Innovations & Trends Within Industrial Coatings Market: What is Expected During 2025- 2030

Markntel Advisors’ report, Industrial Coatings Research Report: Industry Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Industrial Coatings presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Industrial Coatings Market Industry Research Report & Market Summary:

The Global Industrial Coatings Market size is valued at around USD 107.19 billion in 2024 & is projected to reach USD 132.18 billion by 2030. The market is also estimated to grow at a CAGR of around 4.30% during the forecast period, i.e., 2025-30. The necessity for industrial coatings has increased with the growth and development of chemicals, oil and gas, food and beverage industries. Natural gas and oil have the highest usage as fuels across the world making them have great significance in the energy market which in turn affects international trade greatly. Moreover, due to oil being used as a source of power by many sectors like petrochemicals, transportation among others; its demand continues to rise consistently. Consequently, these are the primary drivers behind industrial coatings demand.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/industrial-coatings-market.html

Industrial Coatings Market Dynamics:

Key Driver-

Expansion of the Automotive Sector to Drive the Industrial Coatings Industry – The growing sales of passenger vehicles worldwide have led to a massive increase in automobile manufacturing worldwide. Furthermore, the growth in consumer expendable income in countries such as India, the Philippines, and other Southeast Asian countries has enhanced the rise by hike in demand for automobiles. Moreover, the sales of luxury cars have also risen substantially as consumers have been changing preferences and rising disposable incomes and there has been a growth in demand for modern automotive technologies utilized in automobiles. In response to the rising demand for luxury vehicles, manufacturers are quickly developing manufacturing facilities across developing regions like the Asia Pacific to manufacture more premium cars in emerging nations.

Henceforth, the intensifying sales of passenger vehicles, especially across developing countries, have significantly contributed to the growth & development of automobile manufacturing across the globe. Hence, the demand for industrial coatings has also significantly increased as a result of the increased manufacturing of high-performance cars, which aim to offer a luxury experience.

Furthermore, market growth is expected to be further supported by the increasing demand for customized vehicle designs and paints. The established automobile manufacturers are planning for future expansion of their production plants to manufacture customized vehicles, which would augment the size & volume of the Industrial Coatings Market in the coming years.

Industrial Coatings Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Technology

Water-Borne Coatings- Market Size & Forecast 2020-2030, (Thousand Tons)
Solvent-Borne Coatings- Market Size & Forecast 2020-2030, (Thousand Tons)
Powder-Based Coatings- Market Size & Forecast 2020-2030, (Thousand Tons)
Others- Market Size & Forecast 2020-2030, (Thousand Tons)

The solvent-borne segment accounts for the majority of the market share on account of their rapid drying ability, making them well-suited for high-speed production processes.

By Resin Type

Acrylic Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
Alkyd Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
Epoxy Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
Polyester Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
Polyurethane Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
Fluoropolymer Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
Others- Market Size & Forecast 2020-2030, (Thousand Tons)

By End-Use Industry

General Industrial- Market Size & Forecast 2020-2030, (Thousand Tons)
Marine- Market Size & Forecast 2020-2030, (Thousand Tons)
Automotive and Vehicle Refinish- Market Size & Forecast 2020-2030, (Thousand Tons)
Electronics- Market Size & Forecast 2020-2030, (Thousand Tons)
Aerospace- Market Size & Forecast 2020-2030, (Thousand Tons)
Oil and Gas- Market Size & Forecast 2020-2030, (Thousand Tons)
Mining- Market Size & Forecast 2020-2030, (Thousand Tons)
Power Generation- Market Size & Forecast 2020-2030, (Thousand Tons)
Others- Market Size & Forecast 2020-2030, (Thousand Tons)

The general industrial segment held the largest market share in the Global Industrial Coatings Market as the sector uses specialized formulations designed to protect surfaces and equipment in various industries.

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific.

The market for industrial coatings is predominantly controlled by the Asia-Pacific region in both value and volume aspects. Moreover, during the period of forecast, this region is anticipated to undergo the most substantial growth rate.

As indicated in the latest market research report published by Markntel Advisors, “Industrial Coatings Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Industrial Coatings. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/industrial-coatings-market.html

Top Companies Operating in the Industrial Coatings Market:

Kansai Paint Co. Ltd.
PPG Industries Inc.
Akzo Nobel N.V.
Axalta Coating Systems, Llc
Jotun A/S
The Sherwin-Williams Company
Nippon Paint Holdings Co., Ltd.
Rpm International Inc.
Hempel A/S
Basf Coatings Gmbh
Advanced Nanotech Lab
The Chemours Company
Noroo Paint & Coatings
Weilburger Coatings
Beckers Group
Others.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

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Key Report Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Frequently Asked Questions (FAQs)-

What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
What are the trends influencing the current scenario of the market?
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Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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