Industrial Coatings Market Projected to Reach 130.97 Billion USD by 2022 - PowerPoint PPT Presentation

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Industrial Coatings Market Projected to Reach 130.97 Billion USD by 2022

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[185 Pages Report] Industrial Coatings Market research report categorizes the global market by Resin (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester), Technology (Water, Solvent, High Solids, Powder), End-use Industry (Automotive, Aerospace, Marine, Wood, Packaging, Protective), and Region. – PowerPoint PPT presentation

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Title: Industrial Coatings Market Projected to Reach 130.97 Billion USD by 2022


1
MarketsandMarkets Presents
Industrial Coatings Market Projected to Reach
130.97 Billion USD by 2022
https//www.marketsandmarkets.com/Market-Reports/i
ndustrial-coatings-market-746.html
2
The report "Industrial Coatings Market by Resin
(Acrylic, Alkyd, Epoxy, Polyurethane, Polyester),
Technology (Water, Solvent, High Solids, Powder),
End-use Industry (Automotive, Aerospace, Marine,
Wood, Packaging, Protective), and Region - Global
Forecasts to 2022", The industrial coatings
market is projected to reach USD 130.97 Billion
by 2022, at a CAGR 5.91 between 2017 and 2022,
in terms of value Browse 150 Market Data Tables
and 36 Figures spread through 185 Pages and
in-depth TOC on "Industrial Coatings Market -
Global Forecasts to 2022"Request FREE PDF
Brochure https//www.marketsandmarkets.com/pdfdo
wnloadNew.asp?id746 Market Dynamics Drivers In
creasing demand for eco-friendly coatings Need
for efficient process and durable coatings with
better aesthetics Restraints Difficulty in
obtaining thin films in powder coating
Requirement of more drying time for water-based
coatings Opportunities Increasing use of
Nano-coatings Attractive prospects for powder
coating in shipbuilding and pipeline industries
Challenges Stringent regulatory policies
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ndustrial-coatings-market-746.html
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  • Scope of the Report
  • This research report categorizes the Industrial
    Coatings Market based on Resin Type, Technology,
    end-use industry, and region. The report
    forecasts revenues as well as analyzes the trends
    in each of these submarkets.
  • Industrial Coatings Market, By Resin Type
  • Epoxy
  • Polyurethane
  • Acrylic
  • Polyester
  • Fluoropolymer
  • Alkyd
  • Others
  • Industrial Coatings Market, By Technology
  • Water-based
  • Solvent-based
  • High Solids
  • Powder
  • Others
  • Industrial Coatings Market, By Region
  • Asia Pacific (APAC)

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ndustrial-coatings-market-746.html
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Industry Insights The global industrial
coatings market is expected to grow from USD
98.30 billion in 2017 to USD 130.97 billion by
2022 at a CAGR of 5.91. Stringent government
regulations, growth in end-use industries, and
technological advancements are the key factors
driving the growth of this market. Industrial
coatings are thin films applied on materials to
add or enhance their specific properties such as
corrosion resistance, wear resistance, and
conductivity. Industrial coatings are used in
production plants, to coat discrete parts,
finished assemblies (automobiles, trucks,
aircraft, and vessels), tanks, piping, metal
sheet, wood panels, paper, and paperboard. Reques
t FREE Sample Pages https//www.marketsandmarkets
.com/requestsampleNew.asp?id746 The industrial
coatings market has been segmented, on the basis
of end-use industry type, into automotive,
aerospace, marine, industrial wood, packaging,
protective, general industrial, rail coatings,
coil coatings, consumer appliance, and industrial
equipment sectors. Among end-use industries, the
automotive OEM segment of the industrial coatings
is projected to grow at the highest CAGR during
the forecast period. Growing automotive industry
is driving the global industrial coatings market
during the forecast period. The industrial
coatings market has been segmented, on the basis
of resin type, into acrylic, alkyd, epoxy,
polyester, polyurethane, fluoropolymer, and
others. The acrylic resin accounted for the
largest share of the overall industrial coatings
market between 2017 and 2022. Acrylic resin is
preferred because of its superior properties such
as high resistance to stress, high heat
resistance, high peel strength, good adhesion to
many substrates, and excellent chemical
resistance. Acrylic resin-based industrial
coatings have high demand, especially in the
automotive industry, owing to stringent
environmental regulations and the high corrosion
resistance of these coatings. Apart from
automotive, consumer appliances are the major
end-use industry of acrylic resin-based
industrial coatings.
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ndustrial-coatings-market-746.html
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Industry Leaders   Key players in the market
include AkzoNobel N.V. (Netherlands), Asian
Paints Limited (India), Axalta Coating Systems
(U.S.), Berger Paints India Limited (India),
Jotun A/S (Norway), Kansai Paint Co., Ltd.
(Japan), PPG Industries, Inc. (U.S.), The
Sherwin-Williams Company (U.S.), and The Valspar
Corporation (U.S.). These players are
increasingly undertaking expansions, new product
launches, acquisitions, and partnerships to
expand its global presence and develop and
introduce new technologies and products in the
market. For more Info Visit Our Blog _at_
https//chemicalsresearchmarket.wordpress.com/Blog
Geographical Scenario   The industrial
coatings market in APAC is expected to grow at
the highest CAGR during the forecast period. APAC
is a rapidly expanding the market, owing to the
growing economy and increasing middle-class
population. The increasing number of industrial
activities due to growing urbanization, mainly in
China and India, are expected to drive the market
during the forecast period.  There is an
increased demand from the automotive industry in
APAC, which is mainly backed by the expansion of
the regions industrial activities. This
increased demand, in turn, drives the industrial
coatings market in APAC. APAC is the
fastest-growing market with most of the large
manufacturers establishing their facilities in
this region. Presence of some of the
fastest-growing economies, such as China, India,
and South Korea, and rising demand from
automotive industry play a crucial role in
driving the industrial coatings market in the
APAC region.

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About MarketsandMarkets MarketsandMarkets
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