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The global industrial coatings market is expected to grow at a CAGR of 3.30% between 2024 and 2032. The major drivers aiding the growth of the market include increasing infrastructure development activities, rapid industrialisation, and expansion of automotive manufacturing.
An industrial coating refers to the layer of substance applied on a surface to provide it with prevention against corrosion, protection from chemicals, resistance from abrasion, and non-stickiness, in industrial applications. Industrial coatings are applied on the equipment either with the help of a brush and spray or by dipping the components directly into the coating.
Industrial Coatings Market Size
Industrial Coatings Market Analysis
Industrial Coatings Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is expected to grow at a CAGR of 3.0% between 2024 and 2032.
The market drivers include increasing infrastructural development activities, rapid industrialisation, and growth of automotive manufacturing.
The key trends of the market are rise in disposable incomes, increasing demand from the oil and gas sector, rising usage in marine applications, and technological advancements.
The various resins in the market for industrial coatings are polyurethane, epoxy, acrylic, and polyester, among others.
The primary technologies for industrial coatings are water-borne coatings, solvent-borne coatings, and powder based, among others.
The significant end uses of industrial coatings in the market are oil and gas, mining, power, infrastructure, marine, and automotive, among other users.
The major regions of the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the global industrial coatings market are Akzo Nobel NV, Jotun A/S, PPG Industries, Inc., The Sherwin-Williams Company, and Axalta Coating Systems, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124