Industrial Maintenance Coatings
Onshore oil and gas industry applications continue to lead the industrial
maintenance coatings segment in terms of value, but the commercial
architectural segment is the fastest growing.
BY TIM WRIGHT
EDITOR
Industrial coatings are designed to provide protective rather than aesthetic properties, although
they can provide both. The most
common use of industrial coatings is
for corrosion control of steel or concrete. Other functions include intumescent coatings for fire resistance.
The industrial maintenance coatings
market is influenced by several factors
including the economy, public and private
non-residential construction, the price of
oil, and public spending of infrastructure.
According to the “U.S. Paint & Coatings
Industry Market Analysis (2008-2013),”
which was published by The American
Coatings Association (ACA) and The
Chemark Consulting Group, Inc., industrial maintenance coatings accounted for
approximately five percent of the volume
of paint sold in the U.S. and about six percent of the total value of paint sales.
U.S. Census data revealed that total
industrial maintenance shipments for
2008 were 73.3 million gallons equaling
$1,225.3 million. This represents a slight
decrease in volume of three percent and a
one percent decrease in value over 2007.
Chemark projects that volume for the
segment will grow at 3. 9 percent annually over the next five years. Due to
anticipated price increases, the value of
the segment will grow at a faster rate of
4. 3 percent over this period.
Commercial architectural is the
fastest-growing end-use segment of
industrial maintenance coatings.
This segment also commands the
highest gross profit margins, according to the report.
In terms of technology, the report
states that water-based acrylic and
alkyd coatings continue to grow in volume and value at the expense of certain
solvent-based coatings, notably solvent-
The industrial maintenance coatings segment is projected to grow 3. 9 percent in
volume annually over the next five years while its value will grow at 4. 3 percent.
based alkyds. However, epoxy and
polyurethane technologies and their
derivatives will remain the basis for
high-performance systems. The trend in
formulation will be toward high-solids
and solventless systems. Water-based
alkyds and hybrid compositions such as
those based on polysiloxane modification
are growing in acceptance.
Environmental legislation continues
to heavily impact the industrial maintenance coatings market. In addition,
product “on-time” availability and product performance are the most important factors in choosing industrial
maintenance coatings.
Direct-to-customer (notably the
contractor/applicator) is the predominant channel of distribution for
industrial maintenance coatings.
In the U.S., the top companies in this
segment—RPM, Sherwin Williams,
AkzoNobel and PPG—comprise nearly
60 percent of the market. Tnemec,
DuPont, Benjamin Moore, Valspar and
Hempel account for roughly 30 percent.
For the commercial architectural
segment DuPont has introduced a
new technology under the DuPont
Tyvek brand—DuPont Tyvek Fluid
Applied Weather Barrier (WB)
System. The product combines the
performance of traditional Tyvek
building wraps with the protection of
Tyvek CommercialWrap and CommercialWrap D into a fluid-applied
form that can be rolled on or spray
applied to seal a building envelope. It
consists of a weather barrier, flashing
and joint compound and sealant, and
is ideally suited for high-rise buildings with complex designs. DuPont
Tyvek Fluid Applied WB System
became available in early May
through a phased launch for commercial buildings beginning in Texas,
with national availability in the U.S.
for both commercial and residential
building applications expected by
early 2011.
Jotun Powder Coatings has launched
the Cool Shades Collection, a new collec-
