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Global Industrial Maintenance Coatings Market to reach USD 5.3 billion by 2027.

Global Industrial Maintenance Coatings Market by Technology (Solvent-based, Water-based, Powder & Others), Resin Type (Epoxy, PU, Acrylic, Alkyd & Others), End-use Industry (Energy & Power, Transportation, Metal Processing, Construction, Chemical, Other), Regional Forecasts 2021-2027

Product Code: CAMPCAA_19965394
Publish Date: 6-04-2021
Page: 200

Global Industrial Maintenance Coatings Market is valued approximately at USD 4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4% over the forecast period 2021-2027. Industrial Maintenance Coatings are made up of DTM primers and topcoats that may be used for a wide range of mild to moderate industrial applications, including new construction, equipment, safety, and general maintenance. Industrial Maintenance Coatings provide an outstanding protective coating when applied directly to a variety of properly prepared substrates. The market is driven by the increasing demand for environment-friendly coatings and need for efficient processes and durable coatings with enhanced aesthetics. Manufacturers are constantly introducing new products to the market that feature environmentally friendly attributes in addition to enhanced performance. Coatings are now made using methods that differ from those utilized earlier, which were based on solvents. Coatings’ performance has risen rapidly as a result of the introduction of new technologies. For instance, in the United States, coatings must adhere to all OSHA regulations while through the deposition process, as well as all REACH requirements as it contains hazardous chemicals. However, requirement of higher drying period for water-based coatings may impede market growth over the forecast period of 2021-2027.

Geographically, Asia Pacific has risen to prominence of the industrial coatings market as both a consumer and a producer. Because of the low-cost labour and widely accessible raw resources, the region has become a major manufacturing hub, attracting international investment and booming industrial sectors. The rising industrial, aerospace, transportation, marine, and automotive industries in the region are driving up demand for industrial coatings.

Major market player included in this report are:

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

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Resin Type:
Polyurethane
Epoxy
Acrylic
Alkyd
Others
By Technology:
Solvent-based
Water-based
Powder
100% Solids
Others
By End use Industry:
Energy & Power
Transportation
Metal Processing
Construction
Chemical
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Industrial Maintenance Coatings Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Industrial maintenance coatings Market , by Region, 2019-2027 (USD Billion)
1.2.2. Industrial maintenance coatings Market, by resin Type, 2019-2027 (USD Billion)
1.2.3. Industrial maintenance coatings Market, by Technology, 2019-2027 (USD Billion)
1.2.4. Industrial maintenance coatings Market , by End use industry, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Industrial maintenance coatings Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Industrial maintenance coatings Market Dynamics
3.1. Industrial maintenance coatings Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing demand for environment-friendly coatings
3.1.1.2. Need for efficient processes and durable coatings with enhanced aesthetics
3.1.2. Market Restraint
3.1.2.1. Requirement of higher drying period for water-based coatings
3.1.3. Market Opportunities
3.1.3.1. Increasing use of nano-coatings
Chapter 4. Global Industrial maintenance coatings Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Industrial maintenance coatings Market , by resin Type
5.1. Market Snapshot
5.2. Global Industrial maintenance coatings Market by Resin Type, Performance – Potential Analysis
5.3. Global Industrial maintenance coatings Market Estimates & Forecasts by resin type 2018-2027 (USD Billion)
5.4. Industrial maintenance coatings Market , Sub Segment Analysis
5.4.1. Polyurethane
5.4.2. Epoxy
5.4.3. Acrylic
5.4.4. Alkyd
5.4.5. Others
Chapter 6. Global Industrial maintenance coatings Market , by technology
6.1. Market Snapshot
6.2. Global Industrial maintenance coatings Market by technology, Performance – Potential Analysis
6.3. Global Industrial maintenance coatings Market Estimates & Forecasts by technology 2018-2027 (USD Billion)
6.4. Industrial maintenance coatings Market , Sub Segment Analysis
6.4.1. Solvent-based
6.4.2. Water-based
6.4.3. Powder
6.4.4. 100% Solids
6.4.5. Others
Chapter 7. Global Industrial maintenance coatings Market , by End use industry
7.1. Market Snapshot
7.2. Global Industrial maintenance coatings Market by End use industry, Performance – Potential Analysis
7.3. Global Industrial maintenance coatings Market Estimates & Forecasts by end use industry 2018-2027 (USD Billion)
7.4. Industrial maintenance coatings Market , Sub Segment Analysis
7.4.1. Energy & Power
7.4.2. Transportation
7.4.3. Metal Processing
7.4.4. Construction
7.4.5. Chemical
7.4.6. Other
Chapter 8. Global Industrial maintenance coatings Market , Regional Analysis
8.1. Industrial maintenance coatings Market , Regional Market Snapshot
8.2. North America Industrial maintenance coatings Market
8.2.1. U.S. Industrial maintenance coatings Market
8.2.1.1. Resin Type breakdown estimates & forecasts, 2018-2027
8.2.1.2. Technology breakdown estimates & forecasts, 2018-2027
8.2.1.3. End use industry breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Industrial maintenance coatings Market
8.3. Europe Industrial maintenance coatings Market Snapshot
8.3.1. U.K. Industrial maintenance coatings Market
8.3.2. Germany Industrial maintenance coatings Market
8.3.3. France Industrial maintenance coatings Market
8.3.4. Spain Industrial maintenance coatings Market
8.3.5. Italy Industrial maintenance coatings Market
8.3.6. Rest of Europe Industrial maintenance coatings Market
8.4. Asia-Pacific Industrial maintenance coatings Market Snapshot
8.4.1. China Industrial maintenance coatings Market
8.4.2. India Industrial maintenance coatings Market
8.4.3. Japan Industrial maintenance coatings Market
8.4.4. Australia Industrial maintenance coatings Market
8.4.5. South Korea Industrial maintenance coatings Market
8.4.6. Rest of Asia Pacific Industrial maintenance coatings Market
8.5. Latin America Industrial maintenance coatings Market Snapshot
8.5.1. Brazil Industrial maintenance coatings Market
8.5.2. Mexico Industrial maintenance coatings Market
8.6. Rest of The World Industrial maintenance coatings Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Axalta Coating Systems, LLC
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Hempel A/S
9.2.3. Tikkurila OYJ
9.2.4. Rpm International Inc.
9.2.5. Kansai Paint Co., Ltd.
9.2.6. Nippon Paint Holdings Co., Ltd
9.2.7. The Sherwin-Williams Company
9.2.8. PPG Industries Inc.
9.2.9. Akzo Nobel N.V.
9.2.10. Jotun A/S
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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