Industrial coatings are the coatings or paints that are popular for their protective property instead of its usual aesthetic characteristics, irrespective of the fact that it can efficiently offer both properties. Industrial coatings are more widely used for corrosion control of concrete and steel. They have coverage on wide range of multiple applications in coating industry with several variant requirements and functionalities. Some of the common industries, where industrial coatings are more popularly used comprise aircraft and aerospace coatings and automotive and vehicle refinish. As mentioned above, most industrial coatings are used for corrosion purpose, but they belong to the complex umbrella and are used in multiple areas.
Major Key Players of the Industrial Coatings Market are:
BASF SE, Akzo Nobel N.V., Jotun A/S, Axalta Coating Systems, LLC, Nippon Paint Holdings, Hempel A/S, PPG Industries Inc., The Chemours Company FC, LLC, The Sherwin-Williams Company, and Henkel among others.
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The demand for green coatings is also gaining traction. Green coatings are eco-friendly paint coatings with low volatile organic compound (VOC) content. Emission of volatile organic compounds release pollutants in the surrounding air causing health problems such as dizziness, headache, kidney damage, and also harms the ozone layer. The development of sustainable products has gained importance over the past few decades due to which manufacturers are focused on introducing eco-friendly products in the market. Manufacturers are aiming to produce high-performance coatings that have zero or low VOC with good durability
The applications of industrial coatings in a broad spectrum of applications, such as general industrial, automotive & transportation, aerospace, marine, wood, and packaging, is one of the primary factors that is driving the market growth of industrial coatings. The growing demand for environment-friendly coatings owing to stringent Volatile Organic Compound (VOC) norms in different countries will also play a significant role in boosting the overall market growth. Similarly, the high demands for nano-coatings, self-cleaning coatings, and self-healing coatings during recent times will fuel the market growth notably during the forecast period. Moreover, high demand from the Asia Pacific region will also be a key growth contributor. The ever-increasing need for industrial coatings with better durability and improved aesthetics will present new growth opportunities to new & established market players.
On the downside, stringent VOC regulations are enforced by regulatory authorities such as the Occupational Safety and Health Administration (OSHA), the Environmental Protection Agency (EPA), and the California Air Resource Board (CARB). These regulations curtail the manufacture of industrial coatings that contribute extensively to the formation of ozone. Furthermore, there are technological challenges involved when it comes to meeting the customers’ exact demands. These are some of the primary factors that are curbing market growth to a certain extent.
Major Technology of Industrial Coatings Market covered are:
Major Applications of Industrial Coatings Market covered are:
Automotive & Transportation
– To study and analyze the global Industrial Coatings consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Industrial Coatings market by identifying its various sub-segments.
– Focuses on the key global Industrial Coatings manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Industrial Coatings with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Industrial Coatings Market Size
2.2 Industrial Coatings Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Industrial Coatings Market Size by Manufacturers
3.2 Industrial Coatings Key Players Head office and Area Served
3.3 Key Players Industrial Coatings Product/Solution/Service
3.4 Date of Enter into Industrial Coatings Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Industrial Coatings Sales by Product
4.2 Global Industrial Coatings Revenue by Product
4.3 Industrial Coatings Price by Product
5 Breakdown Data by End User
5.2 Global Industrial Coatings Breakdown Data by End User
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In the end, Industrial Coatings industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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Craig Francis (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 (206) 317 1218 [email protected]
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218