customer service software
0

Global Industrial Coatings Market

  • Published Date: 29 Mar 2018
  • Number of Pages: 216
  • Category: Chemicals
  • Country: Global
The industrial coatings can be defined as a covering applied over a surface of varied industrial parts to ensure protection from external environment that could damage the functionality or integrity of an item or part. These coatings are the medium to impart numerous chemical attributes, corrosion resistance, enhanced structure, and augmented durability of the part.
The market for industrial coatings has potential for growth in a number of key markets. The huge demand can be attributed to the ability to meet multiple needs, reducing the requirement for specific substrates or replacing mechanical solutions. Industrial coatings finds it application in architectural, transportation, oil and gas and construction.

Market Dynamics

Major drivers augmenting the demand in the global industrial coatings market are: increased installations pertaining to power sector across the globe, prosperity of construction, aerospace and automotive industries due to growing population and rising disposable incomes , increasing usage for eco-friendly coatings, accelerating demand for end-use specific coating solutions, increased R&D spending on new products, and recent advancements such as the introduction of fluoropolymer topcoats and the emerging field of Nano coatings.

Restraints

Increasing environment concerns due to emissions of harmful VOC from traditional coatings, strict government regulations against the use & disposal ofpetrochemicals and solvent-based coatings are the major drawbacks for this market. The volatile prices of raw materials is also a major restraining factor as most of commercially available industrial coatings are derived from petrochemicals which are subjected to volatile crude oil prices.

Market Segmentation

The various market segments can be derived on the basis of resin, technology and end use industry.

On the Basis of Resin:
--> Polyurethanes
--> Acrylic
--> Polyesters
--> Epoxy
--> Fluoropolymer
--> Alkyd
--> Others

On the Basis of Technology:
--> Water-based
--> Solvent-based
--> High Solids
--> Powder
--> Others

On the Basis of End use industry:
--> Automotive OEM
--> Automotive Refinish
--> General Industrial
--> Rail
--> Coil
--> Protective
--> Packaging
--> Marine
--> Aerospace
--> Transportation
--> Industrial Wood
--> Mining

Regional/Geographic Analysis

North America was the largest consumer of industrial coatings in 2013 and is estimated to lose market share to high growth regions of Asia Pacific except Japan (APEJ) and Middle East & Africa. Asia-Pacific is expected to lead the market and Europe is estimated to be the third largest market. Improving infrastructure along with favourable government initiatives to facilitate FDI flow in countries such as China and India is estimated to drive industrial coatings demand in this region. Future demands are estimated to come from economies such as Brazil, South Africa, U.S., Spain, France and India. The growth of the regional market is expected to be driven further by Russia, where the construction industry has witnessed a boom in recent years, thereby resulting in increased demand for the product.

Key Players

The key players in the market are -

Wacker Chemie AG, AkzoNobel NV, The Sherwin-Williams Co., PPG Industries, Axalta Coating Systems, Arkema SA, BASF Coatings, Kansai Paints, Jotun A/S, RPM International, Hempel A/S, Nippon Paint Holdings

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

Chang Chun Petrochemical Co Ltd (Chang Chun) is a petrochemical manufacturing company. It carries out manufacture and marketing of chemical products.Key SWOT Analysis Review gives extensive knowledge into the organizations

View Report

Global Aliphatic Polyester Polyol market valued USD 5191.1 Million in 2017 and is likely to reach up to USD 7731.5 Million by 2025 with a compounded annual growth of 5.2%

View Report

Abstract: The South America Basic Lead Chromate Anticorrosive Paint market size is $XX million USD in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX

View Report
There is no reviews available for this report

Select License Type

Delivery Details

Delivery Details : Electronic files (PDF) of market research reports will dispatched within 12 to 24 hours. (Mon-Fri IST)

Customized Report

If a particular report is not as per your requirement you can ‎choose "Customized Report". To visit -

Cick Here