Market Overview:
The global specialty coatings and materials market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for specialty coatings and materials in various applications, such as chemical, automobile, civil infrastructure, and others. In terms of type, the silica products segment is expected to lead the market during the forecast period owing to its properties such as thermal insulation and high temperature resistance. In terms of region, Asia Pacific is projected to be fastest-growing region during the forecast period owing to rising demand from countries such as China and India. Some of the key players operating in this market are BASF SE (Germany), Akzo Nobel N.V (Netherlands), PPG Industries Inc.(U.S.), The Sherwin-Williams Company (U.S.), RPM International Inc.(U S.), 3M Company(U S.
Product Definition:
A specialty coating is a coating that is designed for a specific application. Specialty coatings can be used to protect surfaces from corrosion, abrasion, or wear. They can also be used to improve the appearance or performance of a surface.
Silica Products:
Silica is a chemical compound of silicon and oxygen, with the formula SiO2. It is widely known as sand in both colloquial speech and writing. Sand has a wide range of applications including construction materials, glass, rubber processing industries along with being an important ingredient in the semiconductor industry. The global demand for silica products was estimated to be 1,12,000 tons in 2015 and it is projected to grow at CAGR of XX% from 2016 to 2022.
Teslin Substrate:
The Teslin substrate is a type of synthetic paper base material that can be customized to provide consistent results in coating and printing applications. It has high tensile strength, good water resistance, and excellent surface flatness. The substrate also offers easy removal of ink from the surface making it an ideal choice for screen printing.
Application Insights:
The chemical application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The rising demand for specialty coatings and materials in various chemicals, including polymers, resins, adhesives & sealants, paints & varnishes is expected to drive the product demand over the next eight years.
Civil infrastructure was another major application area of these products that accounted for a share of 29.1% in 2017 owing to increasing government expenditure on infrastructure development projects across various countries globally. Specialty coatings are used as primers or undercoatings on concrete structures such as highways and bridges where corrosion resistance is required. Increasing construction activities across all major economies are anticipated to further fuel product demand from civil infrastructure applications over the forecast period.
Regional Analysis:
Asia Pacific was the largest market for specialty coatings and materials in 2016, accounting for a share of over 35%. The region is expected to continue its dominance over the forecast period. This can be attributed to growing automotive production in countries such as China, India, Japan and South Korea. In addition, rising construction spending coupled with increasing industrialization across emerging economies is anticipated to drive demand from chemical processing industries.
The Asia Pacific was followed by Europe which accounted for a share of around 24% in 2016 owing to high consumption from several major end-use sectors including automotive and aerospace among others. Growing investments towards infrastructure development are projecteded driving product demand during the forecast period particularly across Eastern European countries such as Russia which has one of the largest aircraft manufacturing bases globally along with being an important component supplier on account of its large oil & gas industry presence.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing demand for energy-efficient and environmentally friendly coatings
- Rising popularity of nanotechnology-based coatings
- Proliferation of new coating applications in a variety of industries
- Growing number of coating manufacturers entering the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialty Coatings and Materials Market Research Report
By Type
Silica Products, Teslin Substrate, Optical Monomers and Coatings
By Application
Chemical, Automobile, Civil Infrastructure, Other, Others
By Companies
PPG, Huber Engineered Materials, RJ Lee Group, Evonik, Dow, Sunanda, Grant, Entegris, Polyone
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Specialty Coatings and Materials Market Report Segments:
The global Specialty Coatings and Materials market is segmented on the basis of:
Types
Silica Products, Teslin Substrate, Optical Monomers and Coatings
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical, Automobile, Civil Infrastructure, Other, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PPG
- Huber Engineered Materials
- RJ Lee Group
- Evonik
- Dow
- Sunanda
- Grant
- Entegris
- Polyone
Highlights of The Specialty Coatings and Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silica Products
- Teslin Substrate
- Optical Monomers and Coatings
- By Application:
- Chemical
- Automobile
- Civil Infrastructure
- Other
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Specialty Coatings and Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Specialty coatings and materials are coatings or materials that have been specifically designed to meet the specific needs of a particular industry. These coatings can be used on a variety of surfaces, including metal, plastic, glass, and composites.
Some of the key players operating in the specialty coatings and materials market are PPG, Huber Engineered Materials, RJ Lee Group, Evonik, Dow, Sunanda, Grant, Entegris, Polyone.
The specialty coatings and materials market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Specialty Coatings and Materials Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Specialty Coatings and Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Specialty Coatings and Materials Market - Supply Chain
4.5. Global Specialty Coatings and Materials Market Forecast
4.5.1. Specialty Coatings and Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Specialty Coatings and Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Specialty Coatings and Materials Market Absolute $ Opportunity
5. Global Specialty Coatings and Materials Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Specialty Coatings and Materials Market Size and Volume Forecast by Type
5.3.1. Silica Products
5.3.2. Teslin Substrate
5.3.3. Optical Monomers and Coatings
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Specialty Coatings and Materials Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Specialty Coatings and Materials Market Size and Volume Forecast by Application
6.3.1. Chemical
6.3.2. Automobile
6.3.3. Civil Infrastructure
6.3.4. Other
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Specialty Coatings and Materials Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Specialty Coatings and Materials Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Specialty Coatings and Materials Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Specialty Coatings and Materials Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Specialty Coatings and Materials Demand Share Forecast, 2019-2029
9. North America Specialty Coatings and Materials Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Specialty Coatings and Materials Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Specialty Coatings and Materials Market Size and Volume Forecast by Application
9.4.1. Chemical
9.4.2. Automobile
9.4.3. Civil Infrastructure
9.4.4. Other
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Specialty Coatings and Materials Market Size and Volume Forecast by Type
9.7.1. Silica Products
9.7.2. Teslin Substrate
9.7.3. Optical Monomers and Coatings
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Specialty Coatings and Materials Demand Share Forecast, 2019-2029
10. Latin America Specialty Coatings and Materials Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Specialty Coatings and Materials Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Specialty Coatings and Materials Market Size and Volume Forecast by Application
10.4.1. Chemical
10.4.2. Automobile
10.4.3. Civil Infrastructure
10.4.4. Other
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Specialty Coatings and Materials Market Size and Volume Forecast by Type
10.7.1. Silica Products
10.7.2. Teslin Substrate
10.7.3. Optical Monomers and Coatings
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Specialty Coatings and Materials Demand Share Forecast, 2019-2029
11. Europe Specialty Coatings and Materials Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Specialty Coatings and Materials Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Specialty Coatings and Materials Market Size and Volume Forecast by Application
11.4.1. Chemical
11.4.2. Automobile
11.4.3. Civil Infrastructure
11.4.4. Other
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Specialty Coatings and Materials Market Size and Volume Forecast by Type
1.7.1. Silica Products
11.7.2. Teslin Substrate
11.7.3. Optical Monomers and Coatings
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Specialty Coatings and Materials Demand Share, 2019-2029
12. Asia Pacific Specialty Coatings and Materials Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Specialty Coatings and Materials Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Specialty Coatings and Materials Market Size and Volume Forecast by Application
12.4.1. Chemical
12.4.2. Automobile
12.4.3. Civil Infrastructure
12.4.4. Other
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Specialty Coatings and Materials Market Size and Volume Forecast by Type
12.7.1. Silica Products
12.7.2. Teslin Substrate
12.7.3. Optical Monomers and Coatings
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Specialty Coatings and Materials Demand Share, 2019-2029
13. Middle East & Africa Specialty Coatings and Materials Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Specialty Coatings and Materials Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Specialty Coatings and Materials Market Size and Volume Forecast by Application
13.4.1. Chemical
13.4.2. Automobile
13.4.3. Civil Infrastructure
13.4.4. Other
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Specialty Coatings and Materials Market Size and Volume Forecast by Type
13.7.1. Silica Products
13.7.2. Teslin Substrate
13.7.3. Optical Monomers and Coatings
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Specialty Coatings and Materials Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Specialty Coatings and Materials Market: Market Share Analysis
14.2. Specialty Coatings and Materials Distributors and Customers
14.3. Specialty Coatings and Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PPG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Huber Engineered Materials
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. RJ Lee Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Evonik
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dow
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sunanda
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grant
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Entegris
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Polyone
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
