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The industrial coatings market size is forecast to increase by USD 22.6 billion and grow at a CAGR of 4.38% between 2023 and 2028. Market growth in the coatings sector hinges on various factors, chief among them being the rising demand for waterborne coatings, propelled by their eco-friendly nature and regulatory compliance. Additionally, the burgeoning automotive industry in the Asia-Pacific (APAC) region contributes significantly to market expansion, with increased manufacturing activities driving coatings demand. The shift toward sustainable practices and environmentally friendly solutions further fuels the demand for eco-friendly coatings as well as coatings raw materials, reflecting changing consumer preferences and regulatory imperatives. These factors collectively shape the market's growth trajectory, highlighting the industry's responsiveness to environmental concerns, regulatory frameworks, and regional economic dynamics. The interplay between sustainable coatings and powder coatings, regional automotive growth, and regulatory drivers underscores the market's evolution towards more environmentally conscious and efficient solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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