Industrial Coatings Market to Witness Huge Growth by Key Players: The Sherwin-Williams Company, Akzo Nobel N.V, Nippon Paint Holdings Co ltd, PPG Industries Inc, Axalta Coating Systems and Others.

According to Market Study Report, Industrial Coatings Market provides a comprehensive analysis of the Industrial Coatings Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Industrial Coatings Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Industrial Coatings Market size is expected to grow from USD 85.2 Billion in 2020 to USD 103.2 Billion by 2025, at a CAGR of 3.9% during the forecast period.

Top Companies Profiled in the Industrial Coatings Market:
• The Sherwin-Williams Company (US)
• Akzo Nobel N.V. (Netherlands)
• Nippon Paint Holdings Co. Ltd. (Japan)
• PPG Industries Inc. (US)
• Jotun A/S (Norway)
• Axalta Coating Systems (US)
• RPM International Inc. (US)
• Hempel A/S (Denmark)
• Tikkurila Oyj (Finland)
• NOROO Paint & Coatings Co Ltd (South Korea)
• Kansai Paint Co. Ltd. (Japan)
• WEILBURGER Coatings GmbH (Germany)
• The Chemours Company (US)
• Teknos Group (Finland)

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“Acrylic is projected to be the fastest growing resin chemistry during the forecast period.”
Acrylic resin-based industrial coatings have high demand, especially in the automotive industry, owing to stringent environmental regulations and the high corrosion resistance of these coatings. Apart from automotive, consumer appliances is the major end-use industry of these coatings.

“Powder-based industrial coatings are expected to be the fastest-growing technology during the forecast period”
Powder-based industrial coatings are highly efficient with over 98% powder over spray recover ability, more resistant to chipping, scratching, fading, and wearing than other finishes. This process releases negligible VOC into the environment and takes less cure time beyond the cool-down period.

Breakdown of primary participants’ profile:
• By Company type: Tier 1 – 42%, Tier 2 – 25%, and Others – 33%
• By Designation: C Level – 36%, Director Level – 19%, and Others – 45%
• By Region: Europe – 42%, North America – 25%, APAC – 17%, South America – 8%, and the Middle East & Africa – 8%

Competitive Landscape of Industrial Coatings Market:
1 Introduction
2 Competitive Leadership Mapping, 2019
2.1 Visionary Leaders
2.2 Innovators
2.3 Emerging Companies
2.4 Dynamic Differentiators
3 Competitive Scenario
3.1 Expansion
3.2 Acquisition
3.3 New Product Launch
3.4 Joint Venture

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Reason to access this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the over all industrial coatings market and the sub segments. This report will also help them understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.

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This release was published on openPR.