Market Research Future published a raw research report on Global Plastic Coating Market that contains the information from 2014 to 2022. Global Plastic Coating Market is expected to grow with the CAGR of approximately 5% from 2016 to 2022, and with this it is predictable to cross USD 8 Billion by 2022.
Automotive sector plays a key role in the popularity of plastic coating among the suppliers and dealers across the globe. This type of coating has varied application in the automotive sector along with other strategic sectors of aerospace & defense and construction and petrochemicals. With rapid economic development in the emerging nations of APAC, the demand has increased for automobiles. This change in the trend for the automotive sector has induced the demand for plastic coatings across applications such as seat springs, filter pipes, door handles among many others. The cost efficiency and the properties such as corrosion proof, heat proof, wear proof makes it a preferred coating material over conventional coatings.
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The report has analyzed the market based on the various three segments: type, process and application in the regions of North America, Europe, APAC and rest of the world. On the basis of type Polyurethane is expected to show the largest market share by 2022 whereas by process thermoplastic dip coating is expected to attain the largest share along with automotive industry by application. The Global Plastic Coating is expected to cross USD 8 Billion at the end of the forecasted period and is expected to grow at CAGR of approximately 5% from 2016 to 2022.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 116 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Plastic Coating Market Research Report – Forecast to 2022“
We recognize the key players in the Global Packaging Machinery Market as Bayer AG, 3M Company, BASF SE, PPG Industries Inc., Eastman Chemical Company, Akzo Nobel N.V., Wacker Chemie AG, Kansai Paints Co Ltd., Axalta Coating Systems, and Valspar Corporation. This report includes the product portfolios of the same.
Europe will be the Largest Market
Europe is the largest market for plastic coating and is expected to follow the trend by 2022 by leading the market. The region is seen with heavy investments in the research & development in the coating industry with high consumption of the coating material in various industries. North America is valued as a well-established market and is expected to show steady growth in the forecasted period.
APAC is expected to dominate the market with its fastest growing market for plastic coating. With the industrialization and increasing population in the region, there is a high demand for infrastructure and construction. This augments the market for plastic coating with increased government and non-government investments.
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This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Plastic Coating Market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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