High growth of Metal coating market is expected due to expanding the marine, power generation, oil and gas industries. Medical and health care department is also moving towards metal coatings due to its advantages such as Decreasing Maintenance Costs, Increasing high temperature resistance, increasing performance under harsh conditions, extending the life span of the product and so on.
What is Metal Coatings Market?
Metal coatings are coatings that are applied to metal in order to protect the metal and reduce wear and tear. Without coatings metal will rust and corrode due to environmental exposure. By coating the metal, an extra layer of protection is provided. Metal coatings are commonly made from polymers, like epoxy, polyurethane, and moisture cure urethane.
Market Research and Market Trends of Metal coatings market.
- Requirement of metal coatings in construction sector is high so upcoming mega projects like Al Maktoum Airport,(Duba), Jubail II,(Saudi Arabia), South-to-North Water Transfer Project(China) will become drives for metal coating market.
- The developing prevalence of different kinds of metal coatings for different types of substrates play an important role in growing the market of abrasion resistant coatings.
- The demand for metal coatings on pipelines and boring supplies for better execution in helpless conditions have been the key drivers of the metal coatings showcase in the oil and gas industry.
What are the applications of Metal Coatings Market?
The applications of Metal coating include coating on equipment, boats, heavy equipment, automobiles, trains, airplanes and so on. Metal coatings are also used to act as lubricants or torque agents.
Who are the Major Players in Metal Coatings Market?
The companies referred in the market research report are Axalta Coating Systems, PPG Industries, AkzoNobel N.V, and 10 other companies.
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