Abrasion Resistant Coatings Market is Projected to Reach $11.1 Billion, at a CAGR of 6.5% - Global Forecast to 2024
The global Abrasion Resistant Coatings Market size of abrasion resistant coatings is projected to grow from $8.0 Billion in 2019 to $11.1 Billion by 2024, at a CAGR of 6.5% during the forecast period. The major driving factors for the market are stringent EU and US regulations regarding VOC emissions. The other significant drivers include the enhanced properties of abrasion resistant coatings such as fast curing time and high temperature resistance. The demand for abrasion resistant coatings is increasing from developing economies such as China, India, and Indonesia. Download PDF Brochure Polymer is the largest segment of the abrasion resistant coatings market, by type. Polymer-based abrasion resistant coatings are classified into epoxy, polyurethane, polyester and fluoropolymer coatings. They can be applied to metals, ceramics as well as synthetic materials and are able to resist temperature up to 536°F. They are widely used in general industrial and manufacturing applic