Liquid Coating Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


Liquid Coating  Market
  • To Be Published : Apr-2020 |
  • Status : Work in progress |
  • Format : Liquid Coating  Market Liquid Coating  Market Liquid Coating  Market Liquid Coating  Market

Liquid Coatings Market: Introduction

 Liquid coatings, also referred to as wet coatings, are majorly used where powder coatings are not applicable to provide finishing to products as well as assembled components and parts. Liquid coatings also provide noise control, corrosion and chemical resistance, wear resistance and non-stick, abrasion resistance. Liquid coatings have material efficiency of around 35%. They give a decorative look to the surface on which they are applied and protect the surface from rust and damage, such as scratches, etc. Liquid Coatings are generally applied using a spray equipment to create a uniform thickness of the paint layer. 

Liquid Coatings Market: Market Dynamics

Liquid coatings can be applied on very thin layers and on any substrate, such as plastic, wood, etc. These coatings provide a smooth surface finish. Liquid coatings are widely used in areas where high temperatures are a commonality. Equipment used for applying liquid coatings are cheaper than powder coating equipment. The aforementioned properties of liquid coatings are expected to make the market grow at a substantial rate during the forecast period.

The growth in construction activities and electronic industry in Asia Pacific, especially in China, is estimated to fuel the demand for Liquid coatings during the forecast period. This, coupled with increasing investments by the government of China, India etc. on military equipment will further add to the growth in consumption of liquid coatings during the forecast period.

However, in comparison to powder coatings, liquid coating have some disadvantages, such as they are less durable, ecofriendly, take more time to get cured, etc. These factors are expected to act as restraints for the growth of the liquid coating market during the forecast period. In comparison to powder coatings, all liquid coatings contain solvents including 100% solids liquid coatings. That apart, liquid coating can prove to be hazardous for the spray operator, inferior and multiple coats must be applied to achieve the required firm thickness. Some liquid coatings also contain VOCs of (Theoretical) ASTM D 3960, i.e. 4.4 to 4.8 pounds per gallon, etc. Thus, these factors are expected to act as restraints to the growth of the liquid coatings consumption, thereby de-accelerating the growth of Liquid coatings market during the forecast period.

Liquid Coatings Market: Market Segmentation

The Liquid Coatings market can be segmented on the basis of Coating Layer into:

  • Primer
  • Base coat
  • Top coat
  • Clear Coat

The Liquid Coatings market can be segmented on the basis of Resin Type into:

  • Polyurethane
  • Acrylic
  • Alkyd
  • Polyester

The Liquid Coatings market can be segmented on the basis of Coating Technology into:

  • Solvent Borne
  • Water Borne
  • UV Cure

The Liquid Coatings market can be segmented on the basis of Application into:

  • Machinery and Parts
  • Automotive
  • Electronics
  • Construction
  • Medical
  • Military
  • Optical
  • Others

Liquid Coatings Market: Regional Outlook

The Asia Pacific is expected to witness robust growth in the Liquid Coatings Market, which can be attributed to the increasing number of paints and coatings manufactures as well as expansion of manufacturing facilities by coating manufacturers in emerging economies, such as China, India etc.

North America and Europe are expected to witness significant growth in the Liquid coatings market during the forecast period owing to the increasing application of liquid coatings in medical automobiles and military applications, etc.

Middle East & Africa (MEA) and Latin America is estimated to witness growth in consumption of Liquid coatings during the forecast period owing to various advantages of liquid coatings, such as exact color matching, more resistance to heat and sunlight, can be applied on any kind of substrates, etc.

Liquid Coatings Market: Key Participants

Examples of some of the key participants operating across the value chain of the Liquid Coatings Market are:

  • Axalta Coatings System
  • Spencer Coating
  • ACME Finishing
  • Jet Finishers, Inc.,
  • STP Performance Coating LLC. 
  • Alpha Engineered Composites
  • Cardinal,
  • Industrialex Manufacturing
  • PPG
  • AKZO NOBEL

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers Industrial analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint
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