The Global Industrial Coating Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating estimated revenue of US$ 108 Billion over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 4.95% during the forecast period that is 2019-2025. Industrial coatings are the covering that is applied on the materials to provide properties such as water, heat and corrosion resistance and to increase conductivity and durability. According to the research and analysis, it is observed that Asia Pacific region will see high growth in fore coming period due to increasing demand from vendors. Increasing demand of packaged food from consumers will moderately affect the growth of market in Asia Pacific region.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global industrial coating market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global industrial coating market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to four main geographies, namely, North America, Europe, APAC, and RoW. 

Segment Analysis

By Resin Type Insights: On the basis of resin type used to manufacture the coating material, global industrial coatings market has been segmented into acrylic, epoxy, polyurethane, alkyd, polyester. Among which acrylic is the highly used segment in the market of global industrial coatings owing to its properties such as water, heat and corrosion resistance and to increase conductivity and good adhesion and resistance to chemicals such as acids and gases. Apart from acrylic, polyester coatings are acquiring high market in the market.

By Technology Insights: On the basis of technology, global industrial coatings market has been segmented into water, high solids, powder, solvent, UV.  Among which solvent, water and UV based coating are expected to witness a high growth in upcoming period. Water based coatings are used in various end user industries such as food and beverages, transportation and marine industry due to its properties such as resistive to heat, rubbing, corrosion and erosion.

Regional Analysis

The global industrial coating market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2017 The Asia Pacific region Held The largest Market share in terms of consumption in highest and is projected to be fastest growing region during the forecast period in term of revenue. The industrial coating market size in U.S is expected to rise over the forecast period, due to escalation in growth of aerospace, transportation and food and beverage industries in the region. The European market is to forecast growth at striking rate in the future due key manufacturers present in the region and due to increasing demand of automation to reduce the loss caused in the manufacturing process. Middle East and Africa held the measurable growth in the global market in 2018 and will expand at the significant CAGR during the forecast years.    

Global Industrial Coating Market Size, Share Analysis By Region 2017

Global Industrial Coating Market Study Objective

1. To forecast the market size of industrial coating market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of industrial coating market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of coating market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of industrial coating market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the industrial coating market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

The Chemours Company, WEILBURGER Coatings GmbH, Teknos Group, and Kansai Paint Co., Ltd., Jotun A/S, Nippon Paint Holdings Co., Ltd., Hempel A/S, NOROO Paint & Coatings Co Ltd, Axalta Coating Systems and Tikkurila Oyj are some of the key players in the market of industrial coatings.

Global Industrial Coating Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position