According to a report by Persistence Market Research, Global Market Study on Thermal Spray Coatings: Industry Analysis and Forecast, 2016–2024, the thermal spray coatings market is expected to reach $7.6 billion at the end of 2016, rising at a CAGR of 5.9%.
According to a study by research firm Global Market Insights, global conformal coatings market size was worth over $3 billion in 2014 and is likely to be valued at $5.2 billion by 2023, growing at CAGR of above 6.2%.
A report released by research firm MarketsandMarkets projects that the global market size of coating additives will reach $9.19 billion by 2021, registering a CAGR of 6.1% between 2016 and 2021.
According to a report by research company Global Market Insights, the size of the automotive coatings market was estimated at more than 3.7 million tons in 2014 and is likely to exceed 5.5 million tons by 2022, with a growth rate of above 4.8%.
U.S. demand for solvents is forecast to rise 1.1% per year through 2020 to 9.6 billion pounds, reflecting continued economic growth and, in particular, ongoing healthy increases in construction activity.
Global Market Insights, an industry research firm based in Ocean View, Delaware, has released a new study that reports the global protective coatings market was valued at over $12.5 billion in 2015, growing at a CAGR of more than 9% from 2016 to 2023.
A new report by Allied Market Research, titled, World Smart Material Market, projects that the world smart materials market is expected to generate revenue of $72.63 billion by 2022, with an estimated CAGR of 14.9% from 2016 to 2022.
The Global Top 10 and PCI 25 is a ranking of the top global and North American coatings manufacturers. Rankings are based on 2015 coatings sales. Sales of other, non-coating products are not included.
Given the increased sales volumes so far in 2016, the TiO2 market has begun to feel tighter than it has in years, which is providing confidence to some producers that the worst is behind the industry for the near term.
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