Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

Industrial Coatings Market Size to grow by USD 18.74 billion from 2022 to 2027, The surging demand for waterborne coatings to boost the growth - Technavio

Global Industrial Coatings Market 2023-2027

News provided by

Technavio

Jun 15, 2023, 23:15 ET

Share this article

Share toX

Share this article

Share toX

NEW YORK, June 15, 2023 /PRNewswire/ -- The industrial coatings market size is estimated to grow at a CAGR of 3.81% from 2022 to 2027. The market size is expected to grow by USD 18.74 billion, according to Technavio's latest market research report. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities. Read Sample Report

Continue Reading
Technavio has announced its latest market research report titled Global Industrial Coatings Market 2023-2027
Technavio has announced its latest market research report titled Global Industrial Coatings Market 2023-2027

The report also covers the following areas:

  • Industrial Coatings Market size
  • Industrial Coatings Market trends
  • Industrial Coatings Market industry analysis

Factors such as Surging demand for waterborne coatings, the growing automotive industry in APAC, and Increasing demand for eco-friendly coatings will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The industrial coatings market is fragmented, and the degree of fragmentation will accelerate during the forecast period.

Industrial Coatings Market 2023-2027: Segmentation

The industrial coatings market is segmented by:

  • Technology 
    • Waterborne
    • Solvent-borne
    • Powdered Coatings
    • UV-cured
  • Application 
    • General Industrial
    • Automotive OEMs
    • Automotive Refinishes
    • Packaging And Others
  • Geography 
    • APAC
    • Europe
    • North America
    • Middle East And Africa
    • South America

The market share growth by the waterborne segment is significant during the forecast period. Waterborne paints are mainly composed of aqueous solutions for spreading resin. Other solvents, such as glycol ethers, are added in very small amounts to commercial coatings made with water technology, making them environmentally friendly and easy to apply. Additionally, these coatings have low VOC levels and comply with US and European regulations. Hence, such factors drive the segment growth during the forecast period.

Learn more about the factors assisting the growth of the market, download a sample report!

Industrial Coatings Market 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the industrial coatings market in l4 industry include 3M Co., Akzo Nobel NV, Axalta Coating Systems Ltd., BASF SE, Benjamin Moore and Co., Brillux GmbH and Co. KG, Chugoku Marine Paints Ltd., Cloverdale Paint Inc., DAW SE, Endura Coatings, Hempel AS, Kansai Paint Co. Ltd., Masco Corp., Nippon Paint Holdings Co. Ltd., NOROO Holdings Co. Ltd., Orkla ASA, PPG Industries Inc., RPM International Inc., Teknos Group Oy, and The Sherwin Williams Co.. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the industrial coatings market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

What's New? -

  • Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
  • Global competitiveness and key competitor positions
  • Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings

  • Akzo Nobel NV - The company offers industrial coatings such as Interpon, Sikkens, and Chemcraft.
  • Axalta Coating Systems Ltd. - The company offers industrial coatings such as Alesta, Imron, and Voltatex.
  • BASF SE - The company offers industrial coatings such as MasterProtect, Glasurit, and Chemetall.

Industrial Coatings Market 2023-2027: Market Dynamics

Surging demand for waterborne coatings is a key market driver. Aqueous coatings have multiple advantages and are widely used in the automotive, construction, marine, oil and gas, metallurgical, aerospace, mining, and medical industries. These coatings act as primers, exhibit excellent heat and abrasion resistance, and offer excellent adhesion. Water-based coatings are also relatively cheaper than solvent-based coatings and do not require additives, thinners, or hardeners. Additionally, less water-based coating is required to cover the area compared to other variants.

As a result, the global demand for water-based coatings has increased significantly. Waterborne coatings are becoming more and more important across the industry as coating technology is revolutionized significantly. The demand for water-based paints in the global industrial coatings market is expected to increase during the forecast period, as the major players in the market are using water-based finishes and color-based paints. 

The emergence of self-cleaning and self-healing coatings is a leading trend in the market. The emergence of self-cleaning and self-healing coatings could have a significant impact on corporate coating manufacturers. Manufacturers of self-cleaning and self-healing coatings around the world are investing in research and development to develop paints and coatings that can eliminate the need for multiple coatings on the engine. Such R&D work can be a challenge for manufacturers of commercial coating products.

However, although self-cleaning and self-healing coatings are material properties of coatings, the associated production costs are so high that they must be largely synthesized with the cooperation of coating manufacturers. It slides off easily and leaves no leaf marks. The company offers a self-healing, anti-scratch coating for its vehicles, and this generation has led many automakers to comply with this measure. Therefore, the prevalence of self-healing and self-cleaning coatings is very likely to increase, which could pose serious challenges to the global industrial coatings market during the forecast period. 

Volatile raw material prices are hindering market growth. The prices of raw materials such as binders, pigments, and solvents used in industrial coatings can fluctuate due to various factors such as supply chain disruptions, political tensions, and exchange rate fluctuations. Fluctuations in petrochemical feedstock prices lead to instability in resin prices. Industrial paints are not suitable for all types of surfaces. For example, one-component epoxy coatings are primarily heat cured. 

Furthermore, propylene cannot be used on metal surfaces such as stainless steel or gold due to its mechanical adhesion technology. These factors pose challenges in identifying materials for specific substrates and hinder market growth. Many industrial coatings crack, especially during the curing or drying process. Cracks can change shape during the drying process and exert pressure on the entire coating. Many coatings can dry unevenly and crack the surface. Therefore, material compatibility or cracking may adversely affect the market during the forecast period. 

Industrial Coatings Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will assist industrial coatings market growth during the next five years
  • Estimation of the industrial coatings market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial coatings market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial coatings market vendors

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports:

The extrusion coatings market study is a comprehensive report with in-depth qualitative and quantitative research evaluating the current scenario and analyzing the growth of 4.19% and a CAGR of 5.26% with a market of USD 1.53 billion during the forecast period 2021 to 2026. Furthermore, this report extensively covers extrusion coatings market segmentations by material (polyethylene, ethylene vinyl acetate, ethylene butyl acrylate, and others) and geography (APAC, Europe, North America, the Middle East and Africa, and South America). The increasing demand from the packaging industry is notably driving the extrusion coatings market growth.

The zero friction coatings market size is estimated to grow at a CAGR of 5.6% between 2022 and 2027. The market size is forecast to increase by USD 267.8 million. This zero friction coatings market report extensively covers market segmentation by end-user (automobile and transportation, food and healthcare, energy, general engineering, and others), type (PTFE-based coatings and MOS2-based coatings), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The increasing demand from end-user industries is notably driving market growth.

Industrial Coatings Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.81%

Market growth 2023-2027

USD 18.74 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

3.59

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 57%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3M Co., Akzo Nobel NV, Axalta Coating Systems Ltd., BASF SE, Benjamin Moore and Co., Brillux GmbH and Co. KG, Chugoku Marine Paints Ltd., Cloverdale Paint Inc., DAW SE, Endura Coatings, Hempel AS, Kansai Paint Co. Ltd., Masco Corp., Nippon Paint Holdings Co. Ltd., NOROO Holdings Co. Ltd., Orkla ASA, PPG Industries Inc., RPM International Inc., Teknos Group Oy, and The Sherwin Williams Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022 
  • 3.4 Market outlook: Forecast for 2022-2027
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global industrial coatings market 2017 - 2021
    • Exhibit 18: Historic Market Size – Data Table on global industrial coatings market 2017 - 2021 ($ billion)
  • 4.2 Technology Segment Analysis 2017 - 2021
    • Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ billion)
  • 4.3 Application Segment Analysis 2017 - 2021
    • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
  • 4.4 Geography Segment Analysis 2017 - 2021
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
  • 4.5 Country Segment Analysis 2017 - 2021
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

  • 6.1 Market segments 
    • Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)
  • 6.2 Comparison by Technology 
    • Exhibit 32: Chart on Comparison by Technology
    • Exhibit 33: Data Table on Comparison by Technology
  • 6.3 Waterborne - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Waterborne - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 35: Data Table on Waterborne - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 36: Chart on Waterborne - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Waterborne - Year-over-year growth 2022-2027 (%)
  • 6.4 Solvent-borne - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Solvent-borne - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 39: Data Table on Solvent-borne - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 40: Chart on Solvent-borne - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Solvent-borne - Year-over-year growth 2022-2027 (%)
  • 6.5 Powdered coatings - Market size and forecast 2022-2027 
    • Exhibit 42: Chart on Powdered coatings - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 43: Data Table on Powdered coatings - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 44: Chart on Powdered coatings - Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Powdered coatings - Year-over-year growth 2022-2027 (%)
  • 6.6 UV-cured - Market size and forecast 2022-2027
    • Exhibit 46: Chart on UV-cured - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 47: Data Table on UV-cured - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 48: Chart on UV-cured - Year-over-year growth 2022-2027 (%)
    • Exhibit 49: Data Table on UV-cured - Year-over-year growth 2022-2027 (%)
  • 6.7 Market opportunity by Technology 
    • Exhibit 50: Market opportunity by Technology ($ billion)
    • Exhibit 51: Data Table on Market opportunity by Technology ($ billion)

7 Market Segmentation by Application

  • 7.1 Market segments 
    • Exhibit 52: Chart on Application - Market share 2022-2027 (%)
    • Exhibit 53: Data Table on Application - Market share 2022-2027 (%)
  • 7.2 Comparison by Application 
    • Exhibit 54: Chart on Comparison by Application
    • Exhibit 55: Data Table on Comparison by Application
  • 7.3 General industrial - Market size and forecast 2022-2027 
    • Exhibit 56: Chart on General industrial - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 57: Data Table on General industrial - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 58: Chart on General industrial - Year-over-year growth 2022-2027 (%)
    • Exhibit 59: Data Table on General industrial - Year-over-year growth 2022-2027 (%)
  • 7.4 Automotive OEMs - Market size and forecast 2022-2027
    • Exhibit 60: Chart on Automotive OEMs - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 61: Data Table on Automotive OEMs - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 62: Chart on Automotive OEMs - Year-over-year growth 2022-2027 (%)
    • Exhibit 63: Data Table on Automotive OEMs - Year-over-year growth 2022-2027 (%)
  • 7.5 Automotive refinishes - Market size and forecast 2022-2027 
    • Exhibit 64: Chart on Automotive refinishes - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 65: Data Table on Automotive refinishes - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 66: Chart on Automotive refinishes - Year-over-year growth 2022-2027 (%)
    • Exhibit 67: Data Table on Automotive refinishes - Year-over-year growth 2022-2027 (%)
  • 7.6 Packaging and others - Market size and forecast 2022-2027 
    • Exhibit 68: Chart on Packaging and others - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 69: Data Table on Packaging and others - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 70: Chart on Packaging and others - Year-over-year growth 2022-2027 (%)
    • Exhibit 71: Data Table on Packaging and others - Year-over-year growth 2022-2027 (%)
  • 7.7 Market opportunity by Application 
    • Exhibit 72: Market opportunity by Application ($ billion)
    • Exhibit 73: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 77: Chart on Geographic comparison
    • Exhibit 78: Data Table on Geographic comparison
  • 9.3 APAC - Market size and forecast 2022-2027
    • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027
    • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 North America - Market size and forecast 2022-2027
    • Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.6 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.7 South America - Market size and forecast 2022-2027
    • Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.8 China - Market size and forecast 2022-2027
    • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.9 US - Market size and forecast 2022-2027
    • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.10 Germany - Market size and forecast 2022-2027
    • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.11 Japan - Market size and forecast 2022-2027
    • Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 9.12 France - Market size and forecast 2022-2027
    • Exhibit 115: Chart on France - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 116: Data Table on France - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 117: Chart on France - Year-over-year growth 2022-2027 (%)
    • Exhibit 118: Data Table on France - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 119: Market opportunity by geography ($ billion)
    • Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers 
  • 10.2 Market challenges 
  • 10.3 Impact of drivers and challenges 
    • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends 

11 Vendor Landscape

  • 11.1 Overview 
  • 11.2 Vendor landscape 
    • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 123: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 124: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 125: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 126: Matrix on vendor position and classification
  • 12.3 Akzo Nobel NV 
    • Exhibit 127: Akzo Nobel NV - Overview
    • Exhibit 128: Akzo Nobel NV - Business segments
    • Exhibit 129: Akzo Nobel NV - Key news
    • Exhibit 130: Akzo Nobel NV - Key offerings
    • Exhibit 131: Akzo Nobel NV - Segment focus
  • 12.4 Axalta Coating Systems Ltd. 
    • Exhibit 132: Axalta Coating Systems Ltd. - Overview
    • Exhibit 133: Axalta Coating Systems Ltd. - Business segments
    • Exhibit 134: Axalta Coating Systems Ltd. - Key offerings
    • Exhibit 135: Axalta Coating Systems Ltd. - Segment focus
  • 12.5 BASF SE 
    • Exhibit 136: BASF SE - Overview
    • Exhibit 137: BASF SE - Business segments
    • Exhibit 138: BASF SE - Key news
    • Exhibit 139: BASF SE - Key offerings
    • Exhibit 140: BASF SE - Segment focus
  • 12.6 Chugoku Marine Paints Ltd. 
    • Exhibit 141: Chugoku Marine Paints Ltd. - Overview
    • Exhibit 142: Chugoku Marine Paints Ltd. - Business segments
    • Exhibit 143: Chugoku Marine Paints Ltd. - Key news
    • Exhibit 144: Chugoku Marine Paints Ltd. - Key offerings
    • Exhibit 145: Chugoku Marine Paints Ltd. - Segment focus
  • 12.7 Cloverdale Paint Inc. 
    • Exhibit 146: Cloverdale Paint Inc. - Overview
    • Exhibit 147: Cloverdale Paint Inc. - Product / Service
    • Exhibit 148: Cloverdale Paint Inc. - Key offerings
  • 12.8 Endura Coatings 
    • Exhibit 149: Endura Coatings - Overview
    • Exhibit 150: Endura Coatings - Product / Service
    • Exhibit 151: Endura Coatings - Key offerings
  • 12.9 Hempel AS 
    • Exhibit 152: Hempel AS - Overview
    • Exhibit 153: Hempel AS - Product / Service
    • Exhibit 154: Hempel AS - Key offerings
  • 12.10 Kansai Paint Co. Ltd. 
    • Exhibit 155: Kansai Paint Co. Ltd. - Overview
    • Exhibit 156: Kansai Paint Co. Ltd. - Business segments
    • Exhibit 157: Kansai Paint Co. Ltd. - Key offerings
    • Exhibit 158: Kansai Paint Co. Ltd. - Segment focus
  • 12.11 Nippon Paint Holdings Co. Ltd. 
    • Exhibit 159: Nippon Paint Holdings Co. Ltd. - Overview
    • Exhibit 160: Nippon Paint Holdings Co. Ltd. - Business segments
    • Exhibit 161: Nippon Paint Holdings Co. Ltd. - Key offerings
    • Exhibit 162: Nippon Paint Holdings Co. Ltd. - Segment focus
  • 12.12 NOROO Holdings Co. Ltd. 
    • Exhibit 163: NOROO Holdings Co. Ltd. - Overview
    • Exhibit 164: NOROO Holdings Co. Ltd. - Product / Service
    • Exhibit 165: NOROO Holdings Co. Ltd. - Key offerings
  • 12.13 Orkla ASA 
    • Exhibit 166: Orkla ASA - Overview
    • Exhibit 167: Orkla ASA - Business segments
    • Exhibit 168: Orkla ASA - Key news
    • Exhibit 169: Orkla ASA - Key offerings
    • Exhibit 170: Orkla ASA - Segment focus
  • 12.14 PPG Industries Inc. 
    • Exhibit 171: PPG Industries Inc. - Overview
    • Exhibit 172: PPG Industries Inc. - Business segments
    • Exhibit 173: PPG Industries Inc. - Key offerings
    • Exhibit 174: PPG Industries Inc. - Segment focus
  • 12.15 RPM International Inc. 
    • Exhibit 175: RPM International Inc. - Overview
    • Exhibit 176: RPM International Inc. - Business segments
    • Exhibit 177: RPM International Inc. - Key offerings
    • Exhibit 178: RPM International Inc. - Segment focus
  • 12.16 Teknos Group Oy 
    • Exhibit 179: Teknos Group Oy - Overview
    • Exhibit 180: Teknos Group Oy - Product / Service
    • Exhibit 181: Teknos Group Oy - Key offerings
  • 12.17 The Sherwin Williams Co. 
    • Exhibit 182: The Sherwin Williams Co. - Overview
    • Exhibit 183: The Sherwin Williams Co. - Business segments
    • Exhibit 184: The Sherwin Williams Co. - Key news
    • Exhibit 185: The Sherwin Williams Co. - Key offerings
    • Exhibit 186: The Sherwin Williams Co. - Segment focus

13 Appendix

  • 13.1 Scope of the report 
  • 13.2 Inclusions and exclusions checklist
    • Exhibit 187: Inclusions checklist
    • Exhibit 188: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 189: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 190: Research methodology
    • Exhibit 191: Validation techniques employed for market sizing
    • Exhibit 192: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 193: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

21%

more press release views with 
Request a Demo

Modal title

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2026 Cision US Inc.