In the fiscal year 2024, the overall consumption volume for paint in Japan was forecast at around 1.25 million tons. The main sector driving this demand was the building industry, with a consumption volume forecast of around 340 thousand metric tons. The building sector as largest demander of paint In Japan, paint is mainly demanded in the building and construction sector for exterior and interior walls and floors. Despite post-COVID-19 recovery and active redevelopment in the Tokyo metropolitan area, prolonged high prices have slowed down new construction starts, presenting additional challenges for the paint industry. Following the building sector, road vehicles, metal products, and the shipbuilding sector followed as the largest consumers of paint in Japan. Here coatings are used to optimize, protect, or decorate the surfaces of automobiles, ships, and trains. Paint industry in Japan In recent years, water-based resin paint was the type of paint with the largest consumption volume in Japan, followed by powder paint. Water-based resin paint is not just used for industrial and floor coatings but also for hygiene coatings, while powder paint is used for coatings on metal as it is harder than conventional paint.Even though the number of facilities in the Japanese paint manufacturing industry remains relatively small, Nippon Paint and Kansai Paint rank both among the largest paint manufacturing companies in Japan as well as among the paint companies with the largest global market share.

Snapshot img

Industrial Coatings Market Size 2024-2028

The industrial coatings market size is forecast to increase by USD 22.6 billion at a CAGR of 4.38% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the increasing demand for waterborne coatings due to their eco-friendliness and regulatory compliance. Another trend transforming the market is the emergence of advanced coatings with self-cleaning and self-healing properties, offering enhanced protection and durability to industrial assets. However, this market is not without challenges. The volatile prices of raw materials, such as resins and pigments, pose significant risks to manufacturers and buyers alike. To capitalize on the opportunities presented by this market, companies must stay abreast of regulatory changes, invest in research and development to innovate, and adopt strategic sourcing and supply chain management practices to mitigate the impact of raw material price fluctuations. By doing so, they can effectively navigate the complexities of the market and secure a competitive position in this dynamic industry.

What will be the Size of the Industrial Coatings Market during the forecast period?

Request Free SampleThe market encompasses a broad range of products utilized for enhancing the visual appearance, surface protection, and corrosion resistance of various substrates. This market exhibits growth, driven by increasing demand for eco-friendly coatings in response to stricter environmental regulations. European Commission initiatives, such as those addressing VOC emissions, have the adoption of water-borne and powder coatings. These coatings offer advantages in terms of air pollution reduction and improved supply chain efficiency. Key product segments include refinish coatings for automotive maintenance and aftermarket painting, as well as coatings for construction activities. Raw material shortages, particularly of polymer substances like acrylics and epoxy resins, pose challenges for manufacturers. Zinc-based coatings and solvent-borne segments continue to dominate the market, but water-borne coatings are gaining traction due to their environmental benefits. Overall, the market is poised for continued expansion, driven by the need for effective surface protection solutions in diverse industries.

How is this Industrial Coatings Industry segmented?

The industrial coatings industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TechnologyWaterborneSolvent-bornePowdered coatingsUV-curedApplicationGeneral industrialAutomotive OEMsAutomotive refinishesOthersGeographyAPACChinaJapanEuropeFranceGermanyNorth AmericaUSMiddle East and AfricaSouth America

By Technology Insights

The waterborne segment is estimated to witness significant growth during the forecast period.Industrial coatings, including aquatic and powder varieties, play a crucial role in surface protection and corrosion resistance across various sectors. Aqueous coatings, comprised primarily of water solutions, contain minimal volatile organic compounds (VOCs) and align with US and European regulatory standards. This environmental friendliness, coupled with their ease of application, has led to their increasing adoption in industries. However, the evaporation process in water-based coatings is slower than solvent-based alternatives due to environmental factors. Powder coatings, another eco-friendly option, offer high-performance and durability, particularly in the automotive and aerospace industries. Both types, polyurethane resin-based and epoxy resin-based, contribute significantly to the market, with the latter dominating the anti-corrosion coatings segment. The European Commission and Western European governments continue to implement regulatory policies aimed at reducing air pollution, driving demand for low-polluting coating technologies. Market growth is further influenced by the increasing use of eco-friendly coatings in consumer goods, architectural components, and industrial machinery. Despite these opportunities, challenges such as raw material shortages and supply chain issues persist. Industry experts, including Mike Bourdeau of General Industrial Coatings, the importance of technology innovation, regulatory compliance, and sustainable practices to address these challenges and maintain market competitiveness.

Get a glance at the market report of share of various segments Request Free Sample

The Waterborne segment was valued at USD 34.00 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 66% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional

With sales worth over one trillion Japanese yen, Nippon Paint Holdings Co., Ltd. represented the largest paint manufacturing company in Japan in terms of sales in 2022 and 2023. Kansai Paint Co., Ltd. followed, with a sales value of around 509 billion yen.

Nippon Paint and Kansai Paint rang among the global leaders  Nippon Paint and Kansai Paint ranked among the paint companies with the largest global market share. Both companies are headquartered in Osaka and manufacture a wide variety of paint and coatings, ranging from automotive, marine, industrial, and protective coatings to paints for home use.

 The Japanese building industry had the highest demand for paint Japan's manufacturing industries have a high demand for paint and coatings since they are needed to protect, optimize, or decorate different types of surfaces, ranging from objects to building walls. The industries that had the strongest demand for paint in Japan were buildings, followed by road vehicles, metal products as well as the shipbuilding industry.The shipment value of paint in Japan grew to over one trillion Japanese yen in recent years, indicating a steady growth in the Japanese market.

The domestic demand of epoxy resin paints in the paints and printing inks industry in Japan declined to 13.4 thousand tons in 2023. Nevertheless, the last two years in this industry recorded a significant higher consumption quantity than the preceding years.Find more statistics on other topics about Japan with key insights such as consumption quantity of synthetic resin paints (organic solvent type), consumption quantity of non-solvent type synthetic resin traffic paints, and production quantity of gravure inks.

The Japan Marine Coatings Market size was valued at USD 1058.6 Million in 2024 and is projected to reach USD 1511.2 Million by 2032, growing at a CAGR of 4.5% from 2026 to 2032.

The Japan marine coatings market is driven by the country’s strong shipbuilding industry, which demands high-performance coatings for vessel protection and efficiency. With Japan being a major player in global ship construction and repair, the need for advanced coatings that prevent corrosion, biofouling, and wear is significant. Stringent environmental regulations are pushing the adoption of eco-friendly, low-VOC, and antifouling coatings to minimize the impact on marine ecosystems. Technological advancements have led to the development of durable, fuel-efficient coatings that enhance ship longevity while reducing maintenance costs. Additionally, the rise in maritime trade, offshore energy projects, and the expansion of Japan’s naval fleet contribute to market growth. The demand for specialized coatings that improve vessel performance under harsh marine conditions is also increasing. Furthermore, government initiatives to promote sustainable and efficient shipping practices are fostering innovation in marine coatings, making Japan a key market for cutting-edge protective solutions in the maritime industry.

Snapshot img

Industrial Coating Equipment Market Size 2025-2029

The industrial coating equipment market size is forecast to increase by USD 3.94 billion, at a CAGR of 5.3% between 2024 and 2029.

The market is experiencing significant growth due to increasing demand from various end-user industries, particularly in sectors such as automotive, construction, and consumer goods. This trend is driven by the need for high-performance coatings that offer superior protection against corrosion, wear and tear, and environmental factors. Additionally, the introduction of new and innovative coating technologies is fueling market growth. However, the high initial investment costs associated with purchasing and installing industrial coating equipment can be a challenge for small and medium-sized enterprises. Despite this, the long-term benefits of using advanced coating technologies, such as increased productivity, improved product quality, and reduced maintenance costs, make it a worthwhile investment for businesses in the manufacturing sector. Overall, the market is expected to continue its growth trajectory, driven by technological advancements and the increasing demand for high-performance coatings.

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

Request Free Sample

The market encompasses a wide range of solutions designed to enhance the aesthetic characteristics of various industries' products and infrastructure. Two significant sectors driving the demand for coating equipment are power generation and building & construction. In the power generation industry, coating equipment is essential for protecting critical components from degradation caused by harsh operating conditions. Incentives, such as subsidies and tax breaks, are encouraging the adoption of coating technologies in manufacturing facilities. Coating processes are increasingly being utilized in the production of electric mobility components, including charging stations, batteries, and electric vehicles. Liquid coating equipment, including rollers and brushes, is commonly used in the manufacturing of coated electronic devices.
However, the choice of coating materials and processes depends on the specific customer requirement and industrial needs. For instance, powder coating equipment is preferred for its ability to produce uniform, thick coatings on metal components, reducing air drag and rusting. The coating process is not only essential for improving the appearance of products but also for enhancing their functionality and longevity. Specialty coating equipment is increasingly being adopted to cater to the unique requirements of various industries. For example, the building & construction sector relies on coating equipment to protect structures from weathering and other environmental factors. Despite the numerous benefits of coating technologies, the assembly cost remains a concern for many manufacturers.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Specialty coating
  Liquid coating
  Powder coating


End-user

  Industrial
  Automotive and transportation
  Construction and agriculture
  Aerospace
  Others


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    France


  North America

    Canada
    US


  South America

    Brazil


  Middle East and Africa

By Type Insights

The specialty coating segment is estimated to witness significant growth during the forecast period.

Specialty coating equipment is a significant sector within the industrial coating market, catering to specialized applications requiring unique formulations. Thermal spray coatings, anti-corrosion coatings, and industrial protective coatings are integral to industries such as aerospace, marine, energy, and electronics. The primary advantage of specialty coatings lies in their ability to provide specialized protection against extreme conditions, including high temperatures, chemicals, and mechanical wear. For instance, in the aerospace industry, thermal spray coatings are utilized to shield aircraft components from intense heat and wear, ensuring their durability and dependability. Coating technologies, including PVD (Physical Vapor Deposition) and electrocoating, are employed to create these specialized coatings.

Get a glance at the market report of share of various segments Request Free Sample

The specialty coating segment was valued at USD 4.30 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 39% to the growth of the global market during the forecast period.

Technavio's analysts hav

Snapshot img

Hydrophobic Coatings Market Size 2024-2028

The hydrophobic coatings market size is forecast to increase by USD 463.9 million at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth due to increasing demand from various industries such as building and construction, marine, healthcare, aerospace, oil & gas, and automotive. In the building and construction sector, the use of hydrophobic coatings is gaining popularity for their water-repellent properties, which can help reduce water absorption and prevent moisture damage. The marine industry is also witnessing a rise in demand for hydrophobic coatings due to their ability to protect against corrosion and fouling. Moreover, the healthcare sector is adopting hydrophobic coatings for medical devices to prevent bacterial growth and ensure longevity. In the aerospace industry, hydrophobic coatings are being used to reduce carbon emissions and improve fuel efficiency by reducing the need for frequent aircraft washing. The oil & gas industry is also utilizing hydrophobic coatings for pipelines and offshore platforms to prevent corrosion and increase operational efficiency. However, the market growth is also facing challenges due to stringent environmental regulations and the high cost of hydrophobic coatings compared to traditional coatings.

Market Analysis

Request Free Sample

The market is witnessing significant growth due to the increasing demand for coatings that offer superior water-repellent properties. These coatings are utilized in various industries, including electronics, building and construction, marine, healthcare, aerospace, oil & gas, and textiles, among others. Hydrophobic coatings are applied to a substrate, such as metal, glass, polymer, ceramics, concrete, or textiles, to create a coating layer that repels water. This layer can be applied as a single layer or as a multi-layer system, using techniques like dip coating, brushing, roll coating, or spraying. Polysiloxanes, fluoropolymers, and fluoro-alkylsilanes are common materials used to formulate hydrophobic coatings. These materials provide excellent water-repellent properties, making them ideal for applications where water resistance is crucial. The functionality of hydrophobic coatings extends beyond water repellency. They offer various benefits, such as anti-corrosion, anti-microbial, anti-fouling, anti-icing, self-cleaning, and wetting properties.

Further, in the electronics industry, hydrophobic coatings are used to protect sensitive components from moisture and contaminants. In construction, they are used to prevent water damage and improve the durability of buildings. In marine applications, they help prevent fouling and reduce the need for frequent cleaning. In healthcare, they are used to prevent the growth of bacteria and viruses on surfaces. In aerospace, they are used to improve the performance of aircraft by reducing drag and improving fuel efficiency. In the oil & gas industry, they are used to prevent corrosion and improve the lifespan of equipment. The market is expected to grow due to the increasing demand for water-repellent coatings in various industries. The development of new and advanced coatings with improved properties and the increasing awareness of the benefits of hydrophobic coatings are also driving market growth.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Automotive
  Building and construction
  Aerospace
  Marine
  Others


Geography

  APAC

    China
    India
    Japan


  North America

    US


  Europe

    Germany


  South America



  Middle East and Africa

By End-user Insights

The automotive segment is estimated to witness significant growth during the forecast period. Hydrophobic coatings have gained significant traction in various industries due to their superior gloss retention and chalk resistance properties. In the construction sector and building industry, these coatings are used to enhance the durability and longevity of structures, particularly in corrosive environments. The anti-corrosion property of hydrophobic coatings is a major factor driving their demand in infrastructure projects, pipelines, naval vessels, and aircraft. Beyond industrial applications, hydrophobic coatings are also extensively used in automotive related products.

Further, hydrophobic coatings provide vehicles with a water-repellant surface that prevents water spots and makes cleaning easier. The market caters to the dual functions of the automotive segment: protection and decoration. By providing an additional layer of protection against environmental elements, these coatings ensure the longevity and durability of vehicles. Furthermor

The Japan thermal spray coating market size reached USD 319.3 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 620.8 Million by 2033, exhibiting a growth rate (CAGR) of 7.1% during 2025-2033. The significant expansion in the automotive sector, the widespread adoption of thermal spray in the energy sector, and the growing product demand in the aerospace and defense industries represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 319.3 Million
Market Forecast in 2033	USD 620.8 Million
Market Growth Rate 2025-2033	7.1%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product, technology, and application.

The domestic demand of polyurethane paints in the paints and printing inks industry in Japan declined to 10,053 tons in 2023. Nevertheless, the last two years in this industry recorded a significant higher consumption quantity than the preceding years.Find more statistics on other topics about Japan with key insights such as consumption quantity of synthetic resin paints (organic solvent type), consumption quantity of thinners, and production quantity of newspaper inks.

The Asia-Pacific Paints and Coatings Market Report is Segmented by Technology (Water-Borne, Solvent-Borne, Powder, and Other Technologies (UV/EB, High-Solids, Etc. )), Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Other Resin Types (Phenolic, Ketonic, and Others)), End-User Industry (Architectural/Decorative, Automotive, Wood, Protective, General Industrial, Transportation, Packaging, and Other End-User Industries (Plastic Coatings, Agriculture, Construction and Earthmoving Equipment, and Others)), and Geography (China, India, Japan, South Korea, Australia and New Zealand, Indonesia, Thailand, Malaysia, Vietnam, Philippines, Singapore, and Rest of Asia-Pacific). The Report Offers Market Sizes in Value Terms (USD) for all the Abovementioned Segments.

Japan automotive OEM coatings market size reached USD 1,030.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,359.2 Million by 2033, exhibiting a growth rate (CAGR) of 3.33% during 2025-2033. The increasing demand for commercial utility vehicles, along with the growing integration of ultraviolet (UV)-curved technologies and eco-friendly coatings, is primarily driving the market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 1,030.0 Million
Market Forecast in 2033	USD 1,359.2 Million
Market Growth Rate (2025-2033)	3.33%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on resin type, technology and end user.

The Japan Marine Coatings Market size was valued at USD 15600 Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 2.00">> 2.00 % during the forecast periods. Growth in the marine coatings market of Japan remains stable due to the existence of advanced shipbuilding industries and strict environmental regulations. This type of coating offers good corrosion resistance and anti-fouling properties, along with durability. It majorly finds applications in ship hulls and decks, as well as offshore structures. Based on type, it is segmented into anti-fouling, anti-corrosive, and protective coatings, while based on technology, it is segmented into solvent-borne, water-borne, and powder coatings. Advancements in technology are oriented towards more eco-friendly formulations and improved coating performance. Such coatings tend to have prolonged vessel life, reduced maintenance cost, and improved fuel efficiency. Compliance with international maritime standards, better care, and protection of the environment, along with high performance in harsh marine conditions, are among the other advantages driving market growth and adoption. Key drivers for this market are: , Government Push for Increased Ship Orders; Other Drivers. Potential restraints include: , Impact of COVID-19 Outbreak; Other Restraints. Notable trends are: Anti-Fouling Coatings are Expected to Dominate the Market.

The global Resins in Paints & Coatings Market size was valued at USD 29.15 billion in 2025 and is projected to grow at a CAGR of 2.12% during the forecast period. The market growth is attributed to the increasing demand for paints and coatings from various end-use industries, such as construction, automotive, and industrial. Additionally, the rising awareness of environmental regulations and the growing adoption of waterborne and low-VOC (volatile organic compound) resins are further driving market growth. Key market segments include type (thermoplastic resins, thermosetting resins, alkyd resins, acrylic resins, epoxy resins), application (architectural coatings, automotive coatings, industrial coatings, marine coatings, wood coatings), end-use (construction, automotive, aerospace, furniture, consumer goods), formulation (waterborne, solventborne, powder coatings, high solid, UV curable), and region (North America, South America, Europe, Middle East & Africa, Asia Pacific). The Asia Pacific region is expected to hold the largest market share during the forecast period due to the presence of major construction and automotive industries in countries such as China, India, and Japan. Recent developments include: The Resins in Paints and Coatings Market is witnessing significant developments as companies adapt to evolving consumer preferences and environmental regulations. Royal DSM has been expanding its product portfolio in sustainable coatings, while Wacker Chemie is focusing on increasing its production capabilities to meet rising demand for silicone resins. Huntsman is investing in innovative formulations aimed at enhancing performance in challenging environmental conditions. Notably, Allnex has recently announced an expansion in its production capacity in response to increasing demand in Asia-Pacific.In terms of mergers and acquisitions, no significant recent deals have been reported involving key players like Evonik Industries, Hexion, or BASF, keeping the market dynamics relatively stable. However, the overall market valuation for companies in this sector continues to grow, driven by innovations and increased applications of eco-friendly resins. As the demand for high-performance coatings rises, companies like Arkema and Dow are strategically positioning themselves to leverage these growth opportunities, ensuring their product offerings remain competitive and aligned with market trends. The focus on sustainability and innovation is shaping the trajectory of the Resins in Paints and Coatings Market.. Key drivers for this market are: Growing demand for eco-friendly resins, Expansion in emerging markets; Innovations in waterborne coatings; Increasing automotive production needs; Rise in construction activities.. Potential restraints include: Increasing demand for eco-friendly coatings, Growth in construction and automotive industries; Technological advancements in resin formulations; Fluctuating raw material prices; Stringent environmental regulations.

Snapshot img

Coatings Raw Materials Market Size 2025-2029

The coatings raw materials market size is forecast to increase by USD 24.39 billion at a CAGR of 5.7% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. The increasing demand for alkyd resins in paints and coatings is a major growth factor, as these materials offer superior performance and durability. Additionally, the expanding automotive industry is driving market growth, as automobiles require a large amount of coatings for various applications. Another trend influencing the market is the volatility of crude oil prices, which impacts the production costs of raw materials such as polyols and fatty acids. Markets for exterior and interior wall paints, wood finishes, printing inks, and protective coatings for marine and architectural and industrial applications continue to expand, fueled by increasing urbanization and infrastructure development. These trends present both opportunities and challenges for market participants, requiring them to adapt to changing market conditions and consumer preferences. Overall, the market is expected to continue its growth trajectory In the coming years.

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

Request Free Sample

The market encompasses a diverse range of products, including alkyd resins, coatings polymers, and specialty resins used in paints and coatings applications. Market growth is driven by the increasing industrialization and construction sectors' demand for protective coatings, as well as the expanding use of eco-friendly and technologically advanced coatings, such as UV cured, powder, and PVDF coatings. Key raw materials include crude oil and monomers for the production of coatings polymers, such as polyurethane resins and enamels. Regulations on Volatile Organic Compounds (VOC) have led to the development of low-VOC and VOC-free coatings, creating opportunities for alternative raw materials. Technological advancements, such as the integration of nanotechnology and smart coatings, further drive market growth.

How is this Coatings Raw Materials Industry segmented and which is the largest segment?

The coatings raw materials industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Resins
  Pigments and fillers
  Solvents
  Additives


Distribution Channel

  Offline
  Online


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK


  North America

    Canada
    US


  South America

    Brazil


  Middle East and Africa

By Type Insights

The resins segment is estimated to witness significant growth during the forecast period.

Resins, derived from both synthetic and natural sources, serve as essential raw materials In the production of coatings. Synthetic resins, extracted from petrochemical products, include categories such as acrylic, alkyd, urethane, and epoxy. Acrylic resins, the most widely used binders in paints and coatings applications, are utilized in decorative paints, including pure and modified acrylic forms. Alkyd resins, the second-most common type, face declining usage due to Volatile Organic Compound (VOC) regulations, particularly in North America and the EU. Coating polymers, including PVDF, polyurethane, and polyvinylidene difluoride, are used in architectural and industrial applications, such as protective coatings, exterior and interior wall paints, wood finishes, enamels, marine coatings, and printing inks.

Technological advancements in coatings have led to the development of eco-friendly, UV cured, powder, intelligent, decorative, and functional coatings. Crude oil, a primary raw material for synthetic resins, influences the coatings market. Urbanization and construction activity, particularly in urban areas, contribute to the demand for coatings. The automotive production sector also drives demand for coatings, including smart coatings with anti-bacterial, self-healing, scratch resistance, and autonomous vehicle sensor properties. Nanomaterials and radiation cure coatings are emerging trends In the coatings industry.

Get a glance at the market report of share of various segments Request Free Sample

The resins segment was valued at USD 30.15 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 52% 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.

For more insights on the market size of various regions, Request Free Sample

The market is experiencing significan

Adoption of barrier coated paper in Japan are estimated to develop at a 3.3% CAGR through 2033. The overall demand for barrier coated paper in Japan is expected to increase steadily, surpassing a valuation of US$ 195.5 million in 2023. By 2033, sales projections for barrier coated paper in Japan suggest reaching a value of US$ 269.4 million.

Attributes	Details
Industry Size of Japanin 2023	US$ 195.5 million
Expected Industry Size of Japan by 2033	US$ 269.4 million
Forecasted CAGR between 2023 to 2033	3.3%

Category-wise insights

Leading Coating Type for Barrier Coated Paper in Japan	Water-based
Total Value Share (2023)	53.6%

Leading End Use for Barrier Coated Paper in Japan	Food
Total Value Share (2023)	64.8

Scope of the Report

Attribute	Details
Estimated Industry Size in 2023	US$ 195.5 million
Projected Industry Size by 2033	US$ 269.4 million
Anticipated CAGR between 2023 to 2033	3.3% CAGR
Historical Analysis of Demand for Barrier Coated Paper in Japan	2018 to 2022
Demand Forecast for Barrier Coated Paper in Japan	2023 to 2033
Report Coverage	Industry Size, Industry Trends, Analysis of key factors influencing Barrier Coated Paper adoption in Japan, Insights on Global Players and their Industry Strategy in Japan, Ecosystem Analysis of Local and Regional Japan Manufacturers
Key Cities Analyzed While Studying Opportunities in Barrier Coated Paper in Japan	Kanto Chubu Kinki Kyushu & Okinawa Tohoku Rest of Japan
Key Companies Profiled	Nippon Paper Industries Co., Ltd. Oji Holdings Corporation Mitsubishi Paper Mills Limited Hokuetsu Corporation Hokuetsu Kishu Paper Co., Ltd. Daio Paper Corporation Chuetsu Pulp & Paper Co., Ltd. Mitsubishi HiTec Paper Bielefeld GmbH Norske Skog ASA UPM-Kymmene Corporation

According to Future Market Insights (FMI), the global phosphate conversion coatings market registered a year-on-year (YoY) growth of 4.0% in 2021. Demand in the phosphate conversion coatings market is projected to grow at a value of 4.0% CAGR between 2022 and 2028. Future Market Insights (FMI) forecasts the market value to top US$ 1,863.6 Mn in 2022. Global phosphate conversion coatings market is nearly 67.7% of the global conversion coatings market as of 2022.

Attribute	Details
Phosphate Conversion Coatings Value (2021A)	US$ 1,791.8 million
Phosphate Conversion Coatings Value (2022E)	US$ 1,863.6 million
Phosphate Conversion Coatings Value (2028F)	US$ 2,359.6 million
Value CAGR (2022-2028)	4.0%
Collective Value Share: Top 3 Countries (2021A)	51.1%

How The Market Progressed Till June 2022?

Market Statistics	Details
H1,2021 (A)	4.1%
H1,2022 Projected (P)	3.7%
H1,2022 Outlook (O)	3.5%
BPS Change : H1,2022 (O) - H1,2022 (P)	(-) 20 ↓
BPS Change : H1,2022 (O) - H1,2021 (A)	(-) 60 ↓

Scope of Report

Attribute	Details
Forecast Period	2022-2028
Historical Data Available for	2013-2021
Market Analysis	USD Million for Value and Tons for Volume
Key Regions Covered	North America, Latin America, Western Europe, Eastern Europe, South East Asia & Pacific, China, India, Japan, and the Middle East & Africa
Key Countries Covered	USA, Canada, Germany, UK, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia & New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa
Key Segments Covered	Product Type, Substrate, End-use Industry, and Region
Key Companies Profiled	Henkel AG & Co. KGaA PPG Industries, Inc The Sherwin-Williams Company Axalta Coating Systems, LLC Kansai Paint Co., Ltd. Chemetall GmbH Nihon Parkerizing Co., Ltd. Keystone Corporation Freiborne Industries, Inc. Hubbard-Hall Inc. Crest Industrial Chemicals, Inc. Westchem Technologies Inc.
Report Coverage	Market Forecast, Brand Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Recent developments include: The recent developments pertaining to the major players in the market are being covered in the complete study.. Key drivers for this market are: Growing Infrastructure and Industrialization in Russia, Increasing demand from Japan's Oil and gas industry. Potential restraints include: The Fluctuations in the prices of raw materials. Notable trends are: The acrylic resins segment expected to register higher growth rate.

The global coil coatings market sales are slated to top US$ 5.24 billion in 2023. The market is expected to propel at 4.7% CAGR through 2033 to gain a market revenue of US$ 8.29 billion by 2033.

Attributes	Details
Coil Coatings Market Estimated Size 2023	US$ 5.24 billion
Coil Coatings Market Value-based CAGR (2023 to 2033)	4.7%
Coil Coatings Market Size in Projected 2033	US$ 8.29 billion

Scope of Coil Coatings Market Report

Attributes	Details
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	Units for Volume and US$ billion for Value
Key Regions Covered	North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Except Japan, Japan, and Middle East & Africa (MEA)
Key Countries Covered	The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa
Key Market Segments Covered	Material Type, Product Type, End Use, Application, and Region
Key Companies Profiled	Akzo Nobel N.V. The Chemours Company Axalta Coating Systems PPG Industries Becker Group The Valspar Corporation Henkel AG & Co. KGaA Kansai Paint Co. Ltd. Eastman Chemical Company Noroo Coil Coatings ALCEA Dura Coat Products, Inc. Italcoat S.r.l. Huehoco GmbH Jotun Group Titan Coatings, Inc. Chemetall Group Recubrimientos Plasticos SA ARCEO Engineering Nipsea Group (Nippon Paint)
Pricing	Available upon Request

Japan antimicrobial coatings market size reached USD 197.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 368.5 Million by 2033, exhibiting a growth rate (CAGR) of 6.5% during 2025-2033. The increasing cases of healthcare-associated infections, along with the rising demand for antimicrobial coatings to help in preventing the spread of illness in healthcare settings, are driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 197.1 Million
Market Forecast in 2033	USD 368.5 Million
Market Growth Rate 2025-2033	6.5%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product type and application.

Snapshot img

Thermal Spray Coatings Market Size 2024-2028

The thermal spray coatings market size is forecast to increase by USD 6.09 billion at a CAGR of 6.11% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for these coatings in various industries, particularly in healthcare. The healthcare sector's focus on improving medical equipment's surface properties to enhance their durability and resistance to corrosion is driving market growth. Additionally, the demand for advanced materials with superior surface characteristics is increasing, leading to a surge In the adoption of thermal spray coatings. However, the high cost of equipment required for thermal spray coating applications may hinder market growth. Despite this challenge, the market is expected to continue expanding as the benefits of thermal spray coatings become more widely recognized.

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

Request Free Sample

The market In the United States is experiencing significant growth due to the increasing demand for corrosion resistance and wear resistance solutions in various industries. Gas turbines, particularly those used in power generation and aerospace, are major consumers of thermal spray coatings due to their exposure to harsh environments, including high temperatures, moisture-laden conditions, and erosive forces. Thermal spray coatings provide effective protection against fire, cavitation, and chemical attacks. Beyond gas turbines, the market also caters to industries such as pains, medical, and electrical, where tailoring properties such as coating consistency, electrical insulation, and biocompatibility are essential. The demand for thermal spray coatings with anti-corrosion, antimicrobial properties, and occupational safety features is also on the rise.As industries strive for greater efficiency and sustainability, there is a growing focus on materials with heat impact resistance and low fossil fuel consumption, as well as those with minimal carbon dioxide emissions. Renewable energy plants, particularly those utilizing hydroelectric and wind power, are increasingly adopting thermal spray coatings to protect their infrastructure from the elements.

How is this Thermal Spray Coatings Industry segmented and which is the largest segment?

The thermal spray coatings industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TypeCombustion flameElectrical flameMaterialMetals and alloysCeramicsPolymersOthersGeographyNorth AmericaCanadaUSAPACChinaJapanEuropeGermanySouth AmericaMiddle East and Africa

By Type Insights

The combustion flame segment is estimated to witness significant growth during the forecast period.

Thermal spray coatings are essential for enhancing the properties of various surfaces through techniques such as corrosion protection, wear resistance, thermal insulation, and mechanical improvement. One of these methods, combustion flame spraying, utilizes a high-temperature flame produced by the combustion of a gas and oxygen mixture. The molten coating material, usually in powder form, is then propelled onto the substrate, forming a coating upon solidification. This versatile process can apply a range of coating materials, including metals, ceramics, and specific polymers, to industries such as aerospace, paper, gas turbines, and orthopedic implants. Combustion flame spraying is widely used In the production of carbide coatings for gas turbine engines and aviation gas turbines in power generation.The resulting coatings provide benefits like increased thermal barrier, dielectric strength, sliding wear resistance, and abradable materials.

Get a glance at the Thermal Spray Coatings Industry report of share of various segments Request Free Sample

The Combustion flame segment was valued at USD 10.48 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 35% 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.

For more insights on the market share of various regions, Request Free Sample

The North American market for thermal spray coatings is poised for significant expansion due to increasing demand from various industries, particularly automotive, power generation, and aerospace sectors. Thermal spray coatings are crucial for enhancing engine durability and efficiency In the aerospace industry, as demonstrated by major companies like General Electric and Pratt & Whitney's investments in advanced coatings.