The global protective coatings market is witnessing steady growth due to increasing industrial activities and the need to protect surfaces from corrosion, wear and tear, and environmental degradation. The demand for protective coatings is driven by sectors such as construction, automotive, aerospace, marine, and oil & gas, which rely heavily on these coatings to enhance the lifespan and performance of their assets. Polyurethane coatings remain a popular choice due to their durability and versatility, making them suitable for a wide range of applications. Epoxy coatings are valued for their adhesion and chemical resistance, while acrylic coatings offer good weatherability and UV protection. Alkyd coatings are known for their fast-drying properties and glossy finish, making them ideal for certain applications.
