How big is the coating industry?

The global market volume of paint and coatings amounted to nearly ten billion gallons in 2019. By 2025, the global paint and coatings industry is expected to be valued at some 179 billion dollars.

What is paint and coating industry?

The coatings industry is one of the most heavily regulated industries in the world, so producers have been forced to adopt low-solvent and solventless technologies in the past 40 years, and will continue to do so. Another 35% of the coatings are used to decorate and/or protect industrial products.

What is the future of paint?

The global market for paints and coatings is expected to grow at a considerable rate in coming years. According to a report issued by BCC Research, the market is forecasted to reach $164.1 billion by 2021. This is largely being fuelled by increasing demand from both developing and developed countries.

Which industry is paint?

The Paints and Coatings Industry is one of the most heavily regulated industries in the world. The sector consists of manufacturers of paints, varnishes, lacquers, shellacs, stains and a variety of other specialty coatings. The Indian Paint Industry is estimated to be Rs. 50,000 Crores industry.

What are the typical industrial coatings?

Types of Industrial Coatings. While there are many application processes, some typical polymers that are used as coatings are: Epoxy; Polyurethane; Fluoropolymer; Moisture cure urethane; Industrial wood coatings can be used for a range of applications, often applied to furniture, industrial joinery, and bathroom and kitchen fittings. Aqua-Shield Industrial Coating Products

What are industrial coatings and their applications?

What are Industrial Coatings and their Applications? Industrial coatings are products engineered specifically for their protective and functional properties . But while protection is their underlying goal, they also can be aesthetic. Most industrial coatings are used for corrosion control of concrete and steel, but they lie under a complex market umbrella and work in numerous areas. Also known as Original Equipment Manufacture (OEM) coatings, these industrial-grade products can be used for a

Can coatings market by type?

The global can coatings market can be segmented on the basis of type, application, as well as region. On the basis of type, the market is segmented into acrylic can coatings, epoxy can coatings, polyester can coatings, and others, including polyolefin and non-BPA epoxy coatings.

What are the major paint companies?

Most factories are medium-sized, 70% of industry revenue comes from has 20-250 employees in factories, the average annual sales of about $ 25 million facility. Large companies include Diamond Paints, Sherwin-Williams, RPM, Valspar, and divisions of DuPont, and PPG.