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INDUSTRIAL COATINGS MARKET ANALYSIS

Industrial Coatings Market, By Category (Water-borne, Solvent-borne, Powder, E-coat, and Others), By Resin Type (Polyurethanes, Epoxy, Acrylic, Fluoropolymers, and Others), By Application (General Industrial Equipment, Automotive Coatings, Coil & Extrusion, Energy & Power, Packaging, Marine, Aerospace, Rail, and Others), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

Market Challenges And Opportunities

Global Industrial Coatings Market- Restraints

 Proper maintenance of equipment is essential to ensure high efficiency and effectiveness of coatings

  Proper maintenance of equipment is essential to ensure high efficiency and effectiveness of coatings. The components need to be inspected and maintained regularly to provide good finishing quality. Powder coatings need to be stored in a cool and dry place, and hence, requires storage conditions that does not affect the quality of products. Industrial coatings such as powder coatings are hygroscopic in nature and has the tendency to undergo reaction when exposed to humidity, which results in caking of the product. Factors such as temperature, humidity, direct sunlight, and contamination need to be considered, while storing powder coatings. They are also prone to fire hazards when in contact with air along with organic materials such as dust. The use of powder coatings need to be monitored and safety precautions need to be maintained. Thus, the overall equipment selection, maintenance, and storage and use of industrial coatings incur capital investment, which acts as a restraining factor for the industrial coatings market.

  • Greasepaint coatings are produced by combining flow modifiers, levelling agents, colors, and other complements with polymer resin systems

 Greasepaint coatings are produced by combining flow modifiers, levelling agents, colors, and other complements with polymer resin systems. These coatings are commonly applied to various substrates using a procedure called electrostatic spray deposit (ESD). In the context of shipping and shipbuilding, China is one of the largest nations involved in these industries. China has consistently utilized greasepaint coatings in shipbuilding and channel industries. The technology for greasepaint coatings in the channel business is constantly evolving. Plastic tubes are being used less frequently in various industries, including shipbuilding, electronics, fabrics, petrochemicals, chemicals, healthcare, medicinal, and civic construction

  • Proper maintenance of equipment is essential to ensure high efficiency and effectiveness of coatings

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