What is Organic Coatings?
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.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
The study covers a detailed analysis segmented by key business segments i.e. 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. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Organic Coatings market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Organic Coatings market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are 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).
Organic Coatings Market Dynamics:
Attributes | Details |
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Growth Drivers | - 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
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Major Trends | - Prevents Cracking and Structure Breakdown during Stress, Water Permeability, and Physical Aging
- UV-resistant Finish That Delivers a High Level of Corrosion Protection
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Restraints | - Lower Heat Resistance of Organic Coatings
- Stringent Regulations by Governments of Various Countries
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Road Blocks / Challenges | - Failure starts when pits or holes are formed, usually from mechanical shocks or aging, in the coating.
- Safety of Personnel Involved in the Work
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Gaps & Opportunities | - Growing Architectural Activities are expected to grow during the Forecast Period.
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Key highlights of the Global Organic Coatings market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Organic Coatings market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Organic Coatings market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Organic Coatings Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Organic Coatings market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Organic Coatings market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Organic Coating Service Providers, Raw Material Suppliers, Automotive Parts Manufacturers, Petrochemical Industries and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.