Global Industrial Coatings Market 2020-2026

Global Industrial Coatings Market Size, Share & Trends Analysis Report by Resin Type (Acrylic, Polyester, Polyurethane, Epoxy, and Others), By Application (Consumer Electronics, Automotive, Industrial, and Others) and Forecast 2020-2026
The global industrial coatings market is estimated to grow significantly during the forecast period. The growth of the market is attributed to the increasing demand for coated products in general industrial sector and rising adoption of ceramic coatings in aerospace sector is contributing significantly into the growth of the market across the globe. Rising adoption of high-performance coatings in automotive industry is one of the major factors fueling the growth of the global industrial coatings market. Moreover, the increasing environmental regulations regarding vehicle emission is fueling the demand for ceramic coatings in the market. The huge capital requirement for development and manufacturing of the ceramic coating products along with the high cost of high-performance coatings are some of the factors that are hampering the growth of the global industrial coatings market.

The global market for industrial coatings is segregated on the basis of resin type and application industry. Based on the rein type, the market is further classified into acrylic, polyester, polyurethane, epoxy, and others. The acrylic segment is projected to have a considerable growth owing to the growing application in various industries such as automotive and aerospace. Based on the application, the global industrial coatings market is further segmented into aerospace, automotive, general industrial, marine, wood, and others. The general industrial segment estimated to have a considerable share in the market owing to the industrialization across the globe. Based on geography, the global industrial coatings market is further segregated into North America, Europe, Asia-Pacific and the Rest of the World. Among, region Asia-Pacific projected to have a considerable share in the global industrial coatings market.

The companies which are contributing to the growth of the global industrial coatings market include Akzo Nobel N.V., Axalta Coating Systems, LLC, BASF SE, Jotun A/S, PPG Industries Inc., and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.

Research Methodology

The market study of the global industrial coatings market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.

In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.

Secondary Sources Include:

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for industrial coatings providers, end user companies for overall market analysis, and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation:

1. Global Industrial Coatings Market Research and Analysis by Resin Type
2. Global Industrial Coatings Market Research and Analysis by application

The Report Covers

• Comprehensive research methodology of the global industrial coatings market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global industrial coatings market.
• Insights about market determinants which are stimulating the global industrial coatings market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.