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Global Heavy Duty Coating Market Insights and Forecast to 2027
SKU ID : QYR-18113775 | Publishing Date : 27-Apr-2021 | No. of pages : 117
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Heavy duty coatings protect metal and concrete surfaces against damage and corrosion under extreme environmental conditions. They are also known as protective and maintenance coatings.
The heavy duty coating industry is concentrated and mainly dominated by a few multinational companies. The top 5 players own about 48% revenue share in 2019. Apart from those leading suppliers, there are also many small and medium sized companies engaged in the production.
Market Analysis and Insights: Global Heavy Duty Coating Market
The global Heavy Duty Coating market is valued at US$ 14400 million in 2019. The market size will reach US$ 18900 million by the end of 2026, growing at a CAGR of 4.0% during 2021-2026.
Global Heavy Duty Coating Scope and Segment
Heavy Duty Coating market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Heavy Duty Coating market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Solvent Based
Water Based
Powder Coating
Solvent based coating accounts for the largest share, which held 66.61% share globally in 2019.
Segment by Application
Marine
Containers
Steel Structures & Bridges
Offshore Oil Rigs
Chemical and Petroleum Plants
Other
Heavy duty coating used in many downstream industries. Marine is the most important market, with market shares of 26.46% in 2019.
By Company
Hempel
AkzoNobel
Jotun
PPG
Chugoku Marine Paints
RPM International
Sika
Dai Nippon Toryo
NIPSEA Group
Sherwin-Williams
Kansai Paint
Henkel
KCC Marine Coatings
Yung Chi Paint & Varnish Manufacturing
Production by Region
North America
Europe
China
Japan
South Korea
Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The heavy duty coating industry is concentrated and mainly dominated by a few multinational companies. The top 5 players own about 48% revenue share in 2019. Apart from those leading suppliers, there are also many small and medium sized companies engaged in the production.
Market Analysis and Insights: Global Heavy Duty Coating Market
The global Heavy Duty Coating market is valued at US$ 14400 million in 2019. The market size will reach US$ 18900 million by the end of 2026, growing at a CAGR of 4.0% during 2021-2026.
Global Heavy Duty Coating Scope and Segment
Heavy Duty Coating market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Heavy Duty Coating market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Solvent Based
Water Based
Powder Coating
Solvent based coating accounts for the largest share, which held 66.61% share globally in 2019.
Segment by Application
Marine
Containers
Steel Structures & Bridges
Offshore Oil Rigs
Chemical and Petroleum Plants
Other
Heavy duty coating used in many downstream industries. Marine is the most important market, with market shares of 26.46% in 2019.
By Company
Hempel
AkzoNobel
Jotun
PPG
Chugoku Marine Paints
RPM International
Sika
Dai Nippon Toryo
NIPSEA Group
Sherwin-Williams
Kansai Paint
Henkel
KCC Marine Coatings
Yung Chi Paint & Varnish Manufacturing
Production by Region
North America
Europe
China
Japan
South Korea
Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
