Atul Yadav

The market for low-VOC coatings is projected to grow from $128.6 billion in 2024 to $154.9 billion by 2029, at a compound annual growth rate of 3.8% during the forecast period.

Significant growth of the construction industry, environmentally friendly characteristics, durability, and better aesthetic appearance are all driving architectural coatings consumption. Increasing investments in emerging markets and less-regulated regions provide growth opportunities for market players.

In the dynamic landscape of automotive manufacturing, one critical aspect that often remains unseen but significantly impacts both aesthetics and functionality is automotive coatings. This article delves into the definition of automotive coatings, the features favored by manufacturers, recent developments, expanding applications, and future trends in this vital sector.

Nanotechnology is an emerging field that is enabling breakthroughs of new and effective tools in the coatings industry. The trends and developments mentioned in this article are a few hot bets expected to impact the coatings industry in the coming years.

According to a report from MarketsandMarkets, the market size for powder coatings was USD 14.7 billion in 2022 and is projected to reach USD 19.9 billion by 2028, at a CAGR of 5.2% during the forecast period. Economic growth in developing countries, end-use industry expansion, investment in infrastructure, stringent environmental regulations, and growing purchasing power drive the powder coatings market.

The market for architectural coatings is projected to grow from $85.1 billion in 2023 to $102 billion by 2028, at a CAGR of 3.9%. Read about key factors that provide market players with growth opportunities, as well as the potential challenges players could face during the forecast period.

The utilization of hydrophilic coatings offers numerous advantages, including enhanced biocompatibility, lubricity, durability, corrosion resistance, and antifouling properties. This type of coating is used across diverse industries, including medical devices, automotive, aerospace, marine, optical, and consumer goods.