Industrial Coatings Market
Industrial Coatings Market - Global Industry Assessment & Forecast
#
Pages:
2022
Jun - 2023
VMR-VMR-2021-1095
Segments Covered
By
Technology Waterborne, Solventborne, Powder Coatings, Others (UV- and EB-cured technologies)
-
By
Resin Type Acrylic, Alkyd, Epoxy, Polyester, Polyurethane, Vinyl, Fluoropolymer, Others (Silicone, amino, polyurea, nitrocellulose, plastisol, polyamide, and vinyl-based coatings)
-
By
End-Use Industry General Industrial, Protective, Automotive Refinish, Automotive OEM, Industrial Wood, Marine, Coil, Packaging, Aerospace, Rail
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 105.9 Billion |
 Revenue 2030:
|
USD 128.4 Billion |
 Revenue CAGR
(2023 - 2030): |
2.80% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Industrial Coatings Market by Technology by Resin Type by End-Use Industry by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Industrial Coatings supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Industrial Coatings market size at regional and country level
- Market size and forecast by Technology, Resin Type, and End-Use Industry
- Key industry players and their market share and Industrial Coatings market-specific sales/revenue
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Industrial Coatings supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Industrial Coatings market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Industrial Coatings market.
FAQ
Frequently Asked Question
What is the global demand for Industrial Coatings in terms of revenue?
-
The global Industrial Coatings valued at USD 105.9 Billion in 2022 and is expected to reach USD 128.4 Billion in 2030 growing at a CAGR of 2.80%.
Which are the prominent players in the market?
-
The prominent players in the market are Akzo Nobel N.V.; Axalta Coating Systems, LLC; Jotun, PPG Industries, Inc.; The Sherwin-Williams Company; Nippon Paint Holdings Co., Ltd.; Hempel A/S.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 2.80% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Industrial Coatings include
- Increasing demand for environment-friendly coatings
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Industrial Coatings in 2022.
