Industrial Coatings Market Size, Share, Analysis Report

Industrial Coatings Market Size By End-Use Industry (Coil & Extrusion, Packaging, Marine, Aerospace, Rail, General Industrial, Protective, Automotive OEM, Industrial Wood, Automotive Refinish), By Technology (Powder, Water Based, Solvent Based), By Resin Type (Alkyd, Fluoropolymer, Polyurethane, Epoxy, Acrylic, Polyester), By Core Network Technology (NFV, SDN), By Communication Infrastructure (Macro Cell, Small Cell), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Global Industrial Coatings Market is expected to grow by 2027 at a CAGR of 5.45%.

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MARKET SNAPSHOT

Major Players

  • Dowdupont
  • Guangdong Carpoly Chemical Group Co., Ltd
  • Evonik Industries AG
  • Henkel & Co
  • KGaA AG
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    5

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Global Industrial Coatings Market is expected to grow by 2027 at a CAGR of 5.45%.

    Industrial Coatings raises to paint, coatings or coverings functional to keep metal or concrete from corrosion, general wear & tear, development of algal blooms, and other. Though the prime function of the industrial coatings is to deliver protection to metals from corrosion and wear and tear, it delivers aesthetic value to the surface on that it is to be pragmatic. Industrial coatings have applications in various industries like building & construction, transportation, oil & gas, among others. Industrial coating offer coating for aluminum, wood, surface of steel, and plastic which are considered to meet the industrial standards. The majority of industrial coating are solvent borne and are covered using relative technology depending upon the end-use. Industrial coating not only protect from corrosion but also springs the product an aesthetic look, a non-sticky performance, and a chemical protection. The coating is frequently external but sometime it can be inside given. A major factor driving development of the global industrial coatings market is growing demand from various sectors like automotive, oil & gas, etc. In addition, increasing infrastructural development in various countries and growing adoption of industrial coatings are projected to drive development of the global industrial coatings market.  Technological advancements like eco-friendly coatings and coil coating in electric and automotive sectors are anticipated to further fuel development of global industrial coatings market during the estimate period.

    The global Industrial Coatings market is segregated on the basis of End-Use Industry as Coil & Extrusion, Packaging, Marine, Aerospace, Rail, General Industrial, Protective, Automotive OEM, Industrial Wood, and Automotive Refinish. Based on Technology the global Industrial Coatings market is segmented in Powder, Water Based, Solvent Based, and Others. Based on Resin Type the global Industrial Coatings market is segmented in Alkyd, Fluoropolymer, Polyurethane, Epoxy, Acrylic, Polyester, and Others.

    Based on Core Network Technology, the global Industrial Coatings market is segmented in NFV and SDN. The report also bifurcates the global Industrial Coatings market based on Communication Infrastructure in Macro Cell and Small Cell.

    The global Industrial Coatings market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Industrial Coatings market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Dowdupont, Evonik Industries AG, Guangdong Carpoly Chemical Group Co., Ltd, Henkel & Co. KGaA AG, Sika AG, Akzo Nobel N.V., Axalta Coating Systems, LLC, Jotun A/S, PPG Industries Inc., The Sherwin-Williams Company, and others are among the major players in the global Industrial Coatings market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Industrial Coatings Market has been segmented as below:

    Industrial Coatings Market, By Technology

    • Water Based
    • Powder
    • Solvent Based
    • Others

    Industrial Coatings Market, By Resin Type

    • Polyester
    • Alkyd
    • Fluoropolymer
    • Polyurethane
    • Epoxy
    • Acrylic

    Industrial Coatings Market, By End-Use Industry

    • Coil & Extrusion
    • Packaging
    • Marine
    • Aerospace
    • General Industrial
    • Protective
    • Automotive OEM
    • Industrial Wood
    • Automotive Refinish
    • Rail

    Industrial Coatings Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Industrial Coatings Market, By Company

    • Dowdupont
    • Evonik Industries AG
    • Guangdong Carpoly Chemical Group Co., Ltd
    • Henkel & Co. KGaA AG
    • Sika AG
    • Akzo Nobel N.V.
    • Axalta Coating Systems, LLC
    • Jotun A/S
    • PPG Industries Inc.
    • The Sherwin-Williams Company
    • Asian Paints Ltd
    • BASF SE
    • Beckers Group
    • Berger Paints India Limited
    • Nippon Paint Holdings Co., Ltd
    • Kansai Paint Co., Ltd
    • RPM International Inc
    • Tikkurila OYJ
    • Hempel A/S
    • Teknos Group
    • Noroo Paint & Coatings Co., Ltd
    • Chemetall
    • Chugoku Marine Paints Ltd
    • Croda International PLC
    • Diamond Paints US

    The report covers:

    • Global Industrial Coatings market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Industrial Coatings market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Industrial Coatings market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Industrial Coatings market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Industrial Coatings market share. Major industry players with significant revenue share include Dowdupont, Evonik Industries AG, Guangdong Carpoly Chemical Group Co., Ltd, Henkel & Co. KGaA AG, Sika AG, Akzo Nobel N.V., Axalta Coating Systems, LLC, Jotun A/S, PPG Industries Inc., The Sherwin-Williams Company, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Industrial Coatings industry trends
    • Find complete analysis on the market status
    • Identify the Industrial Coatings market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Some of the recent Developments in Industrial Coatings market are as follows:

    Chemetall

    • 02-2020: Chemetall will cabinet a fully integrated, innovative and optimized portfolio of products and solutions for aerospace OEM and MRO companies; offerings include metalworking fluids, corrosion protection, non-destructive testing, cleaners, sealants, surface treatments and conversion coatings.
    • 11-2019: This concludes the expansion of the production site in Lower Saxony which focuses on the development and production of aerospace technologies.

    BASF SE

    • 06-2020: BASF announces four different AUVOTs which stand for various car segments on the automotive market.
    • 07-2020: BASF and Beijing Autopro Hi-Tech Co., LTD contracted a cooperation agreement to upgrade the national standard of the  “1 + X Professional Skill Level Certificate” in the field of automotive refinish coatings and relevant technologies in this area.

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders

    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis

    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis

    5. Industrial Coatings Market, By Technology
        5.1 Introduction
        5.2 Water Based
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Powder
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Solvent Based
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Others
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast

    6. Industrial Coatings Market, By Resin Type
        6.1 Introduction
        6.2 Polyester
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Alkyd
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Fluoropolymer
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
        6.5 Polyurethane
            6.5.1 Market Overview
            6.5.2 Market Size and Forecast
        6.6 Epoxy
            6.6.1 Market Overview
            6.6.2 Market Size and Forecast
        6.7 Acrylic
            6.7.1 Market Overview
            6.7.2 Market Size and Forecast

    7. Industrial Coatings Market, By End-Use Industry
        7.1 Introduction
        7.2 Coil & Extrusion
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Packaging
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Marine
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
        7.5 Aerospace
            7.5.1 Market Overview
            7.5.2 Market Size and Forecast
        7.6 General Industrial
            7.6.1 Market Overview
            7.6.2 Market Size and Forecast
        7.7 Protective
            7.7.1 Market Overview
            7.7.2 Market Size and Forecast
        7.8 Automotive OEM
            7.8.1 Market Overview
            7.8.2 Market Size and Forecast
        7.9 Industrial Wood
            7.9.1 Market Overview
            7.9.2 Market Size and Forecast
        7.10 Automotive Refinish
            7.10.1 Market Overview
            7.10.2 Market Size and Forecast
        7.11 Rail
            7.11.1 Market Overview
            7.11.2 Market Size and Forecast

    8. Industrial Coatings Market, By Geography
        8.1 Introduction
        8.2 North America
            8.2.1 North America Industrial Coatings, By Technology
            8.2.2 North America Industrial Coatings, By Resin Type
            8.2.3 North America Industrial Coatings, By End-Use Industry
        8.3 Europe
            8.3.1 Europe Industrial Coatings, By Technology
            8.3.2 Europe Industrial Coatings, By Resin Type
            8.3.3 Europe Industrial Coatings, By End-Use Industry
        8.4 Asia-Pacific
            8.4.1 Asia-Pacific Industrial Coatings, By Technology
            8.4.2 Asia-Pacific Industrial Coatings, By Resin Type
            8.4.3 Asia-Pacific Industrial Coatings, By End-Use Industry
        8.5 Rest of the World
            8.5.1 Rest of the World Industrial Coatings, By Technology
            8.5.2 Rest of the World Industrial Coatings, By Resin Type
            8.5.3 Rest of the World Industrial Coatings, By End-Use Industry

    9. Competitive Insights
        9.1 Key Insights
        9.2 Company Market Share Analysis
        9.3 Strategic Outlook
            9.3.1 Mergers & Acquisitions
            9.3.2 New Product Development
            9.3.3 Portfolio/Production Capacity Expansions
            9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            9.3.5 Others

    10. Company Profiles
        10.1 Dowdupont
            10.1.1 Company Overview
            10.1.2 Product/Service Landscape
            10.1.3 Financial Overview
            10.1.4 Recent Developments
        10.2 Evonik Industries AG
            10.2.1 Company Overview
            10.2.2 Product/Service Landscape
            10.2.3 Financial Overview
            10.2.4 Recent Developments
        10.3 Guangdong Carpoly Chemical Group Co., Ltd
            10.3.1 Company Overview
            10.3.2 Product/Service Landscape
            10.3.3 Financial Overview
            10.3.4 Recent Developments
        10.4 Henkel & Co. KGaA AG
            10.4.1 Company Overview
            10.4.2 Product/Service Landscape
            10.4.3 Financial Overview
            10.4.4 Recent Developments
        10.5 Sika AG
            10.5.1 Company Overview
            10.5.2 Product/Service Landscape
            10.5.3 Financial Overview
            10.5.4 Recent Developments
        10.6 Akzo Nobel N.V.
            10.6.1 Company Overview
            10.6.2 Product/Service Landscape
            10.6.3 Financial Overview
            10.6.4 Recent Developments
        10.7 Axalta Coating Systems, LLC
            10.7.1 Company Overview
            10.7.2 Product/Service Landscape
            10.7.3 Financial Overview
            10.7.4 Recent Developments
        10.8 Jotun A/S
            10.8.1 Company Overview
            10.8.2 Product/Service Landscape
            10.8.3 Financial Overview
            10.8.4 Recent Developments
        10.9 PPG Industries Inc.
            10.9.1 Company Overview
            10.9.2 Product/Service Landscape
            10.9.3 Financial Overview
            10.9.4 Recent Developments
        10.10 The Sherwin-Williams Company
            10.10.1 Company Overview
            10.10.2 Product/Service Landscape
            10.10.3 Financial Overview
            10.10.4 Recent Developments
             10.11 Asian Paints Ltd
            10.11.1 Company Overview
            10.11.2 Product/Service Landscape
            10.11.3 Financial Overview
            10.11.4 Recent Developments
        10.12 BASF SE
            10.12.1 Company Overview
            10.12.2 Product/Service Landscape
            10.12.3 Financial Overview
            10.12.4 Recent Developments
        10.13 Beckers Group    
            10.13.1 Company Overview
            10.13.2 Product/Service Landscape
            10.13.3 Financial Overview
            10.13.4 Recent Developments
        10.14 Berger Paints India Limited
            10.14.1 Company Overview
            10.14.2 Product/Service Landscape
            10.14.3 Financial Overview
            10.14.4 Recent Developments
        10.15 Nippon Paint Holdings Co., Ltd
            10.15.1 Company Overview
            10.15.2 Product/Service Landscape
            10.15.3 Financial Overview
            10.15.4 Recent Developments
        10.16 Kansai Paint Co., Ltd
            10.16.1 Company Overview
            10.16.2 Product/Service Landscape
            10.16.3 Financial Overview
            10.16.4 Recent Developments
        10.17 RPM International Inc
            10.17.1 Company Overview
            10.17.2 Product/Service Landscape
            10.17.3 Financial Overview
            10.17.4 Recent Developments
        10.81 Tikkurila OYJ
            10.18.1 Company Overview
            10.18.2 Product/Service Landscape
            10.18.3 Financial Overview
            10.18.4 Recent Developments
        10.19 Hempel A/S
            10.19.1 Company Overview
            10.19.2 Product/Service Landscape
            10.19.3 Financial Overview
            10.19.4 Recent Developments
        10.20 Teknos Group
            10.20.1 Company Overview
            10.20.2 Product/Service Landscape
            10.20.3 Financial Overview
            10.20.4 Recent Developments
               10.21 Noroo Paint & Coatings Co., Ltd
                           10.21.1 Company Overview
            10.21.2 Product/Service Landscape
            10.21.3 Financial Overview
            10.21.4 Recent Developments
             11.22 Chemetall
                           10.22.1 Company Overview
            10.22.2 Product/Service Landscape
            10.22.3 Financial Overview
            10.22.4 Recent Developments
                11.23     Chugoku Marine Paints Ltd
                            10.23.1 Company Overview
            10.23.2 Product/Service Landscape
            10.23.3 Financial Overview
            10.23.4 Recent Developments
               11.24 Croda International PLC
                            10.24.1 Company Overview
            10.24.2 Product/Service Landscape
            10.24.3 Financial Overview
            10.24.4 Recent Developments
                11.25 Diamond Paints US
                          10.25.1 Company Overview
            10.25.2 Product/Service Landscape
            10.25.3 Financial Overview
            10.25.4 Recent Developments

    The Industrial Coatings Market has been segmented as below:

    Industrial Coatings Market, By Technology

    • Water Based
    • Powder
    • Solvent Based
    • Others

    Industrial Coatings Market, By Resin Type

    • Polyester
    • Alkyd
    • Fluoropolymer
    • Polyurethane
    • Epoxy
    • Acrylic

    Industrial Coatings Market, By End-Use Industry

    • Coil & Extrusion
    • Packaging
    • Marine
    • Aerospace
    • General Industrial
    • Protective
    • Automotive OEM
    • Industrial Wood
    • Automotive Refinish
    • Rail

    Industrial Coatings Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Industrial Coatings Market, By Company

    • Dowdupont
    • Evonik Industries AG
    • Guangdong Carpoly Chemical Group Co., Ltd
    • Henkel & Co. KGaA AG
    • Sika AG
    • Akzo Nobel N.V.
    • Axalta Coating Systems, LLC
    • Jotun A/S
    • PPG Industries Inc.
    • The Sherwin-Williams Company
    • Asian Paints Ltd
    • BASF SE
    • Beckers Group
    • Berger Paints India Limited
    • Nippon Paint Holdings Co., Ltd
    • Kansai Paint Co., Ltd
    • RPM International Inc
    • Tikkurila OYJ
    • Hempel A/S
    • Teknos Group
    • Noroo Paint & Coatings Co., Ltd
    • Chemetall
    • Chugoku Marine Paints Ltd
    • Croda International PLC
    • Diamond Paints US

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    The market is expected to grow at a CAGR of 5.45% during the study period (2022-2027
    The segment included in Industrial Coatings Market is Technology, Resin, End-Use Industry, Company and region.
    Some key players operating in the Industrial Coatings Market include Dowdupont, Evonik Industries AG, Guangdong Carpoly Chemical Group Co., Ltd, Henkel & Co. KGaA AG, Sika AG
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