Kerry Pianoforte, Editor
Industrial coatings encompass a large and varied market. Typically industrial coatings are used to coat high-value as- sets that need to withstand harsh environmental conditions.
Industrial coatings are used in onshore oil and gas, commercial
architecture and industrial maintenance applications.
Historically, solvent-based coatings have maintained the
largest share of protective and specialty coatings. However, ac-
cording to a new study from the Freedonia Group, Protective
& Specialty Coatings Market in the U.S., solvent-based coat-
ings are projected to be surpassed by water-based coatings
by 2020 as regulatory concerns continue to impact the pro-
tective and specialty market. Solvents will continue to lose
share to other formulations, with trends favoring the use of
water-based, high-solids and other coatings, which have lower
or no VOC emissions.
According to the study, demand for water-based coatings in
the protective and specialty segment is predicted to expand at
an annual rate of 2.5 percent to 85 million gallons in 2020,
supplanting solventborne coatings as the market leader. Water-based coatings are also gaining a foothold in protective marine
coatings as several worldwide treaties and U.S. regulations have
put stringent limits on emissions produced by marine coatings.
Waterborne coatings provide good adhesion to the market’s primary substrate – metal – and offer solid resistance to weather,
chemicals and other harsh conditions in which all varieties of
watercraft are exposed.
Solvent-based coatings are projected to be surpassed by water-based coatings by 2020
as regulatory concerns continue to impact the protective and specialty market.
Industrial Coatings Market
