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Description
The Asia Pacific specialty coatings market estimated to be valued USD 80.621 Mn in 2021 and poised to grow at significant CAGR of 5.6% over 2022-2028. Asia Pacific specialty coatings market report gives comprehensive outlook on specialty coatings market across the region with special emphasis on key countries of Asia Pacific such as India, China, Japan, ASEAN, and rest of Asia Pacific. The report on market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application type and countries. This report studies market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in market activities. Based on application, the market is segmented into automotive, electrical & electronics, consumer products, building & construction, healthcare & medical, oil & gas and energy, and others. Automotive & transportation emerged as the leading application segment with demand share exceeding XX% in 2015. Increasing demand for light weight vehicles on account of existing and proposed stringent governmental regulations regarding automotive pollution along with growing need for fuel-efficient vehicles is expected to drive this segment over the forecast period
