The global low temperature coating market accounted for USD 3.54 billion in 2016 and is projected to grow at a CAGR of 6.9% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Low Temperature Coating Market By Coating Type (Powder-Based, Liquid-Based), By Resin Type (Polyester, Polyurethane, Epoxy, Acrylic) end Use (Automotive, Heavy-Duty Equipment, Industrial, Architectural, Furniture) Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Complete report on Global Low Temperature Coating Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Low Temperature Coating Market
Low temperature coating is also known as low cure coating which is used in automotive electronics due to its short healing time and expanded efficiency level. These are primarily used in order to prevent coating in specific are as during the diffusion coating process below1,500°F.These coatings are used in automotive, heavy-duty equipment, industrial, architectural and furniture manufacturing sectors.
Key Questions Answered in Global Low Temperature Coating Market Report:-
Our Report offers:-
• What will the market growth rate, Overview and Analysis by Type of Global Low Temperature Coating Market in 2024?
• What are the key factors driving, Analysis by Applications and Countries Global Low Temperature Coating Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Low Temperature Coating Market?
• Who are Opportunities, Risk and Driving Force of Global Low Temperature Coating Market?
• Who are the opportunities and threats faced by the vendors in Global Low Temperature Coating Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Low Temperature Coating Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- PPG Industries Inc.
- Axalta Coating Systems LLC.
- The Valspar Corporation
- Bowers Industrial
- Tulip Paints
- Platinum Phase SdnBhd
- Forrest Technical Coatings
- Specialty Polymer Coatings Inc.
- among others.
Major Market Drivers:
- Environment friendly coating
- Growing demand from the automotive sector
- More of energy saving due to minimization in cure temperatures
- Difficult to use in thin film applications
Customize report of “Global Low Temperature Coating Market” as per customers requirement also available.
Global Low Temperature Coating Market is segmented on the basis of
- Coating Type
- Resin Type
- End Use
Market Segmentations in Details:
On the basis of Coating Type, global low temperature coating market is segmented into powder-based and liquid-based.
On the basis of Resin Type, global low temperature coating market is segmented into polyester, polyurethane and epoxy, acrylic.
On the basis of End Use, global low temperature coating market is segmented into automotive, heavy-duty equipment, industrial, architectural and furniture.
On the basis of Geography,
- North America
- South America
- Middle East & Africa
Company Share Analysis: Global Low Temperature Coating Market
The global low temperature coating market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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