APAC to Lead Global Anti-Corrosion Coating Market to 2023, Expects HeyReport in Its New Publication Recently Added at MarketPublishers.com12 Dec 2017 • by Natalie Aster
LONDON – Presently, the global market for anti-corrosion coatings is rising at a fast pace, being significantly encouraged by factors like huge losses associated with corrosion and sustained growth in the key end-use industries (including power generation, automotive and transportation, etc.), amid other growth driving factors. The marketplace is expected to gain traction further and to demonstrate a healthy CAGR through to 2023.
As for types of anti-corrosion coatings, the total market is set to be led by the acrylic segment, which is poised to grow at the highest CAGR over 2017-2023. The key factors stimulating growth in this segment include the surging production of waterborne acrylic coatings, tough environmental regulations and the rising demand for acrylic coatings from manifold industries.
Meantime, the power generation segment is likely to be major end-use sector of anti-corrosion coatings; it is slated to grow at the fastest pace up till 2023.
Through 2023, APAC is set to be the leading regional market for anti-corrosion coatings, posting the highest CAGR by late 2023.
New research publication issued by HeyReport, “Global Anti-Corrosion Coating Market Research Report 2011-2023”, delves deep into the current situation in the marketplace as well as looks at the possible future development patterns of the market and provides detailed future forecasts up till 2023. It analyses the market performance on a global and regional scales, offers a holistic market segmentation analysis based on product types, applications and regions; highlights the market dynamics with valuable data on major market growth drivers and restraints; pinpoints the current and emerging market development trends and lucrative growth opportunities; traces light on the market competitive landscape, providing detailed profiles of the most dominant market players. In addition, the report offers SWOT analysis and Porter's five forces analysis together with industry chain structure analysis.
HeyReport online catalogue at MarketPublishers.com comprises many other research reports worked out by this publisher.