Global Protective Coating Market, By Resin Type (Acrylic, Epoxy, Polyurethane, Alkyd, Polyesters, Ot

Published Date: | Report Code : CH1933033

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The Protective Coating Market is expected to promise high growth owing to the rising demand for high operational efficiency in key application verticals in recent years. Increasing demand from end-Use Industries oil & gas, building & construction, automotive, marine, industrial, aerospace, others are expected to drive the growth of the market.

A protective coating is a layer of material applied to the surface of another material to avoid corrosion. It may be metallic or non-metallic. Besides corrosion prevention, protective coatings are applied using a variety of methods and can be used for many other purposes.

Segment Insights

Water-borne coatings depend on emulsifying the fastener, colors, and added substances with water. Solvent-borne coatings are made up of liquefying materials that are meant to evaporate through a chemical reaction with oxygen.

Growth of the protective coatings market is influenced by factors such as increasing demand for better and improved infrastructure for developed economies, new infrastructure for developing economies, a rising amount of investments in order to improve the infrastructure. Increasing awareness and demand regarding cost-efficient and eco-friendly solutions are a few more factors responsible for fueling the growth of the market.

Key Factors Impacting Market Growth:

  • Rising demand for high operational efficiency in key application verticals 
  • Developing application in paper and mash industry due to the nearness of destructive and acidic climate in the plant
  • Extension in erosion counteractive action of the vehicle body and other metal segments 

Regional Analysis

On the basis of the region, the protective coating 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 the protective coating market during the forecast period. This demand is with regard to the growth of major end-use industries such as oil & gas, building & construction, automotive, marine, industrial, aerospace, 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 protective coating 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 protective coating market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Market Segmentation:

By Resin Type:

  • Acrylic
  • Epoxy
  • Polyurethane
  • Alkyd
  • Polyesters
  • Others

By Formulation:

  • Powder-Borne
  • Water-Borne
  • Solvent-Borne
  • Others 

By End User:

  • Oil & Gas
  • Building & Construction
  • Automotive
  • Marine
  • Industrial
  • Aerospace
  • Others

By Region:

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

Companies Covered: Akzo Nobel, KANSAI PAINT, Covestro, The Sherwin-Williams, Nippon Paint Holdings, and PPG Industries…

 Reasons To Buy This Report:

  • Market size estimation of the protective coating market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of 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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We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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