Industrial Coatings Market

Industrial Coatings Market by Type (Acrylic, Alkyd, Polyester, Polyurethane, Epoxy, Fluoropolymer), Technology (Solventborne Coatings, Waterborne Coatings, Powder Coatings), End-Use Industry (General Industrial), & Region - Global Forecast to 2028

Report Code: CH 1208 Jan, 2024, by marketsandmarkets.com

The industrial coatings market is projected to grow from USD 108.1 billion in 2022 to USD 129.2 billion by 2028, at a CAGR of 3.3% between 2023 and 2028. Environmental regulations boost the demand for VOC-free coatings and are a major factor behind the market's growth.

Attractive Opportunities in the Industrial Coatings Market

Industrial Coatings Market

Source: Expert Interviews, Secondary Sources, and MarketsandMarkets Analysis

To know about the assumptions considered for the study, Request for Free Sample Report

Industrial Coatings Market

Source: Expert Interviews, Secondary Sources, and MarketsandMarkets Analysis

Industrial Coatings Market Dynamics

Drivers: Environmental regulations boost demand for VOC-free coatings

One of the most significant developments in the coatings business over the past ten years has been the growing desire for environmentally friendly features. This trend has been mostly driven by strict EU laws pertaining to the reduction of volatile organic compound (VOC) emissions in the coating life cycle. Due to this, consumers are now more interested in eco-friendly products like powder and aqueous coatings rather than solventborne coatings.

The Eco-product Certification Scheme (ECS) is one example of a new regulation that is set by the European Commission and other federal government organisations. These rules guarantee a sustainable and green environment with negligible or no emissions of hazardous volatile organic compounds. The US and Western European governments' restrictions, particularly those pertaining to air pollution, are anticipated to keep pushing the development of new low-polluting coating technologies.

Restraints: Difficulty in obtaining thin films in powder coatings

Powder coatings present exceptional flow characteristics, reduced accumulation at edges, and uniform distribution of materials within powder mixtures. Their applications span decorative, protective, and optical coatings. However, when applied conventionally, powder coatings tend to produce thicker finishes on metal products, posing challenges in achieving thinner coatings due to potential polymer thickening leading to uneven textures. Achieving successful thin-film application relies on the relationship between color and pigmentation opacity in powder coatings.

To facilitate thinner coatings, polyurethane resin stands out due to its flow properties and cost-effectiveness. Yet, achieving optimal substrate smoothness and wetting remains a hurdle in thin-film powder coating applications. Replicating thin films akin to those achieved by wet paint systems presents a notable challenge

Opportunities: Continuous demand for extended product lifetime and reduced maintenance

Industrial coatings are crafted from materials boasting a spectrum of physical, chemical, mechanical, and electrical attributes. These materials have the ability to react to external environmental elements encompassing light, pressure, heat, and chemical fluctuations. By minimizing equipment downtime, cutting maintenance expenses, and streamlining inspection processes, industrial coatings notably enhance product efficiency. Furthermore, they diminish the need for maintaining areas prone to corrosion, thereby elongating the lifespan of components and assemblies constructed from corrosive materials.

In industry, anti-corrosion coatings serve a dual purpose: identifying the causes of corrosion and preventing its occurrence. This is achieved through the activation of self-healing capabilities triggered by pH changes and the utilization of microcapsules within smart coatings. These self-repairing coatings play pivotal roles in automotive and aerospace sectors by rectifying scratches and identifying engine damage. Additionally, they find application in the electrical and electronics industry, providing protection against scratches, bolstering resistance to chemical effects, and repelling dirt..

Challenges: Stringent regulatory policies

As government regulations concerning industrial coatings become more stringent, producers must enhance their processes to align with these new standards. Failure to comply with these legal requirements prohibits product entry into countries, notably in regions like Western Europe and North America, where environmental regulations are particularly strict.

Moreover, the industrial coatings market grapples with numerous challenges, notably in meeting local and state regulations concerning wastewater discharge. Powder coating operations generate significant amounts of metals, oil, grease, and suspended solids during cleaning and pretreatment phases in their wastewater streams. Adhering to various state and local environmental regulations proves challenging for powder coating manufacturers due to these wastewater streams. Similarly, metal finishing companies employing diverse electroplating methods struggle with regulatory adherence due to heavy metal contamination issues.

Industrial Coatings Market Ecosystem.

Industrial Coatings Market Ecosystem

Epoxy by resin type accounted for the largest growing segment of industrial coatings coating market

Epoxy resin-based coatings are employed in situations demanding superior resistance to corrosion, impressive chemical and mechanical characteristics, outstanding adhesion, and the capacity to meet rigorous specifications. These coatings are commonly applied in industrial equipment, automotive interiors, metal furniture, and appliances. The rising utilization of epoxy resin-based industrial coatings as primers in automotive and marine paints, along with their use for corrosion protection in metal cans and containers, is projected to drive this segment's growth.

Asia Pacific is the largest growing industrial coating market.

The Asia Pacific is the largest industrial coating market, in terms of value and volume, and is projected to be the fastest-growing market during the forecast period. The rising spending power of customers is causing a surge in demand for luxury cars throughout Asia Pacific. The demand for powder and waterborne coatings is also being driven by significant investment in the region's automotive industry. Large investments in a variety of industries, including furniture, building & construction, consumer goods & appliances, automotive, and maritime, are primarily responsible for Asia Pacific's robust growth. Manufacturers are also relocating to the area in order to better serve the local emerging market and take advantage of the low cost of manufacturing.

Industrial Coatings Market by Region

To know about the assumptions considered for the study, download the pdf brochure

Key Market Players

Akzo Nobel N.V. (Netherlands), Axalta Coatings Systems LLC. (US), Jotun A/S (Norway), PPG Industries Inc. (US), The Sherwin-Williams Company (US) are the key players in the global industrial coatings market.

Akzo Nobel N.V. is a diversified chemical company, which operates through two business segments: decorative paints and performance coatings. Industrial coatings are offered under the performance coatings segment. The performance coatings segment has a portfolio that includes industrial coatings for ships, cars, aircraft, yachts, and architectural components (structural steel, building products, flooring); consumer goods (mobile devices, appliances, beverage cans, furniture); and oil & gas facilities. Coral, Dulux, Flexa, Hammerite, Sadolin, Sikkens, Awlgrip, International, Interpon, Dissolvine, Eka, Expancel, Jozo, Levasil, and Kromasil are among the various brands of the company. Industrial coatings are offered under its Interpon and Resicoat brands. The company has a wide global presence. It has a strong customer base and operates in countries of Europe, the Middle East & Africa, Latin America, and Asia.

Read More: Industrial Coatings Companies

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metric

Details

Years Considered for the study

2018-2028

Base year

2022

Forecast period

2023–2028

Units considered

Value (USD)

Segments

By Resin Type
By Technology
By End-use Industry
By Region

Regions covered

Asia Pacific, Europe, North America, South America, Middle East & Africa

Companies profiled

Akzo Nobel N.V. (Netherlands), Axalta Coatings Systems LLC. (US), Jotun A/S (Norway), PPG Industries Inc. (US), The Sherwin-Williams Company (US). A total of 25 players have been covered.

This research report categorizes the industrial coating market based on Resin Type, Technology, End-use Industry, and Region.

By Type:
  • Acrylic
  • Alkyd
  • Polyester
  • Polyurethane
  • Epoxy
  • Fluoropolymer
  • Others
By Technology:
  • Solventborne Coatings
  • Waterborne Coatings
  • Powder Coatings
  • Others
By End-use Industry:
  • General Industrial
  • Protective
  • Automotive OEM
  • Industrial wood
  • Automotive Refinish
  • Coil
  • Packaging
  • Marine
  • Aerospace
  • Rail
By Region:
  • Asia Pacific
  • Europe
  • North America
  • South America
  • Middle East & Africa

Recent Developments

  • In March 2022, AkzoNobel launches the Interpon ACE powder coating range to meet the high demands in the Agricultural and Construction Equipment (ACE) sector. AkzoNobel launches Interpon ACE powder coating range to meet the high demand in the Agricultural and Construction Equipment (ACE) sector.
  • In December 2022, AkzoNobel completed the acquisition of the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH, a deal which strengthens the company’s performance coatings portfolio.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 46)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSION AND EXCLUSION
           1.2.2 DEFINITION AND INCLUSIONS, BY RESIN TYPE
           1.2.3 DEFINITION AND INCLUSIONS, BY TECHNOLOGY
           1.2.4 DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY
    1.3 MARKET SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY 
    1.5 UNITS CONSIDERED 
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
    1.8 IMPACT OF RECESSION 
 
2 RESEARCH METHODOLOGY (Page No. - 52)
    2.1 RESEARCH DATA 
          FIGURE 1 INDUSTRIAL COATINGS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of interviews with experts
                    2.1.2.3 Primary data sources
                    2.1.2.4 Key industry insights
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 2 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
                    FIGURE 4 INDUSTRIAL COATINGS MARKET SIZE ESTIMATION, BY VALUE AND VOLUME
                    FIGURE 5 INDUSTRIAL COATINGS MARKET SIZE ESTIMATION, BY REGION
                    FIGURE 6 INDUSTRIAL COATINGS MARKET, BY RESIN TYPE
    2.3 MARKET GROWTH FORECAST APPROACH 
           2.3.1 SUPPLY-SIDE FORECAST
                    FIGURE 7 INDUSTRIAL COATINGS MARKET: SUPPLY-SIDE FORECAST
                    FIGURE 8 METHODOLOGY FOR CALCULATION OF SUPPLY-SIDE SIZE OF INDUSTRIAL COATINGS MARKET
    2.4 FACTOR ANALYSIS 
          FIGURE 9 FACTOR ANALYSIS OF INDUSTRIAL COATINGS MARKET
    2.5 DATA TRIANGULATION 
          FIGURE 10 DATA TRIANGULATION
    2.6 ASSUMPTIONS 
    2.7 LIMITATIONS 
    2.8 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 
    2.9 RISK ASSESSMENT 
          TABLE 1 INDUSTRIAL COATINGS: RISK ASSESSMENT
    2.10 RECESSION IMPACT 
 
3 EXECUTIVE SUMMARY (Page No. - 64)
    TABLE 2 INDUSTRIAL COATINGS MARKET SNAPSHOT, 2023 VS. 2028
    FIGURE 11 EPOXY TO BE FASTEST-GROWING RESIN TYPE IN INDUSTRIAL COATINGS MARKET
    FIGURE 12 SOLVENTBORNE TECHNOLOGY TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL COATINGS MARKET
    FIGURE 13 GENERAL INDUSTRIAL SEGMENT TO ACCOUNT FOR MAJOR SHARE OF INDUSTRIAL COATINGS MARKET
    FIGURE 14 ASIA PACIFIC TO BE FASTEST-GROWING REGION MARKET FOR INDUSTRIAL COATINGS
 
4 PREMIUM INSIGHTS (Page No. - 69)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL COATINGS MARKET 
          FIGURE 15 GROWTH OF GENERAL INDUSTRIAL SECTOR TO DRIVE MARKET DURING FORECAST PERIOD IN ASIA PACIFIC
    4.2 INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY 
          FIGURE 16 SOLVENTBORNE TO BE LARGEST TECHNOLOGY SEGMENT DURING FORECAST PERIOD
    4.3 INDUSTRIAL COATINGS MARKET: DEVELOPED VS. EMERGING COUNTRIES 
          FIGURE 17 DEVELOPING COUNTRIES TO WITNESS HIGHER GROWTH DURING FORECAST PERIOD
    4.4 ASIA PACIFIC INDUSTRIAL COATINGS MARKET: BY END-USE INDUSTRY AND COUNTRY, 2023 
          FIGURE 18 CHINA ACCOUNTED FOR LARGEST MARKET SHARE IN ASIA PACIFIC
    4.5 INDUSTRIAL COATINGS MARKET: MAJOR COUNTRIES 
          FIGURE 19 INDIA TO REGISTER HIGHEST CAGR IN INDUSTRIAL COATINGS MARKET
 
5 MARKET OVERVIEW (Page No. - 72)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 20 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN INDUSTRIAL COATINGS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Stringent environmental regulations boosting demand for VOC-free coatings
                    5.2.1.2 Increasing demand from automotive industry
                    5.2.1.3 Advancements in performance of industrial coatings
                    5.2.1.4 Growth in demand from Asia Pacific
                    5.2.1.5 High demand for extended product lifetime and reduced maintenance
           5.2.2 RESTRAINTS
                    5.2.2.1 Difficulty in obtaining thin films with powder coatings
                    5.2.2.2 Longer drying time of waterborne coatings
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing demand for powder coatings in shipbuilding and pipeline sectors
                    5.2.3.2 Increasing use of nano-coatings
           5.2.4 CHALLENGES
                    5.2.4.1 Stringent regulatory policies
    5.3 PORTER'S FIVE FORCES ANALYSIS 
          FIGURE 21 PORTER'S FIVE FORCES ANALYSIS: INDUSTRIAL COATINGS MARKET
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF BUYERS
           5.3.4 BARGAINING POWER OF SUPPLIERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 MACROECONOMIC INDICATORS 
           5.4.1 INTRODUCTION
           5.4.2 GDP TRENDS AND FORECAST
                    TABLE 3 TRENDS AND FORECAST OF GDP, PERCENTAGE CHANGE, 2020–2028
           5.4.3 TRENDS AND FORECAST OF GLOBAL CONSTRUCTION INDUSTRY
                    FIGURE 22 GLOBAL SPENDING IN CONSTRUCTION INDUSTRY, 2014–2035
           5.4.4 TRENDS IN AUTOMOTIVE INDUSTRY
                    TABLE 4 AUTOMOTIVE INDUSTRY PRODUCTION (2021–2022)
 
6 INDUSTRY TRENDS (Page No. - 83)
    6.1 SUPPLY CHAIN ANALYSIS 
          FIGURE 23 INDUSTRIAL COATINGS MARKET: SUPPLY CHAIN ANALYSIS
    6.2 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 
          FIGURE 24 TRENDS IN END-USE INDUSTRIES IMPACTING BUSINESS OF INDUSTRIAL COATING MANUFACTURERS
    6.3 ECOSYSTEM 
          TABLE 5 INDUSTRIAL COATINGS MARKET: ROLE IN ECOSYSTEM
          FIGURE 25 INDUSTRIAL COATINGS MARKET: ECOSYSTEM
    6.4 CASE STUDY ANALYSIS 
    6.5 TECHNOLOGY ANALYSIS 
    6.6 KEY STAKEHOLDERS AND BUYING CRITERIA 
           6.6.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
                    TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TWO MAJOR END-USE SEGMENTS
           6.6.2 BUYING CRITERIA
                    FIGURE 27 KEY BUYING CRITERIA FOR INDUSTRIAL COATINGS
                    TABLE 7 KEY BUYING CRITERIA FOR INDUSTRIAL COATINGS
    6.7 PRICING ANALYSIS 
           6.7.1 INDUSTRIAL COATINGS MARKET: AVERAGE SELLING PRICE TREND, BY REGION
                    FIGURE 28 AVERAGE SELLING PRICES OF INDUSTRIAL COATINGS, BY REGION
                    TABLE 8 AVERAGE SELLING PRICES OF INDUSTRIAL COATINGS, BY REGION,  2018-2022 (USD/KG)
           6.7.2 AVERAGE SELLING PRICE TREND, BY RESIN TYPE
                    FIGURE 29 AVERAGE SELLING PRICE TREND, BY RESIN TYPE
                    TABLE 9 AVERAGE SELLING PRICES OF INDUSTRIAL COATINGS, BY RESIN TYPE,  2018-2022 (USD/KG)
           6.7.3 AVERAGE SELLING PRICE TREND, BY TECHNOLOGY
                    FIGURE 30 AVERAGE SELLING PRICE TREND, BY TECHNOLOGY
                    TABLE 10 AVERAGE SELLING PRICES OF INDUSTRIAL COATINGS, BY TECHNOLOGY,  2018-2022 (USD/KG)
           6.7.4 AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY
                    FIGURE 31 AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY
                    TABLE 11 AVERAGE SELLING PRICE OF INDUSTRIAL COATINGS, BY END-USE INDUSTRY,  2018 – 2022 (USD/KG)
                    FIGURE 32 AVERAGE PRICE COMPETITIVENESS IN INDUSTRIAL COATINGS MARKET,  BY COMPANY (2022)
                    TABLE 12 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TOP THREE APPLICATIONS (USD/KG)
    6.8 TRADE ANALYSIS 
           6.8.1 EXPORT SCENARIO OF PAINTS AND VARNISHES (AQUEOUS MEDIUM)
                    FIGURE 33 PAINTS AND VARNISHES EXPORT, BY KEY COUNTRY,  2020 – 2022 (USD THOUSAND)
                    TABLE 13 COUNTRY-WISE EXPORT DATA FOR PAINTS AND VARNISHES,  2020–2022 (USD THOUSAND)
           6.8.2 IMPORT SCENARIO OF PAINTS AND VARNISHES (AQUEOUS MEDIUM)
                    FIGURE 34 PAINTS AND VARNISHES IMPORT, BY KEY COUNTRY,  2020 – 2022 (USD THOUSAND)
                    TABLE 14 COUNTRY-WISE IMPORT DATA FOR PAINTS AND VARNISHES,  2020–2022 (USD THOUSAND)
           6.8.3 EXPORT SCENARIO OF PAINTS AND VARNISHES  (NON – AQUEOUS MEDIUM)
                    FIGURE 35 PAINTS AND VARNISHES EXPORT, BY KEY COUNTRY,  2020 – 2022 (USD THOUSAND)
                    TABLE 15 COUNTRY-WISE EXPORT DATA FOR PAINTS AND VARNISHES,  2020–2022 (USD THOUSAND)
           6.8.4 IMPORT SCENARIO OF PAINTS AND VARNISHES  (NON – AQUEOUS MEDIUM)
                    FIGURE 36 PAINTS AND VARNISHES IMPORT, BY KEY COUNTRY,  2020 – 2022 (USD THOUSAND)
                    TABLE 16 COUNTRY-WISE IMPORT DATA FOR PAINTS AND VARNISHES,  2020–2022 (USD THOUSAND)
    6.9 GLOBAL ECONOMIC SCENARIO AFFECTING MARKET GROWTH 
           6.9.1 GLOBAL IMPACT OF SLOWDOWN
                    6.9.1.1 North America
                    6.9.1.2 Europe
                               6.9.1.2.1 Russia-Ukraine war
                               6.9.1.2.2 Energy crisis in Europe
                    6.9.1.3 Asia Pacific
                               6.9.1.3.1 Australia-China trade war
                               6.9.1.3.2 China's debt problem
                    6.9.1.4 Rest of the World
    6.10 TARIFF AND REGULATORY LANDSCAPE 
           6.10.1 REGULATIONS
           6.10.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 17 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
                     TABLE 18 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 19 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 20 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    6.11 KEY CONFERENCES & EVENTS IN 2023–2024 
           TABLE 21 INDUSTRIAL COATINGS MARKET: DETAILED LIST OF CONFERENCES & EVENTS
    6.12 PATENT ANALYSIS 
           FIGURE 37 LIST OF MAJOR PATENTS FOR PAINTS & COATINGS
           6.12.1 LIST OF MAJOR PATENTS
 
7 INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY (Page No. - 132)
    7.1 INTRODUCTION 
          FIGURE 38 SOLVENTBORNE TECHNOLOGY TO LEAD INDUSTRIAL COATINGS MARKET BETWEEN 2023 AND 2028
          TABLE 22 INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
          TABLE 23 INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
          TABLE 24 INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
          TABLE 25 INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
    7.2 WATERBORNE COATINGS 
           7.2.1 EXCELLENT ADHESION AND LOW-VOC EMISSION TO DRIVE MARKET
                    TABLE 26 WATERBORNE: INDUSTRIAL COATINGS MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 27 WATERBORNE: INDUSTRIAL COATINGS MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 28 WATERBORNE: INDUSTRIAL COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                    TABLE 29 WATERBORNE: INDUSTRIAL COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)
    7.3 SOLVENTBORNE COATINGS 
           7.3.1 EXCELLENT PERFORMANCE TO DRIVE MARKET
                    TABLE 30 SOLVENTBORNE: INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 31 SOLVENTBORNE: INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 32 SOLVENTBORNE: INDUSTRIAL COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                    TABLE 33 SOLVENTBORNE: INDUSTRIAL COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)
    7.4 POWDER COATINGS 
           7.4.1 SUPERIOR PERFORMANCE, COST EFFICIENCY, AND LOW-VOC EMISSION TO INCREASE DEMAND
                    TABLE 34 POWDER COATINGS: INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 35 POWDER COATINGS: INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 36 POWDER COATINGS: INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (KILOTON)
                    TABLE 37 POWDER COATINGS: INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (KILOTON)
    7.5 OTHER TECHNOLOGIES 
          TABLE 38 OTHER TECHNOLOGIES: INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
          TABLE 39 OTHER TECHNOLOGIES: INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (USD MILLION)
          TABLE 40 OTHER TECHNOLOGIES: INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (KILOTON)
          TABLE 41 OTHER TECHNOLOGIES: INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (KILOTON)
 
8 INDUSTRIAL COATINGS MARKET, BY RESIN TYPE (Page No. - 144)
    8.1 INTRODUCTION 
          FIGURE 39 EPOXY TO BE LARGEST RESIN TYPE FOR INDUSTRIAL COATINGS,  IN TERMS OF VALUE
          TABLE 42 INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2018–2022 (USD MILLION)
          TABLE 43 INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2023–2028 (USD MILLION)
          TABLE 44 INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2018–2022 (KILOTON)
          TABLE 45 INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2023–2028 (KILOTON)
    8.2 ACRYLIC RESIN 
           8.2.1 CHEMICAL CHARACTERISTICS TO DRIVE DEMAND
                    TABLE 46 ACRYLIC-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 47 ACRYLIC-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 48 ACRYLIC-BASED INDUSTRIAL PAINTS & COATINGS MARKET, BY REGION,  2018–2022 (KILOTON)
                    TABLE 49 ACRYLIC-BASED INDUSTRIAL PAINTS & COATINGS MARKET, BY REGION,  2023–2028 (KILOTON)
    8.3 ALKYD RESIN 
           8.3.1 HIGH DEMAND IN ASIA PACIFIC TO DRIVE MARKET
                    TABLE 50 ALKYD-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 51 ALKYD-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 52 ALKYD-BASED INDUSTRIAL COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                    TABLE 53 ALKYD-BASED INDUSTRIAL COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)
    8.4 EPOXY RESIN 
           8.4.1 GOOD ADHESION, HIGH CHEMICAL RESISTANCE, AND EXCELLENT PHYSICAL PROPERTIES TO INCREASE DEMAND
                    TABLE 54 EPOXY-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 55 EPOXY-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 56 EPOXY-BASED INDUSTRIAL COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                    TABLE 57 EPOXY-BASED INDUSTRIAL COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)
    8.5 POLYESTER RESIN 
           8.5.1 EXTENSIVE USE IN HIGH-PERFORMANCE COATINGS TO DRIVE MARKET
                    TABLE 58 POLYESTER-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 59 POLYESTER-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 60 POLYESTER-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (KILOTON)
                    TABLE 61 POLYESTER-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (KILOTON)
    8.6 POLYURETHANE RESIN 
           8.6.1 STRINGENT REGULATIONS TO DRIVE MARKET
                    TABLE 62 POLYURETHANE-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 63 POLYURETHANE-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 64 POLYURETHANE-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (KILOTON)
                    TABLE 65 POLYURETHANE-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (KILOTON)
    8.7 FLUOROPOLYMER RESIN 
           8.7.1 INCREASING ISE IN NON-STICK SURFACES DUE TO GOOD THERMAL STABILITY TO DRIVE MARKET
                    TABLE 66 FLUOROPOLYMER-BASED INDUSTRIAL COATINGS MARKET,   BY REGION, 2018–2022 (USD MILLION)
                    TABLE 67 FLUOROPOLYMER-BASED INDUSTRIAL COATINGS MARKET,   BY REGION, 2023–2028 (USD MILLION)
                    TABLE 68 FLUOROPOLYMER-BASED INDUSTRIAL COATINGS MARKET,   BY REGION, 2018–2022 (KILOTON)
                    TABLE 69 FLUOROPOLYMER-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (KILOTON)
    8.8 OTHER RESIN TYPES 
          TABLE 70 OTHER RESINS-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
          TABLE 71 OTHER RESINS-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (USD MILLION)
          TABLE 72 OTHER RESINS-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2018–2022 (KILOTON)
          TABLE 73 OTHER RESINS-BASED INDUSTRIAL COATINGS MARKET, BY REGION,  2023–2028 (KILOTON)
 
9 INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY (Page No. - 162)
    9.1 INTRODUCTION 
          TABLE 74 INDUSTRIAL COATINGS: END-USE INDUSTRY AND APPLICATION
          FIGURE 40 GENERAL INDUSTRIAL TO BE LARGEST END USER OF  INDUSTRIAL COATINGS
          TABLE 75 INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
          TABLE 76 INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
          TABLE 77 INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)
          TABLE 78 INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)
    9.2 GENERAL INDUSTRIAL 
           9.2.1 POPULATION AND GDP GROWTH TO DRIVE SEGMENT
                    TABLE 79 INDUSTRIAL COATINGS MARKET IN GENERAL INDUSTRIAL, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 80 INDUSTRIAL COATINGS MARKET IN GENERAL INDUSTRIAL, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 81 INDUSTRIAL COATINGS MARKET IN GENERAL INDUSTRIAL, BY REGION,  2018–2022 (KILOTON)
                    TABLE 82 INDUSTRIAL COATINGS MARKET IN GENERAL INDUSTRIAL, BY REGION,  2023–2028 (KILOTON)
    9.3 PROTECTIVE 
           9.3.1 CORROSION RESISTANCE, FIRE & CHEMICAL ABRASION, WATERPROOFING, AND THERMAL INSULATION TO DRIVE DEMAND
                    TABLE 83 INDUSTRIAL COATINGS MARKET IN PROTECTIVE, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 84 INDUSTRIAL COATINGS MARKET IN PROTECTIVE, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 85 INDUSTRIAL COATINGS MARKET IN PROTECTIVE, BY REGION,  2018–2022 (KILOTON)
                    TABLE 86 INDUSTRIAL COATINGS MARKET IN PROTECTIVE, BY REGION,  2023–2028 (KILOTON)
    9.4 AUTOMOTIVE OEM 
           9.4.1 GROWING DEMAND FOR ELECTRIC VEHICLES TO DRIVE MARKET
                    FIGURE 41 AUTOMOBILE PRODUCTION SHARE FOR TOP 5 COUNTRIES, 2022
                    TABLE 87 INDUSTRIAL COATINGS MARKET IN AUTOMOTIVE OEM, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 88 INDUSTRIAL COATINGS MARKET IN AUTOMOTIVE OEM, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 89 INDUSTRIAL COATINGS MARKET IN AUTOMOTIVE OEM, BY REGION,  2018–2022 (KILOTON)
                    TABLE 90 INDUSTRIAL COATINGS MARKET IN AUTOMOTIVE OEM, BY REGION,  2023–2028 (KILOTON)
    9.5 INDUSTRIAL WOOD 
           9.5.1 INCREASING CONSTRUCTION AND INFRASTRUCTURAL ACTIVITIES TO DRIVE DEMAND
                    TABLE 91 INDUSTRIAL COATINGS MARKET IN INDUSTRIAL WOOD, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 92 INDUSTRIAL COATINGS MARKET IN INDUSTRIAL WOOD, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 93 INDUSTRIAL COATINGS MARKET IN INDUSTRIAL WOOD, BY REGION,  2018–2022 (KILOTON)
                    TABLE 94 INDUSTRIAL COATINGS MARKET IN INDUSTRIAL WOOD, BY REGION,  2023–2028 (KILOTON)
    9.6 AUTOMOTIVE REFINISH 
           9.6.1 INCREASING NUMBER OF ACCIDENTS TO INCREASE DEMAND
                    TABLE 95 KEY PLAYERS IN AUTOMOTIVE REFINISH COATINGS MARKET
                    TABLE 96 INDUSTRIAL COATINGS MARKET IN AUTOMOTIVE REFINISH, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 97 INDUSTRIAL COATINGS MARKET IN AUTOMOTIVE REFINISH, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 98 INDUSTRIAL COATINGS MARKET IN AUTOMOTIVE REFINISH, BY REGION,  2018–2022 (KILOTON)
                    TABLE 99 INDUSTRIAL COATINGS MARKET IN AUTOMOTIVE REFINISH, BY REGION,  2023–2028 (KILOTON)
    9.7 COIL 
           9.7.1 ASIA PACIFIC TO BE DOMINATE MARKET DURING FORECAST PERIOD
                    TABLE 100 INDUSTRIAL COATINGS MARKET IN COIL, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 101 INDUSTRIAL COATINGS MARKET IN COIL, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 102 INDUSTRIAL COATINGS MARKET IN COIL, BY REGION, 2018–2022 (KILOTON)
                    TABLE 103 INDUSTRIAL COATINGS MARKET IN COIL, BY REGION, 2023–2028 (KILOTON)
    9.8 PACKAGING 
           9.8.1 IMPROVING LIFESTYLE AND CHANGING FOOD HABITS TO DRIVE DEMAND
                    TABLE 104 INDUSTRIAL COATINGS MARKET IN PACKAGING, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 105 INDUSTRIAL COATINGS MARKET IN PACKAGING, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 106 INDUSTRIAL COATINGS MARKET IN PACKAGING, BY REGION, 2018–2022 (KILOTON)
                    TABLE 107 INDUSTRIAL COATINGS MARKET IN PACKAGING, BY REGION, 2023–2028 (KILOTON)
    9.9 MARINE 
           9.9.1 SLOW GROWTH OF SHIPBUILDING SECTOR TO HAMPER DEMAND
                    FIGURE 42 WORLD FLEET BY PRINCIPAL VESSEL TYPE, SHARE OF TONNAGE  (DEAD-WEIGHT TONS), 2023
                    TABLE 108 INDUSTRIAL COATINGS MARKET IN MARINE, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 109 INDUSTRIAL COATINGS MARKET IN MARINE, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 110 INDUSTRIAL COATINGS MARKET IN MARINE, BY REGION, 2018–2022 (KILOTON)
                    TABLE 111 INDUSTRIAL COATINGS MARKET IN MARINE, BY REGION, 2023–2028 (KILOTON)
    9.1 AEROSPACE 
           9.10.1 DEVELOPMENT OF CHROME-FREE COATING TECHNOLOGY TO DRIVE MARKET
                    TABLE 112 INDUSTRIAL COATINGS MARKET IN AEROSPACE, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 113 INDUSTRIAL COATINGS MARKET IN AEROSPACE, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 114 INDUSTRIAL COATINGS MARKET IN AEROSPACE, BY REGION, 2018–2022 (KILOTON)
                    TABLE 115 INDUSTRIAL COATINGS MARKET IN AEROSPACE, BY REGION, 2023–2028 (KILOTON)
    9.11 RAIL 
           9.11.1 ADVANCEMENT IN HIGH-SPEED TRAIN INDUSTRY TO DRIVE MARKET
                    TABLE 116 INDUSTRIAL COATINGS MARKET IN RAIL, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 117 INDUSTRIAL COATINGS MARKET IN RAIL, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 118 INDUSTRIAL COATINGS MARKET IN RAIL, BY REGION, 2018–2022 (KILOTON)
                    TABLE 119 INDUSTRIAL COATINGS MARKET IN RAIL, BY REGION, 2023–2028 (KILOTON)
 
10 INDUSTRIAL COATINGS MARKET, BY REGION (Page No. - 186)
     10.1 INTRODUCTION 
             10.1.1 GLOBAL RECESSION IMPACT
                        FIGURE 43 ASIA PACIFIC TO BE FASTEST-GROWING INDUSTRIAL COATINGS MARKET
                        TABLE 120 INDUSTRIAL COATINGS MARKET, BY REGION, 2018–2022 (USD MILLION)
                        TABLE 121 INDUSTRIAL COATINGS MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 122 INDUSTRIAL COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                        TABLE 123 INDUSTRIAL COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)
     10.2 NORTH AMERICA 
             10.2.1 IMPACT OF RECESSION ON NORTH AMERICA
                        FIGURE 44 NORTH AMERICA: INDUSTRIAL COATINGS MARKET SNAPSHOT
                        TABLE 124 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 125 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                        TABLE 126 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2018–2022 (KILOTON)
                        TABLE 127 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2023–2028 (KILOTON)
                        TABLE 128 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)
                        TABLE 129 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)
                        TABLE 130 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2018–2022 (KILOTON)
                        TABLE 131 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2023–2028 (KILOTON)
                        TABLE 132 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 133 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 134 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 135 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                        TABLE 136 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                        TABLE 137 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                        TABLE 138 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)
                        TABLE 139 NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)
             10.2.2 US
                        10.2.2.1 Presence of major manufacturers to drive market growth
                                      TABLE 140 US: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 141 US: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 142 US: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 143 US: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.2.3 CANADA
                        10.2.3.1 High export of furniture to boost demand
                                      TABLE 144 CANADA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 145 CANADA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 146 CANADA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 147 CANADA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.2.4 MEXICO
                        10.2.4.1 Growing export of electronic products to drive market
                                      TABLE 148 MEXICO: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 149 MEXICO: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 150 MEXICO: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 151 MEXICO: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
     10.3 EUROPE 
             10.3.1 IMPACT OF RECESSION ON EUROPE
                        FIGURE 45 EUROPE: INDUSTRIAL COATINGS MARKET SNAPSHOT
                        TABLE 152 EUROPE: INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                        TABLE 153 EUROPE: INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 154 EUROPE: INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2018–2022 (KILOTON)
                        TABLE 155 EUROPE: INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2023–2028 (KILOTON)
                        TABLE 156 EUROPE: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2018–2022 (USD MILLION)
                        TABLE 157 EUROPE: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2023–2028 (USD MILLION)
                        TABLE 158 EUROPE: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2018–2022 (KILOTON)
                        TABLE 159 EUROPE: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2023–2028 (KILOTON)
                        TABLE 160 EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                        TABLE 161 EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                        TABLE 162 EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                        TABLE 163 EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
                        TABLE 164 EUROPE: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                        TABLE 165 EUROPE: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                        TABLE 166 EUROPE: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)
                        TABLE 167 EUROPE: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)
             10.3.2 GERMANY
                        10.3.2.1 Growing economy and rising appliances industry to drive growth
                                      TABLE 168 GERMANY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                                      TABLE 169 GERMANY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                                      TABLE 170 GERMANY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 171 GERMANY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.3.3 UK
                        10.3.3.1 Growing automotive industry and rising investment in R&D to boost demand
                                      TABLE 172 UK: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 173 UK: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 174 UK: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 175 UK: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.3.4 FRANCE
                        10.3.4.1 Adoption of innovative technologies to drive demand
                                      TABLE 176 FRANCE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 177 FRANCE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 178 FRANCE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 179 FRANCE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.3.5 ITALY
                        10.3.5.1 Growing demand from end-use industries to drive market
                                      TABLE 180 ITALY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 181 ITALY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 182 ITALY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 183 ITALY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.3.6 SPAIN
                        10.3.6.1 Growing automotive industry to drive demand
                                      TABLE 184 SPAIN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 185 SPAIN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 186 SPAIN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 187 SPAIN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.3.7 TURKEY
                        10.3.7.1 Rapid urbanization and diversification in consumer goods to impact market positively
                                      TABLE 188 TURKEY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 189 TURKEY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 190 TURKEY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 191 TURKEY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.3.8 REST OF EUROPE
                        TABLE 192 REST OF EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 193 REST OF EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 194 REST OF EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 195 REST OF EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
     10.4 ASIA PACIFIC 
             10.4.1 IMPACT OF RECESSION ON ASIA PACIFIC
                        FIGURE 46 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET SNAPSHOT
                        TABLE 196 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                        TABLE 197 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 198 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2018–2022 (KILOTON)
                        TABLE 199 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2023–2028 (KILOTON)
                        TABLE 200 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)
                        TABLE 201 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)
                        TABLE 202 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2018–2022 (KILOTON)
                        TABLE 203 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2023–2028 (KILOTON)
                        TABLE 204 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 205 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 206 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 207 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                        TABLE 208 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                        TABLE 209 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                        TABLE 210 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)
                        TABLE 211 ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)
             10.4.2 CHINA
                        10.4.2.1 Foreign investments to drive market
                                      TABLE 212 CHINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 213 CHINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 214 CHINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 215 CHINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.4.3 INDIA
                        10.4.3.1 Government initiatives to help industries grow
                                      TABLE 216 INDIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 217 INDIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 218 INDIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 219 INDIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.4.4 JAPAN
                        10.4.4.1 Automotive and marine industries to drive demand
                                      TABLE 220 JAPAN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 221 JAPAN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 222 JAPAN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 223 JAPAN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.4.5 INDONESIA
                        10.4.5.1 Increasing penetration of Japanese car manufacturers to drive market growth
                                      TABLE 224 INDONESIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                                      TABLE 225 INDONESIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                                      TABLE 226 INDONESIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 227 INDONESIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.4.6 THAILAND
                        10.4.6.1 Automotive industry to contribute significantly to market growth
                                      TABLE 228 THAILAND: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                                      TABLE 229 THAILAND: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                                      TABLE 230 THAILAND: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 231 THAILAND: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.4.7 REST OF ASIA PACIFIC
                        TABLE 232 REST OF ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 233 REST OF ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 234 REST OF ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 235 REST OF ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
     10.5 MIDDLE EAST & AFRICA 
             10.5.1 IMPACT OF RECESSION ON MIDDLE EAST & AFRICA
                        FIGURE 47 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKEaT SNAPSHOT
                        TABLE 236 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 237 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                        TABLE 238 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2018–2022 (KILOTON )
                        TABLE 239 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2023–2028 (KILOTON)
                        TABLE 240 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)
                        TABLE 241 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)
                        TABLE 242 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2018–2022 (KILOTON)
                        TABLE 243 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2023–2028 (KILOTON)
                        TABLE 244 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 245 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 246 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 247 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                        TABLE 248 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                        TABLE 249 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                        TABLE 250 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)
                        TABLE 251 MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)
             10.5.2 GCC
                        10.5.2.1 Saudi Arabia
                                     10.5.2.1.1 Significant government investments in infrastructure development
                        10.5.2.2 UAE
                                     10.5.2.2.1 Increasing focus on developing regulatory mechanisms and R&D capabilities to drive market
                        10.5.2.3 Rest of GCC countries
                                      TABLE 252 GCC COUNTRIES: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                                      TABLE 253 GCC COUNTRIES: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                                      TABLE 254 GCC COUNTRIES: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                                      TABLE 255 REST OF GCC COUNTRIES: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
             10.5.3 SOUTH AFRICA
                        10.5.3.1 Significant demand for automobiles to boost market
                                      TABLE 256 SOUTH AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                                      TABLE 257 SOUTH AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                                      TABLE 258 SOUTH AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                                      TABLE 259 SOUTH AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
             10.5.4 EGYPT
                        10.5.4.1 Automotive industry to drive market
                                      TABLE 260 EGYPT: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 261 EGYPT: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 262 EGYPT: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 263 EGYPT: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.5.5 REST OF MIDDLE EAST & AFRICA
                        TABLE 264 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                        TABLE 265 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                        TABLE 266 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                        TABLE 267 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
     10.6 SOUTH AMERICA 
             10.6.1 IMPACT OF RECESSION ON SOUTH AMERICA
                        FIGURE 48 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET SNAPSHOT
                        TABLE 268 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 269 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                        TABLE 270 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2018–2022 (KILOTON)
                        TABLE 271 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,  2023–2028 (KILOTON)
                        TABLE 272 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)
                        TABLE 273 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)
                        TABLE 274 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2018–2022 (KILOTON)
                        TABLE 275 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,  2023–2028 (KILOTON)
                        TABLE 276 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 277 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 278 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 279 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                        TABLE 280 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                        TABLE 281 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                        TABLE 282 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)
                        TABLE 283 SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)
             10.6.2 BRAZIL
                        10.6.2.1 Investment partnership program to promote private sector participation in infrastructure development to drive market
                                      TABLE 284 BRAZIL: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                      TABLE 285 BRAZIL: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                      TABLE 286 BRAZIL: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 287 BRAZIL: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.6.3 ARGENTINA
                        10.6.3.1 Increase in population and improved economic conditions to drive demand
                                      TABLE 288 ARGENTINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                                      TABLE 289 ARGENTINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                                      TABLE 290 ARGENTINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                                      TABLE 291 ARGENTINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
             10.6.4 REST OF SOUTH AMERICA
                        TABLE 292 REST OF SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 293 REST OF SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 294 REST OF SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 295 REST OF SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
 
11 COMPETITIVE LANDSCAPE (Page No. - 266)
     11.1 KEY PLAYERS STRATEGIES 
             11.1.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY INDUSTRIAL COATING PLAYERS (2018–2023)
     11.2 MARKET SHARE ANALYSIS 
             FIGURE 49 MARKET SHARE ANALYSIS, 2022
             TABLE 296 INDUSTRIAL COATINGS MARKET: DEGREE OF COMPETITION
     11.3 REVENUE ANALYSIS 
             FIGURE 50 REVENUE ANALYSIS OF TOP FIVE PLAYERS (2018–2022)
     11.4 MARKET RANKING ANALYSIS 
             FIGURE 51 MARKET RANKING ANALYSIS, 2022
     11.5 COMPANY EVALUATION MATRIX, 2022 
             11.5.1 STARS
             11.5.2 EMERGING LEADERS
             11.5.3 PERVASIVE PLAYERS
             11.5.4 PARTICIPANTS
                        FIGURE 52 GLOBAL INDUSTRIAL COATINGS MARKET COMPANY EVALUATION MATRIX, 2022
             11.5.5 COMPANY FOOTPRINT
                        FIGURE 53 COMPANY FOOTPRINT
                        TABLE 297 APPLICATION FOOTPRINT (25 COMPANIES)
                        TABLE 298 REGION FOOTPRINT (25 COMPANIES)
                        TABLE 299 COMPANY FOOTPRINT (25 COMPANIES)
     11.6 START – UP/SME EVALUATION MATRIX, 2022 
             11.6.1 PROGRESSIVE COMPANIES
             11.6.2 RESPONSIVE COMPANIES
             11.6.3 DYNAMIC COMPANIES
             11.6.4 STARTING BLOCKS
                        FIGURE 54 GLOBAL INDUSTRIAL COATINGS MARKET START – UP/SME EVALUATION  MATRIX, 2022
             11.6.5 COMPETITIVE BENCHMARKING
                        TABLE 300 INDUSTRIAL COATINGS MARKET: DETAILED LIST OF KEY START – UPS/SMES
                        TABLE 301 INDUSTRIAL COATINGS MARKET: COMPETITIVE BENCHMARKING OF KEY START - UPS /SME
     11.7 COMPETITIVE SCENARIO AND TRENDS 
             11.7.1 INDUSTRIAL COATINGS MARKET: PRODUCT LAUNCHES, 2018–2023
                        TABLE 302 INDUSTRIAL COATINGS MARKET: PRODUCT LAUNCHES, 2018–2023
             11.7.2 INDUSTRIAL COATINGS MARKET: DEALS, 2018–2023
             11.7.3 INDUSTRIAL COATINGS MARKET: OTHER DEALS, 2018–2023
 
12 COMPANY PROFILES (Page No. - 295)
(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*
     12.1 MAJOR PLAYERS 
             12.1.1 AKZO NOBEL N.V.
                        TABLE 303 AKZO NOBEL N.V.: COMPANY OVERVIEW
                        FIGURE 55 AKZO NOBEL N.V.: COMPANY SNAPSHOT
                        TABLE 304 AKZO NOBEL N.V.: PRODUCT LAUNCHES
                        TABLE 305 AKZONOBEL N.V.: DEALS
                        TABLE 306 AKZO NOBEL N.V.: OTHERS
             12.1.2 AXALTA COATING SYSTEMS, LLC
                        TABLE 307 AXALTA COATING SYSTEMS, LLC: COMPANY OVERVIEW
                        FIGURE 56 AXALTA COATING SYSTEMS, LLC: COMPANY SNAPSHOT
                        TABLE 308 AXALTA COATING SYSTEMS, LLC: PRODUCT LAUNCHES
                        TABLE 309 AXALTA COATING SYSTEMS LLC : DEALS
                        TABLE 310 AXALTA COATING SYSTEMS LLC: OTHERS
             12.1.3 JOTUN A/S
                        TABLE 311 JOTUN A/S: COMPANY OVERVIEW
                        FIGURE 57 JOTUN A/S: COMPANY SNAPSHOT
                        TABLE 312 JOTUN A/S: PRODUCT LAUNCHES
                        TABLE 313 JOTUN A/S: DEALS
                        TABLE 314 JOTUN A/S: OTHERS
             12.1.4 PPG INDUSTRIES INC.
                        TABLE 315 PPG INDUSTRIES, INC.: COMPANY OVERVIEW
                        FIGURE 58 PPG INDUSTRIES INC.: COMPANY SNAPSHOT
                        TABLE 316 PPG INDUSTRIES, INC.: PRODUCT LAUNCHES
                        TABLE 317 PPG INDUSTRIES: DEALS
                        TABLE 318 PPG INDUSTRIES: OTHERS
             12.1.5 THE SHERWIN-WILLIAMS COMPANY
                        TABLE 319 THE SHERWIN-WILLIAMS COMPANY: COMPANY OVERVIEW
                        FIGURE 59 THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT
                        TABLE 320 THE SHERWIN-WILLIAMS COMPANY: PRODUCT LAUNCHES
                        TABLE 321 THE SHERWIN-WILLIAMS COMPANY: DEALS
             12.1.6 NIPPON PAINT HOLDINGS CO., LTD.
                        TABLE 322 NIPPON PAINTS HOLDINGS CO., LTD.: COMPANY OVERVIEW
                        FIGURE 60 NIPPON PAINT HOLDINGS CO., LTD.: COMPANY SNAPSHOT
                        TABLE 323 NIPPON PAINT HOLDINGS CO., LTD.: PRODUCT LAUNCHES
                        TABLE 324 NIPPON PAINTS HOLDINGS CO., LTD.: DEALS
                        TABLE 325 NIPPON PAINTS HOLDINGS CO., LTD.: OTHERS
             12.1.7 KANSAI PAINT CO. LTD.
                        TABLE 326 KANSAI PAINT CO. LIMITED: COMPANY OVERVIEW
                        FIGURE 61 KANSAI PAINT CO. LTD.: COMPANY SNAPSHOT
                        TABLE 327 KANSAI PAINTS CO. LTD.: DEALS
             12.1.8 RPM INTERNATIONAL INC.
                        TABLE 328 RPM INTERNATIONAL INC.: COMPANY OVERVIEW
                        FIGURE 62 RPM INTERNATIONAL INC.: COMPANY SNAPSHOT
                        TABLE 329 RPM INTERNATIONAL INC.: OTHERS
             12.1.9 HEMPEL A/S
                        TABLE 330 HEMPEL A/S.: COMPANY OVERVIEW
                        FIGURE 63 HEMPEL A/S: COMPANY SNAPSHOT
                        TABLE 331 HEMPEL A/S: PRODUCT LAUNCHES
                        TABLE 332 HEMPEL A/S: DEALS
                        TABLE 333 HEMPEL A/S: OTHERS
             12.1.10 BASF COATINGS GMBH
                        TABLE 334 BASF COATINGS GMBH: COMPANY OVERVIEW
                        FIGURE 64 BASF COATINGS GMBH: COMPANY SNAPSHOT
                        TABLE 335 BASF COATINGS GMBH: PRODUCT LAUNCHES
     12.2 OTHER KEY PLAYERS 
             12.2.1 ASIAN PAINTS LIMITED
                        TABLE 336 ASIAN PAINTS LIMITED: OTHERS
             12.2.2 BARPIMO S.A.
             12.2.3 DAW SE
             12.2.4 SK KAKEN CO., LTD.
             12.2.5 TEKNOS GROUP
             12.2.6 BECKERS GROUP
                        TABLE 337 BECKERS GROUP: PRODUCT LAUNCHES
                        TABLE 338 BECKERS GROUP: OTHERS
             12.2.7 TIGER COATINGS GMBH & CO. KG
             12.2.8 DIAMOND VOGEL PAINT COMPANY
             12.2.9 KELLY-MOORE PAINTS
             12.2.10 NOROO PAINT & COATINGS
             12.2.11 WEILBURGER COATINGS
             12.2.12 THE CHEMOURS COMPANY
             12.2.13 IGP PULVERTECHNIK AG
             12.2.14 ADVANCED NANOTECH LAB
             12.2.15 NYCOTE LABORATORIES CORPORATION, INC.
 
*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies. 
 
13 ADJACENT & RELATED MARKETS (Page No. - 366)
     13.1 INTRODUCTION 
     13.2 LIMITATIONS 
     13.3 ARCHITECTURAL COATINGS 
             13.3.1 MARKET DEFINITION
             13.3.2 MARKET OVERVIEW
     13.4 ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY 
              FIGURE 65 WATERBORNE COATINGS TO DOMINATE MARKET DURING FORECAST PERIOD
              TABLE 339 ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
              TABLE 340 ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
              TABLE 341 ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY, 2019–2022 (KILOTON)
              TABLE 342 ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
     13.5 WATERBORNE COATINGS 
             13.5.1 DEMAND FOR ECO-FRIENDLY CLEARCOAT TO DRIVE MARKET
     13.6 SOLVENTBORNE COATINGS 
             13.6.1 HIGH DURABILITY AND COST-EFFECTIVENESS TO DRIVE MARKET
     13.7 POWDER COATINGS 
             13.7.1 ABRASION AND CORROSION RESISTANCE TO FUEL DEMAND  FOR POWDER COATINGS
     13.8 ARCHITECTURAL COATINGS MARKET, BY RESIN TYPE 
              FIGURE 66 ACRYLIC TO BE LARGEST RESIN TYPE FOR ARCHITECTURAL COATINGS  DURING FORECAST PERIOD
              TABLE 343 ARCHITECTURAL COATINGS MARKET, BY RESIN TYPE, 2019–2022 (USD MILLION)
              TABLE 344 ARCHITECTURAL COATINGS MARKET, BY RESIN TYPE, 2023–2028 (USD MILLION)
              TABLE 345 ARCHITECTURAL COATINGS MARKET, BY RESIN TYPE, 2019–2022 (KILOTON)
              TABLE 346 ARCHITECTURAL COATINGS MARKET, BY RESIN TYPE, 2023–2028 (KILOTON)
     13.9 ACRYLIC RESIN 
             13.9.1 RESISTANCE TO WATER AND ALKALI TO FUEL DEMAND  FOR ACRYLIC RESINS
     13.10 ALKYD RESIN 
             13.10.1 COMPATIBILITY WITH COATING POLYMERS TO INCREASE DEMAND FOR ALKYD RESINS
     13.11 POLYURETHANE RESIN 
             13.11.1 USE OF POLYURETHANE IN ARCHITECTURAL COATINGS  TO DRIVE MARKET
     13.12 VINYL RESIN 
             13.12.1 RESISTANCE TO WATER AND CHEMICALS TO FUEL DEMAND  FOR VINYL RESIN
     13.13 OTHER RESINS 
             13.13.1 EPOXY RESIN
             13.13.2 UNSATURATED POLYESTER RESIN
             13.13.3 SATURATED POLYESTER RESIN
     13.14 ARCHITECTURAL COATINGS MARKET, BY USER TYPE 
              FIGURE 67 PROFESSIONAL SEGMENT TO ACCOUNT FOR LARGER SHARE OF ARCHITECTURAL COATINGS MARKET
              TABLE 347 ARCHITECTURAL COATINGS MARKET, BY USER TYPE, 2019–2022 (USD MILLION)
              TABLE 348 ARCHITECTURAL COATINGS MARKET, BY USER TYPE, 2023–2028 (USD MILLION)
              TABLE 349 ARCHITECTURAL COATINGS MARKET, BY USER TYPE, 2019–2022 (KILOTON)
              TABLE 350 ARCHITECTURAL COATINGS MARKET, BY USER TYPE, 2023–2028 (KILOTON)
     13.15 DIY 
             13.15.1 INCREASE IN DIY PAINTING TO DRIVE MARKET
     13.16 PROFESSIONAL 
             13.16.1 INCREASE IN SPENDING POWER OF CONSUMERS TO SUPPORT MARKET GROWTH
     13.17 ARCHITECTURAL COATINGS MARKET, BY COATING TYPE 
              FIGURE 68 INTERIOR SEGMENT TO ACCOUNT FOR LARGER SHARE DURING  FORECAST PERIOD
              TABLE 351 ARCHITECTURAL COATINGS MARKET, BY COATING TYPE, 2019–2022 (USD MILLION)
              TABLE 352 ARCHITECTURAL COATINGS MARKET, BY COATING TYPE, 2023–2028 (USD MILLION)
              TABLE 353 ARCHITECTURAL COATINGS MARKET, BY COATING TYPE, 2019–2022 (KILOTON)
              TABLE 354 ARCHITECTURAL COATINGS MARKET, BY COATING TYPE, 2023–2028 (KILOTON)
     13.18 INTERIOR 
             13.18.1 INCREASING RENOVATION ACTIVITIES TO FUEL DEMAND FOR PREMIUM COATINGS
     13.19 EXTERIOR 
             13.19.1 HIGH DURABILITY TO INCREASE DEMAND FOR ARCHITECTURAL COATINGS
     13.20 ARCHITECTURAL COATINGS MARKET, BY APPLICATION 
              FIGURE 69 RESIDENTIAL SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
              TABLE 355 ARCHITECTURAL COATINGS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
              TABLE 356 ARCHITECTURAL COATINGS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
              TABLE 357 ARCHITECTURAL COATINGS MARKET, BY APPLICATION, 2019–2022 (KILOTON)
              TABLE 358 ARCHITECTURAL COATINGS MARKET, BY APPLICATION, 2023–2028 (KILOTON)
     13.21 RESIDENTIAL 
             13.21.1 NEW CONSTRUCTION
                        13.21.1.1 Energy efficiency and low maintenance costs to increase demand for architectural coatings
             13.21.2 REMODEL AND REPAINT
                        13.21.2.1 Surge in renovation activities to fuel demand for  architectural coatings
     13.22 NONRESIDENTIAL 
             13.22.1 COMMERCIAL
                        13.22.1.1 Rise in private sector investments and increasing commercial office spaces to drive market
             13.22.2 INDUSTRIAL
                        13.22.2.1 Growth of industrial sector to fuel demand for architectural coatings
             13.22.3 INFRASTRUCTURE
                        13.22.3.1 Infrastructure development in emerging economies to  drive market
     13.23 ARCHITECTURAL COATINGS MARKET, BY REGION 
              FIGURE 70 ASIA PACIFIC TO REGISTER HIGHEST CAGR BETWEEN 2023 AND 2028
              TABLE 359 ARCHITECTURAL COATINGS MARKET, BY REGION, 2019–2022 (USD MILLION)
              TABLE 360 ARCHITECTURAL COATINGS MARKET, BY REGION, 2023–2028 (USD MILLION)
              TABLE 361 ARCHITECTURAL COATINGS MARKET, BY REGION, 2019–2022 (KILOTON)
              TABLE 362 ARCHITECTURAL COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)
             13.23.1 ASIA PACIFIC
             13.23.2 EUROPE
             13.23.3 NORTH AMERICA
             13.23.4 MIDDLE EAST & AFRICA
             13.23.5 SOUTH AMERICA
 
14 APPENDIX (Page No. - 385)
     14.1 DISCUSSION GUIDE 
     14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     14.3 AVAILABLE CUSTOMIZATIONS 
     14.4 RELATED REPORTS 
     14.5 AUTHOR DETAILS 

This research study involves the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg L.P., Factiva, ICIS, and OneSource, to identify and collect information useful for this technical, market-oriented, and commercial study of the global industrial coatings market. Primary sources are mainly industry experts from core and related industries, preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the value chain of this industry. In-depth interviews were conducted with various primary respondents, including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as assess growth prospects of the market.

Secondary Research

In the secondary research process, various secondary sources were referred to for identifying and collecting information for this study. These secondary sources include annual reports, press releases & investor presentations of companies, white papers, regulatory bodies, trade directories, certified publications, articles from recognized authors, gold and silver standard websites, and databases.

Secondary research has been used to obtain key information about the value chain of the industry, the total pool of key players, market classification & segmentation according to industry trends to the bottom-most level, and regional markets. It has also been used to obtain information about key developments from a market-oriented perspective.

Primary Research

In the primary research process, various sources from both, the supply and demand sides were interviewed to obtain and verify qualitative and quantitative information for this report as well as analyze prospects. Primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related executives from various leading companies and organizations operating in the industrial coatings market. Primary sources from the demand side include experts and key persons from the application segment. Extensive primary research has been conducted after understanding and analyzing the current scenario of the industrial coatings market through secondary research. Several primary interviews were conducted with market experts from both, the demand and supply sides across five major regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Following is the breakdown of primary respondents:

Industrial Coatings Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The bottom-up approach has been employed to arrive at the overall size of the industrial coatings market by estimating the share of the industrial coatings consumed by different applications considered under the scope of the study. For instance, the market size for each application has been calculated with the help of the average demand for industrial coatings in an application for each region and multiplied to calculate the size of the region to get the overall market size. Similarly, for other applications of industrial coatings, the market size has been calculated at the country/regional levels. The outcomes have been summed up to calculate the market size of industrial coatings at the global level. The average prices for industrial coatings in different applications have been taken at the regional levels. The market size for industrial coatings, in terms of volume, and the prices of industrial coatings have been multiplied to estimate the global market size in terms of value.

Global Industrial Coatings Market Size: Bottom Up Approach

Industrial Coatings Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Global Industrial Coating Market Size: Top-down Approach

Industrial Coatings Market Size, and Share

Data Triangulation

After arriving at the overall market size, the total market has been split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, the data triangulation and market breakdown procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market has been validated using both top-down and bottom-up approaches. Then, it has been verified through primary interviews. Hence, for every data segment, there are three sources, one from the top-down approach, second from the bottom-up approach, and third from expert interviews. Only when the values arrived at from the three points match, the data have been assumed correct.

Market Definition.

Industrial coatings are thin films applied to materials to add or enhance their specific properties, such as corrosion resistance, wear resistance, and conductivity. These coatings are made from polymer substances that provide the toughest coatings. They offer corrosion protection to steel pipes and fasteners, which are exposed to gases, oils, water, wastewater, petrochemicals, and food processing equipment that require non-stick coating. Industrial coatings cover a very wide range of diverse uses for coatings with different requirements and functions. Industrial coatings are used in production plants, to coat discrete parts, finished assemblies (automobiles, trucks, aircraft, and vessels), tanks, piping, metal sheets, wood panels, paper, and paperboards. They are also used in agricultural, automotive, and construction equipment.

Key Stakeholders

  • Senior Management
  • End User
  • Finance/Procurement Department
  • R&D Department

Report Objectives

  • To define, describe, and forecast the market for industrial coatings, in terms of value and volume
  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the market growth
  • To estimate and forecast the market size on the basis of resin type, technology, and end-use industry
  • To analyze and forecast the market on the basis of major regions—North America, Europe, Asia Pacific, South America, and the Middle East & Africa, along with their key countries
  • To strategically analyze micromarkets1 with respect to individual growth trends, growth prospects, and their contribution to the overall market
  • To analyze the opportunities in the market for stakeholders and present a competitive landscape for market leaders
  • To analyze recent developments, such as mergers & acquisitions, joint ventures, & agreements partnership & agreement, collaboration, investments & expansions, and new product launches, in the market
  • To strategically profile key players in the market and comprehensively analyze their core competencies1

Note: 1. Micromarkets are defined as the subsegments of the global industrial market included in the report.

2. Core competencies of companies are determined in terms of the key developments and strategies adopted by them to sustain in the market.

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the industrial coating market, by country

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization

Instant Answers with GPT - Ask Now!

Ask real questions. Get complete answers !
Report Code
CH 1208
Published ON
Jan, 2024
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Industrial Coatings Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback