Australia Industrial Coating Market Report and Forecast 2025-2034

Australia Industrial Coating Market Outlook

The Australia industrial coating market size is projected to grow at a CAGR of 3.6% between 2025 and 2034.

Key Takeaways

• As per industry reports, industrial coatings are used in various industries to protect surfaces, enhance durability, and provide aesthetic appeal, with benefits like corrosion resistance, chemical resistance, thermal insulation, and UV protection.

• In 2021, Australia produced approximately 461,000 barrels per day (b/d) of crude oil, condensate, and liquefied petroleum gas (LPG).

• Over 80% of Australia’s crude oil, condensate, and LPG production is exported to global markets, which creates a demand for industrial coatings in this industry.

• Major players in the market include Axalta Coating Systems, LLC, BASF SE, Jotun A/S, PPG Industries, Inc., Wagon Paints Australia Pty Ltd., and AkzoNobel N.V.

According to industry reports, the demand for water-borne coatings in Australia is projected to grow at a high CAGR as companies like DuluxGroup are investing in eco-friendly coatings, with their 'EnvirO2' water-based industrial coatings line gaining popularity for its low VOC content and sustainable formulation.

The automotive sector in Australia is witnessing a surge in demand for high-performance coatings to protect vehicles from harsh environmental conditions. PPG Industries, a leading coatings manufacturer, introduced their 'Aquatex' series of corrosion-resistant coatings that enhance durability and longevity, tailored for automotive applications.

With the construction industry booming in Australia, the demand for protective coatings for infrastructure projects is on the rise. AkzoNobel, a key player in the industrial coatings market, reported a 10% increase in sales of their 'Interpon' powder coatings for construction applications. This trend is driving Australia industrial coating market growth by creating opportunities for coating manufacturers to supply high-quality products for diverse projects.

Water-borne coatings are also gaining prominence in the marine industry in Australia, with companies like Hempel introducing their 'Hempadur Avantguard' series of water-based coatings for marine applications as these coatings offer superior corrosion protection and environmental benefits.

Powder-based coatings are another segment in the Australia industrial coating market, offering benefits like abrasion resistance, fire resistance, and UV protection. Companies such as AkzoNobel and Jotun are prominent players in this segment, offering durable and versatile coating solutions for automotive and aerospace industries.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Market Segmentation

Australia Industrial Coating Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Acrylic

• Polyurethane

• Epoxy

• Polyester

• Others

Market Breakup by Technology

• Solvent Borne

• Water Borne

• Powder Based

• Others

Market Breakup by End Use

• General Industrial

• Automotive 

• Electronics

• Aerospace

• Oil and Gas

• Power Generation

• Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

Competitive Landscape

Market players are focused on expanding product portfolios to include a wide range of environmentally friendly coatings like waterborne coatings which offer low VOC emissions.

• Axalta Coating Systems, LLC  

• BASF SE 

• Jotun A/S 

• PPG Industries, Inc.  

• Wagon Paints Australia Pty Ltd.  

• AkzoNobel N.V. 

• Sherwin-Williams Company 

• Wacker Chemie AG  

• Hempel A/S 

• DuluxGroup Limited 

• Others

Key Highlights of the Report