Industrial coatings curtail the parent material and restricts direct exposure to harsh environment that initiates degradation. These chemicals are widely used across various industries such as general industrial, marine, aerospace, automotive, wood and many others. Advent of many industries, such as manufacturing and automobile, paved way to the production of these coatings. These coating prevents the material from various factors such as corrosion and more. Corrosion is a generalized term for the destructive attack on metal. This destruction arises as a result of either chemical or electrochemical reaction between the metal and other element present in the surrounding environment. The increasing need for corrosion resistance and protection in various industries serves as the main driver for the industrial coatings market.
Based on the type of coating resins commercially available, this market is classified as acrylic, alkyd, epoxy, urethane, polyester and others. Due to the rise in industrial activities, the manufacturing plants are increasing, which leads in demand for efficient machinery to run the manufacturing activities and thus generates impetuous in industrial coatings. Various industrial coatings are used for different applications depending up on the usage. Another important trend that drives growth for the industrial coatings is globalization of the industry and resource constrains
The industrial coatings market is scrutinized by segments including coating resin, formulation, application and geography. Based on various applications wherein industrial coatings find its use, the market is segmented into general industrial, automotive & transportation, coil & extrusion coatings, heavy duty equipment, wood coatings, consumer electronics and many more. The report also comprises of the region wise study of the global market including Americas, Europe, Asia-Pacific and Rest of the World.
General industrial application is poised to dominate this market during 2016-2021. However, consumer electronics as well as automotive & transportation are comprehend to witness prominent CAGR of 5.1% and 5.0% respectively during the same period. The enormous potential for coatings is also indicated by growing income levels and education, continuous urbanization and industrialization as well as low per capita consumption of coatings.
Sample Companies Profiled in this Report are:
- Axalta Coatings,
1. Industrial Coatings Market Overview
2. Industrial Coatings Market Executive Summary
3. Industrial Coatings Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. Top 5 Financials Analysis
3.2.3. End-User Profiling
4. Industrial Coatings Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Market attractiveness
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining power of buyers
4.4.3. Threat of new entrants
4.4.4. Threat of substitutes
4.4.5. Rivalry among the competitors
5. Industrial Coatings Market - Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity Analysis
5.4. Supplier & Distributors
5.5. Market Life Cycle Analysis
5.6. Regulation Analysis
6. Industrial Coatings Market – By Type of Coating Resin
7. Industrial Coatings Market –By Formulation
7.1. Water based
7.2. Solvent based
7.3. Powder based
8. Industrial Coatings Market – By End-User
8.1. General Industrial
8.2. Automotive & Transportation
8.3. Coil & Extrusion Coatings
8.4. Heavy Duty Equipment
8.5. Wood Coatings
8.6. Consumer Electronics
9. Industrial Coatings Market – By Geography
9.3.4. South Korea
9.4.1. Middle East
10. Industrial Coatings Market Entropy
10.1. New product launches
10.2. M&A’s, collaborations, JVs and partnerships
11. Company Profiles
11.1. PPG Industries
11.2. Axalta Coatings
11.3. The Dow Chemical Company
11.4. The Sherwin Williams Company
11.5. Akzo Nobel N.V.
11.6. RPM International Inc.
11.7. Nippon Paint Holdings Co.
11.8. The Valspar Corp.
11.9. Kansai Paint Co. Ltd.
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"
12.3. Research methodology
12.5. Compilation of expert insights