03 Mar 2021
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.
Top Industrial Coatings Companies in Global Market 2021
The Chemours Company is an American Chemical Company established in 2015 and headquartered at 1007 Market St, Wilmington, Delaware, 19899, United States. Specialties in Titanium Technologies, Chemical Solutions, Advanced Performance Materials, and Thermal & Specialized Solutions. Chemours had nearly 6943 Employees and had revenue of $6 Billion.
Sherwin-Williams Company established in 1866 and headquartered at 101 Prospect Ave., Cleveland, Ohio, 44115, United States. Specialties in Industrial and Marine Coatings-Global Organization and Product Finishes for OEMs-Global Organization. Sherwin-Williams had nearly 61111 Employees and had revenue of $17 Billion.
Axalta Coating Systems is an American company established in 1866 and headquartered at 2001 Market St 2 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 had nearly 14000 Employees and had revenue of $4 Billion.
Jotun is a Norwegian multinational chemicals Company established in 1926 and headquartered at PO Box 2021, Sandefjord, Vestfold, 3248, Norway. Specialties in paints, coatings and powder coatings (for Decorative, Architectural, and Marine and Protective use. Jotun had nearly 10007 Employees and had revenue of $2 Billion.
PPG Industries, Inc. is an American Fortune 500 company established in 1883 and headquartered at One PPG Pl. 40 EAST, Pittsburgh, Pennsylvania, 15272, United States. Specialties in Architectural Paint, Optical Products, Silicas, Aerospace Transparencies, Sealants and Coatings, Industrial Coatings, Packaging Coatings, Industrial Coatings Services, Automotive Coatings, Protective and Marine Coatings, and Automotive Refinish. PPG had nearly 47600 Employees and had revenue of $ 15 Billion.
RPM International Inc. is an American multinational company established in 1947 and headquartered at 2628 Pearl Road P.O. Box 777, Medina, Ohio, 44256, United States. Specialties in coatings, sealants, building materials and related services. RPM had nearly 14957 Employees and had revenue of $5 Billion.
Kansai Paint Co., Ltd. is a Japanese, Osaka-based chemical company established in 1918 and headquartered at Imabashi 2-Chome, Osaka, Osaka, 541-8523, Japan. Specialties in automobile paints, industrial paints and others. Kansai Paint had nearly 16287 employees and had revenue of $3 Billion.
Key Benefits for Industrial Coatings Market Reports –
· Global Market report covers in depth historical and forecast analysis.
· Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
· Global Market report helps to identify opportunities in market place.
· Global Market report covers extensive analysis of emerging trends and competitive landscape.