Report Scope:
The scope of the report is an overview of the global market for industrial coatings and analysis of global market trends, with data from 2017 as the base year and estimates for 2018-2023 with projection of CAGR in the forecast duration. The sales values are presented in U.S. dollars, while volumes are presented in kilotons. Estimated values used are based on manufacturer total revenue. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.
The report includes a discussion of technological and economic trends that are affecting the market. Further, it explains the major drivers and regional dynamics of the industrial coatings market and current trends within the industry.
This report categorizes the global industrial coatings market based on resin type, technology, application and region. On the basis of resin type, the industrial coatings market is divided into epoxy, polyurethane, acrylic, alkyd, polyester, fluoropolymer and others (includes silicone, ceramic, formaldehyde, rubber, aluminum, silver and vinyl). Based on technology, the industrial coatings market is divided into solvent-borne coatings, waterborne coatings, powder coatings, high-solids coatings, radiation-cured coatings and others (includes vapor permeation of injection cured coatings, uni-coat paint and supercritical carbon dioxide). On the basis of application, the market is divided into vehicle coatings, machinery/equipment coatings, coil coatings, can and container coatings, appliance coatings, agricultural equipment coatings, plastic coatings and others (includes marine coatings, industrial maintenance and protective coatings). On the basis of region, the market is divided into North America, Asia-Pacific, Europe, South America, the Middle East and Africa.
The report concludes with a special focus on the vendor landscape and includes profiles of the major market players operating in the global industrial coatings market.
Report Includes:
- 80 data tables and 27 additional tables
- An overview of global market, technologies and applications for industrial coatings
- Country specific data and analysis for U.S., Canada, Mexico, Germany, Italy, France, U.K., Spain, Russia, China, India, Japan, South Korea, Australia & New Zealand, Brazil, Argentina, and Saudi Arabia
- Discussion about the main industry drivers and opportunities with detailed focus on the current and future trends
- Detailed description of water-borne coating technology, high solids coating technology and powder coating technology and discussion of their types, advantages and disadvantages
- A look into the environmental concerns and government regulations associated with the industry
- Profiles of key players in the market, including 3M, Akzonobel NV, Hempel A/S, Jotun, Kansai Paint Co. Ltd. and Nippon Paint Co. Ltd.
Summary
Industrial coatings are generally applied in factories to manufactured goods, as part of the production process, to enhance properties. Enhancements include color, electrical conductivity and corrosion, scratch and chip resistance. Generally, industrial coatings are defined by protective, rather than aesthetic properties, though the coatings provide both. Industrial coatings are high-quality, custommade coatings made from polymer substances, often used to control corrosion of concrete or steel.
Industrial coatings are used in various applications such as vehicle coatings, coil coatings, machinery/equipment coatings, can and container coatings, wood coatings, plastic coatings, agricultural equipment coatings and others. Others include marine coatings, packaging coatings, industrial maintenance and protective coatings. Based on region, the market is divided into Asia-Pacific, North America, Europe, South America, the Middle East and Africa. The report covers market drivers, restraints, opportunities and challenges that determine the scope of the market and its trends.
The industrial coatings market has grown significantly during the past few years and is expected to grow at a more rapid pace in the next five years. The market continues to expand; new technological developments and industry changes have taken place. Demand is expected to increase due to a broad range of uses in the machinery, equipment, appliance, wood, coil and automotive end-use industries across the globe. The need for better durability, higher functionality and ease-of-application is driving the growth of the industrial coatings market. The rising demand for stricter environmental regulations drives the demand for environmentally friendly industrial coatings. However, the high cost of raw
materials may hamper the growth of the market during the forecast period.
Industrial Coatings: Technologies, Applications and Global Markets
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing the Study
Scope of Report
Intended Audience
Methodology and Information Sources
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Industrial Coating Resin Types
Introduction
Industrial Coating Applications
History of Industrial Coatings
Life Cycle Assessment
Life Cycle Cost
Technology Life Cycle
Manufacturing Industrial Coatings
Industrial Powder Coatings
Galvanized Industrial Coating or Hot-Dip Galvanizing
Abrasion-Resistant Coating
Ceramic Coating
Thermal Spray Coating
Applying Industrial Coatings
Dip Coating or Immersion Coating
Electrophoretic Deposition
Electrostatic Spraying
Fluidized Bed Coating
Wet Spraying
Vacuum-Pressure Impregnation (VPI)
Benefits of Industrial Coatings
Industry Structure and Overview
Market Dynamics
Factors Driving Growth: Industrial Coatings Market
Demand for Better Products
Growing Demand from End-Use Applications
Environmental Protection Regulations
Market Restraints
Fluctuating Raw Material Prices
Longer Dry Times
Opportunities: Industrial Coatings Market
Emerging Regions: Opportunity for Growth
Increasing Demand: Shipbuilding and Pipelines
Challenges: Industrial Coatings Market
Stringent Regulations
Technology Overview
Value Chain Analysis
Binders
Solvents
Pigments
Additives
Industry Outlook
Building and Construction
Automotive
Pollution Prevention: Coating Application Processes
Chapter 4 Industrial Coating Resin Types
Introduction
Epoxy
Epoxy Coating Properties
Market Size Estimation and Forecast
Polyurethane
Polyurethane Coating Properties
Market Size Estimation and Forecast
Acrylics
Acrylic Coating Properties
Market Size, Estimation and Forecast
Alkyds
Alkyd Coating Properties
Market Size Estimation and Forecast
Fluoropolymers
Fluoropolymers Coating Properties
Market Size Estimation and Forecast
Polyesters
Polyester Coating Properties
Market Size Estimation and Forecast
Others
Silicone
Vinyl
Ceramic
Formaldehyde
Silver
Market Size Estimation and Forecast
Chapter 5 Industrial Coating Technologies
Introduction
Market Size Estimation and Forecast
Solvent-Borne Coatings
Types of Solvent-Borne Coating
Comparison with Alternate Coating Technologies
Advantages and Disadvantages of Solvent-Borne Industrial Coatings
Market Size Estimation and Forecast
Waterborne Coatings
Types of Polymers
Types of Waterborne Coatings
Advantages and Disadvantages of Waterborne Industrial Coatings
Market Size Estimation and Forecast
Powder Coatings
Types of Powder Coating
New Developments in Powder Coatings
Application Methods of Powder Coatings
Advantages and Disadvantages of Industrial Powder Coatings
Market Size Estimation and Forecast
High-Solids Coatings
Types of High-Solids Coatings
Application Methods of High-Solids Coatings
Advantages and Disadvantages of High-Solids Industrial Coatings
Market Size Estimation and Forecast
Radiation-Cured Coatings
Types of Radiation-Cured Coating
Application Methods of Radiation-Cured Coatings
Advantages and Disadvantages of Radiation-Cured Industrial Coatings
Market Size Estimation and Forecast
Others
Vapor Permeation of Injection-Cured Coating (VIC)
Uni-Coat Paint
Supercritical Carbon Dioxide
Market Size Estimation and Forecast
Chapter 6 Market Breakdown by Application
Introduction
Vehicle Coatings
Durability
Protection
Appearance
Market Size Estimation and Forecast
Machinery/Equipment Coatings
Market Size Estimation and Forecast
Coil Coatings
Market Size Estimation and Forecast
Can and Container Coatings
Market Size Estimation and Forecast
Appliance Coatings
Market Size Estimation and Forecast
Wood Coatings
Market Size Estimation and Forecast
Agricultural Equipment Coatings
Market Size Estimation and Forecast
Plastic Coatings
Market Size Estimation and Forecast
Others
Market Size Estimation and Forecast
Chapter 7 Market Breakdown by Region
Introduction
North America
Market Size Estimation and Forecast
United States
Canada
Mexico
Asia-Pacific
Market Size Estimation and Forecast
China
India
Japan
Rest of Asia-Pacific
Europe
Market Size Estimation and Forecast
Germany
France
Italy
Rest of Europe
South America
Market Size Estimation and Forecast
Brazil
Argentina
Rest of South America
Middle East and Africa
Market Size Estimation and Forecast
Saudi Arabia
U.A.E.
Rest of Middle East and Africa
Chapter 8 Competitive Landscape
Introduction
Major Players
Key Developments: Industrial Coatings Market
Chapter 9 Company Profiles
3M
Business Overview
Business Performance
Products Offered
AKZONOBEL NV
Business Overview
Business Performance
Products Offered
Developments and Strategies
ASK CHEMICALS
Business Overview
AXALTA COATING SYSTEMS
Business Overview
Business Performance
Products Offered
Developments and Strategies
BENJAMIN MOORE AND CO. INC.
Business Overview
BERGER PAINTS INDIA LTD.
Business Overview
BOYSEN PAINTS
Business Overview
BRILLUX GMBH AND CO. KG
Business Overview
BUHLER AG
Business Overview
CHUGOKU MARINE PAINTS LTD.
Business Overview
CIN GROUP
Business Overview
CLOVERDALE PAINT INC.
Business Overview
DOWDUPONT
Business Overview
DAI NIPPON TORYO CO. LTD.
Business Overview
DAIMOND VOGEL
Business Overview
DUNN-EDWARDS CORP.
Business Overview
FARRELL-CALHOUN PAINT
Business Overview
GEMINI INDUSTRIES
Business Overview
HEMPEL A/S
Business Overview
Business Performance
Products Offered
Developments and Strategies
HENTZEN COATINGS INC.
Business Overview
INDUSTRIA CHIMICA ADRIATICA SPA
Business Overview
JOTUN
Business Overview
Business Performance
Products Offered
Developments and Strategies
KANSAI PAINT CO. LTD.
Business Overview
Business Performance
Products Offered
Developments and Strategies
KCC CORP.
Business Overview
KELLY-MOORE PAINTS
Business Overview
NIPPON PAINT CO. LTD.
Business Overview
Business Performance
Products Offered
NATIONAL PAINTS
Business Overview
PPG INDUSTRIES INC.
Business Overview
Business Performance
Products Offered
Developments and Strategies
RPM INTERNATIONAL INC.
Business Overview
Business Performance
Products Offered
Developments and Strategies
SHEBOYGAN PAINT CO.
Business Overview
SIKA AG
Business Overview
THE SHERWIN-WILLIAMS CO.
Business Overview
Business Performance
Products Offered
Developments and Strategies
TIKKURILA OYJ
Business Overview
TAMBOUR LTD.
Business Overview
TEKNOS GROUP
Business Overview
TIGER DRYLAC U.S.A. INC.
Business Overview
WEILBURGER
Business Overview
WHITEFORD
Business Overview
YENKIN-MAJESTIC PAINT CORP.
Business Overview
Chapter 10 Appendix: Acronyms
List of Tables
Summary Table : Global Market for Industrial Coatings, by Region, Through 2023
Table 1 : Vehicle Production in Major Countries, 2016 and 2017
Table 2 : Pollution Prevention Options for Coating Processes
Table 3 : Global Market for Industrial Coatings, by Resin Type, Through 2023
Table 4 : Global Industrial Coatings Market Share, by Resin Type, 2018
Table 5 : Types of Epoxies and Relative Properties
Table 6 : Global Market for Epoxy Resin Industrial Coatings, by Region, Through 2023
Table 7 : Global Market for Polyurethane Resin Industrial Coatings, by Region, Through 2023
Table 8 : Global Market for Acrylic Resin Industrial Coatings, by Region, Through 2023
Table 9 : Global Market for Alkyd Resin Industrial Coatings, by Region, Through 2023
Table 10 : Global Market for Fluoropolymer Resin Industrial Coatings, by Region, Through 2023
Table 11 : Global Market for Polyester Resin Industrial Coatings, by Region, Through 2023
Table 12 : Global Market for Other Types of Industrial Coatings, by Region, Through 2023
Table 13 : Comparison of Industrial Coatings, by Technology Type
Table 14 : Global Market for Industrial Coatings, by Technology, Through 2023
Table 15 : Benefits and Limitations of Alternate Coatings vs. Solvent-Borne Coatings
Table 16 : Industrial Solvent-Borne Coating Applications
Table 17 : Global Market for Solvent-Borne Industrial Coatings, by Region, Through 2023
Table 18 : Industrial Coating Applications of Waterborne Technology
Table 19 : Global Market for Waterborne Industrial Coating, by Region, Through 2023
Table 20 : Industrial Applications of Powder Coating Technology
Table 21 : Global Market for Industrial Powder Coating Applications, by Region, Through 2023
Table 22 : Industrial High-Solids Coating Applications
Table 23 : Global Market for High-Solids Industrial Coatings, by Region, Through 2023
Table 24 : Industrial Coating Applications of Radiation-Cured Technology
Table 25 : Global Market for Radiation-Cured Industrial Coatings, by Region, Through 2023
Table 26 : Global Market for the Application of Other Types of Technologies in Industrial Coatings, by Region, Through 2023
Table 27 : Global Market for Industrial Coatings, by Application, Through 2023
Table 28 : Industrial Vehicle Coating Applications
Table 29 : Global Market for Industrial Vehicle Coating Applications, by Region, Through 2023
Table 30 : Industrial Machinery/Equipment Coating Applications
Table 31 : Global Market for Industrial Machinery/Equipment Coating Applications, by Region, Through 2023
Table 32 : Industrial Coil Coating Applications
Table 33 : Global Market for Industrial Coil Coating Applications, by Region, Through 2023
Table 34 : Industrial Cans and Container Coating Applications
Table 35 : Global Market for Industrial Cans and Container Coating Applications, by Region, Through 2023
Table 36 : Industrial Appliance Coating Applications
Table 37 : Global Market for Industrial Appliance Coating Applications, by Region, Through 2023
Table 38 : Industrial Wood Coating Applications
Table 39 : Global Market for Industrial Wood Coating Applications, by Region, Through 2023
Table 40 : Industrial Agricultural Equipment Coating Applications
Table 41 : Global Market for Industrial Agriculture Equipment Coating Applications, by Region, Through 2023
Table 42 : Industrial Plastic Coating Applications
Table 43 : Global Market for Industrial Plastic Coating Applications, by Region, Through 2023
Table 44 : Other Types of Industrial Applications of Coatings
Table 45 : Global Market for Other Industrial Coating Applications, by Region, Through 2023
Table 46 : Global Market Volume for Industrial Coatings, by Region, Through 2023
Table 47 : Global Market for Industrial Coatings, by Region, Through 2023
Table 48 : North American Market for Industrial Coatings, by Resin Type, Through 2023
Table 49 : North American Market for Industrial Coatings, by Technology, Through 2023
Table 50 : North American Market for Industrial Coatings, by Application, Through 2023
Table 51 : North American Market for Industrial Coatings, by Country, Through 2023
Table 52 : U.S. Market for Industrial Coatings, by Application, Through 2023
Table 53 : Canadian Market for Industrial Coatings, by Application, Through 2023
Table 54 : Mexican Market for Industrial Coatings, by Application, Through 2023
Table 55 : Asia-Pacific Market for Industrial Coatings, by Resin Type, Through 2023
Table 56 : Asia-Pacific Market for Industrial Coatings, by Technology, Through 2023
Table 57 : Asia-Pacific Market for Industrial Coatings, by Application, Through 2023
Table 58 : Asia-Pacific Market for Industrial Coatings, by Country, Through 2023
Table 59 : Chinese Market for Industrial Coatings, by Application, Through 2023
Table 60 : Indian Market for Industrial Coatings, by Application, Through 2023
Table 61 : Japanese Market for Industrial Coatings, by Application, Through 2023
Table 62 : Rest of Asia-Pacific Market for Industrial Coatings, by Application, Through 2023
Table 63 : European Market for Industrial Coatings, by Resin Type, Through 2023
Table 64 : European Market for Industrial Coatings, by Technology, Through 2023
Table 65 : European Market for Industrial Coatings, by Application, Through 2023
Table 66 : European Market for Industrial Coatings, by Country, Through 2023
Table 67 : German Market for Industrial Coatings, by Application, Through 2023
Table 68 : French Market for Industrial Coatings, by Application, Through 2023
Table 69 : Italian Market for Industrial Coatings, by Application, Through 2023
Table 70 : Rest of European Market for Industrial Coatings, by Application, Through 2023
Table 71 : South American Market for Industrial Coatings, by Resin Type, Through 2023
Table 72 : South American Market for Industrial Coatings, by Technology, Through 2023
Table 73 : South American Market for Industrial Coatings, by Application, Through 2023
Table 74 : South American Market for Industrial Coatings, by Country, Through 2023
Table 75 : Brazilian Market for Industrial Coatings, by Application, Through 2023
Table 76 : Argentine Market for Industrial Coatings, by Application, Through 2023
Table 77 : Rest of South American Market for Industrial Coatings, by Application, Through 2023
Table 78 : Middle East and African Market for Industrial Coatings, by Resin Type, Through 2023
Table 79 : Middle East and African Market for Industrial Coatings, by Technology, Through 2023
Table 80 : Middle East and African Market for Industrial Coatings, by Application, Through 2023
Table 81 : Middle East and African Market for Industrial Coatings, by Country, Through 2023
Table 82 : Saudi Arabian Market for Industrial Coatings, by Application, Through 2023
Table 83 : U.A.E. Market for Industrial Coatings, by Application, Through 2023
Table 84 : Rest of Middle East and African Market for Industrial Coatings, by Application, Through 2023
Table 85 : Recent Developments in the Industrial Coatings Market, June 2015 Through May 2018
Table 86 : 3M: Financials, 2015-2017
Table 87 : 3M: Products
Table 88 : Akzo Nobel NV: Financials, 2015-2017
Table 89 : Akzo Nobel NV: Products
Table 90 : Axalta Coating Systems: Financials, 2015-2017
Table 91 : Axalta Coating Systems: Products
Table 92 : Hempel A/S: Financials, 2015-2017
Table 93 : Hempel A/S : Products
Table 94 : Jotun: Financials, 2015-2017
Table 95 : Jotun: Products
Table 96 : Kansai Paint Co. Ltd.: Financials, 2015-2017
Table 97 : Kansai Paint Co. Ltd.: Products
Table 98 : Nippon Paint Co. Ltd: Financials, 2015-2017
Table 99 : Nippon Paint Co. Ltd.: Products
Table 100 : PPG Industries Inc.: Financials, 2015-2017
Table 101 : PPG Industries Inc.: Products
Table 102 : RPM International Inc.: Financials, 2016-2018
Table 103 : RPM International Inc.: Products
Table 104 : The Sherwin-Williams Co.: Financials, 2015-2017
Table 105 : The Sherwin-Williams Co.: Products
Table 106 : Acronyms Used in This Report
List of Figures
Summary Figure : Global Market for Industrial Coatings, by Region, 2017-2023
Figure 1 : Value Chain Analysis for Industrial Coatings Market
Figure 2 : Construction Output Growth Rate, 2012-2016 and 2017-2021
Figure 3 : Global Market for Industrial Coatings, by Resin Type, 2017-2023
Figure 4 : Global Industrial Coatings Market Share, by Resin Type, 2018
Figure 5 : Global Market for Epoxy Resin Industrial Coatings, by Region, 2017-2023
Figure 6 : Global Market for Polyurethane Resin Industrial Coatings, by Region, 2017-2023
Figure 7 : Global Market for Acrylic Resin Industrial Coatings, by Region, 2017-2023
Figure 8 : Global Market for Alkyd Resin Industrial Coatings, by Region, 2017-2023
Figure 9 : Global Market for Fluoropolymer Resin Industrial Coatings, by Region, 2017-2023
Figure 10 : Global Market for Polyester Resin Industrial Coatings, by Region, 2017-2023
Figure 11 : Global Market for Other Types of Industrial Coatings, by Region, 2017-2023
Figure 12 : Global Market for Industrial Coatings, by Technology, 2017-2023
Figure 13 : Global Industrial Coatings Market Share, by Technology, 2018
Figure 14 : Global Market for Solvent-Borne Industrial Coatings, by Region, 2017-2023
Figure 15 : Global Market for Waterborne Industrial Coatings, by Region, 2017-2023
Figure 16 : Global Market for Industrial Powder Coating Applications, by Region, 2017-2023
Figure 17 : Global Market for High-Solids Industrial Coatings, by Region, 2017-2023
Figure 18 : Global Market for Radiation-Cured Industrial Coatings, by Region, 2017-2023
Figure 19 : Global Market for the Application of Other Types of Technologies in Industrial Coatings, by Region, 2017-2023
Figure 20 : Global Market for Industrial Coatings, by Application, 2017-2023
Figure 21 : Global Industrial Coatings Market Share, by Application, 2018
Figure 22 : Global Market for Industrial Vehicle Coating Applications, by Region, 2017-2023
Figure 23 : Global Market for Industrial Machinery/Equipment Coating Applications, by Region, 2017-2023
Figure 24 : Global Market for Industrial Coil Coating Applications, by Region, 2017-2023
Figure 25 : Global Market for Industrial Cans and Container Coating Applications, by Region, 2017-2023
Figure 26 : Global Market for Industrial Appliance Coating Applications, by Region, 2017-2023
Figure 27 : Global Market for Industrial Wood Coating Applications, by Region, 2017-2023
Figure 28 : Global Market for Industrial Agriculture Equipment Coating Applications, by Region, 2017-2023
Figure 29 : Global Market for Industrial Plastic Coating Applications, by Region, 2017-2023
Figure 30 : Global Market for Other Industrial Applications, by Region, 2017-2023
Figure 31 : Global Industrial Coatings Market Share, by Region, 2018
Figure 32 : Global Key Player Market Shares of Industrial Coatings, 2017
Figure 33 : 3M: Revenue Share, by Business Segment, 2017
Figure 34 : 3M: Revenue Share, by Region, 2017
Figure 35 : Akzo Nobel NV: Revenue Share, by Business Segment, 2017
Figure 36 : Akzo Nobel NV: Revenue Share, by Region, 2017
Figure 37 : Axalta Coating Systems: Revenue Share, by Business Segment, 2017
Figure 38 : Axalta Coating Systems: Revenue Share, by Region, 2017
Figure 39 : Hempel A/S: Revenue Share, by Region, 2017
Figure 40 : Jotun: Revenue Share, by Business Segment, 2017
Figure 41 : Kansai Paint Co. Ltd.: Revenue Share, by Business Segment, 2017
Figure 42 : Nippon Paint Co. Ltd.: Revenue Share, by Business Segment, 2017
Figure 43 : Nippon Paint Co. Ltd.: Revenue Share, by Region, 2017
Figure 44 : PPG Industries Inc.: Revenue Share, by Business Segment, 2017
Figure 45 : PPG Industries Inc.: Revenue Share, by Region, 2017
Figure 46 : RPM International Inc.: Revenue Share, by Business Segment, 2018
Figure 47 : RPM International Inc.: Revenue Share, by Region, 2018
Figure 48 : The Sherwin-Williams Co.: Revenue Share, by Business Segment, 2017
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