Market Size of China Marine Coatings Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 2.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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China Marine Coatings Market Analysis
The China marine coatings market is expected to grow at a CAGR of more than 2% during the forecast period. One of the key factors driving is the high growth in the marine transportation sector along with the expansion of the Chinese navy. However, the impact of COVID-19 is expected to act as a restraint to the market.