Industrial Coatings Market Size, Share & Trends Report

Industrial Coatings Market Size, Share & Trends Analysis Report By Technology (Water-borne, Solvent-borne), By Product (Acrylic, Polyurethane), By End-user (Marine, General Industrial), By Region, And Segment Forecasts, 2023 - 2030

Report ID: GVR-4-68038-686-8
Number of Pages: 150
Format: Electronic (PDF)

Historical Range: 2018 - 2021
Industry: Bulk Chemicals

Market Segmentation

Industrial Coatings Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Acrylic
- Alkyd
- Polyurethane
- Epoxy
- Polyester
- Others
Industrial Coatings Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Solvent-borne
- Water-borne
- Powder-based
- Others
Industrial Coatings End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- General Industrial
- Marine
- Automotive & Vehicle Refinish
- Electronics
- Aerospace
- Oil & Gas
- Mining
- Power Generation
- Others
Industrial Coatings Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- - North America Industrial coatings Market by Product
    - Acrylic
    - Alkyd
    - Polyurethane
    - Epoxy
    - Polyester
    - Others
  - North America Industrial coatings Market by Technology
    - Solvent Borne
    - Water Borne
    - Powder Based
    - Others
  - North America Industrial coatings Market by End-Use
    - General Industrial
    - Marine
    - Automotive & Vehicle Refinish
    - Electronics
    - Aerospace
    - Oil & Gas
    - Mining
    - Power Generation
    - OthersNorth America
  - U.S.
    - U.S. Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - U.S. Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - U.S. Industrial coatings Market by End-Use
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - Canada
    - Canada Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - Canada Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - Canada Industrial coatings Market by End-Use
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - Mexico
    - Mexico Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - Mexico Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - Mexico Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
- Europe
  - Europe Industrial coatings Market by Product
    - Acrylic
    - Alkyd
    - Polyurethane
    - Epoxy
    - Polyester
    - Others
  - Europe Industrial coatings Market by Technology
    - Solvent Borne
    - Water Borne
    - Powder Based
    - Others
  - Europe Industrial coatings Market by End-Use
    - General Industrial
    - Marine
    - Automotive & Vehicle Refinish
    - Electronics
    - Aerospace
    - Oil & Gas
    - Mining
    - Power Generation
    - Others
  - Germany
    - Germany Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - Germany Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - Germany Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - France
    - France Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - France Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - France Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - U.K.
    - U.K. Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - U.K. Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - U.K. Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - Italy
    - Italy Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - Italy Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - Italy Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
- Asia Pacific
  - Asia Pacific Industrial coatings Market by Product
    - Acrylic
    - Alkyd
    - Polyurethane
    - Epoxy
    - Polyester
    - Others
  - Asia Pacific Industrial coatings Market by Technology
    - Solvent Borne
    - Water Borne
    - Powder Based
    - Others
  - Asia Pacific Industrial coatings Market by End-Use
    - General Industrial
    - Marine
    - Automotive & Vehicle Refinish
    - Electronics
    - Aerospace
    - Oil & Gas
    - Mining
    - Power Generation
    - Others
  - China
    - China Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - China Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - China Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - India
    - India Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - India Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - India Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - Japan
    - Japan Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - Japan Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - Japan Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - Australia
    - Australia Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - Australia Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - Australia Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - South Korea
    - South Korea Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - South Korea Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - South Korea Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - ASEAN
    - ASEAN Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - ASEAN Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - ASEAN Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
- Central & South America
  - Central & South America Industrial coatings Market by Product
    - Acrylic
    - Alkyd
    - Polyurethane
    - Epoxy
    - Polyester
    - Others
  - Central & South America Industrial coatings Market by Technology
    - Solvent Borne
    - Water Borne
    - Powder Based
    - Others
  - Central & South America Industrial coatings Market by End-Use
    - General Industrial
    - Marine
    - Automotive & Vehicle Refinish
    - Electronics
    - Aerospace
    - Oil & Gas
    - Mining
    - Power Generation
    - Others
  - Brazil
    - Brazil Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - Brazil Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - Brazil Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
  - Argentina
    - Argentina Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - Argentina Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - Argentina Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others
- Middle East & Africa
  - Middle East & Africa Industrial coatings Market by Product
    - Acrylic
    - Alkyd
    - Polyurethane
    - Epoxy
    - Polyester
    - Others
  - Middle East & Africa Industrial coatings Market by Technology
    - Solvent Borne
    - Water Borne
    - Powder Based
    - Others
  - Middle East & Africa Industrial coatings Market by End-Use
    - General Industrial
    - Marine
    - Automotive & Vehicle Refinish
    - Electronics
    - Aerospace
    - Oil & Gas
    - Mining
    - Power Generation
    - Others
  - Saudi Arabia
    - Saudi Arabia Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - Saudi Arabia Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - Saudi Arabia Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
  - UAE
    - UAE Industrial coatings Market by Product
      - Acrylic
      - Alkyd
      - Polyurethane
      - Epoxy
      - Polyester
      - Others
    - UAE Industrial coatings Market by Technology
      - Solvent Borne
      - Water Borne
      - Powder Based
      - Others
    - UAE Industrial coatings Market by End-Users
      - General Industrial
      - Marine
      - Automotive & Vehicle Refinish
      - Electronics
      - Aerospace
      - Oil & Gas
      - Mining
      - Power Generation
      - Others

Industrial Coatings Market Dynamics

Driver-Growing Demand from Various End-use Industries

Industrial coatings are widely used in various end-use industries in marine, automotive & vehicle refinish, electronics, aerospace, oil & gas, mining, power generation, and general industrial applications. Increasing demand from the above-mentioned end-use industries is anticipated to fuel the demand for industrial coatings over the forecast period. Automotive & refinish coatings are one of the major end-use industries of industrial coatings. Growing usage of refinish coatings for automotive maintenance, repair, and aftermarket painting on account of visual appearance, surface protection, and corrosion resistance is expected to propel the demand for industrial coatings. Moreover, the growing need for customized designs and paints in vehicles is likely to support the market growth. Furthermore, increasing awareness regarding the protection of vehicle paints by healing scratches and damages on vehicle surfaces has surged the market growth. Moreover, a rising consumer base in Asia Pacific and Middle Eastern countries on account of high disposable income is expected to support the growth of industrial coatings in the automotive & vehicle refinish end-use industry.

Driver-Increasing Awareness Regarding Eco-Friendly and Sustainable Alternatives

The rise in consumer awareness for sustainable products and increasing stringency of environmental regulations regarding the reduction of VOC emissions are supporting the demand for eco-friendly industrial coatings. Stringent government regulations regarding the environment, especially air pollution, in the U.S., China, and Western European countries will continue to be a driving factor for the adoption of low-pollution coating technologies in the coming years. These regulations have led to a shift in demand from solvent-based coatings to low-VOC or eco-friendly products, such as powder coatings, water-based, and UV-curable coatings. These low-VOC products contain fewer solvents that evaporate during the application phase and help in achieving a greener environment with minimum or zero VOC emissions. The percentage, of solvents in coatings is directly proportional to VOC emissions. Conventional liquid coatings contain over 60% solvents, which emit VOCs for long durations, even after their application. On the contrary, eco-friendly coatings contain no solvents, which results in negligible VOC emissions into the atmosphere.

Restraint-Stringent Regulations Regarding Toxic Solvents

Volatile organic compounds (VOCs) is required to conform to various statutory regulations and legislations. These organic compounds, which are widely utilized in industrial coatings for technical applications, are subject to several government and federal regulations for controlling VOC emissions and limiting human exposure to toxic substances. National and international regulatory bodies ensure the legal conformity of VOCs in new application areas, the environmental relevance of VOCs, and raw material safety evaluations based on ecotoxicological and toxicological data. The European Chemical Industry Council (CEFIC) and German Chemical Industry Association along with other scientific groups are constantly working on evaluating and developing low-VOC coatings for various industrial sectors. VOC emissions contribute to both indoor and outdoor air pollution. Since 1998, the Environment Protection Agency (EPA) has been monitoring the use of VOCs in various products such as industrial coatings. As per the Clean Air Act amendments, the EPA has implemented programs to reduce emissions of VOC and related elements that lead to ozone depletion. Thus, stringent regulations by the EPA, OSHA, EU, and other regional agencies across the globe are expected to hamper the market growth.

What Does This Report Include?

This section will provide insights into the contents included in this industrial coatings market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Industrial coatings market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Industrial coatings market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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