Reports and Data estimates the global Industrial Coatings competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2027 as the forecast period. The report offers CAGR and market size for the global Industrial Coatings during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Akzo Nobel N.V., Jotun A/S, Axalta Coating Systems, LLC, The Chemours Company FC, LLC, PPG Industries Inc., Nippon Paint Holdings Co. Ltd., The Sherwin-Williams Company, BASF SE, Hempel A/S, and Henkel, among others
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Industrial Coatings Overview :-
Various end-users, including general refinish, cars and machinery, telecommunications, aerospace, oil and gas, mining, marine, and power generation, are commonly involved in industrial coating processes. The characteristics of industrial coating in many uses, including concrete, steel, flooring, building, roofs, and other industrial materials, are driven by properties such as chemical resistance, water resistance, durability, impact resistance, abrasion, and UV light resistance. However, growing demand for environmentally sustainable lacquers is driving demand for water and powder-based industrial lacquers, owing to increasing environmental issues and strict VOC requirements.
The United States is North America\’s largest industrial layer sector. The growth of the country\’s general industry is driving enhanced living standards and infrastructural growth. In general, many types of coatings are needed in order for various applications to be complied with. Many of the most commonly used industrial coatings in the general industry are wires, wood, high temperatures, water-resistant, corrosion and chemical resistant coatings, thermal insulation, and protective coatings.
Diverse applications in the general industry, including construction and agricultural machinery and furniture, may also obtain Industrial coatings to ensure resistance to rust, tear, longevity, and operating efficiency..
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For the purpose of this report Reports and Data has segmented global Industrial Coatings market on the basis of type, application, and region:
Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Acrylic
- Alkyd
- Polyurethane
- Epoxy
- Polyester
- Others
Technology Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Solvent Borne
- Water-Borne
- Powder Based
- Others
End-Use Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Industrial
- Marine
- Automotive
- Electronics
- Aerospace
- Oil & Gas
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Industrial Coatings during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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