Protective Coatings Market, By Technology (Solvent-borne Coatings, Water-borne Coatings, Powder Coatings, Others), By Application (Infrastructure, Commercial Real Estate, Industrial Plants and Facilities, Oil & Gas, Power Mining), By Resin Type (Epoxy, Polyurethane, Acrylic, Alkyd, Polyester, Others), and By Region (Asia Pacific, Europe, North America, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
The protective coating is applied to the surface in order to provide protection from harsh environmental conditions that could cause damage. They are widely used across various applications such as electronics products, marine, automotive heavy machinery, power generation, and oil & gas industry, etc. On the basis of resin type, the market is classified into epoxy, polyurethane, acrylic, polyester, and alkyd.
Market Dynamics
Growth in the paints and coating industry is projected to foster the market growth of the protective coatings. The paints &coatings market is growing on the account of rise in the various manufacturing industries and construction industry. Moreover, rapid urbanization coupled with the development of the rural markets is further anticipated to fuel the market growth of the paints &coatings industry which in turn is fueling the market growth of protective coatings.
Merger and acquisition by major players among major manufacturer for global expansion is one of the key trends in the market. For instance, in February 2020, KAEFER has announced the acquisition of Wood’s industrial services business from John Wood Group PLC in the UK and Ireland. Wood’s in¬dus¬trial ser¬vices busi¬ness have 16 loc¬a¬tions all over the UK and Ire¬land. The com¬pany provides high-end ser-vices for in¬dus¬trial op¬er¬a¬tions, such as the ap¬plic¬a¬tion of pro¬tect¬ive coat¬ings, ac¬cess solu¬tions, thermal in¬su¬la¬tion, pass¬ive fire pro¬tec¬tion, and spe¬cial¬ist ser¬vices.
However, high energy consumption during the manufacturing of protective coatings is a major concern. This factor is expected to hinder the market growth of the protective coatings.
Key features of the study:
This report provides in-depth analysis of the global protective coatings market and provides market size (US$ Million & KT) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), 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 approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on protective coatings market.
It profiles key players in the global protective 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., The Valspar Corporation, PPG Industries Inc, Arkema Group, Kansai Paint Co. Ltd, The Sherwin-Williams Company, Sika AG, Wacker Chemie AG, Hempel A/S, and Jotun
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global protective coatings market report caters to various stakeholders in this industry including investors, suppliers, protective coatings manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the protective coatings market
Detailed Segmentation:
Global Protective Coatings Market, By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
Global Protective Coatings Market, By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
Global Protective Coatings Market, By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Global Protective Coatings Market, By Region:
North America
U.S.
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Canada
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Europe
U.K.
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Germany
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
France
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Italy
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Spain
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Russia
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Rest of Europe
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Asia Pacific
China
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
India
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Japan
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
ASEAN
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Australia
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
South Korea
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Rest of Asia Pacific
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Latin America
Brazil
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Mexico
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Rest of Latin America
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Middle East
GCC
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Israel
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Rest of Middle East
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Africa
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Central Africa
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
South Africa
By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Company Profiles
Akzo Nobel N.V.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
The Valspar Corporation
PPG Industries Inc
Arkema Group
Kansai Paint Co. Ltd
The Sherwin-Williams Company
Sika AG
Wacker Chemie AG
Hempel A/S
Jotun
“*” marked represents similar segmentation in other categories in the respective section.
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