Industrial Maintenance Coatings Market by Technology (Solvent-based, Water-based, Powder & Others), Resin Type (Epoxy, PU, Acrylic, Alkyd & Others), End-use Industry and Region (North America, Europe, Asia Pacific, South America & Middle East & Africa) - Global Forecast to 2025
The industrial coatings market size is expected to grow from USD 4.0 billion in 2020 to USD 4.9 billion by 2025, at a CAGR of 4.0% during the forecast period. The increasing demand for environmentally-friendly coatings, the need for efficient process and durable coatings with better mechanial properties, need to reduce maintenance and growing demand from the Asia Pacific region are expected to drive the industrial maintenance coatings market. However, difficulty in obtaining thin films in powder coatings and the requirement of more drying time for water-based coatings are the major restraining factors for the market.
Acrylic resin-based industrial maintenance coatings have high demand, especially in the automotive industry, owing to stringent environmental regulations and the high corrosion resistance of these coatings. Apart from automotive, consumer appliances is the major end-use industry of these coatings. The coatings based on acrylic resins are also being used in wood, transportation, marine, and general industrial applications.
“Powder-based industrial maintenance coatings are expected to be the fastest-growing technology during the forecast period”
Powder-based industrial coatings are highly efficient with over 98% powder overspray recoverability, more resistant to chipping, scratching, fading, and wearing than other finishes. This process releases negligible VOC into the environment and takes less cure time beyond the cool-down period. Powder-based industrial coatings emit low levels of VOCs, providing superior performance and cost efficiency for applications that require maximum abrasion resistance, and hardness.
“Increasing consumption of industrial coatings in oil and gas industry is expected to fuel the demand for industrial coatings”
The oil & gas industry, that falls under the energy & power sub-segment, is the largest end-user industry of industrial maintenance coatings. Increasing application of industrial maintenance coatings as protective coatings are used to protect the surface of materials from oil, chemicals, light, water, high-temperature fluctuations, and so on are the factors to drive the market growth over the forecast period.
“Asia Pacific is expected to register the highest growth during the forecast period”
Asia Pacific has emerged as the leading consumer and producer of industrial maintenance coatings due to the growing manufacturing sector in all major economies of the region. Also, the presence of many large, as well as small industrial maintenance coatings producers, is driving the market in the region. The demand for industrial maintenance coatings in APAC is driven majorly by consumption in China. Other Asia Pacific countries such as Vietnam and India are also witnessing significant investments in the automotive and marine sectors to cater to the demand.
Profile break-up of primary participants for the report:
Research Coverage:
The market study covers the industrial maintenance coatings market across segments. It aims at estimating the market size and the growth potential of this market, across different segments based on resin type, technology, end-use industry, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy the Report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall industrial maintenance coatings market and the subsegments. This report will also help them understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. Furthermore, the stakeholders can understand the pulse of the market and obtain information about key market drivers, restraints, challenges, and opportunities in the market.
Acrylic resin-based industrial maintenance coatings have high demand, especially in the automotive industry, owing to stringent environmental regulations and the high corrosion resistance of these coatings. Apart from automotive, consumer appliances is the major end-use industry of these coatings. The coatings based on acrylic resins are also being used in wood, transportation, marine, and general industrial applications.
“Powder-based industrial maintenance coatings are expected to be the fastest-growing technology during the forecast period”
Powder-based industrial coatings are highly efficient with over 98% powder overspray recoverability, more resistant to chipping, scratching, fading, and wearing than other finishes. This process releases negligible VOC into the environment and takes less cure time beyond the cool-down period. Powder-based industrial coatings emit low levels of VOCs, providing superior performance and cost efficiency for applications that require maximum abrasion resistance, and hardness.
“Increasing consumption of industrial coatings in oil and gas industry is expected to fuel the demand for industrial coatings”
The oil & gas industry, that falls under the energy & power sub-segment, is the largest end-user industry of industrial maintenance coatings. Increasing application of industrial maintenance coatings as protective coatings are used to protect the surface of materials from oil, chemicals, light, water, high-temperature fluctuations, and so on are the factors to drive the market growth over the forecast period.
“Asia Pacific is expected to register the highest growth during the forecast period”
Asia Pacific has emerged as the leading consumer and producer of industrial maintenance coatings due to the growing manufacturing sector in all major economies of the region. Also, the presence of many large, as well as small industrial maintenance coatings producers, is driving the market in the region. The demand for industrial maintenance coatings in APAC is driven majorly by consumption in China. Other Asia Pacific countries such as Vietnam and India are also witnessing significant investments in the automotive and marine sectors to cater to the demand.
Profile break-up of primary participants for the report:
- By company type: Tier 1 – 16%, Tier 2 – 36%, and Others – 48%
- By designation: C Level – 16%, Director Level – 24%, and Others – 60%
- By region: Europe – 36%, North America – 24%, Asia Pacific – 20%, the Middle East & Africa – 12%, and South America – 8%
Research Coverage:
The market study covers the industrial maintenance coatings market across segments. It aims at estimating the market size and the growth potential of this market, across different segments based on resin type, technology, end-use industry, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy the Report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall industrial maintenance coatings market and the subsegments. This report will also help them understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. Furthermore, the stakeholders can understand the pulse of the market and obtain information about key market drivers, restraints, challenges, and opportunities in the market.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 MARKET DEFINITION AND SCOPE
2.2 BASE NUMBER CALCULATION
FIGURE 1 BASE NUMBER CALCULATION APPROACH 1
FIGURE 2 BASE NUMBER CALCULATION APPROACH 2
2.3 FORECAST NUMBER CALCULATION
2.4 MARKET ENGINEERING PROCESS
2.4.1 TOP-DOWN APPROACH
FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.4.2 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.5 RESEARCH DATA
FIGURE 5 INDUSTRIAL MAINTENANCE COATINGS MARKET: RESEARCH DESIGN
2.5.1 SECONDARY DATA
2.5.1.1 Key data from secondary sources
2.5.2 PRIMARY DATA
2.5.2.1 Key data from primary sources
2.5.2.2 Key industry insights
2.5.2.3 Breakdown of primary interviews
2.6 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.7 ASSUMPTIONS & LIMITATIONS
2.7.1 RESEARCH ASSUMPTIONS
2.7.2 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
TABLE 1 INDUSTRIAL COATINGS MARKET SNAPSHOT, 2020 VS. 2025
FIGURE 7 EPOXY WAS THE LARGEST SEGMENT, BY RESIN TYPE, OF THE INDUSTRIAL MAINTENANCE COATINGS MARKET IN 2019
FIGURE 8 SOLVENT-BASED TO BE THE LARGEST TECHNOLOGY SEGMENT
DURING THE FORECAST PERIOD
FIGURE 9 ASIA PACIFIC TO LEAD THE INDUSTRIAL COATINGS MARKET
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE INDUSTRIAL MAINTENANCE COATINGS MARKET
FIGURE 10 EMERGING ECONOMIES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES
FOR MARKET PLAYERS
4.2 INDUSTRIAL COATINGS MARKET, BY RESIN TYPE
FIGURE 11 ACRYLIC RESIN TO REGISTER THE HIGHEST CAGR OVER
THE FORECAST PERIOD
4.3 INDUSTRIAL MAINTENANCE COATINGS MARKET, DEVELOPED VS.
DEVELOPING COUNTRIES
FIGURE 12 DEVELOPING COUNTRIES TO GROW FASTER THAN
THE DEVELOPED COUNTRIES
4.4 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY END-USE INDUSTRY
AND KEY COUNTRY
FIGURE 13 ENERGY & POWER SEGMENT TO ACCOUNT FOR
THE LARGEST MARKET SHARE
4.5 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY MAJOR COUNTRIES
FIGURE 14 CHINA TO REGISTER THE HIGHEST CAGR IN THE MARKET
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE INDUSTRIAL MAINTENANCE COATINGS MARKET
5.2.1 DRIVERS
5.2.1.1 High demand for extended product lifetime and
reduced maintenance
5.2.1.2 Inclination of facility managers in having an effective coating maintenance plan
5.2.1.3 Increasing demand for environment-friendly coatings
5.2.1.4 Need for efficient processes and durable coatings with
enhanced esthetics
5.2.2 RESTRAINTS
5.2.2.1 Difficulty in obtaining thin films in powder coatings
5.2.2.2 Requirement of higher drying period for water-based coatings
5.2.3 OPPORTUNITIES
5.2.3.1 Attractive opportunities for powder coatings in shipbuilding and pipeline sectors
5.2.3.2 Increasing use of nano-coatings
5.2.4 CHALLENGES
5.2.4.1 Stringent regulatory policies
TABLE 2 ALLOWABLE VOC CONTENT BY THE OZONE TRANSPORT
COMMISSION (OTC), (GRAMS/LITER)
5.2.4.2 Meeting performance standards set by conventional
solvent-borne technologies
5.2.4.3 Susceptibility of end users in the adoption of new technologies
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 16 LOW THREAT OF BACKWARD INTEGRATION FROM BUYERS IN THE INDUSTRIAL MAINTENANCE COATINGS MARKET
5.3.1 THREAT OF SUBSTITUTES
5.3.2 BARGAINING POWER OF BUYERS
5.3.3 THREAT OF NEW ENTRANTS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 PATENT ANALYSIS
6 COVID-19 IMPACT ON THE INDUSTRIAL MAINTENANCE COATINGS MARKET
6.1 VALUE CHAIN OF THE INDUSTRIAL MAINTENANCE COATINGS INDUSTRY
FIGURE 17 INDUSTRIAL MAINTENANCE COATINGS VALUE CHAIN
FIGURE 18 INDUSTRIAL MAINTENANCE COATINGS VALUE CHAIN:
PLAYERS AT EACH NODE
6.2 IMPACT ON VALUE CHAIN
6.2.1 RAW MATERIALS/SUPPLIERS
6.2.1.1 Impact of COVID-19 on Raw Materials and Suppliers
6.2.1.1.1 Resins
6.2.1.1.2 Pigments
6.2.1.1.3 Solvents
6.2.2 INDUSTRIAL MAINTENANCE COATINGS FORMULATORS
6.2.2.1 Impact of COVID-19 on Formulators
6.2.3 DISTRIBUTORS
TABLE 3 DISTRIBUTORS: OFFERINGS AND SERVICES
6.2.3.1 Impact of COVID-19 on Distributors
6.2.4 END-USE INDUSTRIES
6.2.4.1 Impact of COVID-19 on End-Use Industries
6.3 CUSTOMER ANALYSIS
6.3.1 SHIFT IN THE AUTOMOTIVE INDUSTRY
6.3.1.1 Most-impacted regions
6.3.1.2 Customers’ perspective on the growth outlook
6.4 SHIFT IN THE AEROSPACE INDUSTRY
6.4.1 DISRUPTION IN THE INDUSTRY
6.4.2 IMPACT ON CUSTOMERS’ OUTPUT AND STRATEGIES TO
RESUME/IMPROVE PRODUCTION
6.4.3 IMPACT ON CUSTOMERS’ REVENUES
6.4.3.1 Most-impacted regions
6.4.4 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES
6.4.4.1 Measures taken by customers
6.4.4.2 Customers’ perspective on the growth outlook
7 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 19 SOLVENT-BASED TO BE THE LARGEST TECHNOLOGY IN 2019
TABLE 4 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 5 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
7.2 SOLVENT-BASED
7.2.1 OUTSTANDING PHYSICAL PROPERTIES EXPECTED TO DRIVE THE DEMAND FOR SOLVENT-BASED TECHNOLOGY
TABLE 6 SOLVENT-BASED INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION 2018–2025 (KILOTON)
TABLE 7 SOLVENT-BASED INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.3 WATER-BASED
7.3.1 LOW TOXICITY AND FLAMMABILITY DUE TO LOW VOC LEVELS BOOSTING THE DEMAND FOR WATER-BASED INDUSTRIAL MAINTENANCE COATINGS
TABLE 8 WATER-BASED INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 9 WATER-BASED INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.4 POWDER
7.4.1 SUPERIOR PERFORMANCE AND EXCELLENT PROPERTIES OF POWDER TECHNOLOGY DRIVING DEMAND
TABLE 10 POWDER INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 11 POWDER INDUSTRIAL COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.5 100% SOLIDS
7.5.1 LACK OF VOC MAKES 100% SOLIDS IDEAL FOR USE IN RAILROAD TANK CARS
TABLE 12 100% SOLIDS INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 13 100% SOLIDS INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.6 OTHERS
TABLE 14 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, IN OTHER TECHNOLOGIES, BY REGION, 2018–2025 (KILOTON)
TABLE 15 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, IN OTHER TECHNOLOGIES, BY REGION, 2018–2025 (USD MILLION)
8 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY RESIN TYPE
8.1 INTRODUCTION
FIGURE 20 EPOXY-BASED RESIN TO BE THE LARGEST SEGMENT IN 2020
TABLE 16 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 17 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
8.2 EPOXY
8.2.1 GOOD DIMENSIONAL STABILITY ALONG WITH EXCELLENT ELECTRICAL CONDUCTIVITY BOOSTING THE DEMAND FOR EPOXY RESINS
TABLE 18 EPOXY INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 19 EPOXY INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.3 POLYURETHANE
8.3.1 HIGH DEMAND FOR POLYURETHANE RESINS IN
HIGH-PERFORMANCE APPLICATION
TABLE 20 POLYURETHANE INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 21 POLYURETHANE INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.4 ACRYLIC
8.4.1 OUTSTANDING PHYSICAL PROPERTIES ARE EXPECTED TO DRIVE THE DEMAND FOR ACRYLIC RESINS
TABLE 22 ACRYLIC INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 23 ACRYLIC INDUSTRIAL COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.5 ALKYD
8.5.1 HIGH DURABILITY AND GOOD DRYING CHARACTERISTICS ARE THE REASONS FOR THE GROWTH OF ALKYD RESINS
TABLE 24 ALKYD INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 25 ALKYD INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.6 OTHERS
TABLE 26 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR OTHER RESIN TYPES, BY REGION, 2018–2025 (KILOTON)
TABLE 27 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR OTHER RESIN TYPES, BY REGION, 2018–2025 (USD MILLION)
9 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
FIGURE 21 ENERGY AND POWER WAS THE LARGEST END-USER INDUSTRY IN 2019
TABLE 28 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
TABLE 29 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
9.2 ENERGY & POWER
9.2.1 CHALLENGING CONDITIONS IN THE ENERGY AND POWER SECTOR MANDATING THE USE OF INDUSTRIAL MAINTENANCE COATINGS
9.2.1.1 Properties of industrial maintenance coatings used in the
energy and power sector
9.2.1.2 Applications of industrial maintenance coatings used in the energy and power sector
TABLE 30 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR
ENERGY AND POWER, BY REGION, 2018–2025 (KILOTON)
TABLE 31 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR
ENERGY AND POWER, BY REGION, 2018–2025 (USD MILLION)
9.3 TRANSPORTATION
9.3.1 USE OF INDUSTRIAL MAINTENANCE COATINGS TO DRIVE THE OVERALL TRANSPORTATION SEGMENT
9.3.1.1 Marine
9.3.1.2 Aerospace
9.3.1.3 Rail
9.3.1.4 Automotive refinish
TABLE 32 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR TRANSPORTATION, BY REGION, 2018–2025 (KILOTON)
TABLE 33 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR TRANSPORTATION, BY REGION, 2018–2025 (USD MILLION)
9.4 CHEMICAL
9.4.1 SUPERIOR PERFORMANCE AND EXCELLENT PROPERTIES OF POWDER TECHNOLOGY DRIVING DEMAND
TABLE 34 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR CHEMICALS, BY REGION, 2018–2025 (KILOTON)
TABLE 35 INDUSTRIAL COATINGS MARKET SIZE FOR CHEMICALS, BY REGION, 2018–2025 (USD MILLION)
9.5 METAL PROCESSING
9.5.1 STEEL PLANTS DUE TO EXTREME OPERATING CONDITIONS TO DRIVE DEMAND
TABLE 36 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR METAL PROCESSING, BY REGION, 2018–2025 (KILOTON)
TABLE 37 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE IN METAL PROCESSING, BY REGION, 2018–2025 (USD MILLION)
9.6 CONSTRUCTION
TABLE 38 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR CONSTRUCTION, BY REGION, 2018–2025 (KILOTON)
TABLE 39 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR CONSTRUCTION, BY REGION, 2018–2025 (USD MILLION)
9.7 OTHERS
TABLE 40 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR OTHER INDUSTRIES, BY REGION, 2018–2025 (KILOTON)
TABLE 41 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR OTHER INDUSTRIES, BY REGION, 2018–2025 (USD MILLION)
10 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 22 GEOGRAPHIC SNAPSHOT
TABLE 42 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 43 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 44 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 45 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 46 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 47 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 48 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 49 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.2 ASIA PACIFIC
10.2.1 IMPACT OF COVID-19 ON ASIA PACIFIC
FIGURE 23 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SNAPSHOT
TABLE 50 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 51 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 52 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 53 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 54 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 55 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 56 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 57 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.2.2 CHINA
10.2.2.1 High civil infrastructural activities to drive the industrial maintenance coatings market in China
TABLE 58 CHINA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.2.3 JAPAN
10.2.3.1 Japan, as a major automotive hub, expected to spur the demand for industrial maintenance coatings
TABLE 59 JAPAN: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.2.4 INDIA
10.2.4.1 Enhanced infrastructural activities to fuel the industrial maintenance coatings market growth
TABLE 60 INDIA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.2.5 SOUTH KOREA
10.2.5.1 Increasing penetration of Japanese carmakers to benefit the industrial maintenance coatings market
TABLE 61 SOUTH KOREA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.2.6 REST OF ASIA PACIFIC
TABLE 62 REST OF ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3 EUROPE
10.3.1 IMPACT OF COVID-19 ON EUROPE
FIGURE 24 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SNAPSHOT
TABLE 63 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 64 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 65 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 66 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 67 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 68 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 69 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 70 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.3.2 GERMANY
10.3.2.1 High energy consumption in Germany to enhance industrial maintenance coatings market during the forecast period
TABLE 71 GERMANY: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.3 RUSSIA
10.3.3.1 Increased requirement for power generation in the country expected to boost the industrial maintenance coatings market
TABLE 72 RUSSIA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.4 ITALY
10.3.4.1 The manufacturing industry is expected to fuel the growth of the industrial maintenance coatings market
TABLE 73 ITALY: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.5 TURKEY
10.3.5.1 Country’s dependence on natural gas supply impacting the market growth of industrial maintenance coatings
TABLE 74 TURKEY: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.6 FRANCE
10.3.6.1 Strong chemical industry expected to drive the demand for industrial maintenance coatings
TABLE 75 FRANCE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.7 UK
10.3.7.1 Established automotive sector to enhance the demand for industrial maintenance coatings in the UK
TABLE 76 UK: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.8 SPAIN
10.3.8.1 Strong power generation and automotive sectors are expected to drive the industrial maintenance coatings market
TABLE 77 SPAIN: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.9 REST OF EUROPE
TABLE 78 REST OF EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.4 NORTH AMERICA
10.4.1 IMPACT OF COVID-19 ON NORTH AMERICA
FIGURE 25 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS
MARKET SNAPSHOT
TABLE 79 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 80 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 81 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 82 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 83 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 84 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 85 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 86 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.4.2 US
10.4.2.1 Presence of major manufacturers in the oil& gas sector fueling the growth of the industrial maintenance coatings market
TABLE 87 US: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.4.3 MEXICO
10.4.3.1 Major expansion plans in the oil & gas sector expected to boost the industrial maintenance coatings market
TABLE 88 MEXICO: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.4.4 CANADA
10.4.4.1 Strong automotive sector boosting the demand for industrial maintenance coatings
TABLE 89 CANADA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.5 MIDDLE EAST & AFRICA
10.5.1 IMPACT OF COVID-19 ON THE MIDDLE EAST & AFRICA
TABLE 90 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 91 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 92 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 93 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 94 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 95 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 96 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 97 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.5.2 SAUDI ARABIA
10.5.2.1 Upgrading infrastructure fueling the growth of the industrial maintenance coatings market
TABLE 98 SAUDI ARABIA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.5.3 UAE
10.5.3.1 Presence of major manufacturers in industrial maintenance coatings market to drive growth
TABLE 99 UAE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.5.4 SOUTH AFRICA
10.5.4.1 The surge in demand for industrial coated products is expected to drive the market
TABLE 100 SOUTH AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018– 2025 (USD MILLION) (KILOTON)
10.5.5 REST OF THE MIDDLE EAST & AFRICA
TABLE 101 REST OF THE MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.6 SOUTH AMERICA
10.6.1 IMPACT OF COVID-19 ON SOUTH AMERICA
TABLE 102 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 103 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 104 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 105 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 106 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 107 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 108 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 109 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.6.2 BRAZIL
10.6.2.1 Presence of a major oil & gas manufacturer driving the growth of the industrial maintenance coatings market
TABLE 110 BRAZIL: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.6.3 ARGENTINA
10.6.3.1 The favorable automotive industry outlook is facilitating the growth of the industrial maintenance coatings market
TABLE 111 ARGENTINA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.6.4 REST OF SOUTH AMERICA
TABLE 112 REST OF SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
FIGURE 26 COMPANIES ADOPTED ORGANIC AND INORGANIC GROWTH STRATEGIES BETWEEN JANUARY 2017 AND SEPTEMBER 2020
11.2 MARKET EVALUATION FRAMEWORK
FIGURE 27 MARKET EVALUATION FRAMEWORK: 2020 SAW CAPACITY EXPANSIONS LEADING THIS SPACE
11.3 MARKET SHARE ANALYSIS
11.3.1 MARKET SHARE ANALYSIS OF TOP PLAYERS IN THE INDUSTRIAL MAINTENANCE COATINGS MARKET
FIGURE 28 RANKING OF KEY MARKET PLAYERS
FIGURE 29 REVENUE ANALYSIS OF LEADING COMPANIES IN THE INDUSTRIAL MAINTENANCE COATINGS MARKET, 2015-2019
11.4 COMPANY EVALUATION QUADRANT MATRIX DEFINITIONS AND METHODOLOGY, 2019
11.4.1 STAR
11.4.2 EMERGING LEADERS
11.4.3 PERVASIVE
11.4.4 PARTICIPANTS
FIGURE 30 INDUSTRIAL MAINTENANCE COATINGS MARKET (GLOBAL)
COMPETITIVE LANDSCAPE MAPPING, 2019
11.5 STRENGTH OF PRODUCT PORTFOLIOS
FIGURE 31 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN INDUSTRIAL MAINTENANCE COATINGS MARKET
11.6 BUSINESS STRATEGY EXCELLENCE
FIGURE 32 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN INDUSTRIAL MAINTENANCE COATINGS MARKET
11.7 SME MATRIX, 2019
11.7.1 STAR
11.7.2 EMERGING COMPANIES
11.7.3 PERVASIVE
11.7.4 EMERGING LEADERS
FIGURE 33 INDUSTRIAL MAINTENANCE COATINGS MARKET: EMERGING COMPANIES COMPETITIVE LEADERSHIP MAPPING, 2019
11.8 KEY MARKET DEVELOPMENTS
TABLE 113 DEALS, 2017–2020
TABLE 114 PRODUCT LAUNCHES, 2018–2020
TABLE 115 OTHERS, 2017–2020
12 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, MnM View, and Impact of COVID-19)*
12.1 AKZO NOBEL N.V.
FIGURE 34 AKZO NOBEL N.V.: COMPANY SNAPSHOT
FIGURE 35 AKZO NOBEL N.V.: SWOT ANALYSIS
12.2 JOTUN A/S
FIGURE 36 JOTUN A/S: COMPANY SNAPSHOT
FIGURE 37 JOTUN A/S: SWOT ANALYSIS
12.3 PPG INDUSTRIES INC.
FIGURE 38 PPG INDUSTRIES INC.: COMPANY SNAPSHOT
FIGURE 39 PPG INDUSTRIES, INC.: SWOT ANALYSIS
12.4 THE SHERWIN-WILLIAMS COMPANY
FIGURE 40 THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT
FIGURE 41 THE SHERWIN-WILLIAMS COMPANY: SWOT ANALYSIS
12.5 NIPPON PAINT HOLDINGS CO., LTD.
FIGURE 42 NIPPON PAINT HOLDINGS CO., LTD.: COMPANY SNAPSHOT
12.6 KANSAI PAINT CO., LTD.
FIGURE 43 KANSAI PAINT CO., LTD.: COMPANY SNAPSHOT
12.7 RPM INTERNATIONAL INC.
FIGURE 44 RPM INTERNATIONAL INC.: COMPANY SNAPSHOT
12.8 TIKKURILA OYJ
FIGURE 45 TIKKURILA OYJ: COMPANY SNAPSHOT
12.9 HEMPEL A/S
FIGURE 46 HEMPEL A/S: COMPANY SNAPSHOT
12.10 AXALTA COATING SYSTEMS, LLC
FIGURE 47 AXALTA COATING SYSTEMS, LLC: COMPANY SNAPSHOT
FIGURE 48 AXALTA COATING SYSTEMS, LLC: SWOT ANALYSIS
12.11 AREMCO PRODUCTS INC.
12.12 MONARCH INDUSTRIAL PRODUCTS (I) PVT. LTD.
12.13 GOA PAINTS
12.14 CONTINENTAL COATINGS INC.
*(Business Overview, Products Offered, Recent Developments, MnM View, and Impact of COVID-19 might not be captured in case of unlisted companies.
12.15 OTHER PLAYERS
12.15.1 TEKNOS GROUP
12.15.2 NOROO PAINT & COATINGS
12.15.3 WEILBURGER
12.15.4 THE CHEMOURS COMPANY
12.15.5 THE VALSPAR CORPORATION
12.15.6 WHITFORD CORPORATION
12.15.7 BELZONA INTERNATIONAL LTD.
12.15.8 CHEMCO INTERNATIONAL LTD.
12.15.9 GENERAL MAGNAPLATE CORPORATION
12.15.10 SIKA AG
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 MARKET DEFINITION AND SCOPE
2.2 BASE NUMBER CALCULATION
FIGURE 1 BASE NUMBER CALCULATION APPROACH 1
FIGURE 2 BASE NUMBER CALCULATION APPROACH 2
2.3 FORECAST NUMBER CALCULATION
2.4 MARKET ENGINEERING PROCESS
2.4.1 TOP-DOWN APPROACH
FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.4.2 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.5 RESEARCH DATA
FIGURE 5 INDUSTRIAL MAINTENANCE COATINGS MARKET: RESEARCH DESIGN
2.5.1 SECONDARY DATA
2.5.1.1 Key data from secondary sources
2.5.2 PRIMARY DATA
2.5.2.1 Key data from primary sources
2.5.2.2 Key industry insights
2.5.2.3 Breakdown of primary interviews
2.6 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.7 ASSUMPTIONS & LIMITATIONS
2.7.1 RESEARCH ASSUMPTIONS
2.7.2 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
TABLE 1 INDUSTRIAL COATINGS MARKET SNAPSHOT, 2020 VS. 2025
FIGURE 7 EPOXY WAS THE LARGEST SEGMENT, BY RESIN TYPE, OF THE INDUSTRIAL MAINTENANCE COATINGS MARKET IN 2019
FIGURE 8 SOLVENT-BASED TO BE THE LARGEST TECHNOLOGY SEGMENT
DURING THE FORECAST PERIOD
FIGURE 9 ASIA PACIFIC TO LEAD THE INDUSTRIAL COATINGS MARKET
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE INDUSTRIAL MAINTENANCE COATINGS MARKET
FIGURE 10 EMERGING ECONOMIES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES
FOR MARKET PLAYERS
4.2 INDUSTRIAL COATINGS MARKET, BY RESIN TYPE
FIGURE 11 ACRYLIC RESIN TO REGISTER THE HIGHEST CAGR OVER
THE FORECAST PERIOD
4.3 INDUSTRIAL MAINTENANCE COATINGS MARKET, DEVELOPED VS.
DEVELOPING COUNTRIES
FIGURE 12 DEVELOPING COUNTRIES TO GROW FASTER THAN
THE DEVELOPED COUNTRIES
4.4 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY END-USE INDUSTRY
AND KEY COUNTRY
FIGURE 13 ENERGY & POWER SEGMENT TO ACCOUNT FOR
THE LARGEST MARKET SHARE
4.5 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY MAJOR COUNTRIES
FIGURE 14 CHINA TO REGISTER THE HIGHEST CAGR IN THE MARKET
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE INDUSTRIAL MAINTENANCE COATINGS MARKET
5.2.1 DRIVERS
5.2.1.1 High demand for extended product lifetime and
reduced maintenance
5.2.1.2 Inclination of facility managers in having an effective coating maintenance plan
5.2.1.3 Increasing demand for environment-friendly coatings
5.2.1.4 Need for efficient processes and durable coatings with
enhanced esthetics
5.2.2 RESTRAINTS
5.2.2.1 Difficulty in obtaining thin films in powder coatings
5.2.2.2 Requirement of higher drying period for water-based coatings
5.2.3 OPPORTUNITIES
5.2.3.1 Attractive opportunities for powder coatings in shipbuilding and pipeline sectors
5.2.3.2 Increasing use of nano-coatings
5.2.4 CHALLENGES
5.2.4.1 Stringent regulatory policies
TABLE 2 ALLOWABLE VOC CONTENT BY THE OZONE TRANSPORT
COMMISSION (OTC), (GRAMS/LITER)
5.2.4.2 Meeting performance standards set by conventional
solvent-borne technologies
5.2.4.3 Susceptibility of end users in the adoption of new technologies
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 16 LOW THREAT OF BACKWARD INTEGRATION FROM BUYERS IN THE INDUSTRIAL MAINTENANCE COATINGS MARKET
5.3.1 THREAT OF SUBSTITUTES
5.3.2 BARGAINING POWER OF BUYERS
5.3.3 THREAT OF NEW ENTRANTS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 PATENT ANALYSIS
6 COVID-19 IMPACT ON THE INDUSTRIAL MAINTENANCE COATINGS MARKET
6.1 VALUE CHAIN OF THE INDUSTRIAL MAINTENANCE COATINGS INDUSTRY
FIGURE 17 INDUSTRIAL MAINTENANCE COATINGS VALUE CHAIN
FIGURE 18 INDUSTRIAL MAINTENANCE COATINGS VALUE CHAIN:
PLAYERS AT EACH NODE
6.2 IMPACT ON VALUE CHAIN
6.2.1 RAW MATERIALS/SUPPLIERS
6.2.1.1 Impact of COVID-19 on Raw Materials and Suppliers
6.2.1.1.1 Resins
6.2.1.1.2 Pigments
6.2.1.1.3 Solvents
6.2.2 INDUSTRIAL MAINTENANCE COATINGS FORMULATORS
6.2.2.1 Impact of COVID-19 on Formulators
6.2.3 DISTRIBUTORS
TABLE 3 DISTRIBUTORS: OFFERINGS AND SERVICES
6.2.3.1 Impact of COVID-19 on Distributors
6.2.4 END-USE INDUSTRIES
6.2.4.1 Impact of COVID-19 on End-Use Industries
6.3 CUSTOMER ANALYSIS
6.3.1 SHIFT IN THE AUTOMOTIVE INDUSTRY
6.3.1.1 Most-impacted regions
6.3.1.2 Customers’ perspective on the growth outlook
6.4 SHIFT IN THE AEROSPACE INDUSTRY
6.4.1 DISRUPTION IN THE INDUSTRY
6.4.2 IMPACT ON CUSTOMERS’ OUTPUT AND STRATEGIES TO
RESUME/IMPROVE PRODUCTION
6.4.3 IMPACT ON CUSTOMERS’ REVENUES
6.4.3.1 Most-impacted regions
6.4.4 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES
6.4.4.1 Measures taken by customers
6.4.4.2 Customers’ perspective on the growth outlook
7 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 19 SOLVENT-BASED TO BE THE LARGEST TECHNOLOGY IN 2019
TABLE 4 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 5 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
7.2 SOLVENT-BASED
7.2.1 OUTSTANDING PHYSICAL PROPERTIES EXPECTED TO DRIVE THE DEMAND FOR SOLVENT-BASED TECHNOLOGY
TABLE 6 SOLVENT-BASED INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION 2018–2025 (KILOTON)
TABLE 7 SOLVENT-BASED INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.3 WATER-BASED
7.3.1 LOW TOXICITY AND FLAMMABILITY DUE TO LOW VOC LEVELS BOOSTING THE DEMAND FOR WATER-BASED INDUSTRIAL MAINTENANCE COATINGS
TABLE 8 WATER-BASED INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 9 WATER-BASED INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.4 POWDER
7.4.1 SUPERIOR PERFORMANCE AND EXCELLENT PROPERTIES OF POWDER TECHNOLOGY DRIVING DEMAND
TABLE 10 POWDER INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 11 POWDER INDUSTRIAL COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.5 100% SOLIDS
7.5.1 LACK OF VOC MAKES 100% SOLIDS IDEAL FOR USE IN RAILROAD TANK CARS
TABLE 12 100% SOLIDS INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 13 100% SOLIDS INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.6 OTHERS
TABLE 14 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, IN OTHER TECHNOLOGIES, BY REGION, 2018–2025 (KILOTON)
TABLE 15 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, IN OTHER TECHNOLOGIES, BY REGION, 2018–2025 (USD MILLION)
8 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY RESIN TYPE
8.1 INTRODUCTION
FIGURE 20 EPOXY-BASED RESIN TO BE THE LARGEST SEGMENT IN 2020
TABLE 16 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 17 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
8.2 EPOXY
8.2.1 GOOD DIMENSIONAL STABILITY ALONG WITH EXCELLENT ELECTRICAL CONDUCTIVITY BOOSTING THE DEMAND FOR EPOXY RESINS
TABLE 18 EPOXY INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 19 EPOXY INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.3 POLYURETHANE
8.3.1 HIGH DEMAND FOR POLYURETHANE RESINS IN
HIGH-PERFORMANCE APPLICATION
TABLE 20 POLYURETHANE INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 21 POLYURETHANE INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.4 ACRYLIC
8.4.1 OUTSTANDING PHYSICAL PROPERTIES ARE EXPECTED TO DRIVE THE DEMAND FOR ACRYLIC RESINS
TABLE 22 ACRYLIC INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 23 ACRYLIC INDUSTRIAL COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.5 ALKYD
8.5.1 HIGH DURABILITY AND GOOD DRYING CHARACTERISTICS ARE THE REASONS FOR THE GROWTH OF ALKYD RESINS
TABLE 24 ALKYD INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 25 ALKYD INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.6 OTHERS
TABLE 26 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR OTHER RESIN TYPES, BY REGION, 2018–2025 (KILOTON)
TABLE 27 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR OTHER RESIN TYPES, BY REGION, 2018–2025 (USD MILLION)
9 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
FIGURE 21 ENERGY AND POWER WAS THE LARGEST END-USER INDUSTRY IN 2019
TABLE 28 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
TABLE 29 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
9.2 ENERGY & POWER
9.2.1 CHALLENGING CONDITIONS IN THE ENERGY AND POWER SECTOR MANDATING THE USE OF INDUSTRIAL MAINTENANCE COATINGS
9.2.1.1 Properties of industrial maintenance coatings used in the
energy and power sector
9.2.1.2 Applications of industrial maintenance coatings used in the energy and power sector
TABLE 30 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR
ENERGY AND POWER, BY REGION, 2018–2025 (KILOTON)
TABLE 31 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR
ENERGY AND POWER, BY REGION, 2018–2025 (USD MILLION)
9.3 TRANSPORTATION
9.3.1 USE OF INDUSTRIAL MAINTENANCE COATINGS TO DRIVE THE OVERALL TRANSPORTATION SEGMENT
9.3.1.1 Marine
9.3.1.2 Aerospace
9.3.1.3 Rail
9.3.1.4 Automotive refinish
TABLE 32 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR TRANSPORTATION, BY REGION, 2018–2025 (KILOTON)
TABLE 33 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR TRANSPORTATION, BY REGION, 2018–2025 (USD MILLION)
9.4 CHEMICAL
9.4.1 SUPERIOR PERFORMANCE AND EXCELLENT PROPERTIES OF POWDER TECHNOLOGY DRIVING DEMAND
TABLE 34 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR CHEMICALS, BY REGION, 2018–2025 (KILOTON)
TABLE 35 INDUSTRIAL COATINGS MARKET SIZE FOR CHEMICALS, BY REGION, 2018–2025 (USD MILLION)
9.5 METAL PROCESSING
9.5.1 STEEL PLANTS DUE TO EXTREME OPERATING CONDITIONS TO DRIVE DEMAND
TABLE 36 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR METAL PROCESSING, BY REGION, 2018–2025 (KILOTON)
TABLE 37 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE IN METAL PROCESSING, BY REGION, 2018–2025 (USD MILLION)
9.6 CONSTRUCTION
TABLE 38 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR CONSTRUCTION, BY REGION, 2018–2025 (KILOTON)
TABLE 39 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR CONSTRUCTION, BY REGION, 2018–2025 (USD MILLION)
9.7 OTHERS
TABLE 40 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR OTHER INDUSTRIES, BY REGION, 2018–2025 (KILOTON)
TABLE 41 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE FOR OTHER INDUSTRIES, BY REGION, 2018–2025 (USD MILLION)
10 INDUSTRIAL MAINTENANCE COATINGS MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 22 GEOGRAPHIC SNAPSHOT
TABLE 42 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 43 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 44 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 45 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 46 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 47 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 48 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 49 INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.2 ASIA PACIFIC
10.2.1 IMPACT OF COVID-19 ON ASIA PACIFIC
FIGURE 23 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SNAPSHOT
TABLE 50 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 51 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 52 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 53 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 54 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 55 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 56 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 57 ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.2.2 CHINA
10.2.2.1 High civil infrastructural activities to drive the industrial maintenance coatings market in China
TABLE 58 CHINA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.2.3 JAPAN
10.2.3.1 Japan, as a major automotive hub, expected to spur the demand for industrial maintenance coatings
TABLE 59 JAPAN: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.2.4 INDIA
10.2.4.1 Enhanced infrastructural activities to fuel the industrial maintenance coatings market growth
TABLE 60 INDIA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.2.5 SOUTH KOREA
10.2.5.1 Increasing penetration of Japanese carmakers to benefit the industrial maintenance coatings market
TABLE 61 SOUTH KOREA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.2.6 REST OF ASIA PACIFIC
TABLE 62 REST OF ASIA PACIFIC: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3 EUROPE
10.3.1 IMPACT OF COVID-19 ON EUROPE
FIGURE 24 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SNAPSHOT
TABLE 63 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 64 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 65 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 66 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 67 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 68 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 69 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 70 EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.3.2 GERMANY
10.3.2.1 High energy consumption in Germany to enhance industrial maintenance coatings market during the forecast period
TABLE 71 GERMANY: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.3 RUSSIA
10.3.3.1 Increased requirement for power generation in the country expected to boost the industrial maintenance coatings market
TABLE 72 RUSSIA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.4 ITALY
10.3.4.1 The manufacturing industry is expected to fuel the growth of the industrial maintenance coatings market
TABLE 73 ITALY: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.5 TURKEY
10.3.5.1 Country’s dependence on natural gas supply impacting the market growth of industrial maintenance coatings
TABLE 74 TURKEY: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.6 FRANCE
10.3.6.1 Strong chemical industry expected to drive the demand for industrial maintenance coatings
TABLE 75 FRANCE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.7 UK
10.3.7.1 Established automotive sector to enhance the demand for industrial maintenance coatings in the UK
TABLE 76 UK: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.8 SPAIN
10.3.8.1 Strong power generation and automotive sectors are expected to drive the industrial maintenance coatings market
TABLE 77 SPAIN: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.3.9 REST OF EUROPE
TABLE 78 REST OF EUROPE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.4 NORTH AMERICA
10.4.1 IMPACT OF COVID-19 ON NORTH AMERICA
FIGURE 25 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS
MARKET SNAPSHOT
TABLE 79 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 80 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 81 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 82 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 83 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 84 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 85 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 86 NORTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.4.2 US
10.4.2.1 Presence of major manufacturers in the oil& gas sector fueling the growth of the industrial maintenance coatings market
TABLE 87 US: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.4.3 MEXICO
10.4.3.1 Major expansion plans in the oil & gas sector expected to boost the industrial maintenance coatings market
TABLE 88 MEXICO: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.4.4 CANADA
10.4.4.1 Strong automotive sector boosting the demand for industrial maintenance coatings
TABLE 89 CANADA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.5 MIDDLE EAST & AFRICA
10.5.1 IMPACT OF COVID-19 ON THE MIDDLE EAST & AFRICA
TABLE 90 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 91 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 92 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 93 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 94 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 95 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 96 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 97 MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.5.2 SAUDI ARABIA
10.5.2.1 Upgrading infrastructure fueling the growth of the industrial maintenance coatings market
TABLE 98 SAUDI ARABIA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.5.3 UAE
10.5.3.1 Presence of major manufacturers in industrial maintenance coatings market to drive growth
TABLE 99 UAE: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.5.4 SOUTH AFRICA
10.5.4.1 The surge in demand for industrial coated products is expected to drive the market
TABLE 100 SOUTH AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018– 2025 (USD MILLION) (KILOTON)
10.5.5 REST OF THE MIDDLE EAST & AFRICA
TABLE 101 REST OF THE MIDDLE EAST & AFRICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.6 SOUTH AMERICA
10.6.1 IMPACT OF COVID-19 ON SOUTH AMERICA
TABLE 102 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 103 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 104 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 105 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
TABLE 106 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
TABLE 107 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
TABLE 108 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 109 SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10.6.2 BRAZIL
10.6.2.1 Presence of a major oil & gas manufacturer driving the growth of the industrial maintenance coatings market
TABLE 110 BRAZIL: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.6.3 ARGENTINA
10.6.3.1 The favorable automotive industry outlook is facilitating the growth of the industrial maintenance coatings market
TABLE 111 ARGENTINA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
10.6.4 REST OF SOUTH AMERICA
TABLE 112 REST OF SOUTH AMERICA: INDUSTRIAL MAINTENANCE COATINGS MARKET SIZE, BY UNIT, 2018–2025 (USD MILLION) (KILOTON)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
FIGURE 26 COMPANIES ADOPTED ORGANIC AND INORGANIC GROWTH STRATEGIES BETWEEN JANUARY 2017 AND SEPTEMBER 2020
11.2 MARKET EVALUATION FRAMEWORK
FIGURE 27 MARKET EVALUATION FRAMEWORK: 2020 SAW CAPACITY EXPANSIONS LEADING THIS SPACE
11.3 MARKET SHARE ANALYSIS
11.3.1 MARKET SHARE ANALYSIS OF TOP PLAYERS IN THE INDUSTRIAL MAINTENANCE COATINGS MARKET
FIGURE 28 RANKING OF KEY MARKET PLAYERS
FIGURE 29 REVENUE ANALYSIS OF LEADING COMPANIES IN THE INDUSTRIAL MAINTENANCE COATINGS MARKET, 2015-2019
11.4 COMPANY EVALUATION QUADRANT MATRIX DEFINITIONS AND METHODOLOGY, 2019
11.4.1 STAR
11.4.2 EMERGING LEADERS
11.4.3 PERVASIVE
11.4.4 PARTICIPANTS
FIGURE 30 INDUSTRIAL MAINTENANCE COATINGS MARKET (GLOBAL)
COMPETITIVE LANDSCAPE MAPPING, 2019
11.5 STRENGTH OF PRODUCT PORTFOLIOS
FIGURE 31 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN INDUSTRIAL MAINTENANCE COATINGS MARKET
11.6 BUSINESS STRATEGY EXCELLENCE
FIGURE 32 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN INDUSTRIAL MAINTENANCE COATINGS MARKET
11.7 SME MATRIX, 2019
11.7.1 STAR
11.7.2 EMERGING COMPANIES
11.7.3 PERVASIVE
11.7.4 EMERGING LEADERS
FIGURE 33 INDUSTRIAL MAINTENANCE COATINGS MARKET: EMERGING COMPANIES COMPETITIVE LEADERSHIP MAPPING, 2019
11.8 KEY MARKET DEVELOPMENTS
TABLE 113 DEALS, 2017–2020
TABLE 114 PRODUCT LAUNCHES, 2018–2020
TABLE 115 OTHERS, 2017–2020
12 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, MnM View, and Impact of COVID-19)*
12.1 AKZO NOBEL N.V.
FIGURE 34 AKZO NOBEL N.V.: COMPANY SNAPSHOT
FIGURE 35 AKZO NOBEL N.V.: SWOT ANALYSIS
12.2 JOTUN A/S
FIGURE 36 JOTUN A/S: COMPANY SNAPSHOT
FIGURE 37 JOTUN A/S: SWOT ANALYSIS
12.3 PPG INDUSTRIES INC.
FIGURE 38 PPG INDUSTRIES INC.: COMPANY SNAPSHOT
FIGURE 39 PPG INDUSTRIES, INC.: SWOT ANALYSIS
12.4 THE SHERWIN-WILLIAMS COMPANY
FIGURE 40 THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT
FIGURE 41 THE SHERWIN-WILLIAMS COMPANY: SWOT ANALYSIS
12.5 NIPPON PAINT HOLDINGS CO., LTD.
FIGURE 42 NIPPON PAINT HOLDINGS CO., LTD.: COMPANY SNAPSHOT
12.6 KANSAI PAINT CO., LTD.
FIGURE 43 KANSAI PAINT CO., LTD.: COMPANY SNAPSHOT
12.7 RPM INTERNATIONAL INC.
FIGURE 44 RPM INTERNATIONAL INC.: COMPANY SNAPSHOT
12.8 TIKKURILA OYJ
FIGURE 45 TIKKURILA OYJ: COMPANY SNAPSHOT
12.9 HEMPEL A/S
FIGURE 46 HEMPEL A/S: COMPANY SNAPSHOT
12.10 AXALTA COATING SYSTEMS, LLC
FIGURE 47 AXALTA COATING SYSTEMS, LLC: COMPANY SNAPSHOT
FIGURE 48 AXALTA COATING SYSTEMS, LLC: SWOT ANALYSIS
12.11 AREMCO PRODUCTS INC.
12.12 MONARCH INDUSTRIAL PRODUCTS (I) PVT. LTD.
12.13 GOA PAINTS
12.14 CONTINENTAL COATINGS INC.
*(Business Overview, Products Offered, Recent Developments, MnM View, and Impact of COVID-19 might not be captured in case of unlisted companies.
12.15 OTHER PLAYERS
12.15.1 TEKNOS GROUP
12.15.2 NOROO PAINT & COATINGS
12.15.3 WEILBURGER
12.15.4 THE CHEMOURS COMPANY
12.15.5 THE VALSPAR CORPORATION
12.15.6 WHITFORD CORPORATION
12.15.7 BELZONA INTERNATIONAL LTD.
12.15.8 CHEMCO INTERNATIONAL LTD.
12.15.9 GENERAL MAGNAPLATE CORPORATION
12.15.10 SIKA AG
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
