Industrial Coatings Market Analysis and Forecast to 2031: By Type (Epoxy, Acrylic, Polyester, Others), Application (Protective Coatings, Heavy-Duty Equipment, Coil, Others), End-Use (Energy, Automotive, Healthcare, Chemical, Others), and Region

Industrial coatings are paint-like products that are used to protect industrial equipment and surfaces from corrosion, abrasion, and other forms of damage. They are typically applied in a thick layer that is then cured or dried to create a hard, durable finish. Industrial coatings are available in a variety of formulations to suit the specific needs of the equipment or surface being protected.

Key Trends

Some of the key trends in industrial coatings technology include the development of more environmentally friendly products, the use of nanotechnology to create more durable coatings, and the development of coatings that can be applied in a wide range of temperature conditions.

In terms of environmental friendliness, many industrial coating manufacturers are now offering products that are low in Volatile Organic Compounds (VOCs) and free of hazardous air pollutants (HAPs).

In terms of nanotechnology, the use of nanoparticles to create coatings is becoming more common. Nanoparticles are particles that are smaller than 100 nanometers. They can be made from a variety of materials, including metals, ceramics, and polymers.

Finally, the development of coatings that can be applied in a wide range of temperature conditions is another key trend in industrial coatings technology.

Key Drivers

The industrial coatings market is driven by the need for improved product performance and aesthetics, and the desire to protect surfaces from corrosion and other environmental factors.

The market is also driven by regulatory pressures, as coatings are often used to improve the safety and emissions of products.

Innovation is another key driver of the market, as coatings manufacturers strive to develop new products and applications to meet the ever-changing needs of their customers.

Restraints & Challenges

The key restraints and challenges in the industrial coatings market are:

1. The high cost of raw materials and the need for specialized equipment and trained personnel.

2. The volatile nature of the raw materials market and the resulting price fluctuations.

Market Segments

The industrial coating market is segmented by type, application, end-use, and region. By type, the market is segmented into epoxy, acrylic, polyester, and others. Based on application, it is bifurcated into protective coatings, heavy-duty equipment, coil, and others. On the basis of end-use, it is divided into energy, automotive, healthcare, chemical, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Key Players

The global industrial coating market includes players such as PPG Industries Inc, Nippon paint Holdings co Ltd, RPM International Inc., Weilburger Coatings GmbH, Chemours Company, Sherwin-Williams, Axalta Coating Systems LLC, AkzoNobel N.V., Jotun, BASF SE, and others.

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Industrial Coating Market Outlook
3.1. Industrial Coating Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Industrial Coating Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Industrial Coating Market
4.3. Economic Impact Analysis

Chapter 5. Industrial Coating Market by End-Use
5.1. Market Overview
5.2. Chemical
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Energy
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Automotive
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.5. Healthcare
5.5.1. Market Size and Forecast, 2021-2031 ($Million)
5.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.6. Others
5.6.1. Market Size and Forecast, 2021-2031 ($Million)
5.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 6. Industrial Coating Market by Application
6.1. Market Overview
6.2. Heavy-Duty Equipment
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Coil
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Protective Coatings
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Others
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 7. Industrial Coating Market by Type
7.1. Market Overview
7.2. Epoxy
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Acrylic
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Polyester
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.5. Others
7.5.1. Market Size and Forecast, 2021-2031 ($Million)
7.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 8. Industrial Coating Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.2.3. North America Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.4. North America Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.5. North America Industrial Coating Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.2.6.2. The U.S. Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.6.3. The U.S. Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.2.7. Canada
8.2.7.1. Canada Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.2.7.2. Canada Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.7.3. Canada Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.2.8. Mexico
8.2.8.1. Mexico Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.2.8.2. Mexico Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.8.3. Mexico Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.3. Europe Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.4. Europe Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.5. Europe Industrial Coating Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.6.2. Germany Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.6.3. Germany Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.3.7. France
8.3.7.1. France Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.7.2. France Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.7.3. France Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.3.8. U.K.
8.3.8.1. U.K. Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.8.2. U.K. Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.8.3. U.K. Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.3.9. Spain
8.3.9.1. Spain Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.9.2. Spain Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.9.3. Spain Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.10.2. Italy Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.10.3. Italy Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Industrial Coating Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.4. Asia-Pacific Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.5. Asia-Pacific Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.6.2. China Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.6.3. China Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.4.7. India
8.4.7.1. India Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.7.2. India Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.7.3. India Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.4.8. Japan
8.4.8.1. Japan Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.8.2. Japan Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.8.3. Japan Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.9.2. South Korea Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.9.3. South Korea Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.5.3. Rest of the World Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.4. Rest of the World Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.5. Rest of the World Industrial Coating Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.5.6.2. Latin America Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.6.3. Latin America Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.5.7.2. Middle East Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.7.3. Middle East Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

8.5.8. Africa
8.5.8.1. Africa Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.5.8.2. Africa Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.8.3. Africa Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.9. Rest of LAMEA
8.5.9.1. Rest of LAMEA Industrial Coating Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.5.9.2. Rest of LAMEA Industrial Coating Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.9.3. Rest of LAMEA Industrial Coating Market Size and Forecast by Type, 2021-2031, ($Million)

Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions

Chapter 10. Company Profiles
10.1. PPG Industries Inc
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Nippon paint Holdings co Ltd
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product Offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. RPM International Inc
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product Offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Weilburger Coatings GmbH
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product Offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Chemours Company
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product Offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Sherwin-Williams
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product Offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Axalta coating systems LLC
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product Offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. AkzoNobel N.V.
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product Offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Jotun
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product Offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. BASF SE
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product Offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report

 

Key Players
  • PPG Industries Inc.
  • Nippon Paint Holdings Co. Ltd.
  • RPM International Inc
  • Weilburger Coatings GmbH
  • Chemours Company
  • Sherwin-Williams
  • Axalta coating systems LLC
  • AkzoNobel N.V.
  • Jotun
  • BASF SE
Market Segmentation

By Type

  • Epoxy
  • Acrylic
  • Polyester
  • Others

By Application

  • Heavy-Duty Equipment
  • Coil
  • Protective Coatings
  • Others

By End-Use

  • Chemical
  • Energy
  • Automotive
  • Healthcare
  • Others

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

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