Global 2k Protective Coatings Market

By Author: Rupali Dagade
Total Articles: 446
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Global 2K Protective Coatings Market size is expected to reach US$ XX Mn. by 2026 from US$ XX Mn. in 2019, at a CAGR of 5.1% during the forecast period.

The report covers the detailed analysis of the global 2K protective coatings industry with the classifications of the market on the basis of resin type, application, end-user, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players contribution in it.

The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in Asia Pacific region. ...
... Major country’s policies about manufacturing and its impact on market demand are covered in the report.
Global 2K Protective Coatings Market Dynamics

Increasing demand from civil building and infrastructure industry to drive the market

Use of the 2K protective coating has been increasing in the infrastructure and construction industry due to its durability and high resistance to water, and chemicals. It is used in the architectural industry for steelwork, paneling, interior & exterior walls, wood finishes like a clear topcoat, vibrant color, or as a varnish. However, its resistance to chemicals makes it ideal for coating surfaces in laboratories, hospitals, leisure centers with pools and spas, and more. 2K protective coating is used in infrastructure projects where long-time stability and the ability is required to withstand harsh weather conditions, such as acid rains. This type of coating also used for flooring in bathrooms, kitchens, hotels, and swimming pools to prevent leakages and avoid moisture. Further 2K protective coatings provide an attractive finish or paintable surface and resist color fade, which is expected to boost the market across the globe.
High prices of raw materials to restrain the market

The raw material for the 2K the protective coating is very costly and the manufacturing cost of the coating is also growing due to fluctuating crude oil prices and foreign currency, which is expected to restrain the market growth during the forecast period.
Global 2K Protective Coatings Market Segment Analysis

Global 2K Protective Coatings Market

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Polyurethane resin type is expected to hold the largest market share of XX% of the global 2K protective coating market by 2026. Polyurethane is a hard-wearing and highly resistant coating, which is used in industrial and architectural coating systems for steelwork, concrete, wood, and other substance. This type of coating widely used in the marine industry as it provides durability and withstands harsh environments like saltwater, pressure, and temperature. The chemical provides high resistance to water, steam, moisture, and most chemicals and works as a waterproof barrier, preventing corrosion of the substrate. Polyurethane provides a flawless finish or paintable surface, which resists color fade.
Global 2K Protective Coatings Regional Insights

Global 2K Protective Coatings Market 2
Asia Pacific is expected to witness highest growth during forecast period

The Asia Pacific is expected to grow at the highest CAGR of XX% during the forecast period due to increasing demand for the 2K protective coating. Increasing demand is attributed to the emerging economies, industrial, and marine sector growth in countries like India, China, and South Korea. At present time Asia Pacific has become the leading producer and consumer of the 2K protective coating thanks to increasing FDIs and booming industrial sectors due to the availability of lands and low-cost labor. However, increasing use of 2K protective coating by the civil building and infrastructure is expected to boost the market in the Asia Pacific.

The objective of the report is to present a comprehensive analysis of the global 2K protective coatings market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants.

PORTER, SWOT, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding global 2K protective coatings market dynamics, structure by analyzing the market segments and project global 2K protective coatings market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global 2K protective coatings market make the report investor’s guide.

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Global 2K Protective Coatings Market Scope: Inquire before buying

Global 2K Protective Coatings Market 3
Global 2K Protective Coatings Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Global 2K Protective Coatings Market Key Players

• AkzoNobel N.V.
• PPG Industries
• The Sherwin-Williams Company
• Jotun A/S
• Hempel A/S
• Chugoku Marine Paints Ltd.
• Nippon Paints Holdings Co. Ltd.
• Kansai Paint Co., Ltd.
• Sika AG
• RPM International Inc.
• The Valspar
• Axalta Coating Systems
• Vitro
• Dunn-Edwards
• Tikkurila
• Teknos
• BASF
• Henkel Vorzuege
• Benjamin Moore
• Kelly-Moore Paints

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