The basic raw materials comprising a liquid coating are additives, carriers, pigments, and resins. Additives make up the smallest portion of any liquid coating composition, but they impart special characteristics on the overall finish; for example, they might assist with rust prevention or UV protection. The carrier is the main liquid used to formulate the paint. The carrier can be water, solvent, or a combination of the two. Liquid coatings heavy in solvents traditionally have been the dominant form of liquid finish applied to metal parts over the years, but more interest has been directed to waterborne and high-solids coatings, which release a minimal amount of volatile organic compounds (VOCs) during application when compared to traditional solventborne coatings. Pigments play a role in final appearance and performance to some extent. As a rule, the volume of pigments influences the gloss of the film. The more pigment present, the lower the coating’s gloss. Resins act as the base of the liquid coating. They primarily govern the overall performance of the coating, helping the paint to excel for particular applications.
This report contains market size and forecasts of Industrial Liquid Coating in global, including the following market information:
Global Industrial Liquid Coating Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Industrial Liquid Coating Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Industrial Liquid Coating companies in 2021 (%)
The global Industrial Liquid Coating market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Polyester Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Industrial Liquid Coating include Nippon Paints, Hempel, Axalta Coating, Kansai Paint, Akzo Nobel, Baril Coatings and RPM International, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Industrial Liquid Coating manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Liquid Coating Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Industrial Liquid Coating Market Segment Percentages, by Type, 2021 (%)
Polyester
Epoxy
Polyurethane
Acrylic
Others
Global Industrial Liquid Coating Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Industrial Liquid Coating Market Segment Percentages, by Application, 2021 (%)
Agriculture & Heavy Equipment
Oil & Gas pipelines
Metal Structures
Water and Wastewater pipelines
General Industrial
Others
Global Industrial Liquid Coating Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Industrial Liquid Coating Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Liquid Coating revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Industrial Liquid Coating revenues share in global market, 2021 (%)
Key companies Industrial Liquid Coating sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Industrial Liquid Coating sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nippon Paints
Hempel
Axalta Coating
Kansai Paint
Akzo Nobel
Baril Coatings
RPM International