The industrial coating market will grow at a rate of 3.45% for the forecast period of 2021 to 2028. Rise in the demand for environmentally-friendly coatings is a vital factor driving the growth of industrial coating market.
Industrial coatings are the type of products engineered specifically for their protective and functional properties. Industrial coatings are generally used for corrosion control of steel and concrete and are also used in numerous applications.
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The major players covered in the industrial coating market report are PPG Industries, Inc, Nippon Paint Holdings Co., Ltd, Axalta Coating Systems, LLC, The Sherwin-Williams Company, Akzo Nobel N.V, Asian Paints Ltd, Jotun, Beckers Group, RPM International Inc, Kansai Paint Co., Ltd, Hempel A/S, KCC CORPORATION, Sika AG, NOROO Paint & Coatings Co., Ltd and Wacker Chemie AG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Industrial Coating Market Scope and Market Size:
The industrial coating market is segmented on the basis of resin, technology and end-use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the industrial coating market is segmented into acrylic, polyurethane, epoxy, polyester and fluoropolymers.
- On the basis of technology, the industrial coating market is segmented into solvent-based, water-based and powder.
- The industrial coating market is also segmented on the basis of end-use into general industrial, automotive & transportation, marine protective, industrial wood and packaging.
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Industrial Coating Market Country Level Analysis:
The industrial coating market is analysed and market size, volume information is provided by country, resin, technology and end-use as referenced above.
The countries covered in the industrial coating market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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