According to a report by Global Market Insights, the global industrial coatings market was valued at USD 215.5 billion in 2024 and is projected to reach USD 345.8 billion by 2034, at a CAGR of 4.9%.

Growth is fueled by the demand for durable and sustainable solutions, including low-VOC and waterborne coatings, with strong adoption in infrastructure and renewable energy sectors. Epoxy coatings, valued at USD 80.4 billion in 2024, are expected to grow at a 5.4% CAGR due to their adhesion and chemical resistance.

The topcoats segment, valued at USD 77 billion in 2024, is projected to grow 5% annually, while corrosion-resistant coatings are also expected to see robust growth.

In the US, the market was valued at USD 71 billion in 2024 and is forecast to grow 5.4% annually through 2034.

Read the full report here. 

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