Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC599
Introduction
Organic coatings, also termed as barrier coatings, are the durable protective coatings which are applied to substrates for the purpose of obtaining decorative or specific technical properties. The key component charged for the creation of well-adhering (membrane) includes organic compounds ranging from polymers, oligomers, to their mixtures. These coatings are increasingly used on substrates for corrosion protection, surfacing as well as decoration purpose.
Market Dynamics
The market is witnessing growth significantly owing to rapid utilization of coatings in aerospace and automotive industries as it lowers the structural weight and provides cost benefits to the overall structure. The property of organic coatings to form a barrier between substrate and the atmosphere is expected to lead to the market growth significantly over the forecast period. Apart from this, lightweight of the structure is the need of today, especially in automotive and aerospace sector in order to obtain fuel economy standards. Growing demand for organic coatings, majorly on the basis of their chemical inertness and impermeability, is another factor contributing to the market growth. In addition, organic coatings provide protection by using inhibiting pigments which have passivating action, and applied particularly on metal surfaces. Furthermore, presence of metallic pigments in organic coatings offers electrochemical protection to metals.
Market Classification and Overview
The global organic coatings market can be segmented on the basis of product, end-use industry and geography. On the basis of product, the global market can be segmented into dry film lubricants, xylan coatings and others. On the basis of end-use industry, the market is segmented into automotive, aerospace/aviation, defense/military, maritime/naval, and electronics. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa (MEA). Asia-Pacific market is projected to be the fastest growing market owing to the number of players planning to set up their manufacturing base in this region.
Report Coverage
|
Market |
Organic Coatings Market |
|
Analysis Period |
2015 – 2026 |
|
Historic Data |
2015 – 2016 |
|
Base Year |
2017 |
|
Forecast Data |
2018 – 2026 |
|
Market Stratification |
Product, End-Use Industry, Geography |
|
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
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Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the key players operating in the global organic coatings market and profiled in the report include Plating Technology, Hi-Tech Metal Finishing, Anochrome Group, Akzo Nobel, AD International, Organic Coatings Limited, DeKalb Metal Finishing and other notable players.
Market Segmentation
Market By Product
o Dry Film Lubricants
o Xylan Coatings
o Others
Market By End-Use Industry
o Automotive
o Aerospace/Aviation
o Defense/Military
o Maritime/Naval
o Electronics
Market By Geography
· North America
o U.S.
o Canada
o Mexico
· Europe
o UK
o Germany
o France
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
· Latin America
o Brazil
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
