Market Size of High Performance Coatings Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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High Performance Coatings Market Analysis
The high performance coatings market is expected to grow at a CAGR of over 5% during the forecast period. One of the major factorsdriving the market studied includes increasing construction activities in the United States and Asia-Pacific. Solvent-based adhesives are being phased out to reduce VOC emissions;this isexpected to significantly hinder the growth of the market studied.
- Asia-Pacific is expected to dominate the global market during the forecast period.
- By end-user industry, the building and construction industry is expected to witness the highest demand for high performance coating during the forecast period.