The global demand in the Global Industrial Coatings Market is estimated to be 17 million tonne (12.8 billion litre) with the values of €65.9 billion in 2018; the global market is expected to grow at 3.0% CAGR over the period from 2018 to 2023.
The global market for industrial coatings is divided into three broad categories: coatings used in Construction and Infrastructure account for 38% of estimated global coatings demand; coatings used in Packaging and General Industrial applications are also 38% of global demand; and coatings used in Transportation sectors account for the remaining 24%. In the period 2018 to 2023, the volumes of coatings for Construction and Infrastructure and for Packaging and General Industrial applications are projected to grow by 3.0% CAGR; demand for coatings in the Transportation sectors is expected to grow at 3.2% CAGR. Information taken from Global Industrial Coatings Markets report.
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