Global Abrasion Resistant Coatings Market is expected to reach from USD 7.05 Bn in 2019 to USD XX Bn by 2027, at a CAGR of XX % during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Abrasion Resistant Coatings Market
Global Abrasion Resistant Coatings MarketGlobal Abrasion Resistant Coatings Market Dynamics:
Abrasion-resistant coatings ensure that the object is safe from corrosion during repeated use. Rising demand for high-temperature polymer-based coatings, growing demand from rising economies and superior qualities requirements of ceramic-based coatings, high demand from the industrial sector, coupled with increasing demand for high-performance coatings are the major factors driving the abrasion-resistant coatings market. However, High capital investment and environmental & safety concerns, along with slow growth in industrial and infrastructure sectors in Europe is restraining the market growth.
Global Abrasion Resistant Coatings Market Segment Analysis:
The metal/ceramic abrasion-resistant coatings segment is estimated to be the fastest-growing segment in the abrasion-resistant coatings market. Rising demands for abrasion-resistant coatings with excellent chemical and corrosion-resistant properties drive this segment in the abrasion-resistant coatings market. Ceramic coatings are inert to acid and alkali actions and, therefore, are very tough in nature. Oxide ceramic coatings are electrically insulated and applied on substrates using the thermal spray technique to protect from abrasion and corrosion.
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Scope of the Global Abrasion Resistant Coatings Market Report:
Global Abrasion Resistant Coatings Market, By Type:
• Metal/ Ceramic Based Coatings
• Polymer Based Coatings
Global Abrasion Resistant Coatings Market, By Application:
• Oil & Gas
• Power Generation
Global Abrasion Resistant Coatings Market, By Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the Global Abrasion Resistant Coatings Market:
• Jotun A/S
• Hempel A/S
• The Sherwin-Williams Company
• Sika AG
• Hardide PLC
• Praxair Surface Technologies, Inc.
• PPG Industries
• The Bodycote Group
• Evonik Industries
• Arkema Sa
• Metal Coating Corporation
• Praxair Surface Technologies Inc.
• Hardide Plc
• Bodycote Group
• Axalta Coating Systems
• ASB Industries Inc
• A.W. Chesterton Company
• Impreglon UK Limited
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