From automotive components, oil and gas pipelines, agriculture and heavy equipment, to water and wastewater pipelines, industrial liquid coatings have become the high-performance cornerstone to provide superior corrosion protection and reliable mechanical strength. The industry is focusing on new innovations and technologies as customers continue to exhibit demand for high quality and durable products. In terms of revenue, the global industrial liquid coatings market size is expected to surpass US$70 billion by 2025.
With environmentally friendly liquid coatings witnessing a compelling trend in the past several years, environmental initiatives to reduce CO2 emissions, volatile organic compound (VOC) emissions and energy cost have gained a noticeable uptick.