European Coatings Journal - 17.05.2022 | José Bottino | CORROSION PROTECTION MARKET REPORT

SUBSTANTIAL CHANGES

The Covid-19 pandemic caused strong declines in the protective coatings market for most regions with the exception of Asia-Pacific which was estimated to have grown by 3.2 %. China, which accounts for the majority of the protective coatings market managed to grow in 2020, positively influencing the overall market. Nonetheless, IRL estimated that sales in the Middle East & Africa declined by -7 %, in Europe sales declined by -7.1 % and in the Americas sales declined by -8.9 % with the overall market growing in volume by 1.5 % (Table 1) . The market value however experienced a ...
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