Specialty Coating Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023
- Transparency Market Research
- March 2027
- 0 pages
Specialty coatings are a kind of coating that delivers performance as per the needs of particular applications. Specialty coatings meet the basic definition of a topcoat, primer, and a self-priming. Some of the benefits of specialty coatings are fire or temperature resistance, antireflection, sealing, substrate compatibility, temporary protection, excellent adhesive properties, and enhanced corrosion protection.
The global specialty coating market is segmented on the basis of geography, end-use application, and base material. Based on geography, the global specialty coating market is divided into Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America. The global specialty coating market is predicted to develop rapidly in the years to come due to their growing consumption in various industries, especially in the paints and coatings industry.
The overview section of the global specialty coating market report highlights details such as key drivers of the market, factors limiting the growth of the market, and current market trends. The report studies the industry chain structure, market projections for the coming few years, and the overall market structure. Growth factors, restraints, and opportunities of the global specialty coating market are studied in the report. The Porter’s five force model is used in the report to analyze the feasibility of new projects as well as the possible future growth opportunities. Competitive analysis of the global specialty coating market is studied in the report on the basis of new products introduced by the new entrants and mergers done by the leading players.
Overview of the Specialty Coating Market
The global specialty coating market is classified on the basis of base material into alkyd, epoxy, acrylic urethane, and polyamide. Based on its end-use application, the global specialty coating market is classified into OEM paint, refineries, oil and gas, aerospace and defense, power, pulp and paper, petrochemical, pipeline, railway, fireproofing, water and wastewater, marine, and architectural. The global paints and coatings market is predicted to expand at a 5.0% CAGR during the period between 2015 and 2020. Rise in the paints and coatings industry in the coming years is predicted to have a positive impact on the global specialty coating market in the years to come.
In 2014, in terms of consumption, Asia Pacific dominated the global specialty coating market. Asia Pacific, being the hub for several end-use industries including electrical and electronics, construction, and automotive, is expected to maintain its dominant position in the coming few years. North America is expected to be the second largest market in the global specialty coating market, followed by Europe. Stringent environmental regulations related to the reduction of carbon dioxide emissions are expected to drive Europe and North America specialty coating market.
Stringent environmental regulations, coupled with testing standards, are expected to restrict the growth of the global specialty coating market in the years to come.
Companies mentioned in the research report
The global specialty coating market is highly fragmented and competitive. With the entry of new companies, the global specialty coating market is expected to be more competitive in the years to come for the leading players. However, with mergers and acquisitions, the leading players are expected to maintain their dominant position in the coming few years. Some of the leading companies in the global specialty coating market are Ashland, Axalta, Specialty Coating Systems, Nicoat, Specialty Polymer Coatings Inc., PPG industries, Evonik, U.S. Specialty Coatings, Inc., and NV Specialty Coatings Srl.
Key segments of the Specialty Coating Market are as follows:
Specialty Coating Market, by Geography
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Major regions analyzed under this research report are:
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Chemicals
ChemicalsChinese Markets for Container Coatings
ChemicalsChinese Markets for Antioxidants
ChemicalsChinese Markets for Silicone Coatings
ChemicalsChinese Markets for Absorbents