Global Industrial Coatings Market Size & Outlook
Global industrial coatings market, 2018-2030 (US$M)
Related Markets
Global industrial coatings market highlights
- The global industrial coatings market generated a revenue of USD 93,630.6 million in 2024 and is expected to reach USD 116,679.5 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 3.8% by 2030.
- In terms of segment, acrylic accounted for a revenue of USD 34,992.1 million in 2024.
- Acrylic is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 93,630.6 million |
| Market revenue in 2030 | USD 116,679.5 million |
| Growth rate | 3.8% (CAGR from 2025 to 2030) |
| Largest segment | Acrylic |
| Fastest growing segment | Acrylic |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Acrylic, Alkyd, Polyurethane, Epoxy, Polyesters, Other |
Other key industry trends
- In terms of revenue, the North America accounted for 20.0% of the global industrial coatings market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 11,395.5 million by 2030.
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Industrial Coatings Market Scope
Industrial Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global industrial coatings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial coatings market will help companies and investors design strategic landscapes.
Acrylic was the largest segment with a revenue share of 37.37% in 2024. Horizon Databook has segmented the Global industrial coatings market based on acrylic, alkyd, polyurethane, epoxy, polyesters, other covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Industrial Coatings Product Outlook (Revenue, USD Million, 2018-2030)
- Acrylic
- Alkyd
- Polyurethane
- Epoxy
- Polyesters
- Other
- Global Industrial Coatings Technology Outlook (Revenue, USD Million, 2018-2030)
- Solvent Borne
- Water Borne
- Powder Based
- Others
- Global Industrial Coatings End Use Outlook (Revenue, USD Million, 2018-2030)
- General Industrial
- Marine
- Automotive & Vehicle Refinish
- Electronics
- Aerospace
- Oil & Gas
- Mining
- Power Generation
- Other
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Our clientele includes a mix of industrial coatings market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial coatings market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global industrial coatings market size, by regions, 2018-2030 (US$M)
Top 10 countries: Industrial coatings market size, 2024 (US$M)
Global industrial coatings market share, by product, 2024 & 2030 (%, US$M)
Industrial coatings market: Opportunity assessment by country
Global industrial coatings market, by region, 2024 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 17,110.9 | 17,490.6 | 16,752.4 | 17,361.5 | 17,694.7 | 18,253.2 | 18,711.5 | 19,212.4 | 19,758.8 | 20,353.5 | 20,998.8 | 21,699.5 | 22,459.2 | 3.2% |
| Europe | 23,243.5 | 24,062.4 | 24,694.8 | 26,469.2 | 27,673.5 | 26,469.1 | 27,405.6 | 28,426.0 | 29,537.2 | 30,747.2 | 32,061.5 | 33,491.2 | 35,046.1 | 4.3% |
| Asia Pacific | 33,927.7 | 35,002.6 | 33,996.8 | 35,647.9 | 36,729.1 | 37,904.6 | 39,185.7 | 40,575.9 | 42,083.4 | 43,717.6 | 45,486.7 | 47,403.0 | 49,478.4 | 4.1% |
| Latin America | 4,667.3 | 4,770.6 | 4,583.0 | 4,765.0 | 4,868.1 | 4,977.4 | 5,092.2 | 5,218.1 | 5,355.7 | 5,505.9 | 5,668.8 | 5,845.9 | 6,038.0 | 3.0% |
| MEA | 3,054.0 | 3,110.1 | 2,980.5 | 3,082.3 | 3,130.7 | 3,183.7 | 3,235.6 | 3,292.0 | 3,353.0 | 3,418.7 | 3,492.1 | 3,571.5 | 3,657.8 | 2.1% |
| Overall | 82,003.3 | 84,436.3 | 83,007.5 | 87,325.9 | 90,096.2 | 90,787.9 | 93,630.6 | 96,724.3 | 100,088.1 | 103,742.8 | 107,707.9 | 112,011.0 | 116,679.5 | 3.8% |
Related regional statistics
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