Market Overview:
The global hard plastic coating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hard plastic coatings from various end-use industries, such as electronics, automotive, and toys. Hard plastic coatings are used to protect products from scratches, abrasion, and other external damages. These coatings also improve the appearance and durability of products. Polystyrene is the most commonly used type of hard plastic coating across different applications owing to its properties such as scratch resistance and chemical resistance.
Product Definition:
A hard plastic coating is a type of paint or sealant that is applied to a surface in order to protect it from damage and corrosion. Hard plastic coatings are typically used on metal surfaces, but they can also be used on other materials such as wood or concrete.
Polystyrene:
Polystyrene or PS is a synthetic material, which is produced by the reaction of styrene and acrylonitrile. It has superior chemical & physical properties such as resistance to acids, alkalis & most solvents along with high strength and rigidity. These properties have made it useful in various end-use industries including packaging, construction, automotive components and electrical & electronics among others.
Polyvinyl Chloride (PVC):
Polyvinyl chloride is a thermoplastic polymer with excellent chemical and mechanical properties. It can be extruded, drawn or blow molded for manufacturing various products such as pipes, cables & wires, films & sheets, toys & games and bottles. PVC is resistant to solvents and has high flexibility making it ideal for applications where durability is a key requirement.
Application Insights:
Electronic products segment emerged as the dominant application and accounted for a revenue share of over 35% in 2017. The growth can be attributed to increasing use of hard plastic coatings in smartphones, laptops, tablets, cameras and other electronic devices. Moreover, rising demand for polycarbonate used in smartphone displays is expected to drive the market over the forecast period.
The motorbike segment is also expected to witness significant growth owing to increased production of motorcycles globally. In India alone, bike manufacturers like Bajaj Auto Ltd have expanded their product portfolio by including two-wheelers under their brand name despite low sales volumes compared with four-wheelers due to high cost associated with them which has hampered market growth considerably there since 2014 till date.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing per capita income in emerging economies such as China, India, Indonesia, Vietnam and Thailand. In addition, rising demand for electronic products along with the growth of automotive industry in Asia Pacific is anticipated to drive product demand over the forecast period.
Europe was valued at USD X billion in 2017 owing to high consumption of hard plastic coating as a result of high application scope across various end-use industries including electrical & electronics and automotive among others which are likely fuel by economic recovery post recession from 2008 – 2009 fiscal year after financial crisis that started in U.S.
Growth Factors:
- Increasing demand from automotive and construction industries
- Growing awareness about the benefits of hard plastic coating among consumers
- Rising investments by key players in research and development activities
- Proliferation of online marketing channels
- Growing popularity of DIY (Do It Yourself) projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Hard Plastic Coating Market Research Report
By Type
Polystyrene, Polyvinyl Chloride (PVC), Polyethylene, Other
By Application
Electronic Products, Motorcycle, Toy, Othe
By Companies
PPG Industries, Eastman, Bayer, Axalta Coating Systems, AkzoNobel, M, Kansai Paints, Valspar, BASF, Wacker Chemie, PPG Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Hard Plastic Coating Market Report Segments:
The global Hard Plastic Coating market is segmented on the basis of:
Types
Polystyrene, Polyvinyl Chloride (PVC), Polyethylene, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic Products, Motorcycle, Toy, Othe
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PPG Industries
- Eastman
- Bayer
- Axalta Coating Systems
- AkzoNobel
- M
- Kansai Paints
- Valspar
- BASF
- Wacker Chemie
- PPG Industries
Highlights of The Hard Plastic Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polystyrene
- Polyvinyl Chloride (PVC)
- Polyethylene
- Other
- By Application:
- Electronic Products
- Motorcycle
- Toy
- Othe
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hard Plastic Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hard plastic coating is a type of protective finish that is applied to the exterior of hard, durable objects such as tools, toys and sporting equipment. The coating helps to resist scratches and other damage from everyday use.
Some of the major companies in the hard plastic coating market are PPG Industries, Eastman, Bayer, Axalta Coating Systems, AkzoNobel, M, Kansai Paints, Valspar, BASF, Wacker Chemie, PPG Industries.
The hard plastic coating market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hard Plastic Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hard Plastic Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hard Plastic Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hard Plastic Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hard Plastic Coating Market Size & Forecast, 2020-2028
4.5.1 Hard Plastic Coating Market Size and Y-o-Y Growth
4.5.2 Hard Plastic Coating Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polystyrene
5.2.2 Polyvinyl Chloride (PVC)
5.2.3 Polyethylene
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronic Products
6.2.2 Motorcycle
6.2.3 Toy
6.2.4 Othe
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hard Plastic Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hard Plastic Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polystyrene
9.6.2 Polyvinyl Chloride (PVC)
9.6.3 Polyethylene
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronic Products
9.10.2 Motorcycle
9.10.3 Toy
9.10.4 Othe
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polystyrene
10.6.2 Polyvinyl Chloride (PVC)
10.6.3 Polyethylene
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronic Products
10.10.2 Motorcycle
10.10.3 Toy
10.10.4 Othe
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polystyrene
11.6.2 Polyvinyl Chloride (PVC)
11.6.3 Polyethylene
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronic Products
11.10.2 Motorcycle
11.10.3 Toy
11.10.4 Othe
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polystyrene
12.6.2 Polyvinyl Chloride (PVC)
12.6.3 Polyethylene
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronic Products
12.10.2 Motorcycle
12.10.3 Toy
12.10.4 Othe
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polystyrene
13.6.2 Polyvinyl Chloride (PVC)
13.6.3 Polyethylene
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronic Products
13.10.2 Motorcycle
13.10.3 Toy
13.10.4 Othe
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hard Plastic Coating Market: Competitive Dashboard
14.2 Global Hard Plastic Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PPG Industries
14.3.2 Eastman
14.3.3 Bayer
14.3.4 Axalta Coating Systems
14.3.5 AkzoNobel
14.3.6 M
14.3.7 Kansai Paints
14.3.8 Valspar
14.3.9 BASF
14.3.10 Wacker Chemie
14.3.11 PPG Industries
