The global Anti-Corrosion Coating Market worth 31.73 Billion USD by 2022 , at a CAGR of 5.0% from 2017 to 2022. Rising losses due to corrosion are one of the most significant factors influencing the growth of the global anti-corrosion coating market. Currently, the global anti-corrosion coating market is led by various market players, such as AkzoNobel N.V. (Netherlands), PPG Industries, Inc. (US), Axalta Coating Systems Ltd. (US), BASF SE (Germany), The Sherwin-Williams Company (US), Ashland Inc. (US), Hempel A/S (Denmark), Jotun (Norway), RPM International Inc. (US), and Kansai Paint Co., Ltd. (Japan).
The bonding films market was valued at USD 613.5 Million in 2016 and is projected to reach USD 985.5 Million by 2022, at a CAGR of 8.2% between 2017 and 2022. In this report, 2016 has been considered as the base year and the forecast period has been considered from 2017 to 2022. Henkel AG & Co. KGaA (Germany), 3M (US), Cytec Solvay Group (Belgium), Hitachi Chemical Co., Ltd. (Japan), Arkema S.A. (France), H.B. Fuller (US), Hexcel Corporation (US), Gurit (Switzerland), DuPont (US), Rogers Corporation (US), etc. are the key players operating in the bonding films market.
The hybrid adhesives & hybrid sealants market is projected to grow from USD 4.60 Billion in 2016 to USD 7.54 Billion by 2022, at a CAGR of 8.6% during the forecast period. Soudal (Belgium), Bostik (France), Sika AG (Switzerland), Wacker Chemie AG (Germany), Henkel AG & Co. KGaA (Germany), 3M Company (U.S.), Tremco illbruck GmbH & Co. KG. (Germany), H.B. Fuller (U.S.), Illinois Tool Works Incorporation (U.S.), and Kisling AG (Switzerland) are the key players operating in the hybrid adhesives & hybrid sealants market.
The high temperature sealants market was valued at USD 2.71 Billion in 2016 and is projected to reach USD 3.56 Billion by 2022, at a CAGR of 4.6% from 2017 to 2022. The global market for high temperature sealants is led by players such as, Dow Corning Corporation (US), Wacker Chemie AG (Germany), Henkel AG & Co. KGaA (Germany), Sika AG (Switzerland), 3M Company (US), Bostik SA (France), H.B. Fuller (US), PPG Industries, Inc. (US), CSW Industrials Inc. (US), Illinois Tool Works Company. (US), and Soudal N.V. (Belgium), among others.
The OEM coatings market is projected to reach USD 69.28 Billion by 2022, at a CAGR of 4.7% from 2017 to 2022. There are a few global players operating in the OEM coatings market. These companies are actively investing in various strategies, such as expansions, new product launches, mergers & acquisitions, and joint ventures to increase their market shares and strengthen their position in the OEM coatings market. PPG Industries, Inc. (U.S.), Akzo Nobel N.V. (Netherlands), The Sherwin-Williams Company (U.S.), The Valspar Corporation (U.S.), Axalta Coating Systems Ltd. (U.S.), Jotun (Norway), BASF SE (Germany), Nippon Paints Holdings Co., Ltd. (Japan), 3M Company (U.S.), and Kansai Paints Co., Ltd. (Japan), among others are the leading players operating in the OEM coatings market
The global low temperature coating (low cure coating) market was valued at USD 3.50 Billion in 2015 and is projected to reach USD 5.13 Billion by 2021, at a CAGR of 6.7% between 2016 and 2021. The base year considered for the study is 2015, while the forecast period is between 2016 and 2021. Key companies profiled in the global low temperature coating (low cure coating) market research report include PPG Industries Inc. (U.S.), The Valspar Corporation (U.S.), Axalta Coating Systems (U.S.), Bowers Industrial (U.S.), Tulip Paints (India), Platinum Phase SDN BHD (Malaysia), VITRACOAT America Inc. (U.S.), Forrest Technical Coatings (U.S.), and Specialty Polymer Coatings Inc. (Canada).
The acrylic adhesives market is projected to grow from USD 8.84 Billion in 2017 to USD 11.72 Billion by 2022, at a CAGR of 5.81% between 2017 and 2022. Acrylic adhesives are versatile products that find application in varied industrial sectors. Growing usage of acrylic adhesives in end-use industries, improved quality of adhesives, and increased demand for durable adhesive products are the drivers for the market.
The instant adhesives market is projected to grow from USD 1.57 Billion in 2017 to USD 2.38 Billion by 2022, at a CAGR of 8.75% during the forecast period. In this study, 2016 has been considered as the base year to estimate the size of the instant adhesives market. The report provides the short-term forecast from 2017 to 2022. It aims at estimating the size and future growth potential of the instant adhesives market across different segments, such as curing process, chemistry, application, and region.
The moisture curing adhesives market was valued at USD 3.80 Billion in 2015 and is projected to reach USD 5.77 Billion by 2021, at a CAGR of 7.4% from 2016 to 2021. In this study, 2015 has been considered the base year and 2016 to 2021 the forecast period to project the market size of moisture cure adhesives.
The low friction coatings market is projected to reach USD 810.4 Million by 2021, at a CAGR of 5.7% from 2016 to 2021. Growing end-use industries and changing needs of consumers have fueled the demand for new and advanced low friction coatings. The development of various new and efficient low friction coatings has led to the use of the coatings in various new applications.
The flexographic ink market is projected to reach USD 4.16 Billion by 2022, at a CAGR 4.89% from 2017 to 2022. The market is largely driven by the increasing demand for flexographic ink from various end-use applications, such as corrugated cardboards, flexible packaging, folding cartons, and tags & labels. The growth of the flexographic ink market can also be attributed to increased investments by the key players to launch efficient and cost-effective products, as well as for expansion and merger & acquisition activities. The growth of the middle-class population in emerging economies is one of the important factors driving the flexographic ink market.
The aerospace coatings market is projected to reach USD 1.98 Billion by 2022, at a CAGR 6.90% from 2017 to 2022. A coating is a covering that is applied to the surface of an object, usually referred to as a substrate. The purpose of applying the coating may be decorative, functional, or both. The aerospace coatings market is largely driven by increased demand for aerospace coatings from various end users, such as commercial aviation, military aviation, and general aviation. The growth of the aerospace coatings market can also be attributed to increased investments by the key players to launch efficient and cost-effective products.
The metal bonding adhesives market was valued at USD 5.30 Billion in 2015 and is projected to reach USD 7.70 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021. In terms of volume, the metal bonding adhesives market is projected to grow from 1,337.5 KT in 2015 to 1,871.1 KT by 2021, at a CAGR of 5.8% during the forecast period.
The aerospace interior adhesive market is projected to reach USD 1,101.7 Million by 2021, at a CAGR of 5.35% from 2016 to 2021. Decline in aviation fuel prices, growing air traffic in low cost carriers, and procurement of new aircraft by airline operators for modernization of fleet are the key factors expected to drive the growth of the aerospace interior adhesive market.
The global metal coatings market is estimated to be valued at USD 10.52 Billion in 2016 and is projected to reach USD 14.34 Billion by 2026, at a CAGR of 6.1% from 2016 to 2026. In this study, 2015 has been considered the base year to estimate the market size. The report provides the short term forecast from 2016 to 2021, and the long term forecast from 2016 to 2026.
The global roofing chemicals market is projected to reach USD 160.25 Billion by 2026, at a CAGR of 7.8% from 2016 to 2026. Roofing chemicals are experiencing a high demand from the construction sector in the Asia-Pacific region. Expansions and new product development activities undertaken by different companies for more energy efficient solutions are the key factors driving the growth of the global roofing chemicals market. Roofing chemicals helps in maintaining lower temperatures in the interiors of buildings by reflecting the sunlight on roofs. This reduces the energy consumption required to cool buildings.
The global glass bonding adhesives market is projected to reach USD 1.76 billion by 2021 at a CAGR of 7.4%. The glass bonding adhesives market has witnessed significant growth in the recent years, and this growth is projected to persist in the coming years. Glass bonding adhesives, due to their characteristic properties such as low temperature resistance, high bond strength, excellent adhesion property, and low thermal expansion, are used in a wide range of end-use industries such as furniture, medical, electronics, industrial assembly, transportation, and others.
The global roofing adhesives market is projected to reach USD 5.78 Billion by 2021 in the midterm, at a CAGR of 6.75% from 2016 to 2021. This market is projected in the long term to be USD 8.01 Billion by 2026. This growth is driven by growing middle class population in emerging countries such as China, India, and Brazil. Increasing demand of elastic bonding adhesives from construction application to avoid cracks, provide chemical, oil and grease resistance, and higher durability has also increased the demand for roofing adhesives.
The global concrete bonding agents market is projected to reach USD 5.87 Billion by 2026, at a CAGR of 8.2%. It is projected to reach 8,038.4 KT, at a CAGR of 6.6% from 2016 to 2026 by volume. Rising incomes of the middle class population in emerging countries such as India, Thailand, Indonesia, and Vietnam and the preference in repairing existing infrastructure rather than constructing new ones are the key factors driving the global concrete bonding agents market.
The global electrically conductive coating market, in terms of value, is projected to reach USD 18.88 Billion by 2021, at a CAGR of 8.0% from 2016 to 2021. In terms of volume, the market is projected to reach 17.6 KT by 2021, at a CAGR of 7.0% during the forecast period. The high demand for electrically conductive coatings for consumer electronics displays in the emerging economies of the Asia-Pacific region and Europe and North America, and the mergers & acquisitions and new product development strategies by different companies, are the key factors driving the global electrically conductive coating market.
The textile coatings market is projected to reach USD 6.81 Billion by 2021, registering a CAGR of 3.5% between 2016 and 2021. The market will mostly be driven the growing end-use applications of textile coatings in industrial, construction, automotive, and protective clothing applications. Increasing quality standards in protective clothing sector and innovative technologies such as microencapsulation and nanotechnology in textiles are also supporting the growth of the textile coatings market.
The global wood coating resins market is projected to reach USD 4.24 Billion by 2021, at a CAGR of 5.39% from 2016 to 2021. Growth in the demand for water borne and solvent free coating resins is driving the global wood coating resins market. Rising demand from end-use industries in the developed and emerging countries has led to the growth of the global wood coating resins market.
The defoaming coating additives market was valued at USD 748.0 Million in 2015, and is projected to reach USD 1,034.2 Million by 2021, at a CAGR of 5.6% between 2016 and 2021. The growing automotive and construction industries are boosting the growth of defoaming coating additives market, globally.
The UV adhesives market is projected to reach USD 1,222.5 Million by 2021, at a CAGR of 9.15% between 2016 and 2021. Increasing demand for solvent-free adhesives in medical, glass bonding, transportation, and electronics applications is expected to lead to the growth of the UV adhesives market.
The global industrial adhesives market is projected to grow from USD 41.47 Billion in 2016 to USD 53.37 Billion by 2021, at a CAGR of 5.2% from 2016 to 2021. Growth in the packaging, construction & woodworking, and transportation end-use industries and technological advancements are factors driving the demand for industrial adhesives.
The market size of liquid roofing is projected to reach USD 7.48 Billion by 2021, at a CAGR of 7.1%. It is projected to be 3,439.3 million square meters by 2021, registering a CAGR of 6.7% between 2016 and 2021. The growing construction industry, increasing demand for energy-efficient buildings, and continuous new product launch/development, agreement/collaboration, expansion, and merger & acquisition activities undertaken by companies are the key factors driving the global liquid roofing market.
The global elastomeric coating market size is projected to reach USD 13.58 Billion by 2021, registering a CAGR of 15.19% between 2016 and 2021. Base year considered for the study is 2015, while the forecast period is between 2016 and 2021. This report aims to estimate the market size and future growth potential of the elastomeric coating market across different segments such as type, technology, application, and region. Factors that influence the market growth are drivers, restraints, opportunities, and industry-specific challenges. We have also analyzed the opportunities in the market for stakeholders and presented the competitive landscape for the market leaders during the forecast period.
The plastic coatings market is projected to reach USD 7.76 Billion by 2021, at a CAGR of 5.5% from 2016 to 2021. This growth can be mainly attributed to the increasing demand from the automotive and building & construction industries.
The market size of heat resistant coating is estimated to grow from USD 4.56 Billion in 2016 to USD 6.16 Billion by 2021, at a CAGR of 5.11% between 2016 and 2021. The market is driven by the rising demand of heat resistant coating in the growing automotive & transportation, construction, industrial, and consumer goods industries. Growing awareness of high quality silicone-based products and demand from Asia-Pacific is expected to drive the market.
The global conductive silicone market is projected to reach USD 4.46 Billion by 2021, registering a CAGR of 7.2% between 2016 and 2021. This growth is fueled by the high potential from the power generation & distribution, photovoltaic, and LED industry in Asia-Pacific, Latin America and Middle-East & Africa region.
The global potting compound market size, in terms of value, is projected to reach USD 3.13 Billion by 2021, at a CAGR of 3.7% between 2016 and 2021. The high demand from the electronics industry, increasing miniaturization of electronic devices and continuous new product launches and expansion activities undertaken by different companies are the key factors for the growth of the global potting compound market.
The epoxy coatings market is estimated to reach USD 33.97 Billion by 2021, at a CAGR of over 5.22% between 2016 and 2021. The drivers identified for the epoxy coatings market are growth in application areas, increased demand for waterborne epoxy coatings, and growing demand from developing nations.
The global adhesion promoters market was valued at USD 2.51 Billion in 2015, and is projected to reach USD 3.64 Billion by 2021, at a CAGR of 6.4% between 2016 and 2021. The global adhesion promoters market has been categorized on the basis of type, application, and region. In terms of value, the silane segment led the global adhesion promoters market in 2015. The adhesion promoters market is categorized on the basis of application into plastics & composites, paints & coatings, rubber, adhesives, metals, and others. Innovations in advanced composites and multilayer packaging have increased the demand of adhesion promoters in the plastics & composites application.
The tackifier market is projected to reach USD 3.56 Billion by 2020, at a CAGR of 4.8% from 2015 to 2020. The key factor responsible for the growth of the tackifiers market is the increased demand from the adhesives industry. The tackifiers market in Asia-pacific is anticipated to grow at the highest CAGR between 2015 and 2020. The economies in China and India have witnessed growth, fuelled by the increased construction activities and investments in the expansion or upgradation of manufacturing facilities.
The two part adhesive market size is estimated to reach USD 6.23 Billion by 2020, at a CAGR of 6.5%. The market is driven by rising use of adhesive in the vehicles for weight reduction. As the automotive industry uses lightweight materials such as plastics, composites, and aluminum, which ultimately demand better adhesive material for bonding. So, it is a prime factor for the growth of two component adhesive, globally.
The coated steel market is estimated to grow from USD 20.62 Billion in 2015 to USD 26.68 Billion by 2020, at a CAGR of 5.30% between 2015 and 2020. The coated steel industry is witnessing moderate growth because of demand from end-use industries. Coated steel is largely used in building & construction and appliances industries.
The high temperature coatings market, along with its applications, witnessed a moderate to high growth in the past few years and is likely to continue so in the in the coming years. This growth is mainly driven by the growing application sectors of power & chemical plants and oil & gas, metal processing, cookware, stoves, and automotive industries in Asia-Pacific. The high temperature coatings market size, in terms of value, is estimated to reach USD 4.24 Billion by 2020 at a firm CAGR of over 4.56% between 2015 and 2020.
The global adhesive resin market, along with its applications, has witnessed a high growth for the past few years and this growth is estimated to increase in the coming years. This growth is largely fueled by the increasing applications, technological advancements, and growing demand in the Asia-Pacific region. The adhesive resin market is estimated to reach 5,012.80 Thousand Tons by volume by 2020, signifying a firm CAGR of over 4.14% between 2015 and 2020.
High temperature elastomers are those elastomers which can be used in high temperature applications requirements. In applications like under-the-hood applications in automotive industry, sterilization in medical industry, and others require materials those can withstand high temperatures, generally above 1500 Celsius and above. For such applications special types of elastomers are used those can withstand extreme temperature for prolonged time period without failing. HTEs are relatively costly and are used in small quantities, when compared to other elastomers, hence making their market size in terms of volume comparatively small. Other properties of HTEs, such as high chemical and solvent resistance, make them suitable for aerospace, chemical processing, and oil and gas applications.
The global ink solvents market, along with its applications, has witnessed a moderate growth for the past few years and this growth is estimated to increase in the coming years. The ink solvents market is estimated to reach 1,221.11 kilotons by volume by 2019, signifying a firm CAGR of over 5% between 2014 and 2019.
Fluoropolymer coating systems are prepared from fluoropolymer resin such as PTFE, PVDF, FEP, ETFE resin. The coating system consists of fluoropolymer resin along with binder resins, solvent, pigments and additives. The ratio of these components in the system dominates the characteristics of coatings and they are unique and proprietary for each coating manufacturer. The fluoropolymer coating market has grown rapidly during the past few years and this trend is expected to continue in the next five years. Fluoropolymer Coatings: A projected value of $1,534 million by 2019, signifying firm annualized growth of 6.36% between 2014 and 2019.
This report includes two types of vapor deposition technologies for thin film coating applications in various end-user industries. These two different technologies are Chemical vapor deposition and Physical vapor deposition. These vapor deposition technologies are used for thin film coating applications in various end-user industries such as microelectronics, cutting tools, industrial & energy, medical, decorative coatings and others.
High temperature adhesives are the bonding agents that have applications for service temperature 150°C and above. High temperature adhesives do not lose their bonding and tensile strength in high temperatures. These adhesives have only industrial applications as the service temperature is very high. As the number of industries are continues to increase in emerging markets like India and Brazil the demand of high temperature adhesives also goes on increasing. High temperature adhesives can be classified on the basis of chemical composition, such as polyurethane, epoxy, silicone, polyamide, and others. They can also be classified on the basis of end application market, such as electronics & electrical, automotive, aerospace, construction, marine, and other industrial applications.
Nanocoatings are materials that are manufactured by shrinking raw materials at the molecular level to form a denser product; they are measured on a nano-scale. They, due to lower VOCs (volatile organic contents) content, are preferred over traditional coatings. Nanocoatings have characteristics, such as scratch, UV, chemical resistance, low maintenance, anti-corrosion, and color and gloss retention among others. They also prevent the painted surface from being damaged that is caused by external factors, such as UV and acid rain. Nanocoatings are classified as anti-fingerprint, anti-microbial, anti-fouling and easy-to-clean, self-cleaning (bionic and photocatalytic), and others (specialty coatings and anti-corrosion). Anti-microbial is the most used nanocoating across various applications. Anti-microbial nanocoatings are used by applications, such as healthcare, water treatment, food manufacturing, and packaging. Anti-fouling and easy-to-clean nanocoatings are the second-largest market for nanocoatings and find applications in marine, food manufacturing, automotive, and electronics among others. Anti-fingerprint nanocoatings are projected to grow in the near future due to the increasing demand from the electronics, automotive, medical, and healthcare industries. Other types of nanocoatings find applications in the construction, packaging, and textiles industries.
The coil coatings market is experiencing enormous growth which is expected to continue in the near future, mainly driven by the highly growing Asia-Pacific, RoW, and North American regions. Considerable amount of investments and expansions are made by different market players to serve the end-user applications industries in the future. The Asia-Pacific region is the major coil coatings market that accounted for about 51.04% market demand of the total global demand in 2013. The coil coatings market is estimated to reach 348.50 million gallons by volume by 2019, signifying a firm CAGR of over 4.59% between 2014 and 2019.
Paper coating materials can be classified into nine types, namely, GCC, PCC, Kaolin Clay, Talc, Starch, SB latex, Titanium Dioxide, Wax, and others. GCC constitutes the major market share in the global paper coating materials that are widely used as pigments and therefore, are expected to grow aggressively in the next five years. Kaolin clay and talc are widely used as fillers in coating.
Polyurethane coating is a polymer consisting of a chain of organic units joined by urethane links which is a result of the reaction between an isocyanate component and a resin blend made with only hydroxyl-containing resins. Polyurethane coating chemistry is based on the combination of polyisocyanates mainly TDI and MDI with polyols such as polyesters, polyacrylates, and polyethers. There are various types of PU coatings based on various technologies such as solvent-borne PU coating, water-borne PU coating, high solids PU coating and PU powder coating used in various end industries like automotive & transportation, wood & furniture, industrial, construction, textile, and electrical & electronics.