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Global Industrial Coatings Growth Opportunities
Global Industrial Coatings Growth Opportunities
New Product Development will be Directed Toward the Development of Formulations with a Superior Cost-performance Index
RELEASE DATE
15-Jun-2022
15-Jun-2022
REGION
Global
Global
DELIVERABLE TYPE
Market Research
Market Research
RESEARCH CODE
PCA3-01-00-00-00
PCA3-01-00-00-00
SKU
CM01960-GL-MT_26639
CM01960-GL-MT_26639
$4,950.00
In stock
SKU
CM01960-GL-MT_26639
This Frost & Sullivan study presents an assessment of the current status and the future prospects of the global industrial coatings market. It takes into account the volumes and the revenue generated from industrial coatings, including metal can coatings, coil coatings, agricultural and construction equipment (ACME), and general industrial (GI) coatings from 2018 to 2028. Revenue is recorded at the formulated coatings level.
The key chemistries used on these substrates are discussed in detail, and the dynamics between solvent-borne, water-borne, powder, and
UV-cured coatings are also analyzed. Regional trends and dynamics across the 4 key geographies of the Americas; Europe; Asia-Pacific; and the Middle East, Africa, and South Asia (MEASA) have been discussed. Key application segments for each of the market segments are also examined.
The industrial coatings market is experiencing significant growth due to the pent-up demand from end industries. End industries such as automotive, appliances, ACME, and industrial manufacturing witnessed a sharp decline in 2020 due to the COVID-19 pandemic. However,
quick market recovery due to vaccination drives and booster administrations have resulted in pent-up demand from these industries, which has positively impacted coating demand. Building and construction (B&C) and food and beverage (F&B) cans registered strong growth even during the pandemic, presenting robust growth opportunities for industrial coatings.
The transition from traditional solvent-borne coatings to low-VOC formulations such as high-solid solvent-borne, water-borne, and powder
coatings has remained moderate in the industrial coatings segments when compared to other coatings segments such as automotive and decorative coatings. This can be largely attributed to the less-stringent regulatory push along with price-sensitive customers in industrial markets. There is a growing focus on improving functional attributes and coating performance, especially in the ACME segment where OEM approvals and specifications remain crucial. Supply chain disruptions in the global chemicals landscape, which have resulted in high raw material prices, present significant challenges to coating formulators, thereby increasing the price of industrial coatings.
Key Issues Addressed:
- At what stage of the growth lifecycle is the market, and what are the key growth drivers during the forecast period?
- What are the growth opportunities in the global industrial coatings market?
- How is the regulatory scenario expected to impact the different market segments?
- What are the key technological developments observed across major segments?
- What are the competitive factors impacting the market? Which companies are expected to lead the market in future?
Author: Christeena Thomas
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Industrial Coatings Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Segmentation
Growth Metrics
Geographic Scope
Forecast Assumptions
Revenue and Volume Forecast
Average Price Forecast
Revenue Forecast by Segment
Volume Forecast by Segment
Revenue Forecast by Region
Volume Forecast by Region
Revenue and Volume Forecast Analysis
Revenue Share
Segment Characteristics and Overview
Segment Overview and Introduction
Segment Overview and Introduction (continued)
Value Chain Analysis
Value Chain Analysis (continued)
Value Chain Analysis (continued)
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Graphical Summary—Key Drivers and Restraints
Growth Metrics
Revenue and Volume Forecast
Percent Revenue Forecast by Region
Percent Volume Forecast by Region
Volume Forecast by Region
Revenue and Volume Forecast Analysis
Revenue and Volume Forecast Analysis by Region
Percent Volume Forecast by Application
Volume Forecast by Application
Volume Forecast Analysis by Application
Volume Forecast Analysis by Application (continued)
Percent Volume Forecast by Chemistry
Volume Forecast by Chemistry
Volume Forecast Analysis by Chemistry
Percent Volume Forecast by Technology
Volume Forecast by Technology
Volume Forecast Analysis by Technology
Average Price Forecast
Competitive Environment
Revenue Share
Segment Characteristics and Overview
Segment Overview and Introduction
Value Chain Analysis
Value Chain Analysis (continued)
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Graphical Summary—Key Drivers and Restraints
Growth Metrics
Revenue and Volume Forecast
Percent Revenue Forecast by Region
Percent Volume Forecast by Region
Volume Forecast by Region
Revenue and Volume Forecast Analysis
Revenue and Volume Forecast Analysis by Region
Percent Volume Forecast by Application
Volume Forecast by Application
Volume Forecast Analysis by Application
Volume Forecast Analysis by Application (continued)
Volume Forecast Analysis by Application (continued)
Percent Volume Forecast by Chemistry
Volume Forecast by Chemistry
Volume Forecast Analysis by Chemistry
Percent Volume Forecast by Technology
Volume Forecast by Technology
Average Price Forecast
Competitive Environment
Revenue Share
Segment Characteristics and Overview
ACME Market Definitions
Value Chain Analysis
Value Chain Analysis (continued)
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Graphical Summary—Key Drivers and Restraints
Graphical Summary—Key Drivers and Restraints (continued)
Growth Metrics
Revenue and Volume Forecast
Percent Revenue Forecast by Region
Percent Volume Forecast by Region
Volume Forecast by Region
Revenue and Volume Forecast Analysis
Revenue and Volume Forecast Analysis (continued)
Revenue and Volume Forecast Analysis by Region
Percent Volume Forecast by Application
Volume Forecast by Application
Volume Forecast Analysis by Application
Percent Volume Forecast by Chemistry
Volume Forecast by Chemistry
Volume Forecast Analysis by Chemistry
Percent Volume Forecast by Technology
Volume Forecast by Technology
Volume Forecast Analysis by Technology
Average Price Forecast
Competitive Environment
Revenue Share
Segment Characteristics and Overview
Segment Characteristics and Overview (continued)
Value Chain Analysis
Value Chain Analysis (continued)
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Graphical Summary—Key Drivers and Restraints
Growth Metrics
Revenue and Volume Forecast
Percent Revenue Forecast by Region
Percent Volume Forecast by Region
Volume Forecast by Region
Revenue and Volume Forecast Analysis
Revenue and Volume Forecast Analysis (continued)
Revenue and Volume Forecast Analysis (continued)
Revenue and Volume Forecast Analysis by Region
Percent Volume Forecast by Chemistry
Volume Forecast by Chemistry
Volume Forecast Analysis by Chemistry
Percent Volume Forecast by Technology
Volume Forecast by Technology
Volume Forecast Analysis by Technology
Average Price Forecast
Competitive Environment
Revenue Share
Growth Opportunity 1: Focus on Improving the Cost-Performance Index of Coatings
Growth Opportunity 1: Focus on Improving the Cost-Performance Index of Coatings (continued)
Growth Opportunity 2: Post-pandemic Buoyant End Industries to Present Significant Growth Opportunities
Growth Opportunity 2: Post-pandemic Buoyant End Industries to Present Significant Growth Opportunities (continued)
Growth Opportunity 3: Enhanced Customer Relationships
Growth Opportunity 3: Enhanced Customer Relationships (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
List of Figures
- Industrial Coatings: Growth Metrics, Global, 2021
- Industrial Coatings: Revenue and Volume Forecast, Global, 2018–2028
- Industrial Coatings: Average Price Forecast, Global, 2018–2028
- Industrial Coatings: Revenue Forecast by Segment, Global, 2018–2028
- Industrial Coatings: Volume Forecast by Segment, Global, 2018–2028
- Industrial Coatings: Revenue Forecast by Region, Global, 2018–2028
- Industrial Coatings: Volume Forecast by Region, Global, 2018–2028
- Industrial Coatings: Revenue Share of Top Participants, Global, 2021
- Metal Can Coatings: Overview of Key Chemistries, Global, 2021
- Metal Can Coatings: Value Chain Analysis, Global, 2021
- Metal Can Coatings: Growth Drivers, Global, 2022–2028
- Metal Can Coatings: Competitiveness of Metal Cans, US, 2020
- Metal Can Coatings: Growth Restraints, Global, 2022–2028
- Metal Can Coatings: Summary of Key Drivers and Restraints, Global, 2021–2028
- Metal Can Coatings: Growth Metrics, Global, 2021
- Metal Can Coatings: Revenue and Volume Forecast, Global, 2018–2028
- Metal Can Coatings: Percent Revenue Forecast by Region, Global, 2018–2028
- Metal Can Coatings: Percent Volume Forecast by Region, Global, 2018–2028
- Metal Can Coatings: Volume Forecast by Region, Global, 2018–2028
- Metal Can Coatings: Percent Volume Forecast by Application, Global, 2018–2028
- Metal Can Coatings: Volume Forecast by Application, Global, 2018–2028
- Metal Can Coatings: Percent Volume Forecast by Chemistry, Global, 2018–2028
- Metal Can Coatings: Volume Forecast by Chemistry, Global, 2018–2028
- Metal Can Coatings: Percent Volume Forecast by Technology, Global, 2018–2028
- Metal Can Coatings: Volume Forecast by Technology, Global, 2018–2028
- Metal Can Coatings: Average Price Forecast, Global, 2018–2028
- Metal Can Coatings: Competitive Environment, Global, 2021
- Metal Can Coatings: Revenue Share of Top Participants, Global, 2021
- Coil Coatings: Value Chain Analysis, Global, 2021
- Coil Coatings: Growth Drivers, Global, 2022–2028
- Coil Coatings: Year-over-Year (YoY) Percent Change in Total Construction Output, Europe, 2018–2022
- Coil Coatings: Annual Housing Starts, North America, 2018–2020
- Coil Coatings: Motor Vehicle Production by Region, Global, 2019–2021
- Coil Coatings: Growth Restraints, Global, 2022–2028
- Coil Coatings: Summary of Key Drivers and Restraints, Global, 2021–2028
- Coil Coatings: Growth Metrics, Global, 2021
- Coil Coatings: Revenue and Volume Forecast, Global, 2018–2028
- Coil Coatings: Percent Revenue Forecast by Region, Global, 2018–2028
- Coil Coatings: Percent Volume Forecast by Region, Global, 2018–2028
- Coil Coatings: Volume Forecast by Region, Global, 2018–2028
- Coil Coatings: Percent Volume Forecast by Application, Global, 2018–2028
- Coil Coatings: Volume Forecast by Application, Global, 2018–2028
- Coil Coatings: Percent Volume Forecast by Chemistry, Global, 2018–2028
- Coil Coatings: Volume Forecast by Chemistry, Global, 2018–2028
- Coil Coatings: Percent Volume Forecast by Technology, Global, 2018–2028
- Coil Coatings: Volume Forecast by Technology, Global, 2018–2028
- Coil Coatings: Average Price Forecast, Global, 2018–2028
- Coil Coatings: Competitive Environment, Global, 2021
- Coil Coatings: Revenue Share of Top Participants, Global, 2021
- ACME Coatings: Value Chain Analysis, Global, 2021
- ACME Coatings: Growth Drivers, Global, 2022–2028
- ACME Coatings: Growth Restraints, Global, 2022–2028
- ACME New Equipment Coatings Subsegment: Summary of Key Drivers and Restraints, Global, 2021–2028
- ACME Maintenance Coatings Subsegment: Summary of Key Drivers and Restraints, Global, 2021–2028
- ACME Coatings: Growth Metrics, Global, 2021
- ACME Coatings: Revenue and Volume Forecast, Global, 2018–2028
- ACME Coatings: Percent Revenue Forecast by Region, Global, 2018–2028
- ACME Coatings: Percent Volume Forecast by Region, Global, 2018–2028
- ACME Coatings: Volume Forecast by Region, Global, 2018–2028
- ACME Coatings: Percent Unit Shipment by Subsegment, Global, 2021
- ACME Coatings: Percent Volume Forecast by Application, Global, 2018–2028
- ACME Coatings: Volume Forecast by Application, Global, 2018–2028
- ACME Coatings: Percent Volume Forecast by Chemistry, Global, 2018–2028
- ACME Coatings: Volume Forecast by Chemistry, Global, 2018–2028
- ACME Coatings: Percent Volume Forecast by Technology, Global, 2018–2028
- ACME Coatings: Volume Forecast by Technology, Global, 2018–2028
- ACME Coatings: Average Price Forecast, Global, 2018–2028
- ACME Coatings: Competitive Environment, Global, 2021
- ACME Coatings: Revenue Share of Top Participants, Global, 2021
- GI Coatings: Key Requisites for GI Coatings, Global, 2021
- GI Coatings: Value Chain Analysis, Global, 2021
- GI Coatings: Growth Drivers, Global, 2022–2028
- GI Coatings: Manufacturing, Value Add (% of GDP), Global, 2020
- GI Coatings: Growth Restraints, Global, 2022–2028
- GI Coatings: Summary of Key Drivers and Restraints, Global, 2021–2028
- GI Coatings: Growth Metrics, Global, 2021
- GI Coatings: Revenue and Volume Forecast, Global, 2018–2028
- GI Coatings: Percent Revenue Forecast by Region, Global, 2018–2028
- GI Coatings: Percent Volume Forecast by Region, Global, 2018–2028
- GI Coatings: Volume Forecast by Region, Global, 2018–2028
- GI Coatings: Percent Unit Shipment by Subsegment, Global, 2021
- GI Coatings: Percent Volume Forecast by Chemistry, Global, 2018–2028
- GI Coatings: Volume Forecast by Chemistry, Global, 2018–2028
- GI Coatings: Percent Volume Forecast by Technology, Global, 2018–2028
- GI Coatings: Volume Forecast by Technology, Global, 2018–2028
- GI Coatings: Average Price Forecast, Global, 2018–2028
- GI Coatings: Competitive Environment, Global, 2021
- GI Coatings: Revenue Share of Top Participants, Global, 2021
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This Frost & Sullivan study presents an assessment of the current status and the future prospects of the global industrial coatings market. It takes into account the volumes and the revenue generated from industrial coatings, including metal can coatings, coil coatings, agricultural and construction equipment (ACME), and general industrial (GI) coatings from 2018 to 2028. Revenue is recorded at the formulated coatings level.
The key chemistries used on these substrates are discussed in detail, and the dynamics between solvent-borne, water-borne, powder, and
UV-cured coatings are also analyzed. Regional trends and dynamics across the 4 key geographies of the Americas; Europe; Asia-Pacific; and the Middle East, Africa, and South Asia (MEASA) have been discussed. Key application segments for each of the market segments are also examined.
The industrial coatings market is experiencing significant growth due to the pent-up demand from end industries. End industries such as automotive, appliances, ACME, and industrial manufacturing witnessed a sharp decline in 2020 due to the COVID-19 pandemic. However,
quick market recovery due to vaccination drives and booster administrations have resulted in pent-up demand from these industries, which has positively impacted coating demand. Building and construction (B&C) and food and beverage (F&B) cans registered strong growth even during the pandemic, presenting robust growth opportunities for industrial coatings.
The transition from traditional solvent-borne coatings to low-VOC formulations such as high-solid solvent-borne, water-borne, and powder
coatings has remained moderate in the industrial coatings segments when compared to other coatings segments such as automotive and decorative coatings. This can be largely attributed to the less-stringent regulatory push along with price-sensitive customers in industrial markets. There is a growing focus on improving functional attributes and coating performance, especially in the ACME segment where OEM approvals and specifications remain crucial. Supply chain disruptions in the global chemicals landscape, which have resulted in high raw material prices, present significant challenges to coating formulators, thereby increasing the price of industrial coatings.--BEGIN PROMO--
Key Issues Addressed:
- At what stage of the growth lifecycle is the market, and what are the key growth drivers during the forecast period
- What are the growth opportunities in the global industrial coatings market
- How is the regulatory scenario expected to impact the different market segments
- What are the key technological developments observed across major segments
- What are the competitive factors impacting the market Which companies are expected to lead the market in future
Author: Christeena Thomas
| Deliverable Type | Market Research |
|---|---|
| Author | Soundarya Gowrishankar |
| Industries | Chemicals and Materials |
| No Index | No |
| Is Prebook | No |
| List of Charts and Figures | Industrial Coatings: Growth Metrics, Global, 2021~ Industrial Coatings: Revenue and Volume Forecast, Global, 2018–2028~ Industrial Coatings: Average Price Forecast, Global, 2018–2028~ Industrial Coatings: Revenue Forecast by Segment, Global, 2018–2028~ Industrial Coatings: Volume Forecast by Segment, Global, 2018–2028~ Industrial Coatings: Revenue Forecast by Region, Global, 2018–2028~ Industrial Coatings: Volume Forecast by Region, Global, 2018–2028~ Industrial Coatings: Revenue Share of Top Participants, Global, 2021~ Metal Can Coatings: Overview of Key Chemistries, Global, 2021~ Metal Can Coatings: Value Chain Analysis, Global, 2021~ Metal Can Coatings: Growth Drivers, Global, 2022–2028~ Metal Can Coatings: Competitiveness of Metal Cans, US, 2020~ Metal Can Coatings: Growth Restraints, Global, 2022–2028~ Metal Can Coatings: Summary of Key Drivers and Restraints, Global, 2021–2028~ Metal Can Coatings: Growth Metrics, Global, 2021~ Metal Can Coatings: Revenue and Volume Forecast, Global, 2018–2028~ Metal Can Coatings: Percent Revenue Forecast by Region, Global, 2018–2028~ Metal Can Coatings: Percent Volume Forecast by Region, Global, 2018–2028~ Metal Can Coatings: Volume Forecast by Region, Global, 2018–2028~ Metal Can Coatings: Percent Volume Forecast by Application, Global, 2018–2028~ Metal Can Coatings: Volume Forecast by Application, Global, 2018–2028~ Metal Can Coatings: Percent Volume Forecast by Chemistry, Global, 2018–2028~ Metal Can Coatings: Volume Forecast by Chemistry, Global, 2018–2028~ Metal Can Coatings: Percent Volume Forecast by Technology, Global, 2018–2028~ Metal Can Coatings: Volume Forecast by Technology, Global, 2018–2028~ Metal Can Coatings: Average Price Forecast, Global, 2018–2028~ Metal Can Coatings: Competitive Environment, Global, 2021~ Metal Can Coatings: Revenue Share of Top Participants, Global, 2021~ Coil Coatings: Value Chain Analysis, Global, 2021~ Coil Coatings: Growth Drivers, Global, 2022–2028~ Coil Coatings: Year-over-Year (YoY) Percent Change in Total Construction Output, Europe, 2018–2022~ Coil Coatings: Annual Housing Starts, North America, 2018–2020~ Coil Coatings: Motor Vehicle Production by Region, Global, 2019–2021~ Coil Coatings: Growth Restraints, Global, 2022–2028~ Coil Coatings: Summary of Key Drivers and Restraints, Global, 2021–2028~ Coil Coatings: Growth Metrics, Global, 2021~ Coil Coatings: Revenue and Volume Forecast, Global, 2018–2028~ Coil Coatings: Percent Revenue Forecast by Region, Global, 2018–2028~ Coil Coatings: Percent Volume Forecast by Region, Global, 2018–2028~ Coil Coatings: Volume Forecast by Region, Global, 2018–2028~ Coil Coatings: Percent Volume Forecast by Application, Global, 2018–2028~ Coil Coatings: Volume Forecast by Application, Global, 2018–2028~ Coil Coatings: Percent Volume Forecast by Chemistry, Global, 2018–2028~ Coil Coatings: Volume Forecast by Chemistry, Global, 2018–2028~ Coil Coatings: Percent Volume Forecast by Technology, Global, 2018–2028~ Coil Coatings: Volume Forecast by Technology, Global, 2018–2028~ Coil Coatings: Average Price Forecast, Global, 2018–2028~ Coil Coatings: Competitive Environment, Global, 2021~ Coil Coatings: Revenue Share of Top Participants, Global, 2021~ ACME Coatings: Value Chain Analysis, Global, 2021~ ACME Coatings: Growth Drivers, Global, 2022–2028~ ACME Coatings: Growth Restraints, Global, 2022–2028~ ACME New Equipment Coatings Subsegment: Summary of Key Drivers and Restraints, Global, 2021–2028~ ACME Maintenance Coatings Subsegment: Summary of Key Drivers and Restraints, Global, 2021–2028~ ACME Coatings: Growth Metrics, Global, 2021~ ACME Coatings: Revenue and Volume Forecast, Global, 2018–2028~ ACME Coatings: Percent Revenue Forecast by Region, Global, 2018–2028~ ACME Coatings: Percent Volume Forecast by Region, Global, 2018–2028~ ACME Coatings: Volume Forecast by Region, Global, 2018–2028~ ACME Coatings: Percent Unit Shipment by Subsegment, Global, 2021~ ACME Coatings: Percent Volume Forecast by Application, Global, 2018–2028~ ACME Coatings: Volume Forecast by Application, Global, 2018–2028~ ACME Coatings: Percent Volume Forecast by Chemistry, Global, 2018–2028~ ACME Coatings: Volume Forecast by Chemistry, Global, 2018–2028~ ACME Coatings: Percent Volume Forecast by Technology, Global, 2018–2028~ ACME Coatings: Volume Forecast by Technology, Global, 2018–2028~ ACME Coatings: Average Price Forecast, Global, 2018–2028~ ACME Coatings: Competitive Environment, Global, 2021~ ACME Coatings: Revenue Share of Top Participants, Global, 2021~ GI Coatings: Key Requisites for GI Coatings, Global, 2021~ GI Coatings: Value Chain Analysis, Global, 2021~ GI Coatings: Growth Drivers, Global, 2022–2028~ GI Coatings: Manufacturing, Value Add (% of GDP), Global, 2020~ GI Coatings: Growth Restraints, Global, 2022–2028~ GI Coatings: Summary of Key Drivers and Restraints, Global, 2021–2028~ GI Coatings: Growth Metrics, Global, 2021~ GI Coatings: Revenue and Volume Forecast, Global, 2018–2028~ GI Coatings: Percent Revenue Forecast by Region, Global, 2018–2028~ GI Coatings: Percent Volume Forecast by Region, Global, 2018–2028~ GI Coatings: Volume Forecast by Region, Global, 2018–2028~ GI Coatings: Percent Unit Shipment by Subsegment, Global, 2021~ GI Coatings: Percent Volume Forecast by Chemistry, Global, 2018–2028~ GI Coatings: Volume Forecast by Chemistry, Global, 2018–2028~ GI Coatings: Percent Volume Forecast by Technology, Global, 2018–2028~ GI Coatings: Volume Forecast by Technology, Global, 2018–2028~ GI Coatings: Average Price Forecast, Global, 2018–2028~ GI Coatings: Competitive Environment, Global, 2021~ GI Coatings: Revenue Share of Top Participants, Global, 2021~ |
| Podcast | No |
| WIP Number | PCA3-01-00-00-00 |