Organic Coatings Market Definition
Organic coatings are a complex mixture of polymers, fluid carriers, pigments, corrosion inhibitors, and additives, and represent the oldest and most widely used method for delaying the onset of corrosion. These coatings improve the durability and stability of the metal surface. Organic coatings act as a protective barrier against corrosion and oxidation. These are durable coatings applied to a substrate for their decorative or specific technical properties. Organic coatings are used to provide additive type finishes on materials on which they are applied. These coatings enable to change of surface properties of substrate such as adhesion, wettability, corrosion resistance and wear resistance.
The market study is broken down by Type (Dry Film Lubricants, Molykote and other PTFE Coatings, Xylan Coating, E-cote and Others), by Application (Automotive Parts, Screws & Fasteners, Industrial Equipments and Others) and major geographies with country level splits.
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Organic Coatings market throughout the predicted period.
BASF SE (Germany), Dupont (United States), Plating Technology (United States), Hi-Tech Metal Finishing (United States), Anochrome Group (United Kingdom), DeKalb Metal Finishing (United States), Sherwin Williams Co. (United States), Organic Coatings Ltd. (India), Akzo Nobel NV (Netherland) and Jotun (Norway) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are PPG Industries Inc. (United States), Dymax Corporation (United States) and Nippon Paints (Japan).
AdvanceMarketAnalytics has segmented the market of Global Organic Coatings market by Type, Application and Region.
On the basis of geography, the market of Organic Coatings has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Application Method, the sub-segment i.e. Electrostatic will boost the Organic Coatings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Color, the sub-segment i.e. Red will boost the Organic Coatings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Coating Formulation, the sub-segment i.e. Resin will boost the Organic Coatings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Automotive will boost the Organic Coatings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Prevents Cracking and Structure Breakdown during Stress, Water Permeability, and Physical Aging
- UV-resistant Finish That Delivers a High Level of Corrosion Protection
- Growing industrialization and manufacturing activity across the globe and the rise in environmental concerns are the key factors driving the growth of the market.
- Adoption of Organic Coatings in End-User Industries such as Automotive and Building & Construction Owing to Sustainability
- Cost-Effectiveness and Longer Sustainability in Moisture
- Growing Architectural Activities are expected to grow during the Forecast Period.
- Lower Heat Resistance of Organic Coatings
- Stringent Regulations by Governments of Various Countries
- Failure starts when pits or holes are formed, usually from mechanical shocks or aging, in the coating.
- Safety of Personnel Involved in the Work
Key Target AudienceOrganic Coating Service Providers, Raw Material Suppliers, Automotive Parts Manufacturers, Petrochemical Industries and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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