Protective coatings market to hit $19,374.50 M, rising demand from construction and aerospace

摘要

The global protective coatings market depicts a fragmented and competitive landscape, with prominent players scattered across the globe. Key players in the market are focusing on new product development, business expansion, and merger & acquisition to expand their market share. Apart from this, major companies are strengthening their distribution network in order to expand their customer reach. A few players in the protective coatings market are ramping their investments to expand their reach and development of advanced materials such as smart coating materials. However due to lack of adequate testing these smart coating materials are still restricted to laboratory environment.