Vancouver, BC -- (SBWire) -- 03/09/2021 --The global Industrial maintenance coatings market is estimated to reach value of USD 5.23 Billion by 2027, according to a current analysis by Emergen Research. Increase in the demand for eco-friendly coatings is driving the market. Rising demand for durable and efficient coatings, with better mechanical properties, along with the need for reduction in regular maintenance, is projected to drive the market during the forecast period.
The global market for industrial maintenance coatings is fairly fragmented, with numerous small- as well as medium-sized manufacturers accounting for a major share of the global market. Manufacturers operating in the market are desegregated across the value chain. Key companies operating in the market are well-equipped with large manufacturing facilities and they are also engaged in various research and development activities.
The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders. Extensive coverage of the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Industrial Maintenance Coatings market for the forecast period from 2020 to 2027.
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Here are the questions we answer...
What are the future opportunities in store for the vendors operating in the Industrial Maintenance Coatings market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Industrial Maintenance Coatings market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Industrial Maintenance Coatings market growth worldwide?
The global Industrial Maintenance Coatings market research is carried out at the different stages of the business lifecycle from the production of a product, cost, launch, application, consumption volume and sale. The research offers valuable insights into the marketplace from the beginning including some sound business plans chalked out by prominent market leaders to establish a strong foothold and expand their products into one that's better than others.
You Can Download Free Sample PDF Copy of Industrial Maintenance Coatings Market at https://www.emergenresearch.com/request-sample/427
Key Highlights of Report
Solvent-based coatings are favored over water-based coatings in humid areas. Solvent-based coatings are used to achieve a higher level of gloss than water-based coatings. They are employed by various end-users such as marine, automotive, oil & gas, aerospace, metal processing, chemical & petrochemical, and power & steam generation industries.
Acrylic resin is available in aqueous and solvent-based systems. These resins are also known for their good oxidative property and UV stability. It offers ideal resistance to extreme environmental conditions and enables rapid setting.
The energy & power segment is likely to continue to expand rapidly during the forecast period, as there exists high demand for industrial maintenance coatings in applications such as flares, chimneys, and storage tanks
The Asia Pacific region held the largest market share in 2019, as it emerged as the largest consumer as well as producer of the industrial maintenance coatings. Presence of several large and small producers of industrial maintenance coatings in the region is contributing to the market in the region.
Key market participants include Jotun A/S, Akzo Nobel N.V., The Sherwin-Williams Company, PPG Industries Inc., Kansai Paint Co., Ltd., Nippon Paint Holdings Co., Ltd., Tikkurila OYJ, RPM International Inc., Hempel A/S, and Axalta Coating Systems, LLC
Technology Outlook (Revenue, USD Billion; 2017–2027)
Water-based
Solvent-based
Powder
100% Solids
Others (UV- and EB-cured Technology)
Resin Type Outlook (Revenue, USD Billion; 2017–2027)
Polyurethane
Epoxy
Acrylic
Alkyd
Others
End-use Industry Outlook (Revenue, USD Billion; 2017–2027)
Energy & Power
Transportation
Metal Processing
Construction
Chemical
Others
Regional Outlook (Revenue: USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
The Industrial Maintenance Coatings report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the market leaders to create premium positioning strategies as well as attract broadest share.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Industrial Maintenance Coatings Market Segmentation & Impact Analysis
Chapter 5. Industrial Maintenance Coatings Market By Application Insights & Trends, Revenue (USD Billion)
Chapter 6. Industrial Maintenance Coatings Market By Platform Insights & Trends Revenue (USD Billion)
Chapter 7. Industrial Maintenance Coatings Market By Component Insights & Trends Revenue (USD Billion)
Chapter 8. Industrial Maintenance Coatings Market By End Users Insights & Trends Revenue (USD Billion)
Chapter 9. Industrial Maintenance Coatings Market Regional Outlook
Continued…
Industrial Maintenance Coatings Market Technology, Product Scope, Demand, Business Scenario, Trends, Share, Applications, Types and Forecasts 2020 – 2027
This report provides detailed historical analysis of global market for Industrial Maintenance Coatings from 2014-2019, and provides extensive market forecasts from 2020-2027 by region/country and subsectors.