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Industrial Liquid Coatings Market Growth Analysis 2025 By Top Players - RPM International Inc., Axalta Coatings Systems, Baril Coatings, Akzo Nobel, Hempel, Nippon Paints

12-01-2018 05:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

/ PR Agency: Industrial Liquid Coatings
Industrial Liquid Coatings

Industrial Liquid Coatings

MarketStudyReport.com Adds New Industrial Liquid Coatings Market 2018 – 2025 research report providing information and data By Resin, By Product, By Application, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 370 Pages with table and figures in it.

North America market will experience a CAGR of over 6.5% from 2018 to 2025 due to the presence of extensive general industrial sector in the region. Also, the region has the largest network of oil & gas transmission pipelines combining both U.S. and Canada. Upliftment of ban on U.S. for crude oil export results in expansion of pipeline network in region, driving the growth of product market positively in coming years.

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Growth in general industrial sector across Asia Pacific will augment the demand for industrial liquid coatings in near future. The product is used in coating different equipment and components in end-user industries including food & beverage, electronics, petrochemical & refineries, pharmaceutical and general manufacturing. Legislative amendments done by emerging economies to boost manufacturing sector along with easy availability of skilled labor at low cost are the prime reasons that Asia Pacific is now a manufacturing hub and contributes about 40% of world’s output. Rising demand for commodities and ease of raw material availability made the region a preferred choice of various global players driving the product market demand in positive manner over the forecast time spell.

Based on resin acrylics will witness an annual growth rate of about 4.5% from 2018 to 2025. Product properties such as resistance to moisture, UV rays, chemicals and rust makes it ideal to be used over aluminium and steel. Acrylic coatings have end use applications on piping, steel structures, machineries, power plant equipment., etc.

Industrial Liquid Coatings Market will surpass USD 70 billion by 2025; according to a new research report. Growth in oil & gas industry around the world is a major factor prompting the growth of industrial liquid coatings market positively in coming years. The product is extensively used on oil & gas pipelines and equipment involved in exploration and drilling activities. It provides them resistance from corrosion, harmful oils, gases, acids, extreme weather conditions, etc. Rising crude oil prices along with advent of cost effective drilling & exploration techniques has given boost to the upstream and midstream sectors across the globe. New administrations of developed economies such as the U.S. are focusing on expanding their oil & gas industry to become energy self-sufficient. It is also expected that the North America region will add highest pipeline length of around 60 thousand kilometers by 2021. This will subsequently propel product market demand over the forecast timespan.

Based on product e- coats (electrocoats) will show a decent growth rate of over 5% over the forecast period. The product provides superior corrosion protection and reliable mechanical strength to substrates such as aluminium, galvanized steel, magnesium, cold rolled and hot rolled steel. These are extensively used in construction, agricultural & earthmoving equipments, manufacturing industries, etc.

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The market is highly fragmented with the presence of small, medium and large players across the globe. Some of the major industrial liquid coatings market players include RPM International Inc., Axalta Coatings Systems, Baril Coatings, Akzo Nobel, Hempel and Nippon Paints.

Table of Content:

Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Industrial Liquid Coatings Industry Insights
Chapter 4. Industrial Liquid Coatings Market, By Resin
Chapter 5. Industrial Liquid Coatings Market, Product By Application
Chapter 6. Industrial Liquid Coatings Market, By Application
Chapter 7. Industrial Liquid Coatings Market, By Region
Chapter 8. Company Profiles

For More Details on this Report At: https://www.marketstudyreport.com/reports/industrial-liquid-coatings-market

Related Report:

Global Manufacturing (OEM) Coatings Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

This report focuses on the Manufacturing (OEM) Coatings in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

https://www.marketstudyreport.com/reports/global-manufacturing-oem-coatings-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=RR-PSR

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