Industrial coating is a paint or coating which used to protect walls, floors, and roofs against heavy rainfall, strong wind, and snowfall. The most common use of commercial coatings is for corrosion control of steel or concrete. The most common application for these coating products is to stop corrosion of steel and concrete. Another primary used coating is to make the material less susceptible to fire or other hazards. Industrial coatings offer several benefits such as waterproofing & weatherproofing, crack-bridging ability, high flexibility, resistance to dirt, mildew, and chemicals. Industrial coatings are specially engineered products for protection against corrosion, wear-resistance and provide better aesthetics. It is a skinny film applied to varied concrete, steel, and other industrial materials. These films are used with polymers such as acrylic, polyurethane, epoxy, alkyds and polyester.
Growing construction industry along with development of automotive, coil, wood, aerospace, railing and packaging coatings in emerging economies is key impacting factors deriving the growth of the global industrial coatings market
Industrial Coatings Market is valued at USD 102.43 Billion in 2020 and expected to reach USD 149.99 Billion by 2027 with the CAGR of 5.60% over the forecast period.
The Chemours Company, pronounced “kem-oars”, commonly established in 2015 and headquartered at Wilmington, Delaware, 19899, United States. Specialties in Titanium Technologies, Fluoroproducts, and Chemical Solutions. Chemours had 6943 Employees and had a revenue of $ 6 Billion.
Sherwin-Williams Company is an American Fortune 500 company established in 1866 and headquartered at Cleveland, Ohio, 44115, United States. Specialties in Industrial and Marine Coatings-Global Organization and Product Finishes for OEMs-Global Organization. Sherwin-Williams had 61,111 Employees and had a revenue of $ 17 Billion.
Axalta Coating Systems is an American company established in 1866 and headquartered at Commerce Square Suite 3600, Philadelphia, Pennsylvania, 19103, United States. Specialties in Industrial Coatings, Powder Coatings, Automobile Coatings, OEM Coatings, Refinish Coatings, Transportation Coatings, Architectural Coatings, and Marine Coatings. Axalta Coating Systems had 14000 Employees and had a revenue of $ 4 Billion.
Jotun established in 1926 and headquartered at Sandefjord. Specialties in paints, coatings and powder coatings (for Decorative, Architectural, and Marine and Protective use.
RPM International Inc. is an American multinational company established in 1947 and headquartered at Medina, Ohio United States. Specialties in high-performance specialty coatings, sealants and building materials. Industrial brands include, Tremco, Illbruck, Flowcrete, Carboline, Universal Sealants, Stonhard, RPM/Belgium, Euco, Vandex, Day-Glo and Dryvit. RPM International had 14,957 Employees and had a revenue of $ 5 Billion.
Key Benefits for Industrial Coatings Market Reports –
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05 Mar 2021