Industrial Coating Market is expected to reach USD 121.84 billion by 2030 : Cognitive Market Research

Market Overview:
- Industrial coatings are a covering of specially formulated coatings that are designed for use in a variety of industrial applications. These coatings are used to provide a protective layer on various types of surfaces, including metal, concrete, wood, and plastic. The main purpose of industrial coatings is to protect the surface from corrosion, abrasion, chemical exposure, and other forms of wear and tear that can lead to damage and deterioration.

Summary:
• The Global Industrial Coating Market is projected to grow at a CAGR of 3.6% during the forecast period of 2023-2030.
• The growing product demand from the construction industry, aerospace, electronics, and automotive industries is the major driving factor for the growth of the Industrial Coating market.
• Asia Pacific accounted for the largest market share in the Global Industrial Coating Market.

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Market Dynamics:
- The growth of the Industrial Coatings Market is attributed to the growing construction industry, aerospace, electronics, and automotive industry. Moreover, the demand for protective and corrosion coatings is increasing worldwide accelerating the Global Industrial Coating Market.

Market Segmentation:
Resin
• Acrylic
• Alkyd
• Polyurethane
• Epoxy
• Polyester
• Others

Technology
• Solvent-borne
• Water-borne
• Powder-based
• Others

End-Use Industry
• General Industrial
• Marine
• Automotive & Vehicle Refinish
• Electronics
• Aerospace
• Oil & Gas
• Mining
• Power Generation
• Others

The Major Players in Industrial Coating Market are:
Akzonobel, PPG, Sherwin Williams, Axalta Coating, Jotun, Nippon Paint, Kansai Paints, RPM International, Valspar, Tikkurila, Hempel, BASF

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News:
- PPG acquired Arsonsisi's Powder Coatings Manufacturing Business
In April 2022, PPG has completed its acquisition of the powder coatings manufacturing business of Arsonsisi to enhance the metallic bonding capabilities in the Europe, Middle East, and Africa (EMEA) region.

Regional Analysis:
- Asia Pacific is a leading region of the Industrial Coating market.
Asia Pacific accounted for the major market share of the Industrial Coating market in the year 2022 owing to growing end-use industries as well as low labour costs, and the availability of low raw material prices contributing to the growth of the Industrial Coating Market. Moreover, in countries like China and India construction sector is growing rapidly with rapid infrastructure development in this region contributing to the growth of the market.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Industrial Coatings Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Industrial Coatings Market Segmentation
1.5.1 Industrial Coatings Market Regional Fragmentation
1.5.1 Industrial Coatings Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Industrial Coatings Market
Chapter 4 Global Industrial Coatings Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Industrial Coatings Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Industrial Coatings Industry Mergers and Acquisition Analysis
• 5.2 Global Industrial Coatings New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Industrial Coatings Market by Technology Segmentation Analysis (2018-2030)
Chapter 9 Global Industrial Coatings Market by End Use Segmentation Analysis (2018-2030)
Chapter 10 Global Industrial Coatings Market by Resin Segmentation Analysis (2018-2030)
Chapter 11 Global Industrial Coatings Market Regional Analysis
Chapter 12 North America Industrial Coatings Market Outlook (2018 - 2030)
Chapter 13 Europe Industrial Coatings Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Industrial Coatings Market Outlook (2018 - 2030)
Chapter 15 Latin America Industrial Coatings Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Industrial Coatings Market Outlook (2018 - 2030)
Chapter 17 Research Findings

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
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