Market Forecast By Product (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, Others), By Technology (Solvent Borne, Water Borne, Powder Based, Others), By End-Use (General Industrial, Marine, Automotive & Vehicle Refinish, Electronics, Aerospace, Oil & Gas, Mining, Power Generation) And Competitive Landscape
Product Code: ETC329015 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Australia Industrial Coatings Market |
Forecast period | 2025-2031 |
CAGR | 4.9% |
Growing Sector | Marine |
Australia Industrial Coatings Market report thoroughly covers the market by product, by technology, and by end use. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Australia industrial coatings market has witnessed significant growth in recent years, driven by the expanding construction sector, increased infrastructure projects, and a robust manufacturing industry. These coatings are essential for protecting surfaces and structures from corrosion, weather, and chemical exposure, thereby increasing their longevity and durability. There is also a growing emphasis on nanotechnology and smart coatings, which offer enhanced protective features, including self-healing and anti-corrosion properties.
According to 6Wresearch, the Australia Industrial Coatings Market size is anticipated to reach at a CAGR of 4.9% during the forecast period 2025-2031. Key drivers fueling the Australian industrial coatings market include technological advancements in coating materials, rising demand for environmentally friendly and sustainable solutions, and the government's investment in infrastructure development. Additionally, the resurgence of the mining industry has led to increased demand for protective coatings in harsh working environments. However, the market faces challenges such as stringent environmental regulations, which necessitate the formulation of low-VOC (Volatile Organic Compounds) coatings. The fluctuation in raw material prices and the global economic uncertainty affecting Australia's trade and investment landscape also pose significant obstacles for Australia Industrial Coatings Market growth. Despite these challenges, the market has a wide scope to grow with some ongoing trends such as the rising shift towards water-borne and high-solid coatings, driven by environmental concerns and regulatory compliance.
The Australian government has introduced several initiatives aimed at promoting the industrial coatings market while addressing environmental concerns. These initiatives focus on providing financial incentives for research and development in sustainable and innovative coating technologies. Furthermore, regulatory bodies have implemented stricter guidelines on VOC emissions, encouraging the development and adoption of eco-friendly coatings.
Major companies such as AkzoNobel, PPG Industries, and Sherwin-Williams have a significant footprint in the market, offering a wide range of coating products and solutions. Australian companies like DuluxGroup and BlueScope also play critical roles, contributing to the market's growth with their innovative.
The Australia industrial coatings industry is poised for continued growth, driven by ongoing infrastructure projects and a rebounding manufacturing sector. The focus on sustainability and innovation is expected to remain at the forefront, with increased investment in researching and developing advanced coating technologies. The adoption of smart coatings and nanotechnology is anticipated to gain momentum, offering new levels of protection and efficiency.
According to Shivankar, Research Manager, 6Wresearch, the marine sector is increasing the Australia Industrial Coatings Market revenue. This sector benefits significantly from Australia's extensive coastline and strategic positioning for maritime activities, including shipping, fishing, and naval defense operations. The increasing need for marine coatings stems from their critical role in protecting vessels against harsh marine conditions, corrosion, and biofouling, thereby extending the lifespan of marine assets.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Industrial Coatings Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Industrial Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Industrial Coatings Market - Industry Life Cycle |
3.4 Australia Industrial Coatings Market - Porter's Five Forces |
3.5 Australia Industrial Coatings Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Industrial Coatings Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Australia Industrial Coatings Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Australia Industrial Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable industrial coatings in Australia |
4.2.2 Growth in the construction and infrastructure sectors driving the need for industrial coatings |
4.2.3 Technological advancements leading to the development of high-performance coatings |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the cost of production for industrial coatings |
4.3.2 Stringent environmental regulations and compliance requirements affecting the market growth |
5 Australia Industrial Coatings Market Trends |
6 Australia Industrial Coatings Market, By Types |
6.1 Australia Industrial Coatings Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Industrial Coatings Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Australia Industrial Coatings Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.4 Australia Industrial Coatings Market Revenues & Volume, By Alkyd, 2021-2031F |
6.1.5 Australia Industrial Coatings Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.6 Australia Industrial Coatings Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.7 Australia Industrial Coatings Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.8 Australia Industrial Coatings Market Revenues & Volume, By Others, 2021-2031F |
6.2 Australia Industrial Coatings Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Australia Industrial Coatings Market Revenues & Volume, By Solvent Borne, 2021-2031F |
6.2.3 Australia Industrial Coatings Market Revenues & Volume, By Water Borne, 2021-2031F |
6.2.4 Australia Industrial Coatings Market Revenues & Volume, By Powder Based, 2021-2031F |
6.2.5 Australia Industrial Coatings Market Revenues & Volume, By Others, 2021-2031F |
6.3 Australia Industrial Coatings Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Australia Industrial Coatings Market Revenues & Volume, By General Industrial, 2021-2031F |
6.3.3 Australia Industrial Coatings Market Revenues & Volume, By Marine, 2021-2031F |
6.3.4 Australia Industrial Coatings Market Revenues & Volume, By Automotive & Vehicle Refinish, 2021-2031F |
6.3.5 Australia Industrial Coatings Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.6 Australia Industrial Coatings Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.7 Australia Industrial Coatings Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.8 Australia Industrial Coatings Market Revenues & Volume, By Power Generation, 2021-2031F |
6.3.9 Australia Industrial Coatings Market Revenues & Volume, By Power Generation, 2021-2031F |
7 Australia Industrial Coatings Market Import-Export Trade Statistics |
7.1 Australia Industrial Coatings Market Export to Major Countries |
7.2 Australia Industrial Coatings Market Imports from Major Countries |
8 Australia Industrial Coatings Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly industrial coatings in the market |
8.2 Number of infrastructure projects utilizing industrial coatings |
8.3 Research and development investment in innovative coating technologies |
8.4 Percentage of industrial coatings meeting environmental standards |
8.5 Customer satisfaction and loyalty towards industrial coatings offering sustainable solutions |
9 Australia Industrial Coatings Market - Opportunity Assessment |
9.1 Australia Industrial Coatings Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Industrial Coatings Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Australia Industrial Coatings Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Australia Industrial Coatings Market - Competitive Landscape |
10.1 Australia Industrial Coatings Market Revenue Share, By Companies, 2024 |
10.2 Australia Industrial Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |