2K Protective Coatings Market
2K Protective Coatings Market Analysis by Resin Type (Epoxy-based, Polyurethane-based, Alkyd-based, Acrylic-based 2K Protective Coatings), by Application (Abrasion Resistance, Chemical Resistance, Fire Protection, Heat Resistance), by End User & by Region - Global Forecast 2022 to 2032
Analysis of 2K Protective Coatings market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Market Outlook of 2K Protective Coatings
The global market for 2K protective coatings reached a valuation of US$ 8.73 Billion in 2021. The market is poised to experience a Y-o-Y expansion worth 3.1%. In the long-run, the industry is forecast to register a value CAGR of 5%, expected to be valued at US$ 14.66 Billion by the end of the 2022-2032 period of assessment.
| Report Attributes | Details |
|---|---|
| Anticipated Base Year Value (2021) | US$ 8.73 Billion |
| Expected Market Value (2022) | US$ 9 Billion |
| Projected Forecast Value (2032) | US$ 14.66 Billion |
| Global Growth Rate (2022 to 2032) | 5% CAGR |
| Expected Market Growth Rate of the North America Market (2032) | 5.6% CAGR |
| Major 2K Protective Coatings Providers | Lincoln; Middleby Corporation; Italforni USA; Picard Ovens Inc.; Davron Technologies Inc.; Star Manufacturing; Wisconsin Oven Corporation; Zanolli; Ovention, Inc.; Mahan OvAkzo Nobel N.V.; PPG Industries; The Sherwin Williams Company; Jotun A/S; Hempel A/S; Chukogu Marine Paints Ltd.; Nippon Paints Holdings Co. Ltd.; Kansai Paint Co. Ltd.; Sika AG; RPM International Inc.; Axalta Coating Systems, LLC; Dulux Group; BASF SE; Parker Hannifin Corp.; Berger Paints India Ltd.; Tnemec Company, Inc.; Cloverdale Paint Inc.; Teknos Group OY; Benjamin Moore & Co.; Shawcore; Noroo Paint & Coatings Co. Ltd.; Premium Coatings and Chemicals Pvt. Ltd.; Weilburger Coatings GmbH; Guangdong Maydos Building Materials Limited Company; Fosroc, Inc.en & Engineering Co. Inc.; Infratrol LLC; Doyon; Moretti Forni; LEWCO, Inc. |
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2016 to 2021 Revenue Analysis of 2K protective coating vs. Future Outlook 2022 to 2032
From 2022 to 2032, the market for 2K protective coatings is expected to grow at a CAGR of 5%. The primary drivers of market growth are significant growth in the construction industry and rising demand for coating materials to protect buildings and infrastructure from bad weather and acid rain.
An increase in the application scope of such coatings in the marine industry to ensure proper protection of marine projects against harsh environments is expected to boost market growth over the forecast period.
Historically, the market saw significant gains, expanding at a CAGR of more than 4% between 2016 and 2021. The increasing demand for durability, protection from bad weather conditions, and the growing need for stability were the primary drivers of growth. Furthermore, rising demand from the marine industry to protect marine projects from extreme weather conditions has boosted sales of 2K protective coatings in recent years.
Prominent Growth Drivers Influencing 2K Protective Coating Deployment
Increasing demand from the civil construction and infrastructure industries
In the civil construction industry, 2K protective coatings are used for wood finishes, flooring, interior and exterior walls, bridges, swimming pools, doors, and ceilings. 2K protective coatings form a thin layer on the surfaces to which they are applied and are used to increase the structure's longevity and stability.
Bridges, highways, and infrastructure projects require long-term stability as well as the ability to withstand harsh weather conditions such as acid rain. Structure degradation causes rusting of metal surfaces, fading, cracking of the concrete, leaks, and the growth of microorganisms such as algae and fungi. These can have an immediate or indirect impact on the life of a building and raise the cost of replacement and maintenance.
Waterproofing coatings are typically applied to the walls and floors of bathrooms, kitchens, hotels, and swimming pools to prevent leaks and moisture deterioration. In the Asia-Pacific region, the infrastructure and construction industries are expanding rapidly. APAC is one of the world's largest and fastest-growing infrastructure and construction markets.
Increasing demand from the Marine industries driving the market growth
Aside from these benefits, 2K protective coating is extremely beneficial for marine projects, as the marine industry is one of the fastest-growing industries in the world. In the marine industry, 2K protective coating is used to protect marine projects from harsh environments such as saltwater, temperature, water pressure, and organic formulations.
Between 2022 and 2032, the marine industry will be the largest in terms of both volume and value for the use of 2K protective coatings. 2K protective coatings used in the marine industry are specially formulated to withstand extreme conditions such as saltwater, temperature, pressure, and organic formation.
Emerging markets such as China, India, and South Korea, as well as other countries (including Taiwan, Indonesia, and Thailand), are the major growth drivers of the APAC market. International is the market leader, primarily in marine.
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Factors likely to Impede Market Growth of 2K Protective Coatings
High Raw Material and Energy Prices are limiting market growth
2K protective coatings are very expensive, and their manufacturing costs are rising in tandem with the rise in energy prices. Raw material prices have risen as a result of fluctuating crude oil prices and changing foreign currency fluctuations. The cost of raw materials for 2K protective coatings varies greatly.
Acrylics are the least expensive of the materials. Epoxies are the most expensive protective coatings. In addition to raw material prices, manufacturers are burdened with additional costs incurred as a result of increased energy taxes, resulting in higher operating costs and lower profit margins.
Country-wise Analysis
How will the 2K protective coating Industry Grow in North America?
North America has traditionally been the most important market for 2K protective coatings. In 2020, the region was responsible for approximately 31% of the global market share of 2K protective coatings. In the forecasted period (2022 to 2032), the region is expected to offer more than US$ 1.3 Billion worth of absolute dollar opportunity.
The region's highly developed construction industry is the primary reason for its high market share. The North American construction industry is also one of the most prosperous in the world, employing over 12 Million people. The growing demand for residential and luxury building construction in North America has increased the demand for 2K protective coatings.
North America, including the United States and Canada, has seen an increase in residential, commercial, and infrastructure construction in recent years, which has resulted in increased sales of paints and coatings, providing a boost to the North America paints and coatings market.
How Will Asia-Pacific Provide Growth Opportunities for 2K protective coating Providers?
APAC has emerged as a leading producer and consumer of 2K protective coatings. Because of the low cost of labor and the cheap availability of land, APAC is a hub of foreign investment and thriving industrial sectors. The growing industrial, infrastructure & construction, and marine industries are driving up demand for 2K protective coatings.
APAC's power industry is expanding, which will likely drive the market for 2K protective coatings. India generates the majority of its power from coal and intends to increase solar energy generation with newer solar projects. These factors all contribute to APAC's growing demand for 2K protective coatings.
The coronavirus began to spread in China in early January 2020. Within a short period of time, the spread of the virus to other Asian countries such as Japan, South Korea, and Thailand resulted in a pandemic situation with numerous positive cases and deaths. This situation prompted national governments across APAC to declare lockdowns, resulting in a reduction in traffic, construction, and mining activity.
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Category-Wise Insights
Epoxy Resin is the Most Preferred in 2K Protective Coating
The market for resin-based 2K protective coatings is divided into five segments: epoxy resin, polyurethane resin, alkyd resin, acrylic resin, and others. With a global market share of around 38%, epoxy resin contributes the most in the resin type segment of the 2K protective market.
The demand for epoxy resin in 2K protective coating stems from the fact that the properties offered by epoxy resin can be enhanced through the customization process by adding additives and modifiers to meet the required specification.
In the forecast period (2022–2032), the epoxy resin in the 2K protective market is expected to grow even more. The epoxy resin market is expected to grow at a CAGR of around 5.4%, while alkyd resin is expected to grow at a CAGR of 5.9%.
Civil Building and Infrastructure segment to grow with the highest CAGR
End-user segments in the global 2K protective coatings market include Petrochemical, Marine, Power Generation, Water, and Waste Treatment, Civil Building and Infrastructure, Food and Beverage Plants, and Others.
The civil building and Infrastructure segment is expected to grow at the fastest rate during the forecast period. They are widely used for walls and floor coatings on civil and commercial infrastructure due to their longevity, aesthetic performance, and resistance to corrosion, abrasion, high temperatures, and fire.
Furthermore, the increasing use of 2K coatings as high-performance architectural coatings (HiPAC) in a variety of applications, including offices, showrooms, warehouses, supermarkets, schools, industrial workshops, and others, is fueling the market growth.
Competitive Landscape
The majority of the companies discussed in the report are investing to expand their business and launch new product lines in the 2K protective coating market, as well as conducting continuous research and development. Among the significant developments are:
- AkzoNobel announced a partnership with Players in 2021. AkzoNobel's collaboration with Player will open up new possibilities in its industrial coating product line.
- Akzo Nobel N.V. acquired 100 percent of Industrias Titan S.A.U. (Titan Paints) in 2021 to expand its paints business, and it will assist Akzo Novel in expanding its business in Spain.
- Akzo Nobel invested US$ 23 million to increase the powder coatings capacity of their Como, Italy, plant by October 2020. This move will help them strengthen their position in the global 2K protective coatings market while also facilitating green manufacturing. PPG Industries launched PPG Aquacover, a waterborne coating system for shipping containers, in China in November 2020.
Key Segments Covered in the 2K Protective Coatings Industry Report
-
By Resin Type :
- Epoxy-based
- Polyurethane-based
- Alkyd-based
- Acrylic-based
- Other
-
By End User :
- Oil & Gas Exploration
- Petrochemicals
- Marine Applications
- Cargo Containers
- Power Generation
- Water Treatment
- Building And Infrastructure
- Food and Beverage Production Units
- Other End Use Applications
-
by Application :
- Abrasion Resistance
- Chemical Resistance
- Fire Protection
- Heat Resistance
- Corrosion Protection
- Pipe Coatings
- Tank Linings
-
By Region :
- North America
- Europe
- Latin America
- East Asia
- South Asia
- Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2016 to 2021 and Forecast, 2022 to 2032
- 7. Global Market Value Analysis 2016 to 2021 and Forecast, 2022 to 2032
- 8. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Resin Type
- 8.1. Epoxy
- 8.2. Polyurethane
- 8.3. Alkyd
- 8.4. Acrylic
- 8.5. Others
- 9. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By End Use
- 9.1. Oil & Gas Exploration
- 9.2. Petrochemical
- 9.3. Marine
- 9.4. Cargo Containers
- 9.5. Power Generation
- 9.6. Water Treatment
- 9.7. Building and Infrastructure
- 9.8. Food and Beverage Production Units
- 9.9. Others
- 10. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Application
- 10.1. Abrasion Resistance
- 10.2. Chemical Resistance
- 10.3. Fire Protection
- 10.4. Heat Resistance
- 10.5. Corrosion Protection
- 10.6. Pipe Coatings
- 10.7. Tank Linings
- 11. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2016 to 2021 and Forecast 2022 to 2032
- 13. Latin America Market Analysis 2016 to 2021 and Forecast 2022 to 2032
- 14. Europe Market Analysis 2016 to 2021 and Forecast 2022 to 2032
- 15. East Asia Market Analysis 2016 to 2021 and Forecast 2022 to 2032
- 16. South Asia Market Analysis 2016 to 2021 and Forecast 2022 to 2032
- 17. Oceania Market Analysis 2016 to 2021 and Forecast 2022 to 2032
- 18. Middle East and Africa Market Analysis 2016 to 2021 and Forecast 2022 to 2032
- 19. Key Countries Market Analysis 2016 to 2021 and Forecast 2022 to 2032
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Akzonobel N.V.
- 21.2. PPG Industries
- 21.3. The Sherwin Williams Company
- 21.4. Jotun A/S
- 21.5. Hempel A/S
- 21.6. Chukogu Marine Paints Ltd.
- 21.7. Nippon Paints Holdings Co. Ltd.
- 21.8. Kansai Paint Co. Ltd.
- 21.9. Sika AG
- 21.10. RPM International Inc.
- 21.11. Axalta Coating Systems, LLC
- 21.12. Dulux Group
- 21.13. BASF SE
- 21.14. Parker Hannifin Corp.
- 21.15. Berger Paints India Ltd.
- 21.16. Tnemec Company, Inc.
- 21.17. Cloverdale Paint Inc.
- 21.18. Teknos Group OY
- 21.19. Benjamin Moore & Co.
- 21.20. Shawcore
- 21.21. Noroo Paint & Coatings Co. Ltd.
- 21.22. Premium Coatings and Chemicals Pvt. Ltd.
- 21.23. Weilburger Coatings GmbH
- 21.24. Guangdong Maydos Building Materials Limited Company
- 21.25. Fosroc, Inc.
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 1: Global Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2016 to 2021
Table 2: Global Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2022 to 2032
Table 3: Global Market Volume (Tons) and Value (US$ Mn), By Application, 2016 to 2021
Table 4: Global Market Volume (Tons) and Value (US$ Mn), By Application, 2022 to 2032
Table 5: Global Market Volume (Tons) and Value (US$ Mn), By End Use, 2016 to 2021
Table 6: Global Market Volume (Tons) and Value (US$ Mn), By End Use, 2022 to 2032
Table 7: Global Market, By Region, 2016 to 2021
Table 8: Global Market, By Region, 2022 to 2032
Table 9: North America Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2016 to 2021
Table 10: North America Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2022 to 2032
Table 11: North America Market Volume (Tons) and Value (US$ Mn), By Application, 2016 to 2021
Table 12: North America Market Volume (Tons) and Value (US$ Mn), By Application, 2022 to 2032
Table 13: North America Market Volume (Tons) and Value (US$ Mn), By End Use, 2016 to 2021
Table 14: North America Market Volume (Tons) and Value (US$ Mn), By End Use, 2022 to 2032
Table 15: North America Market, By Country, 2016 to 2021
Table 16: North America Market, By Country, 2022 to 2032
Table 17: Latin America Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2016 to 2021
Table 18: Latin America Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2022 to 2032
Table 19: Latin America Market Volume (Tons) and Value (US$ Mn), By Application, 2016 to 2021
Table 20: Latin America Market Volume (Tons) and Value (US$ Mn), By Application, 2022 to 2032
Table 21: Latin America Market Volume (Tons) and Value (US$ Mn), By End Use, 2016 to 2021
Table 22: Latin America Market Volume (Tons) and Value (US$ Mn), By End Use, 2022 to 2032
Table 23: Latin America Market, By Country, 2016 to 2021
Table 24: Latin America Market, By Country, 2022 to 2032
Table 25: Europe Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2016 to 2021
Table 26: Europe Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2022 to 2032
Table 27: Europe Market Volume (Tons) and Value (US$ Mn), By Application, 2016 to 2021
Table 28: Europe Market Volume (Tons) and Value (US$ Mn), By Application, 2022 to 2032
Table 29: Europe Market Volume (Tons) and Value (US$ Mn), By End Use, 2016 to 2021
Table 30: Europe Market Volume (Tons) and Value (US$ Mn), By End Use, 2022 to 2032
Table 31: Europe Market, By Country, 2016 to 2021
Table 32: Europe Market, By Country, 2022 to 2032
Table 33: East Asia Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2016 to 2021
Table 34: East Asia Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2022 to 2032
Table 35: East Asia Market Volume (Tons) and Value (US$ Mn), By Application, 2016 to 2021
Table 36: East Asia Market Volume (Tons) and Value (US$ Mn), By Application, 2022 to 2032
Table 37: East Asia Market Volume (Tons) and Value (US$ Mn), By End Use, 2016 to 2021
Table 38: East Asia Market Volume (Tons) and Value (US$ Mn), By End Use, 2022 to 2032
Table 39: East Asia Market, By Country, 2016 to 2021
Table 40: East Asia Market, By Country, 2022 to 2032
Table 41: South Asia Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2016 to 2021
Table 42: South Asia Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2022 to 2032
Table 43: South Asia Market Volume (Tons) and Value (US$ Mn), By Application, 2016 to 2021
Table 44: South Asia Market Volume (Tons) and Value (US$ Mn), By Application, 2022 to 2032
Table 45: South Asia Market Volume (Tons) and Value (US$ Mn), By End Use, 2016 to 2021
Table 46: South Asia Market Volume (Tons) and Value (US$ Mn), By End Use, 2022 to 2032
Table 47: South Asia Market, By Country, 2016 to 2021
Table 48: South Asia Market, By Country, 2022 to 2032
Table 49: Oceania Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2016 to 2021
Table 50: Oceania Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2022 to 2032
Table 51: Oceania Market Volume (Tons) and Value (US$ Mn), By Application, 2016 to 2021
Table 52: Oceania Market Volume (Tons) and Value (US$ Mn), By Application, 2022 to 2032
Table 53: Oceania Market Volume (Tons) and Value (US$ Mn), By End Use, 2016 to 2021
Table 54: Oceania Market Volume (Tons) and Value (US$ Mn), By End Use, 2022 to 2032
Table 55: Oceania Market, By Country, 2016 to 2021
Table 56: Oceania Market, By Country, 2022 to 2032
Table 57: MEA Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2016 to 2021
Table 58: MEA Market Volume (Tons) and Value (US$ Mn), By Resin Type, 2022 to 2032
Table 59: MEA Market Volume (Tons) and Value (US$ Mn), By Application, 2016 to 2021
Table 60: MEA Market Volume (Tons) and Value (US$ Mn), By Application, 2022 to 2032
Table 61: MEA Market Volume (Tons) and Value (US$ Mn), By End Use, 2016 to 2021
Table 62: MEA Market Volume (Tons) and Value (US$ Mn), By End Use, 2022 to 2032
Table 63: MEA Market, By Country, 2016 to 2021
Table 64: MEA Market, By Country, 2022 to 2032
Table 65: Global Market Incremental $ Opportunity, By Resin Type, 2016 to 2021
Table 66: Global Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 67: Global Market Incremental $ Opportunity, By End Use, 2016 to 2021
Table 68: Global Market Incremental $ Opportunity, by Region, 2022 to 2032
Table 69: North America Market Incremental $ Opportunity, By Resin Type, 2016 to 2021
Table 70: North America Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 71: North America Market Incremental $ Opportunity, By End Use, 2016 to 2021
Table 72: North America Market Incremental $ Opportunity, by Country, 2022 to 2032
Table 73: Latin America Market Incremental $ Opportunity, By Resin Type, 2016 to 2021
Table 74: Latin America Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 75: Latin America Market Incremental $ Opportunity, By End Use, 2016 to 2021
Table 76: Latin America Market Incremental $ Opportunity, by Country, 2022 to 2032
Table 77: Europe Market Incremental $ Opportunity, By Resin Type, 2016 to 2021
Table 78: Europe Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 79: Europe Market Incremental $ Opportunity, By End Use, 2016 to 2021
Table 80: Europe Market Incremental $ Opportunity, by Country, 2022 to 2032
Table 81: East Asia Market Incremental $ Opportunity, By Resin Type, 2016 to 2021
Table 82: East Asia Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 83: East Asia Market Incremental $ Opportunity, By End Use, 2016 to 2021
Table 84: East Asia Market Incremental $ Opportunity, by Country, 2022 to 2032
Table 85: South Asia Market Incremental $ Opportunity, By Resin Type, 2016 to 2021
Table 86: South Asia Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 87: South Asia Market Incremental $ Opportunity, By End Use, 2016 to 2021
Table 88: South Asia Market Incremental $ Opportunity, by Country, 2022 to 2032
Table 89: Oceania Market Incremental $ Opportunity, By Resin Type, 2016 to 2021
Table 90: Oceania Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 91: Oceania Market Incremental $ Opportunity, By End Use, 2016 to 2021
Table 92: Oceania Market Incremental $ Opportunity, by Country, 2022 to 2032
Table 93: MEA Market Incremental $ Opportunity, By Resin Type, 2016 to 2021
Table 94: MEA Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 95: MEA Market Incremental $ Opportunity, By End Use, 2016 to 2021
Table 96: MEA Market Incremental $ Opportunity, by Country, 2022 to 2032
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List Of Figures
Figure 1: Global Market Value (US$ Bn) and Year-on-Year Growth, 2016 to 2032
Figure 2: Global Market Absolute $ Historical Gain (2016 to 2021) and Opportunity (2022 to 2032), US$ Mn
Figure 3: Global Market Share, By Resin Type, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Projections, Buyer Type – 2022 to 2032
Figure 5: Global Market Attractiveness Index, Buyer Type – 2022 to 2032
Figure 6: Global Market Share, By Application, 2022 & 2032
Figure 7: Global Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 8: Global Market Attractiveness Index, By Application – 2022 to 2032
Figure 9: Global Market Share, By End Use, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 11: Global Market Attractiveness Index, By End Use – 2022 to 2032
Figure 12: Global Market Share, By End Use, 2022 & 2032
Figure 13: Global Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 14: Global Market Attractiveness Index, By End Use – 2022 to 2032
Figure 15: Global Market Share, by Region, 2022 & 2032
Figure 16: Global Market Y-o-Y Growth Projections, by Region – 2022 to 2032
Figure 17: Global Market Attractiveness Index, by Region – 2022 to 2032
Figure 18: North America Market Value (US$ Bn) and Year-on-Year Growth, 2016 to 2032
Figure 19: North America Market Absolute $ Opportunity Historical (2016 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 20: North America Market Share, Buyer Type, 2022 & 2032
Figure 21: North America Market Y-o-Y Growth Projections, Buyer Type – 2022 to 2032
Figure 22: North America Market Attractiveness Index, Buyer Type – 2022 to 2032
Figure 23: North America Market Share, By Application, 2022 & 2032
Figure 24: North America Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 25: North America Market Attractiveness Index, By Application – 2022 to 2032
Figure 26: North America Market Share, By End Use, 2022 & 2032
Figure 27: North America Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 28: North America Market Attractiveness Index, By End Use – 2022 to 2032
Figure 29: North America Market Share, By End Use, 2022 & 2032
Figure 30: North America Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 31: North America Market Attractiveness Index, By End Use – 2022 to 2032
Figure 32: North America Market Share, by Country, 2022 & 2032
Figure 33: North America Market Y-o-Y Growth Projections, by Country – 2022 to 2032
Figure 34: North America Market Attractiveness Index, by Country – 2022 to 2032
Figure 35: Latin America Market Value (US$ Mn) and Year-on-Year Growth, 2016 to 2032
Figure 36: Latin America Market Absolute $ Opportunity Historical (2016 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 37: Latin America Market Share, Buyer Type, 2022 & 2032
Figure 38: Latin America Market Y-o-Y Growth Projections, Buyer Type – 2022 to 2032
Figure 39: Latin America Market Attractiveness Index, Buyer Type – 2022 to 2032
Figure 40: Latin America Market Share, By Application, 2022 & 2032
Figure 41: Latin America Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 42: Latin America Market Attractiveness Index, By Application – 2022 to 2032
Figure 43: Latin America Market Share, By End Use, 2022 & 2032
Figure 44: Latin America Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 45: Latin America Market Attractiveness Index, By End Use – 2022 to 2032
Figure 46: Latin America Market Share, By End Use, 2022 & 2032
Figure 47: Latin America Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 48: Latin America Market Attractiveness Index, By End Use – 2022 to 2032
Figure 49: Latin America Market Share, by Country, 2022 & 2032
Figure 51: Latin America Market Y-o-Y Growth Projections, by Country – 2022 to 2032
Figure 52: Latin America Market Attractiveness Index, by Country – 2022 to 2032
Figure 53: Europe Market Value (US$ Mn) and Year-on-Year Growth, 2016 to 2032
Figure 54: Europe Market Absolute $ Opportunity Historical (2016 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 55: Europe Market Share, Buyer Type, 2022 & 2032
Figure 56: Europe Market Y-o-Y Growth Projections, Buyer Type – 2022 to 2032
Figure 57: Europe Market Attractiveness Index, Buyer Type – 2022 to 2032
Figure 58: Europe Market Share, By Application, 2022 & 2032
Figure 59: Europe Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 60: Europe Market Attractiveness Index, By Application – 2022 to 2032
Figure 61: Europe Market Share, By End Use, 2022 & 2032
Figure 62: Europe Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 63: Europe Market Attractiveness Index, By End Use – 2022 to 2032
Figure 64: Europe Market Share, By End Use, 2022 & 2032
Figure 65: Europe Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 66: Europe Market Attractiveness Index, By End Use – 2022 to 2032
Figure 67: Europe Market Share, by Country, 2022 & 2032
Figure 68: Europe Market Y-o-Y Growth Projections, by Country – 2022 to 2032
Figure 69: Europe Market Attractiveness Index, by Country – 2022 to 2032
Figure 71: MEA Market Value (US$ Mn) and Year-on-Year Growth, 2016 to 2032
Figure 72: MEA Market Absolute $ Opportunity Historical (2016 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 73: MEA Market Share, Buyer Type, 2022 & 2032
Figure 74: MEA Market Y-o-Y Growth Projections, Buyer Type – 2022 to 2032
Figure 75: MEA Market Attractiveness Index, Buyer Type – 2022 to 2032
Figure 76: MEA Market Share, By Application, 2022 & 2032
Figure 77: MEA Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 78: MEA Market Attractiveness Index, By Application – 2022 to 2032
Figure 79: MEA Market Share, By End Use, 2022 & 2032
Figure 80: MEA Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 81: MEA Market Attractiveness Index, By End Use – 2022 to 2032
Figure 82: MEA Market Share, By End Use, 2022 & 2032
Figure 83: MEA Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 84: MEA Market Attractiveness Index, By End Use – 2022 to 2032
Figure 85: MEA Market Share, by Country, 2022 & 2032
Figure 86: MEA Market Y-o-Y Growth Projections, by Country – 2022 to 2032
Figure 87: MEA Market Attractiveness Index, by Country – 2022 to 2032
Figure 88: East Asia Market Value (US$ Mn) and Year-on-Year Growth, 2016 to 2032
Figure 89: East Asia Market Absolute $ Opportunity Historical (2016 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 90: East Asia Market Share, Buyer Type, 2022 & 2032
Figure 91: East Asia Market Y-o-Y Growth Projections, Buyer Type – 2022 to 2032
Figure 92: East Asia Market Attractiveness Index, Buyer Type – 2022 to 2032
Figure 93: East Asia Market Share, By Application, 2022 & 2032
Figure 94: East Asia Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 95: East Asia Market Attractiveness Index, By Application – 2022 to 2032
Figure 96: East Asia Market Share, By End Use, 2022 & 2032
Figure 97: East Asia Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 98: East Asia Market Attractiveness Index, By End Use – 2022 to 2032
Figure 99: East Asia Market Share, By End Use, 2022 & 2032
Figure 100: East Asia Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 101: East Asia Market Attractiveness Index, By End Use – 2022 to 2032
Figure 102: East Asia Market Share, by Country, 2022 & 2032
Figure 103: East Asia Market Y-o-Y Growth Projections, by Country – 2022 to 2032
Figure 104: East Asia Market Attractiveness Index, by Country – 2022 to 2032
Figure 105: South Asia Market Value (US$ Mn) and Year-on-Year Growth, 2016 to 2032
Figure 106: South Asia Market Absolute $ Opportunity Historical (2016 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 107: South Asia Market Share, Buyer Type, 2022 & 2032
Figure 108: South Asia Market Y-o-Y Growth Projections, Buyer Type – 2022 to 2032
Figure 109: South Asia Market Attractiveness Index, Buyer Type – 2022 to 2032
Figure 110: South Asia Market Share, By Application, 2022 & 2032
Figure 111: South Asia Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 112: South Asia Market Attractiveness Index, By Application – 2022 to 2032
Figure 113: South Asia Market Share, By End Use, 2022 & 2032
Figure 114: South Asia Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 115: South Asia Market Attractiveness Index, By End Use – 2022 to 2032
Figure 116: South Asia Market Share, By End Use, 2022 & 2032
Figure 117: South Asia Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 118: South Asia Market Attractiveness Index, By End Use – 2022 to 2032
Figure 119: South Asia Market Share, by Country, 2022 & 2032
Figure 120: South Asia Market Y-o-Y Growth Projections, by Country – 2022 to 2032
Figure 121: South Asia Market Attractiveness Index, by Country – 2022 to 2032
Figure 122: Oceania Market Value (US$ Mn) and Year-on-Year Growth, 2016 to 2032
Figure 123: Oceania Market Absolute $ Opportunity Historical (2016 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 124: Oceania Market Share, Buyer Type, 2022 & 2032
Figure 125: Oceania Market Y-o-Y Growth Projections, Buyer Type – 2022 to 2032
Figure 126: Oceania Market Attractiveness Index, Buyer Type – 2022 to 2032
Figure 127: Oceania Market Share, By Application, 2022 & 2032
Figure 128: Oceania Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 129: Oceania Market Attractiveness Index, By Application – 2022 to 2032
Figure 130: Oceania Market Share, By End Use, 2022 & 2032
Figure 131: Oceania Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 132: Oceania Market Attractiveness Index, By End Use – 2022 to 2032
Figure 133: Oceania Market Share, By End Use, 2022 & 2032
Figure 134: Oceania Market Y-o-Y Growth Projections, By End Use – 2022 to 2032
Figure 135: Oceania Market Attractiveness Index, By End Use – 2022 to 2032
Figure 136: Oceania Market Share, by Country, 2022 & 2032
Figure 137: Oceania Market Y-o-Y Growth Projections, by Country – 2022 to 2032
Figure 138: Oceania Market Attractiveness Index, by Country – 2022 to 2032
Figure 139: US Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 140: US Market Share, Buyer Type, 2022
Figure 141: US Market Share, By Application, 2022
Figure 142: US Market Share, By End Use, 2022
Figure 143: Canada Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 144: Canada Market Share, Buyer Type, 2022
Figure 145: Canada Market Share, By Application, 2022
Figure 146: Canada Market Share, By End Use, 2022
Figure 147: Brazil Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 148: Brazil Market Share, Buyer Type, 2022
Figure 149: Brazil Market Share, By Application, 2022
Figure 150: Brazil Market Share, By End Use, 2022
Figure 151: Mexico Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 152: Mexico Market Share, Buyer Type, 2022
Figure 153: Mexico Market Share, By Application, 2022
Figure 154: Mexico Market Share, By End Use, 2022
Figure 155: Germany Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 156: Germany Market Share, Buyer Type, 2022
Figure 157: Germany Market Share, By Application, 2022
Figure 158: Germany Market Share, By End Use, 2022
Figure 159: U.K. Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 160: U.K. Market Share, Buyer Type, 2022
Figure 161: U.K. Market Share, By Application, 2022
Figure 162: U.K. Market Share, By End Use, 2022
Figure 163: France Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 164: France Market Share, Buyer Type, 2022
Figure 165: France Market Share, By Application, 2022
Figure 166: France Market Share, By End Use, 2022
Figure 167: Italy Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 168: Italy Market Share, Buyer Type, 2022
Figure 169: Italy Market Share, By Application, 2022
Figure 170: Italy Market Share, By End Use, 2022
Figure 171: BENELUX Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 172: BENELUX Market Share, Buyer Type, 2022
Figure 173: BENELUX Market Share, By Application, 2022
Figure 174: BENELUX Market Share, By End Use, 2022
Figure 175: China Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 176: China Market Share, Buyer Type, 2022
Figure 177: China Market Share, By Application, 2022
Figure 178: China Market Share, By End Use, 2022
Figure 179: Japan Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 180: Japan Market Share, Buyer Type, 2022
Figure 181: Japan Market Share, By Application, 2022
Figure 182: Japan Market Share, By End Use, 2022
Figure 183: South Korea Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 184: South Korea Market Share, Buyer Type, 2022
Figure 185: South Korea Market Share, By Application, 2022
Figure 186: South Korea Market Share, By End Use, 2022
Figure 187: India Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 188: India Market Share, Buyer Type, 2022
Figure 189: India Market Share, By Application, 2022
Figure 190: India Market Share, By End Use, 2022
Figure 191: Indonesia Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 192: Indonesia Market Share, Buyer Type, 2022
Figure 193: Indonesia Market Share, By Application, 2022
Figure 194: Indonesia Market Share, By End Use, 2022
Figure 195: Singapore Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 196: Singapore Market Share, Buyer Type, 2022
Figure 197: Singapore Market Share, By Application, 2022
Figure 198: Singapore Market Share, By End Use, 2022
Figure 199: Australia Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 200: Australia Market Share, Buyer Type, 2022
Figure 201: Australia Market Share, By Application, 2022
Figure 202: Australia Market Share, By End Use, 2022
Figure 203: New Zealand Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 204: New Zealand Market Share, Buyer Type, 2022
Figure 205: New Zealand Market Share, By Application, 2022
Figure 206: New Zealand Market Share, By End Use, 2022
Figure 207: GCC Countries Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 208: GCC Countries Market Share, Buyer Type, 2022
Figure 209: GCC Countries Market Share, By Application, 2022
Figure 210: GCC Countries Market Share, By End Use, 2022
Figure 211: South Africa Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 212: South Africa Market Share, Buyer Type, 2022
Figure 213: South Africa Market Share, By Application, 2022
Figure 214: South Africa Market Share, By End Use, 2022
Figure 215: Turkey Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 216: Turkey Market Share, Buyer Type, 2022
Figure 217: Turkey Market Share, By Application, 2022
Figure 218: Turkey Market Share, By End Use, 2022
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- FAQs -
At what value is the 2K protective coatings industry likely to close by 2022?
Fact.MR foresees 2K protective coatings demand to reach US$ 9 Billion in 2022
What is the expected market value for 2K protective coatings in 2032?
In 2032, 2K protective coatings market worth is poised to reach USD 14.66 Billion.
What was the documented value CAGR for the market from 2016 to 2021?
From 2016-2021, the 2K protective coatings market surged at a 4% CAGR
At what percentage will the market for 2K protective coatings rise until 2032?
From 2022-2032, Fact.MR expects 2K protective coatings revenue to flourish at a 5% CAGR
What was the market worth for 2K protective coatings in 2021?
As of 2021, the 2K protective coatings market was worth US$ 8.73 Billion
2K Protective Coatings Market