Global Industrial Coatings Industry Expected | Rare Techy

Rare TechyOctober 28, 2022

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Dublin, Oct. 28, 2022 (GLOBE NEWSWIRE) — The “Industrial Coatings Market by Resin (Polyurethane, Epoxy, Acrylic, Alkyd), Technology (Solvent-based, Water-based, Powder), Industrial End Use (General Industry, Defense, Automotive, Aerospace, Wood, Packaging) and Region – Global Forecast to 2026” report added to ResearchAndMarkets.com’s offering.

The industrial coatings market is expected to grow from $102.0 billion in 2021 to $116.0 billion in 2026, at a CAGR of 2.5% between 2021 and 2026.

The Industrial end-use industry segment is the largest segment of the industrial coatings market

The general industrial coatings market is a diverse mix of end users and businesses. The market is growing due to increasing population, infrastructure growth, better living standards, global GDP growth, and growth in the construction industry. Industrial coatings are used in the hardware industry in applications that require a consistent appearance and resistance to abrasion, chemicals, and temperature cycling.

Appliances and electronic devices use the impact strength of industrial coatings. Washing machines, washing machines, dishwashers, drawer and shelf doors, air conditioners, mixers and microwaves, and microwave ovens are examples of some appliances that use industrial coatings.

The appliance industry uses front and side coatings for refrigerators, dryers, air-dryers, washer tops and lids, water heaters, dishwashers, refrigerators ice, cracks in microwave ovens, and other products.

Asia Pacific is the fastest growing Industrial coatings market during the forecast period.

Asia Pacific is the largest industrial coatings market, both in terms of value and volume, and is expected to be the fastest growing market during the forecast period. The region has seen economic growth over the past decade. According to the IMF and World Economic Outlook, China and Japan will be the second and third largest economies in the world by 2020.

According to the United Nations Population Fund Asia Pacific has 60% of the world’s population, 4.7 billion people. The region includes the most important countries in the world such as China and India. This is expected to become a major driver of the global construction industry over the next two years.

The market is fueled by increasing household income and increasing demand from small towns and rural areas due to increased consumer awareness. Several primary interviews have been conducted and information has been collected from secondary surveys to determine and verify the market size of certain sectors and sub-sectors.

Key topics covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Financial Understanding
4.1 Trends in the Industrial Coatings Market
4.2 Industrial Coatings Market, by Resin Type
4.3 Industrial Coatings Market, Developed vs. Developing Countries
4.4 Industrial Coatings Market, by End-Use Industry and Key Countries
4.5 Industrial Coatings Market, by Major Countries

5. Market Overview
5.1 Introduction
5.2 Market Inspiration
5.2.1 Driver
5.2.1.1 Increasing demand for Eco-friendly coatings
5.2.1.2 The Need for Direct Processing and Lighter and Better Coatings
5.2.1.3 Growing demand from Asia-Pacific
5.2.2 Restrictions
5.2.2.1 It is difficult to obtain thin films in powder coatings
5.2.2.2 Provision for additional drying times for water-based coatings
5.2.3 Opportunities
5.2.3.1 Prospects for Powder Substitutions in the Shipbuilding and Pipeline Sectors.
5.2.3.2 Increased Use of Nano-Coatings
5.2.3.3 Continuity to Extend Product Life and Reduce Maintenance
5.2.4 Challenges
5.2.4.1 Field Policy
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of Substitutes
5.3.2 Purchasing Power of Buyers
5.3.3 Threat of New Entrants
5.3.4 Vendors’ marketing rights
5.3.5 Strength of Competition
5.4 General Economic Indicator Analysis
5.4.1 Introduction
5.4.2 Trend and Forecast of GDP
5.4.3 Global Construction Industry Trends and Forecast
5.5 Impact of COVID-19
5.6 COVID-19 Economic Assessment
5.6.1 COVID-19 Economic Impact: Scenario Assessment
5.7 Impact of COVID-19 on End-Use Industries
5.7.1 Impact on Industry
5.7.2 Impact on Defense and General Industries
5.7.3 Impact on the Packaging Industry
5.8 Value Music Analysis
5.9 Cost Analysis
5.10 Industrial Coatings Ecosystem and Related Market
5.11 Change Yc and Ycc
5.12 Marketing Analysis
5.13 Rules
5.13.1 Coating Standard
5.14 Patent Analysis
5.15 Basic Education
5.16 Technical Analysis
5.17 Key Events and Events in 2022-2023

6. Industrial Coatings Market, by Resin Type
6.1 Introduction
6.1.1 Disruption due to COVID-19
6.2 Polyurethane
6.2.1 Applications Increasing Demand for Polyurethane Resins
6.3 Epoxy
6.3.1 Good Dimensional Stability, And Good Power Supply, Promotional Market
6.4 Acrylics
6.4.1 Key Factors Driving Demand for Acrylic Resins
6.5 Liquidity
6.5.1 The Ease of Manufacture and Low Cost of Polyester Linens Drive Their Demand
6.6 Alkyd
6.6.1 High hardness and good drying properties contribute to the growth of Alkyd resins.
6.7 Fluoropolymers
6.7.1 Excellent Non-Stick, Reduced Friction, and Corrosion Resistance Features Increase Demand for Fluoropolymer Resins
6.8 Other

7. Industrial Coatings Market, by Technology
7.1 Introduction
7.2 Dissolution
7.2.1 Key Factors Driving Demand for Solventborne Technology
7.3 Water
7.3.1 Low toxicity and flammability due to low Voc levels is increasing the demand for Water Industry coatings.
7.4 Powder
7.4.1 Advantages and Distinctive Features of Powder Coating Technology Driving Its Demand
7.5 Other

8. Industrial Coatings Market, by End-Use Industry
8.1 Introduction
8.1.1 Disruption due to COVID-19
8.2 General Industry
8.2.1 Major Use of Powder Coated Industrial Equipment in Women’s Market
8.3 Protection
8.3.1 Asia-Pacific Emerging as a Strategic Location for Defense Equipment Manufacturers
8.4 Automotive OEM
8.4.1 Demand for Electric Vehicles to Drive Industrial Coatings Market
8.5 Industrial Wood
8.5.1 Increasing Infrastructure and Infrastructure Activities to Promote Industrial Wood Coating Applications
8.6 Automotive Repairs
8.6.1 The increase in vehicle usage, along with the increasing number of accidents, is driving the demand for automotive coatings.
8.7 Circle
8.7.1 Smart and Cost-Effective Factors Driving Demand for Coil Ads
8.8 Decoration
8.8.1 Improving Accessibility and Changing Food Trends Increasing Demand for Light Coatings
8.9 Ocean
8.9.1 Slow Growth of Shipbuilding Sector Constrains Demand for Marine Coatings
8.10 Aerospace
8.10.1 Development of Non-Chrome Coating Technology Driving Market Growth
8.11 Rail
8.11.1 Advances in High Speed Rail Industry Expanding the Rail Coating Market

9. Industrial Coatings Market, by Region

10. Competitive Land
10.1 Introduction
10.2 Company Evaluation Matrix: Definition and Meaning, 2020
10.2.1 Stars
10.2.2 Emerging Leaders
10.2.3 Derivative Companies
10.2.4 Spread
10.3 Capacity of Product Portfolio
10.4 SME Matrix, 2020
10.4.1 Responding Companies
10.4.2 Progressive companies
10.4.3 Start Block
10.4.4 Active Companies
10.4.4.1 Rivalry
10.5 Company Evaluation Matrix: Industry Coverage
10.6 Industry News Market Share
10.7 Financial Analysis
10.7.1 Sherwin-Williams
10.7.2 Industrial PPG
10.7.3 AkzoNobel
10.7.4 Nippon Paint
10.7.5 Axalta Coating Systems
10.8 Competitive Position and Terms

11. Company Disclosures
11.1 Major Players
11.1.1 Akzo Nobel NV
11.1.2 Axalta Coating Systems, LLC
11.1.3 Jotun A/S
11.1.4 PPG Industries Inc.
11.1.5 The Sherwin-Williams Company
11.1.6 Nippon Paint Holdings Co. Ltd.
11.1.7 Kansai Paint Co. Ltd.
11.1.8 RPM International Inc.
11.1.9 Hempel A/S
11.1.10 BASF Coatings GmbH
11.1.11 Asian Paints Limited
11.2 Other Key Players
11.2.1 Teknos Group
11.2.1.1 Teknos Group: Company Overview
11.2.1.2 Products Offered
11.2.2 Brain Painting and Headlines
11.2.2.1 Noroo Paint & Coatings: Company Overview
11.2.2.2 Products Offered
11.2.3 Weilburger coating
11.2.3.1 Weilburger Coatings: Company Overview
11.2.3.2 Products Offered
11.2.4 The Chemours Company
11.2.4.1 The Chemours Company: Company Overview
11.2.4.2 Products Offered
11.2.5 Beckers group
11.2.5.1 Beckers Group: Company Overview
11.2.5.2 Products Offered
11.2.5.3 New Developments
11.2.6 Tiger Coatings GmbH & Co. Kg
11.2.6.1 Tiger Coatings GmbH & Co. Kg: Company Overview
11.2.6.2 Products Offered
11.2.7 Diamond Vogel Paint Company
11.2.7.1 Diamond Vogel Paint Company: Company Overview
11.2.7.2 Products Offered
11.2.8 IGP Pulvertechnik AG
11.2.8.1 IGP Pulvertechnik AG: Company Overview
11.2.8.2 Products Offered
11.2.8.3 New Developments
11.2.9 Anhui Meijia New Material Co. Ltd
11.2.9.1 Anhui Meijia New Material Co. Ltd: Company Overview
11.2.9.2 Products Offered