Delray Beach, FL, July 29, 2025 (GLOBE NEWSWIRE) — The Industrial Coatings Market is estimated to grow from USD 112.04 billion in 2024 to USD 142.35 billion by 2030, at a CAGR of 4.12% between 2025 and 2030, as per the recent study by MarketsandMarkets™. Solvent-borne coatings are reliable and can be used in a variety of demanding applications, making up the largest market segment in the world of industrial coatings. Their resilience and strong adhesion lead people to depend on them for automotive, machinery, and building projects. However, increasing environmental regulations, concerns about VOC emissions, and a growing need for sustainability are transforming market dynamics. As a result, powder coatings and waterborne coatings are rapidly gaining popularity due to their environmentally friendly properties, being almost VOC-free, and the advancement of application technologies. More people are opting for these alternatives in both developed and emerging markets, primarily where the focus is on complying with environmental regulations and ensuring safety during operations.
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Browse in-depth TOC on “Industrial Coatings Market”
386 – Market Data Tables
60 – Figures
345 – Pages
List of Key Players in Industrial Coatings Market:
- The Sherwin-Willaims Company (US)
- PPG Industries Inc. (US)
- AkzoNobel N.V. (Netherlands)
- Axalta Coating Systems LLC (US)
- Jotun A/S (Norway)
- Nippon Paint Holdings Co., Ltd. (Japan)
- Kansai Paint Co., Ltd. (Japan)
- RPM International Inc. (US)
- Hempel A/S (Denmark)
- BASF Coatings GmbH (Germany)
Drivers, Opportunities and Challenges in Industrial Coatings Market:
- Drivers: Increasing demand from automotive industry
- Restraint: luctuating raw material prices
- Opportunity: Increasing use of nanocoatings
- Challenge: Stringent regulatory policies
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Key Findings of the Study:
- Epoxy resin is projected to be the fastest-growing resin type in terms of value during the forecast period
- The waterborne technology segment accounted for the second-largest share of …