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Plastic Coating Market Size, Share Global Analysis Report, 2020–2026
Plastic Coating Market By Type (Acrylic, Polyurethane, Epoxy, and Other Types), By Process(Powder Coating, DIP Coating, Electrophoretic Painting, Spray Coating, and Other Process)and by End-User( for Aerospace and Defense, Automotive, Medical, Building and Construction, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
According to the report published by Facts & Factors, the global Plastic Coating Market size was worth around USD 7 billion in 2019 and is predicted to grow around USD 10 billion by 2026 with a compound annual growth rate (CAGR) of roughly 5.5% between 2020 and 2026. The report analyzes the global Plastic Coating Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Plastic Coating Market.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Plastic Coating industry. The report analyzes and declares the historical and current trends analysis of the Plastic Coating industry and subsequently recommends the projected trends anticipated to be observed in the Plastic Coating market during the upcoming years.
The Plastic Coating market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire plastic Coating market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Billion) from FY 2016 – 2026.
Key Insights from Primary Research
- According to our primary respondents, the Plastic Coating market is estimated to grow at a rate of around 5.5%
- It was recognized through primary research that the plastic coating market was valued at around USD 7Billion in 2019.
- On the basis of segmentation by type “Polyurethane” category, was the leading revenue-generating category accounting for around 38% share, in 2019.
- On the basis of sales channel segmentation, the “Dip coating” category held the leading share at more than 35%, in 2019.
- Europe region dominated the market in the forecasted time, owing to high plastic coating use in the industries.
Key Recommendations from Analysts
- As per our Analysts, Plastic Coating is mainly focused in Europe, owing to high plastic coating use in the industries.
- According to our Analysts, owing to the rising concern of carbon emissions from traditional coatings, the use of plastic coatings has increased tremendously in the automotive industry.
- The rapid development of industrialization and urbanization in the emerging economies is projected to spur this market's growth. However, the rise in the plastic coating market may be hindered by a major impact on the environment due to VOC pollution.
- The plastic coating is estimated to have a lucrative opportunity in the dip coatings in the forthcoming time.
- Entering in the dip coating and polyurethane is projected to fetch larger volumes due to probable demand from the end-user market.
The Plastic Coating Market: End User Share 2019
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Plastic Coating industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Plastic Coating industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Plastic Coating market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Plastic Coating industry. The Plastic Coating market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Plastic Coating sector. Key strategic developments in the Plastic Coating market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Plastic Coating market are appropriately highlighted in the report.
The Plastic Coating market research report delivers an acute valuation and taxonomy of the Plastic Coating industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Plastic Coating industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Plastic Coating industry is provided for the leading economies of the world.
The Plastic Coating market is segmented based on Type and Application. On the basis of type segmentation, the market is classified into Acrylic, Polyurethane, Epoxy, and Other Types. In terms of Process segmentation, the market is bifurcated into Powder Coating, DIP Coating, Electrophoretic Painting, Spray Coating, and Other Process. On the basis of end-user segmentation, the market is classified into Aerospace and Defense, Automotive, Medical, Building and Construction, and Others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 7 Billion |
Projected Market Size in 2026 |
USD 10 Billion |
CAGR Growth Rate |
5.5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Akzonobel N.V., Nippon Paint Co. Ltd., BASF SE, AkzoNobel NV, PPG Industries, Inc., Axalta Coating Systems Ltd., 3M, Valspar Corporation, Kansai Paint Co., Ltd, Eastman Chemical Company, Bayer AG, Diamond Vogel Paints, and WackerChemie AG. , and others. |
Key Segment |
By Type, End-user, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the Plastic Coating market, but not restricted to include
- Akzonobel N.V.
- Nippon Paint Co. Ltd.
- BASF SE
- AkzoNobel NV
- PPG Industries Inc.
- Axalta Coating Systems Ltd.
- 3M
- Valspar Corporation
- Kansai Paint Co.Ltd
- Eastman Chemical Company
- Bayer AG
- Diamond Vogel Paints
- WackerChemie AG.
The taxonomy of the Plastic Coating industry by its scope and segmentation is as follows:
By Type Segmentation Analysis(Customizable)
- Acrylic
- Polyurethane
- Epoxy
- Others
By Process Analysis Segmentation Analysis(Customizable)
- Powder coating
- Dip coating
- Electrophoretic painting
- Spray coating
- Others
By End User Analysis Segmentation Analysis (Customizable)
- Aerospace and defense
- Automotive
- Medical
- Building and construction
- Others
Regional Segmentation Analysis(Customizable)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Akzonobel N.V.
- Nippon Paint Co. Ltd.
- BASF SE
- AkzoNobel NV
- PPG Industries Inc.
- Axalta Coating Systems Ltd.
- 3M
- Valspar Corporation
- Kansai Paint Co.Ltd
- Eastman Chemical Company
- Bayer AG
- Diamond Vogel Paints
- WackerChemie AG.
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