Industrial Coatings Market, by Category, by Resin Type, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

The global industrial coatings market has diverse end users and is tied to multiple industries. The drivers of the global industrial coatings market are population growth, improved standard of living, infrastructure growth, global GDP growth, and growth in the construction industry. Lighting fixtures, antennas, and electrical components are some of the powder-coated products used daily. The key factor driving the growth of the market includes increasing demand from end-use industries. The global industrial, by end-use industry in Asia Pacific region is expecting a boom in the forecasted period and will lead to an increase in the demand for Industrial Coatings

Market Dynamics

The global industrial coatings market is expected to exhibit a CAGR of 4.51 % during the forecast period, owing to increasing demand from various industries. Growth of the automotive industry is expected to drive demand for paints and coatings, which is further expected to drive demand for powder coatings over the forecast period. An increase in the transportation and transit of consumer goods, people, and raw materials has boosted the automotive industry growth. For instance, according to the China Association of Automobile Manufacturers (CAAM), in September 2019, the production and sales of commercial vehicles in China reached 345,000 and 340,000 units, respectively, which showed an increase of 15.8% and 11.6% when compared to the previous month, and up by 4% and 1.9% year on year, respectively. Moreover, according to the European Automobile Manufacturers Association (ACEA), in December 2019, commercial vehicle registrations increased by 5.7% across the European Union (EU). Moreover, according to the same source, in EU, demand for commercial vehicles increased by 2.5% in 2019, marking the seventh consecutive year of growth.

Among category, the water-borne segment is expected to be the fastest-growing region during the forecast period (2021-2030). Water-borne coatings are surface coatings or finishes that make use of water as a solvent to disperse the resin added to it. The high content of water makes these coatings eco-friendly and easy to apply. Water-borne coatings comprise 80% water along with a small amount of other solvents such as glycol ethers, which are applied to a surface to disperse the resin. Due to its water content, these coatings possess properties such as low VOC, very low odor, and non-flammability. Water-borne coatings dry at a very fast rate and can be re-coated. Conventional coatings have VOC (volatile organic compound) content of about 84% (and 16% solids), while a waterborne base-coat comprises 70% water (and 20% solids) and 10% solvent. Stringent regulations on the use of VOC has increased the demand for water-borne technology in the commercial vehicle paints & coatings market.

Key features of the study:

This report provides an in-depth analysis of industrial coatings market, and provides market size (US$ Million and KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global industrial coatings market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Akzo Nobel N.V., Axalta Coating Systems, BASF Coatings, Beckers Group, Berger Paints India Limited, Chugoku Marine Paints, Ltd., Hempel A/S, Jotun, Kansai Paint Co., Ltd., KCC Corporation, NIPSEA Group, PPG Industries, Inc., Teknos Group, The Chemours Company, and The Sherwin-Williams Company
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
The global industrial coatings market report caters to various stakeholders in this industry including investors, suppliers, industrial coatings manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global industrial coatings market

Detailed Segmentation:

Global Industrial Coatings Market, By Category:
- Water-borne
- Solvent-borne
- Powder
- E-coat
- Others
Global Industrial Coatings Market, By Resin Type:
- Polyurethanes
- Epoxy
- Acrylic
- Fluoropolymer
- Others
Global Industrial Coatings Market, By Application:
- Global Industrial Equipment
- Agriculture Equipment
- Construction Equipment
- Other Industrial Equipment
- Automotive Coatings
- Coil & Extrusion
- Energy & Power
- Packaging
- Marine
- Aerospace
- Rail
- Others
Global Industrial Coatings Market, By Region:
- North America
  - U.S.
  - Canada
- Europe
  - U.K.
  - Italy
  - France
  - Germany
  - Spain
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - Rest of Asia Pacific
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Middle East & Africa
  - Middle East
  - Africa
Company Profiles
- Akzo Nobel N.V.*
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Axalta Coating Systems
- BASF Coatings
- Beckers Group
- Berger Paints India Limited
- Chugoku Marine Paints, Ltd.
- Hempel A/S
- Jotun
- Kansai Paint Co., Ltd.
- KCC Corporation
- NIPSEA Group
- PPG Industries, Inc.
- Teknos Group
- The Chemours Company
- The Sherwin-Williams Company

Product Code: CMI4437

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Category
- Market Snippet, By Resin Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Industrial Coatings Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Industrial Coating Market Market - COVID-19
Impact Analysis

5. Global Industrial Coatings Market, By Category, 2017- 2030 (US$ Mn & KT)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Water-borne
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Solvent-borne
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
E-coat
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)

6. Global Industrial Coatings Market, By Resin Type, 2017- 2030 (US$ Mn & KT)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Polyurethanes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Epoxy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Acrylic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Fluoropolymer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)

7. Global Industrial Coatings Market, By Application, 2017- 2030 (US$ Mn & KT)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
General Industrial Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
- segment Trends
Agriculture Equipment
- Construction Equipment
- Other Industrial Equipment
Automotive Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Coil & Extrusion
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Energy & Power
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Packaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Marine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Aerospace
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Rail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017- 2030, (US$ Mn & KT)

8. Global Industrial Coatings Market, By Region, 2017- 2030 (US$ Mn & KT)

Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017- 2030
North America
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
U.S.
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Canada
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Latin America
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
Brazil
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Argentina
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Mexico
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Rest of Latin America
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Europe
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
U.K.
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Germany
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Italy
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
France
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Spain
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Crop Type, 2017- 2030 (US$ Mn & KT)
Russia
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Rest of Europe
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Asia Pacific
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
China
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
India
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Japan
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
ASEAN
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Australia
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
South Korea
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Category, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Mn & KT)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & KT)
Middle East & Africa
- Market Share Analysis, By Sub-Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, By Sub-Region, 2017 - 2030
Middle East
Africa

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Akzo Nobel N.V.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
- Axalta Coating Systems
- BASF Coatings
- Beckers Group
- Berger Paints India Limited
- Chugoku Marine Paints, Ltd.
- Hempel A/S
- Jotun
- Kansai Paint Co., Ltd.
- KCC Corporation
- NIPSEA Group
- PPG Industries, Inc.
- Teknos Group
- The Chemours Company
- The Sherwin-Williams Company

10. Section

References
Research Methodology
About Us and Sales Contact

Industrial Coatings Market, by Category, by Resin Type, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030