Summary

The Protective Coatings market is projected to grow from USD 13.8 Billion in 2021 to USD 17.8 Billion by 2026, at a CAGR of 5.2% between 2021 and 2026. The key factor driving the growth of the market is increasing demand from Civil building and infrastructure sector.

“Marine end-use industry segment is estimated to be the largest segment of the Protective Coatings market.”
The volume of seaborne trade will double from 9 billion tons per year to somewhere between 19 and 24 billion tons by 2030. In 2030, China will play a key role as the emerging maritime superpower in shipping. China will see the largest growth in commercial fleet ownership, rivaling Greece and the rest of the European countries combined. China will become the world's primary maritime market, leading in shipbuilding, seaborne trade, and vertically integrated ownership and ship management. The different global players have also stated that China has a huge local marine market, increasing the demand for protective coatings. Also, a company like Jotun has increased its activity in drydocking by 14% in China because of the increased marine and shipping industry.

“APAC is the forecasted to be the fastest-growing Protective Coatings market during the forecast period.”
The APAC encompasses a diverse range of economies with different levels of economic development. China, India, and Japan were the largest contributors in the region and together accounted for 63.6% of the total revenue share of protective coatings in 2020, in terms of volume. The growth of the region is majorly attributed to the development of civil building & infrastructure, marine, and power generation industries, and across industries such as automotive, consumer goods & appliances, building & construction, and furniture.

Extensive primary interviews have been conducted, and information has been gathered from secondary research to determine and verify the market size of several segments and sub-segments.

Breakdown of Primary Interviews:
• By Company Type: Tier 1 – 46%, Tier 2 – 36%, and Tier 3 – 18%
• By Designation: C Level – 18%, D Level – 27%, and Others – 55%
• By Region: APAC – 45%, North America – 18%, Europe – 9%, South America- 9%, and the Middle East & Africa – 9%

The key companies profiled in this report are PPG (US), Akzonobel N.V. (Netherlands), Jotun (Norway), Sherwin-Williams (US) and Hempel (Denmark).

Research Coverage:
The Protective Coatings market has been segmented based on Technology (Solvent based, Water-based, Powder coatings, and others), by chemistry (Polyurethane, Epoxy, Acrylic, Alkyd, Zinc and others), by end-use industry (Offshore structures/ oil and gas – Exploration, Production, and Transmission, Petrochemical – Refineries and Chemical Processing, Marine, Cargo Containers, Power generation, Water and Wastewater system, Civil Building & Infrastructure, Food & Beverages, and others), by Application, and by Region (APAC, North America, Europe, South America, and Middle East & Africa). The end-use industry segments are further analyzed for each country in the respective regions.

Reasons to Buy the Report
From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
 Market Penetration: Comprehensive information on Protective Coatings offered by top players in the market
 Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market
 Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for Protective Coatings across regions
 Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
 Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the market

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Table of Contents

1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 MARKET INCLUSIONS 34
1.2.2 MARKET EXCLUSIONS 34
1.3 MARKET SEGMENTATION 35
1.3.1 REGIONS COVERED 35
1.3.2 YEARS CONSIDERED FOR THE STUDY 36
1.4 CURRENCY 36
1.5 UNIT CONSIDERED 36
1.6 STAKEHOLDERS 36
1.7 SUMMARY OF CHANGES 37
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH DATA 38
FIGURE 1 PROTECTIVE COATINGS MARKET: RESEARCH DESIGN 38
2.1.1 SECONDARY DATA 39
2.1.1.1 Key data from secondary sources 39
2.1.2 PRIMARY DATA 39
2.1.2.1 Key data from primary sources 40
2.1.2.2 Breakdown of primary interviews 40
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS 40
2.1.2.3 Primary data sources 41
2.2 MARKET SIZE ESTIMATION 41
2.2.1 BOTTOM-UP APPROACH 41
FIGURE 3 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 41
2.2.2 TOP-DOWN APPROACH 42
FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 42
2.3 DATA TRIANGULATION 43
FIGURE 5 DATA TRIANGULATION: PROTECTIVE COATINGS MARKET 43
2.4 ASSUMPTIONS 44
2.5 LIMITATIONS 45
2.6 RISK ANALYSIS ASSESSMENT 45
2.7 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 45
3 EXECUTIVE SUMMARY 46
TABLE 1 PROTECTIVE COATINGS MARKET SNAPSHOT, 2021 VS. 2026 47
FIGURE 6 EPOXY RESIN ACCOUNTED FOR THE LARGEST SHARE 48
FIGURE 7 MARINE END-USE INDUSTRY LED THE PROTECTIVE COATINGS MARKET IN 2020 48
FIGURE 8 APAC TO WITNESS HIGHEST CAGR BETWEEN 2021 AND 2026 49
4 PREMIUM INSIGHTS 50
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN THE PROTECTIVE COATINGS MARKET 50
FIGURE 9 INCREASING DEMAND FROM END-USE INDUSTRIES ATTRACTING INVESTMENTS 50
4.2 PROTECTIVE COATINGS MARKET, BY RESIN TYPE 50
FIGURE 10 EPOXY RESIN TYPE TO LEAD PROTECTIVE COATINGS MARKET 50
4.3 PROTECTIVE COATINGS MARKET, BY END-USE INDUSTRY 51
FIGURE 11 CIVIL BUILDING AND INFRASTRUCTURE TO BE FASTEST-GROWING END-USE INDUSTRY IN THE MARKET 51
4.4 PROTECTIVE COATINGS MARKET, DEVELOPED VS. EMERGING COUNTRIES 51
FIGURE 12 CHINA TO BE THE LARGEST PROTECTIVE COATINGS MARKET 51
4.5 APAC: PROTECTIVE COATINGS MARKET, BY RESIN TYPE AND END-USE INDUSTRY 52
FIGURE 13 MARINE END-USE INDUSTRY ACCOUNTED FOR THE LARGEST SHARE 52
4.6 PROTECTIVE COATINGS MARKET, BY COUNTRY 52
FIGURE 14 MARKET IN INDIA TO GROW AT THE HIGHEST CAGR 52
5 MARKET OVERVIEW 53
5.1 MARKET DYNAMICS 53
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES IN THE PROTECTIVE COATINGS MARKET 53
5.1.1 DRIVERS 54
5.1.1.1 Growing demand from civil building & infrastructure industry 54
5.1.1.2 Increasing need for efficient processes and longer life of equipment and devices 54
5.1.2 RESTRAINTS 54
5.1.2.1 High prices of raw materials and energy 54
5.1.3 OPPORTUNITIES 55
5.1.3.1 Increasing demand for maintenance of existing substrates 55
5.1.3.2 New products increasing use of protective coatings 55
5.1.4 CHALLENGES 55
5.1.4.1 Development of cost-effective products under stringent environmental regulations 55
5.2 PORTER’S FIVE FORCES ANALYSIS 55
TABLE 2 PROTECTIVE COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS 55
FIGURE 16 PROTECTIVE COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS 56
5.2.1 BARGAINING POWER OF SUPPLIERS 56
5.2.2 THREAT OF NEW ENTRANTS 57
5.2.3 THREAT OF SUBSTITUTES 57
5.2.4 BARGAINING POWER OF BUYERS 57
5.2.5 INTENSITY OF COMPETITIVE RIVALRY 58
5.3 MACROECONOMIC INDICATORS 58
5.3.1 INTRODUCTION 58
5.3.2 TRENDS AND FORECAST OF GDP 58
TABLE 3 TRENDS AND FORECAST OF GDP, PERCENTAGE CHANGE 58
5.3.3 TRENDS AND FORECASTS FOR THE GLOBAL CONSTRUCTION INDUSTRY 59
FIGURE 17 GLOBAL SPENDING IN THE CONSTRUCTION INDUSTRY, 2014–2035 59
5.3.4 TRENDS IN THE OIL & GAS INDUSTRY 60
FIGURE 18 TOP TEN OIL PRODUCERS AS OF JUNE 2020 60
FIGURE 19 OIL PRODUCTION BY REGION, 2017-2019 61
5.3.5 TRENDS IN THE POWER GENERATION INDUSTRY 61
FIGURE 20 ELECTRICITY GENERATION, BY REGION 61
5.4 IMPACT OF COVID-19 62
5.5 COVID-19 ECONOMIC ASSESSMENT 62
FIGURE 21 ECONOMIC OUTLOOK FOR MAJOR COUNTRIES 64
5.5.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT 64
FIGURE 22 FACTORS THAT IMPACTED ECONOMY OF SELECT G20 COUNTRIES IN 2020 64
5.6 IMPACT OF COVID-19 ON END-USE INDUSTRIES 66
FIGURE 23 PRE-COVID-19 IMPACT AND POST-COVID-19 IMPACT MARKET SCENARIOS: PROTECTIVE COATINGS MARKET 66
5.6.1 IMPACT ON CONSTRUCTION INDUSTRY 66
5.7 IMPACT OF COVID-19 ON REGIONS 66
5.7.1 IMPACT OF COVID-19 ON APAC 66
5.7.2 IMPACT OF COVID-19 ON NORTH AMERICA 67
5.7.3 IMPACT OF COVID-19 ON EUROPE 67
5.7.4 IMPACT OF COVID-19 ON MIDDLE EAST & AFRICA 67
5.7.5 IMPACT OF COVID-19 ON SOUTH AMERICA 68
5.8 VALUE CHAIN ANALYSIS 68
FIGURE 24 PROTECTIVE COATINGS MARKET: VALUE CHAIN ANALYSIS 68
5.9 PRICING ANALYSIS 69
FIGURE 25 AVERAGE PRICE COMPETITIVENESS IN PROTECTIVE COATINGS MARKET,
BY REGION 69
5.10 PAINTS & COATINGS ECOSYSTEM AND INTERCONNECTED MARKET 69
TABLE 4 PROTECTIVE COATINGS MARKET: SUPPLY CHAIN 70
FIGURE 26 PAINTS & COATINGS: ECOSYSTEM 71
5.11 YC AND YCC SHIFT 71
5.12 EXPORT-IMPORT TRADE STATISTICS 72
TABLE 5 COUNTRY-WISE EXPORT DATA, PAINTS, AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY-MODIFIED POLYMERS DISPERSED AND DISSOLVED IN AQUEOUS MEDIUM, 2020 72
TABLE 6 COUNTRY-WISE EXPORT DATA, PAINTS, AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY-MODIFIED POLYMERS DISPERSED AND DISSOLVED IN NON-AQUEOUS MEDIUM, 2020 73
TABLE 7 COUNTRY-WISE IMPORT DATA, PAINTS, AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY-MODIFIED POLYMERS DISPERSED AND DISSOLVED IN AQUEOUS MEDIUM, 2020 75
TABLE 8 COUNTRY-WISE IMPORT DATA, PAINTS AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY-MODIFIED POLYMERS DISPERSED AND DISSOLVED IN NON-AQUEOUS MEDIUM, 2020 76
5.13 REGULATIONS 78
5.13.1 COATINGS STANDARD 78
TABLE 9 BASIC COATING SYSTEM REQUIREMENTS FOR DEDICATED SEAWATER BALLAST TANKS OF ALL TYPE OF SHIPS AND DOUBLE-SIDE SKIN SPACES OF BULK CARRIERS OF 150 M AND UPWARD: 79
5.14 PATENT ANALYSIS 82
5.14.1 METHODOLOGY 82
5.14.2 PUBLICATION TRENDS 82
FIGURE 27 NUMBER OF PATENTS PUBLISHED, 2015-2021 82
5.14.3 TOP JURISDICTION 82
FIGURE 28 PATENTS PUBLISHED BY JURISDICTION, 2015-2020 83
5.14.4 TOP APPLICANTS 83
FIGURE 29 PATENTS PUBLISHED BY MAJOR APPLICANTS, 2015-2021 83
TABLE 10 RECENT PATENTS BY OWNERS 84
5.15 CASE STUDY ANALYSIS 84
5.16 TECHNOLOGY ANALYSIS 86
6 PROTECTIVE COATINGS MARKET, BY TECHNOLOGY 88
6.1 INTRODUCTION 89
FIGURE 30 SOLVENT-BASED COATINGS TO BE LARGEST TECHNOLOGY SEGMENT DURING THE FORECAST PERIOD 89
TABLE 11 PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (USD MILLION) 89
TABLE 12 PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (USD MILLION) 90
TABLE 13 PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (KILOTONS) 90
TABLE 14 PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (KILOTONS) 90
6.2 SOLVENT-BASED PROTECTIVE COATINGS 91
TABLE 15 TRADITIONAL FORMULATION SOLVENTS USED FOR EACH RESIN TYPE 91
6.2.1 ADVANTAGES AND DISADVANTAGES OF SOLVENT-BASED PROTECTIVE COATINGS 91
TABLE 16 SOLVENT-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 92
TABLE 17 SOLVENT-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 92
TABLE 18 SOLVENT-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 92
TABLE 19 SOLVENT-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 93
6.3 WATER-BASED PROTECTIVE COATINGS 93
6.3.1 TYPE 93
FIGURE 31 TYPES OF WATER-BASED COATINGS 94
6.3.2 RESIN TYPES USED IN FORMULATIONS OF WATER-BASED PROTECTIVE COATINGS 94
6.3.3 APPLICATIONS OF WATER-BASED PROTECTIVE COATINGS 94
6.3.4 ADVANTAGES AND DISADVANTAGES OF WATER-BASED PROTECTIVE COATINGS 95
FIGURE 32 DRIVERS AND RESTRAINTS IN THE WATER-BASED PROTECTIVE COATINGS MARKET 95
TABLE 20 WATER-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 95
TABLE 21 WATER-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 96
TABLE 22 WATER-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 96
TABLE 23 WATER-BASED PROTECTIVE COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 96
6.4 POWDER COATINGS 97
6.4.1 TYPE 97
FIGURE 33 TYPES OF POWDER COATINGS 97
FIGURE 34 DRIVERS AND RESTRAINTS IN THE POWDER COATINGS MARKET 98
TABLE 24 POWDER COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 98
TABLE 25 POWDER COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 99
TABLE 26 POWDER COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 99
TABLE 27 POWDER COATINGS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 99
6.5 OTHERS 100
6.5.1 HIGH-SOLID COATINGS 100
6.5.1.1 Type 100
FIGURE 35 TYPES OF HIGH-SOLIDS COATINGS 100
6.5.1.2 Advantages and disadvantages 100
FIGURE 36 DRIVERS AND RESTRAINTS IN THE HIGH-SOLID COATINGS MARKET 101
6.5.2 RADIATION-CURABLE COATINGS 101
6.5.2.1 Type 102
FIGURE 37 TYPES OF RADIATION-CURABLE COATINGS 102
6.5.2.2 Resin systems 102
6.5.2.3 Applications 102
6.5.2.4 Advantages 102
6.5.2.5 Disadvantages 103
FIGURE 38 DRIVERS AND RESTRAINTS IN THE RADIATION-CURABLE COATINGS MARKET 103
TABLE 28 OTHER TECHNOLOGIES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 104
TABLE 29 OTHER TECHNOLOGIES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 104
TABLE 30 OTHER TECHNOLOGIES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 105
TABLE 31 OTHER TECHNOLOGIES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 105
7 PROTECTIVE COATINGS MARKET, BY RESIN TYPE 106
7.1 INTRODUCTION 107
FIGURE 39 EPOXY-BASED COATINGS TO LEAD THE PROTECTIVE COATINGS MARKET 107
TABLE 32 PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (USD MILLION) 108
TABLE 33 PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2021–2026 (USD MILLION) 108
TABLE 34 PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (KILOTON) 108
TABLE 35 PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2021–2026 (KILOTON) 109
7.2 EPOXY 109
7.2.1 LARGEST CATEGORY OF PROTECTIVE COATINGS USED FOR DIFFERENT APPLICATIONS 109
TABLE 36 PROPERTIES AND APPLICATIONS OF EPOXY PROTECTIVE COATINGS 110
TABLE 37 EPOXY PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 110
TABLE 38 EPOXY PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 110
TABLE 39 EPOXY PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 111
TABLE 40 EPOXY PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 111
7.3 POLYURETHANE 111
7.3.1 FAST CURE TIME INCREASES THE UTILIZATION OF POLYURETHANE PROTECTIVE COATINGS 111
TABLE 41 PROPERTIES AND APPLICATIONS OF POLYURETHANE PROTECTIVE COATINGS 112
TABLE 42 POLYURETHANE PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 112
TABLE 43 POLYURETHANE PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 112
TABLE 44 POLYURETHANE PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 113
TABLE 45 POLYURETHANE PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 113
7.4 ACRYLIC 113
7.4.1 EXCELLENT WEATHERING AND OXIDATION-RESISTANT PROPERTIES TO BOOST GROWTH OF THIS SEGMENT 113
TABLE 46 PROPERTIES AND APPLICATIONS OF ACRYLIC PROTECTIVE COATINGS 114
TABLE 47 ACRYLIC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 114
TABLE 48 ACRYLIC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 114
TABLE 49 ACRYLIC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 115
TABLE 50 ACRYLIC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 115
7.5 ALKYD 115
7.5.1 COMBINATIONS MADE BY ADDING DIFFERENT BINDERS, ADDITIVES, AND MODIFIERS TO AMPLIFY THE MARKET OF ALKYD 115
TABLE 51 PROPERTIES AND APPLICATIONS OF ALKYD PROTECTIVE COATINGS 116
TABLE 52 ALKYD PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 116
TABLE 53 ALKYD PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 116
TABLE 54 ALKYD PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 117
TABLE 55 ALKYD PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 117
7.6 ZINC 117
7.6.1 EXCELLENT CORROSION RESISTANCE IN MOST ENVIRONMENTS LEADS TO ITS INCREASING USE 117
TABLE 56 PROPERTIES AND APPLICATIONS OF ZINC PROTECTIVE COATINGS 118
TABLE 57 ZINC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 118
TABLE 58 ZINC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 118
TABLE 59 ZINC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 119
TABLE 60 ZINC PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 119
7.7 OTHERS 119
TABLE 61 OTHER PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 120
TABLE 62 OTHER PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 120
TABLE 63 OTHER PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTON) 120
TABLE 64 OTHER PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTON) 121
8 PROTECTIVE COATINGS MARKET, BY APPLICATION 122
8.1 INTRODUCTION 122
8.2 ABRASION RESISTANCE 122
8.3 CHEMICAL RESISTANCE 122
8.4 FIRE PROTECTION 123
8.5 HEAT RESISTANCE 123
8.6 CORROSION PROTECTION 123
8.7 PIPE COATINGS 124
8.8 TANK LININGS 124
9 PROTECTIVE COATINGS MARKET, BY END-USE INDUSTRY TYPE 125
9.1 INTRODUCTION 126
FIGURE 40 MARINE IS LARGEST END-USE INDUSTRY OF PROTECTIVE COATINGS 126
TABLE 65 PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY TYPE,
2017–2020 (USD MILLION) 126
TABLE 66 PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY TYPE,
2021–2026 (USD MILLION) 127
TABLE 67 PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY TYPE,
2017–2020 (KILOTONS) 127
TABLE 68 PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY TYPE,
2021–2026 (KILOTONS) 128
9.2 OFFSHORE STRUCTURES/OIL & GAS EXPLORATION, PRODUCTION,
AND TRANSMISSION 128
9.2.1 THERMAL RESISTANCE AND FIRE PROTECTION COATINGS TO DRIVE THE MARKET IN THE OFFSHORE AND OIL & GAS END-USE INDUSTRY 128
TABLE 69 OFFSHORE STRUCTURES/OIL & GAS EXPLORATION, PRODUCTION, AND TRANSMISSION: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 129
TABLE 70 OFFSHORE STRUCTURES/OIL & GAS EXPLORATION, PRODUCTION, AND TRANSMISSION: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 129
TABLE 71 OFFSHORE STRUCTURES/OIL & GAS EXPLORATION, PRODUCTION, AND TRANSMISSION: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTONS) 129
TABLE 72 OFFSHORE STRUCTURES/OIL & GAS EXPLORATION, PRODUCTION, AND TRANSMISSION: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 130
9.3 PETROCHEMICAL - REFINERIES AND CHEMICAL PROCESSING 130
9.3.1 TANK LININGS AND SAFETY COATINGS APPLICATION INCREASE THE DEMAND FOR PROTECTIVE COATINGS 130
TABLE 73 PETROCHEMICAL – REFINERIES AND CHEMICAL PROCESSING: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 131
TABLE 74 PETROCHEMICAL – REFINERIES AND CHEMICAL PROCESSING: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 131
TABLE 75 PETROCHEMICAL – REFINERIES AND CHEMICAL PROCESSING: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 131
TABLE 76 PETROCHEMICAL – REFINERIES AND CHEMICAL PROCESSING: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 132
9.4 MARINE 132
9.4.1 SHIPPING STANDARDS EXPECTED TO INCREASE THE SALES OF PROTECTIVE COATINGS IN THE MARINE END-USE INDUSTRY MARKET 132
TABLE 77 MARINE: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 133
TABLE 78 MARINE: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 133
TABLE 79 MARINE: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTONS) 133
TABLE 80 MARINE: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTONS) 134
9.5 CARGO CONTAINERS 134
9.5.1 ROUGH AND TOUGH ENVIRONMENTAL CONDITIONS MAKE PROTECTIVE COATINGS A NECESSITY FOR CARGO CONTAINERS 134
TABLE 81 CARGO CONTAINERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 134
TABLE 82 CARGO CONTAINERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 135
TABLE 83 CARGO CONTAINERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 135
TABLE 84 CARGO CONTAINERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 135
9.6 POWER GENERATION 136
9.6.1 MAINTENANCE SYSTEMS AND STRUCTURES PROTECTED DUE TO PROTECTIVE COATINGS 136
TABLE 85 POWER GENERATION: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 136
TABLE 86 POWER GENERATION: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 136
TABLE 87 POWER GENERATION: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 137
TABLE 88 POWER GENERATION: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 137
9.7 WATER AND WASTE TREATMENT 138
9.7.1 ABRASION AND CHEMICAL RESISTANCE PROPERTIES TO BOOST THE DEMAND FOR PROTECTIVE COATINGS 138
TABLE 89 WATER AND WASTE TREATMENT: PROTECTIVE COATINGS MARKET SIZE,
BY REGION, 2017–2020 (USD MILLION) 138
TABLE 90 WATER AND WASTE TREATMENT: PROTECTIVE COATINGS MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION) 138
TABLE 91 WATER AND WASTE TREATMENT: PROTECTIVE COATINGS MARKET SIZE,
BY REGION, 2017–2020 (KILOTONS) 139
TABLE 92 WATER AND WASTE TREATMENT: PROTECTIVE COATINGS MARKET SIZE,
BY REGION, 2021–2026 (KILOTONS) 139
9.8 CIVIL BUILDING AND INFRASTRUCTURE 139
9.8.1 MULTIPURPOSE PROPERTIES LEAD TO THE EXPANSION OF THE PROTECTIVE COATINGS MARKET IN CIVIL BUILDINGS AND INFRASTRUCTURE 139
TABLE 93 CIVIL BUILDINGS AND INFRASTRUCTURE: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 140
TABLE 94 CIVIL BUILDINGS AND INFRASTRUCTURE: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 140
TABLE 95 CIVIL BUILDINGS AND INFRASTRUCTURE: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 140
TABLE 96 CIVIL BUILDINGS AND INFRASTRUCTURE: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 141
9.9 FOOD AND BEVERAGES 141
9.9.1 HEAVY EQUIPMENT & FOOD PROCESSING UNITS REQUIRE PROTECTION AND DRIVE THE DEMAND FOR PROTECTIVE COATINGS 141
TABLE 97 FOOD AND BEVERAGES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 141
TABLE 98 FOOD AND BEVERAGES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 142
TABLE 99 FOOD AND BEVERAGES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 142
TABLE 100 FOOD AND BEVERAGES: PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 142
9.10 OTHERS 143
TABLE 101 OTHERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 143
TABLE 102 OTHERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 143
TABLE 103 OTHERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (KILOTONS) 143
TABLE 104 OTHERS: PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (KILOTONS) 144
10 PROTECTIVE COATINGS MARKET, BY REGION 145
10.1 INTRODUCTION 146
FIGURE 41 PROTECTIVE COATINGS MARKET IN APAC TO GROW AT THE HIGHEST CAGR BETWEEN 2021 AND 2026 146
TABLE 105 PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 147
TABLE 106 PROTECTIVE COATINGS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 147
TABLE 107 PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2017–2020 (KILOTONS) 147
TABLE 108 PROTECTIVE COATINGS MARKET SIZE, BY REGION, 2021–2026 (KILOTONS) 148
10.2 APAC 148
FIGURE 42 APAC: PROTECTIVE COATINGS MARKET SNAPSHOT 149
TABLE 109 APAC: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 149
TABLE 110 APAC: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 150
TABLE 111 APAC: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2017–2020 (KILOTONS) 150
TABLE 112 APAC: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2021–2026 (KILOTONS) 150
TABLE 113 APAC: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (USD MILLION) 151
TABLE 114 APAC: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (USD MILLION) 151
TABLE 115 APAC: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (KILOTONS) 151
TABLE 116 APAC: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (KILOTONS) 151
TABLE 117 APAC: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (USD MILLION) 152
TABLE 118 APAC: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2021–2026 (USD MILLION) 152
TABLE 119 APAC: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (KILOTONS) 152
TABLE 120 APAC: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2021–2026 (KILOTONS) 153
TABLE 121 APAC: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (USD MILLION) 153
TABLE 122 APAC: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (USD MILLION) 154
TABLE 123 APAC: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (KILOTONS) 154
TABLE 124 APAC: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (KILOTONS) 155
10.2.1 CHINA 155
10.2.1.1 Rising demand from housing industry corroborated by increasing population 155
10.2.2 INDIA 156
10.2.2.1 Increased FDI investments and shifting of manufacturing facilities to drive the market 156
10.2.3 JAPAN 157
10.2.3.1 Investments in civil engineering to boost the protective coatings market 157
10.2.4 SOUTH KOREA 158
10.2.4.1 Rising demand from the infrastructure & construction and marine industries 158
10.2.5 REST OF APAC 158
10.3 EUROPE 159
FIGURE 43 EUROPE: PROTECTIVE COATINGS MARKET SNAPSHOT 160
TABLE 125 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 161
TABLE 126 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 161
TABLE 127 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY,
2017–2020 (KILOTONS) 161
TABLE 128 EUROPE: PROTECTIVE COATINGS MARKET, BY COUNTRY,
2021–2026 (KILOTONS) 162
TABLE 129 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (USD MILLION) 162
TABLE 130 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (USD MILLION) 163
TABLE 131 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2017–2020 (KILOTONS) 163
TABLE 132 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY,
2021–2026 (KILOTONS) 163
TABLE 133 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (USD MILLION) 164
TABLE 134 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2021–2026 (USD MILLION) 164
TABLE 135 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE,
2017–2020 (KILOTONS) 164
TABLE 136 EUROPE: PROTECTIVE COATINGS MARKET, BY RESIN TYPE,
2021–2026 (KILOTONS) 165
TABLE 137 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 165
TABLE 138 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION) 166
TABLE 139 EUROPE: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTONS) 166
TABLE 140 EUROPE: PROTECTIVE COATINGS MARKET, BY END-USE INDUSTRY,
2021–2026 (KILOTONS) 167
10.3.1 GERMANY 167
10.3.1.1 Increasing demand from the power generation and marine industries 167
10.3.2 FRANCE 168
10.3.2.1 Large-scale investments in energy, transport infrastructure,
and commercial and industrial projects 168
10.3.3 ITALY 168
10.3.3.1 Construction industry is expected to boost demand for protective coatings 168
10.3.4 UK 169
10.3.4.1 Growing construction industry to boost demand for protective coatings 169
10.3.5 SPAIN 170
10.3.5.1 Oil & gas industry to accelerate market growth in the country 170
10.3.6 RUSSIA 170
10.3.6.1 Significant demand from the marine and shipbuilding industry 170
10.3.7 REST OF EUROPE 171
10.4 NORTH AMERICA 171
FIGURE 44 NORTH AMERICA: PROTECTIVE COATINGS MARKET SNAPSHOT 172
TABLE 141 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION) 172
TABLE 142 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION) 173
TABLE 143 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTONS) 173
TABLE 144 NORTH AMERICA: PROTECTIVE COATINGS MARKET, BY COUNTRY,
2021–2026 (KILOTONS) 173
TABLE 145 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2017–2020 (USD MILLION) 174
TABLE 146 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021–2026 (USD MILLION) 174
TABLE 147 NORTH AMERICA PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2017–2020 (KILOTONS) 174
TABLE 148 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021–2026 (KILOTONS) 175
TABLE 149 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2017–2020 (USD MILLION) 175
TABLE 150 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021–2026 (USD MILLION) 175
TABLE 151 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2017–2020 (KILOTONS) 176
TABLE 152 NORTH AMERICA: PROTECTIVE COATINGS MARKET, BY RESIN TYPE,
2021–2026 (KILOTONS) 176
TABLE 153 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 177
TABLE 154 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION) 177
TABLE 155 NORTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTONS) 178
TABLE 156 NORTH AMERICA: PROTECTIVE COATINGS MARKET, BY END-USE INDUSTRY, 2021–2026 (KILOTONS) 178
10.4.1 US 179
10.4.1.1 Innovation in developing technologies to lead the market 179
10.4.2 CANADA 179
10.4.2.1 Oil & gas industries to lead to the growth of the market 179
10.4.3 MEXICO 180
10.4.3.1 Power generation sector and shipping containers industry expected to show robust growth 180
10.5 MIDDLE EAST & AFRICA 181
TABLE 157 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION) 181
TABLE 158 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION) 181
TABLE 159 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTONS) 182
TABLE 160 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTONS) 182
TABLE 161 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE,
BY TECHNOLOGY, 2017–2020 (USD MILLION) 182
TABLE 162 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE,
BY TECHNOLOGY, 2021–2026 (USD MILLION) 182
TABLE 163 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE,
BY TECHNOLOGY, 2017–2020 (KILOTONS) 183
TABLE 164 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE,
BY TECHNOLOGY, 2021–2026 (KILOTONS) 183
TABLE 165 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2017–2020 (USD MILLION) 183
TABLE 166 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE,
BY RESIN TYPE, 2021–2026 (USD MILLION) 184
TABLE 167 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE,
BY RESIN TYPE, 2017–2020 (KILOTONS) 184
TABLE 168 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021–2026 (KILOTONS) 184
TABLE 169 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 185
TABLE 170 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION) 185
TABLE 171 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTONS) 186
TABLE 172 MIDDLE EAST & AFRICA: PROTECTIVE COATINGS MARKET SIZE,
BY END-USE INDUSTRY, 2021–2026 (KILOTONS) 186
10.5.1 SAUDI ARABIA 187
10.5.1.1 Demand from the oil & gas industry and mega construction projects to boost demand for protective coatings 187
10.5.2 UAE 187
10.5.2.1 Multiple developing sectors to increase demand for protective coatings 187
10.5.3 REST OF MIDDLE EAST & AFRICA 187
10.6 SOUTH AMERICA 188
TABLE 173 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION) 188
TABLE 174 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION) 188
TABLE 175 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTONS) 188
TABLE 176 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTONS) 189
TABLE 177 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2017–2020 (USD MILLION) 189
TABLE 178 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021–2026 (USD MILLION) 189
TABLE 179 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2017–2020 (KILOTONS) 189
TABLE 180 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021–2026 (KILOTONS) 190
TABLE 181 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2017–2020 (USD MILLION) 190
TABLE 182 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021–2026 (USD MILLION) 190
TABLE 183 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2017–2020 (KILOTONS) 191
TABLE 184 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021–2026 (KILOTONS) 191
TABLE 185 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 192
TABLE 186 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION) 192
TABLE 187 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTONS) 193
TABLE 188 SOUTH AMERICA: PROTECTIVE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTONS) 193
10.6.1 BRAZIL 194
10.6.1.1 New infrastructural projects to boost consumption of protective coatings 194
10.6.2 ARGENTINA 194
10.6.2.1 Increase in population and improved economic conditions to be major market drivers 194
10.6.3 REST OF SOUTH AMERICA 195
11 COMPETITIVE LANDSCAPE 196
11.1 OVERVIEW 196
11.1.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PROTECTIVE COATINGS PLAYERS 196
11.2 COMPETITIVE SCENARIO 198
11.2.1 MARKET EVALUATION MATRIX 198
TABLE 189 COMPANY FOOTPRINT 198
TABLE 190 COMPANY INDUSTRY FOOTPRINT 198
TABLE 191 COMPANY REGION FOOTPRINT 199
TABLE 192 STRATEGIC DEVELOPMENTS, BY COMPANY 199
TABLE 193 STRATEGIES ADOPTED, 2016-2021 200
TABLE 194 GROWTH STRATEGIES ADOPTED, BY KEY COMPANIES – 2016-2021 200
11.3 COMPANY EVALUATION QUADRANT 202
11.3.1 STARS 202
11.3.2 EMERGING LEADERS 202
11.3.3 PERVASIVE 202
11.3.4 EMERGING COMPANIES 202
FIGURE 45 PROTECTIVE COATINGS MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2020 203
11.4 PRODUCT FOOTPRINT 204
FIGURE 46 PRODUCT FOOTPRINT ANALYSIS OF TOP PLAYERS IN PROTECTIVE
COATINGS MARKET 204
11.5 SME MATRIX, 2020 205
11.5.1 RESPONSIVE COMPANIES 205
11.5.2 PROGRESSIVE COMPANIES 205
11.5.3 STARTING BLOCKS 205
11.5.4 DYNAMIC COMPANIES 205
FIGURE 47 PROTECTIVE COATINGS MARKET: EMERGING COMPANIES COMPETITIVE LEADERSHIP MAPPING, 2020 206
11.6 PROTECTIVE COATINGS MARKET RANKING ANALYSIS: COMPETITIVE MARKET 207
11.7 PROTECTIVE COATINGS MARKET SHARE 207
FIGURE 48 MARKET SHARE OF PROTECTIVE COATINGS (2020) 207
11.8 COMPANY REVENUE ANALYSIS 208
FIGURE 49 COMPANY REVENUE ANALYSIS, 2016-2020 208
11.8.1 AKZONOBEL N.V. 208
11.8.2 PPG INDUSTRIES 208
11.8.3 JOTUN A/S 209
11.8.4 THE SHERWIN-WILLIAMS COMPANY 209
11.8.5 HEMPEL A/S 209
11.9 COMPETITIVE SITUATIONS AND TRENDS 209
TABLE 195 PROTECTIVE COATINGS MARKET: PRODUCT LAUNCHES, 2016-2021 209
TABLE 196 PROTECTIVE COATINGS MARKET: DEALS, 2016-2021 214