Industrial Coatings Market Global Report, Application & Research 2025

The global industrial coating market is expected to rise at a rampant pace in the coming years as it spills in utility across a wide array of industries. The automotive industry has established itself as an omnipresent domain cascading across various geographical as well as end-user domains. This has in turn expanded the market for industrial coatings providing bright opportunities for market players. Although a few large players loom across the market with great reckon and renown, there is scope for other operational players as well. The market has also been assisted by the propulsion of Do-It-yourself (DIY) endeavors that frequently require the use of paints and coatings. A range of products such as fluoropolymer topcoats, Nano-coatings, and UV-curable coatings have surfaced in the market that aids the progress of the entire industry.

Read Report Overview @
https://www.transparencymarketresearch.com/industrial-coatings-market.html

Transparency Market Research presents various findings from its research including a projected CAGR of 5.8% for the market for industrial coatings over the period of 2017 to 2022. The market is expected to elevate to a value of 41,682.8 mn by 2022 as compared to the value of US$31,478.5 mn in 2017. This is a brilliantly commanding trajectory of growth which points to the lucrativeness of the market.
The researchers at Transparency Market Research (TMR) have employed ardent strategies to ensure that the projections and estimations resonate with the real-time working of the industry. This blog sheds light on the various elements of vitality that could help gauge the potential of the market and provide a dipstick to measure the opportunities that stand out.

How are the Emerging Economies Acting as the Consolidators of the Global Market?

The emerging economies are undergoing rampant infrastructural advancements which is expected fine-tune the market for industrial coatings. The urbanization spree that has gripped the emerging economies calls for building savvy structures, inducing resistant coating in the metallic industry, and synthesizing non-corrosive plastics. This gives a push to the market and ensures that the industrial coatings market gets its share of traction from the rise in other industrial longitudes. The iron and steel industry is also a substantial contributor to the growth of the market because the industrial coatings are used to make concrete materials non-penetrable to fire hazards. The automotive industry is not untouched by the applicability of industrial coatings, and the growth of automotive functionalities in China and India is an ardent contributor to the bolstering of the market in these emerging economies. A nascent form of coatings that reduce the time of production of body shop products is also pushing the market forward.

What are the Obstructive Discrepancies in Procuring Raw Materials?

Solvent-based coatings are not easily available to the manufacturers and there is a fabric of strict laws that regulate the buying and selling of these coatings. This hinders the growth of the market because the buyers do not want to get into legal trouble for buying these products and are often reluctant to follow a chain of processes to procure them. Moreover, the prices of raw materials for industrial coatings undergo immense entropy and are prone to fluctuations, thus, posing threats to market growth. The inability to obtain thin films during powder coatings also disrupts the flow of sales in the market, placing a negative toll on the overall market growth.

Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19742

The contemporary market players for industrial coatings include PPG Industries, Inc., Axalta Coating Systems, LLC, NOROO Paint & Coatings Co., Ltd., Weilburger Coatings GmbH, Jotun A/S, BASF, The Chemours Company, The Valspar Corporation, Nippon Paint Holdings Co., Whitford Corporation.Milliken & Company, Roto Polymers And Chemicals, RPM International Inc., AkzoNobel N.V., Kansai Paint Co., Ltd, and The Sherwin-Williams Company.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.