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Plastic Coatings Market by Type (Polyurethane, Acrylic, Epoxy, and Others), Process (Dip Coating, Spray Coating, Powder Coating, Electrophoretic Painting, and Others), and End-Use Industry (Automotive, Aerospace & Defense, Building & Construction, Medical, and Others): Global Opportunity Analysis and Industry Forecast 2020-2027

A07586
Pages: 316
Oct 2020 | 675 Views
 
Author(s) : Amit Narune , Eswara Prasad
Tables: 130
Charts: 78
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Plastic Coatings Market Outlook - 2027

The global plastic coatings market was valued at $6.5 billion in 2019, and is projected to reach $8.8 billion by 2027, growing at a CAGR of 5.1% from 2020 to 2027. 

The outbreak of COVID-19 has negatively impacted the demand for plastic coatings, owing to the decreased automobile sales, disturbed construction activities, and others.

Plastic coating application provides thick, wear-resistant finish that eliminates air and water from the surface and prevents corrosion. It is used in products such as radiator grilles, battery trays, brackets, seat springs door handles, filler pipes, and others.

Plastic-Coatings--Market-2020-2027

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Factors contributing to the growth of plastic coatings market include rise in demand from various end-use industries in developing regions such as Asia-Pacific. In addition, increase in demand for lightweight vehicles also propels the market growth. However, volatility of raw material prices and stringent environmental rules in developed regions hinder the market growth. On the contrary, rise in trend of advancement in coating technologies is expected to create lucrative opportunities for the plastic coatings market growth during the forecast period. 

The plastic coatings market is segmented on the basis of type, process, end-use industry, and region. Based on type, the market is divided into polyurethane, acrylic, epoxy, and others. On the basis of process, the market is categorized into dip coating, spray coating, powder coating, electrophoretic painting, and others. Based on the end-use industry, the market is divided into automotive, aerospace & defense, building & construction, medical, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The plastic coatings market share is analyzed for all regions and segments

The plastic coatings market analysis covers in-depth information of the major industry participants. Some of the major players in the market include Axalta Coating Systems, AkzoNobel N.V., BASF SE, Covestro AG, Keyland Polymer, Wacker Chemie AG, PPG Industries Inc., Kansai Paint Co., Ltd., the Sherwin-Williams Company, and Arsonsisi s.p.a.

Other players in the value chain of the plastic coatings market include Diamond Vogel, Berger Paints India Limited, Becker Industrial Coatings Ltd., Clariant, Cabot Corporation, Jotun, and Lord Corporation.

The key players adopt numerous strategies, such as product launch, business expansion, acquisition, partnership, collaboration, joint venture, and agreement, to stay competitive in the plastic coatings market.

For instance, in 2017, BASF SE opened a plant for automotive coating in Bangpoo manufacturing site, Samutprakarn province, Thailand. The plant is used to serve the demand from the automotive sector in the
ASEAN region. This has reinforced the company’s presence in Asia-Pacific.

In addition, in 2018, BASF SE and Sirrus collaborated to develop innovative coating solutions for the automotive sector. 

Plastic Coatings Market
By Market

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Polyurethane is projected as the most lucrative segment.

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Plastic coatings market, by type

By type, the polyurethane segment garnered 25.3% share in terms of revenue. This is attributed to excellent performance and its potential to cure at lower baking temperatures, which make it an ideal choice in various end-use industries. It is also preferred in the aerospace end-use industry as it offers resistance to staining, abrasion, chemicals, natural resistance against UV rays, and others. Moreover, the growth of the aerospace sector in developing regions, such as LAMEA and Asia-Pacific, is expected to increase the demand for polyurethane in the coming years. Furthermore, North America is one of the major players in aerospace manufacturing. 

Plastic Coatings Market
By Process

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Powder Coating is projected as the most lucrative segment.

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Plastic coatings market, by process

By process, the dip coating segment garnered 16.6% share in terms of revenue. This process can adapt to conditions with high revenue orders that require fast delivery, alternative colors & finishes that can be created easily and cheaply, UV resistant, and others. 

Plastic Coatings Market
By End Use Industry

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Automotive is projected as the most lucrative segment.

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Plastic coatings market, by end-use industry

By end-use industry, the automotive segment garnered 34.1% share in 2019, in terms of revenue. This is attributed to increased use of plastic coatings in automotive manufacturing and rise in concerns about carbon emissions. Automotive players adopt coating solutions to protect their vehicles from rust in rough terrains and harsh weather conditions, which is estimated to propel the market growth.

Plastic Coatings Market
By Region

2027
Apac 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Plastic coatings market, by region

Region-wise, Asia-Pacific is expected to be the fastest-growing region in terms of revenue as well as revenue. This is attributed to its developing infrastructure, increasing demand from end-use industries, growing purchasing power, and the shift in production capacity from the developed markets to emerging regions. 

Japan, India, and China are the dominating economies in the Asia-Pacific region, and are expected to offer lucrative opportunities for the market growth during the forecast period. This is attributed to favorable government initiatives taken by governments of respective nations to promote growth in the manufacturing sectors, consequently boosting the plastic coatings market.

Key benefits for stakeholders

  • The report outlines the current market trends and future scenario of the plastic coatings market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
  • The report provides in-depth analysis of the plastic coatings market along with the current and future plastic coatings market trends.
  • This report highlights the key drivers, opportunities, and restraints of the plastic coatings market along with the impact analysis during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • The plastic coatings market size is provided for various end use industries.
  • The study provides a comprehensive analysis of the factors that drive and restrain the plastic coatings market growth.
  • The qualitative data in this report aims at market dynamics, market trends, and developments.

Impact of COVID-19 on the plastic coatings market

  • The outbreak of COVID-19 has affected the demand as well as manufacturing in supply regions.
  • The outbreak of COVID-19 in China has severely affected numerous industries, such as automotive, construction, and others, from the first quarter of 2020, which further disrupted the demand for plastic coatings.
  • The COVID-19 crisis has affected the chemical industry supply chain to a major extent. Therefore, this led to a major impact on raw material procurement.

Key market segments

By Type

  • Polyurethane
  • Acrylic
  • Epoxy
  • Others

By Process

  • Dip Coating
  • Spray Coating
  • Powder Coating
  • Electrophoretic Painting 
  • Others 

By End-Use Industry

  • Automotive
  • Aerospace & Defense
  • Building & Construction
  • Medical
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.Key findings

2.2.1.Top investment pockets

2.3.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping global plastic coatings market

3.2.1.Bargaining power of the supplier
3.2.2.Bargaining power of the buyer
3.2.3.Threat of Substitutes
3.2.4.Threat of new entrant
3.2.5.Competitive rivalry

3.3.Market Dynamics

3.3.1.Drivers

3.3.1.1.Rise in trend of lightweight vehicle
3.3.1.2.Increase in demand from the construction sector

3.3.2.Restraint

3.3.2.1.Environmental Regulations Regarding volatile organic content (VoC) Content

3.3.3.Opportunity

3.3.3.1.Growing end use industries in developing economies

3.4.Value Chain of the plastic coatings market
3.5.Patent analysis
3.6.Impact of COVID-19 outbreak on the plastic coatings market

CHAPTER 4:PLASTIC COATINGS MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Polyurethane

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Acrylic

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Epoxy

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

CHAPTER 5:PLASTIC COATINGS MARKET, BY PROCESS

5.1.Overview

5.1.1.Market size and forecast

5.2.Dip Coating

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Spray Coating

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Powder Coating

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Electrophoretic Painting

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

CHAPTER 6:PLASTIC COATINGS MARKET, BY END USE INDUSTRY

6.1.Overview

6.1.1.Market size and forecast

6.2.Automotive

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Aerospace and Defense

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Building and Construction

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Medical

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

6.6.Others

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country

CHAPTER 7:PLASTIC COATINGS MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by process
7.2.4.Market size and forecast, by end use industry
7.2.5.Market size and forecast, by country
7.2.6.U.S.

7.2.6.1.Market size and forecast, by type
7.2.6.2.Market size and forecast, by process
7.2.6.3.Market size and forecast, by end use industry

7.2.7.Canada

7.2.7.1.Market size and forecast, by type
7.2.7.2.Market size and forecast, by process
7.2.7.3.Market size and forecast, by end use industry

7.2.8.Mexico

7.2.8.1.Market size and forecast, by type
7.2.8.2.Market size and forecast, by process
7.2.8.3.Market size and forecast, by end use industry

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by process
7.3.4.Market size and forecast, by end use industry
7.3.5.Market size and forecast, by country
7.3.6.Germany

7.3.6.1.Market size and forecast, by type
7.3.6.2.Market size and forecast, by process
7.3.6.3.Market size and forecast, by end use industry

7.3.7.France

7.3.7.1.Market size and forecast, by type
7.3.7.2.Market size and forecast, by process
7.3.7.3.Market size and forecast, by end use industry

7.3.8.UK

7.3.8.1.Market size and forecast, by type
7.3.8.2.Market size and forecast, by process
7.3.8.3.Market size and forecast, by end use industry

7.3.9.Italy

7.3.9.1.Market size and forecast, by type
7.3.9.2.Market size and forecast, by process
7.3.9.3.Market size and forecast, by end use industry

7.3.10.Spain

7.3.10.1.Market size and forecast, by type
7.3.10.2.Market size and forecast, by process
7.3.10.3.Market size and forecast, by end use industry

7.3.11.Rest of Europe

7.3.11.1.Market size and forecast, by type
7.3.11.2.Market size and forecast, by process
7.3.11.3.Market size and forecast, by end use industry

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by process
7.4.4.Market size and forecast, by end use industry
7.4.5.Market size and forecast, by country
7.4.6.China

7.4.6.1.Market size and forecast, by type
7.4.6.2.Market size and forecast, by process
7.4.6.3.Market size and forecast, by end use industry

7.4.7.Japan

7.4.7.1.Market size and forecast, by type
7.4.7.2.Market size and forecast, by process
7.4.7.3.Market size and forecast, by end use industry

7.4.8.India

7.4.8.1.Market size and forecast, by type
7.4.8.2.Market size and forecast, by process
7.4.8.3.Market size and forecast, by end use industry

7.4.9.Australia

7.4.9.1.Market size and forecast, by type
7.4.9.2.Market size and forecast, by process
7.4.9.3.Market size and forecast, by end use industry

7.4.10.South Korea

7.4.10.1.Market size and forecast, by type
7.4.10.2.Market size and forecast, by process
7.4.10.3.Market size and forecast, by end use industry

7.4.11.Rest of Asia-Pacific

7.4.11.1.Market size and forecast, by type
7.4.11.2.Market size and forecast, by process
7.4.11.3.Market size and forecast, by end use industry

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by process
7.5.4.Market size and forecast, by end use industry
7.5.5.Market size and forecast, by country
7.5.6.Brazil

7.5.6.1.Market size and forecast, by type
7.5.6.2.Market size and forecast, by process
7.5.6.3.Market size and forecast, by end use industry

7.5.7.Saudi Arabia

7.5.7.1.Market size and forecast, by type
7.5.7.2.Market size and forecast, by process
7.5.7.3.Market size and forecast, by end use industry

7.5.8.South Africa

7.5.8.1.Market size and forecast, by type
7.5.8.2.Market size and forecast, by process
7.5.8.3.Market size and forecast, by end use industry

7.5.9.Rest of LAMEA

7.5.9.1.Market size and forecast, by type
7.5.9.2.Market size and forecast, by process
7.5.9.3.Market size and forecast, by end use industry

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.Market player positioning, 2019

8.2.Product mapping of Industry participants
8.3.Key developments

8.3.1.New product launches
8.3.2.Acquistion

CHAPTER 9:COMPANY PROFILES

9.1.Arsonsisi s.p.a.

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Product portfolio

9.2.Axalta Coating Systems Ltd.

9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio
9.2.5.R&D Expenditure
9.2.6.Business performance
9.2.7.Key strategic moves and developments

9.3.Akzonobel NV

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Operating business segments
9.3.4.Product portfolio
9.3.5.R&D Expenditure
9.3.6.Business performance
9.3.7.Key strategic moves and developments

9.4.BASF SE

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Operating business segments
9.4.4.Product portfolio
9.4.5.R&D Expenditure
9.4.6.Business performance

9.5.COVESTRO AG

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product portfolio
9.5.5.Business performance

9.6.The Sherwin-Williams Company

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Operating business segments
9.6.4.Product portfolio
9.6.5.Business performance

9.7.PPG Industries, Inc.

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Operating business segments
9.7.4.Product portfolio
9.7.5.R&D Expenditure
9.7.6.Business performance
9.7.7.Key strategic moves and developments

9.8.Keyland Polymer.

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Product portfolio

9.9.Kansai Paint Co.,Ltd.

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Product portfolio
9.9.4.Business performance

9.10.WACKER CHEMIE AG

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Product portfolio
9.10.5.Business performance

LIST OF TABLES

TABLE 01.GLOBAL PLASTIC COATINGS MARKET, BY TYPE, 2019–2027($MILLION)
TABLE 02.PLASTIC COATINGS MARKET, FOR POLYURETHANE, BY REGION, 2019-2027 ($MILLION)
TABLE 03.PLASTIC COATINGS MARKET, FOR ACRYLIC, BY REGION, 2019-2027 ($MILLION)
TABLE 04.PLASTIC COATINGS MARKET, FOR EPOXY, BY REGION, 2019-2027 ($MILLION)
TABLE 05.PLASTIC COATINGS MARKET, FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 06.GLOBAL PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027($MILLION)
TABLE 07.PLASTIC COATINGS MARKET, BY DIP COATING, BY REGION, 2019-2027 ($MILLION)
TABLE 08.PLASTIC COATINGS MARKET, BY SPRAY COATING, BY REGION, 2019-2027 ($MILLION)
TABLE 09.PLASTIC COATINGS MARKET, BY POWDER COATING, BY REGION, 2019-2027 ($MILLION)
TABLE 10.PLASTIC COATINGS MARKET, BY ELECTROPHORETIC PAINTING, BY REGION, 2019-2027 ($MILLION)
TABLE 11.PLASTIC COATINGS MARKET, BY OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 12.GLOBAL PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027($MILLION)
TABLE 13.PLASTIC COATINGS MARKET, FOR AUTOMOTIVE, BY REGION, 2019-2027 ($MILLION)
TABLE 14.PLASTIC COATINGS MARKET, FOR AEROSPACE AND DEFENSE, BY REGION, 2019-2027 ($MILLION)
TABLE 15.PLASTIC COATINGS MARKET, FOR BUILDING AND CONSTRUCTION, BY REGION, 2019-2027 ($MILLION)
TABLE 16.PLASTIC COATINGS MARKET, FOR MEDICAL, BY REGION, 2019-2027 ($MILLION)
TABLE 17.PLASTIC COATINGS MARKET, FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 18.PLASTIC COATINGS MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 19.NORTH AMERICA PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 20.NORTH AMERICA PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 21.NORTH AMERICA PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 22.NORTH AMERICA PLASTIC COATINGS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 23.U.S. PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 24.U.S. PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 25.U.S. PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 26.CANADA PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 27.CANADA PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 28.CANADA PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 29.MEXICO PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 30.MEXICO PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 31.MEXICO PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 32.EUROPE PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 33.EUROPE PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 34.EUROPE PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 35.EUROPE PLASTIC COATINGS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 36.GERMANY PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 37.GERMANY PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 38.GERMANY PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 39.FRANCE PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 40.FRANCE PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 41.FRANCE PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 42.UK PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 43.UK PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 44.UK PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 45.ITALY PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 46.ITALY PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 47.ITALY PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 48.SPAIN PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 49.SPAIN PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 50.SPAIN PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 51.REST OF EUROPE PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 52.REST OF EUROPE PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 53.REST OF EUROPE PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 54.ASIA-PACIFIC PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 55.ASIA-PACIFIC PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 56.ASIA-PACIFIC PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 57.ASIA-PACIFIC PLASTIC COATINGS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 58.CHINA PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 59.CHINA PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 60.CHINA PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 61.JAPAN PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 62.JAPAN PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 63.JAPAN PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 64.INDIA PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 65.INDIA PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 66.INDIA PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 67.AUSTRALIA PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 68.AUSTRALIA PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 69.AUSTRALIA PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 70.SOUTH KOREA PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 71.SOUTH KOREA PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 72.SOUTH KOREA PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 73.REST OF ASIA-PACIFIC PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 74.REST OF ASIA-PACIFIC PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 75.REST OF ASIA-PACIFIC PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 76.LAMEA PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 77.LAMEA PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 78.LAMEA PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 79.LAMEA PLASTIC COATINGS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 80.BRAZIL PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 81.BRAZIL PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 82.BRAZIL PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 83.SAUDI ARABIA PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 84.SAUDI ARABIA PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 85.SAUDI ARABIA PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 86.SOUTH AFRICA PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 87.SOUTH AFRICA PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 88.SOUTH AFRICA PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 89.REST OF LAMEA PLASTIC COATINGS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 90.REST OF LAMEA PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
TABLE 91.REST OF LAMEA PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 92.KEY NEW PRODUCT LAUNCHES (2016-2019)
TABLE 93.KEY EXPANSIONS (2016-2019)
TABLE 94.ARSONSISI: COMPANY SNAPSHOT
TABLE 95.ARSONSISI: PRODUCT PORTFOLIO
TABLE 96.AXALTA: COMPANY SNAPSHOT
TABLE 97.AXALTA: OPERATING SEGMENTS
TABLE 98.AXALTA: PRODUCT PORTFOLIO
TABLE 99.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 100.AXALTA : KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101.AKZO NOBEL: COMPANY SNAPSHOT
TABLE 102.AKZONOBEL: OPERATING SEGMENTS
TABLE 103.AKZONOBEL: PRODUCT PORTFOLIO
TABLE 104.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 105.AKZO NOBEL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 106.BASF: COMPANY SNAPSHOT
TABLE 107.BASF: OPERATING SEGMENTS
TABLE 108.BASF: PRODUCT PORTFOLIO
TABLE 109.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 110.COVESTRO: COMPANY SNAPSHOT
TABLE 111.COVESTRO: OPERATING SEGMENTS
TABLE 112.COVESTRO: PRODUCT PORTFOLIO
TABLE 113.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 114.SHERWIN-WILLIAMS: COMPANY SNAPSHOT
TABLE 115.SHERWIN-WILLIAMS: OPERATING SEGMENTS
TABLE 116.SHERWIN-WILLIAMS: PRODUCT PORTFOLIO
TABLE 117.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 118.PPG INDUSTRIES: COMPANY SNAPSHOT
TABLE 119.PPG INDUSTRIES: OPERATING SEGMENTS
TABLE 120.PPG INDUSTRIES: PRODUCT PORTFOLIO
TABLE 121.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 122.PPG INDUSTRIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 123.ARSONSISI: COMPANY SNAPSHOT
TABLE 124.ARSONSISI: PRODUCT PORTFOLIO
TABLE 125.KANSAI PAINT: COMPANY SNAPSHOT
TABLE 126.KANSAI PAINT: PRODUCT PORTFOLIO
TABLE 127.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 128.WACKER: COMPANY SNAPSHOT
TABLE 129.WACKER CHEMIE AG: OPERATING SEGMENTS
TABLE 130.WACKER CHEMIE AG: PRODUCT PORTFOLIO
TABLE 131.OVERALL FINANCIAL STATUS ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENTS
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP INVESTMENT POCKETS, BY COUNTRY
FIGURE 05.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.HIGH BARGAINING POWER OF BUYERS
FIGURE 07.HIGH THREAT OF SUBSTITUTES
FIGURE 08.HIGH THREAT OF NEW ENTRANTS
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.GLOBAL PLASTIC COATINGS MARKET DYNAMICS
FIGURE 11.PLASTIC COATINGS MARKET: VALUE CHAIN
FIGURE 12.PATENT ANALYSIS, BY COUNTRY
FIGURE 13.GLOBAL PLASTIC COATINGS MARKET, BY TYPE, 2019–2027 ($MILLION)
FIGURE 14.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, FOR POLYURETHANE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 15.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, FOR ACRYLIC, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, FOR EPOXY, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, FOR OTHERS,  BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.GLOBAL PLASTIC COATINGS MARKET, BY PROCESS, 2019–2027 ($MILLION)
FIGURE 19.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, BY DIP COATING, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, BY SPRAY COATING, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, BY POWDER COATING, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, BY ELECTROPHORETIC PAINTING, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 23.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, BY OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 24.GLOBAL PLASTIC COATINGS MARKET, BY END USE INDUSTRY, 2019–2027 ($MILLION)
FIGURE 25.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, FOR AUTOMOTIVE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 26.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, FOR AEROSPACE AND DEFENSE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 27.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, FOR BUILDING AND CONSTRUCTION, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 28.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, FOR MEDICAL, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 29.COMPARATIVE ANALYSIS OF PLASTIC COATINGS MARKET, FOR OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 30.U.S. PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.CANADA PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 32.MEXICO PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.GERMANY PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.FRANCE PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.UK PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.ITALY PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.SPAIN PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 38.REST OF EUROPE PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 39.CHINA PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 40.JAPAN PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 41.INDIA PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 42.AUSTRALIA PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 43.SOUTH KOREA PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 44.REST OF ASIA-PACIFIC PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 45.BRAZIL PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 46.SAUDI ARABIA PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 47.SOUTH AFRICA PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 48.REST OF LAMEA PLASTIC COATINGS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 49.MARKET PLAYER POSITIONING, 2019
FIGURE 50.RODUCT MAPPING OF INDUSTRY PARTICIPANTS 
FIGURE 51.R&D EXPENDITURE, 2017 – 2019($MILLION)
FIGURE 52.AXALTA: REVENUE, 2017–2019 ($MILLION)
FIGURE 53.AXALTA: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 54.AXALTA: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 55.R&D EXPENDITURE, 2017 –2019 ($MILLION)
FIGURE 56.AKZO NOBEL: REVENUE, 2017–2019 ($MILLION)
FIGURE 57.AKZO NOBEL: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 58.AKZO NOBEL: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 59.R&D EXPENDITURE, 2017 –2019 ($MILLION)
FIGURE 60.BASF: REVENUE, 2017–2019($MILLION)
FIGURE 61.BASF: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 62.BASF: REVENUE SHARE BY LOCATION OF COMPANY, 2019 (%)
FIGURE 63.BASF: REVENUE SHARE BY LOCATION OF CUSTOMER, 2019 (%)
FIGURE 64.COVESTRO: REVENUE, 2017–2019 ($MILLION)
FIGURE 65.COVESTRO: REVENUE SHARE BY SEGMENT, 20019 (%)
FIGURE 66.COVESTRO: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 67.SHERWIN-WILLIAMS: REVENUE, 2017–2019 ($MILLION)
FIGURE 68.SHERWIN-WILLIAMS: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 69.R&D EXPENDITURE, 2017 –2019 ($MILLION)
FIGURE 70.PPG INDUSTRIES: REVENUE, 2017–2019($MILLION)
FIGURE 71.PPG INDUSTRIES: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 72.PPG INDUSTRIES: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 73.KANSAI PAINT: NET SALES, 2017–2019 ($MILLION)
FIGURE 74.KANSAI PAINT: REVENUE SHARE BY PRODUCTS AND SERVICES, 2019 (%)
FIGURE 75.KANSAI PAINT: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 76.WACKER: NET SALES, 2017–2019 ($MILLION)
FIGURE 77.WACKER: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 78.WACKER: REVENUE SHARE BY REGION, 2019 (%)

 
 

The plastic coatings market is expected to grow in the coming years. This is attributed to the growing automotive, aerospace, and construction industries in developing regions such as LAMEA and Asia-Pacific. Asia-Pacific is one of the fastest-growing construction regions. Moreover, the plastic coatings market in the aerospace industry is driven by increase in demand for coatings from the commercial aviation, military aviation, and general aviation sectors.

However, the outbreak of COVID-19 has majorly impacted numerous industries such as construction and automotive. Therefore, construction activities have been halted, which impacted the raw materials procurement and consequently affected the demand for plastic coating. Furthermore, luxurious vehicle demand is expected to decrease in countries, such as India, which may hinder the automotive industry growth

 
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A. The rising automotive sector in developing region is one of the factors boosting the plastic coatings market growth.

A. Axalta Coatings Systems Ltd., PPG Industries Inc., BASF SE, The Sherwin-Williams Company are some of the top companies in the plastic coatings industry.

A. Construction, aerospace and medical industry is projected to increase the demand for plastic coatings.

A. On the basis of type, epoxy garnered highest share in the plastic coatings market.

A. The rising demand for automotive plastics and aerospace plastics are some of the drivers of plastic coatings market

A. Automotive application is expected to drive the adoption of plastic coatings.

A. The COVID-19 has led to decreasing sales of automobile sector and delay in aerospace projects which impacted the demand for plastic coatings.

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