Global Lacquer Market Estimated to Record Highest CAGR by 2018 to 2028
Verfasser: ashwani_kailiya on Tuesday, 28 May 2019The purpose of this rich study presented by FactMR is to elaborate the various market projections impacting the global lacquer market during the period until 2028. This assessment delivers high-end statistics concerning market size, Y-o-Y growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about growth trends along with opportunities that are expected to reshape the overall structure of the lacquer market during the forecast period.
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The lacquer market continues to be in a transformative phase, as solvent-based lacquers give way to water-based variants. The shift has been induced by a range of factors, however, stringent regulations and carbon consciousness among end-users are the prominent factors. Although solvent-based lacquers still account for a significant revenue share of the market, demand for water-based lacquers is also growing at a steady pace.