Industrial Coating Market Size - By Technology, By Resin, By End use Industry - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Industrial Coating Market Overview
According to SPER Market Research, the Global Industrial Coating Market is estimated to reach USD 137.76 billion by 2032 with a CAGR of 2.77%. A type of coating or paint used to protect surfaces and structures from wear and tear, corrosion, and other types of damage caused by exposure to various environmental factors such as moisture, chemicals, and extreme temperatures is referred to as industrial coating. Industrial coatings are used in a many different sectors, including construction, automotive, aerospace, marine, and electronics, and are applied to a wide range of surfaces, including metal, concrete, wood, and plastic.
Impact of COVID-19 on the Global Industrial Coating Market
The global industrial coating market has been impacted by the COVID-19 pandemic in a variety of ways. On the one hand, the pandemic has wreaked havoc on the global supply chain, causing delays in the production and delivery of raw materials, components, and finished goods. This has resulted in a decrease in demand for industrial coatings from a variety of end-use industries, including automotive, aerospace, and construction. Furthermore, the global economic slowdown and uncertainty have reduced investments and capital expenditures, reducing demand for industrial coatings.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered
By Technology, By Resin, By End Use Industry
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered AkzoNobel N.V, Axalta Coating, BASF Coating, Beckers Group, Berger Group, Chugoku Marine Paints Ltd., Hempel A/S, Jotun, Kansai Paint Co. Ltd, KCC Corporation
Global Industrial Coating Market Segmentation:
By Technology: Based on the Technology, Global Industrial Coating Market is segmented as; Waterborne, Solventborne, Powder Coatings, Other (UV-and EB-Cured Technologies)
By End Use Industry: Based on End User Global Industrial Coating Market is segmented as; General Industry, Protective, Automotive Refinish, Automotive OEM, Industrial Wood, Marine, Coil, Packaging, Aerospace, Rail.
By Region: The report breaks down the markets for Europe, North America, Asia-Pacific, and the rest of the world by region.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Industrial Coating Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Global Industrial Coating Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Industrial Coating Market
- 7. Global Industrial Coating Market, By Technology, 2019-2032 (USD Million)
- 7.1 Waterborne
- 7.2 Solvent borne
- 7.3 Powder Coatings
- 7.4 Others (UV-and EB-Cured Technologies)
- 8. Global Industrial Coating Market, By Resin, 2019-2032 (USD Million)
- 8.1 Acrylic
- 8.2 Alkyd
- 8.3 Epoxy
- 8.4 Polyester
- 8.5 Polyurethane
- 8.6 Vinyl
- 8.7 Fluoropolymer
- 8.8 Others
- 9. Global Industrial Coating Market, By End Use Industry, 2019-2032 (USD Million)
- 9.1 General Industry
- 9.2 Protective
- 9.3 Automotive Refinish
- 9.4 Automotive OEM
- 9.5 Industrial Wood
- 9.6 Marine
- 9.7 Coil
- 9.8 Packaging
- 9.9 Aerospace
- 9.10 Rail
- 10. Global Industrial Coating Market, By Region, 2019-2032 (USD Million)
- 10.1 Global Industrial Coating Market Size and Market Share by Region (2019-2025)
- 10.2 Global Industrial Coating Market Size and Market Share by Region (2026-2032)
- 10.3 Asia-Pacific
- 10.3.1 Australia
- 10.3.2 China
- 10.3.3 India
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 Rest of Asia-Pacific
- 10.4 Europe
- 10.4.1 France
- 10.4.2 Germany
- 10.4.3 Italy
- 10.4.4 Spain
- 10.4.5 United Kingdom
- 10.4.6 Rest of Europe
- 10.5Middle East and Africa
- 10.5.1 Kingdom of Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 Rest of Middle East & Africa
- 10.6North America
- 10.6.1 Canada
- 10.6.2 Mexico
- 10.6.3 United States
- 10.7Latin America
- 10.7.1 Argentina
- 10.7.2 Brazil
- 10.7.3 Rest of Latin America
- 11.Company Profiles
- 11.1 AkzoNobel N.V
- 11.1.1 Company details
- 11.1.2 Financial outlook
- 11.1.3 Product summary
- 11.1.4 Recent developments
- 11.2 Axalta Coating
- 11.2.1 Company details
- 11.2.2 Financial outlook
- 11.2.3 Product summary
- 11.2.4 Recent developments
- 11.3 BASF Coatings
- 11.3.1 Company details
- 11.3.2 Financial outlook
- 11.3.3 Product summary
- 11.3.4 Recent developments
- 11.4 Beckers Group
- 11.4.1 Company details
- 11.4.2 Financial outlook
- 11.4.3 Product summary
- 11.4.4 Recent developments
- 11.5 Berger Paints
- 11.5.1 Company details
- 11.5.2 Financial outlook
- 11.5.3 Product summary
- 11.5.4 Recent developments
- 11.6 Chugoku Marine Paints Ltd.
- 11.6.1 Company details
- 11.6.2 Financial outlook
- 11.6.3 Product summary
- 11.6.4 Recent developments
- 11.7 Hempel A/S
- 11.7.1 Company details
- 11.7.2 Financial outlook
- 11.7.3 Product summary
- 11.7.4 Recent developments
- 11.8 Jotun
- 11.8.1 Company details
- 11.8.2 Financial outlook
- 11.8.3 Product summary
- 11.8.4 Recent developments
- 11.9 Kansai Paint CO. Ltd
- 11.9.1 Company details
- 11.9.2 Financial outlook
- 11.9.3 Product summary
- 11.9.4 Recent developments
- 11.10 KCC Corporation
- 11.10.1 Company details
- 11.10.2 Financial outlook
- 11.10.3 Product summary
- 11.10.4 Recent developments
- 12.List of Abbreviations
- 13.Reference Links
- 14.Conclusion
- 15.Research Scope
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook