Precision Business Insights has published a report on the global industrial coatings market, estimating its value at USD 88,575 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-industrial-coatings-market

The industrial coatings industry includes a broad spectrum of protective and ornamental finishes used on manufactured items, infrastructure, and machinery. These coatings are designed to increase durability, prevent corrosion, improve aesthetics, and survive extreme weather conditions.

Drivers:

• Rising demand for OEM and refinish coatings to protect vehicle surfaces and enhance appearance.
• Increased use of floor and structural coatings in commercial and industrial buildings, especially in emerging economies.

The global industrial coatings market segmentation:

1) By Resin: Polyurethane, Epoxy, Acrylic, Polyester, and Alkyd

2) By Technology: Solvent, Water, Powder, and High Solids

3) By End Use Industry: Aerospace, Automotive, Consumer Durables, Industrial, Marine, Wood, Transportation, and Others

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Regional Overview:
The report also examines the current concerns and their Future Effects on the industrial coatings market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the industrial coatings market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Akzo Nobel N.V., Asian Paints Ltd., Axalta Coating Systems Ltd, LLC, BASF SE, Beckers Group, Berger Paints India Limited, Chemetall, Chugoku Marine Paints Ltd., Croda International PLC, Diamond Paints US, DowDuPont, Evonik Industries AG, Guangdong Carpoly Chemical Group Co., Ltd., Hempel A/S, Henkel & Co. KGaA AG, The Jotun Group, Kansai Paint Co., Ltd., Nippon Paint Co. Ltd., PPG Industries, Inc., RPM International Inc., Sika AG, The Sherwin-Williams Company, Wacker Chemie AG, Yip's Chemical Holdings Limited, Yung Chi Paint and Varnishing Mfg. Co., Ltd.

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