Scienza e Tecnologia
Bio-based Coatings Market worth $18.2 billion by 2027 - Exclusive Report by MarketsandMarkets™
https://www.marketsandmarkets.com/Market-Reports/bio-based-coating-market-1942306.html
Architectural coatings possess various favorable properties such as high corrosion and temperature resistance, increased durability of end-products, and low fire-hazards risks; thus, they are preferred for use in various commercial and industrial applications. With the growing population and increasing migration of population to the developed nations, the construction industry is estimated to develop substantially in the coming years.
The construction industry in China is expected to witness increasing growth due to the implementation of industrial policies and market promotion. Therefore, the demand for decorative paints and coatings in construction is expected to increase. The rising construction of new villages is expected to significantly stimulate the popularization and application of various architectural coatings. The country is expected to significantly increase its investments in real estate and non-residential construction and the export of construction services and building products to key global markets. Growth of the industrial coatings market in China is driven by foreign investments, cost-effective labor, and the availability of low-cost raw materials. The highest consumption of coatings is in the general industrial, wood, and automotive OEM industries. China is increasingly focusing on producing high-quality environment-friendly coatings.
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is a diversified chemical company and one of the market leaders in the fields of decorative paints, performance coatings, and specialty chemicals. It operates through two business segments, namely, decorative paints and performance coatings. AkzoNobel N.V. offers specialty paints, powder paints, and other coatings for various applications such as architectural and decorative, automotive, industrial, marine, protective, and yachts. Coral, Dulux, Flexa, Hammerite, Sadolin, Sikkens, Awlgrip, International, Interpon, Dissolvine, Eka, Expancel, Jozo, Levasil, and Kromasil are some of the renowned brands of the company.
manufactures and distributes coatings, optical & specialty materials, and glass products. The company operates through two major segments, namely, performance coatings and industrial coatings. It also provides industrial and automotive coatings to manufacturing companies, adhesives & sealants to the automotive industry, metal pre-treatments & related chemicals for industrial and automotive applications, and packaging coatings to aerosol, food, and beverage container manufacturers. PPG Industries also offers architectural coatings which are used by painting and maintenance contractors and consumers to decorate and maintain residential & commercial building structures.
The key players profiled in the bio-based coatings market report are AkzoNobel N.V. ( Netherlands ), PPG Industries (US), Sherwin-Williams Company (US), Nippon Paint Holdings Co., Ltd. ( Japan ), and Stora Enso OYJ ( Finland ).
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