工業用コーティング市場 – 2030年までの世界予測

Industrial Coatings Market - Global Forecast to 2030

工業用コーティング市場 - タイプ(アクリル、アルキド、ポリエステル、ポリウレタン、エポキシ、フッ素ポリマー)、技術(溶剤系塗料、水性塗料、粉体塗料)、最終用途産業(一般工業)、および地域別 - 2030年までの世界予測
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

商品番号 : SMB-49555

出版社MarketsandMarkets
出版年月2025年6月
ページ数346
図表数446
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、工業用コーティング市場を樹脂の種類、技術、最終用途産業、地域に基づいてセグメント化し、様々な地域における市場全体の推定価値(百万米ドル)を示しています。主要業界プレーヤーの詳細な分析を実施し、水性バリアコーティング市場に関連する各社の事業概要、サービス、主要戦略に関する洞察を提供しています。

In terms of value, the industrial coatings market is estimated to grow from USD 112.04 billion in 2024 to USD 142.35 billion by 2030, at a CAGR of 4.12% between 2025 and 2030. The growing demand in the automotive industry is a primary reason for the increased development of the industrial coatings market. Factors such as rust protection, more durable surfaces, and attractive appearances highlight the importance of applying coatings in automobiles. As vehicle production rises globally, particularly in emerging industries, there is a greater need for advanced coatings that fulfill all essential requirements. Additionally, the shift toward lighter materials and a heightened interest in electric vehicles are driving the market to adopt cutting-edge coatings. Continued growth in the automotive sector is expected to significantly contribute to the advancement of industrial coatings.

金額ベースで見ると、工業用コーティング市場は2024年の1,120億4,000万米ドルから2030年には1,423億5,000万米ドルに拡大し、2025年から2030年にかけて4.12%のCAGRで成長すると予測されています。自動車産業における需要の高まりが、工業用コーティング市場の発展加速の主因です。防錆、より耐久性の高い表面、魅力的な外観といった要素は、自動車へのコーティングの重要性を浮き彫りにしています。世界的に自動車生産が増加するにつれ、特に新興産業において、すべての必須要件を満たす高度なコーティングの必要性が高まっています。さらに、軽量素材への移行と電気自動車への関心の高まりにより、市場は最先端のコーティングを採用するようになっています。自動車部門の継続的な成長は、工業用コーティングの進歩に大きく貢献すると予想されます。

工業用コーティング市場 - 2030年までの世界予測
industrial-coatings-market-Overview

“Powder coating technology segment is projected to register the highest CAGR in the industrial coatings market, in terms of value, during the forecast period.”

The industrial coatings market is increasingly shifting towards powder coatings, which are projected to register the fastest growth due to their excellent performance and environmentally friendly nature. Powder coatings emit very low levels of volatile organic compounds (VOCs), making them a popular choice as regulations on these gases become stricter. Their durability, resistance to rust, and impressive finishes make powder coatings widely used in various industries, including automotive, appliances, furniture, and industrial applications. Additionally, innovative methods and the ability to reuse leftover paint result in less waste and enhanced cost-efficiency. As a result, powder coatings are experiencing rapid growth during the forecast period.

“Acrylic resin segment accounted for the largest market share, in terms of volume, in 2024.”

Acrylic resin holds the largest share of the industrial coatings market due to its versatility, affordability, and various application methods. Primarily used for industrial and automotive purposes, acrylic coatings are praised for their weather resistance, vibrant colors, and quick drying times. They can exist in both water and solvent forms, meeting the requirements set by environmental and regulatory authorities. Given that acrylic resins are easy to handle and utilized across multiple industries, their usage remains significantly high across the market world.

“General Industrial segment accounted for the largest market share, in terms of volume, in 2024.”

The fastest rise in demand for industrial coatings is observed in the general industrial sector due to increased manufacturing, more construction, and a heightened use of strong, protective coatings for various products. This segment encompasses machinery, metal fabrication, consumer goods, and equipment manufacturing. All these industries rely on coatings that protect their products from corrosion while enhancing their appearance. With industrial production rising globally, particularly in economically growing countries, the demand for coatings in this market segment is expected to increase in the coming years.

工業用コーティング市場 - 2030年までの世界予測 region
industrial-coatings-market-Region

“Europe accounted for the second-largest share of the overall industrial coatings market, in terms of value, in 2024.”

Europe is the second-largest market in terms of value for industrial coatings due to its mature coating industry, strict environmental regulations, and strong demand in major end-use segments such as automotive, general industrial, marine, and construction. Leading countries in demand include Germany, France, Italy, and the UK, which have well-developed manufacturing facilities and coating technologies. The region is also highly focused on sustainability, driving the shift toward environmentally friendly coating systems like waterborne coatings and powder coatings, which is boosting investments in R&D and the development of environmentally compliant products.

The European automotive industry, one of the largest industries worldwide, continues to drive demand for high-performance industrial coatings, particularly those that are corrosion-resistant and attractive. Moreover, the demand for protective coatings is growing because of the simultaneous reconstruction of outdated infrastructure and the growth of investments in civil and business construction. Strict environmental rules regarding VOC emissions and the use of chemicals have, however, challenged conventional solvent-borne coating, and the shift has been toward low-VOC and advanced formulations. Europe is a center for innovation and sustainable practices in the coatings market despite the latter’s maturity. These factors guarantee that the region will remain a significant force in the global industrial coatings market.

  • By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
  • By Designation: Directors – 50%, Managers – 30%, and Others – 20%
  • By Region: North America – 40%, Europe – 35%, Asia Pacific – 20%, and the Rest of the World – 5%

The key players profiled in the report include The Sherwin-Willaims 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).

工業用コーティング市場 - 2030年までの世界予測 ecosystem
industrial-coatings-market-Ecosystem

Research Coverage

This report segments the market for industrial coatings based on resin type, technology, end-use industry, and region, and provides estimations of value (USD million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, and key strategies associated with the market for water-based barrier coatings.

Reasons to Buy this Report

This research report is focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, and company profiles. Together, these provide an overall view of the competitive landscape, emerging and high-growth segments of the industrial coatings market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on industrial coatings offered by top players in the global market.
  • Analysis of key drivers (increasing demand from the automotive industry, environmental regulations boosting the demand for VOC-free coatings, technological advancements in powder coatings, and the growing demand from Asia), restraints (high drying time for waterborne coatings and difficulty in obtaining thin films in powder coatings), opportunities (increasing use of nanocoatings and attractive prospects for powder coatings in the shipbuilding and pipeline sector), and challenges (stringent regulatory policies) influencing the growth of the industrial coatings market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the industrial coatings market
  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for industrial coatings across regions.
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global industrial coatings market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the industrial coatings market.

Table of Contents

1               INTRODUCTION              30

1.1           STUDY OBJECTIVES       30

1.2           MARKET DEFINITION   30

1.3           STUDY SCOPE   31

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      31

1.3.2        INCLUSIONS AND EXCLUSIONS 32

1.3.3        MARKET DEFINITION AND INCLUSIONS, BY RESIN TYPE                 32

1.3.4        MARKET DEFINITION AND INCLUSIONS, BY TECHNOLOGY  33

1.3.5        MARKET DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY           33

1.3.6        YEARS CONSIDERED      35

1.3.7        CURRENCY CONSIDERED            35

1.3.8        UNITS CONSIDERED      35

1.4           STAKEHOLDERS               35

1.5           SUMMARY OF CHANGES               36

2               RESEARCH METHODOLOGY       37

2.1           RESEARCH DATA              37

2.1.1        SECONDARY DATA          38

2.1.1.1    Key data from secondary sources       38

2.1.2        PRIMARY DATA 38

2.1.2.1    Key primary participants     39

2.1.2.2    Key industry insights           39

2.1.2.3    Breakdown of primary interviews      40

2.2           MARKET SIZE ESTIMATION         40

2.2.1        BOTTOM-UP APPROACH              40

2.2.2        TOP-DOWN APPROACH                42

2.3           DATA TRIANGULATION                43

2.4           GROWTH FORECAST      44

2.4.1        SUPPLY-SIDE ANALYSIS                 44

2.4.2        DEMAND-SIDE ANALYSIS             45

2.5           ASSUMPTIONS  46

2.6           LIMITATIONS    46

2.7           RISK ASSESSMENT           47

3               EXECUTIVE SUMMARY  48

4               PREMIUM INSIGHTS       52

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL COATINGS MARKET             52

4.2           INDUSTRIAL COATINGS MARKET, BY REGION   52

4.3           ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY AND COUNTRY      53

4.4           REGIONAL ANALYSIS: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE  53

4.5           INDUSTRIAL COATINGS MARKET ATTRACTIVENESS                 54

5               MARKET OVERVIEW       55

5.1           INTRODUCTION              55

5.2           MARKET DYNAMICS       55

5.2.1        DRIVERS               56

5.2.1.1    Stringent environmental regulations boosting demand for VOC-free coatings          56

5.2.1.2    Increasing demand from automotive industry 56

5.2.1.3    Advancements in performance of industrial coatings     56

5.2.1.4    Rapid industrialization in Asia Pacific               57

5.2.1.5    High demand for extended product lifetime and reduced maintenance          57

5.2.2        RESTRAINTS      57

5.2.2.1    Difficulty in achieving thin films with powder coatings 57

5.2.2.2    Longer drying time of waterborne coatings     58

5.2.2.3    Volatility in raw material prices of specialty additives and advanced coatings 58

5.2.3        OPPORTUNITIES              58

5.2.3.1    Increasing demand for powder coatings in shipbuilding and pipeline sectors     58

5.2.3.2    Increasing use of nano-coatings         59

5.2.4        CHALLENGES    59

5.2.4.1    Stringent regulatory policies               59

5.3           PORTER’S FIVE FORCES ANALYSIS            60

5.3.1        THREAT OF NEW ENTRANTS      61

5.3.2        THREAT OF SUBSTITUTES          61

5.3.3        BARGAINING POWER OF SUPPLIERS       61

5.3.4        BARGAINING POWER OF BUYERS             62

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 62

5.4           KEY STAKEHOLDERS AND BUYING CRITERIA     62

5.4.1        KEY STAKEHOLDERS IN BUYING PROCESS           62

5.4.2        BUYING CRITERIA           63

5.5           PRICING ANALYSIS          64

5.5.1        AVERAGE SELLING PRICE OF INDUSTRIAL COATINGS OFFERED

BY KEY PLAYERS, BY END-USE INDUSTRY, 2024  64

5.5.2        AVERAGE SELLING PRICE TREND OF INDUSTRIAL COATINGS, BY REGION, 2022–2030            65

5.6           MACROECONOMIC INDICATORS              65

5.6.1        GDP TRENDS AND FORECAST   66

6               INDUSTRY TRENDS         67

6.1           SUPPLY CHAIN ANALYSIS             67

6.2           TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            68

6.3           ECOSYSTEM ANALYSIS  69

6.4           TRADE ANALYSIS             71

6.4.1        IMPORT SCENARIO (HS CODE 3209)        71

6.4.2        EXPORT SCENARIO         72

6.5           TECHNOLOGY ANALYSIS             73

6.5.1        KEY TECHNOLOGIES     73

6.5.1.1    Innovation in coatings         73

6.5.2        COMPLEMENTARY TECHNOLOGIES       74

6.5.2.1    Self-healing materials           74

6.5.2.2    High-performance thin-film composites          75

6.6           CASE STUDY ANALYSIS 75

6.6.1        HIGH-QUALITY POWDER COATING FOR ENERGY SECTOR                75

6.6.2        POWDER COATING PARTS ECONOMICALLY IN AUTOMOTIVE QUALITY               76

6.7           REGULATORY LANDSCAPE         76

6.7.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             76

6.7.2        MAJOR REGULATORY BODIES   77

6.7.3        REGULATORY FRAMEWORK       83

6.7.3.1    REACH: Ensuring safe use of chemicals          83

6.7.3.2    Global Automotive Declarable Substance List (GADSL)                 83

6.7.3.3    End-of-Life Vehicle (ELV) directive 83

6.7.3.4    International Material Data System (IMDS)   84

6.8           KEY CONFERENCES & EVENTS IN 2025–2027          84

6.9           INVESTMENT AND FUNDING SCENARIO               85

6.10         PATENT ANALYSIS          86

6.10.1      APPROACH         86

6.10.2      PATENT TYPES 86

6.10.3      TOP APPLICANTS            91

6.10.4      JURISDICTION ANALYSIS              92

6.11         IMPACT OF AI/GEN AI ON INDUSTRIAL COATINGS MARKET               93

6.12         IMPACT OF 2025 US TARIFF: INDUSTRIAL COATINGS MARKET               94

6.12.1      INTRODUCTION              94

6.12.2      KEY TARIFF RATES          95

6.12.3      PRICE IMPACT ANALYSIS             95

6.12.4      IMPACT ON COUNTRY/REGION                96

6.12.4.1  US           96

6.12.4.2  Europe   96

6.12.4.3  Asia Pacific            97

6.12.5      IMPACT ON END-USE INDUSTRY              98

7               INDUSTRIAL COATINGS MARKET, BY FUNCTIONALITY                 99

7.1           INTRODUCTION              99

7.2           CORROSION RESISTANCE            99

7.3           FIRE RESISTANCE            99

7.4           CHEMICAL RESISTANCE               99

7.5           HEAT RESISTANCE          99

7.6           UV RESISTANCE                100

7.7           ANTI-FOULING 100

7.8           ANTI-STATIC     100

7.9           DECORATIVE COATINGS              100

8               INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY                 101

8.1           INTRODUCTION              102

8.2           WATERBORNE COATINGS            104

8.2.1        INCREASING DEMAND DUE TO EXCELLENT ADHESION AND LOW VOC EMISSION            104

8.3           SOLVENTBORNE COATINGS       106

8.3.1        SOLVENTBORNE FORMULATIONS CONTINUE TO DOMINATE MARKET DUE TO THEIR HIGH PERFORMANCE                 106

8.4           POWDER COATINGS      108

8.4.1        OFFER SUPERIOR PERFORMANCE, COST EFFICIENCY, AND LOW VOC EMISSION            108

8.5           OTHERS                110

9               INDUSTRIAL COATINGS MARKET, BY RESIN TYPE                 113

9.1           INTRODUCTION              114

9.2           ACRYLIC RESIN 116

9.2.1        VERSATILITY AND COST-EFFECTIVENESS           116

9.3           ALKYD RESIN     118

9.3.1        EXCELLENT MECHANICAL PROPERTIES, SUPERIOR DRYING SPEED, HIGH GLOSS, AND LOWER COST THAN ACRYLIC BINDERS           118

9.4           EPOXY RESIN     120

9.4.1        GOOD ADHESION, HIGH CHEMICAL RESISTANCE, AND EXCELLENT PHYSICAL PROPERTIES       120

9.5           POLYESTER RESIN           122

9.5.1        WIDELY USED RESIN TYPE IN HIGH-PERFORMANCE COATINGS          122

9.6           POLYURETHANE RESIN 124

9.6.1        INCREASING DEMAND FOR WATERBORNE POLYURETHANE COATINGS      124

9.7           FLUOROPOLYMER RESIN             126

9.7.1        SUITABLE FOR NON-STICK SURFACES DUE TO GOOD THERMAL STABILITY     126

9.8           OTHER RESIN TYPES      127

10            INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY           130

10.1         INTRODUCTION              131

10.2         GENERAL INDUSTRIAL 134

10.2.1      POPULATION GROWTH, INFRASTRUCTURE GROWTH, AND IMPROVED STANDARD OF LIVING TO DRIVE DEMAND                 134

10.3         PROTECTIVE     136

10.3.1      ASIA PACIFIC EMERGING AS STRATEGIC LOCATION FOR PROTECTIVE COATING MANUFACTURERS                136

10.4         AUTOMOTIVE OEM        138

10.4.1      GROWING DEMAND FOR ELECTRIC VEHICLES  138

10.5         INDUSTRIAL WOOD       140

10.5.1      INCREASING CONSTRUCTION AND INFRASTRUCTURAL ACTIVITIES TO DRIVE DEMAND               140

10.6         AUTOMOTIVE REFINISH               141

10.6.1      INCREASING NUMBER OF ACCIDENTS PROPELLING DEMAND             141

10.7         COIL      143

10.7.1      DURABLE SURFACE, GREEN BENEFITS, AND COST BENEFITS TO DRIVE MARKET    143

10.8         PACKAGING       145

10.8.1      IMPROVING LIFESTYLE AND CHANGING FOOD HABITS FUELING DEMAND FOR PACKAGING COATINGS               145

10.9         MARINE                146

10.9.1      SLOW GROWTH OF SHIPBUILDING SECTOR HAMPERING DEMAND FOR MARINE COATINGS                146

10.10       AEROSPACE       148

10.10.1   DEVELOPMENT OF CHROME-FREE COATING TECHNOLOGY AUGMENTING MARKET GROWTH            148

10.11       RAIL       150

10.11.1   ADVANCEMENT IN HIGH-SPEED TRAIN INDUSTRY BOOSTING RAIL COATINGS MARKET     150

11            INDUSTRIAL COATINGS MARKET, BY REGION   152

11.1         INTRODUCTION              153

11.2         NORTH AMERICA             155

11.2.1      US           162

11.2.1.1  Presence of major manufacturers to drive market growth                 162

11.2.2      CANADA               163

11.2.2.1  High export of furniture to boost demand        163

11.2.3      MEXICO                165

11.2.3.1  High export of electronic products to drive market        165

11.3         EUROPE               166

11.3.1      GERMANY           174

11.3.1.1  Growing economy and rising appliances industry to drive growth                 174

11.3.2      RUSSIA 176

11.3.2.1  Growing population leading to rise in demand for automotive industrial coatings                 176

11.3.3      UK          177

11.3.3.1  Growing automotive industry and rising investment in R&D to boost demand        177

11.3.4      FRANCE                179

11.3.4.1  Adoption of innovative technologies to drive demand   179

11.3.5      ITALY    180

11.3.5.1  Growing demand from end-use industries to boost market growth                 180

11.3.6      SPAIN    182

11.3.6.1  Growing automotive industry to drive demand               182

11.3.7      TURKEY                183

11.3.7.1  Rapid urbanization and diversification in consumer goods to impact market positively     183

11.4         ASIA PACIFIC     185

11.4.1      CHINA  193

11.4.1.1  Foreign investments to drive market 193

11.4.2      INDIA    195

11.4.2.1  Government initiatives to help industries grow               195

11.4.3      JAPAN   196

11.4.3.1  Automotive and marine industries to drive demand       196

11.4.4      INDONESIA        198

11.4.4.1  Increasing penetration of Japanese car manufacturers to drive market    198

11.4.5      THAILAND          199

11.4.5.1  Automotive industry to contribute significantly to market growth                 199

11.5         MIDDLE EAST & AFRICA                201

11.5.1      GCC       208

11.5.1.1  Saudi Arabia          208

11.5.1.1.1                Significant government investments in infrastructure development          208

11.5.1.2  UAE        210

11.5.1.2.1                Increasing focus on developing regulatory mechanisms and R&D capabilities to drive market                210

11.5.2      SOUTH AFRICA 211

11.5.2.1  Significant demand for automobiles to boost market     211

11.5.3      EGYPT  213

11.5.3.1  Automotive industry to drive market 213

11.6         SOUTH AMERICA             214

11.6.1      BRAZIL 221

11.6.1.1  Investment partnership program to promote private sector participation in infrastructure development to drive market         221

11.6.2      ARGENTINA       222

11.6.2.1  Increase in population and improved economic conditions to drive demand        222

12            COMPETITIVE LANDSCAPE         225

12.1         INTRODUCTION              225

12.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            225

12.3         MARKET SHARE ANALYSIS, 2024                 227

12.4         REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2021–2024                 229

12.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 230

12.5.1      STARS   230

12.5.2      EMERGING LEADERS     230

12.5.3      PERVASIVE PLAYERS      230

12.5.4      PARTICIPANTS 230

12.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         232

12.5.5.1  Company footprint               232

12.5.5.2  Region footprint   233

12.5.5.3  Resin type footprint              234

12.5.5.4  Technology footprint           235

12.5.5.5  End-use industry footprint 236

12.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        238

12.6.1      PROGRESSIVE COMPANIES         238

12.6.2      RESPONSIVE COMPANIES            238

12.6.3      DYNAMIC COMPANIES  238

12.6.4      STARTING BLOCKS         238

12.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 239

12.6.5.1  Detailed list of key startups/SMES   239

12.6.5.2  Competitive benchmarking of key startups/SMEs          240

12.7         BRAND/PRODUCT COMPARISON ANALYSIS        241

12.8         COMPANY VALUATION AND FINANCIAL METRICS                 242

12.9         COMPETITIVE SCENARIO             243

12.9.1      PRODUCT LAUNCHES   243

12.9.2      DEALS  249

12.9.3      EXPANSIONS     255

12.9.4      OTHER DEVELOPMENTS              259

13            COMPANY PROFILES      261

13.1         KEY PLAYERS     261

13.1.1      AKZO NOBEL N.V.            261

13.1.1.1  Business overview 261

13.1.1.2  Products/Solutions/Services offered 262

13.1.1.3  Recent developments           263

13.1.1.3.1                Product launches  263

13.1.1.3.2                Deals      264

13.1.1.3.3                Expansions             266

13.1.1.3.4                Other developments             267

13.1.1.4  MnM view              268

13.1.1.4.1                Right to win           268

13.1.1.4.2                Strategic choices   268

13.1.1.4.3                Weaknesses and competitive threats 268

13.1.2      AXALTA COATING SYSTEMS LTD.            269

13.1.2.1  Business overview 269

13.1.2.2  Products/Solutions/Services offered 270

13.1.2.3  Recent developments           272

13.1.2.3.1                Product launches  272

13.1.2.3.2                Deals      274

13.1.2.3.3                Expansions             275

13.1.2.3.4                Other developments             276

13.1.2.4  MnM view              276

13.1.2.4.1                Right to win           276

13.1.2.4.2                Strategic choices   276

13.1.2.4.3                Weaknesses and competitive threats 277

13.1.3      JOTUN A/S          278

13.1.3.1  Business overview 278

13.1.3.2  Products/Solutions/Services offered 279

13.1.3.3  Recent developments           280

13.1.3.3.1                Product launches  280

13.1.3.3.2                Deals      281

13.1.3.3.3                Expansions             282

13.1.3.3.4                Other developments             282

13.1.3.4  MnM view              282

13.1.3.4.1                Right to win           282

13.1.3.4.2                Strategic choices   282

13.1.3.4.3                Weaknesses and competitive threats 283

13.1.4      PPG INDUSTRIES, INC.  284

13.1.4.1  Business overview 284

13.1.4.2  Products/Solutions/Services offered 285

13.1.4.3  Recent developments           287

13.1.4.3.1                Product launches  287

13.1.4.3.2                Deals      289

13.1.4.3.3                Expansions             291

13.1.4.3.4                Other developments             292

13.1.4.4  MnM view              292

13.1.4.4.1                Right to win           292

13.1.4.4.2                Strategic choices   292

13.1.4.4.3                Weaknesses and competitive threats 293

13.1.5      THE SHERWIN-WILLIAMS COMPANY      294

13.1.5.1  Business overview 294

13.1.5.2  Products/Solutions/Services offered 295

13.1.5.3  Recent developments           296

13.1.5.3.1                Product launches  296

13.1.5.3.2                Deals      297

13.1.5.4  MnM view              298

13.1.5.4.1                Right to win           298

13.1.5.4.2                Strategic choices   298

13.1.5.4.3                Weaknesses and competitive threats 298

13.1.6      NIPPON PAINT HOLDINGS CO., LTD       299

13.1.6.1  Business overview 299

13.1.6.2  Products/Solutions/Services offered 300

13.1.6.3  Recent developments           302

13.1.6.3.1                Product launches  302

13.1.6.3.2                Deals      302

13.1.6.3.3                Expansions             303

13.1.7      KANSAI PAINT CO., LTD.               304

13.1.7.1  Business overview 304

13.1.7.2  Products/Solutions/Services offered 305

13.1.7.3  Recent developments           306

13.1.7.3.1                Deals      306

13.1.8      RPM INTERNATIONAL INC.         307

13.1.8.1  Business overview 307

13.1.8.2  Products/Solutions/Services offered 308

13.1.8.3  Recent developments           310

13.1.8.3.1                Expansions             310

13.1.9      HEMPEL A/S       311

13.1.9.1  Business overview 311

13.1.9.2  Products/Solutions/Services offered 312

13.1.9.3  Recent developments           313

13.1.9.3.1                Product launches  313

13.1.9.3.2                Deals      314

13.1.9.3.3                Expansions             315

13.1.9.3.4                Other developments             315

13.1.10   THE CHEMOURS COMPANY        316

13.1.10.1                 Business overview 316

13.1.10.2                 Products/Solutions/Services offered 317

13.2         OTHER PLAYERS              318

13.2.1      NOROO PAINT & COATINGS CO., LTD.  318

13.2.2      SK KAKEN CO., LTD.       318

13.2.3      DAW SE 319

13.2.4      TEKNOS GROUP               319

13.2.5      TIGER COATINGS GMBH & CO. KG           320

13.2.6      ASIAN PAINTS LIMITED 320

13.2.7      DIAMOND VOGEL           321

13.2.8      ADVANCED NANOTECH LAB      322

13.2.9      IGP PULVERTECHNIK AG             323

13.2.10   NANOVERE TECHNOLOGIES, LLC.           324

13.2.11   NYCOTE               325

13.2.12   TEKNOVACE COATINGS PVT LTD            326

13.2.13   GRAND POLYCOATS COMPANY PVT. LTD.           327

13.2.14   ENDURA COATINGS, LLC              327

13.2.15   CHUGOKU MARINE PAINTS, LTD.            328

14            ADJACENT & RELATED MARKETS             329

14.1         INTRODUCTION              329

14.2         LIMITATIONS    329

14.3         ARCHITECTURAL COATINGS     329

14.3.1      MARKET DEFINITION   329

14.3.2      MARKET OVERVIEW       329

14.4         ARCHITECTURAL COATINGS MARKET, BY REGION                 330

14.4.1      ASIA PACIFIC     331

14.4.2      EUROPE               333

14.4.3      NORTH AMERICA             335

14.4.4      MIDDLE EAST & AFRICA                336

14.4.5      SOUTH AMERICA             337

15            APPENDIX           339

15.1         DISCUSSION GUIDE        339

15.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                342

15.3         AVAILABLE CUSTOMIZATIONS 344

15.4         RELATED REPORTS         344

15.5         AUTHOR DETAILS           345

LIST OF TABLES

TABLE 1                INDUSTRIAL COATINGS MARKET: RISK ASSESSMENT     47

TABLE 2                INDUSTRIAL COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS 60

TABLE 3                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE MAJOR END-USE SEGMENTS                 63

TABLE 4                KEY BUYING CRITERIA TOP THREE END-USE INDUSTRIES OF

INDUSTRIAL COATINGS                63

TABLE 5                AVERAGE SELLING PRICE OF INDUSTRIAL COATINGS OFFERED BY KEY PLAYERS, BY END-USE INDUSTRY, 2024 (USD/KG)  64

TABLE 6                GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2030 (USD BILLION) 66

TABLE 7                INDUSTRIAL COATINGS MARKET: ROLE IN ECOSYSTEM       70

TABLE 8                IMPORT DATA OF INDUSTRIAL COATINGS, BY REGION, 2019–2024 (USD MILLION)          71

TABLE 9                EXPORT DATA OF INDUSTRIAL COATINGS, BY REGION, 2019–2024 (USD MILLION)          72

TABLE 10              GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           77

TABLE 11              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 78

TABLE 12              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           79

TABLE 13              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 81

TABLE 14              SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 81

TABLE 15              MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 82

TABLE 16              INDUSTRIAL COATINGS MARKET: DETAILED LIST OF CONFERENCES & EVENTS           84

TABLE 17              INDUSTRIAL COATINGS MARKET: FUNDING/INVESTMENT SCENARIO, 2020–2024   85

TABLE 18              INDUSTRIAL COATING MATERIALS MARKET: PATENT STATUS, 2014–2024         86

TABLE 19              INDUSTRIAL COATINGS MARKET: LIST OF MAJOR PATENTS, 2014–2024         88

TABLE 20              PATENTS BY BASF SE, 2024           91

TABLE 21              TOP 10 PATENT OWNERS IN US, 2014–2024                 91

TABLE 22              US ADJUSTED RECIPROCAL TARIFF RATES                 95

TABLE 23              INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (USD MILLION)            102

TABLE 24              INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION)            103

TABLE 25              INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)    103

TABLE 26              INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)    103

TABLE 27              WATERBORNE: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            105

TABLE 28              WATERBORNE: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            105

TABLE 29              WATERBORNE: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (KILOTON)     105

TABLE 30              WATERBORNE: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (KILOTON)     106

TABLE 31              SOLVENTBORNE: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            106

TABLE 32              SOLVENTBORNE: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            107

TABLE 33              SOLVENTBORNE: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (KILOTON)     107

TABLE 34              SOLVENTBORNE: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (KILOTON)     108

TABLE 35              POWDER COATINGS: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            109

TABLE 36              POWDER COATINGS: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            109

TABLE 37              POWDER COATINGS: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (KILOTON)     110

TABLE 38              POWDER COATINGS: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (KILOTON)     110

TABLE 39              OTHERS: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (USD MILLION)          111

TABLE 40              OTHERS: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (USD MILLION)          111

TABLE 41              OTHERS: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)  111

TABLE 42              OTHERS: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)  112

TABLE 43              INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2020–2024 (USD MILLION)                114

TABLE 44              INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2025–2030 (USD MILLION)                115

TABLE 45              INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2020–2024 (KILOTON)        115

TABLE 46              INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2025–2030 (KILOTON)        116

TABLE 47              ACRYLIC: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            117

TABLE 48              ACRYLIC: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            117

TABLE 49              ACRYLIC: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)  118

TABLE 50              ACRYLIC: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)  118

TABLE 51              ALKYD: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (USD MILLION)          119

TABLE 52              ALKYD: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (USD MILLION)          119

TABLE 53              ALKYD: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)  120

TABLE 54              ALKYD: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)  120

TABLE 55              EPOXY: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (USD MILLION)          121

TABLE 56              EPOXY: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (USD MILLION)          121

TABLE 57              EPOXY: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)  122

TABLE 58              EPOXY: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)  122

TABLE 59              POLYESTER: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            123

TABLE 60              POLYESTER: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            123

TABLE 61              POLYESTER: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)            123

TABLE 62              POLYESTER: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)            124

TABLE 63              POLYURETHANE: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            124

TABLE 64              POLYURETHANE: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            125

TABLE 65              POLYURETHANE: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (KILOTON)     125

TABLE 66              POLYURETHANE: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (KILOTON)     125

TABLE 67              FLUOROPOLYMER: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            126

TABLE 68              FLUOROPOLYMER: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            126

TABLE 69              FLUOROPOLYMER: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (KILOTON)     127

TABLE 70              FLUOROPOLYMER: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (KILOTON)     127

TABLE 71              OTHER RESIN TYPES: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            128

TABLE 72              OTHER RESIN TYPES: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            128

TABLE 73              OTHER RESIN TYPES: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (KILOTON)     128

TABLE 74              OTHER RESIN TYPES: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (KILOTON)     129

TABLE 75              INDUSTRIAL COATINGS: END-USE INDUSTRY AND APPLICATION         131

TABLE 76              INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            132

TABLE 77              INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            133

TABLE 78              INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)             133

TABLE 79              INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             134

TABLE 80              GENERAL INDUSTRIAL: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            135

TABLE 81              GENERAL INDUSTRIAL: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            135

TABLE 82              GENERAL INDUSTRIAL: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (KILOTON)     135

TABLE 83              GENERAL INDUSTRIAL: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (KILOTON)     136

TABLE 84             PROTECTIVE: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            136

TABLE 85             PROTECTIVE: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            136

TABLE 86             PROTECTIVE: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)            137

TABLE 87             PROTECTIVE: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)            137

TABLE 88              AUTOMOTIVE OEM: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            138

TABLE 89              AUTOMOTIVE OEM: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            139

TABLE 90              AUTOMOTIVE OEM: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (KILOTON)     139

TABLE 91              AUTOMOTIVE OEM: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (KILOTON)     139

TABLE 92              INDUSTRIAL WOOD: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            140

TABLE 93              INDUSTRIAL WOOD: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            140

TABLE 94              INDUSTRIAL WOOD: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (KILOTON)     141

TABLE 95              INDUSTRIAL WOOD: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (KILOTON)     141

TABLE 96              KEY PLAYERS IN AUTOMOTIVE REFINISH COATINGS MARKET       141

TABLE 97              AUTOMOTIVE REFINISH: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            142

TABLE 98              AUTOMOTIVE REFINISH: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            142

TABLE 99              AUTOMOTIVE REFINISH: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (KILOTON)     142

TABLE 100            AUTOMOTIVE REFINISH: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (KILOTON)     143

TABLE 101            COIL: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (USD MILLION)          143

TABLE 102            COIL: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (USD MILLION)          144

TABLE 103            COIL: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)  144

TABLE 104            COIL: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)  144

TABLE 105            PACKAGING: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            145

TABLE 106            PACKAGING: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            145

TABLE 107            PACKAGING: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)            146

TABLE 108            PACKAGING: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)            146

TABLE 109            MARINE: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (USD MILLION)          147

TABLE 110            MARINE: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (USD MILLION)          147

TABLE 111            MARINE: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)  148

TABLE 112            MARINE: INDUSTRIAL COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)  148

TABLE 113            AEROSPACE: INDUSTRIAL COATINGS MARKET, BY REGION,

2020–2024 (USD MILLION)            149

TABLE 114            AEROSPACE: INDUSTRIAL COATINGS MARKET, BY REGION,

2025–2030 (USD MILLION)            149

TABLE 115            AEROSPACE: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)            149

TABLE 116            AEROSPACE: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)            150

TABLE 117            RAIL: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (USD MILLION)          150

TABLE 118            RAIL: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (USD MILLION)          151

TABLE 119            RAIL: INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)  151

TABLE 120            RAIL: INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)  151

TABLE 121            INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (USD MILLION)            153

TABLE 122            INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (USD MILLION)            154

TABLE 123            INDUSTRIAL COATINGS MARKET, BY REGION, 2020–2024 (KILOTON)     154

TABLE 124            INDUSTRIAL COATINGS MARKET, BY REGION, 2025–2030 (KILOTON)     154

TABLE 125            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2020–2024 (USD MILLION)            156

TABLE 126            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2025–2030 (USD MILLION)            156

TABLE 127            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2020–2024 (KILOTON)     157

TABLE 128            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2025–2030 (KILOTON)     157

TABLE 129            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            157

TABLE 130            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            158

TABLE 131            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     158

TABLE 132            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     158

TABLE 133            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            159

TABLE 134            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            159

TABLE 135            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2020–2024 (KILOTON)     160

TABLE 136            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     160

TABLE 137            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            161

TABLE 138            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            161

TABLE 139            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2020–2024 (KILOTON)     161

TABLE 140            NORTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2025–2030 (KILOTON)     162

TABLE 141            US: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            162

TABLE 142            US: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            162

TABLE 143            US: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)    163

TABLE 144            US: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)    163

TABLE 145            CANADA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            164

TABLE 146            CANADA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            164

TABLE 147            CANADA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     164

TABLE 148            CANADA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     165

TABLE 149            MEXICO: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            165

TABLE 150            MEXICO: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            165

TABLE 151            MEXICO: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     166

TABLE 152            MEXICO: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     166

TABLE 153            EUROPE: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2020–2024 (USD MILLION)            167

TABLE 154            EUROPE: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2025–2030 (USD MILLION)            168

TABLE 155            EUROPE: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2020–2024 (KILOTON)           168

TABLE 156            EUROPE: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE, 2025–2030 (KILOTON)           169

TABLE 157            EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            169

TABLE 158            EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            169

TABLE 159            EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     170

TABLE 160            EUROPE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     170

TABLE 161            EUROPE: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            170

TABLE 162            EUROPE: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            171

TABLE 163            EUROPE: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2020–2024 (KILOTON)     171

TABLE 164            EUROPE: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     172

TABLE 165            EUROPE: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            172

TABLE 166            EUROPE: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            173

TABLE 167            EUROPE: INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2020–2024 (KILOTON)              173

TABLE 168            EUROPE: INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2025–2030 (KILOTON)              174

TABLE 169            GERMANY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            174

TABLE 170            GERMANY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            175

TABLE 171            GERMANY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     175

TABLE 172            GERMANY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     175

TABLE 173            RUSSIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            176

TABLE 174            RUSSIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            176

TABLE 175            RUSSIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     176

TABLE 176            RUSSIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     177

TABLE 177            UK: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            177

TABLE 178            UK: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            178

TABLE 179            UK: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)    178

TABLE 180            UK: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)    178

TABLE 181            FRANCE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            179

TABLE 182            FRANCE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            179

TABLE 183            FRANCE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     180

TABLE 184            FRANCE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     180

TABLE 185            ITALY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            180

TABLE 186            ITALY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            181

TABLE 187            ITALY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)    181

TABLE 188            ITALY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)    181

TABLE 189            SPAIN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            182

TABLE 190            SPAIN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            182

TABLE 191            SPAIN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)    183

TABLE 192            SPAIN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)    183

TABLE 193            TURKEY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            184

TABLE 194            TURKEY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            184

TABLE 195            TURKEY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     184

TABLE 196            TURKEY: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     185

TABLE 197            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2020–2024 (USD MILLION)            186

TABLE 198            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2025–2030 (USD MILLION)            187

TABLE 199            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2020–2024 (KILOTON)     187

TABLE 200            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2025–2030 (KILOTON)     188

TABLE 201            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            188

TABLE 202            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            188

TABLE 203            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     189

TABLE 204            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     189

TABLE 205            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            189

TABLE 206            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            190

TABLE 207            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2020–2024 (KILOTON)     190

TABLE 208            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     191

TABLE 209            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            191

TABLE 210            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            192

TABLE 211            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2020–2024 (KILOTON)     192

TABLE 212            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2025–2030 (KILOTON)     193

TABLE 213            CHINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            193

TABLE 214            CHINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            194

TABLE 215            CHINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)    194

TABLE 216            CHINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)    194

TABLE 217            INDIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            195

TABLE 218            INDIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            195

TABLE 219            INDIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)    196

TABLE 220            INDIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)    196

TABLE 221            JAPAN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            196

TABLE 222            JAPAN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            197

TABLE 223            JAPAN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)    197

TABLE 224            JAPAN: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)    197

TABLE 225            INDONESIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            198

TABLE 226            INDONESIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            198

TABLE 227            INDONESIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     199

TABLE 228            INDONESIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     199

TABLE 229            THAILAND: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            200

TABLE 230            THAILAND: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            200

TABLE 231            THAILAND: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     200

TABLE 232            THAILAND: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     201

TABLE 233            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2020–2024 (USD MILLION)            201

TABLE 234            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2025–2030 (USD MILLION)            202

TABLE 235            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2020–2024 (KILOTON)     202

TABLE 236            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2025–2030 (KILOTON)     203

TABLE 237            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (USD MILLION)            203

TABLE 238            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION)            203

TABLE 239            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)                 204

TABLE 240            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)                 204

TABLE 241            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)            204

TABLE 242            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            205

TABLE 243            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)         205

TABLE 244            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)         206

TABLE 245            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            206

TABLE 246            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            207

TABLE 247            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2020–2024 (KILOTON)     207

TABLE 248            MIDDLE EAST & AFRICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2025–2030 (KILOTON)     208

TABLE 249            SAUDI ARABIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            208

TABLE 250            SAUDI ARABIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            209

TABLE 251            SAUDI ARABIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     209

TABLE 252            SAUDI ARABIA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     209

TABLE 253            UAE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            210

TABLE 254            UAE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            210

TABLE 255            UAE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)    211

TABLE 256            UAE: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)    211

TABLE 257            SOUTH AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            212

TABLE 258            SOUTH AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            212

TABLE 259            SOUTH AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     212

TABLE 260            SOUTH AFRICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     213

TABLE 261            EGYPT: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            213

TABLE 262            EGYPT: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            213

TABLE 263            EGYPT: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2020–2024 (KILOTON)    214

TABLE 264            EGYPT: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2025–2030 (KILOTON)    214

TABLE 265            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2020–2024 (USD MILLION)            215

TABLE 266            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2025–2030 (USD MILLION)            215

TABLE 267            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2020–2024 (KILOTON)     216

TABLE 268            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY RESIN TYPE,

2025–2030 (KILOTON)     216

TABLE 269            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            216

TABLE 270            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            217

TABLE 271            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     217

TABLE 272            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     217

TABLE 273            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            218

TABLE 274            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            218

TABLE 275            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2020–2024 (KILOTON)     219

TABLE 276            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     219

TABLE 277            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            220

TABLE 278            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            220

TABLE 279            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2020–2024 (KILOTON)     220

TABLE 280            SOUTH AMERICA: INDUSTRIAL COATINGS MARKET, BY COUNTRY,

2025–2030 (KILOTON)     221

TABLE 281            BRAZIL: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            221

TABLE 282            BRAZIL: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            221

TABLE 283            BRAZIL: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     222

TABLE 284            BRAZIL: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     222

TABLE 285            ARGENTINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (USD MILLION)            223

TABLE 286            ARGENTINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            223

TABLE 287            ARGENTINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2020–2024 (KILOTON)     223

TABLE 288            ARGENTINA: INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY,

2025–2030 (KILOTON)     224

TABLE 289            STRATEGIES ADOPTED BY KEY INDUSTRIAL COATING MANUFACTURERS,

JANUARY 2019–JANUARY 2025     225

TABLE 290            INDUSTRIAL COATINGS MARKET: DEGREE OF COMPETITION 227

TABLE 291            INDUSTRIAL COATINGS MARKET: REGION FOOTPRINT       233

TABLE 292            INDUSTRIAL COATINGS MARKET: RESIN TYPE FOOTPRINT       234

TABLE 293            INDUSTRIAL COATINGS MARKET: TECHNOLOGY FOOTPRINT        235

TABLE 294            INDUSTRIAL COATINGS MARKET: END-USE INDUSTRY FOOTPRINT 236

TABLE 295            INDUSTRIAL COATINGS MARKET: KEY STARTUPS/SMES              239

TABLE 296            INDUSTRIAL COATINGS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES                 240

TABLE 297            INDUSTRIAL COATINGS MARKET: PRODUCT LAUNCHES,

JANUARY 2019–JANUARY 2025     243

TABLE 298            INDUSTRIAL COATINGS MARKET: DEALS, JANUARY 2019–JANUARY 2025     249

TABLE 299            INDUSTRIAL COATINGS MARKET: EXPANSIONS, JANUARY 2019–JANUARY 2025     255

TABLE 300            INDUSTRIAL COATINGS MARKET: OTHER DEVELOPMENTS,

JANUARY 2019–JANUARY 2025     259

TABLE 301            AKZONOBEL N.V.: COMPANY OVERVIEW                 261

TABLE 302            AKZO NOBEL N.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    262

TABLE 303            AKZO NOBEL N.V.: PRODUCT LAUNCHES, JANUARY 2029–JANUARY 2025     263

TABLE 304            AKZO NOBEL N.V.: DEALS, JANUARY 2029–JANUARY 2025    264

TABLE 305            AKZO NOBEL N.V.: EXPANSIONS, JANUARY 2029–JANUARY 2025    266

TABLE 306            AKZO NOBEL N.V.: OTHER DEVELOPMENTS, JANUARY 2029–JANUARY 2025     267

TABLE 307            AXALTA COATING SYSTEMS LTD.: COMPANY OVERVIEW          269

TABLE 308            AXALTA COATING SYSTEMS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    270

TABLE 309            AXALTA COATING SYSTEMS LTD.: PRODUCT LAUNCHES,

JANUARY 2029–JANUARY 2025     272

TABLE 310            AXALTA COATING SYSTEMS LTD.: DEALS, JANUARY 2029–JANUARY 2025     274

TABLE 311            AXALTA COATING SYSTEMS LTD.: EXPANSIONS, JANUARY 2029–JANUARY 2025     275

TABLE 312            AXALTA COATING SYSTEMS LTD.: OTHER DEVELOPMENTS,

JANUARY 2029–JANUARY 2025     276

TABLE 313            JOTUN A/S: COMPANY OVERVIEW           278

TABLE 314            JOTUN A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED             279

TABLE 315            JOTUN A/S: PRODUCT LAUNCHES, JANUARY 2029–JANUARY 2025         280

TABLE 316            JOTUN A/S: DEALS, JANUARY 2029–JANUARY 2025        281

TABLE 317            JOTUN A/S: EXPANSIONS, JANUARY 2029–JANUARY 2025    282

TABLE 318            JOTUN A/S: OTHER DEVELOPMENTS, JANUARY 2029–JANUARY 2025         282

TABLE 319            PPG INDUSTRIES, INC.: COMPANY OVERVIEW                 284

TABLE 320            PPG INDUSTRIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    285

TABLE 321            PPG INDUSTRIES, INC.: PRODUCT LAUNCHES, JANUARY 2029–JANUARY 2025     287

TABLE 322            PPG INDUSTRIES, INC.: DEALS, JANUARY 2029–JANUARY 2025    289

TABLE 323            PPG INDUSTRIES, INC.: EXPANSIONS, JANUARY 2029–JANUARY 2025         291

TABLE 324            PPG INDUSTRIES, INC.: OTHER DEVELOPMENTS, JANUARY 2029–JANUARY 2025                 292

TABLE 325            THE SHERWIN-WILLIAMS COMPANY: COMPANY OVERVIEW          294

TABLE 326            THE SHERWIN-WILLIAMS COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    295

TABLE 327            THE SHERWIN-WILLIAMS COMPANY: PRODUCT LAUNCHES,

JANUARY 2029–JANUARY 2025     296

TABLE 328            THE SHERWIN-WILLIAMS COMPANY: DEALS, JANUARY 2029–JANUARY 2025     297

TABLE 329            NIPPON PAINT HOLDINGS CO., LTD: COMPANY OVERVIEW          299

TABLE 330            NIPPON PAINT HOLDINGS CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED    300

TABLE 331            NIPPON PAINT HOLDINGS CO., LTD: PRODUCT LAUNCHES,

JANUARY 2029–JANUARY 2025     302

TABLE 332            NIPPON PAINT HOLDINGS CO., LTD: DEALS, JANUARY 2029–JANUARY 2025     302

TABLE 333            NIPPON PAINTS HOLDINGS CO., LTD.: EXPANSIONS,

JANUARY 2029–JANUARY 2025     303

TABLE 334            KANSAI PAINT CO., LTD.: COMPANY OVERVIEW                 304

TABLE 335            KANSAI PAINT CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    305

TABLE 336            KANSAI PAINT CO., LTD.: DEALS, JANUARY 2029–JANUARY 2025    306

TABLE 337            RPM INTERNATIONAL INC.: COMPANY OVERVIEW          307

TABLE 338            RPM INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    308

TABLE 339            RPM INTERNATIONAL INC.: EXPANSIONS, JANUARY 2029–JANUARY 2025     310

TABLE 340            HEMPEL A/S: COMPANY OVERVIEW        311

TABLE 341            HEMPEL A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED    312

TABLE 342            HEMPEL A/S: PRODUCT LAUNCHES, JANUARY 2029–JANUARY 2025         313

TABLE 343            HEMPEL A/S: DEALS, JANUARY 2029–JANUARY 2025        314

TABLE 344            HEMPEL A/S: EXPANSIONS, JANUARY 2029–JANUARY 2025    315

TABLE 345            HEMPEL A/S: OTHER DEVELOPMENTS, JANUARY 2029–JANUARY 2025     315

TABLE 346            THE CHEMOURS COMPANY: COMPANY OVERVIEW          316

TABLE 347            THE CHEMOURS COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    317

TABLE 348            NOROO PAINT & COATINGS CO., LTD.: COMPANY OVERVIEW   318

TABLE 349            SK KAKEN CO., LTD.: COMPANY OVERVIEW                 318

TABLE 350            DAW SE: COMPANY OVERVIEW, JANUARY 2029–JANUARY 2025    319

TABLE 351            TEKNOS GROUP: COMPANY OVERVIEW                 319

TABLE 352            TIGER COATINGS GMBH & CO. KG: COMPANY OVERVIEW          320

TABLE 353            ASIAN PAINTS LIMITED: COMPANY OVERVIEW                 320

TABLE 354            DIAMOND VOGEL: COMPANY OVERVIEW                 321

TABLE 355            ADVANCED NANOTECH LAB: COMPANY OVERVIEW          322

TABLE 356            IGP PULVERTECHNIK AG: COMPANY OVERVIEW          323

TABLE 357            NANOVERE TECHNOLOGIES, LLC.: COMPANY OVERVIEW          324

TABLE 358            NYCOTE: COMPANY OVERVIEW                325

TABLE 359            TEKNOVACE COATINGS PVT LTD: COMPANY OVERVIEW          326

TABLE 360            GRAND POLYCOATS COMPANY PVT. LTD.: COMPANY OVERVIEW   327

TABLE 361            ENDURA COATINGS, LLC: COMPANY OVERVIEW          327

TABLE 362            CHUGOKU MARINE PAINTS, LTD.: COMPANY OVERVIEW          328

TABLE 363            ARCHITECTURAL COATINGS MARKET, BY REGION, 2019–2022 (USD MILLION)          330

TABLE 364            ARCHITECTURAL COATINGS MARKET, BY REGION, 2023–2028 (USD MILLION)          330

TABLE 365            ARCHITECTURAL COATINGS MARKET, BY REGION, 2019–2022 (KILOTON)  330

TABLE 366            ARCHITECTURAL COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)  331

TABLE 367            ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (USD MILLION)            331

TABLE 368            ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (USD MILLION)            332

TABLE 369            ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (KILOTON)     332

TABLE 370            ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (KILOTON)     332

TABLE 371          EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (USD MILLION)            333

TABLE 372          EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (USD MILLION)            333

TABLE 373          EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (KILOTON)     334

TABLE 374          EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (KILOTON)     334

TABLE 375            NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (USD MILLION)            335

TABLE 376            NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (USD MILLION)            335

TABLE 377            NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (KILOTON)     335

TABLE 378            NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (KILOTON)     335

TABLE 379            MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)                 336

TABLE 380            MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)                 336

TABLE 381            MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY, 2019–2022 (KILOTON)                 336

TABLE 382            MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY, 2023–2028 (KILOTON)                 337

TABLE 383            SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (USD MILLION)            337

TABLE 384            SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (USD MILLION)            337

TABLE 385            SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (KILOTON)     338

TABLE 386            SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (KILOTON)     338

LIST OF FIGURES

FIGURE 1              INDUSTRIAL COATINGS MARKET SEGMENTATION AND REGIONAL SCOPE              31

FIGURE 2              INDUSTRIAL COATINGS MARKET: RESEARCH DESIGN                37

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): COLLECTIVE REVENUE OF KEY PLAYERS              41

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE MARKET SHARE OF KEY PLAYERS     41

FIGURE 5              MARKET SIZE ESTIMATION: TOP-DOWN APPROACH         42

FIGURE 6              INDUSTRIAL COATINGS MARKET SIZE ESTIMATION, BY VALUE AND VOLUME 42

FIGURE 7              INDUSTRIAL COATINGS MARKET SIZE ESTIMATION, BY REGION             43

FIGURE 8              INDUSTRIAL COATINGS MARKET: DATA TRIANGULATION             44

FIGURE 9              MARKET CAGR PROJECTIONS FROM SUPPLY SIDE      45

FIGURE 10            MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS

AND OPPORTUNITIES   46

FIGURE 11            EPOXY RESIN SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2024             49

FIGURE 12            SOLVENTBORNE COATINGS TO ACCOUNT FOR LARGEST MARKET SHARE

DURING FORECAST PERIOD       49

FIGURE 13            GENERAL INDUSTRIAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD    50

FIGURE 14            ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 51

FIGURE 15            RAPID URBANIZATION TO CREATE GROWTH OPPORTUNITIES FOR MARKET PLAYERS              52

FIGURE 16            ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       52

FIGURE 17            CHINA AND GENERAL INDUSTRIAL SEGMENT ACCOUNTED FOR LARGEST SHARE OF ASIA PACIFIC MARKET IN 2024        53

FIGURE 18            ACRYLIC RESIN SEGMENT LED INDUSTRIAL COATINGS MARKET IN MOST REGIONS 53

FIGURE 19            INDIA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       54

FIGURE 20            INDUSTRIAL COATINGS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          55

FIGURE 21            PORTER’S FIVE FORCES ANALYSIS: INDUSTRIAL COATINGS MARKET       60

FIGURE 22            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END-USE INDUSTRIES          62

FIGURE 23            KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES

IN INDUSTRIAL COATINGS          63

FIGURE 24            AVERAGE SELLING PRICE OF INDUSTRIAL COATINGS OFFERED BY KEY PLAYERS, BY END-USE INDUSTRY, 2024 (USD/KG)  64

FIGURE 25            AVERAGE SELLING PRICE TREND OF INDUSTRIAL COATINGS, BY REGION,

2022–2030              65

FIGURE 26            INDUSTRIAL COATINGS MARKET: SUPPLY CHAIN ANALYSIS              67

FIGURE 27            TRENDS IN END-USE INDUSTRIES IMPACTING BUSINESS OF INDUSTRIAL

COATING MANUFACTURERS      68

FIGURE 28            INDUSTRIAL COATINGS MARKET: KEY PLAYERS IN ECOSYSTEM 69

FIGURE 29            IMPORT DATA OF INDUSTRIAL COATINGS, BY KEY COUNTRY, 2019–2024              71

FIGURE 30            EXPORT DATA OF INDUSTRIAL COATINGS, BY KEY COUNTRY, 2020–2024              72

FIGURE 31            PATENTS REGISTERED RELATED TO INDUSTRIAL COATINGS MATERIALS,

2014–2024              87

FIGURE 32            TOP PATENT OWNERS, 2014–2024             87

FIGURE 33            LEGAL STATUS OF PATENTS FILED FOR INDUSTRIAL COATINGS, 2014–2024          92

FIGURE 34           MAJOR PATENTS FILED IN JURISDICTION OF US, 2014–2024              92

FIGURE 35            INDUSTRIAL COATINGS MARKET: IMPACT OF AI/GEN AI            93

FIGURE 36            SOLVENTBORNE TECHNOLOGY TO LEAD INDUSTRIAL COATINGS MARKET BETWEEN 2025 AND 2030                 102

FIGURE 37            EPOXY TO BE LARGEST RESIN TYPE FOR INDUSTRIAL COATINGS DURING FORECAST PERIOD    114

FIGURE 38            GENERAL INDUSTRIAL TO BE LARGEST END USER OF INDUSTRIAL COATINGS DURING FORECAST PERIOD                 132

FIGURE 39            ASIA PACIFIC TO BE FASTEST-GROWING INDUSTRIAL COATINGS MARKET DURING FORECAST PERIOD                 153

FIGURE 40            NORTH AMERICA: INDUSTRIAL COATINGS MARKET SNAPSHOT       155

FIGURE 41            EUROPE: INDUSTRIAL COATINGS MARKET SNAPSHOT          167

FIGURE 42            ASIA PACIFIC: INDUSTRIAL COATINGS MARKET SNAPSHOT          186

FIGURE 43            MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2024   228

FIGURE 44            REVENUE ANALYSIS OF KEY COMPANIES OF INDUSTRIAL COATINGS, 2021–2024          229

FIGURE 45           COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024        231

FIGURE 46            INDUSTRIAL COATINGS MARKET: COMPANY FOOTPRINT       232

FIGURE 47            COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024   239

FIGURE 48            BRAND/PRODUCT COMPARISON             241

FIGURE 49            INDUSTRIAL COATINGS MARKET: EV/EBITDA OF KEY MANUFACTURERS           242

FIGURE 50            INDUSTRIAL COATINGS MARKET: ENTERPRISE VALUATION (EV) OF KEY PLAYERS          243

FIGURE 51            AKZO NOBEL N.V.: COMPANY SNAPSHOT                 262

FIGURE 52            AXALTA COATING SYSTEMS LTD.: COMPANY SNAPSHOT          270

FIGURE 53            JOTUN A/S: COMPANY SNAPSHOT           279

FIGURE 54            PPG INDUSTRIES, INC.: COMPANY SNAPSHOT                 285

FIGURE 55            THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT          294

FIGURE 56            NIPPON PAINT HOLDINGS CO., LTD: COMPANY SNAPSHOT          300

FIGURE 57            KANSAI PAINT CO., LTD.: COMPANY SNAPSHOT                 305

FIGURE 58            RPM INTERNATIONAL INC.: COMPANY SNAPSHOT          308

FIGURE 59            HEMPEL A/S: COMPANY SNAPSHOT       312

FIGURE 60            THE CHEMOURS COMPANY: COMPANY SNAPSHOT          317