The Abrasion Resistant Coatings Market size is estimated to reach USD 8.46 billion by 2021, at a CAGR of 6.3% between 2016 and 2021. Resistance to wear & tear and protection from environmental abrasion & corrosion are the key properties of abrasion resistant coatings, which make it the preferred material for various applications.
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Key Target Audience:
- Raw material suppliers
- Abrasion resistant coatings manufacturers
- Traders, distributors, and abrasion resistant coatings suppliers
- Government and regional agencies and research organizations
- Investment research firms
The abrasion resistant coatings market segment is estimated to be the fastest-growing type in the abrasion resistant coatings market.
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The rising demands for abrasion resistant coatings with excellent chemical and corrosion resistant properties drive this segment in the abrasion resistant coatings market. Ceramic coatings are inert to acid and alkali actions and, therefore, are very tough in nature.
Oxide ceramic coatings are electrically insulated and applied on substrates using thermal spray technique to protect from abrasion and corrosion.
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North-America dominated the abrasion resistant coatings market due to rapidly expanding marine and power generation industries. The Asia-Pacific region is projected to register the highest growth rate, both in terms of value and volume, owing to high demand from China and India.
China is the second-largest market for abrasion resistant coatings, globally, with major demand coming from the oil & gas industry.
Premium Insights and Complete Overview
1 Attractive Opportunities in Abrasion Resistant Coatings Market
2 Abrasion Resistant Coatings Market Share in North America, By Country and Application
3 Abrasion Resistant Coating Market Size, By Type, 2016 vs 2021
4 Top 10 Countries in the Abrasion Resistant Coatings Market
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
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