Use of Industrial Liquid Coatings Increases in Oil and Gas Industry

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Industrial Liquid Coatings Market

San Francisco, California, October 11, 2018 – The global industrial liquid coatings market is anticipated to see expansion in the near future as the oil and gas industry exhibits strong growth. A report by TMR Research offers a detailed account of how the global industrial liquid coatings market could shape in the coming years. It bears the title “Industrial Liquid Coatings Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028.” The support of government initiatives and improving economic conditions in some developing economies could contribute to the industrial liquid coatings market in some or the other way.

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The boom in the electronics industry and rising construction activities are foretold to create a surge in the growth of the global industrial liquid coatings market. This could be especially evident in Asia Pacific countries such as China. There are also other regions that are projected to push the growth of the global industrial liquid coatings market. For instance, North America could see a rise in the global industrial liquid coatings market due to the presence of a mature industrial sector and a vast oil and gas industry. On the other hand, the U.S. and Canada are making efforts to make the region one of the world’s largest energy pipeline network.

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https://www.tmrresearch.com/industrial-liquid-coatings-market

Some of the leading players of the global industrial liquid coatings market are PPG Industries, Hempel, and Nippon Paint Holdings. The global industrial liquid coatings market features a vast pool of players and a highly competitive nature. Players are envisaged to adopt merger and acquisition and other strategies to secure a strong position in the global industrial liquid coatings market. They could also focus on expanding their product portfolio with a view to hold a position of strength in the global industrial liquid coatings market. For instance, BASF’s global industrial coatings business was acquired by AkzoNobel in December 2016.

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