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【English Market Research Report】Global Market for Corrosion Protection Coatings

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The global market size for corrosion protection coatings is projected to grow from 10.4 billion USD in 2023 to 12.4 billion USD by 2028, with a CAGR of 3.5% from 2023 to 2028. Challenges related to the corrosion protection coatings market include intensified competition with domestic companies in various countries. Domestic companies are gradually trying to gain an advantage by strengthening their research and development (R&D) initiatives and focusing on limited regions. They are identifying the needs and demands of regional markets and meeting them with specialized products for specific applications.

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