Today: October 17, 2017, 3:07 am
  
Business

Automotive Charging System Market trends estimates high demand by 2024

Automotive Charging System Market trends estimates high demand by 2024
PR-Inside.com: 2017-10-12 18:34:23
Plastic coatings are used in various applications in different sectors such as automotive, oil & gas, building & construction, electronics, aerospace and defense. Some Functional uses of plastic coatings include corrosion inhibition, abrasion resistance, thermal resistance, chemical resistance, UV resistance, lubrication, mechanical property enhancement, surface finish, and esthetics. Implementation of higher number of environmentally-friendly regulations is expected to encourage manufacturers in the coatings industry to opt for water-based plastic coatings.


Get Sample Report: www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_ ..

Plastic coatings can be classified based on their application into architectural coatings, industrial coatings, and special purpose coatings. Architectural coatings account for around 50% share of the global coatings industry. These include consumer paints. Industrial coatings are used at the time of manufacture of products. Special coatings comprise a wide range of functional coatings and can be sub-divided into automotive refinish coatings, industrial maintenance coatings, traffic marking paints, and marine paints. Plastic coatings can be applied to substrates in many ways. These include chemical & electrochemical techniques, spraying, roll-to-roll coating, and spin coating.

Polyurethane, polyester, epoxy, and PTFE are the most widely used plastic coatings. PU coatings are recommended for application on surfaces requiring good wear resistance along with excellent chemical & physical resistance. Epoxy coatings are harder, more durable, and possess higher compression strength than polyurethanes; however, they have lower resistance to abrasion and low freezing temperature. Polyester coatings are widely used to provide wear & tear resistance, water resistance, and chemical resistance to wood. They also possess the fastest curing time. PTFE coatings have high temperature and chemical resistance and low surface energy. Thus, they are ideal materials to be used in ‘non-stick’ applications. Chlorinated rubber coatings are employed in marine environments, as they are resistant to salts, alkalis, mineral oils, moisture, and fungal growth. Various plastics incorporated with carbon particles or metallic particles are used in conductive coatings or EMI shielding. Other applications of plastic coatings include barrier protection, antiglare, super hydrophobicity, anti-contamination, and esthetic finishes.

Increase in demand for plastic coatings in the automotive end-use segment is anticipated to drive the plastic coatings market in the next few years. Europe accounts for significant share of the plastic coatings market due to the rise in demand from automobile manufacturers concentrated in the region. Consumption of protective plastic coatings is high in Asia Pacific primarily due to the prevalence of hot and wet climatic conditions and increase in oil & gas and mining activities in the region. Plastic coatings are predominantly used in China due to the rapid growth of the civil and marine industries in the country. The per capita consumption of plastic coatings in India remains low with only architectural paints being widely used. These factors coupled with renewed focus on industrialization in India under the ‘Make in India’ campaign make plastic coatings one of the most highly attractive growth markets in Asia Pacific. Japan and Taiwan are key players in the plastic coatings market as they are one of the leading manufacturers of electricals and electronics. The outlook of the plastic coatings market in the U.S appears positive, due to the recovery of construction and automobile industries from the economic recession of 2008. In addition, water based coatings are expected to become increasingly used as manufacturers seek solutions to the recent environmental regulations against polluting petroleum based coatings.

Key players operating in the plastic coatings market are Bayer SE, PPG Industries, Eastman, Azko Nobel, Sherwin-Williams, Bayer A.G, Axalta Coating Systems, Kansai Painting Co,. Ltd, Asian Paints, and RPM International Inc.

Request TOC of the Report @ www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_ ..

Press Information
Transparency Market Research
U.S. OFFICE:

State Tower,

90 State Street,

Suite 700,

Albany NY - 12207

United States

Rohit Bhisey
Head Of Marketing
+1-518-618-1030
email
www.transparencymarketresearch.com/


# 599 Words
Related Articles
More From The Author
Plastic Coatings Market to observe high growth [..]
An automobile battery provides sufficient amount of energy to the electrical components in the automobile such as wipers, starting [..]
Teslin Market share will expand till 2024
Teslin is a high performance material which allows to bond with inks, adhesives, coatings and laminating films. Teslin is polyolefin [..]
Heat Shield Market share will expand till [..]
Heat shields, as their name suggests, are designed to shield components against absorbing excessive heat, either by reflecting, dissipating, [..]
E-Coat Market to Record Study Growth by [..]
E-coat or electro-coat is an immersion technique in which electrically charged particles are deposited out of a water suspension in [..]
Calcium Fumarate Market to Record Study Growth [..]
Calcium fumarate is a white crystalline salt of fumaric acid. Calcium fumarate is characterized by its fruity flavor and low [..]
 
More From Business
Winter is Coming So ‘Batten Down the [..]
As the warning from the wildly popular series, Game of Thrones says, “Winter is coming” and it is a good [..]
Cambridge Security Seals Secures Another Patent for [..]
Expanding New York Manufacturer’s Commitment to Research and Development Cited as Key to Technological Advances Pomona, New [..]
EUROCOMMERCIAL IN NEGOTIATIONS TO ACQUIRE PREMIER BRUSSELS' [..]
  Date: 16 October 2017 Release: After close of business of Euronext Amsterdam Please open the following link to read the [..]
Medtronic Care Management Services and American Well [..]
Partnership Focused on Enabling Care for Chronic, Co-Morbid Patients DUBLIN and BOSTON - October 16, 2017 - Medtronic plc (NYSE:MDT) [..]
LogicBio Therapeutics to Present Preclinical Data at [..]
· Company co-founder Professor Adi Barzel, Ph.D., to present new proof-of-concept efficacy data CAMBRIDGE, Massachusetts, Oct. [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.