Home > Chemicals & Materials > Paints and Coatings > Specialty Coatings > Industrial Coatings Market

Industrial Coatings Market Share

Report ID: GMI6390
Published Date: Aug 2023
Report Format: PDF

Download Free Sample

Industrial Coatings Market Share

Some of the players operating in the Industrial coatings market are:

PPG Industries
Azko Nobel
Axalta costing system
Sherwin-Williams
Nippon Paint Holdings
Valspar Corporation
Jotun
RPM International Inc
BASF Se
Asian Paints Limited
Kansai Paint Co Ltd
Axel
Hempel
MOROO Holding
Beckers Group

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industrial coatings industry recorded USD 105.2 billion in 2023 and is estimated to reach USD 130.8 billion by 2032, due to increasing number of infrastructure projects and rising demand for protective coatings in machinery, equipment, and structures worldwide.

Demand for epoxy industrial coatings reached USD 35 billion in 2022 and will gain significant revenue share through 2032, owing to widespread popularity in heavy industries, such as aerospace, marine, and oil and gas.

The primers application segment recorded 40% of the industrial coatings market share in 2022 and is expected to witness significant growth by 2032 driven by the increasing demand for anti-corrosion properties in marine, automotive, and infrastructure sectors.

U.S. industrial coatings industry size was USD 20 billion in 2022 and will see significant growth through 2032, owing to the rising need to enhance aesthetics, provide corrosion resistance, and meet automotive OEM specifications in the region.