Industrial Coatings Market 2016 Share, Trend and Forecast Industrial Coatings Market - Global Industry Analy | Page 2

waterborne industrial coatings find application in household paints due to their
environmental compliance. They are also widely used in the fuels of rail road and
storage tanks. Anti-fouling industrial coatings are employed for the underwater
bottom layer of boats and ships to avoid damages pertaining to salt and fresh water
conditions. Powder industrial coatings are employed as dry or free flowing powder.
Global Industrial Coatings Market: Geographical Analysis
Europe and North America are envisaged to exhibit a continual expansion in the
world industrial coatings market. Nevertheless, Asia Pacific is predicted to steal the
glory with a rising demand initiated by the growth in the marine sector. Particularly
in countries such as China and India, the regional market is foretold to showcase
dominance due to a catapulting boost received from government initiatives. For
instance, the Indian government has planned investment programs to support
construction and infrastructure sectors.
Challenges could be witnessed on the part of certain industries such as agriculture
and oil and gas facing individual trials. Howbeit, the demand in the international
industrial coatings market could be augmented by the expansion in infrastructure,
marine, and automobile industries.
Global Industrial Coatings Market: Companies Mentioned
The most influential players operating in the world industrial coatings market are
expected to be Asian Paints Limited, Nippon Paint Holdings Co., Kansai Paint Co.
Ltd., BASF Coatings, The Valspar Corp., Axalta Systems, RPM International Inc.,
Sherwin-Williams Co., Akzo Nobel NV, and PPG Industries, Inc. These companies are
prophesied to cement their position in the market on the basis of strategic industry
activities and critical developments.
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Market segmentation based on geography:
North America
Asia Pacific
Europe
Rest of the World
This report gives access to decisive data, such as: