Due to their high flexibility and elasticity, polyurethane coatings can expand and contract along with the underlying substrate. Simultaneously, the same segment would also showcase the fastest CAGR of 6.8% during the forecast period. However, the surge in the demand for polymer coating in construction and industrial equipment is expected to create lucrative opportunities in the industry.īy type, the polyurethane segment held the largest share in 2021, garnering more than one-fourth of the global polymer coatings market revenue, and is projected to maintain its dominance by 2031. On the other hand, the environmental impact of polymer coatings and their high production costs restrain the market growth to some extent. The rise in industrialization and infrastructure development in emerging economies such as China and India, the increase in government initiatives to promote the development and adoption of polymer coating technologies, and the rise in the demand for energy-efficient buildings drive the growth of the global polymer coatings market. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
The app is available for free download for iPhone, iPad or Android now from iTunes App Store or Google Play by searching Jotun Yachting.OREGON, PORTLAND, USA, / / - According to the report, the global polymer coatings market size was $8.9 billion in 2021 and is anticipated to generate $16.2 billion by 2031, witnessing a CAGR of 6.2% from 2022 to 2031.
Marcus Reynolds, marketing manager at Jotun Yacht said, “We all live in a digital world and expect information and help in an instant yachting and boating is no different, this is why we made the Jotun paint guide digital and interactive, to give the same information as the paper paint guide plus more: The local distributors, videos, technical data, application instructions and more.” The app provides access to a wealth of features and advice to make yacht painting easier, including detailed product information, application advice, how-to videos and the details of local product suppliers. According to Jotun, the app gives yachting professionals all the information they may need to make quick and easy decisions, and will be available to them whenever and wherever needed. The Jotun Yachting Paint Guide is a digital application which is available free for smartphones and tablets. As leading suppliers of marine performance paints and coatings, Jotun has announced the launch of a new yachting app to make boat care and maintenance easier for yacht owners and professionals.
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