The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Industrial Coatings Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Industrial Coatings Industry Analytical Overview (2025-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Industrial Coatings Market size is valued at around USD 107.19 billion in 2024 & is projected to reach USD 132.18 billion by 2030.The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2025 to 2030.
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What is Included in Industrial Coatings Market Segmentation?
The report has segmented the market into the following categories:
By Technology
- Water-Borne Coatings- Market Size & Forecast 2020-2030, (Thousand Tons)
- Solvent-Borne Coatings- Market Size & Forecast 2020-2030, (Thousand Tons)
- Powder-Based Coatings- Market Size & Forecast 2020-2030, (Thousand Tons)
- Others- Market Size & Forecast 2020-2030, (Thousand Tons)
The solvent-borne segment accounts for the majority of the market share on account of their rapid drying ability, making them well-suited for high-speed production processes. These coatings create a durable and seamless surface on different materials, such as metal, plastic, wood, and concrete. Furthermore, their exceptional bonding ability enhances protection against harm caused by corrosion, wear-and-tear factors, and environmental threats. Moreover, these coatings offer an extensive range of customizable finishing options to meet aesthetic preferences or functional needs with ease.
By Resin Type
- Acrylic Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Alkyd Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Epoxy Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polyester Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polyurethane Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Fluoropolymer Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Others- Market Size & Forecast 2020-2030, (Thousand Tons)
By End-Use Industry
- General Industrial- Market Size & Forecast 2020-2030, (Thousand Tons)
- Marine- Market Size & Forecast 2020-2030, (Thousand Tons)
- Automotive and Vehicle Refinish- Market Size & Forecast 2020-2030, (Thousand Tons)
- Electronics- Market Size & Forecast 2020-2030, (Thousand Tons)
- Aerospace- Market Size & Forecast 2020-2030, (Thousand Tons)
- Oil and Gas- Market Size & Forecast 2020-2030, (Thousand Tons)
- Mining- Market Size & Forecast 2020-2030, (Thousand Tons)
- Power Generation- Market Size & Forecast 2020-2030, (Thousand Tons)
- Others- Market Size & Forecast 2020-2030, (Thousand Tons)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Key Factor Driver Industrial Coatings Industry Growth by 2030
Expansion of the Automotive Sector to Drive the Industrial Coatings Industry – The growing sales of passenger vehicles worldwide have led to a massive increase in automobile manufacturing worldwide. Furthermore, the growth in consumer expendable income in countries such as India, the Philippines, and other Southeast Asian countries has enhanced the rise by hike in demand for automobiles. Moreover, the sales of luxury cars have also risen substantially as consumers have been changing preferences and rising disposable incomes and there has been a growth in demand for modern automotive technologies utilized in automobiles. In response to the rising demand for luxury vehicles, manufacturers are quickly developing manufacturing facilities across developing regions like the Asia Pacific to manufacture more premium cars in emerging nations.
Who are the Key Players Operating in the Industrial Coatings Industry?
The top companies of the Industrial Coatings market ruling the industry are:
- Kansai Paint Co. Ltd.
- PPG Industries Inc.
- Akzo Nobel N.V.
- Axalta Coating Systems, Llc
- Jotun A/S
- The Sherwin-Williams Company
- Nippon Paint Holdings Co., Ltd.
- Rpm International Inc.
- Hempel A/S
- Basf Coatings Gmbh
- Advanced Nanotech Lab
- The Chemours Company
- Noroo Paint & Coatings
- Weilburger Coatings
- Beckers Group
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the Industrial Coatings Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the Industrial Coatings industry?
- Which is the Leading segment in the market?
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