The global Industrial maintenance coatings market is estimated to reach value of USD 5.23 Billion by 2027, according to a current analysis by Emergen Research. Increase in the demand for eco-friendly coatings is driving the market. Rising demand for durable and efficient coatings, with better mechanical properties, along with the need for reduction in regular maintenance, is projected to drive the market during the forecast period.

Furthermore, the report is further updated with the latest market scenario pertaining to the aftereffects of the COVID-19 pandemic. The pandemic has affected every segment of life by inducing financial difficulties and disrupting supply chains, thereby dynamically affecting the business sphere. The report assesses the comprehensive impact of the pandemic on the Industrial Maintenance Coatings market and the key segments of the industry. It also offers a current and future assessment of the impact of the pandemic on the Industrial Maintenance Coatings market.

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Key Highlights of Report

• Acrylic resin is available in aqueous and solvent-based systems. These resins are also known for their good oxidative property and UV stability. It offers ideal resistance to extreme environmental conditions and enables rapid setting.
• The energy & power segment is likely to continue to expand rapidly during the forecast period, as there exists high demand for industrial maintenance coatings in applications such as flares, chimneys, and storage tanks
• Key market participants include Jotun A/S, Akzo Nobel N.V., The Sherwin-Williams Company, PPG Industries Inc., Kansai Paint Co., Ltd., Nippon Paint Holdings Co., Ltd., Tikkurila OYJ, RPM International Inc., Hempel A/S, and Axalta Coating Systems, LLC

Industrial Maintenance Coatings Market Segmentation:

For the purpose of this report, Emergen Research has segmented the global industrial maintenance coatings market based on technology, resin type, end-use industry, and region as follows:

• Technology Outlook (Revenue, USD Billion; 2017–2027)
  • Water-based
  • Solvent-based
  • Powder
  • 100% Solids
  • Others (UV- and EB-cured Technology)
• Resin Type Outlook (Revenue, USD Billion; 2017–2027)
  • Polyurethane
  • Epoxy
  • Acrylic
  • Alkyd
  • Others
• End-use Industry Outlook (Revenue, USD Billion; 2017–2027)
  • Energy & Power
  • Transportation
  • Metal Processing
  • Construction
  • Chemical
  • Others

Key Geographical Segments:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Exhaustive Analysis of the Competitive Landscape of the Global Industrial Maintenance Coatings Market:

• The global Industrial Maintenance Coatings market report zeroes in on the overall competitive scope of this industry vertical.
• The study provides detailed product information, alongside their specifications and prime applications.
• The study entails various pricing models and profit returns accrued, outlined by the key contenders across the market.
• The report enlists a wide array of strategic initiatives, for example, recent business deals, collaborations, joint ventures, mergers & acquisitions, product launches, and technological upgradation.
• The inference of the report comprises an exhaustive study of the key players of the market.

Table of Content
Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope 
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Industrial Maintenance Coatings Market Segmentation & Impact Analysis
    4.1. Industrial Maintenance Coatings Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. High demand for extended product lifetime and reduced maintenance
                    4.2.2.2. Increasing demand for environment-friendly coatings
          4.2.3. Market restraints analysis
                    4.2.3.1. Difficulty in obtaining thin films in powder coatings
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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