According to Stratistics MRC, the Global Industrial Coatings market is accounted for $99.38 billion in 2017 and is expected to reach $180.83 billion by 2026 growing at a CAGR of 6.8% during the forecast period. Increasing need for efficient process and durable coatings with better aesthetics, excessive use in automotive sectors, need for eco-friendly coatings and booming demand for durable products are some of the major factors fuelling the market growth. Besides, demand in construction and rising focus on research and development of nano-coatings are also favouring the market growth. However, emission of chemicals and complexity in extracting thin coats from powder coating are hampering the market growth.

Industrial coatings are a type of paint that is applied on various derivatives like concrete or steel. On the basis of technology, Solvent-based acquired largest market revenue due to its properties such as high flexibility, corrosion resistance and high performance in automotive, Construction, Coil and marine industries. Whereas, on considering resin, epoxy is subjected to dominate other segments in the forecast period due to advancements in emerging field of nanocoatings across emerging countries.

By Geography, Asia-Pacific is expected to hold largest market share throughout the forecasting period due to increase in demand for coatings with functional benefits following by North America and Europe.

Some of the key players in Industrial Coatings market include Akzo Nobel N.V, Axalta Coating Systems Ltd, BASF SE, Hempel A/S, EI. du Pont de Nemours and Company, Jotun A/S, Kansai Paint Co Ltd, NIPPON PAINT HOLDINGS CO LTD , NOROO Paint & Coatings Co Ltd, PPG Industries Inc, RPM International Inc., The Dow Chemical Company, The Sherwin-Williams Company, Tikkurila OYJ, Valspar Corporation, Watson Coatings, Inc., Chugoku Marine Paints Ltd. and Clariant International Ltd.

Technologies Covered:

  • High Solids
  • Powder Coating
  • Solvent-Based Technology
  • Water-Based Technology
  • Pre-treatment
  • Radiation Cured Coatings

Resins Covered:

  • Acrylic
  • Alkyd
  • Epoxy Resin
  • Fluoropolymers
  • Polyester
  • Polyurethane
  • Other Resins

End User Covered:

  • Aerospace
  • Plastic Components
  • Automotive & Transportation
  • Packaging
  • Rail
  • Consumer Durables
  • Coil & Extrusion Industrial Coatings
  • Marine
  • Wood
  • Transportation
  • Other End Users

Regions Covered:

  • North America
  • ·US
  • ·Canada
  • ·Mexico
  • Europe
  • ·Germany
  • ·UK
  • ·Italy
  • ·France
  • ·Spain
  • ·Rest of Europe
  • Asia Pacific
  • ·Japan
  • ·China
  • ·India
  • ·Australia
  • ·New Zealand
  • ·South Korea
  • ·Rest of Asia Pacific
  • South America
  • ·Argentina
  • ·Brazil
  • ·Chile
  • ·Rest of South America
  • Middle East & Africa
  • ·Saudi Arabia
  • ·UAE
  • ·Qatar
  • ·South Africa
  • ·Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements