The latest research report by Emergen Research, named ‘Global Industrial Maintenance Coatings Market  - Forecast to  2030. The coronavirus outbreak has led to drastic changes in the current Industrial Maintenance Coatings Market  business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Industrial Maintenance Coatings Market  growth assessed on both regional and global levels.

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.

However, difficulty in achieving thin films of powder coatings is limiting the market for industrial maintenance coatings. Additionally, in water-based coatings, the need for more drying time of the coatings is expected to hamper the demand for the market during the forecast period. Changing environmental regulations for achieving longer sustainability and performance at a low cost are driving the market. The ease in application of the coatings, implementation of stringent environmental regulations, and increased durability of the coatings, is projected to drive the demand for the market during the forecast period. Enhanced efficiency results in cost savings.

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Covid 19 impact analysis :

The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Industrial Maintenance Coatings Market industry.The current COVID-19 pandemic is expected to have an effect on the growth of the Industrial Maintenance Coatings Market industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns.

Some major players included in the global Industrial Maintenance Coatings Market report are:

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

 Radical Highlights of the Industrial Maintenance Coatings Market Report:

• Impact of the technological developments and R&D advancements on the Industrial Maintenance Coatings Market market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Comprehensive overview of the Industrial Maintenance Coatings Market market along with analysis of the changing dynamics of the market
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

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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

Regional Segmentation;

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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