The Global Industrial Coatings market has also been witnessing increasing demand for water-based industrial coatings. However, the rising cost of raw materials could pose a challenge to the growth of this market.TechNavio's analysts forecast the Global Industrial Coatings market will grow at a CAGR of 4.46 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increased collaboration within the supply chain.
TechNavio's report, Global Industrial Coatings Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, the EMEA region, and the Americas; it also covers the Global Industrial Coatings market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space are AkzoNobel N.V., BASF SE, DuPont, and PPG Industries Inc.