Published on : Dec 11, 2018
Albany, New York, December 11, 2018: Industrial coatings have witnessed extensive adoption in factories for manufacturing of goods, as part of the production procedure for enhancing properties of the end-products. Key product enhancement areas where industrial coatings find predominant application include chip and scratch resistance, corrosion and electrical conductivity, and color. Aforementioned insights on industrial coatings market have been extracted from the study titled “Industrial Coatings: Technologies, Applications and Global Markets,” incorporated recently to Market Research Hub’s all-inclusive repository.
The report opines that industrial coatings market will continue to witness bullish prospects with new technological developments and changing industry dynamics. Widespread acceptance and demand in automotive, wood, appliance, equipment, and machinery manufacturing industries has further been driving growth of the industrial coatings market. Inherent attributes of industrial coatings such as relative durability, ease-of-application and functionality, also underpin growth of the industrial coatings market.
Growth of the industrial coatings market will also remain upheld by macroeconomic trends that undergird rise in agricultural and heavy construction machinery. Additionally, commercial and residential development continue to proliferate through 2018, with immense opportunities fuelled by infrastructure investments in developed nations. These aspects will significantly impact growth of the industrial coatings market in the near future.
Industrial Coatings Market: Report Summary
The primary aim of this report is to offer a brief analysis on the industrial coatings market, along with analysis on key drivers, trends, challenges and opportunities that influence the market growth. With 2017 as base year, the report offers a precise forecast on the industrial coatings market to the year 2023. Size of the market has been provided in terms of volumes (kilo tons) and value (US$ Mn). Estimated values have been evaluated on the basis of total revenues of the industrial coatings manufacturers.
The report has also incorporated a detailed discussion on economic as well as technological trends influencing expansion of the industrial coatings market. The report also delivers a segmental analysis of the industrial coatings market, and includes imperative market numbers such as value and volume comparison, and CAGRs of the market segments identified in the report.
The report has also offered assessment of the industrial coatings market by splitting it geographically into South America, North America, Middle East & Africa, Europe, and Asia-Pacific. A country-level analysis on the industrial coatings market in all these regions has also been offered in the report.
Industrial Coatings Market: Contents of the Report
The report includes 80 data tables along with 27 additional tables to give a brief forecast of the industrial coatings market. An overview of the industrial coatings market has been offered in the report, along with assessment of key application areas and technologies of industrial coatings. Country specific analysis and data for the U.S., Canada, Spain, the U.K, France, Italy, Germany, Mexico, Russia, Japan, India, China, Australia & New Zealand, South Korea, Argentina, Brazil, and Saudi Arabia, has been incorporated in the report.
A peek into the environmental concerns as well as government regulations associated with the industry has led to accurate analysis on the dynamics of the industrial coatings market. The report also offers in-depth study of the competition landscape of the industrial coatings market. Key players identified in the report include Nippon Paint Co. Ltd., Kansai Paint Co. Ltd., Jotun, Hempel A/S, Akzonobel NV, and 3M.
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