Industrial Liquid Coating Market by Type (Polyester, Epoxy, Polyurethane, Acrylic), by Application (Agriculture & Heavy Equipment, Oil & Gas Pipelines, Metal Structures, Automotive, General Industry, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2024-2032
The Industrial Liquid Coating Market size was valued at USD 118.1 USD Billion in 2023 and is projected to reach USD 179.94 USD Billion by 2032, exhibiting a CAGR of 6.2 % during the forecast period. Industrial liquid coatings are coatings put on the items to guard against abrasion, to look at the appearance, or to protect it from hazardous conditions. These coatings can be epoxy, polyurethane and acrylic among others. Epoxies are recommended for increased adhesion and resistance to chemicals; therefore, they are suitable for rigorous use. Again, polyurethane coatings are flexible than polyester with high UV stability, ideal for coatings that will be in direct sunlight. This product is characterized by a very short drying time and very ease of application compared to the traditional paints. Some characteristics of industrial liquid coatings are anti-corrosive, abrasion and weather resistant or anti-rusty and possessing better looking or better protection to the surface. They are widely applied in the manufacture of automotive, construction, and similar industries, where they are attached to machinery, constructions, or industrial equipment to increase their resource durability and effectiveness.
Industrial Liquid Coating Trends
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 6.2% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 6.2% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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