July 14, 2022
The global camouflage coating market is expected to reach a market size of USD $1.21 Billion at a revenue CAGR of 28.5 per cent during the forecast period, according to the latest analysis by Emergen Research. This consistent growth in revenue can be attributed to increasing technological advancements in the field of camouflage coating techniques. Th use of nanotechnology and nanomaterials for camouflage and stealth also adds to the growing market dynamics. And the ability of new advanced camouflage coating techniques to resist corrosion, wear and tear, and fouling is attracting customers from various sectors, increasing the customer base.
The global health emergency has brought about unprecedented changes in the global economic scenario, drastically affecting the camouflage coatings market landscape, disrupting its supply chains, and causing volatility in prices and demand for products. This report analyzes the impact of the pandemic on the camouflage coatings industry and highlights its struggling segments. However, the analysts do speculate that the market will regain traction in the post-COVID scenario.
Key Report Highlights:
- In September 2020, AkzoNobel invested 20 million Euros in a powder coatings site in Como, Italy. The purpose of the investment is to strengthen the company’s focus on greener manufacturing.
- In July 2017, Polychem launched a new Camo Collection with 18 camouflage-inspired colors.
- Recently, Hyper Stealth Technologies Pvt. Ltd. (HSTPL) introduced the Adaptive Thermal Camouflage Paint, which intelligently blends itself according to the surroundings.
Global Camouflage Coatings Market Report - Segmental Analysis:
The global Camouflage Coatings business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Camouflage Coatings business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.
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