Liquid Coating Trends and Forecast
The future of the global liquid coating market looks promising with opportunities in the primer, base coat, top coat, and clear coat markets. The global liquid coating market is expected to reach an estimated $66.2 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing industrialization in emerging nations, widespread application of liquid industrial coating in a range of sectors, such as manufacturing, food & beverage, oil & gas, energy, and electronics, as well as, increase in production operations, improvements in the midstream business, and regulatory assistance from the present government.Liquid Coating by Segment
The study includes a forecast for the global liquid coating by resin type, coating technology, coating layer, and region.Liquid Coating Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]
- Polyester
- Polyurethane
- Acrylic
- Alkyd
Liquid Coating Market by Coating Technology [Shipment Analysis by Value from 2018 to 2030]
- Solvent Borne
- Water Borne
- UV Cure
Liquid Coating Market by Coating Layer [Shipment Analysis by Value from 2018 to 2030]
- Primer
- Base Coat
- Top Coat
- Clear Coat
Liquid Coating Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Liquid Coating Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies liquid coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the liquid coating companies profiled in this report include-- Asian Paints
- Advance Paints
- PPG Industries
- Akzo Nobel
- Hempel
- Titan Paints & Chemicals
- Kansai Paint
- Rust- Oleum
- Nippon Paint
- Durolac Paints
Liquid Coating Market Insights
The publisher forecasts that polyester will remain the largest segment over the forecast period because the polyester coatings are more useful, quick to dry, resistant to corrosion, economical, and have additional chemical resistance properties.North America will remain the largest region over the forecast period due to increasing the use of liquid coatings in military and healthcare settings in the region.
Features of the Global Liquid Coating Market
- Market Size Estimates: Liquid coating market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Liquid coating market size by resin type, coating technology, coating layer, and region in terms of value ($B).
- Regional Analysis: Liquid coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different resin type, coating technology, coating layer, and regions for the liquid coating market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the liquid coating market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the liquid coating market size?Answer: The global liquid coating market is expected to reach an estimated $66.2 billion by 2030.
Q2. What is the growth forecast for liquid coating market?
Answer: The global liquid coating market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the liquid coating market?
Answer: The major drivers for this market are growing industrialization in emerging nations, widespread application of liquid industrial coating in a range of sectors, such as manufacturing, food & beverage, oil & gas, energy, and electronics, as well as, increase in production operations, improvements in the midstream business, and regulatory assistance from the present government.
Q4. What are the major segments for liquid coating market?
Answer: The future of the global liquid coating market looks promising with opportunities in the primer, base coat, top coat, and clear coat markets.
Q5. Who are the key liquid coating market companies?
Answer: Some of the key liquid coating companies are as follows:
- Asian Paints
- Advance Paints
- PPG Industries
- Akzo Nobel
- Hempel
- Titan Paints & Chemicals
- Kansai Paint
- Rust- Oleum
- Nippon Paint
- Durolac Paints
Answer: The publisher forecasts that polyester will remain the largest segment over the forecast period because the polyester coatings are more useful, quick to dry, resistant to corrosion, economical, and have additional chemical resistance properties.
Q7. In liquid coating market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing the use of liquid coatings in military and healthcare settings in the region.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the liquid coating market by resin type (polyester, polyurethane, acrylic, and alkyd), coating technology (solvent borne, water borne, and UV cure), coating layer (primer, base coat, top coat, and clear coat), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Liquid Coating Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Asian Paints
- Advance Paints
- PPG Industries
- Akzo Nobel
- Hempel
- Titan Paints & Chemicals
- Kansai Paint
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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