Market revenue in 2024 | USD 16,179.8 million |
Market revenue in 2030 | USD 19,527.0 million |
Growth rate | 3.3% (CAGR from 2025 to 2030) |
Largest segment | Acrylic |
Fastest growing segment | Acrylic |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 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 |
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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 37.16% in 2024. Horizon Databook has segmented the U.S. 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. is one of the key aerospace markets in the world. The country is a leader in the manufacturing of aerospace and related components. The availability of well-trained machinists, aerospace engineers & other skilled labors, and increasing air commute are driving huge investments in the U.S. aerospace industry.
In addition, the presence of prominent aircraft manufacturers such as Gulfstream Aerospace, The Boeing Company, and Textron Aviation, Inc. is expected to significantly drive the growth of the aerospace industry in the country.
The U.S. has witnessed a huge growth in automobile production in the recent past. For instance, in March 2017, automotive manufacturer, Ford, announced the production expansion of trucks and SUVs in three of its facilities located in Michigan, U.S. The overall cost of expansion was approximately USD 1.2 billion.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. industrial coatings market , including forecasts for subscribers. This country databook contains high-level insights into U.S. industrial coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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