In-Depth Analysis of Plastic Coatings Market 2016 - 2024 | PPG Industries, Eastman, Azko Nobel, Sherwin-Williams, Bayer A.G, Axalta Coating Systems
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"Plastic Coatings Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2016 - 2024"
with Industries Survey | Global Current Growth and Future.
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Plastic coatings are used in various applications
in different sectors such as automotive, oil & gas, building &
construction, electronics, aerospace and defense. Some Functional
uses of plastic coatings include corrosion inhibition, abrasion
resistance, thermal resistance, chemical resistance, UV resistance,
lubrication, mechanical property enhancement, surface finish, and
esthetics. Implementation of higher number of
environmentally-friendly regulations is expected to encourage
manufacturers in the coatings industry to opt for water-based plastic
coatings.
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Plastic
coatings can be classified based on their application into
architectural coatings, industrial coatings, and special purpose
coatings. Architectural coatings account for around 50% share of the
global coatings industry. These include consumer paints. Industrial
coatings are used at the time of manufacture of products. Special
coatings comprise a wide range of functional coatings and can be
sub-divided into automotive refinish coatings, industrial maintenance
coatings, traffic marking paints, and marine paints. Plastic coatings
can be applied to substrates in many ways. These include chemical &
electrochemical techniques, spraying, roll-to-roll coating, and spin
coating.
Polyurethane, polyester, epoxy, and PTFE are the
most widely used plastic coatings. PU coatings are recommended
for application on surfaces requiring good wear resistance along with
excellent chemical & physical resistance. Epoxy coatings are
harder, more durable, and possess higher compression strength than
polyurethanes; however, they have lower resistance to abrasion and
low freezing temperature. Polyester coatings are widely used to
provide wear & tear resistance, water resistance, and chemical
resistance to wood. They also possess the fastest curing time. PTFE
coatings have high temperature and chemical resistance and low
surface energy. Thus, they are ideal materials to be used in
‘non-stick’ applications. Chlorinated rubber coatings are
employed in marine environments, as they are resistant to salts,
alkalis, mineral oils, moisture, and fungal growth. Various plastics
incorporated with carbon particles or metallic particles are used in
conductive coatings or EMI shielding. Other applications of plastic
coatings include barrier protection, antiglare, super hydrophobicity,
anti-contamination, and esthetic finishes.
Key players
operating in the plastic coatings market are Bayer SE, PPG
Industries, Eastman, Azko Nobel, Sherwin-Williams, Bayer A.G, Axalta
Coating Systems, Kansai Painting Co,. Ltd, Asian Paints, and RPM
International Inc.
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A separate
analysis of prevailing trends in the parent market, macro- and
micro-economic indicators, and regulations and mandates is included
under the purview of the study. By doing so, the report projects the
attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
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- Historical, current, and projected size of the market from the standpoint of both value and volume
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