Global Industrial Coatings Market: Size, Trends & Forecasts (2018-2022)
Scope of the Report
The report titled “Global Industrial Coatings Market: Size, Trends & Forecasts (2018-2022)”, provides an in-depth analysis of the global industrial coatings market by value, by volume, by region, by demand, by technology and by end-user etc. The report also provides regional analysis of market by value and by demand for regions like Asia Pacific, EMEA, the US and Canada, Latin America and Rest of World.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global industrial coatings market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The industrial coatings market is dominated by few players, but there are other new players, private label players as well. However, the competition in the global industrial coatings market is dominated by AkzoNobel N.V., PPG Industries, Inc., Axalta Coating Systems and BASF SE., who are also profiled with their financial information and respective business strategies.
Country Coverage
Asia Pacific
EMEA
The US and Canada
Latin America
Rest of World
Company Coverage
AkzoNobel N.V.
PPG Industries, Inc.
Axalta Coating Systems
BASF SE
Executive Summary
A coating is a covering that is applied to the surface of an object. The coating may be applied for various purposes such as, decorative, functional, or both. The coatings are of three types: Architectural Coatings, Industrial Coatings and Special Purpose Coatings.
Industrial coatings are products that are designed specifically for the protective and functional purposes like, protection against sudden temperature fluctuations, particle abrasion, cavitation, and more. Though protection is the underlying goal of industrial coatings, they also can be aesthetic.
The primary aim for applying coatings is to preserve the object that lies beneath in some way. Mostly, industrial coatings are used for corrosion control of concrete and steel, but industrial coatings actually lie under a complex market umbrella and work in numerous areas. Thus, industrial coatings are used for a number of applications.
The industrial coatings can be segmented on the basis of type, technology and end-users. There are two major types of industrial coatings: Organic Coatings (Alkyd Coatings, Epoxy Coating Systems, Polyurethane Coatings) and Inorganic Coatings (Acrylic Coatings, Ceramic Coatings, Intumescent Coatings). On the basis of technology, industrial coatings are segmented into: Liquid Coatings, Electrocoat Coatings, Powder Coatings and Pretreat Coatings. Industrial coatings have various end-users: Automotive OEM, Automotive Refinish, General Industrial, Rail, Coil, Protective, Packaging, Marine, Aerospace, Transportation and Industrial Wood.
The global industrial coatings market has increased at a significant CAGR over the years and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously. The industrial coatings market is expected to increase due to growing demand from automotive, increasing urban population, growing infrastructural investment etc. Yet the market faces some challenges such as legal compliances and volatile raw material prices and availability etc.
The report titled “Global Industrial Coatings Market: Size, Trends & Forecasts (2018-2022)”, provides an in-depth analysis of the global industrial coatings market by value, by volume, by region, by demand, by technology and by end-user etc. The report also provides regional analysis of market by value and by demand for regions like Asia Pacific, EMEA, the US and Canada, Latin America and Rest of World.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global industrial coatings market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The industrial coatings market is dominated by few players, but there are other new players, private label players as well. However, the competition in the global industrial coatings market is dominated by AkzoNobel N.V., PPG Industries, Inc., Axalta Coating Systems and BASF SE., who are also profiled with their financial information and respective business strategies.
Country Coverage
Asia Pacific
EMEA
The US and Canada
Latin America
Rest of World
Company Coverage
AkzoNobel N.V.
PPG Industries, Inc.
Axalta Coating Systems
BASF SE
Executive Summary
A coating is a covering that is applied to the surface of an object. The coating may be applied for various purposes such as, decorative, functional, or both. The coatings are of three types: Architectural Coatings, Industrial Coatings and Special Purpose Coatings.
Industrial coatings are products that are designed specifically for the protective and functional purposes like, protection against sudden temperature fluctuations, particle abrasion, cavitation, and more. Though protection is the underlying goal of industrial coatings, they also can be aesthetic.
The primary aim for applying coatings is to preserve the object that lies beneath in some way. Mostly, industrial coatings are used for corrosion control of concrete and steel, but industrial coatings actually lie under a complex market umbrella and work in numerous areas. Thus, industrial coatings are used for a number of applications.
The industrial coatings can be segmented on the basis of type, technology and end-users. There are two major types of industrial coatings: Organic Coatings (Alkyd Coatings, Epoxy Coating Systems, Polyurethane Coatings) and Inorganic Coatings (Acrylic Coatings, Ceramic Coatings, Intumescent Coatings). On the basis of technology, industrial coatings are segmented into: Liquid Coatings, Electrocoat Coatings, Powder Coatings and Pretreat Coatings. Industrial coatings have various end-users: Automotive OEM, Automotive Refinish, General Industrial, Rail, Coil, Protective, Packaging, Marine, Aerospace, Transportation and Industrial Wood.
The global industrial coatings market has increased at a significant CAGR over the years and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously. The industrial coatings market is expected to increase due to growing demand from automotive, increasing urban population, growing infrastructural investment etc. Yet the market faces some challenges such as legal compliances and volatile raw material prices and availability etc.
1. EXECUTIVE SUMMARY
2. INTRODUCTION
2.1 Coatings: An Overview
2.2 Coatings Segmentation
2.3 Industrial Coatings: An Overview
2.4 Industrial Coatings Segmentation: An overview
2.4.1 Industrial Coatings by Type
2.4.2 Industrial Coatings by Technology
2.4.3 Industrial Coatings by End-User
3. GLOBAL MARKET ANALYSIS
3.1 Global Industrial Coatings Market: An Analysis
3.1.1 Global Industrial Coatings Market by Value
3.1.2 Global Industrial Coatings Market by Volume
3.1.3 Global Industrial Coatings Market Demand by Value
3.1.4 Global Industrial Coatings Market by Region (Asia Pacific, EMEA, the US & Canada and Latin America)
3.1.5 Global Industrial Coatings Market by End User (Powder Coatings, Auto/ Light Truck/ SUV, Container & Closure Finishes, Wood Furniture, Cabinet, Coil Coatings, Non-Wood Furniture & Fixture, Other Industrial, Machinery & Equipment, Paper, Film & Foil, Heavy Truck/Bus/RV, Other Transport, Wood, Comp, Flatstock and Appliance/HVAC)
3.1.6 Global Industrial Coatings Market by Technology (Liquid, Powder, Pretreat and Electrocoat)
3.1.7 Global Industrial Coatings Market Demand by Region (Asia, EME, the US and Canada, and Rest of World)
3.2 Global Industrial Coatings Market: Technology Analysis
3.2.1 Global Liquid Industrial Coatings Market by Value
3.2.2 Global Powder Industrial Coatings Market by Value
3.2.3 Global Pretreat Industrial Coatings Market by Value
3.2.4 Global Electrocoat Industrial Coatings Market by Value
4. REGIONAL MARKET ANALYSIS
4.1 Asia Pacific Industrial Coatings Market: An Analysis
4.1.1 Asia Pacific Industrial Coatings Market by Value
4.1.2 Asia Industrial Coatings Market Demand by Value
4.2 EMEA Industrial Coatings Market: An Analysis
4.2.1 EMEA Industrial Coatings Market by Value
4.2.2 EMEA Industrial Coatings Market Demand by Value
4.3 The US & Canada Industrial Coatings Market: An Analysis
4.3.1 The US & Canada Industrial Coatings Market by Value
4.3.2 The US & Canada Industrial Coatings Market Demand by Value
4.4 Latin America Industrial Coatings Market: An Analysis
4.4.1 Latin America Industrial Coatings Market by Value
4.5 Rest of World Industrial Coatings Market: An Analysis
4.5.1 Rest of World Industrial Coatings Market Demand by Value
5. MARKET DYNAMICS
5.1 Growth Drivers
5.1.1 Rising Automotive Production
5.1.2 Growing Demand for Personal Electronics
5.1.3 Upsurge in Infrastructural Investment
5.1.4 Rising Urban Population
5.1.5 Increasing Aircraft Production
5.1.6 Growing Construction Industry
5.2 Challenges
5.2.1 Environmental Hazards
5.2.2 Legal Compliance Risk
5.2.3 Volatile Raw Material Prices and Availability
5.3 Market Trends
5.3.1 Preference for Water-based Industrial Coatings
5.3.2 Emerging UV-curing Coatings
6. COMPETITIVE LANDSCAPE
6.1 Global Industrial Coatings Market Players by Share
6.2 Global Industrial Coatings Market Players Financial Comparison
7. COMPANY PROFILES
7.1 AkzoNobel N.V.
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 PPG Industries, Inc.
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 Axalta Coating Systems
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 BASF SE
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy
2. INTRODUCTION
2.1 Coatings: An Overview
2.2 Coatings Segmentation
2.3 Industrial Coatings: An Overview
2.4 Industrial Coatings Segmentation: An overview
2.4.1 Industrial Coatings by Type
2.4.2 Industrial Coatings by Technology
2.4.3 Industrial Coatings by End-User
3. GLOBAL MARKET ANALYSIS
3.1 Global Industrial Coatings Market: An Analysis
3.1.1 Global Industrial Coatings Market by Value
3.1.2 Global Industrial Coatings Market by Volume
3.1.3 Global Industrial Coatings Market Demand by Value
3.1.4 Global Industrial Coatings Market by Region (Asia Pacific, EMEA, the US & Canada and Latin America)
3.1.5 Global Industrial Coatings Market by End User (Powder Coatings, Auto/ Light Truck/ SUV, Container & Closure Finishes, Wood Furniture, Cabinet, Coil Coatings, Non-Wood Furniture & Fixture, Other Industrial, Machinery & Equipment, Paper, Film & Foil, Heavy Truck/Bus/RV, Other Transport, Wood, Comp, Flatstock and Appliance/HVAC)
3.1.6 Global Industrial Coatings Market by Technology (Liquid, Powder, Pretreat and Electrocoat)
3.1.7 Global Industrial Coatings Market Demand by Region (Asia, EME, the US and Canada, and Rest of World)
3.2 Global Industrial Coatings Market: Technology Analysis
3.2.1 Global Liquid Industrial Coatings Market by Value
3.2.2 Global Powder Industrial Coatings Market by Value
3.2.3 Global Pretreat Industrial Coatings Market by Value
3.2.4 Global Electrocoat Industrial Coatings Market by Value
4. REGIONAL MARKET ANALYSIS
4.1 Asia Pacific Industrial Coatings Market: An Analysis
4.1.1 Asia Pacific Industrial Coatings Market by Value
4.1.2 Asia Industrial Coatings Market Demand by Value
4.2 EMEA Industrial Coatings Market: An Analysis
4.2.1 EMEA Industrial Coatings Market by Value
4.2.2 EMEA Industrial Coatings Market Demand by Value
4.3 The US & Canada Industrial Coatings Market: An Analysis
4.3.1 The US & Canada Industrial Coatings Market by Value
4.3.2 The US & Canada Industrial Coatings Market Demand by Value
4.4 Latin America Industrial Coatings Market: An Analysis
4.4.1 Latin America Industrial Coatings Market by Value
4.5 Rest of World Industrial Coatings Market: An Analysis
4.5.1 Rest of World Industrial Coatings Market Demand by Value
5. MARKET DYNAMICS
5.1 Growth Drivers
5.1.1 Rising Automotive Production
5.1.2 Growing Demand for Personal Electronics
5.1.3 Upsurge in Infrastructural Investment
5.1.4 Rising Urban Population
5.1.5 Increasing Aircraft Production
5.1.6 Growing Construction Industry
5.2 Challenges
5.2.1 Environmental Hazards
5.2.2 Legal Compliance Risk
5.2.3 Volatile Raw Material Prices and Availability
5.3 Market Trends
5.3.1 Preference for Water-based Industrial Coatings
5.3.2 Emerging UV-curing Coatings
6. COMPETITIVE LANDSCAPE
6.1 Global Industrial Coatings Market Players by Share
6.2 Global Industrial Coatings Market Players Financial Comparison
7. COMPANY PROFILES
7.1 AkzoNobel N.V.
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 PPG Industries, Inc.
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 Axalta Coating Systems
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 BASF SE
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy
LIST OF FIGURES
Figure 1: Functions of Coating
Figure 2: Coatings Segmentation on the Basis of Type
Figure 3: Industrial Coatings by Type
Figure 4: Industrial Coatings by Technology
Figure 5: Industrial Coatings by End-User
Figure 6: Global Industrial Coatings Market by Value; 2015-2017 (US$ Billion)
Figure 7: Global Industrial Coatings Market by Value; 2018-2022 (US$ Billion)
Figure 8: Global Industrial Coatings Market by Volume; 2015-2017 (Million Tonnes)
Figure 9: Global Industrial Coatings Market by Volume; 2018-2022 (Million Tonnes)
Figure 10: Global Industrial Coatings Market Demand by Value; 2016-2017 (US$ Billion)
Figure 11: Global Industrial Coatings Market Demand by Value; 2018-2022 (US$ Billion)
Figure 12: Global Industrial Coatings Market by Region; 2017 (Percentage, %)
Figure 13: Global Industrial Coatings Market by End User; 2017 (Percentage, %)
Figure 14: Global Industrial Coatings Market by Technology; 2017 (Percentage, %)
Figure 15: Global Industrial Coatings Market Demand by Region; 2017 (Percentage, %)
Figure 16: Global Liquid Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 17: Global Powder Industrial Coatings Market by Value; 2017-2022(US$ Billion)
Figure 18: Global Pretreat Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 19: Global Electrocoat Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 20: Asia Pacific Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 21: Asia Industrial Coatings Market Demand by Value; 2017-2022 (US$ Billion)
Figure 22: EMEA Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 23: EMEA Industrial Coatings Market Demand by Value; 2017-2022 (US$ Billion)
Figure 24: The US & Canada Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 25: The US & Canada Industrial Coatings Market Demand by Value; 2017-2022 (US$ Billion)
Figure 26: Latin America Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 27: Rest of World Industrial Coatings Market Demand by Value; 2017-2022 (US$ Billion)
Figure 28: Global Automotive Production; 2013-2017 (Million)
Figure 29: Global Personal Electronics Market by Volume; 2013-2020 (Billion Units)
Figure 30: Global Infrastructural Investment; 2013-2019 (US$ Trillion)
Figure 31: Global Urban Population by Region; 2015-2025 (Billion)
Figure 32: Global Aircraft Production by Value; 2013-2020 (US$ Billion)
Figure 33: Global Construction Industry by Spending; 2014-2022 (US$ Trillion)
Figure 34: Global Industrial Coatings Market Players by Share; 2017 (Percentage, %)
Figure 35: AkzoNobel N.V. Revenue; 2013-2017 (US$ Billion)
Figure 36: AkzoNobel N.V. Revenue by Segment; 2017 (Percentage, %)
Figure 37: AkzoNobel N.V. Revenue by Region; 2017 (Percentage, %)
Figure 38: PPG Industries, Inc. Net Sales; 2013-2017 (US$ Billion)
Figure 39: PPG Industries, Inc. Net Sales by Segment; 2017 (Percentage, %)
Figure 40: PPG Industries, Inc. Net Sales by Region; 2017 (Percentage, %)
Figure 41: Axalta Coating Systems Net Sales; 2013-2017 (US$ Billion)
Figure 42: Axalta Coating Systems Net Sales by Segment; 2017 (Percentage, %)
Figure 43: Axalta Coating Systems Net Sales by Region; 2017 (Percentage, %)
Figure 44: BASF SE Sales; 2013-2017 (US$ Billion)
Figure 45: BASF SE Sales by Segment; 2017 (Percentage, %)
Figure 46: BASF SE Sales by Region; 2017 (Percentage, %)
Figure 1: Functions of Coating
Figure 2: Coatings Segmentation on the Basis of Type
Figure 3: Industrial Coatings by Type
Figure 4: Industrial Coatings by Technology
Figure 5: Industrial Coatings by End-User
Figure 6: Global Industrial Coatings Market by Value; 2015-2017 (US$ Billion)
Figure 7: Global Industrial Coatings Market by Value; 2018-2022 (US$ Billion)
Figure 8: Global Industrial Coatings Market by Volume; 2015-2017 (Million Tonnes)
Figure 9: Global Industrial Coatings Market by Volume; 2018-2022 (Million Tonnes)
Figure 10: Global Industrial Coatings Market Demand by Value; 2016-2017 (US$ Billion)
Figure 11: Global Industrial Coatings Market Demand by Value; 2018-2022 (US$ Billion)
Figure 12: Global Industrial Coatings Market by Region; 2017 (Percentage, %)
Figure 13: Global Industrial Coatings Market by End User; 2017 (Percentage, %)
Figure 14: Global Industrial Coatings Market by Technology; 2017 (Percentage, %)
Figure 15: Global Industrial Coatings Market Demand by Region; 2017 (Percentage, %)
Figure 16: Global Liquid Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 17: Global Powder Industrial Coatings Market by Value; 2017-2022(US$ Billion)
Figure 18: Global Pretreat Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 19: Global Electrocoat Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 20: Asia Pacific Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 21: Asia Industrial Coatings Market Demand by Value; 2017-2022 (US$ Billion)
Figure 22: EMEA Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 23: EMEA Industrial Coatings Market Demand by Value; 2017-2022 (US$ Billion)
Figure 24: The US & Canada Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 25: The US & Canada Industrial Coatings Market Demand by Value; 2017-2022 (US$ Billion)
Figure 26: Latin America Industrial Coatings Market by Value; 2017-2022 (US$ Billion)
Figure 27: Rest of World Industrial Coatings Market Demand by Value; 2017-2022 (US$ Billion)
Figure 28: Global Automotive Production; 2013-2017 (Million)
Figure 29: Global Personal Electronics Market by Volume; 2013-2020 (Billion Units)
Figure 30: Global Infrastructural Investment; 2013-2019 (US$ Trillion)
Figure 31: Global Urban Population by Region; 2015-2025 (Billion)
Figure 32: Global Aircraft Production by Value; 2013-2020 (US$ Billion)
Figure 33: Global Construction Industry by Spending; 2014-2022 (US$ Trillion)
Figure 34: Global Industrial Coatings Market Players by Share; 2017 (Percentage, %)
Figure 35: AkzoNobel N.V. Revenue; 2013-2017 (US$ Billion)
Figure 36: AkzoNobel N.V. Revenue by Segment; 2017 (Percentage, %)
Figure 37: AkzoNobel N.V. Revenue by Region; 2017 (Percentage, %)
Figure 38: PPG Industries, Inc. Net Sales; 2013-2017 (US$ Billion)
Figure 39: PPG Industries, Inc. Net Sales by Segment; 2017 (Percentage, %)
Figure 40: PPG Industries, Inc. Net Sales by Region; 2017 (Percentage, %)
Figure 41: Axalta Coating Systems Net Sales; 2013-2017 (US$ Billion)
Figure 42: Axalta Coating Systems Net Sales by Segment; 2017 (Percentage, %)
Figure 43: Axalta Coating Systems Net Sales by Region; 2017 (Percentage, %)
Figure 44: BASF SE Sales; 2013-2017 (US$ Billion)
Figure 45: BASF SE Sales by Segment; 2017 (Percentage, %)
Figure 46: BASF SE Sales by Region; 2017 (Percentage, %)
LIST OF TABLES
Table 1: Global Industrial Coatings Market Players Financial Comparison; 2017
Table 1: Global Industrial Coatings Market Players Financial Comparison; 2017
