A Closer Look at Composite Coatings: Trends and Opportunities

The composite coatings market was estimated at USD 1.01 billion in 2022 and is likely to grow at a CAGR of 8.07% during 2023-2028 to reach USD 1.6 billion in 2028.

Composite coatings are mainly protective layers that are applied to concrete, steel, or any other substrate material. They are applied for the basic reason of protecting the substrate material from corrosion.