Home / Chemicals / Strippable Coatings Market By Resin Type (Vinyl, Acrylic, Cellulosic, Polyethylene), By Technology (Solvent Based, Water Based, Hot-Melt, Others), By Application (Automotive, Optical Media, Pharmaceutical, Aerospace, Ship Building, Construction, Others) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

Strippable Coatings Market By Resin Type (Vinyl, Acrylic, Cellulosic, Polyethylene), By Technology (Solvent Based, Water Based, Hot-Melt, Others), By Application (Automotive, Optical Media, Pharmaceutical, Aerospace, Ship Building, Construction, Others) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

Published: Jan 2018 | Report Code: 58945-01-18

Strippable coatings also known as peelable coatings. It is a non-flammable, water based coatings which is easily detached from surfaces and discards the use of paint strippers and cleaners. These coatings comprises of water-based acrylic polymers, vapor phase corrosion inhibitors as well as a thixotropic thickener which aids in enhancing barrier, and surface protection properties. These coatings are majorly applied by brush, spray, dip and rolls up where coat layers varies up to a thickness of 2-mils. Strippable coatings find extensive usage on bare metal, painted surfaces, where surface protection and corrosion inhibition are obligatory. Apart from this, strippable coatings witness high demand as compared to conventional coatings owing to strong cohesive feature which eases its removal from the substrate without breaking.

The market is witnessing significant growth owing to growing applications of strippable coatings in protection of metal surfaces at times of shipping and storage. Zero VOC content, ease of application and easy disposability are some of the other significant factors for the market growth. Strippable coating being a specially formulated spray able coatings provides a tough as well as impervious dry film on the surfaces requiring protection from dirt and scratches. Strippable coatings exhibit a cost-effective method of removing particle contaminants from the surface of high quality parts as well as protecting the clean parts from surface damage. Therefore, these coatings witness extensive applications in end-user industries. Rising applications of peelable/strippable coatings in removal of debris and dust from coated lenses, mirrors and other optical surfaces acts as one of the emerging factor for the market growth. Additionally, surging demand of peelable coatings in the decontamination of hazardous and radioactive materials from the optical surfaces further augments the market growth.

However, presence of contaminants (such as grease and oil) in large concentration leads to poor adhesion of coatings to surface, which affects the release of film from surface. Thus, coatings cling to the irregular surfaces after losing its coherence and breaks into pieces on peeling. The aforementioned factor is exhibited to restrain the market growth during the forecast period.

Strippable Coatings Market

Geographically, Asia-Pacific dominated the market and is also projected to grow rapidly during the forecast period due to rapid industrialization as well as flourishing automotive industry, majorly in countries such as Japan, China, Korea and Indonesia. Moreover, this region is also marked by the presence of multiple international and regional vendors, thus leading to the increased production and availability of these coatings. Tax subsidies, incentives and other governmental regulations have diverted original equipment manufacturers (OEMs) focus on countries such as Indonesia, Malaysia, and Thailand for production. However, Europe is expected to be the second largest market for strippable coatings and North America holding the third position majorly due to rising demand for peelable coating in automotive and aerospace industries.

Major key players present in this market include Wacker GmBH, Bemis Company, General Chemical Corporation, DuPont, Cal-West Specialty Coatings, Spraylat International, PPG Industries, Sherwin-Williams, Covestro, Evans Coatings, Kraton Corporation and Holman Paints.  

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offering
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase II-Expert Panel Review
1.3.4. Top Down & Bottom Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Strippable Coatings Market Portraiture
2.1.1. Global Strippable Coatings Market, by Resin Type, 2017
2.1.2. Global Strippable Coatings Market, by Technology, 2017
2.1.3. Global Strippable Coatings Market, by Application, 2017
2.1.4. Global Strippable Coatings Market, by Geography, 2017

Chapter 3. Strippable Coatings Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Key Positioning of Market Players
3.6. Attractive Investment Proposition, by Geography

Chapter 4. Global Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
4.1. Overview
4.1.1. Attractive Investment Proposition: Global Strippable Coatings Market, by Resin Type
4.2. Vinyl
4.3. Acrylic
4.4. Cellulosic
4.5. Polyethylene

Chapter 5. Global Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
5.1. Overview
5.1.1. Attractive Investment Proposition: Global Strippable Coatings Market, by Technology
5.2. Solvent Based
5.3. Water Based
5.4. Hot-Melt
5.5. Others

Chapter 6. Global Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
6.1. Overview
6.1.1. Attractive Investment Proposition: Global Strippable Coatings Market, by Application
6.2. Automotive
6.3. Optical Media
6.4. Pharmaceutical
6.5. Aerospace
6.6. Ship Building
6.7. Construction
6.8. Others

Chapter 7. Global Strippable Coatings Market, by Geography, 2016 – 2026 (Kilotons, US$ Mn)
7.1. Overview
7.2. North America Strippable Coatings Market Analysis, 2016 – 2026
7.2.1. North America Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
7.2.2. North America Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
7.2.3. North America Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
7.2.4. North America Strippable Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
7.2.4.1. U.S.
7.2.4.2. Canada
7.3. Europe Strippable Coatings Market Analysis, 2016 – 2026
7.3.1. Europe Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
7.3.2. Europe Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
7.3.3. Europe Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
7.3.4. Europe Strippable Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
7.3.4.1. U.K.
7.3.4.2. Germany
7.3.4.3. Spain
7.3.4.4. France
7.3.4.5. Rest of Europe
7.4. Asia Pacific Strippable Coatings Market Analysis, 2016 – 2026
7.4.1. Asia Pacific Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
7.4.2. Asia Pacific Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
7.4.3. Asia Pacific Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
7.4.4. Asia Pacific Strippable Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
7.4.4.1. Japan
7.4.4.2. China
7.4.4.3. India
7.4.4.4. Rest of APAC
7.5. Latin America Strippable Coatings Market Analysis, 2016 – 2026
7.5.1. Latin America Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
7.5.2. Latin America Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
7.5.3. Latin America Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
7.5.4. Latin America Strippable Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
7.5.4.1. Brazil
7.5.4.2. Mexico
7.5.4.3. Rest of Latin America
7.6. Middle East & Africa (MEA) Strippable Coatings Market Analysis, 2016 – 2026
7.6.1. Middle East and Africa Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
7.6.2. Middle East and Africa Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
7.6.3. Middle East and Africa Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
7.6.4. Middle East and Africa Strippable Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
7.6.4.1. GCC
7.6.4.2. Rest of MEA

Chapter 8. Company Profiles
8.1. Cal-West Specialty Coatings
8.1.1. Business Description
8.1.2. Financial Information (Subject to data availability)
8.1.3. Product Portfolio
8.1.4. Key Developments
8.2. Covestro
8.2.1. Business Description
8.2.2. Financial Information (Subject to data availability)
8.2.3. Product Portfolio
8.2.4. Key Developments
8.3. DuPont
8.3.1. Business Description
8.3.2. Financial Information (Subject to data availability)
8.3.3. Product Portfolio
8.3.4. Key Developments
8.4. Evans Coatings
8.4.1. Business Description
8.4.2. Financial Information (Subject to data availability)
8.4.3. Product Portfolio
8.4.4. Key Developments
8.5. General Chemical Corporation
8.5.1. Business Description
8.5.2. Financial Information (Subject to data availability)
8.5.3. Product Portfolio
8.5.4. Key Developments
8.6. Holman Paints
8.6.1. Business Description
8.6.2. Financial Information (Subject to data availability)
8.6.3. Product Portfolio
8.6.4. Key Developments
8.7. Kraton Corporation
8.7.1. Business Description
8.7.2. Financial Information (Subject to data availability)
8.7.3. Product Portfolio
8.7.4. Key Developments
8.8. PPG Industries
8.8.1. Business Description
8.8.2. Financial Information (Subject to data availability)
8.8.3. Product Portfolio
8.8.4. Key Developments
8.9. Sherwin-Williams
8.9.1. Business Description
8.9.2. Financial Information (Subject to data availability)
8.9.3. Product Portfolio
8.9.4. Key Developments
8.10. Spraylat International
8.10.1. Business Description
8.10.2. Financial Information (Subject to data availability)
8.10.3. Product Portfolio
8.10.4. Key Developments
8.11. Other Notable Players

List Of Table :

TABLE 1 Global Strippable Coatings Market, by Resin type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 2 Global Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 3 Global Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 4 Global Strippable Coatings Market, by Geography, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 5 North America Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 6 North America Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 7 North America Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 8 North America Strippable Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 9 Europe Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 10 Europe Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 11 Europe Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 12 Europe Strippable Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 13 Asia Pacific Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 14 Asia Pacific Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 15 Asia Pacific Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 16 Asia-Pacific Strippable Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 17 Latin America Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 18 Latin America Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 19 Latin America Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 20 Latin America Strippable Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 21 Middle East and Africa Strippable Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 22 Middle East and Africa Strippable Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 23 Middle East and Africa Strippable Coatings Market, by Application, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 24 Middle East and Africa Strippable Coatings Market, by Region, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 25 Cal-West Specialty Coatings: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 26 Covestro: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 27 DuPont: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 28 Evans Coatings: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 29 General Chemical Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 30 Holman Paints: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 31 Kraton Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 32 PPG Industries: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 33 Sherwin-Williams: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 34 Spraylat International: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

List Of Figures :

FIG. 1 Strippable Coatings: Market Segmentation
FIG. 2 Global Strippable Coatings Market by Resin Type, 2017 (Kilotons, US$ Mn),
FIG. 3 Global Strippable Coatings Market, by Technology, 2017 (Kilotons, US$ Mn)
FIG. 4 Global Strippable Coatings Market, by Application, 2017 (Kilotons, US$ Mn)
FIG. 5 Global Strippable Coatings Market, by Geography, 2017 (Kilotons, US$ Mn)
FIG. 6 Attractive Investment Proposition, by Geography
FIG. 7 Market Competition Landscape, by Key Players, 2017
FIG. 8 Global Strippable Coatings Market Value, by Resin Type, 2017 (Share %)
FIG. 9 Global Vinyl Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 10 Global Acrylic Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 11 Global Cellulosic Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 12 Global Polyethylene Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 13 Global Strippable Coatings Market Share, by Technology, 2017 vs. 2025 (Value %)
FIG. 14 Global Solvent Based Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 15 Global Water Based Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 16 Global Hot-Melt Based Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 17 Global Others Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 18 Global Strippable Coatings Market Share, by Application, 2017 vs. 2025 (Value %)
FIG. 19 Global Strippable Coatings in Automotive Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 20 Global Strippable Coatings in Optical Media Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 21 Global Strippable Coatings in Pharmaceutical Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 22 Global Strippable Coatings in Aerospace Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 23 Global Strippable Coatings in Ship Building Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 24 Global Strippable Coatings in Construction Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 25 Global Strippable Coatings in Others Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 26 Global Strippable Coatings Market, by Geography, 2017 (Value %)
FIG. 27 U.S. Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 28 Canada Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 29 U.K. Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 30 Germany Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 31 Spain Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 32 France Strippable Coatings Market, 2015-2025 (US$ Mn)
FIG. 33 Rest of Europe Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 34 Japan Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 35 China Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 36 India Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 37 Rest of Asia Pacific Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 38 Brazil Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 39 Mexico Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 40 Rest of Latin America Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 41 GCC Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 42 Rest of Middle East and Africa Strippable Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)

On the basis of its resin type, the global strippable coatings market is categorized into following segments:

  • Vinyl
  • Acrylic
  • Cellulosic
  • Polyethylene

Strippable Coatings Market

In 2017, vinyl strippable coatings accounted for the maximum market share and is expected to witness significant growth during the forecast period owing to its rising utilization in protection of precision tools, bright steel, aluminum, enamel surfaces, mirrors, and lenses, etc. The coatings are sprayed in the thickness of 30-40 mils and then dried to form a rubbery film/protective coating. Benefit of using these coatings over its other counterparts is that it requires less drying and curing time and therefore, enhanced as a fast protection method at times of shipment and storage. Other factors such as long life, easy removal and ability to coat at irregular surfaces also drives the market growth. Apart from this, these coatings are also strippable even after years of protective service which also stimulates its application such as in spray booths, aircraft protection, tanks, and ships which in turn further drives the market growth.

Cellulosic strippable coatings is another segment which is projected to exhibit major growth potential during the forecast years. These coatings are designed for hot dip applications to withstand temperature of 177˚C and above and thickness of coating varies from 100 to 200 mils. Rising applications of these coatings in automotive industry for the protection of steel and aluminum parts from corrosion enhances the market growth. Moreover, the presence of mineral oil in these coatings increases its tensile strength and thus, protects the surface from corrosion and keeps the coating strippable for a long period.

On the basis of its technology, the global strippable coatings market is categorized into following segments:

  • Solvent Based
  • Water Based
  • Hot-Melt
  • Others

Strippable Coatings Market

In 2017, water based strippable coatings accounted for the maximum market share and projected to remain dominant throughout the forecast period. Strippable coatings constitute 75% of water with slight presence of other solvents such as pentaerythritol ethoxylate, castor oil and glycol ethers. Water borne strippable coatings are progressively used as environment friendly coatings due to presence of zero volatile organic (VOC) content stated by U.S. and European regulatory agencies. High gloss, better pigmentation, excellent elasticity, resistance of coating film to certain temperature changes are some of the advantages offered by water based strippable coatings which enhance its demand in multiple end-use applications.  Currently, these coatings find extensive usage in applications such as in floors and countertops, as they are highly susceptible to grease, oil and dirt. Waterborne strippable coatings is therefore applied in liquid form where coating gets contaminated with the dirt and removal of these temporary coatings eliminates the contamination, thus, cleaning the surface.

Hot melt coatings are also poised to exhibit significant growth potential in the near future owing to its rising demand for strong, moisture resistant, rust prevention of cutting tools such as gages, blades, and gears during storage. These coatings save time and space and easily removable after 1 to 2 minutes. These coatings are increasingly used for identification of product, enhance product appearance, as well as inventory control which is projected to stimulate the market.

On the basis of its applications, the global strippable coatings market is categorized into following segments:

  • Automotive
  • Food and Beverage
  • Pharmaceutical
  • Aerospace
  • Ship Building
  • Construction
  • Others

Strippable Coatings Market

In 2017, aerospace and defense application dominated the market and is projected to maintain its dominance during the forecast period. This growth is majorly attributed to the rising use of peel able coatings as windshields in helicopter windows, to inhibit the formation of layer of rust and dust during shipping, transit and storage. Industry players such as General Chemical Corporation have designed line of eco-friendly strippable coatings to be utilized in the paint removal of aircraft parts and surfaces. These coatings form a skin-tight protective film around the substrates required during the fabrication, assembly and shipment. Furthermore, rising applications of strippable coatings to protect the metal from harsh chemical milling solutions is another significant factor for market growth.

Automotive and construction application segments exhibit huge market potential over the forecast period. Rising use of strippable coatings to protect automobiles from rock chips, adverse weather conditions and salted roadways is poised to be a significant factor for market growth. Additionally, there is increased use of peel able coatings in construction industry for the protection of glass, aluminum, steel and PVC. Certain new building laws directs the use of low emissivity (low-e glass) glass. Therefore, rising adoption of peel able coatings for the protection of expensive low emissivity glass is a significant factor fueling the market growth.

Based on geographical distribution, the global strippable coatings market is segmented into following regions and countries:-

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Spain
    • France
    • UK
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Rest of Middle East & Africa

 Strippable Coatings Market

Asia-Pacific dominated the market in 2017 and is expected to maintain its dominance in the years to come. Asia-Pacific being a hub of multiple end-user industries such as construction, electronics and automotive and the use of strippable coatings among the aforementioned industries is expected to surge the market growth. Growing trend of partnerships of coating manufacturers with material suppliers, such as with companies manufacturing flooring, glass, and ceramic tiles in order to provide the customers with ready coated product, also boost the product demand. Additionally, rising demand for environment friendly coatings especially, in China, comprising of zero VOC content such as strippable coatings drive the market to a greater extent. Moreover, these coatings improves the life span of end-user products with consumption of less material and energy, acts as another factor driving the market growth. Apart from this, stringent environment regulations over the emission of VOC’s led to implementation of tax on low-solids solvent borne coatings which in turn drive the use of strippable coatings in this region.

Europe and North America are projected to witness moderate growth in the near future. Regulatory scenario among these regions have prompted coating manufacturers to develop sustainable, multi-functional coatings specifically for architectural, furniture, marine, woods and furniture industries.

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