Flat Glass Coatings Market is Predicted to Observe a Tremendous Growth, With a CAGR of 20.4% From 2021 To 2028: Grand View Research Inc.

San Francisco, 20 Aug 2021: The Report Flat Glass Coatings Market Size, Share & Trends Analysis Report By Resin (PU, Acrylic), By Technology (Water-based, Nano Coatings), By Application (Solar Power, Automotive & Transportation, Mirror), And Segment Forecasts, 2021 – 2028

The global flat glass coatings market size is expected to reach USD 7.1 billion by 2028, registering a CAGR of 20.4% over the forecast period, according to a new study by Grand View Research, Inc. Rising demand for mirror and glass facades from the commercial and residential sectors coupled with growing product adoption in the automotive & transportation sector is likely to drive the market over the forecast period 

Growing demand for renewable sources of energy and the rising number of solar installations across the globe are likely to increase the adoption of solar panels; thus, augmenting the demand for flat glass coatings. Moreover, favorable government regulations and rising awareness regarding energy scrutiny are anticipated to drive the product demand in architectural applications over the coming years. Countries, such as Italy, the U.K., the U.S., Japan, China, India, and Germany, which are part of the Kyoto Protocol, have been introducing legislation to reduce Greenhouse Gas (GHG) emissions. Such measures across countries are also anticipated to drive the product demand.

The water-based technology segment dominated the global market in 2020 and is anticipated to maintain its dominance over the forecast period. Water-based technology is used widely, owing to its high strength and premium quality. The overall performance of the coating primarily depends on the utilization of raw materials, such as pigments, resins, and additives. However, nano-based technology is expected to ascend at a promising growth rate during the forecast period on account of the growing preference for advanced materials in the manufacturing industry.

The rising need for utilization of sustainable energy & reduction in carbon footprint along with favorable government policies aimed at reducing the consumption of fossil fuel is likely to propel the growth of the solar power sector. The growth in the solar module industry is another major factor driving the product demand in solar projects.

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Flat Glass Coatings Market Report Highlights

• Asia Pacific dominated the global market and is projected to expand further at the fastest CAGR of 21.4% over the forecast period
• Rising investments for infrastructure development and favorable regulations in APAC are the key factors driving the regional market
• China was the leading player on account of its growing automobile industry and increasing government expenditure on infrastructural projects
• Epoxy resins held considerable revenue share on account of their unique properties, such as mechanical strength, high thermal stability, electrical, heat resistance, adhesion, and mechanical resistance
• In October 2016, Vitro, S.A.B. de C.V expanded its coating production capability along with the construction of MSVD glass coater. These coaters are utilized to produce glass, which is performance efficient as well as is energy efficient and is low emissive

List of Key Players of Flat Glass Coatings Market

• Arkema, Inc.
• Fenzi Spa
• Ferro Corp.
• Hesse Gmbh & Co. KG
• The Sherwin-Williams Company
• Vitro S.A.B. De C.V.
• Nippon Paint Holdings Co., Ltd.
• Yantai Jialong Nano Industry Co., Ltd.
• 3M

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Powder Coatings Market Size Is Projected To Reach USD 20.8 Billion By 2028: Grand View Research Inc.

San Francisco, 19 Aug 2021: The Report Powder Coatings Market Size, Share & Trends Analysis Report By Resin (Polyester, Epoxy-polyester), By Application (Consumer Goods, Automotive), By Region (APAC, Europe), And Segment Forecasts, 2021 – 2028

The global powder coatings market size is expected to reach USD 20.8 billion by 2028, registering a CAGR of 7.2% from 2021 to 2028, according to a report by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period primarily owing to the superior properties of powder coatings over conventional paints including high resistance to corrosion and chipping & abrasion, durability, cost-effectiveness, excellent finishing, and reduced processing time.

Growing purchasing power, high living standard, and rapid urbanization are expected to drive the consumer goods sector, thereby driving product demand for use in applications, such as refrigerators, washer tops and lids, air-conditioner cabinets, water heaters, range housings, dishwashers, microwave oven cavities, and freezer cabinets.

Asia Pacific is estimated to register the fastest CAGR of 8.0%, in terms of revenue, over the forecast period. Increasing demand for consumer goods, such as washing machines and refrigerators, in emerging countries like India, China, Vietnam, the Philippines, and Thailand is expected to boost the regional market growth. Growing demand for automotive in emerging economies of Asia Pacific coupled with favorable FDI norms by the governments is expected to facilitate investments in the region.

North America was the third-largest regional market, in terms of revenue, in 2020. The rapid expansion of the automotive industry in the U.S. and concerns regarding VOC emissions released from the coatings used in automobile production are expected to boost the demand for powder coatings.

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Powder Coatings Market Report Highlights

• Epoxy-Polyester (Hybrid) is expected to be the fastest-growing resin type segment during the forecast period
• Consumer goods dominated the application segment in 2020 due to high demand for domestic appliances in emerging countries, such as India, China, Vietnam, the Philippines, and Thailand
• The global market is fragmented. In terms of revenue, the top market players collectively held over 40% of the overall share in 2020
• Key players are striving to gain a higher market share with new product developments and advancements in the manufacturing technology
• However, at present, the pricing structure of market participants is nearly the same and there is not much difference in product attributes

List of Key Players of Powder Coatings Market

• Akzo Nobel N.V
• The Sherwin-Williams Company
• PPG Industries, Inc.
• BASF SE
• DSM
• Valspar
• Arkema S.A.
• Bayer AG

Access Press Release of Powder Coatings Market @ https://www.grandviewresearch.com/press-release/global-powder-coatings-market

Dyes & Pigments Market : All the Insights You’ll ever Need

San Francisco, 12 July 2021: The Report Dyes & Pigments Market Size, Share & Trends Analysis Report By Product (Pigments, Dyes), By Application (Paints & Coatings, Printing Inks, Textiles), By Region (APAC, Europe), And Segment Forecasts, 2021 – 2028

Dyes & Pigments are something that makes any object come to life, it hardly matters what the object is! This positive attribute has made them a very crucial component in several industry types, such as textiles, paper, paints & coatings, printing inks, and leather industry among others. In addition to this, due to growing horizons of real estate and construction, they have observed a ferocious growth. These reasons make it important to know all the insights relate to the market. That’s why we brought you all the market insight deets in a single infographic, Enjoy!

I am very sure, you liked it a lot, because while making it we had lots of fun ourselves. However, you might be having more questions regarding the market, about its market players, and segment wise performances among others. For that, let me give you a parting gift section below, which will put your curiosity to sleep and that too in a peaceful deep sleep.

Access Research Report of Dyes & Pigments Market @ https://www.grandviewresearch.com/industry-analysis/dyes-and-pigments-market

 Some of the important market statistics –

• In terms of revenue, Asia Pacific led the global market in 2020and is estimated to expand at the fastest CAGR of 5.8% from 2021 to 2028
• Increasing product demandfrom the end-use industries, such as textiles, paper, paints & coatings, construction, and printing inks, is likely to drive the APAC regional market in the coming years
• Dyes are expected to be the largest as well as the fastest-growing product segmentfrom 2021 to 2028
• The paints & coatings application segment accounted for the largest revenue share of the pigments market in 2020and is estimated to maintain its dominance over the forecast period
• Rising product demand in various applications, such as automotive and marine, is estimated to support the growth of the paints & coatings segment
• Textiles application segment dominated the dyes market in 2020 with more than 62% revenue shareand is expected to continue its dominance throughout the forecast period

 Access Press Release of Dyes & Pigments Market @ https://www.grandviewresearch.com/press-release/global-dyes-pigments-market

Iron Oxide Pigments Market Expected To Witness A Substantial Growth Of USD 3.1 Billion By 2028: Grand View Research Inc.

San Francisco, 2 June 2021: The Report Iron Oxide Pigments Market Size, Share & Trends Analysis Report By Product (Synthetic, Natural), By Color (Red, Yellow, Black, Blends), By Application (Construction, Coatings, Plastics, Paper), And Segment Forecasts, 2021 – 2028

The global iron oxide pigments market size is expected to reach USD 3.1 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.7% from 2021 to 2028. Iron oxide pigments are widely used in various applications such as construction, coatings, plastics, and paper. The growing construction industry across the globe, notably in the fast-emerging regions including Asia Pacific, is anticipated to fuel the demand for iron oxide pigments over the forecast period.

Red and yellow iron oxide pigments are mixed with concrete for their use in construction applications. Red iron oxide pigments led the market and accounted for more than 42.0% share in terms of revenue in 2020. This is on account of their pure hue, tinting strength, light fastness, and consistent properties. The construction application segment led the market and accounted for more than 45.0% share of the global revenue in 2020.

Synthetic iron oxide pigments emerged as the dominant product segment in 2020 and are anticipated to maintain their lead over the forecast period. The highly stable nature and good strength of synthetic iron oxide pigments are paving the way for their use in various applications, including construction and coatings. In the construction industry, these pigments are used to manufacture pavement blocks, stamped concrete, designer tiles, and colored concrete products among others. Thus, the growing construction industry is anticipated to create ample opportunities for iron oxide pigments in the coming years.

Access Research Report of Iron Oxide Pigments Market @ https://www.grandviewresearch.com/industry-analysis/iron-oxide-pigment-market

Iron Oxide Pigments Market Report Highlights

• Based on product, the synthetic segment led the market and accounted for more than 69.0% share of the global revenue in 2020 owing to its good strength and highly stable nature
• By application, the construction segment held the largest share in 2020 and is anticipated to maintain its lead over the forecast period
• Asia Pacific accounted for the largest share of more than 39.0% in 2020 and is projected to witness significant growth over the forecast period owing to the rapid expansion, especially in China, India, and Southeast Asia

List of Key Players of Iron Oxide Pigments Market

• Huntsman International LLC
• Venator Materials PLC
• Applied Minerals, Inc.
• CATHAY INDUSTRIES
• Lanxess
• BASF SE
• KRONOS Worldwide, Inc.
• Hunan Sanhuan Pigment Co., Ltd.
• Titan Kogyo, Ltd. (Titanium Industry Co., Ltd.)

Access Press Release of Iron Oxide Pigments Market @ https://www.grandviewresearch.com/press-release/global-iron-oxide-pigment-market

Automotive Wrap Films Market is Predicted to Observe a Tremendous Growth, With a CAGR of 22.4% From 2021 To 2028: Grand View Research Inc.

San Francisco, 31 May 2021: The Report Automotive Wrap Films Market Size, Share & Trends Analysis Report By Application (Light-duty, Medium-duty Vehicles), By Region (APAC, North America), And Segment Forecasts, 2021 – 2028

The global automotive wrap films market size is expected to reach USD 19.7 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 22.4% from 2021 to 2028. High product application scope coupled with increasing demand from the light-duty vehicle applications is likely to have a positive impact on the market growth. The market has witnessed advancements, both in terms of technologies and materials, to facilitate low-cost and mass production of the products. This would also lead to flexibility in designs and ease of manufacturing for a wide range of applications including heavy, medium, and light-duty vehicles. Demand for automotive wrap films in Asia Pacific is expected to grow at the fastest CAGR during the forecast period.

The growing automotive industry, rising population, and increasing disposable income levels in the emerging economies of the region are likely to be the primary factors driving the market over the coming years. The rising popularity of color-changing vehicle wraps is further expected to propel the product demand in the region. Rapid industrialization coupled with government initiatives to facilitate various policies in economies, such as India, is projected to drive market growth in the next seven years. The growing population in the region creates huge opportunities for the development of the market over the forecast period. The medium-duty vehicles segment is anticipated to witness considerable growth during the forecast period.

Growing construction, transportation, and industrial sectors are likely to increase sales of heavy-duty vehicles during the forecast period. Increasing demand for vehicle branding coupled with the rising number of heavy-duty vehicle sales in North America is expected to have a positive impact on the market growth in the coming years.

Access Research Report of Automotive Wrap Films Market @ https://www.grandviewresearch.com/industry-analysis/automotive-wrap-film-market

Automotive Wrap Films Market Report Highlights

• The global market was valued at USD 4.0 billion in 2020 and is estimated to grow at a CAGR of 22.4% from 2021 to 2028
• Light-duty vehicles are expected to be the fastest-growing application segment over the forecast period
• North America accounted for the highest revenue share of the global market in 2020 and is estimated to retain the leading position throughout the forecast period
• This growth can be credited to the increasing investments in advanced processing technologies and rapidly expanding manufacturing base in North America
• On the other hand, Asia Pacific is projected to record the fastest CAGR of more than 25% from 2021 to 2028

List of Key Players of Automotive Wrap Films Market

• Avery Dennison Corp.
• Arlon Graphics, LLC
• 3M Company
• Ritrama S.p.A.
• Hexis S.A.
• JMR Graphics, Inc.
• Vvivid Vinyl

Access Press Release of Automotive Wrap Films Market @https://www.grandviewresearch.com/press-release/global-automotive-wrap-films-market

U.S. Concrete Floor Coatings Market Size Is Estimated To Reach USD 420.0 Million By 2028: Grand View Research Inc.

San Francisco, 19 April 2021: The Report U.S. Concrete Floor Coatings Market Size, Share & Trends Analysis Report By Product (Epoxy, Polyurethane), By Application (Commercial, Residential, Industrial), By End User (DIY, Professional), By Division, And Segment Forecasts, 2021 – 2028

The U.S. concrete floor coatings market size is anticipated to reach USD 420.0 million by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 4.3% over the forecast period. Increasing demand for green buildings in the country is expected to drive market growth during the forecast period. Green buildings incorporate the use of eco-friendly and lightweight materials to maintain and improve the indoor air quality and efficiency of energy, water, and other resources. The advent of VOC-free and eco-friendly products is also expected to boost the demand, thereby fueling the overall market growth over the forecast period.

In addition, increasing spending on the commercial sector is further expected to boost the market growth during the forecast period. For instance, in March 2020, the U.S. government announced an investment worth USD 2 trillion as a part of the Covid-19 response for the development of infrastructure including hospital buildings, roads, and other infrastructure. The epoxy product segment is projected to register a CAGR of 3.9% from 2021 to 2028 due to wide product usage in the flooring industry on account of its improved durability and superior toughness. These products are either water-based or solvent-based.

Epoxy floor coatings are widely preferred for garage application for improved appearance and owing to their reasonable price, better resilience to stains & tire marks, and ability to cover minor imperfections, such as flaws and spider cracks on the concrete. Moreover, the rising demand for anti-dusting products is supporting the market growth. In addition, government initiatives to provide affordable housing units are expected to fuel the growth of the residential construction industry. This, in turn, is projected to create product demand over the forecast period. For instance, the Mayor of Atlanta pledged to invest USD 1.0 billion to construct and preserve 20,000 units of affordable housing within the city of Atlanta by 2026.

Access Research Report of U.S. Concrete Floor Coatings Market @ https://www.grandviewresearch.com/industry-analysis/us-concrete-floor-coatings-market

U.S. Concrete Floor Coatings Market Report Highlights

• South division dominated the overall market in 2020, both in terms of revenue and volume, and will retain the leading position throughout the forecast period
• Epoxy was the largest product segment and accounted for a market share of over 40% in 2020 and will witness steady growth over the forecast period
• Properties of epoxy, such as toughness, improved dimensional stability, and superior resistance to abrasion and UV light, are propelling its demand in residential, commercial, and industrial applications
• The commercial application segment is generating the maximum revenue owing to high product demand from restaurants & breweries, supermarkets & retail stores, educational institutions, and other commercial structures
• Key companies in the market are investing in R&D activities to develop innovative products to strengthen their market position
• For example, in September 2020, PPG Industries launched PPG Flooring coatings, which is a comprehensive line of four coating systems that comprise prime coats, base coats, and topcoats
• This product line is designed to provide optimum performance based on the specific work environment

List of Key Players of U.S. Concrete Floor Coatings Market

• The Sherwin-Williams Company
• Henkel AG & Co. KGaA
• PPG Pittsburgh Paints
• Behr Paint Company
• EPMAR Corporation
• Sika Corporation

Access Press Release of U.S. Concrete Floor Coatings Market @ https://www.grandviewresearch.com/press-release/us-concrete-floor-coatings-market-analysis

Dyes & Pigments Market Size Worth $ 51.7 Billion By 2028: Grand View Research Inc.

San Francisco, 16 April 2021: The Report Dyes & Pigments Market Size, Share & Trends Analysis Report By Product (Pigments, Dyes), By Application (Paints & Coatings, Printing Inks, Textiles), By Region (APAC, Europe), And Segment Forecasts, 2021 – 2028

The global dyes and pigments market size is expected to reach USD 51.7 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.1% from 2021 to 2028. The market is projected to witness substantial growth in product consumption on account of high application scope coupled with increasing demand from the textile and paints & coatings application segments. The product demand in the Asia Pacific is expected to grow at the fastest CAGR during the forecast period. The growing construction industry, rapid industrialization & urbanization, and increasing consumer disposable income levels in the emerging economies are the primary factors driving the regional market. Moreover, strong support, various initiatives, and increasing investments by the government are propelling the growth of the construction industry in the region, which, in turn, is anticipated to fuel the product demand.

Increasing utilization of plastics in consumer goods is anticipated to provide a positive scope for market growth over the forecast period. Pigments are added to polymers to obtain the specific colors in plastic products. Its use in plastics depends upon its weatherability and aging, light fastness, warping and nucleation, and transparency. The demand for inorganic pigments is higher than organic in plastics. The organic pigments tend to form clumps owing to their poor dispersion, which further results in spots and specks in the final product. As a result, inorganic pigments are a preferable option as they are easily dispersed. Titanium dioxide is the most commonly used inorganic pigment in the plastics application segment.

Based on product type, reactive and disperse dyes are expected to witness major demand during the projected period. Dyes cover a broad range of applications from textiles to organic LEDs and Liquid Crystal Displays (LCD). Properties, such as enhanced dyeing efficiency, photophysical/photochemical properties, and improved quality to reduce toxicity, are anticipated to propel the growth of reactive and disperse dyes in the next eight years.

Access Research Report of Dyes & Pigments Market @ https://www.grandviewresearch.com/industry-analysis/dyes-and-pigments-market

Dyes & Pigments Market Report Highlights

• In terms of revenue, Asia Pacific led the global market in 2020 and is estimated to expand at the fastest CAGR of 5.8% from 2021 to 2028
• Increasing product demand from the end-use industries, such as textiles, paper, paints & coatings, construction, and printing inks, is likely to drive the APAC regional market in the coming years
• Dyes are expected to be the largest as well as the fastest-growing product segment over the forecast period
• The paints & coatings application segment accounted for the largest revenue share of the pigments market in 2020 and is estimated to maintain its dominance over the forecast period
• Rising product demand in various applications, such as automotive and marine, is estimated to support the growth of the paints & coatings segment
• Textiles application segment dominated the dyes market in 2020 with more than 62% revenue share and is expected to continue its dominance throughout the forecast period

List of Key Players of Dyes & Pigments Market

• BASF SE
• Clariant AG
• DIC Corp.
• Sudarshan Chemical Industries Ltd.
• Atul Ltd.
• Huntsman Corp.
• Kronos Worldwide Inc.
• Lanxess AG
• Kiri Industries Ltd.

Access Press Release of Dyes & Pigments Market @ https://www.grandviewresearch.com/press-release/global-dyes-pigments-market

Optical Coating Market Size Is Estimated To Reach USD 31.4 Billion By 2028: Grand View Research Inc.

San Francisco, 16 April 2021: The Report Optical Coating Market Size, Share & Trends Analysis Report By Product (Reflective, Anti-reflective), By Application (Consumer Electronics, Solar), By Region (APAC, North America), And Segment Forecasts, 2021 – 2028

The global optical coating market size is expected to reach USD 31.4 billion by 2028, registering a CAGR of 9.2% over the forecast period, according to a new study by Grand View Research, Inc. The market is estimated to be driven by the growing smart consumer electronics industry across the globe. Consumer electronic devices include smartphones, tablets, phablets, smartwatches, and smart televisions. Rapid urbanization resulting in changes in consumer lifestyles is expected to create lucrative opportunities for smart consumer electronic devices.

This is projected to lead to increased product utilization as they have a superior optical display and high impact resistance. Asia Pacific is a major market for consumer electronics owing to the presence of a large number of key players. The demand in the region has shifted toward Southeast Asian countries, a trend that is likely to continue over the forecast period. A rising focus on electricity generation through clean sources is also expected to drive product demand. However, the global COVID-19 pandemic is severely affecting the manufacturing industries.

This, in turn, is anticipated to negatively impact the market growth in various applications, such as consumer electronics, automotive, aerospace & defense, solar, and architecture. Moreover, the pandemic led to order cancellations and shipping complications throughout the global industry. The reflective products segment is anticipated to register the fastest CAGR over the forecast period due to the rising usage of these products for roofing applications in the construction industry, as they prevent direct sunlight exposure and reduce overall cooling costs.

There has been a rising demand for both commercial and passenger automobiles in emerging economies like South Africa, Mexico, Brazil, India, and China due to the improving standards of living and population growth. This is projected to benefit the automotive coatings industry, which in turn, is expected to propel the product demand. Furthermore, the increasing need for protection against dust, dirt, UV radiation, and harsh climate is anticipated to drive the product demand in the coming years.

Companies in the market experience fluctuating prices of raw materials, which are driven by factors, such as changes in supplier feedstock costs, inventories, demand and supply factors, and government regulations. Therefore, manufacturers have been focusing on developing technologies for the production of efficient products at low costs. In addition, key players are continuously engaged in the diversification of their existing product portfolio to cater to a large customer base, which ultimately enables a strong foothold in the global market.

Access Research Report of Optical Coating Market @ https://www.grandviewresearch.com/industry-analysis/optical-coatings-industry

Optical Coating Market Report Highlights

• Asia Pacific dominated the global market in 2020, in terms of revenue, and is estimated to expand further at the fastest CAGR from 2021 to 2028
• Anti-reflective was the largest product segment with a revenue share of over 29% in 2020 due to their high demand from the solar industry
• The solar application segment is expected to witness the fastest CAGR over the forecast period
• Rising demand for solar photovoltaic (PV) cells and emphasis on solar energy production, especially in emerging countries like China, India, and Japan, is anticipated to augment the growth of the solar segment
• In April 2020, Alluxa, a U.S.-based optical coatings and filters manufacturer, launched Ultra Series qPCR filter for integration into medical equipment that performs COVID-19 testing of patient samples

List of Key Players of Optical Coating Market

• Alluxa, Inc.
• Cascade Optical Corp.
• Chroma Technology Corp.
• Inrad Optics
• PPG Industries, Inc.
• Schott AG
• Berliner Glas

Access Press Release of Optical Coating Market @ https://www.grandviewresearch.com/press-release/global-optical-coating-market

Paint Protection Film Market Size Is Estimated To Reach USD 428.09 Million By 2028: Grand View Research Inc.

San Francisco, 5 April 2021: The Report Paint Protection Film Market Size, Share & Trends Analysis Report By Application (Aerospace & Defense, Automotive & Transportation), By Region (North America, APAC), And Segment Forecasts, 2021 – 2028

The global paint protection film market size is projected to reach USD 428.09 million by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.4% during the forecast period. Increasing consumer awareness about vehicle paint protection against stone chipping, bug splatters, and abrasions is expected to trigger the demand for Paint Protection Films (PPFs).

On the other hand, ceramic coating technologies are likely to be used as a substitute to these films on account of their superior performance against abrasions and scratches, thus impacting the growth of the market. In addition, frequent discrepancies in raw material pricing as well as declining automotive production in several economies, such as the U.S., Korea, and Japan, are predicted to act as a restraining factor for the market players. However, the rapid growth of other end-use application sectors, such as aerospace & deference and electrical & electronics, is anticipated to provide new opportunities to them.

The global market is highly competitive on account of the easy availability of raw material and the strong presence of several key players with sufficient production capacities. Product sustainability, price, and durability are anticipated to be the key factors impacting the buyers’ decisions. The product is broadly available in retail as well as online platforms. Moreover, its installation necessitates expertise and specially trained employees for optimal results. Therefore, key industry participants are also focusing on after-purchase services. Some players have various established contracts with domestic installers to expand their geographical presence.

Access Research Report of Paint Protection Film Market @ https://www.grandviewresearch.com/industry-analysis/paint-protection-film-market

Paint Protection Film Market Report Highlights

• In 2020, automotive & transportation emerged as the largest application segment and accounted for over 72% of the global revenue share, in which a majority of the product demand is attained from the passenger cars segment due to its superior color protection characteristics
• The aerospace & defense application segment is poised to register the fastest CAGR of 7.8% over the forecast period
• The growth of this segment can be attributed to the increasing investments in the aircraft and defense sectors in China, U.S., and India
• In 2020, the electrical & electronics application segment accounted for 4% of the overall market volume
• This share resulted majorly from the demand for electronic gadgets, such as mobiles, laptops, tablets, and phablets, in emerging economies of Asia Pacific and Central & South America
• In 2020, Asia Pacific was the leading regional market, in terms of volume as well as revenue, due to high product demand
• The regional market will expand further at the fastest CAGR from 2021 to 2028 mainly due to a significant rise in automotive sales in emerging economies, such as China, India, Vietnam, Thailand, and South Korea

List of Key Players of Paint Protection Film (PPF) Market

• KDX Composite Material
• 3M Company
• Eastman Chemical Company
• Premier Protective Films International
• Renolit
• SWM, Inc.
• XPEL, Inc.
• Avery Dennison Corp.

Access Press Release of Paint Protection Film Market @ https://www.grandviewresearch.com/press-release/global-paint-protection-film-market

U.S. Concrete Floor Coatings Market Size Is Poised To Reach USD 420.0 Million By 2028: Grand View Research Inc.

San Francisco, 18 March 2021: The Report U.S. Concrete Floor Coatings Market Size, Share & Trends Analysis Report By Product (Epoxy, Polyurethane), By Application (Commercial, Residential, Industrial), By End User (DIY, Professional), By Division, And Segment Forecasts, 2021 – 2028

The U.S. concrete floor coatings market size is anticipated to reach USD 420.0 million by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 4.3% over the forecast period. Increasing demand for green buildings in the country is expected to drive market growth during the forecast period. Green buildings incorporate the use of eco-friendly and lightweight materials to maintain and improve the indoor air quality and efficiency of energy, water, and other resources. The advent of VOC-free and eco-friendly products is also expected to boost the demand, thereby fueling the overall market growth over the forecast period.

In addition, increasing spending on the commercial sector is further expected to boost the market growth during the forecast period. For instance, in March 2020, the U.S. government announced an investment worth USD 2 trillion as a part of the Covid-19 response for the development of infrastructure including hospital buildings, roads, and other infrastructure. The epoxy product segment is projected to register a CAGR of 3.9% from 2021 to 2028 due to wide product usage in the flooring industry on account of its improved durability and superior toughness. These products are either water-based or solvent-based.

Epoxy floor coatings are widely preferred for garage application for improved appearance and owing to their reasonable price, better resilience to stains & tire marks, and ability to cover minor imperfections, such as flaws and spider cracks on the concrete. Moreover, the rising demand for anti-dusting products is supporting the market growth. In addition, government initiatives to provide affordable housing units are expected to fuel the growth of the residential construction industry. This, in turn, is projected to create product demand over the forecast period. For instance, the Mayor of Atlanta pledged to invest USD 1.0 billion to construct and preserve 20,000 units of affordable housing within the city of Atlanta by 2026.

Access Research Report of U.S. Concrete Floor Coatings Market @ https://www.grandviewresearch.com/industry-analysis/us-concrete-floor-coatings-market

U.S. Concrete Floor Coatings Market Report Highlights

• South division dominated the overall market in 2020, both in terms of revenue and volume, and will retain the leading position throughout the forecast period
• Epoxy was the largest product segment and accounted for a market share of over 40% in 2020 and will witness steady growth over the forecast period
• Properties of epoxy, such as toughness, improved dimensional stability, and superior resistance to abrasion and UV light, are propelling its demand in residential, commercial, and industrial applications
• The commercial application segment is generating the maximum revenue owing to high product demand from restaurants & breweries, supermarkets & retail stores, educational institutions, and other commercial structures
• Key companies in the market are investing in R&D activities to develop innovative products to strengthen their market position
• For example, in September 2020, PPG Industries launched PPG Flooring coatings, which is a comprehensive line of four coating systems that comprise prime coats, base coats, and topcoats
• This product line is designed to provide optimum performance based on the specific work environment

List of Key Players of U.S. Concrete Floor Coatings Market

• The Sherwin-Williams Company
• Henkel AG & Co. KGaA
• PPG Pittsburgh Paints
• Behr Paint Company
• EPMAR Corporation
• Sika Corporation

Access Press Release of U.S. Concrete Floor Coatings Market @ https://www.grandviewresearch.com/press-release/us-concrete-floor-coatings-market-analysis