Dublin, July 30, 2025 (GLOBE NEWSWIRE) — The “Industrial Coatings Market by type (Acrylic, Alkyd, Polyester, Polyurethane, Epoxy, Fluoropolymer), Technology (Solventborne Coatings, Waterborne Coatings, Powder Coatings), End-use Industry (General Industrial), and Region – Global Forecast to 2030” has been added to ResearchAndMarkets.com’s offering.
The industrial coatings market is projected to expand from USD 112.04 billion in 2024 to USD 142.35 billion by 2030, with a CAGR of 4.12% between 2025 and 2030.
The automotive industry’s increasing demand significantly drives this market’s development. Factors such as rust protection, durable surfaces, and aesthetic enhancements emphasize the importance of coatings in automobiles. With rising global vehicle production, especially in emerging economies, advanced coatings fulfilling essential requirements are becoming imperative. Additionally, the trend towards lightweight materials and electric vehicles necessitates the adoption of cutting-edge coatings, further propelling market growth.
The report profiles key players such as The Sherwin-Williams Company (US), PPG Industries Inc. (US), AkzoNobel N.V. (Netherlands), Axalta Coating Systems LLC (US), Jotun A/S (Norway), Nippon Paint Holdings Co., Ltd. (Japan), Kansai Paint Co., Ltd. (Japan), RPM International Inc. (US), Hempel A/S (Denmark), and BASF Coatings GmbH (Germany).
Powder Coating Technology on the Rise
The industrial coatings market is rapidly gravitating towards powder coatings, projected to experience the highest growth due to their superior performance and eco-friendliness. With low volatile organic compounds (VOCs) emissions, powder coatings are increasingly preferred as regulatory norms tighten.
Their durability, rust resistance, and superior finishes make them popular across various sectors, including automotive, appliances, furniture, and industrial applications. Innovative techniques and the potential to recycle leftover paint bolster their cost-effectiveness, driving significant growth over the forecast period.
Acrylic Resin Leads in Volume
Acrylic resin dominates the market share due to its versatility, affordability, and application flexibility. Widely utilized for industrial and automotive purposes, acrylic coatings are celebrated for their weather resistance, vibrant colors, and rapid drying times.
Available in water and solvent forms, they comply with stringent environmental standards. Their ease of handling and application across diverse industries ensure high usage, cementing their market leadership.
General Industrial Segment Emerging as a Leader
The demand surge for industrial coatings is most prominent in the general industrial sector, driven by increased manufacturing, construction, and the need for robust protective coatings.
This segment includes machinery, metal fabrication, consumer goods, and equipment manufacturing, all of which rely on protective and aesthetic-enhancing coatings. As global industrial production grows, particularly in economically advancing regions, coatings demand in this segment is anticipated to rise.
Europe: A Key Player in the Market
Europe holds the second-largest share in the industrial coatings market. Its mature industry, strict environmental regulations, and robust demand across automotive, general industrial, marine, and construction sectors underpin this position.
The region’s focus on sustainability, driving the shift to environmentally friendly coatings such as waterborne and powder coatings, fuels investments in R&D. Notable demand centers like Germany, France, Italy, and the UK continue to innovate, ensuring Europe remains pivotal in the global market.
The European automotive industry, one of the world’s largest, continues to demand high-performance, corrosion-resistant, and aesthetically pleasing coatings. Additionally, the need for protective coatings is rising due to infrastructure reconstruction and increased investment in construction projects. Despite challenges from strict VOC emission regulations, the region leads in sustainable practices and innovation, ensuring its continued significance in the industrial coatings market.
Key Insights Provided in the Report:
Market Penetration: Insights on industrial coatings offered by global top players.Drivers such as increased automotive demand, regulations favoring VOC-free coatings, powder coating tech advancements, and Asia’s demand boost market growth. Restraints include the higher drying time for waterborne coatings and challenges obtaining thin films in powder coatings. Opportunities rise from nano-coatings use and powder coating prospects in shipbuilding and pipelines.Product Development/Innovation: Details on upcoming technologies, R&D activities, and new launches.Market Development: Analysis of lucrative emerging markets across regions.Market Diversification: Information on new products, untapped regions, and recent market developments.Competitive Assessment: Market shares, strategies, products, and capacity evaluation of leading market players.
Key Attributes:
Report AttributeDetailsNo. of Pages346Forecast Period2025 – 2030Estimated Market Value in 2025112.04 BillionForecasted Market Value by 2030142.35 BillionCompound Annual Growth Rate4.1%Regions CoveredGlobal
Market Dynamics
Drivers
Stringent Environmental Regulations Boosting Demand for Voc-Free CoatingsIncreasing Demand from Automotive IndustryAdvancements in Performance of Industrial CoatingsRapid Industrialization in Asia-PacificHigh Demand for Extended Product Lifetime and Reduced Maintenance
Challenges
Stringent Regulatory Policies
Opportunities
Increasing Demand for Powder Coatings in Shipbuilding and Pipeline SectorsIncreasing Use of Nano-Coatings
Case Studies
High-Quality Powder Coating for Energy SectorPowder Coating Parts Economically in Automotive Quality
Company Profiles
Akzo Nobel N.V.Axalta Coating Systems Ltd.Jotun A/SPpg Industries, Inc.The Sherwin-Williams CompanyNippon Paint Holdings Co. LtdKansai Paint Co. Ltd.Rpm International Inc.Hempel A/SThe Chemours CompanyNoroo Paint & Coatings Co. Ltd.Sk Kaken Co. Ltd.Daw SeTeknos GroupTiger Coatings GmbH & Co. KgAsian Paints LimitedDiamond VogelAdvanced Nanotech LabIgp Pulvertechnik AGNanovere Technologies, LLC.NycoteTeknovace Coatings Pvt LtdGrand Polycoats Company Pvt. Ltd.Endura Coatings, LLCChugoku Marine Paints, Ltd.
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Global Industrial Coatings Market
