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The protective coatings market size is forecast to increase by USD 22.41 billion at a CAGR of 10.87% between 2023 and 2028. The market exhibits significant growth due to various driving factors. One of the key trends is the increasing demand for eco-friendly water-borne coatings, which are gaining popularity due to their low volatile organic compound (VOC) emissions and better environmental compatibility. Another trend is the increasing focus on advanced coatings, such as UV-curable and nanocoatings, which offer superior protection and durability. However, the market faces challenges due to the volatility of raw material prices, particularly for titanium dioxide and other pigments. To mitigate these challenges, market participants are exploring alternative raw materials and production methods to reduce costs and improve efficiency.
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 End-user
8 Market Segmentation by Resin Type
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
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