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Industrial Coatings Market by Resin (Polyurethane, Epoxy, Acrylic, Alkyd), Technology (Solvent-based, Water-based, Powder), End-Use Industry (General Industrial, Protective, Automotive, Aerospace, Wood, Packaging) and Region - Global Forecast to 2026

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Date: 19-Apr-2022
No. of pages: 308
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“The Industrial coatings market is projected to register a CAGR of 2.5% between 2021 and 2026, in terms of value.”

The Industrial coatings market is projected to grow from USD 102.0 Billion in 2021 to USD 116.0 Billion by 2026, at a CAGR of 2.5% between 2021 and 2026. The key factor driving the growth of the market is increasing demand from the general industrial and automotive industries.

“General Industrial end-use industry segment is the largest segment of the Industrial coatings market.”

The general industrial coatings market has diversity of end user and multiple industries. The market is growing due to increase in population growth, infrastructure growth, improved standard of living, global GDP growth, and growth in the construction industry. Industrial coatings are used in the appliances industry in applications that require a combination of appearance and resistance to abrasion, chemicals, and temperature cycling. Appliances and power tools make use of the impact strength of industrial coatings. Washing machines, laundry equipment, dishwashers, refrigerator doors & shelves, air conditioners, mixer & grinders, and microwave ovens are examples of some appliances where industrial coatings are used.

The appliance industry uses coatings on front and side panels of refrigerators, dryer drums, air-conditioner cabinets, washer tops and lids, water heaters, dishwasher racks, freezer cabinets, cracks in microwave ovens, and other products.

“Asia Pacific is the fastest-growing Industrial coatings market during the forecast period.”

Asia Pacific is the largest industrial coatings market, in terms of both value and volume, and is projected to be the fastest-growing market during the forecast period. The region has witnessed economic growth over the last decade. According to the IMF and World Economic Outlook, China and Japan were the world’s second-and third-largest economies, respectively, in 2020. The United Nations Population Fund states that Asia Pacific accounts for 60% of the world’s population, which is 4.7 billion people. The region includes the world’s most populous countries such as China and India. This is projected to become an increasingly important driver of the global construction industry over the next two decades. The market will also be fueled by the rapidly rising household income and the fast-growing demand from smaller towns and rural areas because of increased customer awareness.

Extensive primary interviews have been conducted, and information has been gathered from secondary research to determine and verify the market size of several segments and sub-segments.

Breakdown of Primary Interviews:


  • By Company Type: Tier 1 – 42%, Tier 2 – 25%, and Tier 3 –33%

  • By Designation: C Level – 35%, D Level – 19%, and Others – 45%

  • By Region: Europe – 42%, North America – 25%,Asia Pacific – 17%,South America- 8%,and the Middle East & Africa– 8%


The key companies profiled in this report are AkzoNobel N.V. (Netherlands), PPG Industries (US), Sherwin-Williams (US), Axalta coating systems, LLC (US), and Nippon Paint (Japan).

Research Coverage:

The Industrial coatings market has been segmented based on Technology (Waterborne, Solvent borne, Powder Coatings and others), by resin (Acrylic, Alkyd, Epoxy, Polyester, Polyurethane, Vinyl, Fluoropolymer, and others), by end-use industries (General industrial, Protective, Automotive refinish, Automotive OEM, Industrial wood, Marine, Coil, Packaging, Aerospace and Rail) and by Region (Asia Pacific, North America, Europe, South America, and Middle East & Africa).

Reasons to Buy the Report

From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on Industrial coatings offered by top players in the market

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market

  • Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for Industrial coatings across regions

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the market.

Industrial Coatings Market by Resin (Polyurethane, Epoxy, Acrylic, Alkyd), Technology (Solvent-based, Water-based, Powder), End-Use Industry (General Industrial, Protective, Automotive, Aerospace, Wood, Packaging) and Region - Global Forecast to 2026

Table Of Contents

1 Introduction
1.1 Objectives Of Study
1.2 Market Definition
1.2.1 Market Inclusion
1.2.2 Market Exclusion
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Years Considered For Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Industrial Coatings Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primary Interviews
2.1.2.4 Primary Data Sources
2.2 Market Size Estimation
Figure 2 Market Estimation: Supply Side
Figure 3 Industrial Coatings Market, By Region
2.3 Data Triangulation
Figure 4 Data Triangulation
2.3.1 Assumptions
2.3.2 Limitations
2.4 Risk Analysis Assessment
2.5 Growth Rate Assumptions/Growth Forecast

3 Executive Summary
Table 1 Industrial Coatings Market Snapshot, 2021 Vs. 2026
Figure 5 Epoxy Resin To Be Largest Segment Of Industrial Coatings Market
Figure 6 Waterborne Technology To Account For Second-Largest Share In Industrial Coatings Market
Figure 7 Asia Pacific To Be Fastest-Growing Industrial Coatings Market

4 Premium Insights
4.1 Attractive Opportunities In Industrial Coatings Market
Figure 8 Emerging Economies To Offer Lucrative Growth Opportunities For Market Players
4.2 Industrial Coatings Market, By Resin Type
Figure 9 Acrylic Resin To Be Largest Segment
4.3 Industrial Coatings Market, Developed Vs. Developing Countries
Figure 10 Developing Countries To Grow Faster Than Developed Countries
4.4 Industrial Coatings Market, By End-Use Industry And Key Countries
Figure 11 General Industrial Segment And China Accounted For Largest Shares
4.5 Industrial Coatings Market, By Major Countries
Figure 12 India To Register Highest Cagr In Global Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 13 Drivers, Restraints, Opportunities, And Challenges In Industrial Coatings Market
5.2.1 Drivers
5.2.1.1 Increasing Demand For Environment-Friendly Coatings
5.2.1.2 Need For Efficient Process And Durable Coatings With Better Aesthetics
5.2.1.3 Growing Demand From Asia Pacific
5.2.2 Restraints
5.2.2.1 Difficulty In Obtaining Thin Films In Powder Coatings
5.2.2.2 Requirement Of More Drying Time For Waterborne Coatings
5.2.3 Opportunities
5.2.3.1 Attractive Prospects For Powder Coatings In Shipbuilding And Pipeline Sectors
5.2.3.2 Increasing Use Of Nano-Coatings
5.2.3.3 Continuous Demand For Extended Product Lifetime And Reduced Maintenance
5.2.4 Challenges
5.2.4.1 Stringent Regulatory Policies
5.3 Porter’s Five Forces Analysis
Figure 14 Low Threat Of Backward Integration From Buyers In Industrial Coatings Market
5.3.1 Threat Of Substitutes
5.3.2 Bargaining Power Of Buyers
5.3.3 Threat Of New Entrants
5.3.4 Bargaining Power Of Suppliers
5.3.5 Intensity Of Competitive Rivalry
5.4 Macro Economic Indicator Analysis
5.4.1 Introduction
5.4.2 Trends And Forecast Of Gdp
Table 2 Trends And Forecast Of Gdp, Percentage Change, 2019–2026
5.4.3 Trends And Forecast Of Global Construction Industry
Figure 15 Global Spending In Construction Industry, 2014–2035
5.5 Covid-19 Impact
5.6 Covid-19 Economic Assessment
Figure 16 Economic Outlook For Major Countries
5.6.1 Covid-19 Economic Impact: Scenario Assessment
Figure 17 Factors That Impacted Economy Of Select G20 Countries In 2020
5.7 Impact Of Covid-19 On End-Use Industries
Figure 18 Pre-Covid-19 Impact And Post-Covid-19 Impact Market Scenarios: Industrial Coatings Market
5.7.1 Impact On Automotive Industry
5.7.2 Impact On Protective And General Industries
5.7.3 Impact On Packaging Industry
5.8 Value Chain Analysis
Figure 19 Industrial Coatings Value Chain
Figure 20 Impact Of Covid-19 On Value Chain Nodes
Figure 21 Industrial Coatings Value Chain: Players At Each Node
5.9 Pricing Analysis
Figure 22 Average Price Competitiveness In Industrial Coatings Market, By Region
5.10 Industrial Coatings Ecosystem And Interconnected Market
Table 3 Industrial Coatings Market: Supply Chain
Figure 23 Industrial Coatings Market: Ecosystem
5.11 Yc And Ycc Shift
5.12 Trade Analysis
Table 4 Country-Wise Export Data, Paints And Varnishes Based On Synthetic Or Chemically Modified Polymers Dispersed And Dissolved In Aqueous Medium, 2020
Table 5 Country-Wise Export Data, Paints And Varnishes Based On Synthetic Or Chemically Modified Polymers Dispersed And Dissolved In Non- Aqueous Medium, 2020
Table 6 Country-Wise Import Data, Paints And Varnishes Based On Synthetic Or Chemically Modified Polymers Dispersed And Dissolved In Aqueous Medium, 2020
Table 7 Country-Wise Import Data, Paints And Varnishes Based On Synthetic Or Chemically Modified Polymers Dispersed And Dissolved In Non-Aqueous Medium, 2020
5.13 Regulations
5.13.1 Coatings Standard
Table 8 Basic Coating System Requirements For Dedicated Seawater Ballast Tanks Of All Types Of Ships And Double-Side Skin Spaces Of Bulk Carriers Of 150 M And Upwards:
5.14 Patent Analysis
5.14.1 Methodology
5.14.2 Publication Trends
Figure 24 Number Of Patents Published, 2016–2022
5.14.3 Top Jurisdiction
Figure 25 Patents Published By Jurisdictions, 2016–2022
5.14.4 Top Applicants
Figure 26 Patents Published By Major Applicants, 2016–2022
Table 9 Recent Patents By Owners
5.15 Case Study Analysis
5.16 Technology Analysis
5.17 Key Conferences & Events In 2022-2023
Table 10 Industrial Coatings Market: Detailed List Of Conferences & Events
5.17.1 Regulatory Bodies, Government Agencies, And Other Organizations
Table 11 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 12 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 13 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 14 Rest Of World: List Of Regulatory Bodies, Government Agencies, And Other Organizations

6 Industrial Coatings Market, By Resin Type
6.1 Introduction
Figure 27 Epoxy To Be Largest Resin Type For Industrial Coatings
Table 15 Industrial Coatings Market Size, By Resin Type, 2017–2020 (Usd Million)
Table 16 Industrial Coatings Market Size, By Resin Type, 2021–2026 (Usd Million)
Table 17 Industrial Coatings Market Size, By Resin Type, 2017–2020 (Kiloton)
Table 18 Industrial Coatings Market Size, By Resin Type, 2021–2026 (Kiloton)
6.1.1 Disruption Due To Covid-19
6.2 Polyurethane
6.2.1 High-Performance Application Boosting Demand For Polyurethane Resins
Table 19 Polyurethane-Based Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 20 Polyurethane-Based Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 21 Polyurethane-Based Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 22 Polyurethane-Based Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)
6.3 Epoxy
6.3.1 Good Dimensional Stability, Along With Excellent Electrical Conductivity, Propelling Market
Table 23 Epoxy-Based Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 24 Epoxy-Based Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 25 Epoxy-Based Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 26 Epoxy-Based Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)
6.4 Acrylic
6.4.1 Outstanding Physical Properties To Drive Demand For Acrylic Resins
Table 27 Acrylic-Based Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 28 Acrylic-Based Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 29 Acrylic-Based Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 30 Acrylic-Based Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)
6.5 Polyester
6.5.1 Ease Of Handling And Low Cost Of Polyester Resins Driving Their Demand
Table 31 Polyester-Based Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 32 Polyester-Based Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 33 Polyester-Based Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 34 Polyester-Based Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)
6.6 Alkyd
6.6.1 High Durability And Good Drying Characteristics Contributing To Growth Of Alkyd Resins
Table 35 Alkyd-Based Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 36 Alkyd-Based Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 37 Alkyd-Based Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 38 Alkyd-Based Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)
6.7 Fluoropolymer
6.7.1 Excellent Non-Stick, Reduced Friction, And Corrosion Resistance Properties Fueling Demand For Fluoropolymer Resins
Table 39 Fluoropolymer-Based Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 40 Fluoropolymer-Based Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 41 Fluoropolymer-Based Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 42 Fluoropolymer-Based Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)
6.8 Others
Table 43 Other Resins-Based Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 44 Other Resins-Based Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 45 Other Resins-Based Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 46 Other Resins-Based Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)

7 Industrial Coatings Market, By Technology
7.1 Introduction
Figure 28 Solventborne Technology To Lead Industrial Coatings Market Between 2021 And 2026
Table 47 Industrial Coatings Market Size, By Technology, 2017–2020 (Usd Million)
Table 48 Industrial Coatings Market Size, By Technology, 2021–2026 (Usd Million)
Table 49 Industrial Coatings Market Size, By Technology, 2017–2020 (Kiloton)
Table 50 Industrial Coatings Market Size, By Technology, 2021–2026 (Kiloton)
7.2 Solventborne
7.2.1 Outstanding Physical Properties To Drive Demand For Solventborne Technology
Table 51 Solventborne Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 52 Solventborne Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 53 Solventborne Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 54 Solventborne Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)
7.3 Waterborne
7.3.1 Low Toxicity And Flammability Due To Low Voc Levels Increasing Demand For Waterborne Industrial Coatings
Table 55 Waterborne Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 56 Waterborne Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 57 Waterborne Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 58 Waterborne Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)
7.4 Powder
7.4.1 Superior Performance And Excellent Properties Of Powder Coating Technology Driving Its Demand
Table 59 Powder-Based Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 60 Powder-Based Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 61 Powder-Based Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 62 Powder-Based Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)
7.5 Others
Table 63 Other Technologies-Based Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 64 Other Technologies-Based Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 65 Other Technologies-Based Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 66 Other Technologies-Based Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)

8 Industrial Coatings Market, By End-Use Industry
8.1 Introduction
Table 67 Industrial Coatings: End-Use Industry And Application
Figure 29 General Industrial To Be Largest End-Use Industry Of Industrial Coatings
Table 68 Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Usd Million)
Table 69 Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Usd Million)
Table 70 Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Kiloton)
Table 71 Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Kiloton)
8.1.1 Disruption Due To Covid-19
8.2 General Industrial
8.2.1 Use Of A Wide Range Of Powder-Coated Industrial Equipment To Fuel Market
Table 72 Industrial Coatings Market Size In General Industrial, By Region, 2017–2020 (Usd Million)
Table 73 Industrial Coatings Market Size In General Industrial, By Region, 2021–2026 (Usd Million)
Table 74 Industrial Coatings Market Size In General Industrial, By Region, 2017–2020 (Kiloton)
Table 75 Industrial Coatings Market Size In General Industrial, By Region, 2021–2026 (Kiloton)
8.3 Protective
8.3.1 Asia Pacific Emerging As A Strategic Location For Protective Coating Manufacturers
Figure 30 Oil & Gas Industry Witnessed High Demand For High-Performance Protective Coatings In 2021
Table 76 Industrial Coatings Market Size In Protective End-Use Industry, By Region, 2017–2020 (Usd Million)
Table 77 Industrial Coatings Market Size In Protective End-Use Industry, By Region, 2021–2026 (Usd Million)
Table 78 Industrial Coatings Market Size In Protective End-Use Industry, By Region, 2017–2020 (Kiloton)
Table 79 Industrial Coatings Market Size In Protective End-Use Industry, By Region, 2021–2026 (Kiloton)
8.4 Automotive Oem
8.4.1 Growing Demand For Electric Vehicles To Drive Industrial Coatings Market
Figure 31 Automobile Production Share For Top 5 Countries, 2021
Table 80 Industrial Coatings Market Size In Automotive Oem, By Region, 2017–2020 (Usd Million)
Table 81 Industrial Coatings Market Size In Automotive Oem, By Region, 2021–2026 (Usd Million)
Table 82 Industrial Coatings Market Size In Automotive Oem, By Region, 2017–2020 (Kiloton)
Table 83 Industrial Coatings Market Size In Automotive Oem, By Region, 2021–2026 (Kiloton)
8.5 Industrial Wood
8.5.1 Increasing Construction And Infrastructural Activities To Drive Industrial Wood Coatings Demand
Table 84 Industrial Coatings Market Size In Industrial Wood, By Region, 2017–2020 (Usd Million)
Table 85 Industrial Coatings Market Size In Industrial Wood, By Region, 2021–2026 (Usd Million)
Table 86 Industrial Coatings Market Size In Industrial Wood, By Region, 2017–2020 (Kiloton)
Table 87 Industrial Coatings Market Size In Industrial Wood, By Region, 2021–2026 (Kiloton)
8.6 Automotive Refinish
8.6.1 Increase In Vehicle Usage, Along With Increasing Number Of Accidents, Propelling Demand For Automotive Refinish Coatings
Table 88 Key Players In Automotive Refinish Coatings Market
Table 89 Industrial Coatings Market Size In Automotive Refinish, By Region, 2017–2020 (Usd Million)
Table 90 Industrial Coatings Market Size In Automotive Refinish, By Region, 2021–2026 (Usd Million)
Table 91 Industrial Coatings Market Size In Automotive Refinish, By Region, 2017–2020 (Kiloton)
Table 92 Industrial Coatings Market Size In Automotive Refinish, By Region, 2021–2026 (Kiloton)
8.7 Coil
8.7.1 Durability And Cost-Benefit Properties To Drive Demand For Coil Coatings
Table 93 Industrial Coatings Market Size In Coil, By Region, 2017–2020 (Usd Million)
Table 94 Industrial Coatings Market Size In Coil, By Region, 2021–2026 (Usd Million)
Table 95 Industrial Coatings Market Size In Coil, By Region, 2017–2020 (Kiloton)
Table 96 Industrial Coatings Market Size In Coil, By Region, 2021–2026 (Kiloton)
8.8 Packaging
8.8.1 Improved Lifestyle And Changing Food Habits Fueling Demand For Packaging Coatings
Table 97 Industrial Coatings Market Size In Packaging, By Region, 2017–2020 (Usd Million)
Table 98 Industrial Coatings Market Size In Packaging, By Region, 2021–2026 (Usd Million)
Table 99 Industrial Coatings Market Size In Packaging, By Region, 2017–2020 (Kiloton)
Table 100 Industrial Coatings Market Size In Packaging, By Region, 2021–2026 (Kiloton)
8.9 Marine
8.9.1 Slow Growth Of Shipbuilding Sector Hampering Demand For Marine Coatings
Figure 32 Marine Coatings Market Share, 2020
Figure 33 World Fleet By Principal Vessel Type, Share Of Tonnage (Dead-Weight Tons), 2021
Table 101 Industrial Coatings Market Size In Marine, By Region, 2017–2020 (Usd Million)
Table 102 Industrial Coatings Market Size In Marine, By Region, 2021–2026 (Usd Million)
Table 103 Industrial Coatings Market Size In Marine, By Region, 2017–2020 (Kiloton)
Table 104 Industrial Coatings Market Size In Marine, By Region, 2021–2026 (Kiloton)
8.10 Aerospace
8.10.1 Development Of Chrome-Free Coating Technology Augmenting Market Growth
Table 105 Industrial Coatings Market Size In Aerospace, By Region, 2017–2020 (Usd Million)
Table 106 Industrial Coatings Market Size In Aerospace, By Region, 2021–2026 (Usd Million)
Table 107 Industrial Coatings Market Size In Aerospace, By Region, 2017–2020 (Kiloton)
Table 108 Industrial Coatings Market Size In Aerospace, By Region, 2021–2026 (Kiloton)
8.11 Rail
8.11.1 Advancement In High-Speed Train Industry Boosting Rail Coatings Market
Table 109 Industrial Coatings Market Size In Rail, By Region, 2017–2020 (Usd Million)
Table 110 Industrial Coatings Market Size In Rail, By Region, 2021–2026 (Usd Million)
Table 111 Industrial Coatings Market Size In Rail, By Region, 2017–2020 (Kiloton)
Table 112 Industrial Coatings Market Size In Rail, By Region, 2021–2026 (Kiloton)

9 Industrial Coatings Market, By Region
9.1 Introduction
Figure 34 Asia Pacific To Be Fastest-Growing Industrial Coatings Market
Table 113 Industrial Coatings Market Size, By Region, 2017–2020 (Usd Million)
Table 114 Industrial Coatings Market Size, By Region, 2021–2026 (Usd Million)
Table 115 Industrial Coatings Market Size, By Region, 2017–2020 (Kiloton)
Table 116 Industrial Coatings Market Size, By Region, 2021–2026 (Kiloton)
9.1.1 Disruption Due To Covid-19
9.2 Asia Pacific
Figure 35 Asia Pacific: Industrial Coatings Market Snapshot
Table 117 Asia Pacific: Industrial Coatings Market Size, By Country, 2017–2020 (Usd Million)
Table 118 Asia Pacific: Industrial Coatings Market Size, By Country, 2021–2026 (Usd Million)
Table 119 Asia Pacific: Industrial Coatings Market Size, By Country, 2017–2020 (Kiloton)
Table 120 Asia Pacific: Industrial Coatings Market Size, By Country, 2021–2026 (Kiloton)
Table 121 Asia Pacific: Industrial Coatings Market Size, By Resin Type, 2017–2020 (Usd Million)
Table 122 Asia Pacific: Industrial Coatings Market Size, By Resin Type, 2021–2026 (Usd Million)
Table 123 Asia Pacific: Industrial Coatings Market Size, By Resin Type, 2017–2020 (Kiloton)
Table 124 Asia Pacific: Industrial Coatings Market Size, By Resin Type, 2021–2026 (Kiloton)
Table 125 Asia Pacific: Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Usd Million)
Table 126 Asia Pacific: Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Usd Million)
Table 127 Asia Pacific: Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Kiloton)
Table 128 Asia Pacific: Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Kiloton)
Table 129 Asia Pacific: Industrial Coatings Market Size, By Technology, 2017–2020 (Usd Million)
Table 130 Asia Pacific: Industrial Coatings Market Size, By Technology, 2021–2026 (Usd Million)
Table 131 Asia Pacific: Industrial Coatings Market Size, By Technology, 2017–2020 (Kiloton)
Table 132 Asia Pacific: Industrial Coatings Market Size, By Technology, 2021–2026 (Kiloton)
9.2.1 Impact Of Covid-19 On Asia Pacific
9.2.2 China
9.2.2.1 High Demand From Furniture, Appliance, And Automotive Industries To Drive Market
9.2.3 Japan
9.2.3.1 High Production Of Vehicles To Spur Demand For Industrial Coatings
9.2.4 India
9.2.4.1 Rapidly Growing Furniture Industry To Fuel Market Growth
9.2.5 Thailand
9.2.5.1 Automotive Industry Contributing Significantly To Industrial Coatings Market Growth
9.2.6 Indonesia
9.2.6.1 Increasing Penetration Of Japanese Carmakers To Benefit Industrial Coatings Market
9.2.7 Rest Of Asia Pacific
9.3 Europe
Figure 36 Europe: Industrial Coatings Market Snapshot
Table 133 Europe: Industrial Coatings Market Size, By Resin Type, 2017–2020 (Usd Million)
Table 134 Europe: Industrial Coatings Market Size, By Resin Type, 2021–2026 (Usd Million)
Table 135 Europe: Industrial Coatings Market Size, By Resin Type, 2017–2020 (Kiloton)
Table 136 Europe: Industrial Coatings Market Size, By Resin Type, 2021–2026 (Kiloton)
Table 137 Europe: Industrial Coatings Market Size, By Technology, 2017–2020 (Usd Million)
Table 138 Europe: Industrial Coatings Market Size, By Technology, 2021–2026 (Usd Million)
Table 139 Europe: Industrial Coatings Market Size, By Technology, 2017–2020 (Kiloton)
Table 140 Europe: Industrial Coatings Market Size, By Technology, 2021–2026 (Kiloton)
Table 141 Europe: Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Usd Million)
Table 142 Europe: Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Usd Million)
Table 143 Europe: Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Kiloton)
Table 144 Europe: Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Kiloton)
Table 145 Europe: Industrial Coatings Market Size, By Country, 2017–2020 (Usd Million)
Table 146 Europe: Industrial Coatings Market Size, By Country, 2021–2026 (Usd Million)
Table 147 Europe: Industrial Coatings Market Size, By Country, 2017–2020 (Kiloton)
Table 148 Europe: Industrial Coatings Market Size, By Country, 2021–2026 (Kiloton)
Table 149 Infrastructure Projects In Europe
9.3.1 Impact Of Covid-19 On Europe
9.3.2 Germany
9.3.2.1 Increasing Focus On Appliances Industry Driving Market
9.3.3 Russia
9.3.3.1 Crisis With Ukraine Likely To Impact Market
9.3.4 Italy
9.3.4.1 Increasing Foreign Demand For Furniture To Fuel Growth Of Industrial Coatings Market
9.3.5 Turkey
9.3.5.1 Rapid Urbanization And Diversification Of Consumer Goods Positively Impacting Market Growth
9.3.6 France
9.3.6.1 Adoption Of Innovative Technologies To Drive Demand For Industrial Coatings
9.3.7 Uk
9.3.7.1 Economic Growth, Increase In Consumer Spending, And Rising Competition Boosting Demand
9.3.8 Spain
9.3.8.1 Government’s Investment For Improving Transport And Agriculture Infrastructure To Drive Industrial Coatings Market
9.3.9 Rest Of Europe
9.4 North America
Figure 37 North America: Industrial Coatings Market Snapshot
Table 150 North America: Industrial Coatings Market Size, By Resin Type, 2017–2020 (Usd Million)
Table 151 North America: Industrial Coatings Market Size, By Resin Type, 2021–2026 (Usd Million)
Table 152 North America: Industrial Coatings Market Size, By Resin Type, 2017–2020 (Kiloton)
Table 153 North America: Industrial Coatings Market Size, By Resin Type, 2021–2026 (Kiloton)
Table 154 North America: Industrial Coatings Market Size, By Technology, 2017–2020 (Usd Million)
Table 155 North America: Industrial Coatings Market Size, By Technology, 2021–2026 (Usd Million)
Table 156 North America: Industrial Coatings Market Size, By Technology, 2017–2020 (Kiloton)
Table 157 North America: Industrial Coatings Market Size, By Technology, 2021–2026 (Kiloton)
Table 158 North America: Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Usd Million)
Table 159 North America: Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Usd Million)
Table 160 North America: Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Kiloton)
Table 161 North America: Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Kiloton)
Table 162 North America: Industrial Coatings Market Size, By Country, 2017–2020 (Usd Million)
Table 163 North America: Industrial Coatings Market Size, By Country, 2021–2026 (Usd Million)
Table 164 North America: Industrial Coatings Market Size, By Country, 2017–2020 (Kiloton)
Table 165 North America: Industrial Coatings Market Size, By Country, 2021–2026 (Kiloton)
9.4.1 Impact Of Covid-19 On North America
9.4.2 Us
9.4.2.1 Presence Of Major Manufacturers Fueling Growth Of Industrial Coatings Market
9.4.3 Mexico
9.4.3.1 High Export Of Electronic Products To Boost Market
9.4.4 Canada
9.4.4.1 High Export Of Furniture Boosting Demand For Industrial Coatings
9.5 Middle East & Africa
Table 166 Middle East & Africa: Industrial Coatings Market Size, By Resin Type, 2017–2020 (Usd Million)
Table 167 Middle East & Africa: Industrial Coatings Market Size, By Resin Type, 2021–2026 (Usd Million)
Table 168 Middle East & Africa: Industrial Coatings Market Size, By Resin Type, 2017–2020 (Kiloton)
Table 169 Middle East & Africa: Industrial Coatings Market Size, By Resin Type, 2021–2026 (Kiloton)
Table 170 Middle East & Africa: Industrial Coatings Market Size, By Technology, 2017–2020 (Usd Million)
Table 171 Middle East & Africa: Industrial Coatings Market Size, By Technology, 2021–2026 (Usd Million)
Table 172 Middle East & Africa: Industrial Coatings Market Size, By Technology, 2017–2020 (Kiloton)
Table 173 Middle East & Africa: Industrial Coatings Market Size, By Technology, 2021–2026 (Kiloton)
Table 174 Middle East & Africa: Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Usd Million)
Table 175 Middle East & Africa: Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Usd Million)
Table 176 Middle East & Africa: Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Kiloton)
Table 177 Middle East & Africa: Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Kiloton)
Table 178 Middle East & Africa: Industrial Coatings Market Size, By Country, 2017–2020(Usd Million)
Table 179 Middle East & Africa: Industrial Coatings Market Size, By Country, 2021–2026 (Usd Million)
Table 180 Middle East & Africa: Industrial Coatings Market Size, By Country, 2017–2020(Kiloton)
Table 181 Middle East & Africa: Industrial Coatings Market Size, By Country, 2021–2026 (Kiloton)
9.5.1 Impact Of Covid-19 On The Middle East & Africa
9.5.2 Saudi Arabia
9.5.2.1 Increasing Population And Urbanization Fueling Industrial Coatings Market
9.5.3 South Africa
9.5.3.1 Surge In Demand For Industrial Coated Products To Drive Market
9.5.4 Egypt
9.5.4.1 New Business And Residential Projects Under Construction To Drive Demand For Industrial Coatings
9.5.5 Rest Of The Middle East & Africa
9.6 South America
Table 182 South America: Industrial Coatings Market Size, By Resin Type, 2017–2020 (Usd Million)
Table 183 South America: Industrial Coatings Market Size, By Resin Type, 2021–2026 (Usd Million)
Table 184 South America: Industrial Coatings Market Size, By Resin Type, 2017–2020 (Kiloton)
Table 185 South America: Industrial Coatings Market Size, By Resin Type, 2021–2026 (Kiloton)
Table 186 South America: Industrial Coatings Market Size, By Technology, 2017–2020 (Usd Million)
Table 187 South America: Industrial Coatings Market Size, By Technology, 2021–2026 (Usd Million)
Table 188 South America: Industrial Coatings Market Size, By Technology, 2017–2020 (Kiloton)
Table 189 South America: Industrial Coatings Market Size, By Technology, 2021–2026 (Kiloton)
Table 190 South America: Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Usd Million)
Table 191 South America: Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Usd Million)
Table 192 South America: Industrial Coatings Market Size, By End-Use Industry, 2017–2020 (Kiloton)
Table 193 South America: Industrial Coatings Market Size, By End-Use Industry, 2021–2026 (Kiloton)
Table 194 South America: Industrial Coatings Market Size, By Country, 2017–2020 (Usd Million)
Table 195 South America: Industrial Coatings Market Size, By Country, 2021–2026 (Usd Million)
Table 196 South America: Industrial Coatings Market Size, By Country, 2017–2020(Kiloton)
Table 197 South America: Industrial Coatings Market Size, By Country, 2021–2026 (Kiloton)
9.6.1 Impact Of Covid-19 On South America
9.6.2 Brazil
9.6.2.1 Easy Availability Of Raw Materials To Propel Industrial Coatings Market
9.6.3 Argentina
9.6.3.1 Increase In Population And Improved Economic Conditions To Drive Demand For Industrial Coatings
9.6.4 Rest Of South America

10 Competitive Landscape
10.1 Introduction
Table 198 Overview Of Strategies Adopted By Key Industrial Coating Players (2016-2021)
10.2 Company Evaluation Quadrant Matrix: Definitions And Methodology, 2020
10.2.1 Stars
10.2.2 Emerging Leaders
10.2.3 Emerging Companies
10.2.4 Pervasive
Figure 38 Industrial Coatings Market: Competitive Leadership Mapping, 2020
10.3 Strength Of Product Portfolio
Figure 39 Product Portfolio Analysis Of Top Players In Industrial Coatings Market
10.4 Sme Matrix, 2020
10.4.1 Responsive Companies
10.4.2 Progressive Companies
10.4.3 Starting Blocks
10.4.4 Dynamic Companies
Figure 40 Industrial Coatings Market: Emerging Companies’ Competitive Leadership Mapping, 2020
10.4.4.1 Competitive Benchmarking
Table 199 Industrial Coatings Market: Detailed List Of Key Startup/Smes
Table 200 Industrial Coatings Market: Competitive Benchmarking Of Key Players [Startups/Smes]
10.5 Company Evaluation Matrix: Industrial Coatings
10.6 Industrial Coatings Market Share Analysis
Figure 41 Industrial Coatings Market Share Analysis, 2020
Table 201 Industrial Coatings Market Share, By Degree Of Competition, 2020
10.7 Revenue Analysis
Figure 42 Revenue Analysis Of Top 5 Players, 2016–2020
10.7.1 Sherwin-Williams
10.7.2 Ppg Industries
10.7.3 Akzonobel
10.7.4 Nippon Paint
10.7.5 Axalta Coating Systems
10.8 Competitive Situation And Trends
Table 202 Industrial Coatings Market: Product Launches, 2016-2021
Table 203 Industrial Coatings Market: Deals, 2016-2021
Table 204 Industrial Coatings Market: Others, 2016-2021

11 Company Profiles
11.1 Major Players
(Business Overview, Products Offered, Recent Developments, Deals, Mnm View, Key Strengths/Right To Win, Strategic Choices Made, Weakness/Competitive Threats)*
11.1.1 Akzo Nobel N.V.
Table 205 Akzo Nobel N.V.: Company Overview
Figure 43 Akzo Nobel N.V.: Company Snapshot
Table 206 Akzo Nobel N.V.: Product Launches
Table 207 Akzonobel N.V.: Deals
Table 208 Akzo Nobel N.V.: Others
11.1.2 Axalta Coating Systems, Llc
Table 209 Axalta Coating Systems Llc.: Company Overview
Figure 44 Axalta Coating Systems, Llc: Company Snapshot
Table 210 Axalta Coating Systems Llc.: Product Launches
Table 211 Axalta Coating Systems Llc : Deals
Table 212 Axalta Coating Systems Llc: Others
11.1.3 Jotun A/S
Table 213 Jotun A/S: Company Overview
Figure 45 Jotun A/S: Company Snapshot
Table 214 Jotun A/S: Product Launches
Table 215 Jotun A/S: Deals
Table 216 Jotun A/S: Others
11.1.4 Ppg Industries Inc.
Table 217 Ppg Industries, Inc.: Company Overview
Figure 46 Ppg Industries Inc.: Company Snapshot
Table 218 Ppg Industries: Product Launches
Table 219 Ppg Industries: Deals
Table 220 Ppg Industries: Others
11.1.5 The Sherwin-Williams Company
Table 221 The Sherwin-Williams Company: Company Overview
Figure 47 The Sherwin-Williams Company: Company Snapshot
Table 222 The Sherwin-Williams Company: Product Launches
Table 223 The Sherwin-Williams Company: Deals
Table 224 The Sherwin-Williams Company: Others
11.1.6 Nippon Paint Holdings Co., Ltd.
Table 225 Nippon Paints Holdings Co., Ltd.: Company Overview
Figure 48 Nippon Paint Holdings Co., Ltd.: Company Snapshot
Table 226 Nippon Paint Holdings Co., Ltd.: Product Launches
Table 227 Nippon Paints Holdings Co., Ltd.: Deals
Table 228 Nippon Paints Holdings Co., Ltd.: Others
11.1.7 Kansai Paint Co., Ltd.
Table 229 Kansai Paint Company Limited: Company Overview
Figure 49 Kansai Paint Co., Ltd.: Company Snapshot
Table 230 Kansai Paints Co., Ltd.: Deals
11.1.8 Rpm International Inc.
Table 231 Rpm International Inc.: Company Overview
Figure 50 Rpm International Inc.: Company Snapshot
Table 232 Rpm International Inc.: Deals
Table 233 Rpm International Inc.: Others
11.1.9 Hempel A/S
Table 234 Hempel A/S.: Company Overview
Figure 51 Hempel A/S: Company Snapshot
Table 235 Hempel A/S: Product Launches
Table 236 Hempel A/S: Deals
Table 237 Hempel A/S: Others
11.1.10 Basf Coatings Gmbh
Table 238 Basf Coatings Gmbh: Company Overview
Figure 52 Basf Coatings Gmbh: Company Snapshot
Table 239 Basf Coatings Gmbh: Deal
11.1.11 Asian Paints Limited
Table 240 Asian Paints Limited: Company Overview
Figure 53 Asian Paints Limited: Company Snapshot
Table 241 Asian Paints Limited: Deals
Table 242 Asian Paints Limited: Others
*Details On Business Overview, Products Offered, Recent Developments, Deals, Mnm View, Key Strengths/Right To Win, Strategic Choices Made, Weakness/Competitive Threats Might Not Be Captured In Case Of Unlisted Companies
11.2 Other Key Players
11.2.1 Teknos Group
11.2.1.1 Teknos Group: Company Overview
11.2.1.2 Products Offered
11.2.2 Noroo Paint & Coatings
11.2.2.1 Noroo Paint & Coatings: Company Overview
11.2.2.2 Products Offered
11.2.3 Weilburger Coatings
11.2.3.1 Weilburger Coatings: Company Overview
11.2.3.2 Products Offered
11.2.4 The Chemours Company
11.2.4.1 The Chemours Company: Company Overview
11.2.4.2 Products Offered
11.2.5 Beckers Group
11.2.5.1 Beckers Group: Company Overview
11.2.5.2 Products Offered
11.2.5.3 Recent Developments
Table 243 Beckers Group: Others
11.2.6 Tiger Coatings Gmbh & Co. Kg
11.2.6.1 Tiger Coatings Gmbh & Co. Kg: Company Overview
11.2.6.2 Products Offered
11.2.7 Diamond Vogel Paint Company
11.2.7.1 Diamond Vogel Paint Company: Company Overview
11.2.7.2 Products Offered
11.2.8 Igp Pulvertechnik Ag
11.2.8.1 Igp Pulvertechnik Ag: Company Overview
11.2.8.2 Products Offered
11.2.8.3 Recent Developments
Table 244 Igp Pulvertechnik Ag.: Deals
Table 245 Igp Pulvertechnik Ag.: Others
11.2.9 Anhui Meijia New Material Co., Ltd
11.2.9.1 Anhui Meijia New Material Co., Ltd: Company Overview
11.2.9.2 Products Offered

12 Adjacent/Related Markets
12.1 Introduction
12.2 Limitation
12.3 Paints & Coatings Ecosystem And Interconnected Market
12.4 Coating Resins
12.4.1 Market Definition
12.4.2 Market Overview
12.4.3 Coating Resins Market, By Resin Type
Table 246 Coating Resins Market Size, By Resin Type, 2018–2025 (Usd Million)
Table 247 Coating Resins Market Size, By Resin Type, 2018–2025 (Kiloton)
12.4.3.1 Acrylic
12.4.3.2 Alkyd
12.4.3.3 Vinyl
12.4.3.4 Polyurethane
12.4.3.5 Epoxy
12.4.3.6 Unsaturated Polyester
12.4.3.7 Saturated Polyester
12.4.3.8 Amino
12.4.3.9 Others
12.4.4 Coating Resins Market, By Technology
Table 248 Coating Resins Market Size, By Technology, 2018–2025 (Usd Million)
Table 249 Coating Resins Market Size, By Technology, 2018–2025 (Kiloton)
12.4.4.1 Water-Based Coatings
12.4.4.2 Solvent-Based Coatings
Table 250 Traditional Formulation Of Solvents Used For Each Resin Type
12.4.4.3 Powder Coatings
12.4.4.4 Others
12.4.4.4.1 High Solids Coatings
12.4.4.4.2 Radiation Curable Coatings
12.4.5 Coating Resins Market, By Application
Table 251 Coating Resins Market Size, By Application, 2018–2025 (Usd Million)
Table 252 Coating Resins Market Size, By Application, 2018–2025 (Kiloton)
Table 253 Architectural Coating Resins Market Size, By Application, 2018–2025 (Usd Million)
Table 254 Architectural Coating Resins Market Size, By Application, 2018–2025 (Kiloton)
Table 255 Industrial Coating Resins Market Size, By Application, 2018–2025 (Usd Million)
Table 256 Industrial Coating Resins Market Size, By Application, 2018–2025 (Kiloton)
12.4.5.1 Architectural Coatings
12.4.5.2 Marine & Protective Coatings
12.4.5.3 General Industrial Coatings
12.4.5.4 Automotive Coatings
12.4.5.5 Wood Coatings
12.4.5.6 Packaging Coatings
12.4.5.7 Others
12.4.5.7.1 Coil Coatings
12.4.5.7.2 Aerospace Coatings
12.4.5.7.3 Graphic Arts
12.4.6 Coating Resins Market, By Region
Table 257 Coating Resins Market Size, By Region, 2018–2025 (Usd Million)
Table 258 Coating Resins Market Size, By Region, 2018–2025 (Kiloton)
12.4.6.1 Asia Pacific
12.4.6.2 Europe
12.4.6.3 North America
12.4.6.4 Middle East & Africa
12.4.6.5 South America

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details

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