Trends and Forecast 2017 on Industrial Coatings Industrial Trend and Market Demand - Global Industry Analysis, Size, Share, Growth 2022
"Industrial
Coatings Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2017 - 2022"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Global
Industrial Coatings Market: Overview
The report on the global industrial coatings
market is an effort by a group of professional market research
analysts to represent the current scenario and future prospects to
targeted audiences such as manufacturers of industrial coatings, raw
material suppliers, producers of resins and other feedstock
chemicals, government agencies, and various end-use industries that
it caters to, including automotive, rail, aerospace, transportation,
industrial wood, and construction. The paramount objective of this
report was to detect opportunities in the industrial coatings market
and present updates as well as insights regarding to various segments
of the global market.
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The
report starts-off with an overview of the global market for
industrial coatings, evaluating market performance in terms of
revenue. This is followed by Transparency Market Research (TMR)
analysis of drivers, restraints, and trends witnessed in the global
industrial coatings market. To evaluate the market size, in-depth
secondary research was done for this report. Data points such as
regional splits and market split by resin, end-use, and technology
have been assimilated to arrive at the market estimates. The report
comprises the forecast of the global revenue generated by sales. TMR
has triangulated the data via different analysis based on supply
side, demand side, besides taking a note of the dynamics of
industrial coatings market. In order to recognize future
opportunities as well as make logical predictions of the market, TMR
has not only conducted forecasts in terms of value, but also
evaluates the market on the basis of essential parameters, such as
Year-on-Year (Y-o-Y) growth.
Global Industrial Coatings Market: Trends
and Opportunities
Some of the key factors augmenting the demand in
the global industrial coatings market are: increasing demand for
eco-friendly coatings, prosperity of construction and automotive
industries in Asia Pacific, increase in demand for coatings with
functional benefits, increased focus on research and development of
new products, and recent advancements such as the introduction of
fluoropolymer topcoats and the emerging field of nanocoatings. On the
other hand, strict regulations against solvent-based coatings and
volatility of raw materials are a few factors reflecting negatively
on the global industrial coatings market.
Global Industrial Coatings Market:
Segmentations
Based on resin, the global industrial coatings
market has been segmented into epoxy, polyurethane, polyester, and
acrylic. The epoxy segment is growing at US$732.4 mn annually, and
its absolute growth is larger than any other resin-segment. On the
basis of technology-wise, the global industrial coatings market has
been classified into water-based, solvent-based, powder, and
pre-treatment, whereas based on end-use, the market has been
categorized into automotive, general finishes, wood, heavy duty
equipment, coil and extrusion, consumer electronics, appliances, and
transportation. Geographically, the report takes stock of the
potential of industrial coatings market in the regions of Asia
Pacific except Japan (APEJ) including China, India, Malaysia,
Singapore, Thailand, and Australia, North America including the U.S.
and Canada, Latin America including Brazil, Argentina, and Mexico,
Europe including the U.K., Germany, France, Italy, and Nordic, and
the Middle East and Africa including GCC countries, South Africa,
Israel, and Nigeria. The report has also given a separate section on
the country-wide market for industrial coatings in Japan.
Global Industrial Coatings Market:
Competitive Landscape
BASF, AkzoNobel N.V., Nippon Paint Holdings Co.,
PPG Industries, Inc., The Sherwin-Williams Company, RPM International
Inc., Kansai Paint Co., Ltd, Axalta Coating Systems, LLC, The Valspar
Corporation, Jotun A/S, NOROO Paint & Coatings Co., Ltd., Roto
Polymers And Chemicals, Weilburger Coatings GmbH, Milliken &
Company, Whitford Corporation, and The Chemours Company are some of
the key companies currently operating in the global industrial
coatings market. The competitive landscape of this market is largely
fragmented, owing to the presence of several other regional and local
players.
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