Fairfield Market Research Organic Coatings Market Size and Share Report, 2030

Organic Coatings Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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Industry: Chemicals & Materials


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Sustainable and Eco Friendly Characteristics to Augment Organic Coatings Market Growth

Increasing adoption for organic coatings to improve durability and surface stability remains instrumental in driving market growth. Moreover, their use as an effective medium of protection from corrosion and damage has triggered their demand across industries such as automotive, electrical, building and construction, energy production and oil & gas among others. In addition, increasing demand for green material, on the back of growing environmental concerns, has largely influenced the market. Apart from providing protection from external factors and enhancing stability quotient, organic coatings are an eco-friendly alternative to their inorganic counterparts. Albeit having low heat resistance, other perceived benefits of these coatings such as cost effectiveness and greater sustainability continue to influence their demand, says research.

As per study, the global organic coatings market is anticipated to grow at a rate of over 5% in the next six years, likely to cross a valuation of more than US$20 Bn.

Automotive Industry to Offer Accelerated Growth Rate as Manufacturing Sees a Boom

Automotive industry is expected to present lucrative growth opportunities for organic coatings as these are increasingly being used for preventing corrosion and as anti-abrasion agents. Also, use of organic coatings in the automotive aftermarket is likely to influence their sales, consequently contributing towards market growth. This aspect coupled with growing vehicle manufacturing and vehicle registration is expected to bode well for the organic coatings market. According to OICA (International Organization of Motor Vehicle Manufacturers), in 2020, sale of approximately 55 million passenger cars was recorded, which grew by around 5 million to reach 57 million units in 2021 on the global front. This is expected to trigger the use of organic coatings in automobile, in turn influencing market growth.

Acrylic Based Organic Coatings to Account for Major Revenue Share in the Market

Acrylic organic coatings are expected to witness momentous demand in the coming years. Acrylic based coatings find applications across various end uses such as transportation, architectural and protective applications. Acrylic organic coatings reflect higher resistance towards fungal development, have long service life and superior moisture resistance. Moreover, other benefits of acrylic coatings such as low cost and ease of application makes them an apt choice across end uses, consequently contributing to the valuation of the organic coatings market.

Asia Pacific Likely to Spearhead in the Organic Coatings Market

Emerging economies such as China and India are poised to showcase higher lucrativeness apropos to use of organic coatings. China, in particular is expected to reflect higher growth potential owing to increasing number of oil & gas activities coupled with proliferating infrastructure development. Moreover, China’s 13th 5 year plan apropos to oil and gas has been setting targets for construction, infrastructure and self-sufficiency. This is also expected to create various opportunities for foreign and private companies in the country. Another factor contributing towards growth of organic coatings in the country is the increasing demand for welan hum which is used in various drilling applications for production of oil. That said, the increasing use of organic coatings owing to their anti-corrosive properties is expected to fuel their demand in the oil and gas sector, consequently complementing market growth in the region.

Likewise, growing construction sector in India is expected to bode well for the organic coatings market. Buoyancy in the building and construction industry is expected to fuel demand for organic coatings on the back of their perceived benefits such as high corrosion resistance, low VOC emissions, improved performance with longer re-coat cycles and better edge retention thus reducing rust zone penetration. In this backdrop, sale of organic coatings is poised to grow, thus auguring well for the market in Asia Pacific. Manufacturers can expect an optimistic scenario in Asia Pacific market for organic coatings in the years to follow.

Organic Coatings Market: Competitive Landscape

Some of the key players operating the market are Anochrome Group, Akzo Nobel NV, PPG Industries Inc., The Sherwin-Williams Company, Organic Coatings Ltd., AD International, BASF SE, Hi-Tech Metal Finishing, DeKalb Metal Finishing and Axalta.

Regional Classification of the Global Organic Coatings Market is Listed Below:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • Spain
  • U.K.
  • Italy
  • Russia
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

 Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East and Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

*Regions and countries are subject to change based on data availability.

Key Elements Included In The Study: Global Organic Coatings Market

  • Organic Coatings Market by Product/Technology/Grade, Application/End-user, and Region
  • Executive Summary (Opportunity Analysis and Key Trends)
  • Historical Market Size and Estimates, Value and Volume, 2018 - 2022
  • Volume Consumption at Regional and Country Level, 2023 - 2030
  • Market Dynamics and Economic Overview
  • Market Size in Value and Volume, Growth Rates, and Forecast Figures, 2023 - 2030
  • Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies 
  • Regional and Product/Grade/Application/End-user Price Trends Analysis
  • Value Chain and Five Force’s Analysis
  • Regional/Sub-region/Country Market Size and Trend Analysis
  • Company Market Share Analysis and Key Player Profiles

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1. Executive Summary
     1.1. Global Organic Coatings Market Snapshot
     1.2. Key Market Trends
     1.3. Future Projections
     1.4. Analyst Recommendations

2. Market Overview
     2.1. Market Definitions and Segmentations
     2.2. Market Dynamics
            2.2.1. Drivers
                   2.2.1.1. Driver A
                   2.2.1.2. Driver B
                   2.2.1.3. Driver C
            2.2.2. Restraints
                   2.2.2.1. Restraint 1
                   2.2.2.2. Restraint 2
            2.2.3. Market Opportunities Matrix
     2.3. Value Chain Analysis
     2.4. Porter’s Five Forces Analysis
     2.5. Covid-19 Impact Analysis
            2.5.1. Supply
            2.5.2. Demand
     2.6. Government Regulations
     2.7. Technology Landscape
     2.8. Bio sourced and Renewable Raw Material Analysis
     2.9. Suppliers – Bio sourced Organic Coatings
     2.10. Economic Analysis

3. Production Output and Trade Statistics, 2018 - 2022
     3.1. Organic Coatings Supply-Demand Analysis
     3.2. Regional Production Statistics
            3.2.1. North America
            3.2.2. Europe
            3.2.3. Asia Pacific
            3.2.4. Latin America
            3.2.5. Middle East & Africa

4. Price Trends Analysis and Future Projects, 2018 - 2030
     4.1. Key Highlights
     4.2. Prominent Factors Affecting Prices
     4.3. By Binder and By End-users
     4.4. By Region

5. Global Organic Coatings Market Outlook, 2018 - 2030
     5.1. Global Organic Coatings Market Outlook, by Binder, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            5.1.1. Key Highlights
                   5.1.1.1. Epoxy
                   5.1.1.2. Alkyd
                   5.1.1.3. Polyurethane
                   5.1.1.4. Acrylic
                   5.1.1.5. Polyester
                   5.1.1.6. Misc. (Cellulose Derivatives, etc.)
            5.1.2. BPS Analysis/Market Attractiveness Analysis
     5.2. Global Organic Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            5.2.1. Key Highlights
                   5.2.1.1. High Solids
                   5.2.1.2. Water-borne
                   5.2.1.3. Powder
                   5.2.1.4. UV/Radiation Cured
            5.2.2. BPS Analysis/Market Attractiveness Analysis
     5.3. Global Organic Coatings Market Outlook, by End-users, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            5.3.1. Key Highlights
                   5.3.1.1. Automotive
                   5.3.1.2. Oil & Gas
                   5.3.1.3. Power Generation
                   5.3.1.4. Building & Construction
                   5.3.1.5. Industrial
                   5.3.1.6. Wood Furniture
                   5.3.1.7. Marine
                   5.3.1.8. Misc. (Healthcare, etc.)
            5.3.2. BPS Analysis/Market Attractiveness Analysis
     5.4. Global Organic Coatings Market Outlook, by Region, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            5.4.1. Key Highlights
                   5.4.1.1. North America
                   5.4.1.2. Europe
                   5.4.1.3. Asia Pacific
                   5.4.1.4. Latin America
                   5.4.1.5. Middle East & Africa
            5.4.2. BPS Analysis/Market Attractiveness Analysis

6. North America Organic Coatings Market Outlook, 2018 - 2030
     6.1. North America Organic Coatings Market Outlook, by Binder, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            6.1.1. Key Highlights
                   6.1.1.1. Epoxy
                   6.1.1.2. Alkyd
                   6.1.1.3. Polyurethane
                   6.1.1.4. Acrylic
                   6.1.1.5. Polyester
                   6.1.1.6. Misc.
            6.1.2. BPS Analysis/Market Attractiveness Analysis
     6.2. North America Organic Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            6.2.1. Key Highlights
                   6.2.1.1. High Solids
                   6.2.1.2. Water-borne
                   6.2.1.3. Powder
                   6.2.1.4. UV/Radiation Cured
                   6.2.1.5. Misc.
            6.2.2. BPS Analysis/Market Attractiveness Analysis
     6.3. North America Organic Coatings Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            6.3.1. Key Highlights
                   6.3.1.1. Automotive
                   6.3.1.2. Oil & Gas
                   6.3.1.3. Power Generation
                   6.3.1.4. Building & Construction
                   6.3.1.5. Industrial
                   6.3.1.6. Wood Furniture
                   6.3.1.7. Marine
                   6.3.1.8. Misc. (Healthcare, etc.)
            6.3.2. BPS Analysis/Market Attractiveness Analysis
     6.4. North America Organic Coatings Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            6.4.1. Key Highlights
                   6.4.1.1. U.S.
                   6.4.1.2. Canada
            6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Organic Coatings Market Outlook, 2018 - 2030
     7.1. Europe Organic Coatings Market Outlook, by Binder, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            7.1.1. Key Highlights
                   7.1.1.1. Epoxy
                   7.1.1.2. Alkyd
                   7.1.1.3. Polyurethane
                   7.1.1.4. Acrylic
                   7.1.1.5. Polyester
                   7.1.1.6. Misc.
            7.1.2. BPS Analysis/Market Attractiveness Analysis
     7.2. Europe Organic Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            7.2.1. Key Highlights
                   7.2.1.1. High Solids
                   7.2.1.2. Water-borne
                   7.2.1.3. Powder
                   7.2.1.4. UV/Radiation Cured
                   7.2.1.5. Misc.
            7.2.2. BPS Analysis/Market Attractiveness Analysis
     7.3. Europe Organic Coatings Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            7.3.1. Key Highlights
                   7.3.1.1. Automotive
                   7.3.1.2. Oil & Gas
                   7.3.1.3. Power Generation
                   7.3.1.4. Building & Construction
                   7.3.1.5. Industrial
                   7.3.1.6. Wood Furniture
                   7.3.1.7. Marine
                    7.3.1.8. Misc. (Healthcare, etc.)
     7.4. Europe Organic Coatings Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            7.4.1. Key Highlights
                   7.4.1.1. Germany
                   7.4.1.2. France
                   7.4.1.3. U.K.
                   7.4.1.4. Italy
                   7.4.1.5. Spain
                   7.4.1.6. Turkey
                   7.4.1.7. Russia
                   7.4.1.8. Rest of Europe
            7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Organic Coatings Market Outlook, 2018 - 2030
     8.1. Asia Pacific Organic Coatings Market Outlook, by Binder, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            8.1.1. Key Highlights
                   8.1.1.1. Epoxy
                   8.1.1.2. Alkyd
                   8.1.1.3. Polyurethane
                   8.1.1.4. Acrylic
                   8.1.1.5. Polyester
                   8.1.1.6. Misc.
            8.1.2. BPS Analysis/Market Attractiveness Analysis
     8.2. Asia Pacific Organic Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            8.2.1. Key Highlights
                   8.2.1.1. High Solids
                   8.2.1.2. Water-borne
                   8.2.1.3. Powder
                   8.2.1.4. UV/Radiation Cured
                   8.2.1.5. Misc.
            8.2.2. BPS Analysis/Market Attractiveness Analysis
     8.3. Asia Pacific Organic Coatings Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            8.3.1. Key Highlights
                   8.3.1.1. Automotive
                   8.3.1.2. Oil & Gas
                   8.3.1.3. Power Generation
                   8.3.1.4. Building & Construction
                   8.3.1.5. Industrial
                   8.3.1.6. Wood Furniture
                   8.3.1.7. Marine
                   8.3.1.8. Misc. (Healthcare, etc.)
     8.4. Asia Pacific Organic Coatings Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            8.4.1. Key Highlights
                   8.4.1.1. China
                   8.4.1.2. Japan
                   8.4.1.3. South Korea
                   8.4.1.4. India
                   8.4.1.5. Southeast Asia
                   8.4.1.6. Rest of Asia Pacific
            8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Organic Coatings Market Outlook, 2018 - 2030
     9.1. Latin America Organic Coatings Market Outlook, by Binder, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            9.1.1. Key Highlights
                   9.1.1.1. Epoxy
                   9.1.1.2. Alkyd
                   9.1.1.3. Polyurethane
                   9.1.1.4. Acrylic
                   9.1.1.5. Polyester
                   9.1.1.6. Misc.
            9.1.2. BPS Analysis/Market Attractiveness Analysis
     9.2. Latin America Organic Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            9.2.1. Key Highlights
                   9.2.1.1. High Solids
                   9.2.1.2. Water-borne
                   9.2.1.3. Powder
                   9.2.1.4. UV/Radiation Cured
                   9.2.1.5. Misc.
            9.2.2. BPS Analysis/Market Attractiveness Analysis
     9.3. Latin America Organic Coatings Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            9.3.1. Key Highlights
                   9.3.1.1. Automotive
                   9.3.1.2. Oil & Gas
                   9.3.1.3. Power Generation
                   9.3.1.4. Building & Construction
                   9.3.1.5. Industrial
                   9.3.1.6. Wood Furniture
                   9.3.1.7. Marine
                   9.3.1.8. Misc. (Healthcare, etc.)
     9.4. Latin America Organic Coatings Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            9.4.1. Key Highlights
                   9.4.1.1. Brazil
                   9.4.1.2. Mexico
                   9.4.1.3. Argentina
                   9.4.1.4. Rest of Latin America
            9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Organic Coatings Market Outlook, 2018 - 2030
     10.1. Middle East & Africa Organic Coatings Market Outlook, by Binder, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            10.1.1. Key Highlights
                   10.1.1.1. Epoxy
                   10.1.1.2. Alkyd
                   10.1.1.3. Polyurethane
                   10.1.1.4. Acrylic
                   10.1.1.5. Polyester
                   10.1.1.6. Misc.
            10.1.2. BPS Analysis/Market Attractiveness Analysis
     10.2. Middle East & Africa Organic Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            10.2.1. Key Highlights
                   10.2.1.1. High Solids
                   10.2.1.2. Water-borne
                   10.2.1.3. Powder
                   10.2.1.4. UV/Radiation Cured
                   10.2.1.5. Misc.
            10.2.2. BPS Analysis/Market Attractiveness Analysis
     10.3. Middle East & Africa Organic Coatings Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            10.3.1. Key Highlights
                   10.3.1.1. Automotive
                   10.3.1.2. Oil & Gas
                   10.3.1.3. Power Generation
                   10.3.1.4. Building & Construction
                   v10.3.1.5. Industrial
                   10.3.1.6. Wood Furniture
                   10.3.1.7. Marine
                   10.3.1.8. Misc. (Healthcare, etc.)
            10.3.2. BPS Analysis/Market Attractiveness Analysis
     10.4. Middle East & Africa Organic Coatings Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
            10.4.1. Key Highlights
                   10.4.1.1. GCC
                   10.4.1.2. South Africa
                   10.4.1.3. Egypt
                   10.4.1.4. Rest of Middle East & Africa
            10.4.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape
     11.1. Company Market Share Analysis, 2022
     11.2. Competitive Dashboard
     11.3. Product vs Application Heatmap
     11.4. Company Manufacturing Footprint Analysis
     11.5. Company Profiles
            11.5.1. The Sherwin-Williams Co.
                   11.5.1.1. Company Overview
                   11.5.1.2. Product Portfolio
                   11.5.1.3. Financial Overview
                   11.5.1.4. Business Strategies and Development
            11.5.2. Akzo Nobel N.V.
            11.5.3. PPG Industries
            11.5.4. Anochrome Group
            11.5.5. BASF SE
            11.5.6. Kansai Nerolac
            11.5.7. Organic Coatings Pvt. Ltd.
            11.5.8. Hi-Tech Metal Finishing
            11.5.9. Beckers Group
            11.5.10. Nippon Paint
            11.5.11. Asian Paints
            11.5.12. Berger Paints

12. Appendix
     12.1. Research Methodology
     12.2. Report Assumptions
     12.3. Acronyms and Abbreviations

Our Research Methodology

Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.

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