The global Industrial maintenance coatings market is estimated to reach value of USD 5.23 Billion by 2027, according to a current analysis by Emergen Research. Changing environmental regulations for achieving longer sustainability and performance at a low cost are driving the market. The ease in application of the coatings, implementation of stringent environmental regulations, and increased durability of the coatings,  is projected to drive the demand for the market during the forecast period. Enhanced efficiency results in cost savings.

The current COVID-19 pandemic is expected to have an effect on the growth of the Industrial Maintenance Coatings industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Industrial Maintenance Coatings sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Industrial Maintenance Coatings industry.

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Key companies profiled in the report include:

Jotun A/S, Akzo Nobel N.V., The Sherwin-Williams Company, PPG Industries Inc., Kansai Paint Co., Ltd., Nippon Paint Holdings Co., Ltd., Tikkurila OYJ, RPM International Inc., Hempel A/S, and Axalta Coating Systems, LLC

The report addresses the following key points:

• The report estimates the expected market size from 2020-2027
• The report provides a forecast of market drivers, restraints, and future opportunities for the Industrial Maintenance Coatings market
• The report further analyses the changing Industrial Maintenance Coatings market dynamics
• Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
• Extensive competitive landscape mapping with profiles of the key competitors
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
• Revenue forecast, country scope, application insights, and product insights

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For the purpose of this report, Emergen Research has segmented the global industrial maintenance coatings market based on technology, resin type, end-use industry, and region as follows:

Technology Outlook (Revenue, USD Billion; 2017–2027)

• Water-based
• Solvent-based
• Powder
• 100% Solids
• Others (UV- and EB-cured Technology)

Resin Type Outlook (Revenue, USD Billion; 2017–2027)

• Polyurethane
• Epoxy
• Acrylic
• Alkyd
• Others

End-use Industry Outlook (Revenue, USD Billion; 2017–2027)

• Energy Power
• Transportation
• Metal Processing
• Construction
• Chemical
• Others

Industrial Maintenance Coatings Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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