PUNE, India, June 12, 2017 /PRNewswire/ --
The report "Composite Coatings Market by Technique (Laser Melt Injection, Brazing, Electroless Plating), Application (Anti-Corrosion, UV Protection, Thermal Protection), End-Use Industry, Region - Global Forecast to 2022", published by MarketsandMarkets™, the market was USD 840.0 Million in 2016, and is projected to reach USD 1,306.8 Million by 2022 at a CAGR of 7.7% from 2017 to 2022.
Browse 69 market data tables and 46 figures spread through 144 pages and in-depth TOC on "Composite Coatings Market - Global Forecast to 2022"
Early buyers will receive 10% customization on this report
The composite coatings market is driven by the increasing demand for anti-corrosion and self-lubrication in the transportation industry and chemical resistance and anti-corrosion in the oil & gas industry. Also, technological advancements in the mass production of composite coatings is one of the factors driving the composite coatings market globally.
Request for Sample PDF of Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=134703489
Anti-corrosion application comprises a major share in the composite coatings market in terms of value
Composite coatings are mainly utilized for applications such as anti-corrosion, UV protection, thermal protection, and others. Composite coatings for anti-corrosion comprise a major share in the global composite coatings market. Electroless nickel co-deposited with nano-particles such as boron nitride, diamond infused, medium phosphorus, PTFE and others are mainly used for anti-corrosion applications. These coatings are majorly used in the transportation, oil & gas, and industrial end-use industries.
Transportation is the largest end-use industry of composite coatings
The major end-use industries in the composite coatings market include transportation, oil & gas, industrial, and aerospace & defense. The transportation end-use industry constituted a major part of the composite coatings market. Composite coatings offer superior properties, including uniform thickness, stiffness, and accuracy and so on, in comparison to traditional coatings. These factors are leading to the high growth of the composite coatings market in the transportation, industrial, and aerospace & defense end-use industries.
North America accounts for a major market share in the composite coatings market
North America accounts for the largest market share of composite coatings in 2016, globally, due to the high demand for properties such as uniform coating thickness, consistency, stiffness, and accuracy. In addition, technological advancements in the mass production of composite coatings and increasing usage of these coatings in the transportation and aerospace & defense end-use industries is also contributing to the high growth of the Composite Coatings Market in the North American region. North America is projected to be the fastest-growing market for composite coatings from 2017 to 2022.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=134703489
Some of the key leading global players in the composite coatings market are, PPG Industries, Inc. (U.S.), Axalta (U.S.), Mader Group (France), A.W. Chesterton Company (U.S.), K C Jones Plating Company (U.S.), Om Sangyo Co. Ltd. (Japan), Endura Coatings (U.S.), Twin City Plating (U.S.), Aztron Technologies, LLC (U.S.), Nickel Composite Coating Inc. (U.S.), and Surteckariya Co. Ltd. (Japan), among others. These players have adopted various organic and inorganic developmental strategies during the past five years.
Browse Related Reports:
Composite Resin Market by Resin Type (Thermoset and Thermoplastic), by Manufacturing Process (Layup, Injection Molding, Filament Winding, Pultrusion, Compression Molding, RTM, and Others), by Application & by Region - Global Forecasts to 2020
Gelcoat Market by Resin Type (Polyester, Vinyl Ester, Epoxy, and Others), by End-Use Industry (Marine, Transportation, Construction, Wind, and Others) & by Region - Trends & Forecast to 2020
Subscribe Reports from Chemicals & Materials Domain http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets