Plastic Coatings Market | Exactitude Consultancy Reports

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The plastic coatings market is expected to grow at 6.0 % CAGR from 2023 to 2029. It is expected to reach above USD 11.2 billion by 2029 from USD 5.6 billion in 2022.

Plastic Coatings Market Overview:
Plastic coating is the process of dipping or immersing an object in liquid polymers or plastic to apply it to its surface. As a result, a thick plastic finish for aesthetic and protective purposes is produced. This increases the material’s resilience to abrasions, wear, corrosion, and the elements. It increases the tensile strength and service life of a metal object. By offering surfaces for gripping and insulating, plastic coatings provide end users with comfort and protection. Plastic coatings can be created from a variety of substances. As a result, they can be used on practically any surface. Therefore, plastic coatings are especially useful for applications where plain bearings cannot be used. For instance, tribological coatings can be used in places with constrained space and challenging access.

Segment Analysis
The plastic coatings market is segmented based on type, process, end-use industry, and region. By type, the market is bifurcated into polyurethane, acrylic, epoxy, and others. By process, the market is bifurcated into dip coating, spray coating, powder coating, electrophoretic painting, and others. By end-use industry, the market is bifurcated into automotive, aerospace and defense, building and construction, medical, and others.

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