“Tesla is setting up a new factory in China to expand its market share in this geography, with the promotion of model 3 and model y in this market. This is expected to increase the demand for lithium-ion battery, which would infuse growth in the Battery Packaging market.
Paint is any liquid mixture that converts into solid film after it is applied to a surface in a thin layer. A coating is a covering that is applied to a surface for decorative and protective purposes. It includes all organic and inorganic coatings such as enamels, varnishes, emulsions, and bituminous coatings. The word “coating” may be used broadly to refer to any colored or clear product, and the word “paint” is used to describe a pigmented product with an organic or inorganic binder.
The term engineering plastics usually refers to thermoplastic materials (polymers that are pliable or moldable above a specific temperature, and upon cooling gets back to a solid state) rather than thermosetting ones (polymers that are irreversibly cured).