The global coatings market will exceed $230 billion in 2030, and acrylic resin will become the main growth driver

The latest research report shows that the global coatings market is ushering in a new round of growth. According to the "Paint and Coatings Market Report" released by iSuoChem, by 2030, the global coatings market will climb from $194.5 billion in 2024 to $230 billion, showing a strong development momentum.

Analysis of market drivers:

As the main market for global coatings consumption, the Asia-Pacific region continues to drive the growth of coatings demand with its rapidly developing automotive, packaging, construction, electronics and other industries. It is worth noting that the rise of emerging economies such as China, India, Brazil and Mexico has provided an important driving force for the expansion of the global coatings market.

Market segment highlights:

Acrylic resin: It is expected to become the fastest growing segment and is widely used as a clear coating in the automotive industry, and market demand continues to rise.

Epoxy resin: It occupies the largest share of the industrial paint and coatings market in terms of value, and its excellent performance makes it irreplaceable in many fields.

Advantages of epoxy resin applications:

Widely used in the production of adhesives, plastics, paints and other building materials

Provide insulation protection for ships, spacecraft, etc.

Excellent heat resistance, waterproof and anti-corrosion properties

Can be used as fire retardant coatings and insulation materials

This report comprehensively segments the market by resin type (including acrylic resins, alkyd resins, etc.), technology (waterborne, solvent-based, powder coatings) and end use (construction, industry), providing valuable market insights for industry participants. With the continued growth in demand for high-performance coatings in various industries, the global coatings market will maintain a steady development trend in the next few years.