Market Overview:
The global industrial maintenance coating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for industrial maintenance coatings from various end-use industries, such as energy and power, transportation, chemical, metal processing, construction and others. In terms of type, the epoxy segment is expected to lead the global industrial maintenance coating market during the forecast period. This can be attributed to its properties such as high resistance against corrosion and abrasion.
Product Definition:
Industrial Maintenance Coating is a protective coating that is applied to industrial equipment in order to protect it from corrosion and wear.
Epoxy:
Epoxy resins are synthetic thermosetting polymers containing an epoxide group. They are characterized by high strength, rigidity and thermal stability. Epoxies are widely used in a variety of applications such as automotive, aerospace & industrial equipment coatings, wood & furniture finishes and concrete floor coatings among others. The growth factor for epoxy resins is the demand from various end-use industries including infrastructure/ construction and automotive which is expected to drive the market over the forecast period.
Polyurethane:
Polyurethane (PU) is a polymer, which is manufactured by the catalytic reaction of an organic compound with hydrogen. Polyurethane exhibits superior properties such as high strength, excellent insulation, and impact resistance at low cost compared to its counterparts. These superior characteristics have made polyurethane one of the most widely used materials in industrial maintenance coatings market over the past few years and this trend is expected to continue over the forecast period.
Application Insights:
The energy and power application segment accounted for the largest revenue share in 2017. Energy and power industry is one of the most important sectors in various countries, including China, India, Japan, U.S., etc. The global demand for coal has increased significantly over the past few years owing to rapid urbanization and industrialization in developing countries such as China India Japan etc. This trend is likely to continue over the forecast period thus driving product demand globally from 2018 to 2030.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. These countries are witnessing strong economic growth owing to increasing industrial activities across a broad range of industries. This has resulted in high demand for industrial maintenance paints in recent years.
China was one of the largest markets for industrial maintenance coatings globally as it accounted for more than 30% of total consumption volume share in 2017 due to rapid infrastructural development along with growing manufacturing sector across various industries such as automotive and electrical & electronics among others.
Growth Factors:
- Increasing demand from the end-use industries: The industrial maintenance coating market is witnessing a rise in demand from the end-use industries, owing to the increasing need for corrosion protection and durability. This is driving the growth of the market.
- Growing awareness about benefits of coatings: There is a growing awareness among consumers about the benefits of using coatings, which is propelling the growth of this market.
- Technological advancements: The industrial maintenance coating market is witnessing rapid technological advancements, which are helping manufacturers to offer better products and services to their customers. This is aiding in fuelling the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Maintenance Coating Market Research Report
By Type
Epoxy, Polyurethane, Acrylic, Alkyd
By Application
Energy and Power, Transportation, Chemical, Metal Processing, Construction, Others
By Companies
Akzo Nobel N.V., Jotun A/S, Ppg Industries Inc., Sherwin-Williams Company, Nippon Paint Holdings Co. Ltd., Kansai Paint Co. Ltd., Rpm International Inc., Tikkurila Oyj, Hempel A/S, Axalta Coating Systems, LLC, Monarch Industrial Products (I) Pvt. Ltd., Goa Paints, Continental Coatings Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Maintenance Coating Market Report Segments:
The global Industrial Maintenance Coating market is segmented on the basis of:
Types
Epoxy, Polyurethane, Acrylic, Alkyd
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy and Power, Transportation, Chemical, Metal Processing, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Akzo Nobel N.V.
- Jotun A/S
- Ppg Industries Inc.
- Sherwin-Williams Company
- Nippon Paint Holdings Co. Ltd.
- Kansai Paint Co. Ltd.
- Rpm International Inc.
- Tikkurila Oyj
- Hempel A/S
- Axalta Coating Systems, LLC
- Monarch Industrial Products (I) Pvt. Ltd.
- Goa Paints
- Continental Coatings Inc.
Highlights of The Industrial Maintenance Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- By Application:
- Energy and Power
- Transportation
- Chemical
- Metal Processing
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Maintenance Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial maintenance coating is a type of protective coating that is used to prevent corrosion and other damage to metal surfaces. It can also help improve the appearance of metal surfaces.
Some of the major companies in the industrial maintenance coating market are Akzo Nobel N.V., Jotun A/S, Ppg Industries Inc., Sherwin-Williams Company, Nippon Paint Holdings Co. Ltd., Kansai Paint Co. Ltd., Rpm International Inc., Tikkurila Oyj, Hempel A/S, Axalta Coating Systems, LLC, Monarch Industrial Products (I) Pvt. Ltd., Goa Paints, Continental Coatings Inc..
The industrial maintenance coating market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Maintenance Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Maintenance Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Maintenance Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Maintenance Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Maintenance Coating Market Size & Forecast, 2018-2028
4.5.1 Industrial Maintenance Coating Market Size and Y-o-Y Growth
4.5.2 Industrial Maintenance Coating Market Absolute $ Opportunity
Chapter 5 Global Industrial Maintenance Coating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Maintenance Coating Market Size Forecast by Type
5.2.1 Epoxy
5.2.2 Polyurethane
5.2.3 Acrylic
5.2.4 Alkyd
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Maintenance Coating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Maintenance Coating Market Size Forecast by Applications
6.2.1 Energy and Power
6.2.2 Transportation
6.2.3 Chemical
6.2.4 Metal Processing
6.2.5 Construction
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Maintenance Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Maintenance Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Maintenance Coating Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Maintenance Coating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Maintenance Coating Market Size Forecast by Type
9.6.1 Epoxy
9.6.2 Polyurethane
9.6.3 Acrylic
9.6.4 Alkyd
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Maintenance Coating Market Size Forecast by Applications
9.10.1 Energy and Power
9.10.2 Transportation
9.10.3 Chemical
9.10.4 Metal Processing
9.10.5 Construction
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Maintenance Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Maintenance Coating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Maintenance Coating Market Size Forecast by Type
10.6.1 Epoxy
10.6.2 Polyurethane
10.6.3 Acrylic
10.6.4 Alkyd
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Maintenance Coating Market Size Forecast by Applications
10.10.1 Energy and Power
10.10.2 Transportation
10.10.3 Chemical
10.10.4 Metal Processing
10.10.5 Construction
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Maintenance Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Maintenance Coating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Maintenance Coating Market Size Forecast by Type
11.6.1 Epoxy
11.6.2 Polyurethane
11.6.3 Acrylic
11.6.4 Alkyd
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Maintenance Coating Market Size Forecast by Applications
11.10.1 Energy and Power
11.10.2 Transportation
11.10.3 Chemical
11.10.4 Metal Processing
11.10.5 Construction
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Maintenance Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Maintenance Coating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Maintenance Coating Market Size Forecast by Type
12.6.1 Epoxy
12.6.2 Polyurethane
12.6.3 Acrylic
12.6.4 Alkyd
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Maintenance Coating Market Size Forecast by Applications
12.10.1 Energy and Power
12.10.2 Transportation
12.10.3 Chemical
12.10.4 Metal Processing
12.10.5 Construction
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Maintenance Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Maintenance Coating Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Maintenance Coating Market Size Forecast by Type
13.6.1 Epoxy
13.6.2 Polyurethane
13.6.3 Acrylic
13.6.4 Alkyd
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Maintenance Coating Market Size Forecast by Applications
13.10.1 Energy and Power
13.10.2 Transportation
13.10.3 Chemical
13.10.4 Metal Processing
13.10.5 Construction
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Maintenance Coating Market: Competitive Dashboard
14.2 Global Industrial Maintenance Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akzo Nobel N.V.
14.3.2 Jotun A/S
14.3.3 Ppg Industries Inc.
14.3.4 Sherwin-Williams Company
14.3.5 Nippon Paint Holdings Co. Ltd.
14.3.6 Kansai Paint Co. Ltd.
14.3.7 Rpm International Inc.
14.3.8 Tikkurila Oyj
14.3.9 Hempel A/S
14.3.10 Axalta Coating Systems, LLC
14.3.11 Monarch Industrial Products (I) Pvt. Ltd.
14.3.12 Goa Paints
14.3.13 Continental Coatings Inc.
