Benefit from the nanotechnology, display technology and the development of biotechnology, optical coatings market is expected to reach $ 7.4 billion in 2012.
The industry for automotive OEM coatings is responsible for a vibrant competitive scenario along with a robust market presence in the various region of the world. In particular, the Asia-Pacific region appears more lucrative than the other geographies.
The global market share of metal powder coatings is expanding. The global powder coatings market reached $ 3.94 billion in 1999. It is $ 5.88 billion in 2005. Powder coatings remain strong in growth.
Because that VOC (volatile organic compounds) emissions are close to zero, it is in line with environmental requirements, product cost, efficiency and safety of coating are excellent.