Complete Guide to 2024 – Paints and Coatings

𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 𝐅𝐨𝐫 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 @

Paints and coatings are used widely to impart aesthetic feasibility to substrates. In addition, they also affect their functionality in terms of wettability, corrosion resistance and adhesion. Paints & coatings market is increasingly witnessing innovations for achieving eco-friendly and durable solution with the introduction of nanotechnology and water-borne systems. Coating industry has taken over the major markets with the adoption of new technologies such as smart coatings for protection and decorative purposes.

The paints & coatings market is anticipated to grow in the forecast period owing to driving factors such as rise in automotive production coupled with increase in furniture production and house construction activities in emerging economies. The growth of the paints & coatings market is further fuelled by growing popularity of functional coatings due to better performance. However, fluctuation in raw material prices and stringent environmental regulations are likely to hamper the growth of the paints & coatings market. Nonetheless, revival of construction industry in developed countries is likely to offer growth opportunities to the key players operating in the paints & coatings market.

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