Global Abrasion Resistant Coatings Market 2022-2028
Abrasion-resistant coatings are specially formulated to protect structures in industrial settings against corrosion, damage and wear brought about by several factors like heat, moisture, pH, electrochemical potentials and others. The global abrasion resistant coatings market is expected to increase by USD 4 billion, at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2028, according to the latest edition of the Global Abrasion Resistant Coatings Market Report.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global abrasion resistant coatings market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the abrasion resistant coatings industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for abrasion resistant coatings can be segmented by product: metals/ceramics coatings, polymer coatings. In 2021, the polymer coatings segment made up the largest share of revenue generated by the abrasion resistant coatings market. Abrasion resistant coatings market is further segmented by end user: automotive and transportation, building and construction, marine, mining, oil and gas, power generation, others. The building and construction segment was the largest contributor to the global abrasion resistant coatings market in 2021. Based on region, the abrasion resistant coatings market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). Europe is estimated to account for the largest share of the global abrasion resistant coatings market.
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