Industrial Coatings Market Size, Share, & Industry Analysis Report: By Technology (Solventborne, Waterborne, Powder Based, and Others), By Resin, By End Use, and By Region – Market Forecast, 2025–2034
Description
The global industrial coatings market size is expected to reach USD 130.50 billion by 2034, according to a new study by Polaris Market Research. The report “Industrial Coatings Market Size, Share, & Industry Analysis Report: By Technology (Solventborne, Waterborne, Powder Based, and Others), By Resin, By End Use, and By Region – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The industrial coatings market refers to the sector focused on the production, distribution, and application of specialized coatings designed for industrial use. These coatings serve primarily to protect substrates from various forms of degradation, including corrosion, abrasion, chemical attack, and weathering, thereby extending the lifespan and operational efficiency of industrial equipment, structures, and products. Furthermore, some industrial coatings provide functional properties such as electrical insulation, thermal regulation, or enhanced aesthetic appeal, depending on the specific application requirements across diverse industrial sectors.
The industrial coatings market is influenced by a multitude of factors, including the overall health and growth of key end-use industries such as automotive, aerospace, construction, oil & gas, and manufacturing. The demand for industrial coatings is closely linked to the level of industrial production, infrastructure development, and maintenance activities globally. Moreover, stringent environmental regulations aimed at reducing volatile organic compound (VOC) emissions are driving a shift toward more sustainable coating technologies such as water-borne and powder-based formulations. Technological advancements in coating materials and application techniques also play a crucial role in shaping the market dynamics and offering improved performance characteristics.
Industrial Coatings Market Report Highlights
By technology, the solventborne coatings segment holds the largest market share globally due to their superior performance characteristics and wide usage across various industrial sectors.
By resin, the epoxy resin segment accounts for the largest market share, attributed to its exceptional adhesion, chemical resistance, and mechanical strength, making it suitable for numerous demanding industrial applications.
By end use, the general industry segment holds the largest market share, encompassing a broad spectrum of applications across diverse manufacturing sectors and infrastructure projects worldwide.
By region, Asia Pacific accounts for the largest share. The Asia Pacific industrial coatings market is also expected to witness the highest growth rate during the forecast period.
A few of the major players active in the market include PPG Industries, Inc. (PPG); The Sherwin-Williams Company; Akzo Nobel N.V.; RPM International Inc.; Axalta Coating Systems; BASF SE; Kansai Paint Co., Ltd.; Nippon Paint Holdings Co., Ltd.; Hempel A/S; Jotun A/S; Wacker Chemie AG; and Covestro AG.
Polaris Market Research has segmented the industrial coatings market report on the basis of technology, resin, end use, and region:
By Technology Outlook (Revenue – USD Billion, 2020–2034)
Solventborne
Waterborne
Powder Based
Others
By Resin Outlook (Revenue – USD Billion, 2020–2034)
Epoxy
Acrylic
Alkyd
Polyester
Polyurethane
Fluoropolymer
Others
By End Use Outlook (Revenue – USD Billion, 2020–2034)
General Industry
Automotive
Aerospace
Power Generation
Oil and Gas
Mining
Others
By Regional Outlook (Revenue – USD Billion, 2020–2034)
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The industrial coatings market refers to the sector focused on the production, distribution, and application of specialized coatings designed for industrial use. These coatings serve primarily to protect substrates from various forms of degradation, including corrosion, abrasion, chemical attack, and weathering, thereby extending the lifespan and operational efficiency of industrial equipment, structures, and products. Furthermore, some industrial coatings provide functional properties such as electrical insulation, thermal regulation, or enhanced aesthetic appeal, depending on the specific application requirements across diverse industrial sectors.
The industrial coatings market is influenced by a multitude of factors, including the overall health and growth of key end-use industries such as automotive, aerospace, construction, oil & gas, and manufacturing. The demand for industrial coatings is closely linked to the level of industrial production, infrastructure development, and maintenance activities globally. Moreover, stringent environmental regulations aimed at reducing volatile organic compound (VOC) emissions are driving a shift toward more sustainable coating technologies such as water-borne and powder-based formulations. Technological advancements in coating materials and application techniques also play a crucial role in shaping the market dynamics and offering improved performance characteristics.
Industrial Coatings Market Report Highlights
By technology, the solventborne coatings segment holds the largest market share globally due to their superior performance characteristics and wide usage across various industrial sectors.
By resin, the epoxy resin segment accounts for the largest market share, attributed to its exceptional adhesion, chemical resistance, and mechanical strength, making it suitable for numerous demanding industrial applications.
By end use, the general industry segment holds the largest market share, encompassing a broad spectrum of applications across diverse manufacturing sectors and infrastructure projects worldwide.
By region, Asia Pacific accounts for the largest share. The Asia Pacific industrial coatings market is also expected to witness the highest growth rate during the forecast period.
A few of the major players active in the market include PPG Industries, Inc. (PPG); The Sherwin-Williams Company; Akzo Nobel N.V.; RPM International Inc.; Axalta Coating Systems; BASF SE; Kansai Paint Co., Ltd.; Nippon Paint Holdings Co., Ltd.; Hempel A/S; Jotun A/S; Wacker Chemie AG; and Covestro AG.
Polaris Market Research has segmented the industrial coatings market report on the basis of technology, resin, end use, and region:
By Technology Outlook (Revenue – USD Billion, 2020–2034)
Solventborne
Waterborne
Powder Based
Others
By Resin Outlook (Revenue – USD Billion, 2020–2034)
Epoxy
Acrylic
Alkyd
Polyester
Polyurethane
Fluoropolymer
Others
By End Use Outlook (Revenue – USD Billion, 2020–2034)
General Industry
Automotive
Aerospace
Power Generation
Oil and Gas
Mining
Others
By Regional Outlook (Revenue – USD Billion, 2020–2034)
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Table of Contents
118 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. South Korea Dietary Supplements Market Insights
- 4.1. Dietary Supplements Market – Application Snapshot
- 4.2. Dietary Supplements Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Strong Influence of K-Beauty and Inner Health Trends
- 4.2.1.2. Growth of E-Commerce and Mobile Shopping
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Cost of Products
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Dietary Supplements Market Application Trends
- 4.6. Value Chain Analysis
- 5. South Korea Dietary Supplements Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. South Korea Dietary Supplements Market, by Type, 2020-2034 (USD Billion)
- 5.3. Vitamins
- 5.3.1. South Korea Dietary Supplements Market, by Vitamins, 2020-2034 (USD Billion)
- 5.4. Minerals
- 5.4.1. South Korea Dietary Supplements Market, by Minerals, 2020-2034 (USD Billion)
- 5.5. Amino Acids
- 5.5.1. South Korea Dietary Supplements Market, by Amino Acids 2020-2034 (USD Billion)
- 5.6. Botanicals
- 5.6.1. South Korea Dietary Supplements Market, by Botanicals, 2020-2034 (USD Billion)
- 5.7. Probiotics
- 5.7.1. South Korea Dietary Supplements Market, by Probiotics, 2020-2034 (USD Billion)
- 5.8. Enzymes
- 5.8.1. South Korea Dietary Supplements Market, by Enzymes, 2020-2034 (USD Billion)
- 5.9. Others
- 5.9.1. South Korea Dietary Supplements Market, by Others, 2020-2034 (USD Billion)
- 6. South Korea Dietary Supplements Market, by Form
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. South Korea Dietary Supplements Market, by Form, 2020-2034 (USD Billion)
- 6.3. Tablets
- 6.3.1. South Korea Dietary Supplements Market, by Tablets, 2020-2034 (USD Billion)
- 6.4. Capsules
- 6.4.1. South Korea Dietary Supplements Market, by Capsules, 2020-2034 (USD Billion)
- 6.5. Gummies
- 6.5.1. South Korea Dietary Supplements Market, by Gummies, 2020-2034 (USD Billion)
- 6.6. Powder
- 6.6.1. South Korea Dietary Supplements Market, by Powder, 2020-2034 (USD Billion)
- 6.7. Soft Gels
- 6.7.1. South Korea Dietary Supplements Market, by Soft Gels, 2020-2034 (USD Billion)
- 6.8. Liquids
- 6.8.1. South Korea Dietary Supplements Market, by Liquids, 2020-2034 (USD Billion)
- 6.9. Others
- 6.9.1. South Korea Dietary Supplements Market, by Others 2020-2034 (USD Billion)
- 7. South Korea Dietary Supplements Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. South Korea Dietary Supplements Market, by Application, 2020-2034 (USD Billion)
- 7.3. Energy & Weight Management
- 7.3.1. South Korea Dietary Supplements Market, by Energy & Weight Management, 2020-2034 (USD Billion)
- 7.4. Bone & Joint Health
- 7.4.1. South Korea Dietary Supplements Market, by Bone & Joint Health, 2020-2034 (USD Billion)
- 7.5. Immunity
- 7.5.1. South Korea Dietary Supplements Market, by Immunity, 2020-2034 (USD Billion)
- 7.6. General Health
- 7.6.1. South Korea Dietary Supplements Market, by General Health, 2020-2034 (USD Billion)
- 7.7. Cardia Health
- 7.7.1. South Korea Dietary Supplements Market, by Cardia Health 2020-2034 (USD Billion)
- 7.8. Others
- 7.8.1. South Korea Dietary Supplements Market, by Others, 2020-2034 (USD Billion)
- 8. South Korea Dietary Supplements Market, by Distribution Channel
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. South Korea Dietary Supplements Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.3. Online Platforms
- 8.3.1. South Korea Dietary Supplements Market, by Online Platforms, 2020-2034 (USD Billion)
- 8.4. Offline Stores
- 8.4.1. South Korea Dietary Supplements Market, by Offline Stores, 2020-2034 (USD Billion)
- 9. South Korea Dietary Supplements Market, by End Use
- 9.1. Key Findings
- 9.2. Introduction
- 9.2.1. South Korea Dietary Supplements Market, by End Use, 2020-2034 (USD Billion)
- 9.3. Adults
- 9.3.1. South Korea Dietary Supplements Market, by Adults, 2020-2034 (USD Billion)
- 9.4. Children
- 9.4.1. South Korea Dietary Supplements Market, by Children, 2020-2034 (USD Billion)
- 9.5. Infants
- 9.5.1. South Korea Dietary Supplements Market, by Infants, 2020-2034 (USD Billion)
- 9.6. Pregnant Women
- 9.6.1. South Korea Dietary Supplements Market, by Pregnant Women, 2020-2034 (USD Billion)
- 9.7. Geriatric
- 9.7.1. South Korea Dietary Supplements Market, by Geriatric, 2020-2034 (USD Billion)
- 10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
- 11. Company Profiles
- 11.1. Abbott Laboratories
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Glanbia Plc
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. The Archer-Daniels-Midland Company
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Nature’s Sunshine Products, Inc.
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. GlaxoSmithKline plc
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Amway Corp.
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Herbalife International of America, Inc.
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. dsm-firmenich
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Pfizer Inc.
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Bayer AG
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
Pricing
Currency Rates
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