Global Industrial Coatings Market, by Resin Type (Alkyd, Acrylic, Polyurethane, Epoxy, Polyester), b

Published Date: | Report Code : CH192105


The Industrial Coatings Market is expected to promise high growth owing to the increasing demand for bio-based coatings in recent years. Increasing demand from End-Use Industries including automotive, aerospace & defense, industrial & machinery, and others are expected to drive the growth of the market.

Industrial coatings are generally applied on the substrate in various applications largely for protection against external operating conditions. Some of these properties include corrosion resistance, waterproofing, and so on. The industrial coatings market has been an emerging market with the development of a number of resins in the last century. Some of these resins include alkyd, acrylic, polyurethane, epoxy, polyester, and others. Acrylic resins dominate the market among these resins with wide application base across industries. 

Segment Insights

Major technologies among these coatings include water-based coatings, solvent based coatings, radiation cured coatings, and powder coatings. Solvent-based coatings among these technologies are widely by end-use industries. Automotive, aerospace & defense, industrial & machinery, and other modes are some of the key end-use industries for industrial coatings.

Some of the key Impact Factors:

  • Increasing demand for bio-based coatings
  • Industrial growth in developing regions

Regional Analysis

On the basis of the region, the industrial coatings market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in Industrial coatings market during the forecast period. This demand is with regard to the growth of major end-use industries/Applications such as automotive, aerospace & defense, industrial & machinery, and others. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the industrial coatings market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the industrial coatings market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: PPG Industries Inc, The Sherwin-Williams Company, Axalta Coating Systems, Kansai Paints Co., Ltd., BASF Coatings GmbH

Market Segmentation:

By Resin Type:

  • Alkyd
  • Acrylic
  • Polyurethane
  • Epoxy
  • Polyester

By Technology:

  • Water-Based Coatings
  • Solvent Based Coatings
  • Radiation Cured Coatings
  • Powder Coatings

By End-use Industry:

  • Automotive
  • Aerospace & Defence
  • Industrial & Machinery
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Resin Type
    • By Technology
    • By End-Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Resin Type
    • By Technology
    • By End-Use Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Resin Type
    • By Technology
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Resin Type
    • By Technology
    • By End-Use Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Resin Type
    • By Technology
    • By End-Use Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Resin Type
    • By Technology
    • By End-Use Industry

Reasons to buy this report:

  • Market size estimation of industrial coatings on a regional and global basis
  • The unique research design for market size estimation and forecasts
  • Profiling of the major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market


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