Industrial Maintenance Coatings Market Share, Forecast, Overview...

Industrial Maintenance Coatings Market Share, Forecast, Overview and Key Companies Analysis by 2028

Posted 2021-07-16 14:16:28

1027

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 Industrial maintenance coatings market is estimated to reach value of USD 5.23 Billion by 2027, according to a current analysis by Emergen Research.

However, difficulty in achieving thin films of powder coatings is limiting the market for industrial maintenance coatings. Additionally, in water-based coatings, the need for more drying time of the coatings is expected to hamper the demand for the market during the forecast period. Changing environmental regulations for achieving longer sustainability and performance at a low cost are driving the market. The ease in application of the coatings, implementation of stringent environmental regulations, and increased durability of the coatings, is projected to drive the demand for the market during the forecast period. Enhanced efficiency results in cost savings.

The report provides detailed insights into Industrial Maintenance Coatings market trends, industry trends, consumer trends, market size, market share, market revenue growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Industrial Maintenance Coatings market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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The steady Industrial Maintenance Coatings market share growth can be attributed to a variety of factors and trends in the global Industrial Maintenance Coatings market currently. Global Industrial Maintenance Coatings market revenue growth is supported to a significant extent due to rising focus by major players on product/service expansion into new and untapped domestic markets and rising competition in the market. These factors are expected to drive incline in regional Industrial Maintenance Coatings market share growth over the forecast period.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Industrial Maintenance Coatings market share contribution of these countries. In addition, Industrial Maintenance Coatings market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Industrial Maintenance Coatings Market include are:

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

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

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

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In terms of Industrial Maintenance Coatings market share and revenue contribution to the global Industrial Maintenance Coatings market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Industrial Maintenance Coatings market share.

Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Industrial Maintenance Coatings Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Industrial Maintenance Coatings industry

Asia Pacific market share contribution to the global Industrial Maintenance Coatings market is expected to continue to register comparatively faster growth rate than other regional markets between 2020 and 2028. Rapid growth rate of China and India Industrial Maintenance Coatings market share contribution can be attributed to increasing population and disposable income, and steady economic growth, and the trend is expected to continue going ahead.

Steady increase in Europe Industrial Maintenance Coatings market share growth is primarily supported by continuous developments in major countries in the region. Robust focus on research and development initiatives by major firms in countries in the region is also expected to continue to support market share growth of the Europe Industrial Maintenance Coatings market going ahead.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/427

The research provides answers to the following key questions:

What will be the growth rate and the market size of the Industrial Maintenance Coatings industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Industrial Maintenance Coatings market across different regions?
Who are the major driving forces expected to decide the fate of the Industrial Maintenance Coatings industry worldwide?
Who are the prominent market players making a mark in the Industrial Maintenance Coatings market with their winning strategies?
Which Industrial Maintenance Coatings industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Industrial Maintenance Coatings market?

Table of Content

Chapter 1. Methodology & Sources

1.1. Industrial Maintenance Coatings 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. Industrial Maintenance Coatings Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028