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Showing posts with the label multifunctional coatings market size

Multifunctional Coating Market - Forecast(2022 - 2027)

Though multi-functional coating is a nascent market, it has high growth and revenue potential in near future. This type of coating is gaining high popularity in the commercial market with high penetration in variety of applications. Multi-functional coating market has opened several new opportunities for market players with large percent of addressable market, attributed to the huge investments in R&D programs and production of viable materials. Multi-functional coating is estimated to completely transform today’s conventional coating. This coating has application in several wealthy industries including automotive, aerospace, defense, construction, architecture, healthcare, and industrial. The high rate of penetration of multi-functional coating in all these industries is the major attribute for the growth of this market. Automotive industry is highly acceptable and adaptable to new and innovative technologies. Multi-functional coating also has high rate of penetration in this ind...