According to the research report, the global industrial coatings market is projected to be worth US$41.682 bn by the end of 2022 from US$31.478 bn 2017. During the forecast years of 2017 and 2022, the market for industrial coatings is anticipated to register a CAGR of 5.8%. Out of the various types of resins, the demand for epoxy resins is projected to dominate the global market as it aims to reach a valuation of US$14.641 bn by the end of 2022. Geographically, the global industrial coatings market will be led by North America between 2017 and 2022.
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