Australia Industrial Coatings Market Market’s Technological Evolution: Trends and Analysis 2025-2033

Australia Industrial Coatings Market by Resin Type (Epoxy, Polyurethane, Acrylic, Polyester, Other Resin Types ), by Technology (Water-borne Coatings, Solvent-borne Coatings, Powder, Other Technologies), by End-user Industry (General Industrial, Protective Coatings), by Australia Forecast 2025-2033

Jun 30 2025
Base Year: 2024
180 Pages
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Australia Industrial Coatings Market Market’s Technological Evolution: Trends and Analysis 2025-2033

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Key Insights

The Australian industrial coatings market, valued at approximately AUD 2860 million in 2025, is projected to experience robust growth, exceeding a 3% compound annual growth rate (CAGR) through 2033. This expansion is driven by several key factors. Firstly, significant infrastructure development projects across Australia, encompassing construction, mining, and energy sectors, necessitate substantial quantities of protective and general industrial coatings. Secondly, the increasing focus on sustainable and environmentally friendly coating solutions, such as water-borne coatings, is fueling market demand. This trend is further amplified by stricter environmental regulations aimed at reducing volatile organic compound (VOC) emissions. Finally, the growing adoption of advanced coating technologies, including those offering enhanced durability and corrosion resistance, contributes significantly to market growth. Competition within the market is intense, with major players such as AkzoNobel, Sherwin-Williams, Jotun, and others vying for market share through innovation and strategic partnerships.

The market segmentation reveals a diverse landscape. Water-borne coatings are expected to maintain a significant share due to their environmental benefits, while solvent-borne coatings, though facing stricter regulations, continue to hold considerable relevance in specific applications. Powder coatings are also experiencing growth, driven by their superior performance characteristics. Within end-user industries, the protective coatings segment commands the largest share, attributed to the critical need for corrosion protection in harsh Australian environments. Epoxy and polyurethane resins are the dominant resin types, owing to their exceptional durability and chemical resistance. While precise market share figures for each segment are not provided, these estimations are based on general industry trends and the relative importance of the mentioned factors in the Australian industrial context. The forecast period (2025-2033) anticipates sustained growth, although the specific CAGR may fluctuate slightly depending on macroeconomic conditions and government policies.

Australia Industrial Coatings Market Research Report - Market Size, Growth & Forecast

Australia Industrial Coatings Market: A Comprehensive Report (2019-2033)

This comprehensive report provides an in-depth analysis of the Australia industrial coatings market, offering invaluable insights for businesses, investors, and industry stakeholders. Covering the period from 2019 to 2033, with a base year of 2025 and a forecast period of 2025-2033, this report meticulously examines market dynamics, key players, and future growth prospects. The market is valued at xx Million in 2025 and is projected to reach xx Million by 2033, exhibiting a CAGR of xx%.

Australia Industrial Coatings Market Market Structure & Competitive Dynamics

The Australian industrial coatings market is characterized by a moderately concentrated landscape, with several multinational corporations holding significant market share. Key players like AkzoNobel N V, Chugoku Marine Paints Ltd, The Sherwin-Williams Company, Jotun, and PPG Industries compete intensely, driving innovation and shaping market trends. The market structure is influenced by factors such as technological advancements, stringent environmental regulations, and the increasing demand for specialized coatings across various end-user industries.

  • Market Concentration: The top five players account for approximately xx% of the market share in 2025.
  • Innovation Ecosystems: Collaboration between coating manufacturers and research institutions is driving the development of sustainable and high-performance coatings.
  • Regulatory Frameworks: Environmental regulations, particularly concerning VOC emissions, are shaping product development and manufacturing processes. Compliance costs are a significant factor influencing profitability.
  • Product Substitutes: The availability of alternative materials and coating technologies presents a competitive challenge to traditional industrial coatings.
  • End-User Trends: Growth in infrastructure development, construction, and manufacturing sectors fuels demand for specialized industrial coatings.
  • M&A Activities: The market has witnessed significant M&A activity in recent years, with deals valued at xx Million in the last five years, reflecting the pursuit of market consolidation and expansion. For example, Hempel's acquisition of Wattyl significantly impacted market dynamics.

Australia Industrial Coatings Market Industry Trends & Insights

The Australian industrial coatings market is experiencing robust growth, driven by several key factors. Increased infrastructure spending, particularly in construction and transportation, is a major catalyst. The rising adoption of advanced coating technologies, such as water-borne coatings, and the growing focus on sustainable and eco-friendly products are shaping market dynamics. Furthermore, the increasing demand for corrosion-resistant and high-performance coatings across diverse industries is further propelling market expansion. Competitive intensity remains high, with companies focusing on innovation, product differentiation, and strategic partnerships to maintain market leadership.

The market's growth is further fueled by technological advancements like the introduction of self-healing coatings and improved durability solutions. Consumer preferences are shifting towards environmentally friendly, low-VOC coatings that meet stringent environmental regulations. This shift towards sustainability is driving innovation and influencing product development strategies across the industry.

Australia Industrial Coatings Market Growth

Dominant Markets & Segments in Australia Industrial Coatings Market

The Australian industrial coatings market is dominated by the protective coatings segment, driven by the increasing demand for corrosion protection in various industries like infrastructure and manufacturing. Within technology segments, water-borne coatings are experiencing significant growth due to their environmental benefits and performance characteristics. The Epoxy resin type segment holds a dominant position due to its superior properties.

  • Leading Region: New South Wales and Victoria contribute significantly to the market's overall size.
  • Key Drivers:
    • Robust infrastructure development projects
    • Growing manufacturing and industrial activities
    • Favorable government policies and investment in infrastructure
    • Rising awareness of environmental concerns and adoption of sustainable coating technologies

Dominant Segments:

  • End-User Industry: Protective Coatings holds the largest share due to the extensive use of industrial coatings in infrastructure projects and manufacturing facilities.
  • Technology: Water-borne coatings show strong growth due to stricter environmental regulations and improved performance characteristics.
  • Resin Type: Epoxy resins dominate due to their excellent adhesion, chemical resistance, and durability properties.

Australia Industrial Coatings Market Product Innovations

Recent innovations in the Australian industrial coatings market focus on enhancing performance, sustainability, and ease of application. The introduction of advanced technologies such as self-cleaning coatings, anti-graffiti coatings, and high-performance powder coatings reflects this trend. PPG's introduction of the PPG ENVIROCRON™ LUM coating, a retroreflective powder coating, highlights the industry's focus on enhanced safety features. These innovations aim to meet evolving customer needs and provide superior protection and aesthetic appeal.

Report Segmentation & Scope

This report provides a granular segmentation of the Australia industrial coatings market based on technology (Water-borne Coatings, Solvent-borne Coatings, Powder, Other Technologies), end-user industry (General Industrial, Protective Coatings), and resin type (Epoxy, Polyurethane, Acrylic, Polyester, Other Resin Types). Each segment's growth projection, market size, and competitive dynamics are analyzed in detail, providing insights into their specific opportunities and challenges. For example, the water-borne coatings segment is expected to witness significant growth, driven by environmental regulations and increasing demand for sustainable solutions.

Key Drivers of Australia Industrial Coatings Market Growth

The growth of the Australia industrial coatings market is propelled by several factors:

  • Infrastructure Development: Significant investment in infrastructure projects is a primary driver.
  • Industrial Growth: Expansion in various industrial sectors contributes substantially to demand.
  • Technological Advancements: Development of high-performance and sustainable coatings enhances market growth.
  • Stringent Environmental Regulations: The need to comply with environmental regulations drives the adoption of eco-friendly coatings.

Challenges in the Australia Industrial Coatings Market Sector

The Australian industrial coatings market faces several challenges:

  • Fluctuating Raw Material Prices: Volatility in raw material costs impacts profitability.
  • Stringent Environmental Regulations: Meeting increasingly strict environmental norms can be costly.
  • Intense Competition: Competition from both domestic and international players is fierce.
  • Supply Chain Disruptions: Global supply chain disruptions can affect product availability and cost.

Leading Players in the Australia Industrial Coatings Market Market

  • AkzoNobel N V
  • Chugoku Marine Paints Ltd
  • The Sherwin-Williams Company
  • Jotun
  • RPM International Inc
  • Beckers Group
  • BASF SE
  • Axalta Coating Systems
  • Hempel A/S
  • Sika AG
  • PPG Industries
  • Dulux Protective Coatings
  • Wacker Chemie AG

Key Developments in Australia Industrial Coatings Market Sector

  • June 2022: PPG introduced the PPG ENVIROCRON™ LUM coating, the industry's first commercial retroreflective powder coating, enhancing safety applications.
  • February 2021: Hempel's acquisition of Wattyl strengthened its market position in Australia.

Strategic Australia Industrial Coatings Market Market Outlook

The Australian industrial coatings market exhibits substantial growth potential. Continued infrastructure development, industrial expansion, and the increasing adoption of advanced, sustainable coating technologies will drive market expansion. Strategic opportunities exist for companies focusing on innovation, sustainability, and providing specialized solutions to meet the diverse needs of various end-user industries. The market is poised for steady growth, driven by technological advancements and the strengthening economy.

Australia Industrial Coatings Market Segmentation

  • 1. Resin Type
    • 1.1. Epoxy
    • 1.2. Polyurethane
    • 1.3. Acrylic
    • 1.4. Polyester
    • 1.5. Other Resin Types
  • 2. Technology
    • 2.1. Water-borne Coatings
    • 2.2. Solvent-borne Coatings
    • 2.3. Powder
    • 2.4. Other Technologies
  • 3. End-user Industry
    • 3.1. General Industrial
    • 3.2. Protective Coatings
      • 3.2.1. Oil and Gas
      • 3.2.2. Power
      • 3.2.3. Infrastructure
      • 3.2.4. Other End-user Industries

Australia Industrial Coatings Market Segmentation By Geography

  • 1. Australia
Australia Industrial Coatings Market Regional Share

Australia Industrial Coatings Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of > 3.00% from 2019-2033
Segmentation
    • By Resin Type
      • Epoxy
      • Polyurethane
      • Acrylic
      • Polyester
      • Other Resin Types
    • By Technology
      • Water-borne Coatings
      • Solvent-borne Coatings
      • Powder
      • Other Technologies
    • By End-user Industry
      • General Industrial
      • Protective Coatings
        • Oil and Gas
        • Power
        • Infrastructure
        • Other End-user Industries
  • By Geography
    • Australia

Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Increasing Demand for Protective Coatings; Increasing Usage of Corrosion Coatings
      • 3.3. Market Restrains
        • 3.3.1. Harmful Environmental Impact of Solvent-borne Coatings; Other Restraints
      • 3.4. Market Trends
        • 3.4.1. Oil and Gas Segment to Dominate the Market
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Australia Industrial Coatings Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Resin Type
      • 5.1.1. Epoxy
      • 5.1.2. Polyurethane
      • 5.1.3. Acrylic
      • 5.1.4. Polyester
      • 5.1.5. Other Resin Types
    • 5.2. Market Analysis, Insights and Forecast - by Technology
      • 5.2.1. Water-borne Coatings
      • 5.2.2. Solvent-borne Coatings
      • 5.2.3. Powder
      • 5.2.4. Other Technologies
    • 5.3. Market Analysis, Insights and Forecast - by End-user Industry
      • 5.3.1. General Industrial
      • 5.3.2. Protective Coatings
        • 5.3.2.1. Oil and Gas
        • 5.3.2.2. Power
        • 5.3.2.3. Infrastructure
        • 5.3.2.4. Other End-user Industries
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. Australia
  6. 6. Competitive Analysis
    • 6.1. Market Share Analysis 2024
      • 6.2. Company Profiles
        • 6.2.1 AkzoNobel N V
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 Chugoku Marine Paints Ltd
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 The Sherwin-Williams Company
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 Jotun
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 RPM International Inc
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 Beckers Group
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 BASF SE
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)
        • 6.2.8 Axalta Coating Systems
          • 6.2.8.1. Overview
          • 6.2.8.2. Products
          • 6.2.8.3. SWOT Analysis
          • 6.2.8.4. Recent Developments
          • 6.2.8.5. Financials (Based on Availability)
        • 6.2.9 Hempel A/S
          • 6.2.9.1. Overview
          • 6.2.9.2. Products
          • 6.2.9.3. SWOT Analysis
          • 6.2.9.4. Recent Developments
          • 6.2.9.5. Financials (Based on Availability)
        • 6.2.10 Sika AG
          • 6.2.10.1. Overview
          • 6.2.10.2. Products
          • 6.2.10.3. SWOT Analysis
          • 6.2.10.4. Recent Developments
          • 6.2.10.5. Financials (Based on Availability)
        • 6.2.11 PPG Industries
          • 6.2.11.1. Overview
          • 6.2.11.2. Products
          • 6.2.11.3. SWOT Analysis
          • 6.2.11.4. Recent Developments
          • 6.2.11.5. Financials (Based on Availability)
        • 6.2.12 Dulux Protective Coatings
          • 6.2.12.1. Overview
          • 6.2.12.2. Products
          • 6.2.12.3. SWOT Analysis
          • 6.2.12.4. Recent Developments
          • 6.2.12.5. Financials (Based on Availability)
        • 6.2.13 Wacker Chemie AG*List Not Exhaustive
          • 6.2.13.1. Overview
          • 6.2.13.2. Products
          • 6.2.13.3. SWOT Analysis
          • 6.2.13.4. Recent Developments
          • 6.2.13.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Australia Industrial Coatings Market Revenue Breakdown (Million, %) by Product 2024 & 2032
  2. Figure 2: Australia Industrial Coatings Market Share (%) by Company 2024

List of Tables

  1. Table 1: Australia Industrial Coatings Market Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: Australia Industrial Coatings Market Volume liter Forecast, by Region 2019 & 2032
  3. Table 3: Australia Industrial Coatings Market Revenue Million Forecast, by Resin Type 2019 & 2032
  4. Table 4: Australia Industrial Coatings Market Volume liter Forecast, by Resin Type 2019 & 2032
  5. Table 5: Australia Industrial Coatings Market Revenue Million Forecast, by Technology 2019 & 2032
  6. Table 6: Australia Industrial Coatings Market Volume liter Forecast, by Technology 2019 & 2032
  7. Table 7: Australia Industrial Coatings Market Revenue Million Forecast, by End-user Industry 2019 & 2032
  8. Table 8: Australia Industrial Coatings Market Volume liter Forecast, by End-user Industry 2019 & 2032
  9. Table 9: Australia Industrial Coatings Market Revenue Million Forecast, by Region 2019 & 2032
  10. Table 10: Australia Industrial Coatings Market Volume liter Forecast, by Region 2019 & 2032
  11. Table 11: Australia Industrial Coatings Market Revenue Million Forecast, by Country 2019 & 2032
  12. Table 12: Australia Industrial Coatings Market Volume liter Forecast, by Country 2019 & 2032
  13. Table 13: Australia Industrial Coatings Market Revenue Million Forecast, by Resin Type 2019 & 2032
  14. Table 14: Australia Industrial Coatings Market Volume liter Forecast, by Resin Type 2019 & 2032
  15. Table 15: Australia Industrial Coatings Market Revenue Million Forecast, by Technology 2019 & 2032
  16. Table 16: Australia Industrial Coatings Market Volume liter Forecast, by Technology 2019 & 2032
  17. Table 17: Australia Industrial Coatings Market Revenue Million Forecast, by End-user Industry 2019 & 2032
  18. Table 18: Australia Industrial Coatings Market Volume liter Forecast, by End-user Industry 2019 & 2032
  19. Table 19: Australia Industrial Coatings Market Revenue Million Forecast, by Country 2019 & 2032
  20. Table 20: Australia Industrial Coatings Market Volume liter Forecast, by Country 2019 & 2032

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Australia Industrial Coatings Market?

The projected CAGR is approximately > 3.00%.

2. Which companies are prominent players in the Australia Industrial Coatings Market?

Key companies in the market include AkzoNobel N V, Chugoku Marine Paints Ltd, The Sherwin-Williams Company, Jotun, RPM International Inc, Beckers Group, BASF SE, Axalta Coating Systems, Hempel A/S, Sika AG, PPG Industries, Dulux Protective Coatings, Wacker Chemie AG*List Not Exhaustive.

3. What are the main segments of the Australia Industrial Coatings Market?

The market segments include Resin Type, Technology, End-user Industry.

4. Can you provide details about the market size?

The market size is estimated to be USD 2860 Million as of 2022.

5. What are some drivers contributing to market growth?

Increasing Demand for Protective Coatings; Increasing Usage of Corrosion Coatings.

6. What are the notable trends driving market growth?

Oil and Gas Segment to Dominate the Market.

7. Are there any restraints impacting market growth?

Harmful Environmental Impact of Solvent-borne Coatings; Other Restraints.

8. Can you provide examples of recent developments in the market?

June 2022: PPG introduced the PPG ENVIROCRONTM LUM coating, the industry's first commercial retroreflective powder coating. The patent-pending layer is designed to aid vision at night and in low-light conditions.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million and volume, measured in liter .

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Australia Industrial Coatings Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Australia Industrial Coatings Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Australia Industrial Coatings Market?

To stay informed about further developments, trends, and reports in the Australia Industrial Coatings Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

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Polyurethane Adhesives Industry XX CAGR Growth Analysis 2025-2033

Discover the booming polyurethane adhesives market! This in-depth analysis reveals a CAGR exceeding 5.30%, driven by automotive, construction, and healthcare sectors. Explore market size, segmentation, key players (Henkel, 3M, Pidilite), and future trends impacting this rapidly expanding industry.

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Base Year: 2024
No Of Pages: 197
Price: $3800

Strategic Analysis of Naphthalene Sulfonate Market Market Growth 2025-2033

Discover the latest market trends and analysis for the Naphthalene Sulfonate market, projected to grow at a CAGR exceeding 3% to 2033. This in-depth report covers market size, key drivers, restraints, and leading companies, offering valuable insights for investors and industry stakeholders. Explore regional market shares and future growth potential.

July 2025
Base Year: 2024
No Of Pages: 234
Price: $4750

Europe Aramid Fiber Market Industry Growth Trends and Analysis

Discover the booming European aramid fiber market! Explore key drivers, trends, and restraints influencing this high-growth sector, projected to exceed €1.5 billion by 2033. Learn about leading companies and regional market share.

July 2025
Base Year: 2024
No Of Pages: 234
Price: $4750

Polymer Binder Market Market’s Technological Evolution: Trends and Analysis 2025-2033

Discover the booming Polymer Binder Market forecast to 2033! This in-depth analysis reveals key trends, drivers, restraints, and segment-wise growth in acrylic, vinyl acetate, and other types across major regions. Explore market size, CAGR, and leading companies like Arkema, BASF, and Dow.

July 2025
Base Year: 2024
No Of Pages: 234
Price: $4750

Strategic Roadmap for Polished Concrete Market Industry

Discover the booming polished concrete market! This comprehensive analysis reveals key trends, drivers, and restraints shaping this high-growth sector (CAGR > 6%), including regional insights and leading companies. Explore the lucrative opportunities in residential, commercial, and industrial applications.

July 2025
Base Year: 2024
No Of Pages: 234
Price: $4750
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