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Industrial Coatings Market by Resin (Polyurethane, Epoxy, Acrylic, Polyester, Alkyd), Technology (Solvent, Water, Powder, High Solids), End-Use Industry (Industrial, Industrial, Protective, Automotive, Aerospace, Marine, Wood, Packaging), and Region - Global Forecast to 2024<br>
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Industrial Coatings Market worth $115.4 billion by 2024 Browse 151 market data Tables 49 Figures 189 Pages and in-depth TOC on " Industrial Coatings Market "
The market for industrial coatings is estimated to grow from USD 89.5 billion in 2019 to USD 115.4 billion by 2024, at a CAGR of 5.2% during the forecast period. Need for efficient process and durable coatings with better aesthetics, increasing demand for environmentally-friendly coatings and growing demand from the APAC region are the major factors driving the industrial coatings market. Get PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=746 The industrial coatings market is expected to grow from USD 89.5 billion in 2019 to USD 115.4 billion by 2024, at a CAGR of 5.2% during the forecast period.
The polyurethane segment is expected to account for the larger share of the industrial coatings market. The polyurethane resin-based coatings are used where high performance is expected, such as oil-rig towers, warehouses, industrial plants, heat-resistant coatings, and bridges. These resins have properties, such as high durability, toughness, ease of cleaning, and high gloss. These properties make them preferable in a wide range of applications. They are also used in the wood, aircraft, and construction industries. Apart from these, the coatings are preferred for heavy-duty exterior and interior structural applications, paper mills, power plants, offshore structures, oil field machinery, exterior surfaces of steel tanks, handrails, conveyors, and chemical processing equipment. Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=746
APAC is expected to account for the largest share of the industrial coatings market during the forecast period. APAC has emerged as the leading consumer producer of industrial coatings. The easy availability of low- cost labor and raw materials are driving investments, increasing the production of industrial coatings region. APAC is also the fastest-growing coatings market. and foreign which is in the industrial Speak To Our Experts @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=746
The major players in the industrial coatings market are, • • • • • Jotun A/S (Norway) Nippon Paint Holdings Co. Ltd. (Japan) The Sherwin-Williams Company (US) Akzo Nobel N.V. (Netherlands) PPG Industries Inc. (US) RPM International Inc. (US) Hempel A/S (Denmark) NOROO Paint & Coatings Co Ltd (South Korea) Axalta Coating Systems (US) Tikkurila Oyj (Finland) The Chemours Company (US) WEILBURGER Coatings GmbH (Germany) Teknos Group (Finland), Kansai Paint Co. Ltd. (Japan) • • • • • • • Enquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=746
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