Anti-corrosion Coating Market Size, Growth, Trends, Year to Year Projection, Revenue and Forecast 2020 to 2027
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Sep 18, 2020 (Profound via COMTEX) —
The global anti-corrosion coating market size was valued at USD 22.8 billion in 2019, and is expected to reach around USD 41.2 billion by 2027, growing at a CAGR of 8.4% from 2020 to 2027.
Anti-corrosion coating slowdowns or prevents the electrochemical reactions that adversely decorate metals’ structural integrity and change their corrosion-induced appearance. This anti-corrosion coating property makes them applicable across diverse end-user industries such as marine, oil amp; gas, industrial, construction, energy (power plants, solar, wind turbines), automotive, and others. In addition, the report includes a detailed description of the different technologies used to produce anti-corrosion coating. Solvent borne, water borne, powder anti-corrosion coating, and high-energy cure coating are widely used technologies.
The global anti-corrosion coating market growth is expected to witness profitable opportunities during the forecast period,