Plastic Coatings Market Growth Study | Share, Size, Key Players, Regiona Analysis, Competitor Strategies and Forecast To 2027
Allied Market Research published a report, titled, "Plastic Coatings Market by Type (Polyurethane, Acrylic, Epoxy, and Others), Process (Dip Coating, Spray Coating, Powder Coating, Electrophoretic Painting, and Others), and End-Use Industry (Automotive, Aerospace & Defense, Building & Construction, Medical, and Others): Global Opportunity Analysis an d Industry Forecast 2020-2027." T he global plastic coatings industry garnered $6.5 billion in 2019, and is projected to generate $8.8 billion by 2027, growing at a CAGR of 5.1% from 2020 to 2027. Prime determinants of growth The ongoing trend of lightweight vehicles and increase in adoption from the construction industry propel the growth of the global plastic coatings market. However, strict environmental policies and regulations regarding volatile organic content ( VoC ) restrict the market growth. On the other hand, emerging end-use industries in developing nations create new opportunities in the ...