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Increasing demand for abrasion resistant coatings form the marine, electronics, and oil & gas industries is major factor expected to drive growth of the global abrasion resistant coatings market over the forecast period.

The global abrasion resistant coatings market report has been segmented on the basis of type, application, and region.

Worldwide Abrasion Resistant Coatings Market Performance, Feasibility, Key Players, Consumption Status, Production, Regions, Report 2017-2026

On the basis of product, the global abrasion resistant coatings market has been segmented into metal/ceramic based coatings and polymer based coatings. The metal/ceramic based coatings segment is estimated to account for significant share in terms of revenue in the global abrasion resistant coatings market, owing to its excellent chemical and wear resistant properties. The metal/ceramic based coatings segment revenue is also projected to register highest CAGR over the forecast.

On the basis of application, the global abrasion resistant coatings market has been segmented into power generation, oil & gas, marine, industrial, infrastructure, transportation, and other applications (food processing, electronics, consumer goods, and pulp & paper). The oil & gas segment is estimated to account for major share in the global abrasion resistant coatings market in terms of revenue.

On the basis of region, the global abrasion resistant coatings market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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North America market is expected to dominate with major revenue share in the global abrasion resistant coatings market in 2017. Asia Pacific market is projected to register highest CAGR in terms of revenue in next 5 years, owing to increasing demand from oil & gas, marine, and electronics industries in countries in this region.

Key players operating in the global market include Akzonobel N.V., Compagnie de Saint-Gobain S.A., Jotun A/S, The Sherwin-Williams Company, Hempel A/S, Praxair Surface Technologies, Inc., Sika AG, HARDIDE PLC, Bodycote plc, PPG Industries, Inc., Arkema S.A., and Evonik Industries AG.

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