$5.4 Billion Worldwide Release Coatings Industry to 2027 - Impact of COVID-19 on the Market

DUBLIN, Dec. 8, 2020 /PRNewswire/ -- The "Release Coatings - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. 

The publisher brings years of research experience to the 6th edition of this report. The 284-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Release Coatings Market to Reach $7.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Release Coatings estimated at US$5.4 Billion in the year 2020, is projected to reach a revised size of US$7.1 Billion by 2027, growing at a CAGR of 4% over the period 2020-2027.

Silicone, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$4.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Silicone segment is readjusted to a revised 3.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 7.2% CAGR

The Release Coatings market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 7.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.

Competitors identified in this market include, among others:

• DowDupont Inc.
• Evonik Industries AG
• Hitac Adhesives and Coatings Inc.
• Mayzo, Inc.
• Momentive Performance Materials, Inc.
• Omnova Solutions, Inc.
• Product Release Europe Limited
• Rayven, Inc.
• Shin-Etsu Chemical Co., Ltd.
• Wacker Chemie AG
  

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Release Coatings Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 44
  

For more information about this report visit https://www.researchandmarkets.com/r/f1fows

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SOURCE Research and Markets