MRO - Industry-Specific Maintenance Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Industrial Painting and Coating

Overview
Market size
$132.0B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.1
supplier-favoured
Suppliers
5
tracked players
Signals
10
4 high severity

Market outlook

2031$162.1B

What changed

Demand by region

Asia Pacific demand45%
North America demand22%
Europe demand18%
Latin America demand8%
Rest of world demand7%
share of global demandtotal 100%

Cost drivers

Raw Materials (Resins, Pigments, Solvents)55%
Manufacturing and Processing Energy15%
Labor and Regulatory Compliance15%
Logistics and Packaging15%
share of delivered cost (analyst estimate)

Supplier watchlist

5 tracked