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, 2026–2034

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 is the sector focused on the production, distribution, and application of specialized coatings for industrial use. These coatings help protect surfaces against corrosion, wear, chemicals, and weathering. This increases the life of the equipment or product. There are various coatings that have additional functionality. Examples include electrical insulation coatings, heat-resistant coatings, and aesthetic coatings.

Factors affecting the industrial coatings market include the growth of major industries such as automotive, aerospace, building and construction, oil and gas, and manufacturing. In fact, the higher the industrial production, the higher the demand for industrial coatings. However, stringent government standards aimed at reducing VOCs have increased the use of waterborne and powder coatings.

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 type, the epoxy resin segment accounts for the largest market share, owing 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 grow at the highest 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.

Request a free sample copy or read the full market insights: Industrial coatings market Report

Where is Industrial Coatings Market Headed?

Industrial coatings are increasingly in demand. These coatings shield equipment and infrastructure from corrosion, chemicals, and abrasions. Additionally, some types of industrial coatings offer heating and aesthetics. Solventborne coatings are most advanced in terms of technology, followed by epoxy, and by the general industry in end use. In addition, the Asia-Pacific region is the largest and fastest-growing market for industrial coatings.

What Does Industrial Coatings Report Reveal?

What is the size of the industrial coatings market, and at what rate is it projected to grow in the forecast period?

What are the major drivers of the demand for industrial coatings in the categories of manufacturing, infrastructure, automotive, marine, and energy markets?

What coating technologies and types of resins are getting the most attention, and why are more people turning to waterborne coatings and powder coatings?

What are the end-use industries that are driving demand for industrial coatings?

How are regulations regarding the environment and the objectives of sustainability influencing the evolving nature of low-VOC and green industrial coatings?

What are the opportunities in Asia/Pacific, North America, Europe, Latin America, and the Middle East & Africa regions?

What are the issues arising in the industrial coating market with regard to regulations, material prices, and technology?

Polaris Market Research has segmented the industrial coatings market by technology, by resin, by end use, and by 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

Europe

Germany

France

UK

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indnesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America Show more