Industrial Maintenance Coatings Market Demand, Size, Share, Demand & Forecast To 2027

The global Industrial maintenance coatings market is estimated to reach value of USD 5.23 Billion by 2027, according to a current analysis by Emergen Research. Increase in the demand for eco-friendly coatings is driving the market. Rising demand for durable and efficient coatings, with better mechanical properties, along with the need for reduction in regular maintenance, is projected to drive the market during the forecast period.

The impact of the COVID-19 pandemic has been observed across all the sectors in all the industries. The economic landscape has been dynamically altered owing to the crisis, and a change in the demands and trends has also been observed. The report studies the impact of COVID-19 on the market and analyses the key changes in the trends and growth patterns. It also provides an estimation of the current and future impact of COVID-19 on the overall growth of the industry.

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Key Highlights of Report

· Solvent-based coatings are favored over water-based coatings in humid areas. Solvent-based coatings are used to achieve a higher level of gloss than water-based coatings. They are employed by various end-users such as marine, automotive, oil & gas, aerospace, metal processing, chemical & petrochemical, and power & steam generation industries.

· The Asia Pacific region held the largest market share in 2019, as it emerged as the largest consumer as well as producer of the industrial maintenance coatings. Presence of several large and small producers of industrial maintenance coatings in the region is contributing to the market in the region.

· Key market participants include Jotun A/S, Akzo Nobel N.V., The Sherwin-Williams Company, PPG Industries Inc., Kansai Paint Co., Ltd., Nippon Paint Holdings Co., Ltd., Tikkurila OYJ, RPM International Inc., Hempel A/S, and Axalta Coating Systems, LLC

Industrial Maintenance Coatings Market Segmentation:

For the purpose of this report, Emergen Research has segmented the global industrial maintenance coatings market based on technology, resin type, end-use industry, and region as follows:

· Technology Outlook (Revenue, USD Billion; 2017–2027)

o Water-based

o Solvent-based

o Powder

o 100% Solids

o Others (UV- and EB-cured Technology)

· Resin Type Outlook (Revenue, USD Billion; 2017–2027)

o Polyurethane

o Epoxy

o Acrylic

o Alkyd

o Others

· End-use Industry Outlook (Revenue, USD Billion; 2017–2027)

o Energy & Power

o Transportation

o Metal Processing

o Construction

o Chemical

o Others

Key Geographical Segments:

· North America (U.S., Canada)

· Europe (U.K., Italy, Germany, France, Rest of EU)

· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

· Latin America (Chile, Brazil, Argentina, Rest of Latin America)

· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Benefits of the Global Industrial Maintenance Coatings Market Report:

· Comprehensive analysis of the changing competitive landscape

· Assists in decision making processes for the businesses along with detailed strategic planning methodologies

· The report offers an 8-year forecast estimation and assessment of the Global Industrial Maintenance Coatings Market

· Helps in understanding the key product segments and their estimated growth rate

· In-depth analysis of market drivers, restraints, trends, and opportunities

· Comprehensive regional analysis of the Global Industrial Maintenance Coatings Market

· Extensive profiling of the key stakeholders of the business sphere

· Detailed analysis of the factors influencing the growth of the Global Industrial Maintenance Coatings Market

Table of Content Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Industrial Maintenance Coatings Market Segmentation & Impact Analysis 4.1. Industrial Maintenance Coatings Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. High demand for extended product lifetime and reduced maintenance 4.2.2.2. Increasing demand for environment-friendly coatings 4.2.3. Market restraints analysis 4.2.3.1. Difficulty in obtaining thin films in powder coatings 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis

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