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Global Composite Coatings Market Will Grow at a CAGR 7.7% and Reach USD 2.04 Billion by 2023, from USD 1.31 Billion in 2017

New Global Composite Coatings Consumption Market Report 2023 Report Covers market forecast and top Companies like PPG Industries, Inc., Axalta Coating Systems, LLC, Mader Group, A.W. Chesterton Company, KC Jones Plating Company and others.


Lewes, DE -- (SBWIRE) -- 02/28/2019 -- Global Composite Coatings market will register a 7.7% CAGR in terms of revenue, reach US$ 2040 million by 2023, from US$ 1310 million in 2017.

This report covers the present scenario (with the base year being 2017) and the growth prospects of global Composite Coatings market for 2018-2023.

The composite coatings, by application, is further segmented into anti-corrosion, UV protection, thermal protection, and others. Composite coatings for the anti-corrosion application comprise a major market share due to their properties such as uniform coating thickness, accuracy, and consistency, and so on. Due to these features, they are utilized in large volumes in industries such as transportation, industrial, and oil & gas.

The major end-use industries in the composite coatings market include transportation, aerospace & defense, oil & gas, industrial, and others. The transportation end-use industry is the fastest-growing segment in the composite coatings market.

Composite coatings offer various features including uniform coating thickness, accuracy, stiffness, and consistency in comparison to powder coatings, due to which these are utilized in the transportation, oil & gas, and industrial end-use industries.

Over the next five years, study projects that Composite Coatings will register a 7.7% CAGR in terms of revenue, reach US$ 2040 million by 2023, from US$ 1310 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Composite Coatings market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Laser Melt Injection
Electroless Plating

Segmentation by application:
Aerospace & Defense
Oil & Gas

This report also splits the market by region:
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
PPG Industries, Inc.
Axalta Coating Systems, LLC
Mader Group
A.W. Chesterton Company
KC Jones Plating Company
OM Sangyo Co., Ltd.
Poeton Industries Ltd.
Endura Coatings
Twin City Plating
Aztron Technologies, LLC
Nickel Composite Coatings, Inc.
Surteckariya Co., Ltd.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Composite Coatings consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Composite Coatings market by identifying its various subsegments.
Focuses on the key global Composite Coatings manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Composite Coatings with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Composite Coatings submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 166 pages "Forecast of Global Composite Coatings Consumption Market Report 2023" report covers Scope of the Report, Executive Summary, Global Composite Coatings by Players, Composite Coatings by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Composite Coatings Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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