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Global Wind Power Coatings Market: Asia Pacific Continues to Dominate Global Revenues

Press release Description

Albany, New York, April 19, 2018: A new research report titled, “Wind Power Coatings Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the report, the global wind power coatings market is likely to grow at a CAGR of over 12% during the assessment period 2017-2025, and reach a valuation of over US$ 1.8 Bn.

The research report studies the global wind power coatings landscape in detail, and offers holistic analysis and insights on the key influencing factors. A thorough analysis on the drivers, restraints, opportunities, and trends impacting the market has been offered for the perusal of the readers. The report also includes a detailed competitive landscape that profiles some of the key market participants in the value chain.

According to the report, among the various available wind power coatings, such as metal, polymer, and ceramic, demand for polymer coatings is likely to remain robust throughout the assessment period. The key factors promoting the demand for polymer coatings in wind power plants include ease of availability and longer lifespan of these coatings.

The demand for wind power coatings is likely to be influenced by broader advances in the wind energy sector. Owing to mounting concerns related to climate change and increasing efforts to harness the natural sources of energy, investments in wind power plants are likely to witness an increase during the assessment period. These factors are likely to provide an impetus to the demand for wind power coatings in the near future.

The research report also offers region-wise analysis and forecast on the global wind power coatings market. According to the report, Asia Pacific continues to be the largest market for wind power coatings globally. The demand for wind power coatings in Asia Pacific is concentrated in China, where the government has prioritized the development of wind energy.

In addition to Asia Pacific, Middle East & Africa (MEA) is also likely to emerge as a lucrative market for wind power coatings during the assessment period. The focus of Middle East governments to shift towards a non-oil based economy is likely to provide an impetus to market growth during the assessment period.

The research report also offers a detailed analysis on the competitive landscape, highlighting the product and business strategies of some of the leading players in the market. According to the report, some of the key market participants include PPG Industries, Inc., 3M Co., Jotun Group, Akzo Nobel N.V., Hempel Fonden, Teknos Group Oy, and The Sherwin-Williams Company.

Browse Full Global Wind Power Coatings Market Report with TOC : https://www.mrrse.com/wind-power-coating-market

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