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Industrial Coatings Market Outlook 2019-2025: Top Companies, Trends, Growth Factors Details by Regions, Types and Applications

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Global industrial coatings market report covers a widespread analysis of the penetration and application of coatings across various key end-use industries. The industrial coatings industry report provides a thorough analysis of the current and proje
Adroit Market Research
Global Industrial Coatings Market Size
by Resin Type (Acrylic, Epoxy, Alkyd, Polyurethane, Polyester), by
Technology (Solventborne, Waterborne, Powder Coatings and Others),
by End-User (Automotive, Aerospace, Marine, Building and
Construction, packaging and Protective) Region and Forecast 2019 to
2025
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Adroit Market Research
Industrial Coatings Market Size and Forecast 2018-2025
• Global industrial coatings market is currently witnessing to steady growth, and projected to rise with a CAGR of 5.0% from 2019 to 2025.
The global market is considered to exceed the market value of USD 49.0 billion by 2025.
• Global industrial coatings market report covers a widespread analysis of the penetration and application of coatings across various key enduse industries. The industrial coatings industry report provides a thorough analysis of the current and projected market size and projections
for the period of 2015 to 2025, with 2018 being the base year and 2019 to 2025 being the forecasted estimates.
• Global industrial coatings market trends have been analyzed based on the extensive value chain of the paints and coatings market
and macroeconomic trends which support global growth in different geographies. Additionally, market estimates for the key
segments such as by resin type, technology, and end-use application have been provided at the global and country level.
• Furthermore, the report covers the market competition among the leading global and local regional manufacturers along with
company profiles.
• Based on the coating resin types, the epoxy resins segment held a revenue of USD 7.74 Bn in 2018 and is further expected to rise
with 3.5% CAGR from 2019 to 2025. These coatings witness rapid gains as the inner and outer surface coatings in industrial
concrete and metal tanks.
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Adroit Market Research
Industrial Coatings Market Size and Forecast 2018-2025
• Also, these coatings offer excellent resistance to extreme weather conditions and have superior adhesion
properties, owing to which their use as primers. Growth of water-borne coatings in comparison to its
counterparts, due to shifting trend towards environment friendly products containing low VOC and hazardous air
pollutants (HAP) contents is expected to surge the growth of this segment in coming years.
• Additionally, various end-use industries such as automotive and oil & gas industries have increased their demand
for polyurethane based coatings, since they offer excellent robustness to interior and exterior surfaces of
automobiles along with low cost of production.
• Based on the coating resin types, the epoxy resins segment held a revenue of USD 7.74 Bn in 2018 and is
further expected to rise with 3.5% CAGR from 2019 to 2025. These coatings witness rapid gains as the
inner and outer surface coatings in industrial concrete and metal tanks.
• The construction industry is the largest consumer of epoxy water-based coatings since they provide excellent
adhesion to the substrate surfaces such as metal, glass, and fiber.
• Automotive and aerospace industries collectively held a revenue share of over 40% in 2018 and is expected to
rise with a significant CAGR by 2025. Low volatility, corrosion protection of steel pipes and fittings in the oil and
gas industry, industrial water transmission pipelines, and reinforcing bars are some of the other factors supporting
the rising industrial coatings market size.
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Key segments of the Industrial Coatings Market
• Resin Type Overview, 2015-2025 (KiloTons) (USD Million)
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Acrylic
Epoxy
Alkyd
Polyurethane
Polyester
• Technology Overview, 2015-2025 (Kilo Tons) (USD Million)
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•
•
Solvent borne
Water borne
Powder coatings
Others
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About Us
Contact Us
Adroit Market Research is an India-based business analytics and consulting company. Our
target audience is a wide range of corporations, manufacturing companies, product/technology
development institutions and industry associations that require understanding of a market’s
size, key trends, participants and future outlook of an industry. We intend to become our
clients’ knowledge partner and provide them with valuable market insights to help create
opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At
our core, we are curious people who love to identify and understand industry patterns, create
an insightful study around our findings and churn out money-making roadmaps. Our analysts
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals,
semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and
machinery & equipment sectors across the world to identify new opportunities, potential
customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for
companies, and many more.
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