industrial coatings market worth $139.0 billion by 2024 - exclusive report by marketsandmarkets™ - materials that absorb water
The industrial paint market is worth $139.
Billions to 2024
Exclusive coverage of MarketsandMarkets™Chicago, June 4, 2019 Chicago, June 4, 2019/PRNewswire /--
According to the new market research report "Industrial Coatings Market by resin (
Epoxy, polyurethane, polyester, acrylic), Technology (
Water, solvent, high solids, powder),End-use Industry (
Automotive, Aerospace, ship, wood, packaging, protection),and Region -
Global Forecast by 2024 released by MarketsandMarkets™The industrial coatings market is expected to grow from $107.
At 4 billion to $139.
From 5% to 2024, the compound growth rate in the forecast period was.
The main factors driving the industrial paint market include the growing demand for ecological coatings.
Friendly coatings require efficient processes and long lasting ecology with better aesthetics, as well as growing demand in the Asia-Pacific region.
Download PDF manual: Browse-
Depth TOC 134-Table 39-figure 152-PagesView on "industrial coatings market" details are as follows: it is expected that the fluorine polymer part will achieve a higher compound annual growth rate in the industrial coatings market during the forecast period.
Fluorine polymer resin
Based on the low permeability of industrial coatings to oxygen, water and chlorine, it has a high resistance to degradation when exposed to extreme environmental conditions and air pollutants.
Fluorine polymer due to its excellent performance, a large demand in industrial coatings
Adhesive properties, reduced friction and corrosion resistance.
Since they can withstand very high temperatures and do not require water, these resins are also preferred.
This combination of properties makes fluorine polymer-
Base coating is ideal for terminal
Use industries such as automobiles, coils and consumer appliances. Solvent-
It is estimated that based on the fact that industrial coatings are 2019 Solvent solvents-
Basic industrial coatings are preferred to water
Coating in wet environment. Solvent-
The curing based on the coating is due to the chemical reaction between the oxygen in the atmosphere and its components, not to the evaporation of water. Solvent-
Achieve a higher gloss than water based on industrial coatingsbased coatings.
It is suitable for surface of material, prevent corrosion, more flexible than water
Base coating during coating preparation. Solvent-
The application based on industrial coatings is very wide.
User industries such as automobiles, ships, aerospace, coils, transportation, packaging and protection.
Request sample page: Daily use of general industrial sector powders that dominate the industrial coatings market during the forecast period
Products based on industrial coatings include lamps, antennas and electrical components.
Tables in the bleachers, football goal, basketball guard, lockers and cafeteria.
Company office using powder
File drawers, computer cabinets, laptops and mobile phones based on industrial coatings.
In the home, applications include baby carts, baby cribs, fences, car seats, toys, vans, electronic components, sinks and downpipes, scales, mailboxes, satellite antennas, tool boxes, and fire extinguishers
The rapid growth in demand for these products will boost the market in the next five years.
It is expected that during the forecast period, the Asia-Pacific region will account for the largest share of the industrial coatings market.
The Asia-Pacific region has become a major consumer and producer of industrial coatings.
Simple availability with low availability
Cost labor and raw materials are driving foreign investment, which is increasing the production of industrial coatings in the region.
Asia Pacific is also the fastest
The market for industrial coatings is growing.
Key players in the industrial coatings market include Jotun A/S (Norway)
Axalta Coating System Co. , Ltd (US), AkzoNobel N. V. (Netherlands), The Sherwin-
Williams Corporation (US)Teknos group (Finland)
, PPGIndustries, Inc. (US)
, RPM International(US)
Tikkurila Oyj (Finland),Hempel A/S (Denmark)
Kansai Paint Company, Ltd. (Japan), BASF SE (Germany)
Japan paint Holdings Limited, Ltd. (Japan)
Chemical Company (US)
Norno paint Co. , Ltd (South Korea).
Get 10% free customizations for this report: Browse the neighboring markets: Paint and Coatings Market by resin Category: paint adhesive sealant and elastomer market research report and consulting related reports: Paint and coatings market
Epoxy, polyurethane, polyester, acrylic), Technology (Water-Based, Solvent-
Base, high solid, powder),Application (
Construction and industry), and Region -
Global Paint Market Forecast: 2022
Stains and varnish, shellac, wood preservatives and water repellent)
Application method (
Vacuum coating, spray coating, roller brush coating), End User (
Furniture, cabinets, flooring, & by Region -
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