About Plastic Coatings
Plastic Coatings operates as a plastic coating manufacturing company. It offers thermoset and thermoplastic polymers, fluoropolymers, primers, and many more products. The company serves the automotive, aerospace, offshore, and medical industries. It was founded in 1952 and is based in West Midlands, United Kingdom.
Latest Plastic Coatings News
Sep 20, 2023
News Provided By Share This Article Plastic Coatings Market Demand Plastic coatings market is projected to reach $8.8 billion by 2027, growing at a CAGR of 5.1% from 2020 to 2027 OREGON, PORTLAND, UNITED STATES, September 21, 2023/ EINPresswire.com / -- Allied Market Research published a report, titled, "Plastic Coatings Market by Type (Polyurethane, Acrylic, Epoxy, and Others), Process (Dip Coating, Spray Coating, Powder Coating, Electrophoretic Painting, and Others), and End-Use Industry (Automotive, Aerospace & Defense, Building & Construction, Medical, and Others): Global Opportunity Analysis and Industry Forecast 2020-2027." The global plastic coatings industry garnered $6.5 billion in 2019, and is projected to generate $8.8 billion by 2027, growing at a CAGR of 5.1% from 2020 to 2027. Prime determinants of growth The ongoing trend of lightweight vehicles and increase in adoption from the construction industry propel the growth of the global plastic coatings market. However, strict environmental policies and regulations regarding volatile organic content (VoC) restrict the market growth. On the other hand, emerging end-use industries in developing nations create new opportunities in the next few years. Request Sample PDF Brochure: https://www.alliedmarketresearch.com/request-sample/7951 Leading Market Players Covid-19 Scenario Daily operations of the coating manufacturing facilities have been stopped during the lockdown. Moreover, R&D activities have been disrupted. The supply and distribution activities have been halted in the wake of lockdown imposed by governments for curbing the spread of coronavirus. The demand from automotive and construction sectors has been reduced significantly with operations in these sectors halting. However, the demand is expected to increase steadily as restrictions of lockdown are eased off. As manufacturing and on-field operations begin, the demand for plastic coatings in different industries would gain gradually. The epoxy segment to maintain its lead position during the forecast period By type, the epoxy segment held the highest market share, accounting for nearly two-fifths of the total market share of the global plastic coatings market in 2019, and will maintain its lead position during the forecast period. This is due to its adoption in different applications for its benefits such as better finishing, durability, economical nature, and others. However, the acrylic segment is estimated to grow at the highest CAGR of 5.8% from 2020 to 2027. This is attributed to its benefits including excellent UV resistance, moisture protection, and others. Have Any Query? Ask Our Expert : https://www.alliedmarketresearch.com/purchase-enquiry/7951 The spray coating segment to maintain its dominant share throughout the forecast period Based on process, the spray coating segment contributed to the largest share in 2019, accounting for more than one-fourth of the global plastic coatings market, and is projected to maintain its dominant share throughout the forecast period. This is attributed to its widespread adoption in construction, automotive, and others as it offers ease in applications. However, the powder coating segment is expected to manifest the fastest CAGR of 5.9% during the forecast period, owing to construction of intricate shapes and elimination of pretreatment of components. Asia-Pacific, followed by North America, to grow at the fastest rate By region, Asia-Pacific, followed by North America, is projected to witness the largest CAGR of 5.6% from 2020 to 2027. In addition, this region held the largest share in terms of revenue in 2019, accounting for more than one-third of the total share, and will maintain its lead position by 2027. This is attributed to grow of the macroeconomic factors such as GDP growth, industrial production, new residential and commercial construction, and automotive production. The global plastic coatings market report also explores regions including Europe and LAMEA. Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/plastic-coatings-market/purchase-options More Related Reports:
Plastic Coatings Frequently Asked Questions (FAQ)
When was Plastic Coatings founded?
Plastic Coatings was founded in 1952.
Where is Plastic Coatings's headquarters?
Plastic Coatings's headquarters is located at Ham Lane Kingswinford, West Midlands.
Who are Plastic Coatings's competitors?
Competitors of Plastic Coatings include P2i and 4 more.
Compare Plastic Coatings to Competitors
PolyDrop develops conductive polymer additives and solutions. It offers solutions for coatings, composites, batteries, marine (anticorrosion), textiles, floors, and electronic applications. It was founded in 2013 and is based in Bellevue, Washington.
Diamond-MT is a conformal coating company. It offers parylene conformal coating, acrylic resin coating, epoxy conformal coating services, urethane resin coating, silione conformal coatings, and more. It was founded in 2001 and is based in Johnstown, Pennsylvania.
Alderon provides roofing solutions. It offers various products such as Alderon roofing, Alderon pipes, Alderon gutters, Alderon Flat hollow, and Alderon plafond. The company was founded in 2015 and is based in Jakarta, Indonesia.
Nagase ChemteX (NCU) is a chemical manufacturing company. It manufactures adhesives, conductive, and encapsulants. It specializes in epoxy-modified products and has developed many kinds of unique epoxy compounds under the trade name Denacol. It also offers solutions for photolithography, epichlorohydrin derivatives, acrylic polymers, conductive polymers, liquid crystal materials, chelating agents, disinfectants, antimicrobial agents, and more. The company serves the appliance, automotive, filter, lighting, solar, medical, and microelectronics markets. It was founded in 2000 and is based in Delaware, Ohio.
actnano is a nanotechnology company that enables electronic components to be effectively and economically water-repellent and not detectable by users either visually or by touch. It delivers value to electronic device manufacturers through its ability to adapt the coating and optimize application technology to the needs of each manufacturer. actnano was formerly known as Advanced Consulting Technologies. It was founded in 2012 and is based in Cambridge, Massachusetts.
HZO delivers protective nanocoatings that safeguard electronics from corrosive and liquid environments. The company brings together people, process, capital equipment and material science, leveraging an extensive patent portfolio to create unique solutions to meet specific customer requirements. Working with companies across industries including consumer electronics, IoT, medical device and automotive, HZO delivers a water resistant and waterproof product that reduces costly returns, improves customer satisfaction and drives overall brand value.