Industrial Coatings Market Key Competitors: Who Will Lead the Industry in 2030?

How Big is the Industrial Coatings Market?

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.

Market Statistics

Market Size in 2024: USD 107.19 billion in 2024
Market Size By 2030: USD 132.18 billion by 2030.
Market Growth Rate (CAGR): 4.30% from 2025-2030

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 Insight:

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:

The report has segmented the market 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)

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)

By Region

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

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

Competitive Landscape:

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

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Key Highlights of the Report:

Market Performance (2025-2030)
Strategic Recommendations
Current, Historical and Future Market Trends
Market Drivers and Leading Competitor
SWOT Analysis
Structure of the Market
Comprehensive Mapping and Recent Advancement

Other Report:

About Us –

We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

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.

Contact Us –

Call +1 628 895 8081, +91 120 4278433

Email: [email protected]