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According to the report, the market’ssize was USD 1.2 billion in 2021 and is projected to grow at a CAGR of 10.3% during the forecast period to reach USD 2.0 billion by 2027.
The coatings industry has come a long way from brushes and buckets. Today's modern coatings, including polyurethane and polyurea, are among the most advanced resins developed.
