Protective Coatings Market by Technology, End-user, Resin Type, and Geography - Forecast and Analysis 2023-2027

Published: May 2023 Pages: 195 SKU: IRTNTR46663

Protective Coatings Market Analysis Report 2023-2027:

The protective coatings market size is estimated to grow at a CAGR of 9.91% between 2022 and 2027. The market size is forecast to increase by USD 18,364 million. The growth of the market depends on several factors, including increased demand for water-borne coatings, expansion of the construction industry, and increasing focus on UV-curable coatings and nanocoatings.

This protective coatings market report extensively covers market segmentation by technology (solvent-borne, waterborne, and powder coatings), end-user (infrastructure and construction, oil and gas, automotive, aerospace, and others), resin type (epoxy, alkyd, polyurethane, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Protective Coatings Market During the Forecast Period?

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Protective Coatings Market: Key Drivers, Trends, Challenges, and Customer Landscape

Increased demand for water-borne coatings notably drives the market growth, although factors such as volatile raw material prices impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Protective Coatings Market Driver

Increased demand for water-borne coatings is a major driving factor for the growth of the market. Water-borne coatings offer various benefits owing to the presence of water as the main solvent. These coatings are extensively used in aerospace, oil and gas, marine, power generation, mining, automotive, and other industries for their excellent resistance to heat and abrasion and superior adhesion.

Moreover, water-borne coatings are less toxic and flammable due to low levels of VOC and hazardous air pollutants (HAP) emissions. Hence, the demand for water-borne coatings is increasing considerably, which is expected to drive the growth of the global protective coatings market during the forecast period.

Significant Protective Coatings Market Trends

Increasing focus on UV-curable coatings and nanocoatings is an emerging trend in the protective coatings market during the forecast period. The global protective coatings market is fragmented in nature, with various vendors increasingly spending on R&D to manufacture innovative protective coating technologies such as protective nanocoatings and UV-curable protective coatings to gain a competitive edge over competitors.

The growing popularity of protective nanocoatings in the market can be attributable to their relative cost-effectiveness and higher durability than other coatings. For instance, Halo Nano Matrix is one example of nano-protective coating, and it has wide applications in the transport, industrial machinery, marine, and architectural industries. Hence, such factors fuel the market growth for the protective coatings market.

Major Protective Coatings Market Challenge

Volatile raw material prices are a major challenge impeding the protective coatings market growth. Petrochemical feedstock, which is required to manufacture most coatings, includes binders and solvents such as polyesters, alcohols, and epoxy resins. Crude oil and natural gas are the basic raw materials to produce binders.

Consequently, fluctuations in crude oil prices will directly impact the cost of feedstock. Each petrochemical feedstock has a different correlation with the pricing of oil, which is influenced by factors such as the demand and supply of feedstock, the manufacturing process, and the region of production. Furthermore, volatile prices of petrochemical feedstock will contribute to the variability in resin prices.

Key Protective Coatings Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Protective Coatings Market Customer Landscape

Who are the Major Protective Coatings Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Wacker Chemie AG - The company offers protective coating such as Geniosil GF 80, Geniosil GPTM, HDK H13L, HDK H18, Silester XAR.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Akzo Nobel NV
  • Al Gurg Paints LLC
  • Asian Paints Ltd.
  • Axalta Coating Systems Ltd.
  • Berger Paints India Ltd.
  • Chitra Insultec Pvt. Ltd.
  • Dow Chemical Co.
  • Hempel AS
  • Henkel AG and Co. KGaA
  • Jotun AS
  • Kansai Paint Co. Ltd.
  • Nippon Paint Holdings Co. Ltd.
  • NIPSEA Group
  • Plasma paints
  • PPG Industries Inc.
  • RPM International Inc.
  • Sika AG
  • The Chemours Co.
  • The Sherwin Williams Co.
  • Wacker Chemie AG

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Protective Coatings Market?

The market share growth by the solvent-borne segment will be significant during the forecast period. In 2022, the solvent-borne technology segment of the global protective coatings market accounted for the highest market share at 72.11%. Additionally, this segment is expected to continue this dominance until 2027. Solvents generally dissolve components such as pigments, additives, and resins in protective coatings. and the curing time of solvent-borne coatings is relatively lower than that of water-borne technology and, thus, finds significant applications in the architectural industry. As a result of the increasing applications of solvent-borne coatings, the market is expected to grow considerably during the forecast period.

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The solvent-borne segment was valued at USD 17,010.65 million in 2017 and continued to grow until 2021The demand for solvent-borne coatings is high in automotive and oil and gas industries and the automotive industry uses this technology for automotive refinishes. For instance, AkzoNobel's Sikkens solvent-borne coating provides premium car refinishing, ranging from spot repairs to complete re-sprays. Various conventional solvent-borne coatings emit higher VOCs that are hazardous air pollutants.

Which are the Key Regions for the Protective Coatings Market?

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APAC is estimated to contribute 71% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The growing automotive industry significantly leads to the demand for protective coatings in APAC. The increasing sales of passenger and commercial vehicles in the region, mainly in China, India, and Japan, have been driving the consumption of protective coatings. For instance, in 2022, the Federation of Automobile Dealers Associations (FADA) reported retail sales of 21,120,441 passenger vehicles and tractors in India, which was a 15% increase in sales compared with 2021. Additionally, the region witnesses a high demand for protective coatings from heavy engineering, steel manufacturing, mining and refining, and plastics and polymer industries. Hence, such trends are expected to increase the demand for protective coatings, propelling the growth of the regional protective coatings market during the forecast period.

This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. The outbreak of COVID-19 in 2020 in the region led to a decline in the growth of the regional protective coatings market. However, with the initiation of vaccination drives, the number of COVID-19 cases declined in the first half of 2021, which led to the lifting of lockdown restrictions in the region. Eventually, factories and manufacturing units reopened, and construction activities also gained pace. Such a recovery in business operations will enable the regional protective coatings market to grow during the forecast period. 

Segment Overview

The protective coatings market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Technology Outlook (USD Million, 2017 - 2027)
    • Solvent-borne
    • Waterborne
    • Powder coatings
  • End-user Outlook (USD Million, 2017 - 2027)
    • Infrastructure and construction
    • Oil and gas
    • Automotive
    • Aerospace
    • Others
  • Resin Type Outlook (USD Million, 2017 - 2027)
    • Epoxy
    • Alkyd
    • Polyurethane
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • South America
      • Chile
      • Argentina
      • Brazil
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Parent Market Analysis

The global protective coatings market is a part of the global commodity chemicals market. The global commodity chemicals market was valued at USD 30,389.95 million in 2022. Technavio categorizes the global protective coatings market as a part of the global commodity chemicals market within the global chemicals market. The global commodity chemicals market covers companies that primarily produce industrial and basic chemicals, including, but not limited to, plastics, synthetic fibers, films, commodity-based paints and pigments, explosives, and petrochemicals. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.

 

Protective Coatings Market Scope

Report Coverage

Details

Page number

195

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 9.91%

Market growth 2023-2027

USD 18,364 million

Market structure

Fragmented

YoY growth 2022-2023(%)

9.21

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 71%

Key countries

US, China, India, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Akzo Nobel NV, Al Gurg Paints LLC, Asian Paints Ltd., Axalta Coating Systems Ltd., Berger Paints India Ltd., Chitra Insultec Pvt. Ltd., Dow Chemical Co., Hempel AS, Henkel AG and Co. KGaA, Jotun AS, Kansai Paint Co. Ltd., Nippon Paint Holdings Co. Ltd., NIPSEA Group, Plasma paints, PPG Industries Inc., RPM International Inc., Sika AG, The Chemours Co., The Sherwin Williams Co., and Wacker Chemie AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Protective Coatings Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market  size and its contribution to the market with a focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Market Segmentation by Resin Type
    • Exhibit 08: Executive Summary – Chart on Incremental Growth
    • Exhibit 09: Executive Summary – Data Table on Incremental Growth
    • Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 11: Parent market
    • Exhibit 12: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 13: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 14: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 15: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 17: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 18: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global protective coatings market 2017 - 2021
      • Exhibit 19: Historic Market Size – Data Table on global protective coatings market 2017 - 2021 ($ million)
    • 4.2 Technology Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Resin Type Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Resin Type Segment 2017 - 2021 ($ million)
    • 4.5 Geography Segment Analysis 2017 - 2021
      • Exhibit 23: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.6 Country Segment Analysis 2017 - 2021
      • Exhibit 24: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 25: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 26: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 27: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 28: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 29: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 30: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 31: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Technology

    • 6.1 Market segments
      • Exhibit 32: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 33: Data Table on Technology - Market share 2022-2027 (%)
    • 6.2 Comparison by Technology
      • Exhibit 34: Chart on Comparison by Technology
      • Exhibit 35: Data Table on Comparison by Technology
    • 6.3 Solvent-borne - Market size and forecast 2022-2027
      • Exhibit 36: Chart on Solvent-borne - Market size and forecast 2022-2027 ($ million)
      • Exhibit 37: Data Table on Solvent-borne - Market size and forecast 2022-2027 ($ million)
      • Exhibit 38: Chart on Solvent-borne - Year-over-year growth 2022-2027 (%)
      • Exhibit 39: Data Table on Solvent-borne - Year-over-year growth 2022-2027 (%)
    • 6.4 Waterborne - Market size and forecast 2022-2027
      • Exhibit 40: Chart on Waterborne - Market size and forecast 2022-2027 ($ million)
      • Exhibit 41: Data Table on Waterborne - Market size and forecast 2022-2027 ($ million)
      • Exhibit 42: Chart on Waterborne - Year-over-year growth 2022-2027 (%)
      • Exhibit 43: Data Table on Waterborne - Year-over-year growth 2022-2027 (%)
    • 6.5 Powder coatings - Market size and forecast 2022-2027
      • Exhibit 44: Chart on Powder coatings - Market size and forecast 2022-2027 ($ million)
      • Exhibit 45: Data Table on Powder coatings - Market size and forecast 2022-2027 ($ million)
      • Exhibit 46: Chart on Powder coatings - Year-over-year growth 2022-2027 (%)
      • Exhibit 47: Data Table on Powder coatings - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Technology
      • Exhibit 48: Market opportunity by Technology ($ million)
      • Exhibit 49: Data Table on Market opportunity by Technology ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 50: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 51: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 52: Chart on Comparison by End-user
      • Exhibit 53: Data Table on Comparison by End-user
    • 7.3 Infrastructure and construction - Market size and forecast 2022-2027
      • Exhibit 54: Chart on Infrastructure and construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 55: Data Table on Infrastructure and construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Chart on Infrastructure and construction - Year-over-year growth 2022-2027 (%)
      • Exhibit 57: Data Table on Infrastructure and construction - Year-over-year growth 2022-2027 (%)
    • 7.4 Oil and gas - Market size and forecast 2022-2027
      • Exhibit 58: Chart on Oil and gas - Market size and forecast 2022-2027 ($ million)
      • Exhibit 59: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
      • Exhibit 61: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)
    • 7.5 Automotive - Market size and forecast 2022-2027
      • Exhibit 62: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 63: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 65: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 7.6 Aerospace - Market size and forecast 2022-2027
      • Exhibit 66: Chart on Aerospace - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Data Table on Aerospace - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Chart on Aerospace - Year-over-year growth 2022-2027 (%)
      • Exhibit 69: Data Table on Aerospace - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 70: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 73: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 74: Market opportunity by End-user ($ million)
      • Exhibit 75: Data Table on Market opportunity by End-user ($ million)

    8 Market Segmentation by Resin Type

    • 8.1 Market segments
      • Exhibit 76: Chart on Resin Type - Market share 2022-2027 (%)
      • Exhibit 77: Data Table on Resin Type - Market share 2022-2027 (%)
    • 8.2 Comparison by Resin Type
      • Exhibit 78: Chart on Comparison by Resin Type
      • Exhibit 79: Data Table on Comparison by Resin Type
    • 8.3 Epoxy - Market size and forecast 2022-2027
      • Exhibit 80: Chart on Epoxy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Data Table on Epoxy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Chart on Epoxy - Year-over-year growth 2022-2027 (%)
      • Exhibit 83: Data Table on Epoxy - Year-over-year growth 2022-2027 (%)
    • 8.4 Alkyd - Market size and forecast 2022-2027
      • Exhibit 84: Chart on Alkyd - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Data Table on Alkyd - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Chart on Alkyd - Year-over-year growth 2022-2027 (%)
      • Exhibit 87: Data Table on Alkyd - Year-over-year growth 2022-2027 (%)
    • 8.5 Polyurethane - Market size and forecast 2022-2027
      • Exhibit 88: Chart on Polyurethane - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Data Table on Polyurethane - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Chart on Polyurethane - Year-over-year growth 2022-2027 (%)
      • Exhibit 91: Data Table on Polyurethane - Year-over-year growth 2022-2027 (%)
    • 8.6 Others - Market size and forecast 2022-2027
      • Exhibit 92: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 95: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 8.7 Market opportunity by Resin Type
      • Exhibit 96: Market opportunity by Resin Type ($ million)
      • Exhibit 97: Data Table on Market opportunity by Resin Type ($ million)

    9 Customer Landscape

    • 9.1 Customer landscape overview
      • Exhibit 98: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    10 Geographic Landscape

    • 10.1 Geographic segmentation
      • Exhibit 99: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 100: Data Table on Market share by geography 2022-2027 (%)
    • 10.2 Geographic comparison
      • Exhibit 101: Chart on Geographic comparison
      • Exhibit 102: Data Table on Geographic comparison
    • 10.3 APAC - Market size and forecast 2022-2027
      • Exhibit 103: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 10.4 Europe - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 10.5 North America - Market size and forecast 2022-2027
      • Exhibit 111: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 10.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 10.7 South America - Market size and forecast 2022-2027
      • Exhibit 119: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 120: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 121: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 10.8 China - Market size and forecast 2022-2027
      • Exhibit 123: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 124: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 125: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 126: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 10.9 India - Market size and forecast 2022-2027
      • Exhibit 127: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 128: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 129: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 130: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 10.10 US - Market size and forecast 2022-2027
      • Exhibit 131: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 132: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 133: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 134: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 10.11 Germany - Market size and forecast 2022-2027
      • Exhibit 135: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 136: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 137: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 138: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 10.12 France - Market size and forecast 2022-2027
      • Exhibit 139: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 140: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 141: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 142: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 10.13 Market opportunity by geography
      • Exhibit 143: Market opportunity by geography ($ million)
      • Exhibit 144: Data Tables on Market opportunity by geography ($ million)

    11 Drivers, Challenges, and Trends

    • 11.1 Market drivers
      • 11.2 Market challenges
        • 11.3 Impact of drivers and challenges
          • Exhibit 145: Impact of drivers and challenges in 2022 and 2027
        • 11.4 Market trends

          12 Vendor Landscape

          • 12.1 Overview
            • 12.2 Vendor landscape
              • Exhibit 146: Overview on Criticality of inputs and Factors of differentiation
            • 12.3 Landscape disruption
              • Exhibit 147: Overview on factors of disruption
            • 12.4 Industry risks
              • Exhibit 148: Impact of key risks on business

            13 Vendor Analysis

            • 13.1 Vendors covered
              • Exhibit 149: Vendors covered
            • 13.2 Market positioning of vendors
              • Exhibit 150: Matrix on vendor position and classification
            • 13.3 Akzo Nobel NV
              • Exhibit 151: Akzo Nobel NV - Overview
              • Exhibit 152: Akzo Nobel NV - Business segments
              • Exhibit 153: Akzo Nobel NV - Key news
              • Exhibit 154: Akzo Nobel NV - Key offerings
              • Exhibit 155: Akzo Nobel NV - Segment focus
            • 13.4 Al Gurg Paints LLC
              • Exhibit 156: Al Gurg Paints LLC - Overview
              • Exhibit 157: Al Gurg Paints LLC - Product / Service
              • Exhibit 158: Al Gurg Paints LLC - Key offerings
            • 13.5 Berger Paints India Ltd.
              • Exhibit 159: Berger Paints India Ltd. - Overview
              • Exhibit 160: Berger Paints India Ltd. - Product / Service
              • Exhibit 161: Berger Paints India Ltd. - Key offerings
            • 13.6 Dow Chemical Co.
              • Exhibit 162: Dow Chemical Co. - Overview
              • Exhibit 163: Dow Chemical Co. - Business segments
              • Exhibit 164: Dow Chemical Co. - Key news
              • Exhibit 165: Dow Chemical Co. - Key offerings
              • Exhibit 166: Dow Chemical Co. - Segment focus
            • 13.7 Hempel AS
              • Exhibit 167: Hempel AS - Overview
              • Exhibit 168: Hempel AS - Product / Service
              • Exhibit 169: Hempel AS - Key offerings
            • 13.8 Henkel AG and Co. KGaA
              • Exhibit 170: Henkel AG and Co. KGaA - Overview
              • Exhibit 171: Henkel AG and Co. KGaA - Business segments
              • Exhibit 172: Henkel AG and Co. KGaA - Key news
              • Exhibit 173: Henkel AG and Co. KGaA - Key offerings
              • Exhibit 174: Henkel AG and Co. KGaA - Segment focus
            • 13.9 Jotun AS
              • Exhibit 175: Jotun AS - Overview
              • Exhibit 176: Jotun AS - Business segments
              • Exhibit 177: Jotun AS - Key offerings
              • Exhibit 178: Jotun AS - Segment focus
            • 13.10 Kansai Paint Co. Ltd.
              • Exhibit 179: Kansai Paint Co. Ltd. - Overview
              • Exhibit 180: Kansai Paint Co. Ltd. - Business segments
              • Exhibit 181: Kansai Paint Co. Ltd. - Key offerings
              • Exhibit 182: Kansai Paint Co. Ltd. - Segment focus
            • 13.11 Nippon Paint Holdings Co. Ltd.
              • Exhibit 183: Nippon Paint Holdings Co. Ltd. - Overview
              • Exhibit 184: Nippon Paint Holdings Co. Ltd. - Business segments
              • Exhibit 185: Nippon Paint Holdings Co. Ltd. - Key offerings
              • Exhibit 186: Nippon Paint Holdings Co. Ltd. - Segment focus
            • 13.12 NIPSEA Group
              • Exhibit 187: NIPSEA Group - Overview
              • Exhibit 188: NIPSEA Group - Product / Service
              • Exhibit 189: NIPSEA Group - Key offerings
            • 13.13 PPG Industries Inc.
              • Exhibit 190: PPG Industries Inc. - Overview
              • Exhibit 191: PPG Industries Inc. - Business segments
              • Exhibit 192: PPG Industries Inc. - Key offerings
              • Exhibit 193: PPG Industries Inc. - Segment focus
            • 13.14 Sika AG
              • Exhibit 194: Sika AG - Overview
              • Exhibit 195: Sika AG - Business segments
              • Exhibit 196: Sika AG - Key news
              • Exhibit 197: Sika AG - Key offerings
              • Exhibit 198: Sika AG - Segment focus
            • 13.15 The Chemours Co.
              • Exhibit 199: The Chemours Co. - Overview
              • Exhibit 200: The Chemours Co. - Business segments
              • Exhibit 201: The Chemours Co. - Key news
              • Exhibit 202: The Chemours Co. - Key offerings
              • Exhibit 203: The Chemours Co. - Segment focus
            • 13.16 The Sherwin Williams Co.
              • Exhibit 204: The Sherwin Williams Co. - Overview
              • Exhibit 205: The Sherwin Williams Co. - Business segments
              • Exhibit 206: The Sherwin Williams Co. - Key news
              • Exhibit 207: The Sherwin Williams Co. - Key offerings
              • Exhibit 208: The Sherwin Williams Co. - Segment focus
            • 13.17 Wacker Chemie AG
              • Exhibit 209: Wacker Chemie AG - Overview
              • Exhibit 210: Wacker Chemie AG - Business segments
              • Exhibit 211: Wacker Chemie AG - Key offerings
              • Exhibit 212: Wacker Chemie AG - Segment focus

            14 Appendix

            • 14.1 Scope of the report
              • 14.2 Inclusions and exclusions checklist
                • Exhibit 213: Inclusions checklist
                • Exhibit 214: Exclusions checklist
              • 14.3 Currency conversion rates for US$
                • Exhibit 215: Currency conversion rates for US$
              • 14.4 Research methodology
                • Exhibit 216: Research methodology
                • Exhibit 217: Validation techniques employed for market sizing
                • Exhibit 218: Information sources
              • 14.5 List of abbreviations
                • Exhibit 219: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              protective coatings market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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