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【English Market Research Report】Global Market for Floor Coatings

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The global market size for floor coatings is expected to increase at a CAGR of 5.9% during the forecast period, reaching 5 billion USD by 2030. In 2022, the market volume reached 1,086.32 kilotons, achieving a growth of 4.9% (from 2019 to 2022). Furthermore, parking areas within automotive facilities, such as manufacturing plants and showrooms, need protection from corrosion caused by vehicle traffic and exposure to the elements. Corrosion-resistant coatings contribute to extending the lifespan of parking area surfaces. Therefore, the increase in adoption within the automotive sector is a crucial factor in driving market growth.

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[English Market Research Report] Global Market for Industrial Coatings

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The global market size for industrial coatings was valued at 95.5 billion USD in 2022 and is expected to grow from 99.13 billion USD in 2023 to 133.59 billion USD by 2031, with a projected CAGR of 3.8% during the forecast period (2024-2031). Industrial coatings are protective layers applied to substrates such as metal, concrete, and wood, providing defense against corrosion, wear, and chemicals. They come in various forms, including liquids, powders, and pretreatments, and are applied using methods such as spraying, dipping, and roll coating. Advances in technology are driving the demand for environmentally friendly alternatives and high-performance coatings with properties such as durability, weather resistance, and UV protection, further propelling the expansion of the global industrial coatings market.

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