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 13^th 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

Post Sale Support, Research Updates & Offerings

We value the trust shown by our customers in Fairfield Market Research. We support our clients through our post sale support, research updates and offerings.

The report will be prepared in a PPT format and will be delivered in a PDF format.

Additionally, Market Estimation and Forecast numbers will be shared in Excel Workbook.

If a report being sold was published over a year ago, we will offer a complimentary copy of the updated research report along with Market Estimation and Forecast numbers within 2-3 weeks’ time of the sale.

If we update this research study within the next 2 quarters, post purchase of the report, we will offer a Complimentary copy of the updated Market Estimation and Forecast numbers in Excel Workbook.

If there is a geopolitical conflict, pandemic, recession, and the like which can impact global economic scenario and business activity, which might entirely alter the market dynamics or future projections in the industry, we will create a Research Update upon your request at a nominal charge.

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

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)

Request Table of Contents

Latest Reports

Our Research Methodology