
Study Period | 2019 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
CAGR | 4.00 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Industrial Coatings Market Analysis
The Industrial Coatings Market is expected to register a CAGR of greater than 4% during the forecast period.
The industrial coatings landscape continues to evolve rapidly, driven by technological advancements and changing industrial requirements across various sectors. The marine industry has emerged as a significant growth driver, with major developments in shipbuilding and maintenance activities worldwide. The industry has witnessed substantial investments in new shipbuilding facilities, particularly in Asia-Pacific countries like South Korea and China, where an increasing focus on maritime trade has spurred demand for specialized marine coatings. The sector's transformation is further evidenced by the rising adoption of advanced anti-fouling coatings and environmentally compliant solutions that align with stringent maritime regulations.
The power generation sector has become increasingly influential in shaping the industrial coatings industry, particularly in renewable energy applications. Wind energy infrastructure has emerged as a crucial application area, with countries like Denmark leading the transition to renewable energy sources. The advancement in coating technologies for wind turbines has been particularly noteworthy, focusing on enhancing durability and protection against harsh environmental conditions. These developments are complemented by innovations in protective coatings for solar panels and other renewable energy infrastructure, reflecting the industry's adaptation to evolving energy sector needs.
A significant transformation is underway in coating technologies, with powder coatings gaining prominence as a more sustainable alternative to traditional liquid coatings. Recent technological breakthroughs have enabled powder coatings to be cured at lower temperatures (around 120°C), expanding their applicability to heat-sensitive materials like plastics and wood. This advancement has opened new possibilities in various industrial applications, from furniture manufacturing to automotive components. The coatings industry has also witnessed substantial progress in UV-curable coatings and radiation-cured technologies, offering improved performance characteristics while maintaining environmental compliance.
The oil and gas sector continues to drive innovation in protective coatings, particularly in pipeline infrastructure and storage facilities. Major developments include the advancement of anti-corrosion technologies and the introduction of smart coatings capable of monitoring structural integrity. The industry has seen significant investments in research and development focused on developing coatings that can withstand extreme temperatures and harsh chemical environments. These innovations are particularly crucial for offshore installations and deep-water operations, where coating performance directly impacts operational efficiency and safety. The sector's evolution is marked by an increasing emphasis on maintenance coatings that extend asset lifecycles while reducing environmental impact.
Industrial Coatings Market Trends
Increasing Demand for Eco-friendly Coatings
The industrial coatings market is experiencing a significant shift toward eco-friendly alternatives, driven by stringent environmental regulations and increasing awareness about the harmful effects of conventional solvent-borne coatings. Major industrial coatings manufacturers are recognizing the need to produce products derived from plants and other organic and renewable sources, with particular emphasis on powder coatings that can be recycled with over a 92% recovery rate. These eco-friendly powder coatings are finding increasing applications in highway components and structural steel products, offering superior performance while minimizing environmental impact. The low odor and negligible volatile organic compound (VOC) content of these coatings make them particularly attractive for industrial applications.
Environmental regulations from bodies such as the US EPA (Environmental Protection Agency) and REACH in Europe continue to drive innovation in bio-based resins and coating technologies. Companies are actively developing new formulations, including polyurethane dispersion (PUD) and waterborne alkyds, that offer improved performance over traditional polymers while maintaining minimal environmental impact. Notable industry recognition includes the Green Pro certification awarded by CII-IGBC (Indian Green Building Council) to companies developing low-VOC content formulations. This trend is further supported by consumers becoming increasingly conscious of environmental impact and sustainability, pushing organizations to minimize their environmental footprint through their existing and upcoming product portfolios.
Increasing Demand from Oil and Gas Industry in Europe
The European oil and gas sector represents a major growth driver for the industrial coatings market, particularly in the protective coating market segment. The sector demands high-performance coating systems capable of withstanding extreme conditions, including constant seawater contact and prolonged exposure to penetrating UV rays, especially in offshore environments where frequent maintenance is not feasible. The industry utilizes protective coatings for various critical equipment, including drilling, wellhead, and subsea equipment, with applications extending to corrosion prevention, wear resistance, fireproofing, and maintenance cost reduction.
The region is witnessing significant infrastructure developments that are driving coating demand, particularly through major pipeline projects. The EastMed pipeline project, designed to transport gas from offshore Israel and Cyprus to Greece and Italy, represents a significant opportunity with its planned investment of EUR 6 billion and targeted completion by 2025. The pipeline's initial capacity of 10 billion cubic meters of gas annually, with potential for doubling, demonstrates the scale of protective coating requirements. Additionally, the Nord Stream 2 pipeline development, connecting Russia to Europe across the Baltic Sea, represents another major infrastructure project requiring extensive protective coating applications. These developments, combined with the discovery of new oil reserves and government initiatives to promote oil and gas investment through legislation, are creating sustained demand for industrial coating solutions in the region.
Segment Analysis: Resin Type
Polyurethane Segment in Industrial Coatings Market
The polyurethane segment continues to dominate the industrial coatings market, holding approximately 31% of the total market share in 2024. This significant market position is attributed to polyurethane's superior performance characteristics, including excellent UV resistance, weather resistance, and durability in extreme conditions. Polyurethane coatings are extensively used in automotive applications, providing lustrous glossy finishes while maintaining resistance against high levels of UV exposure and extreme weather conditions. The segment's growth is further driven by its widespread adoption in marine applications, where these coatings provide exceptional protection from UV degradation, saltwater exposure, abrasion, and chemicals, even in the harshest marine environments. Additionally, polyurethane coatings are increasingly preferred in wood and furniture applications, as well as in structural steels, vessels, accommodation modules, pipeline externals, and infrastructure projects including bridges and tunnels.

Remaining Segments in Industrial Coatings Market by Resin Type
The industrial coatings market segments encompass several other significant resin types, each serving specific applications and industries. Epoxy resins are crucial in providing enhanced durability and chemical resistance, particularly in metal protection and floor applications. Acrylic resins are widely utilized in architectural coatings and are gaining prominence in water-borne systems due to their low VOC emissions and high surface hardness properties. Polyester resins offer cost-effective solutions with high filling capacity and good chemical resistance, making them suitable for automotive OEM, aviation, and household appliances applications. Other resin types, including alkyds, fluoropolymers, and polyaspartics, continue to play vital roles in various specialized applications, contributing to the overall diversity and functionality of industrial coating solutions.
Segment Analysis: Technology
Solvent-borne Segment in Industrial Coatings Market
The solvent-borne coatings segment continues to dominate the coating market, holding approximately 48% of the total market share in 2024. Solvent-borne coatings maintain their leading position due to their superior performance characteristics, including better resistance to environmental conditions like temperature and humidity during the curing phase compared to water-based alternatives. These coatings are particularly preferred in applications requiring high durability and performance, such as doors, cabinets and furniture, metal doors and railings, industrial equipment, and maintenance of steel structures. The segment's strength is further reinforced by its established infrastructure and widespread acceptance across various industrial applications, particularly in regions where environmental regulations are less stringent.
Water-borne Segment in Industrial Coatings Market
The water-borne coatings segment is emerging as the fastest-growing technology in the industrial coatings market, projected to grow at approximately 4% from 2024 to 2029. This growth is primarily driven by increasing environmental awareness and stringent regulations regarding VOC emissions across major markets. Water-borne coatings are gaining significant traction due to their eco-friendly nature, lower VOC content, and properties such as low odor, enhanced durability, and superior block resistance. The automotive refinishing sector is particularly contributing to this growth, as manufacturers increasingly adopt water-borne solutions to comply with environmental standards while maintaining high-quality finishing requirements. The segment's expansion is further supported by continuous technological advancements improving application efficiency and performance characteristics.
Remaining Segments in Industrial Coatings Technology
The powder coatings and radiation-cured segments represent significant technological alternatives in the coatings industry. Powder coatings are gaining prominence due to their environmental benefits, offering zero VOC emissions and the ability to recycle oversprayed material, making them particularly attractive for metal coating applications in automotive and appliance industries. Meanwhile, radiation-cured coatings have carved out a niche in specialized applications where rapid curing and superior performance characteristics are essential, such as in wood coatings, electronics, and high-performance industrial applications. These segments continue to evolve with technological advancements, offering unique advantages in specific applications while complementing the broader industrial coatings market.
Segment Analysis: End-User Industry
Automotive Segment in Industrial Coatings Market
The automotive segment continues to dominate the industrial coatings market in 2024, accounting for approximately 23% of the total market revenue. This significant market share is driven by the extensive use of industrial coatings in both interior and exterior automotive applications, providing essential protection against various environmental factors including sunlight, material corrosiveness, acid rain, hot-cold shocks, stone chips, UV radiation, car washing, and blowing sand. The segment's strength is further reinforced by the increasing adoption of innovative coating solutions such as heat and anti-reflective coatings, electrochromatic and smart coatings for windows, self-cleaning topcoats, UV curable systems, powder coating systems, iridescent and color-changing base coats, and abrasion-resistant coatings for headlamps. Major coating manufacturers are continuously developing advanced solutions to help automotive manufacturers achieve improved fuel economy, reduced emissions, greater durability, and enhanced color options while meeting cost and global capability targets.
Consumer Durables Segment in Industrial Coatings Market
The consumer durables segment is experiencing robust growth in the industrial coatings market, with a projected growth rate of approximately 4% during the forecast period 2024-2029. This impressive growth is primarily attributed to the increasing demand for coatings in the manufacture of consumer goods such as television sets, refrigerators, air conditioners, phones, and other household goods. The segment's growth is further fueled by the rapid pace of innovation, advancement of technology, and extensive R&D activities in the electronics industry. The expansion of manufacturing plants and development centers, particularly in Asia-Pacific and North America, is creating substantial demand for protective coatings. The trend toward developing high-end products with enhanced features and durability is driving the need for specialized coating solutions that can provide both aesthetic appeal and functional protection.
Remaining Segments in End-User Industry
The industrial coatings market encompasses several other significant segments including wood coatings, general industrial applications, marine coatings, transportation, and oil and gas sectors. The wood coatings segment serves various commercial applications including office buildings, warehouses, retail spaces, and residential buildings. General industrial coatings find extensive use in machinery equipment and automotive parts. The marine segment focuses on anti-fouling and protective coatings for various marine vessels and structures. The transportation segment covers specialized coatings for aerospace and rail applications, while the oil and gas sector utilizes industrial coatings for both upstream and downstream activities, including exploration, production, and refinery operations. Each of these segments contributes uniquely to the market's dynamics, driven by specific industry requirements and technological advancements in coating solutions.
Industrial Coatings Market Geography Segment Analysis
Industrial Coatings Market in Asia-Pacific
The Asia-Pacific region represents a dominant force in the global industrial coatings market, driven by rapid industrialization and manufacturing growth across multiple sectors. Key markets include China, India, Japan, and South Korea, each contributing significantly to regional demand. The region's growth is supported by expanding automotive production, increasing infrastructure development, and rising industrial activities, particularly in emerging economies. The presence of major manufacturing hubs, coupled with favorable government policies promoting industrial development, continues to drive market expansion across various end-use industries, including automotive, consumer electronics, and general industrial applications.

Industrial Coatings Market in China
China maintains its position as the largest market for industrial coatings in the Asia-Pacific region, commanding approximately 43% of the regional market share. The country's dominance is underpinned by its massive manufacturing sector, particularly in automotive, electronics, and general industrial applications. China's industrial coatings market benefits from the presence of numerous domestic and international manufacturers, extensive distribution networks, and continued industrial expansion. The government's focus on upgrading manufacturing capabilities and environmental regulations has led to increased adoption of advanced coating technologies. Despite economic challenges, China's industrial base continues to drive substantial demand for various coating applications across different industrial sectors.
Industrial Coatings Market in India
India emerges as the fastest-growing market in the Asia-Pacific region, with a projected CAGR of approximately 5% during 2024-2029. The country's rapid industrial development, expanding manufacturing sector, and government initiatives like 'Make in India' are driving growth in industrial coatings demand. India's automotive sector, despite recent challenges, continues to be a significant consumer of industrial coatings, while other sectors such as consumer electronics and infrastructure development contribute to market expansion. The country's focus on developing its manufacturing capabilities and increasing foreign direct investment in industrial sectors is expected to further boost demand for industrial coatings in the coming years.
Industrial Coatings Market in North America
The North American industrial coatings market demonstrates strong market fundamentals, supported by advanced manufacturing capabilities and technological innovation across the United States, Canada, and Mexico. The region's market is characterized by high adoption of environmentally friendly coating solutions and advanced application technologies. The presence of major coating manufacturers, robust automotive and aerospace sectors, and continuous technological advancements in coating formulations contribute to market stability and growth. The region's focus on sustainable solutions and stringent environmental regulations continues to shape product development and market dynamics.
Industrial Coatings Market in United States
The United States dominates the North American industrial coatings market, accounting for approximately 71% of the regional market share. As the region's largest economy, the United States benefits from a diverse industrial base, strong research and development capabilities, and advanced manufacturing sectors. The country's robust automotive, aerospace, and general industrial sectors drive consistent demand for industrial coatings. The market is characterized by high adoption of advanced coating technologies and increasing focus on environmentally compliant solutions. The presence of major coating manufacturers and continuous innovation in coating technologies further strengthens the country's market position.
Industrial Coatings Market Growth in United States
The United States also leads regional growth with a projected CAGR of approximately 4% during 2024-2029. The growth is driven by increasing demand from various end-use industries, particularly in automotive refinishing, aerospace, and general industrial applications. The country's focus on technological advancement and innovation in coating solutions continues to create new opportunities. The shift towards eco-friendly coating solutions and increasing investment in research and development activities further supports market growth. The strong presence of major coating manufacturers and their continuous efforts in product development contribute to market expansion.
Industrial Coatings Market in Europe
The European industrial coatings market is characterized by mature economies and stringent environmental regulations that shape product development and market dynamics. Key markets include Germany, United Kingdom, France, Italy, and Russia, each contributing significantly to regional demand. The region's strong automotive, aerospace, and industrial manufacturing sectors drive consistent demand for industrial coatings. Environmental regulations and sustainability initiatives have led to increased adoption of eco-friendly coating solutions and advanced application technologies across the region.
Industrial Coatings Market in Germany
Germany stands as the largest market for industrial coatings in Europe, driven by its robust automotive sector, advanced manufacturing capabilities, and strong industrial base. The country's leadership in industrial technology and innovation contributes to continuous advancement in coating applications and technologies. Germany's focus on environmental sustainability and technological advancement has led to increased adoption of eco-friendly coating solutions. The presence of major automotive manufacturers and industrial companies continues to drive demand for high-performance coating solutions.
Industrial Coatings Market Growth in Germany
Germany leads the European market in terms of growth potential, supported by continuous technological innovation and strong industrial development. The country's focus on Industry 4.0 initiatives and sustainable manufacturing practices drives the adoption of advanced coating solutions. The automotive sector remains a key growth driver, along with increasing demand from other industrial sectors. Germany's strong emphasis on research and development in coating technologies continues to create new opportunities for market expansion.
Industrial Coatings Market in South America
The South American industrial coatings market, primarily represented by Brazil and Argentina, shows steady development despite economic challenges in the region. Brazil emerges as both the largest and fastest-growing market in the region, driven by its substantial industrial base and automotive sector. The region's market is characterized by increasing industrial activities, growing automotive production, and rising demand from various end-use industries. Despite economic fluctuations, continued industrialization and infrastructure development projects support market growth across the region.
Industrial Coatings Market in Middle East & Africa
The Middle East & Africa industrial coatings market, with key markets in Saudi Arabia and South Africa, demonstrates growing potential driven by increasing industrialization and infrastructure development. Saudi Arabia represents the largest market in the region, supported by its robust oil and gas sector and growing industrial base, while South Africa shows the fastest growth potential. The region's market is characterized by increasing investments in industrial infrastructure, growing automotive sector, and rising demand from various end-use industries, including oil and gas, manufacturing, and construction sectors.
Industrial Coatings Industry Overview
Top Companies in Industrial Coatings Market
The industrial coatings market features several prominent global players who are actively shaping industry dynamics through various strategic initiatives. Companies are increasingly focusing on eco-friendly coating solutions and innovative product development to meet evolving customer demands across automotive, marine, and general industrial segments. Major players are expanding their geographical presence through strategic acquisitions and partnerships, particularly in emerging Asian markets. The industry is witnessing significant investments in research and development facilities to develop advanced coating technologies and sustainable solutions. Manufacturing capacity expansion, especially in high-growth regions, remains a key focus area for market leaders. Companies are also strengthening their distribution networks and technical service capabilities to enhance customer reach and support.
Fragmented Market with Strong Global Leaders
The industrial coatings market exhibits a fragmented structure with a mix of global conglomerates and specialized regional players competing across different segments. The top five players, including PPG Industries, AkzoNobel, Sherwin-Williams, Axalta Coating Systems, and Nipsea Group, maintain significant market presence through their extensive product portfolios and global manufacturing networks. These industry leaders leverage their strong research capabilities, established brand reputation, and integrated operations to maintain competitive advantages. Regional players often focus on specific market niches or geographical areas, contributing to the market's diverse competitive landscape.
The market is characterized by ongoing consolidation through mergers and acquisitions, as larger players seek to expand their technological capabilities and geographical reach. Companies are particularly active in acquiring specialized industrial coatings manufacturers to enhance their product offerings and enter new market segments. Vertical integration strategies are being adopted by some major players to secure raw material supply and optimize costs. The industry also sees strategic partnerships between global and local players to penetrate regional markets more effectively and share technological expertise.
Innovation and Sustainability Drive Future Success
Success in the coating industry increasingly depends on companies' ability to develop sustainable solutions while maintaining cost competitiveness. Market leaders are investing heavily in developing water-based and powder coating technologies to meet stringent environmental regulations and growing customer preference for eco-friendly solutions. Companies need to focus on building strong relationships with key end-user industries, particularly the automotive and construction sectors, while diversifying their customer base to reduce dependency on specific segments. The ability to provide customized solutions and technical support services is becoming increasingly crucial for maintaining market position.
New entrants and smaller industrial coating companies can gain market share by focusing on specialized market segments and developing innovative coating solutions for specific applications. Success factors include building strong distribution networks, investing in research and development capabilities, and forming strategic partnerships with established players or end-users. Companies must also prepare for potential regulatory changes regarding VOC emissions and environmental protection, which could significantly impact product development and manufacturing processes. The ability to adapt to changing market conditions and maintain operational flexibility will be crucial for long-term success in this evolving market landscape.
Industrial Coatings Market Leaders
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Akzo Nobel NV
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Jotun
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PPG Industries
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The Sherwin-Williams Company
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Axalta Coating Systems
- *Disclaimer: Major Players sorted in no particular order

Industrial Coatings Market News
- August 2022: PPG said it would spend USD 11 million to double the amount of powder coatings it can make at its plant in San Juan del Rio, Mexico.The project to expand should be done by the middle of 2023. This will allow the plant to meet the expected demand for powder coatings in Mexico in the future.
- Sherwin-Williams Co. said in June 2022 that it had finished buying Sika AG's European industrial coatings business. The acquired business will become part of the company's Performance Coatings Group operating segment.
- April 2022: PPG said that it had completed its purchase of Arsonsisi, an industrial coatings company based in Milan, Italy, and its powder coatings business. PPG will receive a highly automated, small- and large-batch capable powder manufacturing plant in Verbania, Italy, as part of the transaction.
Industrial Coatings Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Rising Demand for Protective Coatings
- 4.1.2 Increasing Applications in Oil and Gas Industry
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4.2 Restraints
- 4.2.1 Harmful Environmental Impact Of Solvent-borne Coatings
- 4.2.2 Impact of COVID-19 Outbreak
- 4.3 Industry Value-Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Value)
-
5.1 Resin
- 5.1.1 Epoxy
- 5.1.2 Polyurethane
- 5.1.3 Acrylic
- 5.1.4 Polyester
- 5.1.5 Other Resins
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5.2 Technology
- 5.2.1 Water-borne Coatings
- 5.2.2 Solvent-borne Coatings
- 5.2.3 Other Technologies
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5.3 End-user Industry
- 5.3.1 General Industrial
- 5.3.2 Protective Coatings
- 5.3.2.1 Oil and Gas
- 5.3.2.2 Mining
- 5.3.2.3 Power
- 5.3.2.4 Infrastructure
- 5.3.2.5 Other Protective Coatings
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5.4 Geography
- 5.4.1 Asia-Pacific
- 5.4.1.1 China
- 5.4.1.2 India
- 5.4.1.3 Japan
- 5.4.1.4 South Korea
- 5.4.1.5 Rest of Asia-Pacific
- 5.4.2 North America
- 5.4.2.1 United States
- 5.4.2.2 Canada
- 5.4.2.3 Mexico
- 5.4.3 Europe
- 5.4.3.1 Germany
- 5.4.3.2 United Kingdom
- 5.4.3.3 Italy
- 5.4.3.4 France
- 5.4.3.5 Russia
- 5.4.3.6 Rest of Europe
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle East & Africa
- 5.4.5.1 Saudi Arabia
- 5.4.5.2 South Africa
- 5.4.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share**/Ranking Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 AkzoNobel N.V.
- 6.4.2 Axalta Coating Systems
- 6.4.3 BASF SE
- 6.4.4 Beckers Group
- 6.4.5 Chugoku Marine Paints, Ltd.
- 6.4.6 Hempel A/S
- 6.4.7 Jotun
- 6.4.8 Kansai Paint Co.,Ltd.
- 6.4.9 Nippon Paint ( NIPSEA GROUP)
- 6.4.10 PPG Industries
- 6.4.11 RPM International, Inc.
- 6.4.12 Sika AG
- 6.4.13 The Sherwin-Williams Company
- 6.4.14 Wacker Chemie AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Increasing Demand For High Durable Products
Industrial Coatings Industry Segmentation
Industrial coating is a type of coating that is designed to meet the highest industrial application standards in chemical and corrosion resistance. They are intended to protect fasteners and steel pipes that contain gasses, oils, water, wastewater, and petrochemicals, as well as food processing equipment that requires a nonstick coating. The market is segmented by resin, technology, end-user industry, and geography. By "resin," the market is segmented into epoxy, polyurethane, acrylic, polyester, and other resins. By technology, the market is segmented into water-borne coatings, solvent-borne coatings, and other technologies. By end-user industry, the market is segmented into general industrial and protective coatings. The report also covers the market size and forecasts for the industrial coatings market in 16 countries across major regions. The market sizing and forecasts for each segment have been done based on revenue (USD million).
Resin | Epoxy | ||
Polyurethane | |||
Acrylic | |||
Polyester | |||
Other Resins | |||
Technology | Water-borne Coatings | ||
Solvent-borne Coatings | |||
Other Technologies | |||
End-user Industry | General Industrial | ||
Protective Coatings | Oil and Gas | ||
Mining | |||
Power | |||
Infrastructure | |||
Other Protective Coatings | |||
Geography | Asia-Pacific | China | |
India | |||
Japan | |||
South Korea | |||
Rest of Asia-Pacific | |||
North America | United States | ||
Canada | |||
Mexico | |||
Europe | Germany | ||
United Kingdom | |||
Italy | |||
France | |||
Russia | |||
Rest of Europe | |||
South America | Brazil | ||
Argentina | |||
Rest of South America | |||
Middle East & Africa | Saudi Arabia | ||
South Africa | |||
Rest of Middle East & Africa |
Industrial Coatings Market Research FAQs
What is the current Industrial Coatings Market size?
The Industrial Coatings Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)
Who are the key players in Industrial Coatings Market?
Akzo Nobel NV, Jotun, PPG Industries, The Sherwin-Williams Company and Axalta Coating Systems are the major companies operating in the Industrial Coatings Market.
Which is the fastest growing region in Industrial Coatings Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Industrial Coatings Market?
In 2025, the Asia-Pacific accounts for the largest market share in Industrial Coatings Market.
What years does this Industrial Coatings Market cover?
The report covers the Industrial Coatings Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Industrial Coatings Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Industrial Coatings Market Research
Mordor Intelligence provides a comprehensive analysis of the industrial coatings market. We leverage our extensive expertise in the coating industry and industrial coating industry research. Our detailed report examines the complete ecosystem. It covers everything from industrial coating companies to industrial coatings manufacturers, offering in-depth coverage of general industrial coatings and protective coatings segments. The analysis also encompasses the coating equipment market and evaluates key developments in industrial liquid coatings and industrial maintenance coatings.
Stakeholders benefit from our thorough examination of the industrial coatings market size and industrial coatings market segments. This is supported by detailed industrial coatings market growth projections. The report, available as an easy-to-download PDF, provides valuable insights into general industrial paint manufacturers and their strategic initiatives. Our analysis covers various sectors, including the photovoltaic coating market and polyester coatings market. This offers stakeholders a comprehensive understanding of market dynamics and emerging opportunities in the global industrial coatings landscape.