North America Industrial Coatings Market Size & Outlook
North America industrial coatings market, 2018-2030 (US$M)
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North America industrial coatings market highlights
- The North America industrial coatings market generated a revenue of USD 18,711.5 million in 2024.
- The market is expected to grow at a CAGR of 3.2% from 2025 to 2030.
- In terms of segment, acrylic was the largest revenue generating product in 2024.
- Acrylic is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 18,711.5 million |
| Market revenue in 2030 | USD 22,459.2 million |
| Growth rate | 3.2% (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 |
| Key market players worldwide | Akzo Nobel NV, Axalta Coating Systems Ltd, PPG Industries Inc, Sherwin-Williams Co, Nippon Paint Holdings Co Ltd, NKT A/S |
Other key industry trends
- In terms of revenue, North America region accounted for 20.0% of the global industrial coatings market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 35,046.1 million by 2030.
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Industrial Coatings Market Scope
Industrial Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 37.12% in 2024. Horizon Databook has segmented the North America industrial coatings market based on acrylic, alkyd, polyurethane, epoxy, polyesters, other covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominated the industrial coatings market in North America in 2019 and the trend is projected to continue over the forecast period. Growing demand for the product from various end-use industries, such as general, aerospace, marine, oil & gas, and automotive, is anticipated to create lucrative opportunities for the growth of the North American industrial coatings market in the coming years.
The construction industry is witnessing significant growth in the region. Countries such as the U.S. and Canada are characterized by low-risk environment and a robust financial sector. This has provided a multitude of opportunities for investors in recent years, which is expected to trigger infrastructure spending in the region.
In addition, reconstruction activities in the U.S., coupled with infrastructure development in Canada and Mexico, as a result of rapid industrialization, are expected to provide immense potential for the growth of the North American market over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America industrial coatings market , including forecasts for subscribers. This continent databook contains high-level insights into North America industrial coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America industrial coatings market size, by country, 2018-2030 (US$M)
North America Industrial Coatings Market Outlook Share, 2024 & 2030 (US$M)
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