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.However, difficulty in achieving thin films of powder coatings is limiting the market for industrial maintenance coatings. Additionally, in water-based coatings, the need for more drying time of the coatings is expected to hamper the demand for the market during the forecast period. Changing environmental regulations for achieving longer sustainability and performance at a low cost are driving the market
The latest study on the Industrial Maintenance Coatings Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 – 2032 The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Industrial Maintenance Coatings Market industry, particularly the current COVID-19 scenario. Exhaustive coverage of the COVID-19 impact on the Industrial Maintenance Coatings Market industry is a major attraction of the report.
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The report further divides the Industrial Maintenance Coatings Market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Industrial Maintenance Coatings Market
Competitive Landscape
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
Overview of the Industrial Maintenance Coatings Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
Market Overview
The global industrial maintenance coatings market size was USD 3.84 Billion in 2019 and it is anticipated to reach USD 5.23 Billion by 2027, at a CAGR of 3.9% during the forecast period. Industrial maintenance coatings are used to control corrosion of steel structures, platforms, roofs, and underground pipelines. These coatings are also used as fire resistant for industrial equipment.
Emergen Research has segmented the global Industrial Maintenance Coatings Market based on process, end-use, and region:
Process Outlook (Revenue, USD Billion; 2017–2027)
- Anaerobic
- Aerobic
End-use Outlook (Revenue, USD Billion; 2017–2027)
- Industrial (Pharmaceuticals, Meat & Poultry, Pulp & Paper, Chemicals, Oil & Gas)
- Municipal
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Future Outlook
The demand for acrylic polymers is expected to continue growing over the coming years, driven by increasing demand from end-use industries and the rising need for high-performance materials. The market is also expected to witness significant growth in emerging economies, such as China and India, due to their growing construction and automotive industries.
Table of Contents
- Introduction
- Market Overview
- Market Segmentation
- Drivers and Restraints
- Regional Analysis
- Competitive Landscape
- Future Outlook
- Conclusion
- FAQs
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Emergen Research 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 behaviour shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research 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.
