According to a report released by Kenneth Research this month, the global anti-corrosion coatings market is expected to reach $37.5 billion in value by 2025, and to continue growing at a compounded annual rate of 5.25%. But, as those in the industry know, that growth hasn’t come without significant challenges.
Although we’ve nearly turned the corner on Covid-19, it had a major impact on the coatings market and those operating within it. The good news is that while the decline in business was swift, the recovery has also been sharp.