PROTECTIVE COATINGS MARKET ANALYSIS
Protective Coatings Market, By Technology (Solvent-borne Coatings, Water-borne Coatings, Powder Coatings, Others), By Application (Infrastructure, Commercial Real Estate, Industrial Plants and Facilities, Oil & Gas, Power Mining), By Resin Type (Epoxy, Polyurethane, Acrylic, Alkyd, Polyester, Others), and By Region (Asia Pacific, Europe, North America, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027
The protective coating is applied to the surface in order to provide protection from harsh environmental conditions that could cause damage. They are widely used across various applications such as electronics products, marine, automotive heavy machinery, power generation, and oil & gas industry, etc. On the basis of resin type, the market is classified into epoxy, polyurethane, acrylic, polyester, and alkyd.
Market Dynamics
Growth in the paints and coating industry is projected to foster the market growth of the protective coatings. The paints &coatings market is growing on the account of rise in the various manufacturing industries and construction industry. Moreover, rapid urbanization coupled with the development of the rural markets is further anticipated to fuel the market growth of the paints &coatings industry which in turn is fueling the market growth of protective coatings.
Merger and acquisition by major players among major manufacturer for global expansion is one of the key trends in the market. For instance, in February 2020, KAEFER has announced the acquisition of Wood’s industrial services business from John Wood Group PLC in the UK and Ireland. Wood’s inÂdusÂtrial serÂvices busiÂness have 16 locÂaÂtions all over the UK and IreÂland. The comÂpany provides high-end serÂvices for inÂdusÂtrial opÂerÂaÂtions, such as the apÂplicÂaÂtion of proÂtectÂive coatÂings, acÂcess soluÂtions, thermal inÂsuÂlaÂtion, passÂive fire proÂtecÂtion, and speÂcialÂist serÂvices.
However, high energy consumption during the manufacturing of protective coatings is a major concern. This factor is expected to hinder the market growth of the protective coatings.
Key features of the study:
- This report provides in-depth analysis of the global protective coatings market and provides market size (US$ Million & KT) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- This study also provides impact analysis of Coronavirus (Covid-19) pandemic on protective coatings market.
- It profiles key players in the global protective coatings market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Akzo Nobel N.V., The Valspar Corporation, PPG Industries Inc, Arkema Group, Kansai Paint Co. Ltd, The Sherwin-Williams Company, Sika AG, Wacker Chemie AG, Hempel A/S, and Jotun
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The global protective coatings market report caters to various stakeholders in this industry including investors, suppliers, protective coatings manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the protective coatings market
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Detailed Segmentation:
- Global Protective Coatings Market, By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- Global Protective Coatings Market, By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- Global Protective Coatings Market, By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Global Protective Coatings Market, By Region:
- North America
- U.S.
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Canada
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Europe
- U.K.
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Germany
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- France
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Italy
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Spain
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Russia
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Rest of Europe
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Asia Pacific
- China
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- India
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Japan
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- ASEAN
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Australia
- By Application:
- Automotive Lubricant
- Industrial Lubricant
- Aviation Lubricants
- Power Generation Lubricants
- Rail Lubricants
- South Korea
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Rest of Asia Pacific
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Latin America
- Brazil
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Mexico
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Rest of Latin America
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Middle East
- GCC
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Israel
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Rest of Middle East
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Africa
§
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Central Africa
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- South Africa
- By Technology:
- Solvent-borne Coatings
- Water-borne Coatings
- Powder Coatings
- Others
- By Application:
- Infrastructure
- Commercial Real Estate
- Industrial Plants and Facilities
- Oil & Gas
- Power
- Mining
- By Resin Type:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- Company Profiles
- Akzo Nobel N.V.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
·
- The Valspar Corporation
- PPG Industries Inc
- Arkema Group
- Kansai Paint Co. Ltd
- The Sherwin-Williams Company
- Sika AG
- Wacker Chemie AG
- Hempel A/S
- Jotun
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