Table of Content

1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 MARKET INCLUSIONS 34
1.2.2 MARKET EXCLUSIONS 34
1.3 MARKET SEGMENTATION 35
1.3.1 REGIONS COVERED 35
1.3.2 YEARS CONSIDERED FOR THE STUDY 36
1.4 CURRENCY 36
1.5 UNIT CONSIDERED 36
1.6 STAKEHOLDERS 36
1.7 SUMMARY OF CHANGES 37
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH DATA 38
FIGURE 1 PROTECTIVE COATINGS MARKET: RESEARCH DESIGN 38
2.1.1 SECONDARY DATA 39
2.1.1.1 Key data from secondary sources 39
2.1.2 PRIMARY DATA 39
2.1.2.1 Key data from primary sources 40
2.1.2.2 Breakdown of primary interviews 40
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS 40
2.1.2.3 Primary data sources 41
2.2 MARKET SIZE ESTIMATION 41
2.2.1 BOTTOM-UP APPROACH 41
FIGURE 3 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 41
2.2.2 TOP-DOWN APPROACH 42
FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 42
2.3 DATA TRIANGULATION 43
FIGURE 5 DATA TRIANGULATION: PROTECTIVE COATINGS MARKET 43
2.4 ASSUMPTIONS 44
2.5 LIMITATIONS 45
2.6 RISK ANALYSIS ASSESSMENT 45
2.7 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 45
3 EXECUTIVE SUMMARY 46
TABLE 1 PROTECTIVE COATINGS MARKET SNAPSHOT, 2021 VS. 2026 47
FIGURE 6 EPOXY RESIN ACCOUNTED FOR THE LARGEST SHARE 48
FIGURE 7 MARINE END-USE INDUSTRY LED THE PROTECTIVE COATINGS MARKET IN 2020 48
FIGURE 8 APAC TO WITNESS HIGHEST CAGR BETWEEN 2021 AND 2026 49
4 PREMIUM INSIGHTS 50
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN THE PROTECTIVE COATINGS MARKET 50
FIGURE 9 INCREASING DEMAND FROM END-USE INDUSTRIES ATTRACTING INVESTMENTS 50
4.2 PROTECTIVE COATINGS MARKET, BY RESIN TYPE 50
FIGURE 10 EPOXY RESIN TYPE TO LEAD PROTECTIVE COATINGS MARKET 50
4.3 PROTECTIVE COATINGS MARKET, BY END-USE INDUSTRY 51
FIGURE 11 CIVIL BUILDING AND INFRASTRUCTURE TO BE FASTEST-GROWING END-USE INDUSTRY IN THE MARKET 51
4.4 PROTECTIVE COATINGS MARKET, DEVELOPED VS. EMERGING COUNTRIES 51
FIGURE 12 CHINA TO BE THE LARGEST PROTECTIVE COATINGS MARKET 51
4.5 APAC: PROTECTIVE COATINGS MARKET, BY RESIN TYPE AND END-USE INDUSTRY 52
FIGURE 13 MARINE END-USE INDUSTRY ACCOUNTED FOR THE LARGEST SHARE 52
4.6 PROTECTIVE COATINGS MARKET, BY COUNTRY 52
FIGURE 14 MARKET IN INDIA TO GROW AT THE HIGHEST CAGR 52
5 MARKET OVERVIEW 53
5.1 MARKET DYNAMICS 53
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES IN THE PROTECTIVE COATINGS MARKET 53
5.1.1 DRIVERS 54
5.1.1.1 Growing demand from civil building & infrastructure industry 54
5.1.1.2 Increasing need for efficient processes and longer life of equipment and devices 54
5.1.2 RESTRAINTS 54
5.1.2.1 High prices of raw materials and energy 54
5.1.3 OPPORTUNITIES 55
5.1.3.1 Increasing demand for maintenance of existing substrates 55
5.1.3.2 New products increasing use of protective coatings 55
5.1.4 CHALLENGES 55
5.1.4.1 Development of cost-effective products under stringent environmental regulations 55
5.2 PORTER’S FIVE FORCES ANALYSIS 55
TABLE 2 PROTECTIVE COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS 55
FIGURE 16 PROTECTIVE COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS 56
5.2.1 BARGAINING POWER OF SUPPLIERS 56
5.2.2 THREAT OF NEW ENTRANTS 57
5.2.3 THREAT OF SUBSTITUTES 57
5.2.4 BARGAINING POWER OF BUYERS 57
5.2.5 INTENSITY OF COMPETITIVE RIVALRY 58
5.3 MACROECONOMIC INDICATORS 58
5.3.1 INTRODUCTION 58
5.3.2 TRENDS AND FORECAST OF GDP 58
TABLE 3 TRENDS AND FORECAST OF GDP, PERCENTAGE CHANGE 58
5.3.3 TRENDS AND FORECASTS FOR THE GLOBAL CONSTRUCTION INDUSTRY 59
FIGURE 17 GLOBAL SPENDING IN THE CONSTRUCTION INDUSTRY, 2014–2035 59
5.3.4 TRENDS IN THE OIL & GAS INDUSTRY 60
FIGURE 18 TOP TEN OIL PRODUCERS AS OF JUNE 2020 60
FIGURE 19 OIL PRODUCTION BY REGION, 2017-2019 61
5.3.5 TRENDS IN THE POWER GENERATION INDUSTRY 61
FIGURE 20 ELECTRICITY GENERATION, BY REGION 61
5.4 IMPACT OF COVID-19 62
5.5 COVID-19 ECONOMIC ASSESSMENT 62
FIGURE 21 ECONOMIC OUTLOOK FOR MAJOR COUNTRIES 64
5.5.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT 64
FIGURE 22 FACTORS THAT IMPACTED ECONOMY OF SELECT G20 COUNTRIES IN 2020 64
5.6 IMPACT OF COVID-19 ON END-USE INDUSTRIES 66
FIGURE 23 PRE-COVID-19 IMPACT AND POST-COVID-19 IMPACT MARKET SCENARIOS: PROTECTIVE COATINGS MARKET 66
5.6.1 IMPACT ON CONSTRUCTION INDUSTRY 66
5.7 IMPACT OF COVID-19 ON REGIONS 66
5.7.1 IMPACT OF COVID-19 ON APAC 66
5.7.2 IMPACT OF COVID-19 ON NORTH AMERICA 67
5.7.3 IMPACT OF COVID-19 ON EUROPE 67
5.7.4 IMPACT OF COVID-19 ON MIDDLE EAST & AFRICA 67
5.7.5 IMPACT OF COVID-19 ON SOUTH AMERICA 68
5.8 VALUE CHAIN ANALYSIS 68
FIGURE 24 PROTECTIVE COATINGS MARKET: VALUE CHAIN ANALYSIS 68
5.9 PRICING ANALYSIS 69
FIGURE 25 AVERAGE PRICE COMPETITIVENESS IN PROTECTIVE COATINGS MARKET,
BY REGION 69
5.10 PAINTS & COATINGS ECOSYSTEM AND INTERCONNECTED MARKET 69
TABLE 4 PROTECTIVE COATINGS MARKET: SUPPLY CHAIN 70
FIGURE 26 PAINTS & COATINGS: ECOSYSTEM 71
5.11 YC AND YCC SHIFT 71
5.12 EXPORT-IMPORT TRADE STATISTICS 72
TABLE 5 COUNTRY-WISE EXPORT DATA, PAINTS, AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY-MODIFIED POLYMERS DISPERSED AND DISSOLVED IN AQUEOUS MEDIUM, 2020 72
TABLE 6 COUNTRY-WISE EXPORT DATA, PAINTS, AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY-MODIFIED POLYMERS DISPERSED AND DISSOLVED IN NON-AQUEOUS MEDIUM, 2020 73
TABLE 7 COUNTRY-WISE IMPORT DATA, PAINTS, AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY-MODIFIED POLYMERS DISPERSED AND DISSOLVED IN AQUEOUS MEDIUM, 2020 75
TABLE 8 COUNTRY-WISE IMPORT DATA, PAINTS AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY-MODIFIED POLYMERS DISPERSED AND DISSOLVED IN NON-AQUEOUS MEDIUM, 2020 76
5.13 REGULATIONS 78
5.13.1 COATINGS STANDARD 78
TABLE 9 BASIC COATING SYSTEM REQUIREMENTS FOR DEDICATED SEAWATER BALLAST TANKS OF ALL TYPE OF SHIPS AND DOUBLE-SIDE SKIN SPACES OF BULK CARRIERS OF 150 M AND UPWARD: 79
5.14 PATENT ANALYSIS 82
5.14.1 METHODOLOGY 82
5.14.2 PUBLICATION TRENDS 82
FIGURE 27 NUMBER OF PATENTS PUBLISHED, 2015-2021 82
5.14.3 TOP JURISDICTION 82
FIGURE 28 PATENTS PUBLISHED BY JURISDICTION, 2015-2020 83
5.14.4 TOP APPLICANTS 83
FIGURE 29 PATENTS PUBLISHED BY MAJOR APPLICANTS, 2015-2021 83
TABLE 10 RECENT PATENTS BY OWNERS 84
5.15 CASE STUDY ANALYSIS 84
5.16 TECHNOLOGY ANALYSIS 86
6 PROTECTIVE COATINGS MARKET, BY TECHNOLOGY 88
6.1 INTRODUCTION 89
FIGURE 30 SOLVENT-BASED COATINGS TO BE LARGEST TECHNOLOGY SEGMENT DURING THE FORECAST PERIOD 89
TABLE 11 PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (USD MILLION) 89
TABLE 12 PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (USD MILLION) 90
TABLE 13 PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (KILOTONS) 90
TABLE 14 PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (KILOTONS) 90
6.2 SOLVENT-BASED PROTECTIVE COATINGS 91
TABLE 15 TRADITIONAL FORMULATION SOLVENTS USED FOR EACH RESIN TYPE 91
6.2.1 ADVANTAGES AND DISADVANTAGES OF SOLVENT-BASED PROTECTIVE COATINGS 91
TABLE 16 SOLVENT-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 92
TABLE 17 SOLVENT-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 92
TABLE 18 SOLVENT-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 92
TABLE 19 SOLVENT-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 93
6.3 WATER-BASED PROTECTIVE COATINGS 93
6.3.1 TYPE 93
FIGURE 31 TYPES OF WATER-BASED COATINGS 94
6.3.2 RESIN TYPES USED IN FORMULATIONS OF WATER-BASED PROTECTIVE COATINGS 94
6.3.3 APPLICATIONS OF WATER-BASED PROTECTIVE COATINGS 94
6.3.4 ADVANTAGES AND DISADVANTAGES OF WATER-BASED PROTECTIVE COATINGS 95
FIGURE 32 DRIVERS AND RESTRAINTS IN THE WATER-BASED PROTECTIVE COATINGS MARKET 95
TABLE 20 WATER-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 95
TABLE 21 WATER-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 96
TABLE 22 WATER-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 96
TABLE 23 WATER-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 96
6.4 POWDER COATINGS 97
6.4.1 TYPE 97
FIGURE 33 TYPES OF POWDER COATINGS 97
FIGURE 34 DRIVERS AND RESTRAINTS IN THE POWDER COATINGS MARKET 98
TABLE 24 POWDER COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 98
TABLE 25 POWDER COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 99
TABLE 26 POWDER COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 99
TABLE 27 POWDER COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 99
6.5 OTHERS 100
6.5.1 HIGH-SOLID COATINGS 100
6.5.1.1 Type 100
FIGURE 35 TYPES OF HIGH-SOLIDS COATINGS 100
6.5.1.2 Advantages and disadvantages 100
FIGURE 36 DRIVERS AND RESTRAINTS IN THE HIGH-SOLID COATINGS MARKET 101
6.5.2 RADIATION-CURABLE COATINGS 101
6.5.2.1 Type 102
FIGURE 37 TYPES OF RADIATION-CURABLE COATINGS 102
6.5.2.2 Resin systems 102
6.5.2.3 Applications 102
6.5.2.4 Advantages 102
6.5.2.5 Disadvantages 103
FIGURE 38 DRIVERS AND RESTRAINTS IN THE RADIATION-CURABLE COATINGS MARKET 103
TABLE 28 OTHER TECHNOLOGIES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 104
TABLE 29 OTHER TECHNOLOGIES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 104
TABLE 30 OTHER TECHNOLOGIES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 105
TABLE 31 OTHER TECHNOLOGIES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 105
7 PROTECTIVE COATINGS MARKET, BY RESIN TYPE 106
7.1 INTRODUCTION 107
FIGURE 39 EPOXY-BASED COATINGS TO LEAD THE PROTECTIVE COATINGS MARKET 107
TABLE 32 PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (USD MILLION) 108
TABLE 33 PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2021–2026 (USD MILLION) 108
TABLE 34 PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (KILOTON) 108
TABLE 35 PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2021–2026 (KILOTON) 109
7.2 EPOXY 109
7.2.1 LARGEST CATEGORY OF PROTECTIVE COATINGS USED FOR DIFFERENT APPLICATIONS 109
TABLE 36 PROPERTIES AND APPLICATIONS OF EPOXY PROTECTIVE COATINGS 110
TABLE 37 EPOXY PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 110
TABLE 38 EPOXY PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 110
TABLE 39 EPOXY PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 111
TABLE 40 EPOXY PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 111
7.3 POLYURETHANE 111
7.3.1 FAST CURE TIME INCREASES THE UTILIZATION OF POLYURETHANE PROTECTIVE COATINGS 111
TABLE 41 PROPERTIES AND APPLICATIONS OF POLYURETHANE PROTECTIVE COATINGS 112
TABLE 42 POLYURETHANE PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 112
TABLE 43 POLYURETHANE PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 112
TABLE 44 POLYURETHANE PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 113
TABLE 45 POLYURETHANE PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 113
7.4 ACRYLIC 113
7.4.1 EXCELLENT WEATHERING AND OXIDATION-RESISTANT PROPERTIES TO BOOST GROWTH OF THIS SEGMENT 113
TABLE 46 PROPERTIES AND APPLICATIONS OF ACRYLIC PROTECTIVE COATINGS 114
TABLE 47 ACRYLIC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 114
TABLE 48 ACRYLIC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 114
TABLE 49 ACRYLIC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 115
TABLE 50 ACRYLIC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 115
7.5 ALKYD 115
7.5.1 COMBINATIONS MADE BY ADDING DIFFERENT BINDERS, ADDITIVES, AND MODIFIERS TO AMPLIFY THE MARKET OF ALKYD 115
TABLE 51 PROPERTIES AND APPLICATIONS OF ALKYD PROTECTIVE COATINGS 116
TABLE 52 ALKYD PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 116
TABLE 53 ALKYD PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 116
TABLE 54 ALKYD PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 117
TABLE 55 ALKYD PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 117
7.6 ZINC 117
7.6.1 EXCELLENT CORROSION RESISTANCE IN MOST ENVIRONMENTS LEADS TO ITS INCREASING USE 117
TABLE 56 PROPERTIES AND APPLICATIONS OF ZINC PROTECTIVE COATINGS 118
TABLE 57 ZINC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 118
TABLE 58 ZINC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 118
TABLE 59 ZINC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 119
TABLE 60 ZINC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 119
7.7 OTHERS 119
TABLE 61 OTHER PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 120
TABLE 62 OTHER PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 120
TABLE 63 OTHER PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 120
TABLE 64 OTHER PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 121
8 PROTECTIVE COATINGS MARKET, BY APPLICATION 122
8.1 INTRODUCTION 122
8.2 ABRASION RESISTANCE 122
8.3 CHEMICAL RESISTANCE 122
8.4 FIRE PROTECTION 123
8.5 HEAT RESISTANCE 123
8.6 CORROSION PROTECTION 123
8.7 PIPE COATINGS 124
8.8 TANK LININGS 124
9 PROTECTIVE COATINGS MARKET, BY END-USE INDUSTRY TYPE 125
9.1 INTRODUCTION 126
FIGURE 40 MARINE IS LARGEST END-USE INDUSTRY OF PROTECTIVE COATINGS 126
TABLE 65 PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY TYPE,
2017–2020 (USD MILLION) 126
TABLE 66 PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY TYPE,
2021–2026 (USD MILLION) 127
TABLE 67 PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY TYPE,
2017–2020 (KILOTONS) 127
TABLE 68 PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY TYPE,
2021–2026 (KILOTONS) 128
9.2 OFFSHORE STRUCTURES/OIL & GAS EXPLORATION, PRODUCTION,
AND TRANSMISSION 128
9.2.1 THERMAL RESISTANCE AND FIRE PROTECTION COATINGS TO DRIVE THE MARKET IN THE OFFSHORE AND OIL & GAS END-USE INDUSTRY 128
TABLE 69 OFFSHORE STRUCTURES/OIL & GAS EXPLORATION, PRODUCTION, AND TRANSMISSION: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 129
TABLE 70 OFFSHORE STRUCTURES/OIL & GAS EXPLORATION, PRODUCTION, AND TRANSMISSION: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 129
TABLE 71 OFFSHORE STRUCTURES/OIL & GAS EXPLORATION, PRODUCTION, AND TRANSMISSION: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTONS) 129
TABLE 72 OFFSHORE STRUCTURES/OIL & GAS EXPLORATION, PRODUCTION, AND TRANSMISSION: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 130
9.3 PETROCHEMICAL - REFINERIES AND CHEMICAL PROCESSING 130
9.3.1 TANK LININGS AND SAFETY COATINGS APPLICATION INCREASE THE DEMAND FOR PROTECTIVE COATINGS 130
TABLE 73 PETROCHEMICAL – REFINERIES AND CHEMICAL PROCESSING: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 131
TABLE 74 PETROCHEMICAL – REFINERIES AND CHEMICAL PROCESSING: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 131
TABLE 75 PETROCHEMICAL – REFINERIES AND CHEMICAL PROCESSING: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 131
TABLE 76 PETROCHEMICAL – REFINERIES AND CHEMICAL PROCESSING: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 132
9.4 MARINE 132
9.4.1 SHIPPING STANDARDS EXPECTED TO INCREASE THE SALES OF PROTECTIVE COATINGS IN THE MARINE END-USE INDUSTRY MARKET 132
TABLE 77 MARINE: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 133
TABLE 78 MARINE: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 133
TABLE 79 MARINE: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTONS) 133
TABLE 80 MARINE: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTONS) 134
9.5 CARGO CONTAINERS 134
9.5.1 ROUGH AND TOUGH ENVIRONMENTAL CONDITIONS MAKE PROTECTIVE COATINGS A NECESSITY FOR CARGO CONTAINERS 134
TABLE 81 CARGO CONTAINERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 134
TABLE 82 CARGO CONTAINERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 135
TABLE 83 CARGO CONTAINERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 135
TABLE 84 CARGO CONTAINERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 135
9.6 POWER GENERATION 136
9.6.1 MAINTENANCE SYSTEMS AND STRUCTURES PROTECTED DUE TO PROTECTIVE COATINGS 136
TABLE 85 POWER GENERATION: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 136
TABLE 86 POWER GENERATION: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 136
TABLE 87 POWER GENERATION: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 137
TABLE 88 POWER GENERATION: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 137
9.7 WATER AND WASTE TREATMENT 138
9.7.1 ABRASION AND CHEMICAL RESISTANCE PROPERTIES TO BOOST THE DEMAND FOR PROTECTIVE COATINGS 138
TABLE 89 WATER AND WASTE TREATMENT: PROTECTIVE COATINGS MARKET SIZE,
BY REGION, 2017–2020 (USD MILLION) 138
TABLE 90 WATER AND WASTE TREATMENT: PROTECTIVE COATINGS MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION) 138
TABLE 91 WATER AND WASTE TREATMENT: PROTECTIVE COATINGS MARKET SIZE,
BY REGION, 2017–2020 (KILOTONS) 139
TABLE 92 WATER AND WASTE TREATMENT: PROTECTIVE COATINGS MARKET SIZE,
BY REGION, 2021–2026 (KILOTONS) 139
9.8 CIVIL BUILDING AND INFRASTRUCTURE 139
9.8.1 MULTIPURPOSE PROPERTIES LEAD TO THE EXPANSION OF THE PROTECTIVE COATINGS MARKET IN CIVIL BUILDINGS AND INFRASTRUCTURE 139
TABLE 93 CIVIL BUILDINGS AND INFRASTRUCTURE: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 140
TABLE 94 CIVIL BUILDINGS AND INFRASTRUCTURE: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 140
TABLE 95 CIVIL BUILDINGS AND INFRASTRUCTURE: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 140
TABLE 96 CIVIL BUILDINGS AND INFRASTRUCTURE: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 141
9.9 FOOD AND BEVERAGES 141
9.9.1 HEAVY EQUIPMENT & FOOD PROCESSING UNITS REQUIRE PROTECTION AND DRIVE THE DEMAND FOR PROTECTIVE COATINGS 141
TABLE 97 FOOD AND BEVERAGES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 141
TABLE 98 FOOD AND BEVERAGES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 142
TABLE 99 FOOD AND BEVERAGES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 142
TABLE 100 FOOD AND BEVERAGES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 142
9.10 OTHERS 143
TABLE 101 OTHERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 143
TABLE 102 OTHERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 143
TABLE 103 OTHERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTONS) 143
TABLE 104 OTHERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTONS) 144
10 PROTECTIVE COATINGS MARKET, BY REGION 145
10.1 INTRODUCTION 146
FIGURE 41 PROTECTIVE COATINGS MARKET IN APAC TO GROW AT THE HIGHEST CAGR BETWEEN 2021 AND 2026 146
TABLE 105 PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 147
TABLE 106 PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 147
TABLE 107 PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 147
TABLE 108 PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 148
10.2 APAC 148
FIGURE 42 APAC: PROTECTIVE COATINGS MARKET SNAPSHOT 149
TABLE 109 APAC: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 149
TABLE 110 APAC: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 150
TABLE 111 APAC: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2017–2020 (KILOTONS) 150
TABLE 112 APAC: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2021–2026 (KILOTONS) 150
TABLE 113 APAC: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (USD MILLION) 151
TABLE 114 APAC: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (USD MILLION) 151
TABLE 115 APAC: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (KILOTONS) 151
TABLE 116 APAC: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (KILOTONS) 151
TABLE 117 APAC: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (USD MILLION) 152
TABLE 118 APAC: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2021–2026 (USD MILLION) 152
TABLE 119 APAC: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (KILOTONS) 152
TABLE 120 APAC: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2021–2026 (KILOTONS) 153
TABLE 121 APAC: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (USD MILLION) 153
TABLE 122 APAC: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (USD MILLION) 154
TABLE 123 APAC: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (KILOTONS) 154
TABLE 124 APAC: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (KILOTONS) 155
10.2.1 CHINA 155
10.2.1.1 Rising demand from housing industry corroborated by increasing population 155
10.2.2 INDIA 156
10.2.2.1 Increased FDI investments and shifting of manufacturing facilities to drive the market 156
10.2.3 JAPAN 157
10.2.3.1 Investments in civil engineering to boost the protective coatings market 157
10.2.4 SOUTH KOREA 158
10.2.4.1 Rising demand from the infrastructure & construction and marine industries 158
10.2.5 REST OF APAC 158
10.3 EUROPE 159
FIGURE 43 EUROPE: PROTECTIVE COATINGS MARKET SNAPSHOT 160
TABLE 125 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 161
TABLE 126 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 161
TABLE 127 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2017–2020 (KILOTONS) 161
TABLE 128 EUROPE: PROTECTIVE COATINGS MARKET, BY COUNTRY,
2021–2026 (KILOTONS) 162
TABLE 129 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (USD MILLION) 162
TABLE 130 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (USD MILLION) 163
TABLE 131 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (KILOTONS) 163
TABLE 132 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (KILOTONS) 163
TABLE 133 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (USD MILLION) 164
TABLE 134 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2021–2026 (USD MILLION) 164
TABLE 135 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (KILOTONS) 164
TABLE 136 EUROPE: PROTECTIVE COATINGS MARKET, BY RESIN TYPE,
2021–2026 (KILOTONS) 165
TABLE 137 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 165
TABLE 138 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION) 166
TABLE 139 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTONS) 166
TABLE 140 EUROPE: PROTECTIVE COATINGS MARKET, BY END-USE INDUSTRY,
2021–2026 (KILOTONS) 167
10.3.1 GERMANY 167
10.3.1.1 Increasing demand from the power generation and marine industries 167
10.3.2 FRANCE 168
10.3.2.1 Large-scale investments in energy, transport infrastructure,
and commercial and industrial projects 168
10.3.3 ITALY 168
10.3.3.1 Construction industry is expected to boost demand for protective coatings 168
10.3.4 UK 169
10.3.4.1 Growing construction industry to boost demand for protective coatings 169
10.3.5 SPAIN 170
10.3.5.1 Oil & gas industry to accelerate market growth in the country 170
10.3.6 RUSSIA 170
10.3.6.1 Significant demand from the marine and shipbuilding industry 170
10.3.7 REST OF EUROPE 171
10.4 NORTH AMERICA 171
FIGURE 44 NORTH AMERICA: PROTECTIVE COATINGS MARKET SNAPSHOT 172
TABLE 141 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION) 172
TABLE 142 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION) 173
TABLE 143 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTONS) 173
TABLE 144 NORTH AMERICA: PROTECTIVE COATINGS MARKET, BY COUNTRY,
2021–2026 (KILOTONS) 173
TABLE 145 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2017–2020 (USD MILLION) 174
TABLE 146 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021–2026 (USD MILLION) 174
TABLE 147 NORTH AMERICA PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2017–2020 (KILOTONS) 174
TABLE 148 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021–2026 (KILOTONS) 175
TABLE 149 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2017–2020 (USD MILLION) 175
TABLE 150 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021–2026 (USD MILLION) 175
TABLE 151 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2017–2020 (KILOTONS) 176
TABLE 152 NORTH AMERICA: PROTECTIVE COATINGS MARKET, BY RESIN TYPE,
2021–2026 (KILOTONS) 176
TABLE 153 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 177
TABLE 154 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION) 177
TABLE 155 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTONS) 178
TABLE 156 NORTH AMERICA: PROTECTIVE COATINGS MARKET, BY END-USE INDUSTRY, 2021–2026 (KILOTONS) 178
10.4.1 US 179
10.4.1.1 Innovation in developing technologies to lead the market 179
10.4.2 CANADA 179
10.4.2.1 Oil & gas industries to lead to the growth of the market 179
10.4.3 MEXICO 180
10.4.3.1 Power generation sector and shipping containers industry expected to show robust growth 180
10.5 MIDDLE EAST & AFRICA 181
TABLE 157 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION) 181
TABLE 158 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION) 181
TABLE 159 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTONS) 182
TABLE 160 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTONS) 182
TABLE 161 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE,
BY TECHNOLOGY, 2017–2020 (USD MILLION) 182
TABLE 162 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE,
BY TECHNOLOGY, 2021&ndas12 COMPANY PROFILES 224
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 MAJOR PLAYERS 224
12.1.1 AKZONOBEL N.V. (AKZONOBEL) 224
TABLE 197 AKZONOBEL N.V.: COMPANY OVERVIEW 224
FIGURE 50 AKZONOBEL N.V.: COMPANY SNAPSHOT 225
TABLE 198 AKZONOBEL N.V.: PRODUCT LAUNCHES 227
TABLE 199 AKZONOBEL N.V.: DEALS 227
12.1.2 PPG INDUSTRIES 230
TABLE 200 PPG INDUSTRIES: COMPANY OVERVIEW 230
FIGURE 51 PPG INDUSTRIES: COMPANY SNAPSHOT 230
TABLE 201 PPG INDUSTRIES: PRODUCT LAUNCHES 236
TABLE 202 PPG INDUSTRIES: DEALS 236
12.1.3 THE SHERWIN-WILLIAMS COMPANY 239
TABLE 203 THE SHERWIN-WILLIAMS COMPANY: COMPANY OVERVIEW 239
FIGURE 52 THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT 239
TABLE 204 THE SHERWIN-WILLIAMS COMPANY: PRODUCT LAUNCHES 244
12.1.4 JOTUN A/S 247
TABLE 205 JOTUN A/S: COMPANY OVERVIEW 247
FIGURE 53 JOTUN A/S: COMPANY SNAPSHOT 247
TABLE 206 JOTUN A/S: PRODUCT LAUNCHES 251
TABLE 207 JOTUN A/S: DEALS 252
12.1.5 HEMPEL A/S 254
TABLE 208 HEMPEL A/S: COMPANY OVERVIEW 254
FIGURE 54 HEMPEL A/S: COMPANY SNAPSHOT 255
TABLE 209 HEMPEL A/S: PRODUCT LAUNCHES 258
TABLE 210 HEMPEL A/S: DEALS 259
12.1.6 CHUGOKU MARINE PAINTS LTD. 261
TABLE 211 CHUGOKU MARINE PAINTS LTD.: COMPANY OVERVIEW 261
FIGURE 55 CHUGOKU MARINE PAINTS LTD.: COMPANY SNAPSHOT 262
TABLE 212 CHUGOKU MARINE PAINTS LTD.: DEALS 263
12.1.7 NIPPON PAINT HOLDINGS CO. LTD. 265
TABLE 213 NIPPON PAINT HOLDINGS CO. LTD.: COMPANY OVERVIEW 265
FIGURE 56 NIPPON HOLDINGS CO. LTD.: COMPANY SNAPSHOT 265
12.1.8 SIKA AG 268
TABLE 214 SIKA AG: COMPANY OVERVIEW 268
FIGURE 57 SIKA AG: COMPANY SNAPSHOT 268
12.1.9 KANSAI PAINTS CO. LTD. 271
TABLE 215 KANSAI PAINTS CO. LTD.: COMPANY OVERVIEW 271
FIGURE 58 KANSAI PAINTS CO. LTD.: COMPANY SNAPSHOT 271
TABLE 216 KANSAI PAINTS CO. LTD.: DEALS 272
12.1.10 RPM INTERNATIONAL INC. 273
TABLE 217 RPM INTERNATIONAL INC.: COMPANY OVERVIEW 273
FIGURE 59 RPM INTERNATIONAL INC.: COMPANY SNAPSHOT 274
TABLE 218 RPM INTERNATIONAL INC.: DEALS 277
12.2 OTHER COMPANIES 278
12.2.1 AXALTA COATING SYSTEMS, LLC 278
TABLE 219 AXALTA COATING SYSTEMS, LLC: COMPANY OVERVIEW 278
TABLE 220 AXALTA COATING SYSTEMS, LLC: NEW PRODUCT LAUNCHES 279
TABLE 221 AXALTA COATING SYSTEMS, LLC: DEALS 280
12.2.2 DOW CHEMICAL COMPANY: COMPANY OVERVIEW 281
12.2.3 TEKNOS GROUP 282
TABLE 222 TEKNOS GROUP: COMPANY OVERVIEW 282
TABLE 223 TEKNOS GROUP: NEW PRODUCT LAUNCHES 283
12.2.4 PARKER HANNIFIN CORP 284
TABLE 224 PARKER HANNIFIN CORP: COMPANY OVERVIEW 284
12.2.5 CLOVERDALE PAINT INC. 285
TABLE 225 CLOVERDALE PAINT INC.: COMPANY OVERVIEW 285
TABLE 226 CLOVERDALE PAINT INC.: DEALS 287
12.2.6 BERGER PAINTS INDIA LTD. 288
TABLE 227 BERGER PAINTS INDIA LTD.: COMPANY OVERVIEW 288
TABLE 228 BERGER PAINTS INDIA LTD.: DEALS 289
12.2.7 TNEMEC COMPANY, INC. 291
TABLE 229 TNEMEC COMPANY, INC.: COMPANY OVERVIEW 291
TABLE 230 TNEMEC COMPANY, INC.: DEALS 292
12.2.8 BASF SE 293
TABLE 231 BASF SE: COMPANY OVERVIEW 293
12.2.9 BENJAMIN MOORE & CO. 294
TABLE 232 BENJAMIN MOORE & CO.: COMPANY OVERVIEW 294
TABLE 233 BENJAMIN MOORE & CO.: DEALS 294
12.2.10 NOROO PAINT & COATINGS CO. LTD. 295
TABLE 234 NOROO PAINT & COATINGS CO. LTD.: COMPANY OVERVIEW 295
12.2.11 DULUXGROUP 296
TABLE 235 DULUXGROUP: COMPANY OVERVIEW 296
12.2.12 SHAWCOR 298
TABLE 236 SHAWCOR: COMPANY OVERVIEW 298
12.2.13 FOSROC, INC. 299
TABLE 237 FOSROC, INC.: COMPANY OVERVIEW 299
12.2.14 PREMIUM COATINGS AND CHEMICALS PVT. LTD. 300
TABLE 238 PREMIUM COATINGS AND CHEMICALS PVT. LTD.: COMPANY OVERVIEW 300
12.2.15 WEILBURGER COATINGS GMBH 301
TABLE 239 WEILBURGER COATINGS GMBH: COMPANY OVERVIEW 301
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 APPENDIX 302
13.1 DISCUSSION GUIDE 302
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 305
13.3 AVAILABLE CUSTOMIZATIONS 307
13.4 RELATED REPORTS 307
13.5 AUTHOR DETAILS 308