Protective Coatings Market Size and Share Report, 2030

Description
Segmentation & Scope

The demand for protective coatings is increasing as more and more people are becoming aware of their benefits. Protective coatings provide a number of advantages over other finishes, including increased durability, resistance to weathering and corrosion, and improved aesthetics. The Coating can be used on a variety of surfaces, including wood, metal, concrete, and plastic. They are available in a wide range of colors and finishes, making it easy to find the right coating for any application. One of the main drivers of protective coatings market is that most of the consumers are buying the products to extend the life of the underlying surface as it surfaces from weathering, erosion, and corrosion, which can greatly reduce the life expectancy of the surface. Additionally, protective coatings can provide the surface with additional protection against water damage, mold, mildew, corrosion, and other environmental factors.

Wide Applications of Protecting Coatings to Drive Growth of Protective coatings market

Protective coatings are used in many different industries. The civil building & infrastructure industry uses them for flooring, wood finishes, interior & exterior walls, bridges, swimming pools, doors, and ceilings. Protective coatings are also used in transportation for paint on airplanes and trains. They can be found in automobiles for rust proofing cars through the use of rust proofer sprays or an anti-rust coating paint spray. Other protective coatings are used to make fireman coats flame retardant, which reduces the risk of injury when coming into contact with flames or sparks during a firefight or rescue mission.

Epoxy Protective coatings market is Booming, With New Innovations and Developments that are Keeping it Competitive

Protective coatings are widely used in building and infrastructure to prevent corrosion and extend the life of the asset. There are a variety of coatings available, each with its own advantages and disadvantages. The most common types of coatings include epoxy coating, paint coating, polyurethane, acrylic, zinc, and alkyd. Wherein, epoxy coatings are one of the most popular types of coatings because they offer excellent protection against corrosion. They are also very durable and can last for many years. However, epoxy coatings can be difficult to apply and can be expensive, which may hinder the growth of protective coatings market to some extent.

Epoxy coatings are employed in many different industries including the aerospace, automotive, marine, pipe line applications, oil and gas industry. Epoxy coatings provide excellent corrosion protection to applications exposed to acids; alkaline; moisture; salt; metal cleaners; fuel oils; oil exposure etc. which can be harmful or destructive to some other types of protective coatings like paint coating. Though epoxy is more expensive than paint coating but they are very durable and offers excellent abrasion resistance which makes them ideal for high traffic floors where maintenance cost needs to be minimized. The epoxy coating is basically made up of two components that include resin and hardener that together form an adhesive material useful various applications requiring a tough surface coating.

Increasing Demand for Protective Coating for Strengthening Old Infrastructure

The need to protect old infrastructure from corrosion and subsequent failure has never been greater, which is why there's a major demand for protective coatings. A recent study shows that more than 50% of bridges in the United States will require some kind vice-like replenishment within 20 years if nothing changes. Infrastructure that is over 30 years old needs to be replaced with new, improved structures in order for them continue functioning properly. The aging process causes these outdated pieces of equipment and systems - like bridges or pipelines-to become more susceptible to failure which leads us into an increase demand on protective coatings from such surfaces as metal plating due their inability withstand time's natural elements. The old infrastructure is becoming more vulnerable to environmental damage and it's a serious problem. It will eventually cause collapse, which could lead to accidents or injuries because some parts of these structures may not be able hold up under pressure anymore.

The increasing demand for protective coating from outdated buildings and infrastructure is projected to drive growth of protective coatings market.

Asia Pacific Protective coatings market is projected to Witness Fastest Growth

Protective coatings are a must-have for any industry that demands high quality and standards. Asia Pacific, with its rapid growth in demand for protective coating products has become the center of this profitable market trend. There's no question about it - Asian countries like South Korea have been leading producers since they were first introduced over 40 years ago but now other nations such China expect to fill those shoes if needed because there isn't enough production coming out yet due largely from decreased fossil fuel use. This rapid expansion has been because countries such as China and India are working towards economic development while still maintaining their agricultural sectors which provides them food security needs alongside other basic necessities like housing or transportation.

The automotive industry is one of the main drivers of this demand, as carmakers are always looking for ways to improve the durability and longevity of their products. In addition, the construction industry is also seeing rapid growth in Asia Pacific, as more and more people are moving to cities and needing new homes and office buildings. Protective coatings are essential in both industries, as they help protect against weathering, corrosion, and other forms of damage. Overall, the demand for protective coatings is growing rapidly in Asia Pacific, and countries in the region are taking advantage of this by investing in new production facilities. This is good news for coating manufacturers, as it means that there is a lot of potential for growth in global protective coatings market.

Key Players

Some of the key producers in the global protective coatings market are Nippon Paint Holdings Co., Ltd., Jotun; Kansai Paint Co.,Ltd. Sherwin-Williams, Beckers Group, Induron Protective Coatings; PPG Industries, Axalta Coating Systems, LLC, Hempel, AkzoNobel N.V., BASF SE and Jotun.

Regional Classification of the Global Protective 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 Protective Coatings Market

Protective 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 Protective 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 Protective Coatings
2.10. Economic Analysis

3. Production Output and Trade Statistics, 2018 - 2022
3.1. Protective 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 Protective Coatings Market Outlook, 2018 - 2030
5.1. Global Protective 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.
  5.1.2. BPS Analysis/Market Attractiveness Analysis
5.2. Global Protective Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  5.2.1. Key Highlights
5.2.1.1. Solvent-borne
5.2.1.2. Water-borne
5.2.1.3. Powder
5.2.1.4. UV/Radiation Cured
5.2.1.5. Misc.
  5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Global Protective Coatings Market Outlook, by End-users, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  5.3.1. Key Highlights
5.3.1.1. Infrastructure
5.3.1.2. Oil & Gas
5.3.1.3. Power Generation
5.3.1.4. Mining
5.3.1.5. Industrial
5.3.1.6. Aerospace
5.3.1.7. Marine
5.3.1.8. Misc. (Automotive, etc.)
  5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Global Protective 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 Protective Coatings Market Outlook, 2018 - 2030
6.1. North America Protective 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 Protective Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  6.2.1. Key Highlights
6.2.1.1. Solvent-borne
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 Protective Coatings Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  6.3.1. Key Highlights
6.3.1.1. Infrastructure
6.3.1.2. Oil & Gas
6.3.1.3. Power Generation
6.3.1.4. Mining
6.3.1.5. Industrial
6.3.1.6. Aerospace
6.3.1.7. Marine
6.3.1.8. Misc. (Automotive, etc.)
  6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. North America Protective 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 Protective Coatings Market Outlook, 2018 - 2030
7.1. Europe Protective 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 Protective Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  7.2.1. Key Highlights
7.2.1.1. Solvent-borne
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 Protective Coatings Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  7.3.1. Key Highlights
7.3.1.1. Infrastructure
7.3.1.2. Oil & Gas
7.3.1.3. Power Generation
7.3.1.4. Mining
7.3.1.5. Industrial
7.3.1.6. Aerospace
7.3.1.7. Marine
7.3.1.8. Misc. (Automotive, etc.)
7.4. Europe Protective 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 Protective Coatings Market Outlook, 2018 - 2030
8.1. Asia Pacific Protective 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 Protective Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  8.2.1. Key Highlights
8.2.1.1. Solvent-borne
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 Protective Coatings Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  8.3.1. Key Highlights
8.3.1.1. Infrastructure
8.3.1.2. Oil & Gas
8.3.1.3. Power Generation
8.3.1.4. Mining
8.3.1.5. Industrial
8.3.1.6. Aerospace
8.3.1.7. Marine
8.3.1.8. Misc. (Automotive, etc.)
8.4. Asia Pacific Protective 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 Protective Coatings Market Outlook, 2018 - 2030
9.1. Latin America Protective 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 Protective Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  9.2.1. Key Highlights
9.2.1.1. Solvent-borne
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 Protective Coatings Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  9.3.1. Key Highlights
9.3.1.1. Infrastructure
9.3.1.2. Oil & Gas
9.3.1.3. Power Generation
9.3.1.4. Mining
9.3.1.5. Industrial
9.3.1.6. Aerospace
9.3.1.7. Marine
9.3.1.8. Misc. (Automotive, etc.)
9.4. Latin America Protective 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 Protective Coatings Market Outlook, 2018 - 2030
10.1. Middle East & Africa Protective 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 Protective Coatings Market Outlook, by Technology, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  10.2.1. Key Highlights
10.2.1.1. Solvent-borne
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 Protective Coatings Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
  10.3.1. Key Highlights
10.3.1.1. Infrastructure
10.3.1.2. Oil & Gas
10.3.1.3. Power Generation
10.3.1.4. Mining
10.3.1.5. Industrial
10.3.1.6. Aerospace
10.3.1.7. Marine
10.3.1.8. Misc. (Automotive, etc.)
  10.3.2. BPS Analysis/Market Attractiveness Analysis
10.4. Middle East & Africa Protective 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. Nippon Paint Holdings Co.
  11.5.5. RPM International Inc.
  11.5.6. BASF SE
  11.5.7. Axalta Coating Systems
  11.5.8. Kansai Paint Co. Ltd.
  11.5.9. Jotun
  11.5.10. Hempel
  11.5.11. Asian Paints
  11.5.12. Chugoku Marine Paints, Ltd.
  11.5.13. Berger Paints

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

Protective 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 / Information

Latest Reports

Our Research Methodology