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, P

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 (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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, alkyd, and others.

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 expected to fuel the market growth of the paints &coatings industry which in turn is driving 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 provider of technical industrial services such as insulation, access solutions, surface protection, passive fire protection services, announced the acquisition of Wood’s industrial services business from John Wood Group PLC provides a range of engineering, production support and maintenance management services to the energy and industrial sectors in the U.K. and Ireland. Wood’s industrial services business have 16 locations all over the U.K. and Ireland. The company provides high-end services for industrial operations, such as the application of protective coatings, access solutions, thermal insulation, passive fire protection, and specialist services.

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 an in-depth analysis of global protective coatings market, and provides market size (US$ Million) 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 protective coating 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, Jotun
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global protective coatings market report caters to various stakeholders in this industry including investors, suppliers, protective coatings service providers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global 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
• By Country:
• U.S.
• Canada
• Latin America
• By Country:
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Europe
• By Country:
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• By Country:
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa
• By Region:
• Middle East
• Africa
• Company Profiles
• Akzo Nobel N.V.
• Company Overview
• Product Portfolio
• 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