Industrial Coatings Market Analysis on Size, Share, Trends, Growth & Forecast Report | 2020 - 2027

The market for industrial coatings is estimated to grow from USD 85.2 billion in 2020 to USD 107.2 billion by 2027, at a CAGR of 3.9 % during the forecast period. Rising demand from the general industry is significantly driving the market. Industrial coating is widely used in various end users including general industrial, automotive and vehicle refinish, electronics, aerospace, oil and gas, mining, marine, and power generation. Properties such as chemical resistance, water resistance, flexibility, impact resistance, abrasion resistance, and UV light resistance are fuelling the demand of industrial coatings in various technologies such as concrete, steel, floor, wall, roofs, and other industrial materials. In addition, rising demand for environmentally friendly coatings owing to the rising environmental concern and strict VOC norms are driving the demand for water and powder-based industrial coatings.

Powder coatings offer excellent flow properties, reduced edge build-ups, and consistent distribution of the raw materials throughout the powder mixtures. They can be used in decorative, protective, and optical coatings. However, powder coatings produce a thick finish on metal products. It is difficult to produce thin finishes using conventional powder coatings as the thickening of the polymer can lead to the formation of an uneven texture. A successful thin-film technology involves the correlation between colour and opacity of pigmentation of powder coatings. Polyurethane resin is preferable for obtaining thin films because of its flow and physical properties and lower costs.

Get PDF Sample of Industrial Coatings Market Report @ https://www.envisageresearch.com/sample/EMR100544/

The Top Key Players include:
Akzonobel
PPG
Sherwin-Williams
Axalta Coating
Jotun
Nippon Paint
Kansai Paints
RPM International
Valspar
Tikkurila
Hempel
BASF

On the Basis of Type:
Polyurethanes
Acrylic
Polyesters
Epoxy
Fluoropolymer
Alkyd
Others

On the Basis of Application:
Automotive
Packaging
Marine
Aerospace
Industrial Wood
Others

On the Basis of Region:
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa (MEA)

Browse Industrial Coatings Market Report with Toc @ https://www.envisageresearch.com/reports/industrial-coatings-market/

The Industrial Coatings market in APAC is expected to hold a major market share during the forecast period as countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities wherein automation of manufacturing processes has been taken as the highest priority. Also, strong competition among consumer electronics companies in APAC is likely to boost the adoption of machine vision systems in the region. The growing awareness about and demand for high-quality and zero-defect products has fuelled the need for Industrial Coatings in inspection-related applications in the manufacturing fields.
However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighbouring countries are linked to one another through trade relations and supply chain the entire region is affected with the outbreak of COVID-19 which will have a significant impact on the said market in this region for the forecast period.

TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Industrial Coatings Market
Chapter 5. Global Industrial Coatings Market Overview, By Application, 2015 - 2027(USD Million)
Chapter 6. Global Industrial Coatings Market Overview, By Distribution Channel, 2015 - 2027(USD Million)
Chapter 7. Global Industrial Coatings Market Overview, By Geography, 2015 - 2027(USD Million)
Chapter 8. North America Industrial Coatings Market Overview, By Countries, 2015 - 2027(USD Million)
Chapter 9. Europe Industrial Coatings Market Overview, By Countries, 2015 - 2027(USD Million)
Chapter 10. Asia Pacific Industrial Coatings Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 11. Middle East & Africa Industrial Coatings Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 12. South America Industrial Coatings Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 13. Competitive Landscape
Chapter 14. Key Vendor Analysis
Chapter 15. Industrial Coatings Market Cost Analysis
Chapter 16. Sourcing Strategy and Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
Chapter 18. Market Effect Factors Analysis
Chapter 19. Future Outlook of the Market

Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

Buy Industrial Coatings Market Report @ https://www.envisageresearch.com/buy/EMR100544/

Contact Us:
Envisage Market Research
Email: sales@envisageresearch.com

About Us:

Envisage Market Research is the leading provider of custom and syndicated market research reports. Our team of expert analysts offers end-to-end consulting services, along with 80% of the Fortune 500+ companies in the recent past. We are focused to deliver market research report solutions to small and medium enterprises.

Envisage Market Research has steadily grown to become a trusted market research partner for clients across the globe. We are majorly focused to serve a wide range of industrial insights, including automotive & transportation, technology, consumer products, automation and equipment, food & beverages, services & utilities, chemicals & materials, energy, mining, and oil & gas.

This release was published on openPR.