The surfaces are covered with a layer of plastic coating or polymer coating to secure the surface from moisture, corrosion, environmental temperature, heat, chemicals and so on. There is high demand for various types of plastic coating process such as dip coating, plastic powder coating, spray coating and others. There is high scope for the Plastic Coatings Market in various regions across the globe during 2015-2020.
Scope and Regional Forecast of the Plastic Coatings Market:
According to the IndustryARC research analysis studies on the Plastic Coatings Market, the metal coating, glass coating and UV coating are some of the main uses of plastic coatings for safety and maintenance of the products.
North America is expected to have high demand for the Plastic Coatings Market during 2016-2021 owing to the huge industrial scope in this region. Marine coatings and dip plastic coatings are highly demanded types in this region during 2015-2020.
IndustryARC market analysis suggests that Europe is anticipated to witness growth in the Plastic Coatings Market in automotive industry and oil and gas industries predominantly. Asia Pacific is expected to witness fast growth due to the rise in industrialization and emerging economies such as China, India and Japan through 2020.
Segmentation and Key Players of the Plastic Coatings Market:
The Plastic Coatings Market is segmented into various categories in the IndustryARC marketing research report by type plastic, by technology, by industries and applications and by geography as follows:
By type plastic: Polyurethane (PU), Polypropylene (PP), Thermoplastic polyolefin (TPO), Polystyrene (PS) and others (Acrylonitrile butadiene styrene (ABS) , Polycarbonate and more)
By technology: Water-borne, Solvent-borne and others
By industries and applications: Aerospace & Defense, Automotive, Domestic, Medical, Construction, Petrochemicals and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Plastic Coatings Market according to the IndustryARC research report are as follows:
- AkzoNobel N.V (Europe)
- Plastic Coatings Limited (U.K.)
- Plasti Dip (U.S.)
- BASF Coatings AG (Germany)
- Plastic Coating Corporation (U.S.)
The Plastic Coatings Market is a high potential market with increasing demand for plastic industrial coatings for protection and corrosion resistance applications in various end user industries across the globe. This market is expected to witness high growth due to increasing use of polymer coating in emerging end user industries such as automotive, construction etc., growth in investment for high quality marine coatings and protective coatings for industrial use in various regions across the globe during 2015-2020.
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