Key Insights Of Future Prospects Of Waterborne Coatings Market During 2014-2020

The global corrosion protective coatings & acid proof lining market is anticipated to expand at a healthy CAGR during the forecast period. This growth is mainly driven by rising demand from various end-use industries, advancements in coating technologies, strengthening of global economies and low competitive pressure due to fast-growing demands. Other trends driving growth of this market include increasing shift from solvent-borne technology to waterborne technology and increasing investments by key players in developing regions.

Key Insights Of Future Prospects Of Waterborne Coatings Market During 2014-2020

On the basis of technology, the global corrosion protective coatings market is segmented into solvent-borne, waterborne and powder-based. Among these, waterborne technology segment is expected to exhibit the highest CAGR of 5.7% over the forecast period.