Sep 13, 2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Pretreatment Coatings Market.
It was estimated prior to this unanticipated outbreak that the Pretreatment Coatings Market was expected to grow at a CAGR of 5.0% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
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Pretreatment Coatings are the materials which come in utilization for reducing corrosion, wear & tear, increasing thermal stability, and for improving their aesthetic appeal.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Based on the end-use type, the market is segmented as aerospace, automotive, general industry, coil industry, cold forming industry, and others industry. The aerospace segment is further divided into commercial aviation and military. Commercial aviation is estimated to account for the major share of the market during the forecast period owing to the rapid adoption of pretreatment coatings for reducing corrosion and increasing the level of safety in commercial aviation industry.
In terms of regions, North America is estimated to be the dominating region of the market during the forecast period. Factors such as increasing disposable income and growing automotive industry owing to the increasing demand for high performance & low maintenance vehicles are expected to fuel the growth of the regional market during the forecast period. Moreover, Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
Key players operating in the global Pretreatment Coatings market are-
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Pretreatment Coatings analysis report discusses the following heads in great detail:
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