TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 19
1.1 MARKET ATTRACTIVENESS ANALYSIS 21
1.1.1 GLOBAL INDUSTRIAL COATINGS MARKET, BY RESIN 22
1.1.2 GLOBAL INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY 23
1.1.3 GLOBAL INDUSTRIAL COATINGS MARKET, BY END USE 24
1.1.4 GLOBAL INDUSTRIAL COATINGS MARKET, BY REGION 25
2 MARKET INTRODUCTION 26
2.1 DEFINITION 26
2.2 SCOPE OF THE STUDY 26
2.3 MARKET STRUCTURE 27
3 RESEARCH METHODOLOGY 28
3.1 RESEARCH PROCESS 28
3.2 PRIMARY RESEARCH 29
3.3 SECONDARY RESEARCH 30
3.4 MARKET SIZE ESTIMATION 30
3.5 TOP-DOWN AND BOTTOM-UP APPROACH 31
3.6 FORECAST MODEL 32
3.7 LIST OF ASSUMPTIONS 33
4 MARKET DYNAMICS 34
4.1 INTRODUCTION 34
4.2 DRIVERS 35
4.2.1 INCREASING DEMAND FOR ENVIRONMENT-FRIENDLY COATINGS 35
4.2.2 GROWING DEMAND FROM ASIA-PACIFIC 36
4.2.3 DRIVERS IMPACT ANALYSIS 37
4.3 RESTRAINT 37
4.3.1 DIFFICULTY IN OBTAINING THIN FILMS IN POWDER COATINGS 37
4.3.2 RESTRAINT IMPACT ANALYSIS 38
4.4 OPPORTUNITIES 38
4.4.1 MERGERS AND ACQUISITIONS CREATE GROWTH OPPORTUNITIES 38
4.4.2 INCREASING USE OF NANO-COATINGS 39
4.5 CHALLENGE 40
4.5.1 STRINGENT REGULATIONS 40
5 MARKET FACTOR ANALYSIS 41
5.1 MARKET PENETRATION AND GROWTH PROSPECTIVE, BY END USE 41
5.2 TECHNOLOGY OVERVIEW 42
5.2.1 LIQUID 42
5.2.2 POWDER 42
5.2.3 PRE-TREATMENT 42
5.2.4 E-COATING 42
5.3 SUPPLY CHAIN ANALYSIS 43
5.3.1 RAW MATERIALS SUPPLIERS 44
5.3.2 INDUSTRIAL COATINGS MANUFACTURERS 45
5.3.3 DISTRIBUTION CHANNELS 45
5.3.4 END USERS 46
5.4 PORTER’S FIVE FORCES MODEL 46
5.4.1 THREAT OF NEW ENTRANTS 47
5.4.2 BARGAINING POWER OF SUPPLIERS 47
5.4.3 THREAT OF SUBSTITUTES 47
5.4.4 BARGAINING POWER OF BUYERS 47
5.4.5 INTENSITY OF RIVALRY 47
5.5 REGULATORY ANALYSIS 48
5.6 PRICE TREND ANALYSIS (2019-2021) 49
5.7 IMPACT OF COVID-19 ON THE GLOBAL INDUSTRIAL COATINGS MARKET 50
5.7.1 SUPPLY DEMAND SCENARIO 50
6 GLOBAL INDUSTRIAL COATING MARKET, BY RESIN 54
6.1 INTRODUCTION 54
6.2 ACRYLIC 56
6.3 POLYURETHANE 57
6.4 EPOXY 58
6.5 POLYESTER 59
6.6 FLUOROPOLYMERS 60
6.7 OTHERS 61
7 GLOBAL INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY 63
7.1 INTRODUCTION 63
7.2 SOLVENT-BASED 65
7.3 WATER-BASED 66
7.4 POWDER 67
7.5 OTHERS 68
8 GLOBAL INDUSTRIAL COATINGS MARKET, BY END USE 70
8.1 INTRODUCTION 70
8.2 GENERAL INDUSTRIAL 72
8.3 AUTOMOTIVE & TRANSPORTATION 74
8.4 MARINE PROTECTIVE 75
8.5 INDUSTRIAL WOOD 76
8.6 PACKAGING 77
8.7 OTHERS 78
9 GLOBAL INDUSTRIAL COATINGS MARKET, BY REGION 80
9.1 INTRODUCTION 80
9.2 NORTH AMERICA 82
9.2.1 US 86
9.2.2 CANADA 89
9.3 EUROPE 92
9.3.1 GERMANY 96
9.3.2 UK 99
9.3.3 FRANCE 102
9.3.4 RUSSIA 105
9.3.5 SPAIN 108
9.3.6 ITALY 111
9.3.7 REST OF EUROPE 114
9.4 ASIA-PACIFIC 117
9.4.1 CHINA 121
9.4.2 INDIA 124
9.4.3 SOUTH KOREA 127
9.4.4 JAPAN 130
9.4.5 REST OF ASIA-PACIFIC 133
9.5 LATIN AMERICA 136
9.5.1 BRAZIL 140
9.5.2 MEXICO 143
9.5.3 REST OF LATIN AMERICA 146
9.6 MIDDLE EAST & AFRICA 149
9.6.1 TURKEY 153
9.6.2 SOUTH AFRICA 156
9.6.3 SAUDI ARABIA 159
9.6.4 REST OF MIDDLE EAST & AFRICA 162
10 COMPETITIVE LANDSCAPE 166
10.1 COMPETITIVE OVERVIEW 166
10.2 GLOBAL COMPETITIVE ENVIRONMENT 167
10.2.1 COMPETITIVE BENCHMARKING 167
10.2.2 COMPETITOR BENCHMARKING: END USE MARKET SERVED 168
10.3 KEY PLAYER CATEGORIZATION 168
10.4 VENDOR LANDSCAPE 170
10.5 GLOBAL MARKET STRATEGY ANALYSIS 172
10.6 KEY DEVELOPMENTS 173
11 COMPANY PROFILES 174
11.1 PPG INDUSTRIES, INC. 174
11.1.1 COMPANY OVERVIEW 174
11.1.2 FINANCIAL OVERVIEW 175
11.1.3 PRODUCTS OFFERED 175
11.1.4 KEY DEVELOPMENTS 176
11.1.5 SWOT ANALYSIS 177
11.1.6 KEY STRATEGIES 177
11.2 AXALTA COATING SYSTEMS LTD 178
11.2.1 COMPANY OVERVIEW 178
11.2.2 FINANCIAL OVERVIEW 178
11.2.3 PRODUCTS OFFERED 179
11.2.4 KEY DEVELOPMENTS 179
11.2.5 SWOT ANALYSIS 180
11.2.6 KEY STRATEGIES 180
11.3 NIPPON PAINT HOLDINGS CO., LTD. 181
11.3.1 COMPANY OVERVIEW 181
11.3.2 FINANCIAL OVERVIEW 182
11.3.3 PRODUCTS OFFERED 182
11.3.4 KEY DEVELOPMENTS 183
11.3.5 SWOT ANALYSIS 183
11.3.6 KEY STRATEGIES 183
11.4 THE SHERWIN-WILLIAMS COMPANY 184
11.4.1 COMPANY OVERVIEW 184
11.4.2 FINANCIAL OVERVIEW 184
11.4.3 PRODUCTS OFFERED 185
11.4.4 KEY DEVELOPMENTS 185
11.4.5 SWOT ANALYSIS 186
11.4.6 KEY STRATEGIES 186
11.5 AKZO NOBEL N.V. 187
11.5.1 COMPANY OVERVIEW 187
11.5.2 FINANCIAL OVERVIEW 187
11.5.3 PRODUCTS OFFERED 188
11.5.4 KEY DEVELOPMENTS 188
11.5.5 SWOT ANALYSIS 189
11.5.6 KEY STRATEGIES 189
11.6 ASIAN PAINTS PPG PVT. LIMITED 190
11.6.1 COMPANY OVERVIEW 190
11.6.2 FINANCIAL OVERVIEW 190
11.6.3 PRODUCTS OFFERED 190
11.6.4 KEY DEVELOPMENTS 190
11.6.5 SWOT ANALYSIS 191
11.6.6 KEY STRATEGIES 191
11.7 JOTUN 192
11.7.1 COMPANY OVERVIEW 192
11.7.2 FINANCIAL OVERVIEW 192
11.7.3 PRODUCTS OFFERED 193
11.7.4 KEY DEVELOPMENTS 195
11.7.5 SWOT ANALYSIS 196
11.7.6 KEY STRATEGIES 196
11.8 KANSAI PAINT CO., LTD. 197
11.8.1 COMPANY OVERVIEW 197
11.8.2 FINANCIAL OVERVIEW 198
11.8.3 PRODUCTS OFFERED 199
11.8.4 KEY DEVELOPMENTS 199
11.8.5 SWOT ANALYSIS 200
11.8.6 KEY STRATEGIES 200
11.9 BECKERS GROUP 201
11.9.1 COMPANY OVERVIEW 201
11.9.2 FINANCIAL OVERVIEW 201
11.9.3 PRODUCTS OFFERED 201
11.9.4 KEY DEVELOPMENTS 201
11.9.5 SWOT ANALYSIS 202
11.9.6 KEY STRATEGIES 202
11.10 RPM INTERNATIONAL INC 203
11.10.1 COMPANY OVERVIEW 203
11.10.2 FINANCIAL OVERVIEW 203
11.10.3 PRODUCTS OFFERED 204
11.10.4 KEY DEVELOPMENTS 204
11.10.5 SWOT ANALYSIS 205
11.10.6 KEY STRATEGIES 205
11.11 HEMPEL A/S 206
11.11.1 COMPANY OVERVIEW 206
11.11.2 FINANCIAL OVERVIEW 206
11.11.3 PRODUCTS OFFERED 207
11.11.4 KEY DEVELOPMENTS 207
11.11.5 SWOT ANALYSIS 208
11.11.6 KEY STRATEGIES 208
11.12 KCC CORPORATION 209
11.12.1 COMPANY OVERVIEW 209
11.12.2 FINANCIAL OVERVIEW 209
11.12.3 PRODUCTS OFFERED 209
11.12.4 KEY DEVELOPMENTS 210
11.12.5 SWOT ANALYSIS 210
11.12.6 KEY STRATEGIES 210
11.13 NOROO PAINT & COATINGS CO. LTD. 211
11.13.1 COMPANY OVERVIEW 211
11.13.2 FINANCIAL OVERVIEW 211
11.13.3 PRODUCTS OFFERED 211
11.13.4 KEY DEVELOPMENTS 212
11.13.5 SWOT ANALYSIS 213
11.13.6 KEY STRATEGIES 213
11.14 SIKA AG 214
11.14.1 COMPANY OVERVIEW 214
11.14.2 FINANCIAL OVERVIEW 215
11.14.3 PRODUCTS OFFERED 215
11.14.4 KEY DEVELOPMENTS 215
11.14.5 SWOT ANALYSIS 216
11.14.6 KEY STRATEGIES 216
11.15 WACKER CHEMIE AG 217
11.15.1 COMPANY OVERVIEW 217
11.15.2 FINANCIAL OVERVIEW 218
11.15.3 PRODUCTS OFFERED 219
11.15.4 KEY DEVELOPMENTS 219
11.15.5 SWOT ANALYSIS 220
11.15.6 KEY STRATEGIES 220
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 33
TABLE 2 M&A ACTIVITIES IN THE COATINGS MARKET 39
TABLE 3 INDUSTRIAL COATING TEHCNOLOGY BY PROPERTIES 42
TABLE 4 LIST OF RAW MATERIAL SUPPLIERS 44
TABLE 5 LIST OF REGULATIONS 48
TABLE 6 PRICE TREND ANALYSIS, BY GEOGRAPHY, USD/TON (2019-2020) 49
TABLE 7 GLOBAL INDUSTRIAL COATINGS, BY RESIN, 2019–2030 (USD MILLION) 55
TABLE 8 GLOBAL INDUSTRIAL COATINGS MARKET, BY RESIN, 2019–2030 (KILOTONS) 56
TABLE 9 GLOBAL INDUSTRIAL COATINGS MARKET FOR ACRYLIC, BY REGION, 2019–2030 (USD MILLION) 56
TABLE 10 GLOBAL INDUSTRIAL COATINGS MARKET FOR ACRYLIC, BY REGION, 2019–2030 (KILOTONS) 57
TABLE 11 GLOBAL INDUSTRIAL COATINGS MARKET FOR POLYURETHANE, BY REGION, 2019–2030 (USD MILLION) 57
TABLE 12 GLOBAL INDUSTRIAL COATINGS MARKET FOR POLYURETHANE, BY REGION, 2019–2030 (KILOTONS) 58
TABLE 13 GLOBAL INDUSTRIAL COATINGS MARKET FOR EPOXY, BY REGION, 2019–2030 (USD MILLION) 58
TABLE 14 GLOBAL INDUSTRIAL COATINGS MARKET FOR EPOXY, BY REGION, 2019–2030 (KILOTONS) 59
TABLE 15 GLOBAL INDUSTRIAL COATINGS MARKET FOR POLYESTER, BY REGION, 2019–2030 (USD MILLION) 59
TABLE 16 GLOBAL INDUSTRIAL COATINGS MARKET FOR POLYESTER, BY REGION, 2019–2030 (KILOTONS) 60
TABLE 17 GLOBAL INDUSTRIAL COATINGS MARKET FOR FLUOROPOLYMERS, BY REGION, 2019–2030 (USD MILLION) 60
TABLE 18 GLOBAL INDUSTRIAL COATINGS MARKET FOR FLUOROPOLYMERS, BY REGION, 2019–2030 (KILOTONS) 61
TABLE 19 GLOBAL INDUSTRIAL COATINGS MARKET FOR OTHERS, BY REGION, 2019–2030 (USD MILLION) 61
TABLE 20 GLOBAL INDUSTRIAL COATINGS MARKET FOR OTHERS, BY REGION, 2019–2030 (KILOTONS) 62
TABLE 21 GLOBAL INDUSTRIAL COATINGS, BY TECHNOLOGY, 2019–2030 (USD MILLION) 64
TABLE 22 GLOBAL INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2019–2030 (KILOTONS) 65
TABLE 23 GLOBAL INDUSTRIAL COATINGS MARKET FOR SOLVENT-BASED, BY REGION, 2019–2030 (USD MILLION) 65
TABLE 24 GLOBAL INDUSTRIAL COATINGS MARKET FOR SOLVENT-BASED, BY REGION, 2019–2030 (KILOTONS) 66
TABLE 25 GLOBAL INDUSTRIAL COATINGS MARKET FOR WATER-BASED, BY REGION, 2019–2030 (USD MILLION) 66
TABLE 26 GLOBAL INDUSTRIAL COATINGS MARKET FOR WATER-BASED, BY REGION, 2019–2030 (KILOTONS) 67
TABLE 27 GLOBAL INDUSTRIAL COATINGS MARKET FOR POWDER, BY REGION, 2019–2030 (USD MILLION) 67
TABLE 28 GLOBAL INDUSTRIAL COATINGS MARKET FOR POWDER, BY REGION, 2019–2030 (KILOTONS) 68
TABLE 29 GLOBAL INDUSTRIAL COATINGS MARKET FOR OTHERS, BY REGION, 2019–2030 (USD MILLION) 68
TABLE 30 GLOBAL INDUSTRIAL COATINGS MARKET FOR OTHERS, BY REGION, 2019–2030 (KILOTONS) 69
TABLE 31 GLOBAL INDUSTRIAL COATINGS, BY END USE, 2019–2030 (USD MILLION) 71
TABLE 32 GLOBAL INDUSTRIAL COATINGS MARKET, BY END USE, 2019–2030 (KILOTONS) 72
TABLE 33 GLOBAL INDUSTRIAL COATINGS MARKET FOR GENERAL INDUSTRIAL, BY REGION, 2019–2030 (USD MILLION) 73
TABLE 34 GLOBAL INDUSTRIAL COATINGS MARKET FOR GENERAL INDUSTRIAL, BY REGION, 2019–2030 (KILOTONS) 73
TABLE 35 GLOBAL INDUSTRIAL COATINGS MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2019–2030 (USD MILLION) 74
TABLE 36 GLOBAL INDUSTRIAL COATINGS MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2019–2030 (KILOTONS) 75
TABLE 37 GLOBAL INDUSTRIAL COATINGS MARKET FOR MARINE PROTECTIVE, BY REGION, 2019–2030 (USD MILLION) 75
TABLE 38 GLOBAL INDUSTRIAL COATINGS MARKET FOR MARINE PROTECTIVE, BY REGION, 2019–2030 (KILOTONS) 76
TABLE 39 GLOBAL INDUSTRIAL COATINGS MARKET FOR INDUSTRIAL WOOD, BY REGION, 2019–2030 (USD MILLION) 76
TABLE 40 GLOBAL INDUSTRIAL COATINGS MARKET FOR INDUSTRIAL WOOD, BY REGION, 2019–2030 (KILOTONS) 77
TABLE 41 GLOBAL INDUSTRIAL COATINGS MARKET FOR PACKAGING, BY REGION, 2019–2030 (USD MILLION) 77
TABLE 42 GLOBAL INDUSTRIAL COATINGS MARKET FOR PACKAGING, BY REGION, 2019–2030 (KILOTONS) 78
TABLE 43 GLOBAL INDUSTRIAL COATINGS MARKET FOR OTHERS, BY REGION, 2019–2030 (USD MILLION) 78
TABLE 44 GLOBAL INDUSTRIAL COATINGS MARKET FOR OTHERS, BY REGION, 2019–2030 (KILOTONS) 79
TABLE 45 GLOBAL INDUSTRIAL COATINGS MARKET, BY REGION, 2019–2030 (USD MILLION) 81
TABLE 46 GLOBAL INDUSTRIAL COATINGS MARKET, BY REGION, 2019–2030 (KILOTONS) 82
TABLE 47 NORTH AMERICA INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2019–2030 (USD MILLION) 82
TABLE 48 NORTH AMERICA INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2019–2030 (KILOTONS) 83
TABLE 49 NORTH AMERICA INDUSTRIAL COATINGS MARKET, BY RESIN, 2019–2030 (USD MILLION) 83
TABLE 50 NORTH AMERICA INDUSTRIAL COATINGS MARKET, BY RESIN, 2019–2030 (KILOTONS) 84
TABLE 51 NORTH AMERICA INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2019–2030 (USD MILLION) 84
TABLE 52 NORTH AMERICA INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2019–2030 (KILOTONS) 85
TABLE 53 NORTH AMERICA INDUSTRIAL COATINGS MARKET, BY END USE, 2019–2030 (USD MILLION) 85
TABLE 54 NORTH AMERICA INDUSTRIAL COATINGS MARKET, BY END USE, 2019–2030 (KILOTONS) 86
TABLE 55 US INDUSTRIAL COATINGS MARKET, BY RESIN, 2019–2030 (USD MILLION) 86
TABLE 56 US INDUSTRIAL COATINGS MARKET, BY RESIN, 2019–2030 (KILOTONS) 87
TABLE 57 US INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2019–2030 (USD MILLION) 87
TABLE 58 US INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2019–2030 (KILOTONS) 88
TABLE 59 US INDUSTRIAL COATINGS MARKET, BY END USE, 2019–2030 (USD MILLION) 88
TABLE 60 US INDUSTRIAL COATINGS MARKET, BY END USE, 2019–2030 (KILOTONS) 89
TABLE 61 CANADA INDUSTRIAL COATINGS MARKET, BY RESIN, 2019–2030 (USD MILLION) 89
TABLE 62 CANADA INDUSTRIAL COATINGS MARKET, BY RESIN, 2019–2030 (KILOTONS) 90
TABLE 63 CANADA INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2019–2030 (USD MILLION) 90
TABLE 64 CANADA INDUSTRIAL COATINGS MARKET, BY TECHNOLOGY, 2019–2030 (KILOTONS) 91
TABLE 65 CANADA INDUSTRIAL COATINGS MARKET, BY END USE, 2019–2030 (USD MILLION) 91
TABLE 66 CANADA INDUSTRIAL COATINGS MARKET, BY END USE, 2019–2030 (KILOTONS) 92
TABLE 67 EUROPE INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2019–2030 (USD MILLION) 92
TABLE 68 EUROPE INDUSTRIAL COATINGS MARKET, BY COUNTRY, 2019–2030 (KILOTONS) 93
TABLE 69 EUROPE INDUSTRIAL COATINGS MARKET, BY RESIN, 2019–2030 (USD MILLION) 93
TABLE 70 EUROPE INDUSTRIAL COATINGS MARKET, BY RESIN,