(EnergyIndustry.Net, December 29, 2018 ) Global Organic Coatings Market valued approximately USD XXX billion in 2016 is forecasted to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The market growth is primarily attributed to rising environmental concerns and increasing demand for green materials. The sustainable nature of organic coatings has led to increased adoption across end-user industries such as automotive and building & construction. Apart from being an eco-friendly substitute of Inorganic Coatings, organic Coatings offer several benefits over the inorganic coatings such as cost effectiveness, longer sustainability in moisture, and so on. However, the lower heat resistance of organic coatings is expected to pose as a restraint for the market growth. The regional analysis of Global Organic Coatings Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: