2K Protective Coatings Market Segmentation:
Resin Type Segment Analysis
The global 2K protective coatings market is segmented and analyzed resin type into epoxy, polyurethane, alkyd, and acrylic. Out of the these, the polyurethane segment is estimated to gain the largest market share over the projected time frame. For instance, in 2020, the polyurethane segment accounted for the greatest market share globally, according to research. This is a result of their benefits, which include lengthy durability, greater gloss, color retention, and abrasion resistance. The market is also growing as a result of the expanding usage of 2K polyurethane in the petrochemical industry for heavy-duty use on buildings, as well as in the automotive industry for automobiles, ships, and aircraft.
End-user Segment Analysis
Furthermore, the global 2K protective coatings market is also segmented and analyzed for demand and supply by end-use industry into petrochemical, marine, power generation, water, and waste treatment, cargo container and oil & gas, and civil building and infrastructure. The civil building and infrastructure segment is anticipated to grow at the fastest rate over the projection period. It is frequently used for wall and floor coatings on civil and commercial structures owing to its durability, aesthetically pleasing performance, and protection against corrosion, abrasion, high temperatures, and fire. Additionally, there has been an increasing use of architectural coatings as high-performance architectural coatings (HiPAC), which is a type of 2k protective coating, in a range of applications, including offices, showrooms, warehouses, supermarkets, schools, industrial workshops, and others. The market for 2K protective coatings is dominated by the infrastructure sector worldwide. In the forecast period, it is predicted to reach a value of USD 6,120 million globally.
Our in-depth analysis of the global market includes the following segments:
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By Resin Type |
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By Application |
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By End Use Industry |
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