Industrial Coatings Market Size and Forecast to 2025Posted by Payal Singhania on December 13th, 2019 Market Overview Industrial Coatings Market Research Report - Global Forecast till 2025 : Market Research Future (MRFR) recognizes the following companies as the key players in the global Industrial Coatings market: AkzoNobel N.V, BASF SE, PPG Industries Inc., Valspar (U.S.), Sherwin-Williams Co. Ltd, DuPont Co, NOROO Paints & Coatings, Asian Paints, Burke Industrial Coatings, Industrial Nanotech, Inc. and others. Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “The market for industrial coatings is growing rapidly due to rise in demand from end user industries such as construction, automobile, medical & health care, marine and oil & gas. Suppliers from industrial coating market are looking for innovation and are focusing more on eco-friendly products. Hence, with enhanced characteristics such as more service life, corrosion resistance and technology innovation focused on bio-based products will boost the industrial coatings market in the coming years. Increasing demand for durable industrial coatings which are technologically advanced will drive the industrial coatings market in the forecasted period. Industrial Coatings Market Research Report: Information by Resin (Polyurethane, Acrylic, Alkyd, Epoxy, Polyester, Fluoropolymers and Others), Type (Solvent, High Solids, Powder and Water), End-Use Industry (Automotive OEM, Construction, General Industrial, Marine, Aerospace, Wood, Packaging and Others) and Region (Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa)—Forecast till 2025 Industrial coatings are special coatings which are used for preventing the material from corrosion, fire along with these providing aesthetic features. Industrial coatings enhance the product shelf life leading to low replacement cost thus benefiting manufacturers. Hence, it is highly preferable in end user industries. Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/industrial-coatings-market-2136 Based on their formulation, industrial coatings can be segmented into water based, solvent based and powder based coatings. Solvent based coatings are also known as oil based which is highly preferable in automotive OEMs, agriculture equipment and construction activities. Due to possessing nature of getting evaporated through chemical reaction with oxygen, solvent based industrial coating is demanded less compared to water based coatings. Water based industrial coatings contains low Volatile Organic Compound (VOC). These are non-hazardous, non-flammable and non-toxic which are widely used in industries and household activities. Possessing such dynamic nature, demand for water based industrial coatings is expected to grow in future. The market is classified and analyzed on the basis of various geographic segmentation which includes; Americas, Europe, Asia-Pacific, Middle East and Africa. Out of these, APAC accounts for the largest share owing to technological advancement in manufacturing industries particularly in country like China and Japan. China is the leading producer in the industrial coatings market due to its growing population, development in infrastructure and increase in consumer spending. Paints & coatings market is growing rapidly in China due to increase in government expenditure in infrastructure and the blooming automotive industry. North America and Europe are expanding their business in the industrial coatings market. Europe showed a steady flow due to restrains from government in using chemicals on a large scale. Countries like Indonesia, Thailand and Brazil are the growing market for industrial coatings due to favorable government regulations and tax subsidies here. About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Like it? Share it! More by this author |