Anti-Corrosion Coatings Market
A worldwide increase in economic losses caused by structural corrosion has fueled demand for coatings. The need for anticorrosion coatings is primarily driven by causes including the fast growth of the automobile industry. A number of the raw ingredients used to make anticorrosion coatings pose a serious hazard to the environment and public health. The risks have prompted an increase in government regulations, which has slowed the anti-corrosion coatings market growth. It is projected that research and development to create bio-based anticorrosion coatings will present a significant potential opportunity for the industry.
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