Global Sol-Gel Coatings Market is expected to rise from its initial estimated value of USD 5.23 billion by 2026, registering a CAGR of 11.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the advancements in technology and introduction of modern advanced products with a lower volatile organic compound content.
Sol-gel coating is a process of creating solid products and materials using small and nano-molecules. This process involves the conversion of monomers to a colloidal solution. In essence, a solution is transformed and condensed for the formulation of a gel. The resulting gel is therefore applied on the various substrate surfaces and subsequently dried off for the formulation of a protective glossy coating.
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Major Key players profiled in this report are:
SOCOMORE, Akzo Nobel N.V., SCHOTT AG, 3M, PPG Industries Inc., CMR Coatings GmbH, Nanovations Pty Ltd., Axalta Coating Systems, The Sherwin-Williams Company, Ferro Corporation, Premium Coatings And Chemicals Pvt Ltd., Euroglas GmbH, Warren Paint & Color Co., OPTICOTE INC, Covestro AG, Thermolon Korea, Praxair Technology Inc., NTC – Nano Tech Coatings GmbH, and Nanogate SE.
The market research report is a brilliant report that helps the individual to make vital choices and accomplish development targets. The study of this report has been utilized to analyze different fragments that are depended upon to observe the speediest advancement dependent on the assessed conjecture outline. Various strategies and procedures were utilized to assemble and assess the data. It perceives the prerequisite to stay educated in this aggressive market conditions and consequently offers a bit of wide-running data for settling on choice and methodologies so as to enlarge the market productivity and development.
Major Market Drivers:
Technological advancements and modernisation in the product offered is expected to act as a driver for the market growth
Growth in the demand of the product due to the introduction of water based coatings in the various industries is also expected to drive the market growth
- By Product Type
- Corrosion & Wear Resistant
- Water Resistant
- By End-Use
- Protective Coatings
- Semiconductors & Electronics
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
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