Industrial Liquid Coating Market Insights, Global Outlook and Forecast 2022-2028
Industrial Liquid Coating Market Insights, Global Outlook and Forecast 2022-2028
The Industrial Liquid Coating Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.
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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.
The latest research study released by Market IntelliX evaluates 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.
MI 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.
Market Segmentations:
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 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Nippon Paints
Hempel
Axalta Coating
Kansai Paint
Akzo Nobel
Baril Coatings
RPM International
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Industrial Liquid Coating Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Industrial Liquid Coating Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Industrial Liquid Coating Overall Market Size
2.1 Global Industrial Liquid Coating Market Size: 2021 VS 2028
2.2 Global Industrial Liquid Coating Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Industrial Liquid Coating Sales: 2017-2028
3 Company Landscape
3.1 Top Industrial Liquid Coating Players in Global Market
3.2 Top Global Industrial Liquid Coating Companies Ranked by Revenue
3.3 Global Industrial Liquid Coating Revenue by Companies
3.4 Global Industrial Liquid Coating Sales by Companies
3.5 Global Industrial Liquid Coating Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Industrial Liquid Coating Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Industrial Liquid Coating Product Type
3.8 Tier 1, Tier 2 and Tier 3 Industrial Liquid Coating Players in Global Market
3.8.1 List of Global Tier 1 Industrial Liquid Coating Companies
3.8.2 List of Global Tier 2 and Tier 3 Industrial Liquid Coating Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Industrial Liquid Coating Market Size Markets, 2021 & 2028
4.1.2 Polyester
4.1.3 Epoxy
4.1.4 Polyurethane
4.1.5 Acrylic
4.1.6 Others
4.2 By Type - Global Industrial Liquid Coating Revenue & Forecasts
4.2.1 By Type - Global Industrial Liquid Coating Revenue, 2017-2022
4.2.2 By Type - Global Industrial Liquid Coating Revenue, 2023-2028
4.2.3 By Type - Global Industrial Liquid Coating Revenue Market Share, 2017-2028
4.3 By Type - Global Industrial Liquid Coating Sales & Forecasts
4.3.1 By Type - Global Industrial Liquid Coating Sales, 2017-2022
4.3.2 By Type - Global Industrial Liquid Coating Sales, 2023-2028
4.3.3 By Type - Global Industrial Liquid Coating Sales Market Share, 2017-2028
4.4 By Type - Global Industrial Liquid Coating Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Industrial Liquid Coating Market Size, 2021 & 2028
5.1.2 Agriculture & Heavy Equipment
5.1.3 Oil & Gas pipelines
5.1.4 Metal Structures
5.1.5 Water and Wastewater pipelines
5.1.6 General Industrial
5.1.7 Others
5.2 By Application - Global Industrial Liquid Coating Revenue & Forecasts
5.2.1 By Application - Global Industrial Liquid Coating Revenue, 2017-2022
5.2.2 By Application - Global Industrial Liquid Coating Revenue, 2023-2028
5.2.3 By Application - Global Industrial Liquid Coating Revenue Market Share, 2017-2028
5.3 By Application - Global Industrial Liquid Coating Sales & Forecasts
5.3.1 By Application - Global Industrial Liquid Coating Sales, 2017-2022
5.3.2 By Application - Global Industrial Liquid Coating Sales, 2023-2028
5.3.3 By Application - Global Industrial Liquid Coating Sales Market Share, 2017-2028
5.4 By Application - Global Industrial Liquid Coating Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Industrial Liquid Coating Market Size, 2021 & 2028
6.2 By Region - Global Industrial Liquid Coating Revenue & Forecasts
6.2.1 By Region - Global Industrial Liquid Coating Revenue, 2017-2022
6.2.2 By Region - Global Industrial Liquid Coating Revenue, 2023-2028
6.2.3 By Region - Global Industrial Liquid Coating Revenue Market Share, 2017-2028
6.3 By Region - Global Industrial Liquid Coating Sales & Forecasts
6.3.1 By Region - Global Industrial Liquid Coating Sales, 2017-2022
6.3.2 By Region - Global Industrial Liquid Coating Sales, 2023-2028
6.3.3 By Region - Global Industrial Liquid Coating Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Industrial Liquid Coating Revenue, 2017-2028
6.4.2 By Country - North America Industrial Liquid Coating Sales, 2017-2028
6.4.3 US Industrial Liquid Coating Market Size, 2017-2028
6.4.4 Canada Industrial Liquid Coating Market Size, 2017-2028
6.4.5 Mexico Industrial Liquid Coating Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Industrial Liquid Coating Revenue, 2017-2028
6.5.2 By Country - Europe Industrial Liquid Coating Sales, 2017-2028
6.5.3 Germany Industrial Liquid Coating Market Size, 2017-2028
6.5.4 France Industrial Liquid Coating Market Size, 2017-2028
6.5.5 U.K. Industrial Liquid Coating Market Size, 2017-2028
6.5.6 Italy Industrial Liquid Coating Market Size, 2017-2028
6.5.7 Russia Industrial Liquid Coating Market Size, 2017-2028
6.5.8 Nordic Countries Industrial Liquid Coating Market Size, 2017-2028
6.5.9 Benelux Industrial Liquid Coating Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Industrial Liquid Coating Revenue, 2017-2028
6.6.2 By Region - Asia Industrial Liquid Coating Sales, 2017-2028
6.6.3 China Industrial Liquid Coating Market Size, 2017-2028
6.6.4 Japan Industrial Liquid Coating Market Size, 2017-2028
6.6.5 South Korea Industrial Liquid Coating Market Size, 2017-2028
6.6.6 Southeast Asia Industrial Liquid Coating Market Size, 2017-2028
6.6.7 India Industrial Liquid Coating Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Industrial Liquid Coating Revenue, 2017-2028
6.7.2 By Country - South America Industrial Liquid Coating Sales, 2017-2028
6.7.3 Brazil Industrial Liquid Coating Market Size, 2017-2028
6.7.4 Argentina Industrial Liquid Coating Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Industrial Liquid Coating Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Industrial Liquid Coating Sales, 2017-2028
6.8.3 Turkey Industrial Liquid Coating Market Size, 2017-2028
6.8.4 Israel Industrial Liquid Coating Market Size, 2017-2028
6.8.5 Saudi Arabia Industrial Liquid Coating Market Size, 2017-2028
6.8.6 UAE Industrial Liquid Coating Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Nippon Paints
7.1.1 Nippon Paints Corporate Summary
7.1.2 Nippon Paints Business Overview
7.1.3 Nippon Paints Industrial Liquid Coating Major Product Offerings
7.1.4 Nippon Paints Industrial Liquid Coating Sales and Revenue in Global (2017-2022)
7.1.5 Nippon Paints Key News
7.2 Hempel
7.2.1 Hempel Corporate Summary
7.2.2 Hempel Business Overview
7.2.3 Hempel Industrial Liquid Coating Major Product Offerings
7.2.4 Hempel Industrial Liquid Coating Sales and Revenue in Global (2017-2022)
7.2.5 Hempel Key News
7.3 Axalta Coating
7.3.1 Axalta Coating Corporate Summary
7.3.2 Axalta Coating Business Overview
7.3.3 Axalta Coating Industrial Liquid Coating Major Product Offerings
7.3.4 Axalta Coating Industrial Liquid Coating Sales and Revenue in Global (2017-2022)
7.3.5 Axalta Coating Key News
7.4 Kansai Paint
7.4.1 Kansai Paint Corporate Summary
7.4.2 Kansai Paint Business Overview
7.4.3 Kansai Paint Industrial Liquid Coating Major Product Offerings
7.4.4 Kansai Paint Industrial Liquid Coating Sales and Revenue in Global (2017-2022)
7.4.5 Kansai Paint Key News
7.5 Akzo Nobel
7.5.1 Akzo Nobel Corporate Summary
7.5.2 Akzo Nobel Business Overview
7.5.3 Akzo Nobel Industrial Liquid Coating Major Product Offerings
7.5.4 Akzo Nobel Industrial Liquid Coating Sales and Revenue in Global (2017-2022)
7.5.5 Akzo Nobel Key News
7.6 Baril Coatings
7.6.1 Baril Coatings Corporate Summary
7.6.2 Baril Coatings Business Overview
7.6.3 Baril Coatings Industrial Liquid Coating Major Product Offerings
7.6.4 Baril Coatings Industrial Liquid Coating Sales and Revenue in Global (2017-2022)
7.6.5 Baril Coatings Key News
7.7 RPM International
7.7.1 RPM International Corporate Summary
7.7.2 RPM International Business Overview
7.7.3 RPM International Industrial Liquid Coating Major Product Offerings
7.7.4 RPM International Industrial Liquid Coating Sales and Revenue in Global (2017-2022)
7.7.5 RPM International Key News
8 Global Industrial Liquid Coating Production Capacity, Analysis
8.1 Global Industrial Liquid Coating Production Capacity, 2017-2028
8.2 Industrial Liquid Coating Production Capacity of Key Manufacturers in Global Market
8.3 Global Industrial Liquid Coating Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Industrial Liquid Coating Supply Chain Analysis
10.1 Industrial Liquid Coating Industry Value Chain
10.2 Industrial Liquid Coating Upstream Market
10.3 Industrial Liquid Coating Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Industrial Liquid Coating Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Industrial Liquid Coating Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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