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Plastic Coating Market - Global Industry Analysis

Plastic Coating Market (Acrylic, Polyurethane, Epoxy And Other Process) By Process (Powder Coating, DIP Coating, Electrophoretic Painting, Spray Coating And Other Process) For Aerospace And Defense, Automotive, Medical, Building And Construction And Other End User: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2020 – 2028

Published Date: 26-Jun-2021 Category: Chemical & Materials Report Format : PDF Pages: 140 Report Code: ZMR-347 Status : Published

The global Plastic Coating market accounted for USD 7.3 Billion in 2020 and is expected to reach USD 10.2 Billion by 2028, growing at a CAGR of 4% from 2021 to 2028.

Description

Market Overview   

The global Plastic Coating market accounted for USD 7.3 Billion in 2020 and is expected to reach USD 10.2 Billion by 2028, growing at a CAGR of 4% from 2021 to 2028.  

Plastic coatings are utilized in various applications in several sectors like oil & gas, building & construction, automotive, electronics, aerospace, and defense. Some Functional uses of plastic coatings include corrosion inhibition, thermal resistance, abrasion resistance, chemical resistance, UV resistance, lubrication, mechanical property enhancement, surface finish, and esthetics. Implementation of an upper number of environmentally-friendly regulations is predicted to encourage manufacturers within the coatings industry to choose water-based plastic coatings. The plastic coatings market has witnessed significant growth owing to rising demand for the industry. Moreover, the increasing demand from the development sector provides an enormous market opportunity for the key players operating within the plastic coatings market. However, the decline in the automotive industry is projected to hamper the general growth of the plastic coatings market.

Report Scope:  

With the presence of an outsized pool of participants, the worldwide plastic coating market is displaying a highly competitive business landscape. Players are focusing aggressively on innovation, also as on including advanced technologies in their existing products. Over the approaching years, they're also expected to require partnerships, and mergers & acquisitions as their key strategy for business development. During a major relief to the plastic coating market, researchers at the Georgia Institute of Technology found that when plant cellulose is combined with chitin, the hard substance or substrate that creates up clamshells of shellfish also as exoskeletons of lobsters, it produced recyclable plastic coatings.

COVID-19 Impact Analysis:

The global plastic coating market has witnessed a slight decline in sales for the short term to the lockdown enforcement placed by governments to contain COVID spreading. The restrictions imposed by various nations to contain COVID had stopped the production resulting in disruption across the whole supply chain. However, the global markets are slowly opening to their full potential, and theirs a surge in demand. The market would remain bullish in the upcoming year.  Various scenarios have been analyzed based on inputs from various secondary sources and the current data available about the situation.

Growth Factors

Wide product demands from the automotive & construction sectors alongside user-friendly & features are anticipated to reinforce the plastic coating market trends over subsequent few years,” says the author of this study. aside from this, the plastic coating is more durable & efficient as compared to its traditional counterparts and has the power to reinforce the performance. Rapid urbanization witnessed in developing countries and high product demand in these economies is projected to spur the expansion of the plastic coating market over the following years.  Adverse effects on the ecology due to VOC emissions, however, can hinder the progression of the plastic coating market within the near future. Nevertheless, current research activities on developing bio-based coatings are forecast to make lucrative growth avenues for the business over the next few years, thereby normalizing the impact of hindrances on the plastic coating market.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Segment Analysis Preview

The Plastic Coating market is segmented based on type, process, end-user, and region. Based on types, the plastic coating market can be segmented as acrylic, polyurethane, epoxy, and other types. The plastic coating includes the process such as powder coating, dip coating, electrophoretic painting, spray coating, and another process. Numerous end users for plastic coating are aerospace and defense, automotive, medical, building and construction, and other end-user.

Based on type, the polyurethane segment contributed the second-highest share to the plastic coatings market, in terms useful in 2018. For coating applications, a cross-linked film is preferred over thermoplastic urethanes. The polyurethane coating resins market is very hooked into the expansion of markets for automotive, floors, boats, and metal objects. Two features of polyurethane coating resins that are often considered disadvantages are its high cost, and handling of probably hazardous isocyanates that are used as curing agents for manufacturing. Superior performance and therefore the ability to cure at lower baking temperatures make polyurethane a serious plastic coating material in various end-use applications.

Major end-use industries for the plastic coatings market include automotive and aerospace & defense industries. Within the automotive industry, plastic coatings are utilized in battery trays, seat springs and brackets, radiator grilles,  filler pipes, door handles, and safety belt loops, among others. Plastic coating provides various advantages, like impact, heat, resistance from corrosion, and wear. Additionally, it's cost-effective and straightforward to use. Increased use of plastic coatings in automotive manufacturing and growing concern regarding carbon emissions are predicted to boost the plastic coatings market during the forecast period.

Regionally, Europe has been leading the worldwide plastic coating market and is anticipated to continue on the dominant position within the years to return. The presence of leading automobile producers and rapidly flourishing automotive OEM market within the region is that the main factor behind the dominance of the European plastic coating market. Furthermore, extensive use of plastic coating in aerospace and construction applications in Europe is predicted to contribute substantially towards the expansion and dominance of the European plastic coating market within the years ahead.

Key Market Players & Competitive Landscape

Some of the global major players in the plastic coating are Akzonobel N.V., BASF SE, PPG Industries, Inc., 3M, Kansai Paint Co., Ltd, Diamond Vogel Paints, Wacker Chemie AG, Bayer AG, Eastman Chemical Company, Valspar Corporation, Axalta Coating Systems Ltd. AkzoNobel NV, Nippon Paint Co. Ltd. among others.

The global Plastic Coating market is segmented as follows:   

By Type

  • Acrylic
  • Polyurethane
  • Epoxy
  • Others

By Process

  • Powder coating
  • Dip coating
  • Electrophoretic painting
  • Spray coating
  • Others

By End-User

  • Aerospace and defense
  • Automotive
  • Medical
  • Building and construction
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Process
        • 2.1.1.3. Market Attractiveness Analysis, By End User
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Plastic Coating Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Plastic Coating Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Acrylic
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Pulyurethane
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Epoxy
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Others
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Plastic Coating Market – Process Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Process, 2020 & 2028
    • 5.2. Powder Coating
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Dip Coating
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Electrophoretic painting
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Spray Coating
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Others
      • 5.6.1. Market Size and Forecast, By Region (USD Billion)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Plastic Coating Market – End User Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By End User, 2020 & 2028
    • 6.2. Aerospace & defense
      • 6.2.1. Market Size and Forecast, By Region (USD Billion)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Automotive
      • 6.3.1. Market Size and Forecast, By Region (USD Billion)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. Medical
      • 6.4.1. Market Size and Forecast, By Region (USD Billion)
      • 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.5. Building and Construction
      • 6.5.1. Market Size and Forecast, By Region (USD Billion)
      • 6.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.6. Others
      • 6.6.1. Market Size and Forecast, By Region (USD Billion)
      • 6.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.6.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7 Plastic Coating Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 7.2.3. North America Market Revenue, By Process, 2016 – 2028
      • 7.2.4. North America Market Revenue, By End User, 2016 – 2028
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 7.2.5.2. U.S. Market Revenue, By Process, 2016 – 2028
        • 7.2.5.3. U.S. Market Revenue, By End User, 2016 – 2028
      • 7.2.6. Canada
        • 7.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 7.2.6.2. Canada Market Revenue, By Process, 2016 – 2028
        • 7.2.6.3. Canada Market Revenue, By End User, 2016 – 2028
      • 7.2.7. Mexico
        • 7.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 7.2.7.2. Mexico Market Revenue, By Process, 2016 – 2028
        • 7.2.7.3. Mexico Market Revenue, By End User, 2016 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 7.3.3. Europe Market Revenue, By Process, 2016 – 2028
      • 7.3.4. Europe Market Revenue, By End User, 2016 – 2028
      • 7.3.5. Germany
        • 7.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 7.3.5.2. Germany Market Revenue, By Process, 2016 – 2028
        • 7.3.5.3. Germany Market Revenue, By End User, 2016 – 2028
      • 7.3.6. France
        • 7.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 7.3.6.2. France Market Revenue, By Process, 2016 – 2028
        • 7.3.6.3. France Market Revenue, By End User, 2016 – 2028
      • 7.3.7. U.K.
        • 7.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 7.3.7.2. U.K. Market Revenue, By Process, 2016 – 2028
        • 7.3.7.3. U.K. Market Revenue, By End User, 2016 – 2028
      • 7.3.8. Italy
        • 7.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 7.3.8.2. Italy Market Revenue, By Process, 2016 – 2028
        • 7.3.8.3. Italy Market Revenue, By End User, 2016 – 2028
      • 7.3.9. Spain
        • 7.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 7.3.9.2. Spain Market Revenue, By Process, 2016 – 2028
        • 7.3.9.3. Spain Market Revenue, By End User, 2016 – 2028
      • 7.3.10. Rest of Europe
        • 7.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 7.3.10.2. Rest of Europe Market Revenue, By Process, 2016 – 2028
        • 7.3.10.3. Rest of Europe Market Revenue, By End User, 2016 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 7.4.3. Asia Pacific Market Revenue, By Process, 2016 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By End User, 2016 – 2028
      • 7.4.5. China
        • 7.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 7.4.5.2. China Market Revenue, By Process, 2016 – 2028
        • 7.4.5.3. China Market Revenue, By End User, 2016 – 2028
      • 7.4.6. Japan
        • 7.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 7.4.6.2. Japan Market Revenue, By Process, 2016 – 2028
        • 7.4.6.3. Japan Market Revenue, By End User, 2016 – 2028
      • 7.4.7. India
        • 7.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 7.4.7.2. India Market Revenue, By Process, 2016 – 2028
        • 7.4.7.3. India Market Revenue, By End User, 2016 – 2028
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 7.4.8.2. South Korea Market Revenue, By Process, 2016 – 2028
        • 7.4.8.3. South Korea Market Revenue, By End User, 2016 – 2028
      • 7.4.9. South-East Asia
        • 7.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 7.4.9.2. South-East Asia Market Revenue, By Process, 2016 – 2028
        • 7.4.9.3. South-East Asia Market Revenue, By End User, 2016 – 2028
      • 7.4.10. Rest of Asia Pacific
        • 7.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 7.4.10.2. Rest of Asia Pacific Market Revenue, By Process, 2016 – 2028
        • 7.4.10.3. Rest of Asia Pacific Market Revenue, By End User, 2016 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 7.5.3. Latin America Market Revenue, By Process, 2016 – 2028
      • 7.5.4. Latin America Market Revenue, By End User, 2016 – 2028
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 7.5.5.2. Brazil Market Revenue, By Process, 2016 – 2028
        • 7.5.5.3. Brazil Market Revenue, By End User, 2016 – 2028
      • 7.5.6. Argentina
        • 7.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 7.5.6.2. Argentina Market Revenue, By Process, 2016 – 2028
        • 7.5.6.3. Argentina Market Revenue, By End User, 2016 – 2028
      • 7.5.7. Rest of Latin America
        • 7.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 7.5.7.2. Rest of Latin America Market Revenue, By Process, 2016 – 2028
        • 7.5.7.3. Rest of Latin America Market Revenue, By End User, 2016 – 2028
    • 7.6. The Middle-East and Africa
      • 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 7.6.3. The Middle-East and Africa Market Revenue, By Process, 2016 – 2028
      • 7.6.4. The Middle-East and Africa Market Revenue, By End User, 2016 – 2028
      • 7.6.5. GCC Countries
        • 7.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 7.6.5.2. GCC Countries Market Revenue, By Process, 2016 – 2028
        • 7.6.5.3. GCC Countries Market Revenue, By End User, 2016 – 2028
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 7.6.6.2. South Africa Market Revenue, By Process, 2016 – 2028
        • 7.6.6.3. South Africa Market Revenue, By End User, 2016 – 2028
      • 7.6.7. Rest of Middle-East Africa
        • 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Process, 2016 – 2028
        • 7.6.7.3. Rest of Middle-East Africa Market Revenue, By End User, 2016 – 2028
  • Chapter No. 8 Plastic Coating Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Driving Factor 1 Analysis
      • 8.2.2. Driving Factor 2 Analysis
    • 8.3. Market Restraints
      • 8.3.1. Restraining Factor Analysis
    • 8.4. Market Opportunities
      • 8.4.1. Market Opportunity Analysis
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Technology Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. The Middle-East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9 Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Plastic Coating Market: Company Market Share, 2019
      • 9.1.2. Global Plastic Coating Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 9.1.3. Global Plastic Coating Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Plastic Coating Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10 Company Profiles
    • 10.1. AkzoNobel N.V.
      • 10.1.1. Company Overview
      • 10.1.2. Key Executives
      • 10.1.3. Product Portfolio
      • 10.1.4. Financial Overview
      • 10.1.5. Operating Business Segments
      • 10.1.6. Business Performance
      • 10.1.7. Recent Developments
    • 10.2. Eastman Chemical Company
    • 10.3 PPG Industries Inc.
    • 10.4 Axalta Coating Systems Ltd.
    • 10.5 Kansai Paint Company Ltd
    • 10.6 BASF SE
    • 10.7 Wacker Chemie AG
    • 10.8 Diamond Vogel Paints
    • 10.9 3M
    • 10.10 Bayer AG
  • Chapter No. 11 Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12 Research Methodology
    • 12.1. Research Methodology
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Process
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Plastic Coating Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 8. Global Plastic Coating Market for Acrylic, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Plastic Coating Market for Acrylic, By Country, 2020 & 2028
FIG NO. 10. Global Plastic Coating Market for Polyurethane, Revenue (USD Billion) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Plastic Coating Market for Polyurethane, By Country, 2020 & 2028
FIG NO. 12. Global Plastic Coating Market for Epoxy, Revenue (USD Billion) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Plastic Coating Market for Epoxy, By Country, 2020 & 2028
FIG NO. 14. Global Plastic Coating Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Plastic Coating Market for Others, By Country, 2020 & 2028
FIG NO. 16. Market Revenue Share, By Process, 2020 & 2028
FIG NO. 17. Global Plastic Coating Market for Powder Coating, Revenue (USD Billion) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Plastic Coating Market for Powder Coating, By Country, 2020 & 2028
FIG NO. 19. Global Plastic Coating Market for Dip Coating, Revenue (USD Billion) 2016 – 2028
FIG NO. 20. Comparative Revenue Analysis of Plastic Coating Market for Dip Coating, By Country, 2020 & 2028
FIG NO. 21. Global Plastic Coating Market for Dip Coating, Revenue (USD Billion) 2016 – 2028
FIG NO. 22. Comparative Revenue Analysis of Plastic Coating Market for Dip Coating, By Country, 2020 & 2028
FIG NO. 23. Global Plastic Coating Market for Electrophoretic painting, Revenue (USD Billion) 2016 – 2028
FIG NO. 24. Comparative Revenue Analysis of Plastic Coating Market for Electrophoretic painting, By Country, 2020 & 2028
FIG NO. 25. Global Plastic Coating Market for Spray coating, Revenue (USD Billion) 2016 – 2028
FIG NO. 26. Comparative Revenue Analysis of Plastic Coating Market for Spray coating, By Country, 2020 & 2028
FIG NO. 27. Market Revenue Share, By End User, 2020 & 2028
FIG NO. 28. Global Plastic Coating Market for Aerospace & defense, Revenue (USD Billion) 2016 – 2028
FIG NO. 29. Comparative Revenue Analysis of Plastic Coating Market for Aerospace & Defense, By Country, 2020 & 2028
FIG NO. 30. Global Plastic Coating Market for Automotive, Revenue (USD Billion) 2016 – 2028
FIG NO. 31. Comparative Revenue Analysis of Plastic Coating Market for Automotive, By Country, 2020 & 2028
FIG NO. 32. Global Plastic Coating Market for Medical, Revenue (USD Billion) 2016 – 2028
FIG NO. 33. Comparative Revenue Analysis of Plastic Coating Market for Medical, By Country, 2020 & 2028
FIG NO. 34. Global Plastic Coating Market for Building and Construction, Revenue (USD Billion) 2016 – 2028
FIG NO. 35. Comparative Revenue Analysis of Plastic Coating Market for Building and Construction, By Country, 2020 & 2028
FIG NO. 36. Global Plastic Coating Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 37. Comparative Revenue Analysis of Plastic Coating Market for Others, By Country, 2020 & 2028
FIG NO. 38. Global Plastic Coating Market Revenue Share, By Region, 2020 & 2028
FIG NO. 39. North America Plastic Coating Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 40. Porter’s Five Forces Analysis for Global Plastic Coating Market
FIG NO. 41. PEST Analysis for Global Plastic Coating Market
FIG NO. 42. Pricing Analysis for Global Plastic Coating Market
FIG NO. 43. Value Chain Analysis for Global Plastic Coating Market
FIG NO. 44. Company Share Analysis, 2019
FIG NO. 45. Radar Determinant Chart, 2019
FIG NO. 46. Company Strategic Developments – Heat Map Analysis
FIG NO. 47. STMicroelectronics NV Business Segment Revenue Share, 2020 (%)
FIG NO. 48. STMicroelectronics NV Geographical Segment Revenue Share, 2020 (%)
FIG NO. 49. Market Channels
FIG NO. 50. Marketing Channel Development Trend
FIG NO. 51. Growth in World Gross Product, 2008-2018
FIG NO. 52. Research Methodology – Detailed View
FIG NO. 53. Research Methodology


List of Tables 

TABLE NO. 1. Global Plastic Coating Market: Snapshot
TABLE NO. 2. Quarterly Plastic Coating Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Plastic Coating Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Plastic Coating Market for Acrylic, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Plastic Coating Market for Polyurethane, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Plastic Coating Market for Epoxy, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Plastic Coating Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Plastic Coating Market for Powder Coating, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Plastic Coating Market for Dip Coating, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Plastic Coating Market for Electrophoretic painting, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. Global Plastic Coating Market for Spray coating, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14. Global Plastic Coating Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. Global Plastic Coating Market for Aerospace & defence, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 16. Global Plastic Coating Market for Automotive, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 17. Global Plastic Coating Market for Medical, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 18. Global Plastic Coating Market for Building and Construction, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 19. Global Plastic Coating Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 20. Global Plastic Coating Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 21. North America Plastic Coating Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 22. North America Plastic Coating Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 23. North America Plastic Coating Market Revenue, By Process, 2016 – 2028 (USD Billion)
TABLE NO. 24. North America Plastic Coating Market Revenue, By End User, 2016 – 2028 (USD Billion)
TABLE NO. 25. U.S. Plastic Coating Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 26. U.S. Plastic Coating Market Revenue, By Process, 2016 – 2028 (USD Billion)
TABLE NO. 27. U.S. Plastic Coating Market Revenue, By End User, 2016 – 2028 (USD Billion)
TABLE NO. 28. Canada Plastic Coating Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 29. Canada Plastic Coating Market Revenue, By Process, 2016 – 2028 (USD Billion)
TABLE NO. 30. Canada Plastic Coating Market Revenue, By End User, 2016 – 2028 (USD Billion)
TABLE NO. 31. Mexico Plastic Coating Market Revenue, By Type, 2016 – 2028 (USD Billion) 
TABLE NO. 32. Mexico Plastic Coating Market Revenue, By Process, 2016 – 2028 (USD Billion)
TABLE NO. 33. Mexico Plastic Coating Market Revenue, By End User, 2016 – 2028 (USD Billion)
TABLE NO. 34. Drivers for the Plastic Coating Market: Impact Analysis
TABLE NO. 35. Restraints for the Plastic Coating Market: Impact Analysis
TABLE NO. 36. Major Buyers of Plastic Coating
TABLE NO. 37. Distributors/Traders List of Plastic Coating 
TABLE NO. 38. Global Plastic Coating Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 39. Global Plastic Coating Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)
 
 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Plastic Coating market. Zion Research has collected and analyzed key data belong to the global Plastic Coating market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Plastic Coating across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Plastic Coating industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Plastic Coating market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

The coating is the process in which the surface is covered using suitable substrate. Plastic coating possesses several properties such as resistance from corrosion and heat. The plastic coating is widely used in aerospace, building, and construction, medical and automobile industry. Plastic coatings are majorly used in the automobile industry or coating the battery trays, seat springs radiator grilles, brackets, door handles, filler pipes, and seat belt loops. The plastic coating is easy to use and cost efficient.

The increasing trend for eco-friendly coatings is likely to drive the plastic coating market. Moreover, rising demand from end-user industry such as automotive, building & construction is expected to trigger the growth of plastic coating market in the coming years. The plastic coating is more durable and efficient with enhanced performance as compared to conventional coating. Therefore, plastic coating finds its application in several industries such as in automotive industry which is expected to drive the market growth in the coming years. Growing industrial sector is expected to spur the growth of the market in the coming years. However, stringent regulations imposed by the governing bodies on VOC emissions may impede the growth of the plastic coating market. Nevertheless, ongoing research for bio-based coatings along with growing demand for plastic coating from the emerging countries is likely to positively impact on plastic coating market in the coming years.

Global Plastic Coating Market

On the basis of types, the plastic coating market can be segmented as acrylic, polyurethane, epoxy and other types. Polyurethane plastic coatings possess high strength, abrasion resistance, flexibility, and moisture resistance. Therefore, polyurethane plastic accounted for almost one-third of the total market share in 2015. The plastic coating includes processes such as powder coating, dip coating, electrophoretic painting, spray coating, and another process. Dip Coating is the largest revenue generating segment owing to the ease of application and cost effective coating. Numerous end users for plastic coating are aerospace and defense, automotive, medical, building and construction and another end user. Automotive was the leading segment of the plastic coating market in 2015 with significant market share. The plastic coating offers durability, functionality and performance benefits in the automotive industry.

Europe held the largest market share for plastic coating followed by North America in 2015. Escalating investment in Europe by the leading automotive manufacturers along with growing automotive OEM market is likely to boost the plastic coatings market in the forecast period. Asia Pacific is witnessing predominant growth for the plastic coating in recent times and is to gain traction in the forecast period. A large number of consumers from India and China along with rapidly growing coating industry, in turn, is expected to result in the growth of plastic coating market. Increasing government initiatives to uphold the development in the manufacturing sectors is expected to aid the growth of plastic coatings market in this region. Latin America is likely to witness decent growth in the forecast period. The Middle East and Africa is anticipated to exhibit moderate growth over the coming years.

Some of the global major players in the plastic coating are Akzonobel N.V., BASF SE, PPG Industries, Inc., 3M, Kansai Paint Co., Ltd, Diamond Vogel Paints, Wacker Chemie AG, Bayer AG, Eastman Chemical Company, Valspar Corporation, Axalta Coating Systems Ltd. AkzoNobel NV, Nippon Paint Co. Ltd. among others.

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FrequentlyAsked Questions

The global Plastic Coating market was valued at USD 7.39 Billion in 2020.

The global Plastic Coating market is expected to reach USD 10.21 Billion by 2028, growing at a CAGR of 4% between 2021 to 2028.

Some of the key factors driving the global Plastic Coating market growth are Increasing demand from automotive & transportation, rapid urbanization witnessed in developing countries and high product demand in these economies are projected to spur the growth of the plastic coating market over the ensuing years.

Regionally, Europe has been leading the worldwide Plastic Coating market and is anticipated to continue in the dominant position in the years to come, states the Plastic Coating market study.

Some of the major companies operating in the Plastic Coating market are AkzoNobel N.V., Eastman Chemical Company, PPG Industries Inc., Axalta Coating Systems Ltd., Kansai Paint Company Ltd, and BASF SE  and others.

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