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Anti-corrosion Coatings Market To Eyewitness Massive Growth By 2027

Anti-corrosion Coatings Market To Eyewitness Massive Growth By 2027

Submitted by • March 11, 2020 on.mktw.net

Anti-corrosion coatings protect the material from degradation due to physical contact or exposure to air, water, and chemicals. The coating acts as a barrier or sacrificial material. The advantages of corrosion coatings include increased lifespan, and reduced operating costs. It also imparts various beneficial properties such as increased gloss or color appearance, durability, increased hardness, increased durability, and abrasion protection. Corrosion can lead to increased monetary losses in the form of repair costs, cleanup costs and loss of revenue due to non-productive time. The cost incurred due to corrosion globally is US$ 2.2 trillion, which is over 3% of the world’s GDP and more than the GDP of India alone.

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