Press release
Industrial Coatings Market 2019 Global Opportunities, Growing Applications to Benefit Industry, Worldwide Key Manufacturers Players Analysis, Etc | Foreseen till 2022
Industrial Coatings, Industrial Coatings Market
Industrial Coatings Market are: Akzo Nobel N.V, BASF SE, PPG Industries Inc., Valspar, Sherwin-Williams Co. Ltd, DuPont Co, NOROO Paints & Coatings, Asian Paints, Burke Industrial Coatings, Industrial Nanotech Inc., and others.
Industrial Coatings Market Segments:
Industrial Coating Market is segmented on the basis of applications, types, and regions. The type-based segmentation of the market comprises of powder coatings, water-based coatings, and solvent based coatings. Liquid or water-based coatings accounts for major market portion due to low Volatile Organic Compound (VOC) content which will lead to a reduced amount of emission of carbon in the environment.
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The application segment of the market includes marine coatings, automotive OEMS, coil coatings, protective & maintenance coatings, wood coatings packaging coatings, among others. The upsurge in demand for corrosion resistant and fire-resistant coatings from the building & construction sector is likely to increase the demand of industrial coating in the forecasted period. The regions that are included in the industrial coatings market are APAC, North America, Europe and Rest of the World.
Industrial Coatings Market Regional Analysis:
Asia Pacific accounts for largest share of global industrial coatings market. China being a largest producer of paints & coatings demand for industrial coatings on a large scale. Rapid industrializations, favorable government regulations and increase in consumer spending will significantly grow the industrial coatings market in emerging economies such as China, India and Japan. This market in North America is witnessing a constant growth due to stable marine activities, currency fluctuations as a result of uncertainties and lowering price of oil crude. Government of counties like Indonesia, Thailand and Malaysia are increase trade which is supporting industries through tax subsidies, regulations and incentives.
Industrial Coatings Market Competitive Analysis:
Industrial Coatings Market is fragmented with major manufacturer from North America and some few from Asia Pacific region. Major players in market are adopting strategies such as acquisitions, partnerships, expansion and new technology development. Key market participants are acquiring small players in the market in order to tap large market share. Additionally, manufacturer is collaborating with distributors to increase their presence and meet the global demand. Manufacturers are focusing more on high performance coatings by lowering of greenhouse gases along with development of bio-based coatings. Utilizing their international and regional presence, these manufacturers assure their customers with the consistency in product & service quality.
Industrial Coatings Market Overview:
Industrial Coatings Market was valued to be USD 24.2 Billion in 2017 and is expected to reach USD 31.4 Billion by the end of 2022, growing at the CAGR of 3.9 % from 2018 to 2022.
Industrial Coatings Market Table of Content:
1 Executive Summary
2 Scope of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Industrial Coatings Market
Industrial Coatings Market Table of Content to be Continue…...,
Complete List of Tables and Figures @ https://www.marketresearchfuture.com/reports/industrial-coatings-market-2136
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