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Showing posts with the label Sol-Gel Market Share

Sol-Gel Market Share 2022 Share Analysis, Business Strategies, Global Industry Challenges and Scope, Growth Drivers, Future Trends Forecast to 2030

  Market Research Future (MRFR) reveals in its latest study that the global sol-gel coatings market is poised to thrive at a robust CAGR of 11.22% during the forecast period 2018 to 2023. MRFR further reveals that the market is estimated to reach a value over USD 3853.5 Mn by 2023 up from USD 2,047.4 Mn in 2017. The tremendous growth witnessed in the transportation sector has boosted the demand for sol-gel coatings as it caters to the need for multi-functional coatings. Furthermore, the adoption of sol-gel coatings for protecting surfaces of aircraft from harsh environmental damage is projected to fuel demand in the market across the projection period. Sol-gel coatings alleviate the maintenance costs of aircrafts, which is likely to have a positive impact on the market expansion. The increasing penetration of electronics and gadgets is expected to catapult the global  sol-gel market Share  on an upward trajectory. The touchscreen segment has captured 15% share of the electronics ma