Industry Overview
According to the HTF Market Report, the Industrial Coatings market is expected to see a growth of 6.00% and may reach a market size of 100Billion by 2031, currently valued at 55Billion.Industrial coatings are type of specialty paints and coatings which offers specific characteristics to the surface. It has wide number of application in various end-use industries which comprises of lifestyle products, automotive, consumer electronics, construction among others. These type of paints and coatings have higher performance and durability and is also involved in offering biocompatible protections as well as anti-microbial properties. Various properties of Speciality paints and coatings are anti-abrasion, UV protection, anti-corrosion, and chemical resistance among others. Rapid urbanization coupled with increasing per capita income among consumers, rising demand for speciality paints and coatings from automotive, wood furniture and marine industry is fostering the market for industrial coatings market
The chemical industry is a building block of the world's economy, driving innovation in sectors like pharmaceuticals and agriculture. It covers the production of base materials, including chemicals, polymers, and specialty compounds, integral to practically all products and processes. Companies in this sector are primary actors in supply chains, ensuring raw materials for manufacturing, construction, and consumer goods. With a focus on sustainability, the industry is increasingly investing in green chemistry and circular economy initiatives to reduce environmental impact. This industry will continue to grow with technological advancements, regulatory compliance, and market demand for more sustainable and innovative solutions; hence, it is energetic and a significant contributor in the business arena.
Industrial Coatings Market Size in (USD Billion) CAGR Growth Rate 6.00%
| Study Period | 2019-2031 |
| Market Size (2023): | 55Billion |
| Market Size (2031): | 100Billion |
| CAGR (2023 - 2031): | 6.00% |
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Key Player Analysis
The key players in the Industrial Coatings are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as Jotun A/S (Norway), Axalta Coating Systems, LLC (United States), AkzoNobel N.V. (Netherlands), The Sherwin-Williams Company (United States), Teknos Group (Finland), PPG Industries, Inc. (United States), RPM International Inc. (United States) are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation is driving significant advancements in product formulation and the introduction of sustainable and eco-friendly products.Additionally, these industry leaders are actively acquiring smaller companies to broaden their regional presence and strengthen their market share. These acquisitions not only diversify product portfolios but also provide access to new technologies and markets, fostering growth within the Industrial Coatings through operational streamlining and cost reduction.
Moreover, there is a clear shift toward green investments, with companies allocating more resources to sustainable practices and the development of environmentally friendly products. This response to increasing consumer demand for sustainable solutions and stricter environmental regulations positions these companies as leaders in green chemistry, further driving market growth.
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach. We also include recent years' innovation and strategies followed by companies who are growing in the market:
- Jotun A/S (Norway)
- Axalta Coating Systems
- LLC (United States)
- AkzoNobel N.V. (Netherlands)
- The Sherwin-Williams Company (United States)
- Teknos Group (Finland)
- PPG Industries
- Inc. (United States)
- RPM International Inc. (United States)
Industrial Coatings Market Segmentation by Players
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Regional Insights
The chemical industry exhibits significant regional variation, driven by factors such as resource availability, regulatory environments, and economic conditions. In North America, the industry is maintained by abundant natural resources, particularly shale gas, which provides a competitive advantage in petrochemical production. The U.S. remains a key player, with ongoing investments in advanced manufacturing technologies and sustainable practices positioning the region as a leader in innovation.In Europe, stringent environmental regulations and a strong emphasis on sustainability are shaping the chemical industry. The European Green Deal is pushing companies toward greener production methods, fostering growth in bio-based chemicals and recycling initiatives. Despite these opportunities, the region faces challenges from high energy costs and regulatory pressures, which are driving companies to seek efficiencies and explore new markets.
Asia-Pacific is the fastest-growing region, fuelled by rapid industrialization, urbanization, and a growing middle class. China dominates the regional market, supported by substantial investments in infrastructure and innovation. India and Southeast Asia are also emerging as key players, with increasing demand for chemicals in agriculture, construction, and electronics sectors.
Overall, regional dynamics in the chemical industry are shaped by local market conditions, regulatory landscapes, and the global push for sustainability, leading to diverse growth opportunities across different markets.
This report also splits the market by region
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
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Market Segmentation
Segmentation by Type
- Powder
- Liquid
- UV-cured
- Ceramic
Industrial Coatings Market Segmentation by Type
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Segmentation by Application
- Automotive
- Aerospace
- Construction
- Furniture
- Electronics
Industrial Coatings Market Segmentation by Application
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Regulatory Overview
The chemical industry is based on a regulatory framework that makes sure the industry does not harm the people, or the environment, or breach international standards. These regulations run from production to handling, storage, and disposal. The key legislations generally include the EU's REACH system and the US TSCA, which have also put stringent testing, reporting, and labeling requirements for chemical substances. Compliance with the above legislation requires that companies implement good safety management systems, conduct periodic audits, and monitor environmental performance continually. Apart from that, industry players also have to be abreast of changing legislation and newly emerging global standards on hazardous substances, waste management, and sustainability undertakings. Non-compliance can lead to substantial penalties, reputational damage, and operational discontinuations, which make adherence a key business issue.Industrial Coatings Market Dynamics
Market Growth Drivers:The Industrial Coatings Market is experiencing significant growth due to various factors.
- Continuous Demand For Extended Product Lifetime And Reduced Maintenance For Industrial Coating
- Rising Customer Spending And Improving Infrastructure In Developed Countries Such As The United States And Western Europe
Influencing Trend:
The Industrial Coatings Market is growing rapidly due to various factors.
- High-Performance Durability as Compared to Traditional Paints and Coatings
- Surging Demand for End use Specific Coating Solutions
Opportunities:
The Industrial Coatings has several opportunities, particularly in developing countries where industrialization is growing.
- Continuous Demand For Extended Product Lifetime And Reduced Maintenance For Industrial Coating
- Rising Customer Spending And Improving Infrastructure In Developed Countries Such As The United States And Western Europe
Challenges:
The market for fluid power systems faces several obstacles despite its promising growth possibilities.
- VOCs
- Durability
Report Infographics:
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Report Features
|
Details
|
|
Base Year
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2023
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|
Based Year Market Size
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55Billion
|
|
Historical Period
|
2019
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CAGR (2023 to 2030)
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6.00%
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|
Forecast Period
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2031
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Forecasted Period Market Size (2030)
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100Billion
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Scope of the Report
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Powder, Liquid, UV-cured, Ceramic, Automotive, Aerospace, Construction, Furniture, Electronics
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Regions Covered
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North America, Europe, Asia Pacific, Latin America, and MEA
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|
Companies Covered
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Jotun A/S (Norway), Axalta Coating Systems, LLC (United States), AkzoNobel N.V. (Netherlands), The Sherwin-Williams Company (United States), Teknos Group (Finland), PPG Industries, Inc. (United States), RPM International Inc. (United States)
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|
Customization Scope
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15% Free Customization (For EG)
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|
Delivery Format
|
PDF and Excel through Email
|
Report Coverage
The study on the Industrial Coatings market provides a thorough examination of the sector. Important company profiles, new product releases, significant mergers, acquisitions, and collaborations, as well as the incidence of osteoarthritis in important nations, are also highlighted in the research.
Industrial Coatings - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Industrial Coatings Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Industrial Coatings Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Industrial Coatings Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Continuous Demand for Extended Product Lifetime and Reduced Maintenance for Industrial Coating
- 3.1.2 Rising Customer Spending and Improving Infrastructure in Developed Countries such as the United States and Western Europe
-
3.2 Available Opportunities
- 3.2.1 Continuous Demand for Extended Product Lifetime and Reduced Maintenance for Industrial Coating
-
3.3 Influencing Trends
- 3.3.1 High-Performance Durability as Compared to Traditional Paints and Coatings
- 3.3.2 Surging Demand for
-
3.4 Challenges
- 3.4.1 VOCs
- 3.4.2 Durability
- 3.4.3 Cost
- 3.5 Regional Dynamics
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Chapter 4 : Global Industrial Coatings Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Industrial Coatings Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
Chapter 5: Industrial Coatings : Competition Benchmarking & Performance Evaluation
- 5.1 Global Industrial Coatings Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Industrial Coatings Revenue 2023
- 5.3 Global Industrial Coatings Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Ansoff Matrix
- 5.6 FPNV Positioning Matrix
Chapter 6: Global Industrial Coatings Market: Company Profiles
- 6.1 Jotun A/S (Norway)
- 6.1.1 Jotun A/S (Norway) Company Overview
- 6.1.2 Jotun A/S (Norway) Product/Service Portfolio & Specifications
- 6.1.3 Jotun A/S (Norway) Key Financial Metrics
- 6.1.4 Jotun A/S (Norway) SWOT Analysis
- 6.1.5 Jotun A/S (Norway) Development Activities
- 6.2 Axalta Coating Systems
- 6.3 LLC (United States)
- 6.4 AkzoNobel N.V. (Netherlands)
- 6.5 The Sherwin-Williams Company (United States)
- 6.6 Teknos Group (Finland)
- 6.7 PPG Industries
- 6.8 Inc. (United States)
- 6.9 RPM International Inc. (United States)
- 6.10 Tikkurila Oyj (Finland)
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Chapter 7 : Global Industrial Coatings by Type & Application (2019-2031)
-
7.1 Global Industrial Coatings Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Powder
- 7.1.2 Liquid
- 7.1.3 UV-cured
- 7.1.4 Ceramic
- 7.1.5 Epoxy
-
7.2 Global Industrial Coatings Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Automotive
- 7.2.2 Aerospace
- 7.2.3 Construction
- 7.2.4 Furniture
- 7.2.5 Electronics
- 7.3 Global Industrial Coatings Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Industrial Coatings Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Industrial Coatings Market Breakdown by Country, Type & Application
- 8.1 North America Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Powder
- 8.2.2 Liquid
- 8.2.3 UV-cured
- 8.2.4 Ceramic
- 8.2.5 Epoxy
-
8.3 North America Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Automotive
- 8.3.2 Aerospace
- 8.3.3 Construction
- 8.3.4 Furniture
- 8.3.5 Electronics
- 8.4 North America Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM Industrial Coatings Market Breakdown by Country, Type & Application
- 9.1 LATAM Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Powder
- 9.2.2 Liquid
- 9.2.3 UV-cured
- 9.2.4 Ceramic
- 9.2.5 Epoxy
-
9.3 LATAM Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Automotive
- 9.3.2 Aerospace
- 9.3.3 Construction
- 9.3.4 Furniture
- 9.3.5 Electronics
- 9.4 LATAM Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Industrial Coatings Market Breakdown by Country, Type & Application
- 10.1 West Europe Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Powder
- 10.2.2 Liquid
- 10.2.3 UV-cured
- 10.2.4 Ceramic
- 10.2.5 Epoxy
-
10.3 West Europe Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Automotive
- 10.3.2 Aerospace
- 10.3.3 Construction
- 10.3.4 Furniture
- 10.3.5 Electronics
- 10.4 West Europe Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Industrial Coatings Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Powder
- 11.2.2 Liquid
- 11.2.3 UV-cured
- 11.2.4 Ceramic
- 11.2.5 Epoxy
-
11.3 Central & Eastern Europe Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Automotive
- 11.3.2 Aerospace
- 11.3.3 Construction
- 11.3.4 Furniture
- 11.3.5 Electronics
- 11.4 Central & Eastern Europe Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Industrial Coatings Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Powder
- 12.2.2 Liquid
- 12.2.3 UV-cured
- 12.2.4 Ceramic
- 12.2.5 Epoxy
-
12.3 Northern Europe Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Automotive
- 12.3.2 Aerospace
- 12.3.3 Construction
- 12.3.4 Furniture
- 12.3.5 Electronics
- 12.4 Northern Europe Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Industrial Coatings Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Powder
- 13.2.2 Liquid
- 13.2.3 UV-cured
- 13.2.4 Ceramic
- 13.2.5 Epoxy
-
13.3 Southern Europe Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Automotive
- 13.3.2 Aerospace
- 13.3.3 Construction
- 13.3.4 Furniture
- 13.3.5 Electronics
- 13.4 Southern Europe Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Industrial Coatings Market Breakdown by Country, Type & Application
- 14.1 East Asia Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Powder
- 14.2.2 Liquid
- 14.2.3 UV-cured
- 14.2.4 Ceramic
- 14.2.5 Epoxy
-
14.3 East Asia Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Automotive
- 14.3.2 Aerospace
- 14.3.3 Construction
- 14.3.4 Furniture
- 14.3.5 Electronics
- 14.4 East Asia Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Industrial Coatings Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Powder
- 15.2.2 Liquid
- 15.2.3 UV-cured
- 15.2.4 Ceramic
- 15.2.5 Epoxy
-
15.3 Southeast Asia Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Automotive
- 15.3.2 Aerospace
- 15.3.3 Construction
- 15.3.4 Furniture
- 15.3.5 Electronics
- 15.4 Southeast Asia Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Industrial Coatings Market Breakdown by Country, Type & Application
- 16.1 South Asia Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Powder
- 16.2.2 Liquid
- 16.2.3 UV-cured
- 16.2.4 Ceramic
- 16.2.5 Epoxy
-
16.3 South Asia Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Automotive
- 16.3.2 Aerospace
- 16.3.3 Construction
- 16.3.4 Furniture
- 16.3.5 Electronics
- 16.4 South Asia Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Industrial Coatings Market Breakdown by Country, Type & Application
- 17.1 Central Asia Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Powder
- 17.2.2 Liquid
- 17.2.3 UV-cured
- 17.2.4 Ceramic
- 17.2.5 Epoxy
-
17.3 Central Asia Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Automotive
- 17.3.2 Aerospace
- 17.3.3 Construction
- 17.3.4 Furniture
- 17.3.5 Electronics
- 17.4 Central Asia Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Industrial Coatings Market Breakdown by Country, Type & Application
- 18.1 Oceania Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Powder
- 18.2.2 Liquid
- 18.2.3 UV-cured
- 18.2.4 Ceramic
- 18.2.5 Epoxy
-
18.3 Oceania Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Automotive
- 18.3.2 Aerospace
- 18.3.3 Construction
- 18.3.4 Furniture
- 18.3.5 Electronics
- 18.4 Oceania Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Industrial Coatings Market Breakdown by Country, Type & Application
- 19.1 MEA Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Powder
- 19.2.2 Liquid
- 19.2.3 UV-cured
- 19.2.4 Ceramic
- 19.2.5 Epoxy
-
19.3 MEA Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Automotive
- 19.3.2 Aerospace
- 19.3.3 Construction
- 19.3.4 Furniture
- 19.3.5 Electronics
- 19.4 MEA Industrial Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA Industrial Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA Industrial Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Industrial Coatings market may reach an estimated size of 100 Billion by 2031.
The Industrial Coatings Market is growing at a CAGR of 6.00% over the forecasted period 2023 - 2031.
The changing dynamics and trends such as High-Performance Durability As Compared To Traditional Paints And Coatings,
Surging Demand For End Use Specific Coating Solutions,
are seen as major Game Changer in Global Industrial Coatings Market.
The leaders in the Global Industrial Coatings Market such as Jotun A/S (Norway), Axalta Coating Systems, LLC (United States), AkzoNobel N.V. (Netherlands), The Sherwin-Williams Company (United States), Teknos Group (Finland), PPG Industries, Inc. (United States), RPM International Inc. (United States), Tikkurila Oyj (Finland) are targeting innovative and differentiated growth drivers some of them are Continuous Demand For Extended Product Lifetime And Reduced Maintenance For Industrial Coating,
Rising Customer Spending And Improving Infrastructure In Developed Countries Such As The United States And Western Europe,
Some of the major roadblocks that industry players have identified are VOCs, Durability, Cost.
The market opportunity is clear from the flow of investment into Global Industrial Coatings Market, some of them are Continuous Demand For Extended Product Lifetime And Reduced Maintenance For Industrial Coating,
Rising Customer Spending And Improving Infrastructure In Developed Countries Such As The United States And Western Europe,
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Jotun A/S (Norway), Axalta Coating Systems, LLC (United States), AkzoNobel N.V. (Netherlands), The Sherwin-Williams Company (United States), Teknos Group (Finland), PPG Industries, Inc. (United States), RPM International Inc. (United States), Tikkurila Oyj (Finland) etc are the main players listed in the Global Industrial Coatings Market Study.
The Global Industrial Coatings Market Study is Broken down by applications such as Automotive, Aerospace, Construction, Furniture, Electronics.
The Global Industrial Coatings Market Study is segmented by Powder, Liquid, UV-cured, Ceramic, Epoxy.
The Global Industrial Coatings Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - Base year: 2023. Forecast period**: 2025 to 2031 [** unless otherwise stated]
Industrial coatings are type of specialty paints and coatings which offers specific characteristics to the surface. It has wide number of application in various end-use industries which comprises of lifestyle products, automotive, consumer electronics, construction among others. These type of paints and coatings have higher performance and durability and is also involved in offering biocompatible protections as well as anti-microbial properties. Various properties of Speciality paints and coatings are anti-abrasion, UV protection, anti-corrosion, and chemical resistance among others. Rapid urbanization coupled with increasing per capita income among consumers, rising demand for speciality paints and coatings from automotive, wood furniture and marine industry is fostering the market for industrial coatings market
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