Press release
Coating Pigments Market Size Expected to Hit US$ 49.3 Billion by 2035, Exhibiting 5.5% CAGR: Fact.MR Analysis
Coating Pigments Market
The Coating pigments market expanded with higher building activity in emerging nations and better demand from the automobile sector, especially EVs, throughout 2024. Stringent environmental laws meant that the trend had been to shift towards green organic pigments from inorganic pigments. Better performance of the pigments due to new technology development will drive the industry in the future, and drivers are emerging markets and sustainability.
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Coating Pigments Industry Analysis by Leading Investment Segments
The industry is divided by composition type into extenders/Fillers, titanium dioxide (TiO2), color pigments, and others (anticorrosive, metallic, pearlscent). By product type is categorized into inorganic and organic. By End-use industry, the industry caters to automotive, protective & marine, refinish, architectural, aerospace, packaging, and general industries. Regionally, the industry is present in North America, Latin America, Europe, South Asia, East Asia, Oceania, the Middle East, and Africa (MEA).
Industry Analysis of Coating Pigments Industry in Leading Countries
US Coating Pigments market is expected to register a growth CAGR of 4.8% during the forecast period 2025 to 2035. Such growth will be driven by strong demand for the pigment from the automotive, aerospace, and architectural end-use sectors. The manufacturing base of the country and incessant tech innovation in automobile technology, especially electric vehicles (EVs), are behind the industry.
The UK Coating Pigments market will grow with a CAGR of 3.5% between 2025 and 2035, led by prominent industries like automotive, architecture, and packaging. Organic pigments and carbon footprint minimizing compliant coatings are being requested due to sustainability and carbon footprint minimization. Infrastructure development in the country, especially after Brexit, will also spur architectural coating demand.
France's Coating Pigments industry will grow at a CAGR of 3.9% during the period between 2025 and 2035, led by increasing demand for green and eco-friendly coatings. The domestic automotive industry, both conventional and electric vehicles, is the major driver of growth, as high-quality coatings are required for corrosion resistance and appearance.
Germany's Coating Pigments industry will grow at a 4.3% CAGR during 2025 to 2035 due to Germany's leading automotive industry and emphasis on industrial production. The leading global vehicle manufacturer, the high-performance coatings market, especially in vehicle and electric vehicle manufacturing, remains a growth driver.
Key Strategies
In the fast-evolving worldwide coatings industry, actors are going after strategic strategies that are based on prevailing industry circumstances, competitive pressures, regulatory pressures, and technological change. Strategies of manufacturers', investors', regulators', and other influential actors play a pivotal role in driving industry complexities and capturing growth opportunities.
Manufacturers, being the prime stakeholders in the coatings industry, are concentrating on two vital strategies: product innovation and geographic extension. As competition is getting hot, manufacturers are pumping huge amounts of money into research and development for creating sophisticated coatings solutions that respond to the increasing demand for environmentally friendly, high-performing products. Environmental regulations are propelling low-emission, environmentally friendly coatings as a prime focus area.
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Key Players
PPG Industries Inc
AkzoNobel NV
The Sherwin-Williams Company
BASF SE
DowDuPont Inc
RPM International Inc.
Valspar Corporation
Hempel A/S
Nippon Paint Holdings Co., Ltd.
Kansai Paint Co., Ltd.
Asian Paints Limited
Bayer AG
Jotun Group
Axalta Coating Systems
Sika AG
Sherwin-Williams Performance Coatings
Others
Coating Pigments Industry Segmentation
By Composition Type :
Extenders/Fillers
Titanium Dioxide (TiO2)
Color Pigments
Others (anticorrosive, metallic, pearlscent)
By Product Type :
Inorganic
Organic
By End-Use Industry :
Automotive
Protective & Marine
Refinish
Architectural
Aerospace
Packaging
General Industries
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East and Africa (MEA)
Check out More Related Studies Published by Fact.MR:
Thermochromic Materials Market
https://www.factmr.com/report/thermochromic-materials-market
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https://www.factmr.com/report/keratin-market
Metallic Pigments Market
https://www.factmr.com/report/metallic-pigments-market
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https://www.factmr.com/report/phospholipids-market
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