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Global Finishing Coatings Market by Type (Natural material, Artifical material), By Application (Manufacturing, Construction Industry, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-526
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 83
  • No. Of Pages: 214
  • Format:
  • Pub. Date: 2021-03-01
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The Global Finishing Coatings Market size is expected to reach USD 180.03 Billion by 2028 and is expected to grow at a CAGR of 3.3% during the forecast period, 2021-2028, due to the increasing demand for paints and coatings in various application areas such as manufacturing, construction industry, and others. The growth of this market is also driven by the need for coating materials that are environment-friendly and sustainable.


Finishing Coatings are a type of coating that is applied on the surface to provide protection and finish. They are typically used for aesthetic purposes or in industrial applications where corrosion prevention, chemical resistance, or other protective properties may be needed. In some cases, finishing coatings can be considered as complete surfaces such as flooring materials like epoxy, polyurethane, or acrylic sealer. Finishing coatings can be classified as natural material and artificial materials depending on the content of pigments or other additives used in its formulation.


On the basis of Types, the market is segmented into natural material and artificial material.


Natural Material Finishing Coatings:

Natural material finishing coatings are usually based on a natural resin, such as linseed oil or tung oil. They also may include various pigments mixed with the base binder to give them color and opacity. Other materials that can be used in these formulations could include wood flour for filler, ground shellac flakes for a gloss coating, powdered alumina which is an abrasive agent, and waxes of different kinds. Natural finishing coatings contain no chemical additives and have low toxicity levels when compared to artificial ones.


Artificial Material Finishing Coatings:

Artificial finishing coatings are usually based on chemical binders, such as alkyd resins or polyurethane. They can also contain some organic pigments and /or inorganic fillers to give them color without opacity. The main difference between natural vs artificial is that the latter contains some additives which have a higher toxicity level than their counterparts while having better durability levels when exposed to harsh environments.


On the basis of Application, the market is segmented into manufacturing, construction industry, and others. Manufacturers of the finishing coatings are usually large-scale companies in various industries with a long history of manufacturing paints or other painting products such as automobiles, furniture, household appliances, etc.



The use of finishing coatings in manufacturing is usually to increase the longevity and durability of a product. Finishing coatings are applied after painting, varnish or any other type of coating has been completed on a surface that needs protection from outdoor elements such as sun, weathering, abrasion, etc. Furthermore, they can be used for decorative purposes too which involves applying colors over existing coats in order to create an aesthetically pleasing effect that lasts months before needing reapplication again.



The use of finishing coatings in the construction industry is very important. One example where they are applied often is on exterior walls and ceilings, which provides protection from sun damage, weathering, or water-related damages as well as a decorative enhancement for an aesthetically pleasing effect that lasts months before needing reapplication again.

Finishing coatings can also be used to protect furniture such as sofas or armchairs by applying it to their surfaces - this helps keep them protected against scratches caused by pets, children, or everyday wear and tear while adding a layer of luxurious appeal that sets them apart from other types of upholstery without additional colors being applied. They are commonly seen on hardwood floors too because they offer excellent scratch resistance along with lasting protection from spills or stains.


On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and Latin America. The North American market is expected to be the fastest-growing market in terms of revenue. The main reason for this is that the region has a high per capita income and an established infrastructure which leads to higher demand from both the manufacturing and construction industry.

The Asia Pacific finishing coatings market is projected to grow at the highest CAGR between 2021-2028 due to its rising economy as well as increasing export opportunities. Latin America will continue experiencing volatility with fluctuations in currency values owing to volatile economic conditions

Europe stands out among all regions because it hosts major manufacturers such as AkzoNobel NV (the Netherlands), BASF SE (Germany), and PPG Industries Inc., the USA who are investing heavily in research activities related to finishing coats.


Growth Factors For The Global Finishing Coatings Market:

The global finishing coatings market is driven by the increasing demand for high-quality, paint products. The growing need to ensure the safety and quality of environments has led to increased spending on building paints and other finishes in order to improve indoor air quality.

Growth drivers include:

  • Increasing use of eco-friendly materials such as natural fiberglass or biodegradable plastic.
  • Growing requirement for safe surfaces that are free from volatile organic compounds (VOC) emissions.
  • Stringent environmental regulations across governments require companies to manufacture more environmentally friendly products with less hazardous ingredients which also drive up sales of finishing coatings globally.

Up Market Research published a new report titled “Finishing Coatings Market research report which is segmented by Types (Natural material, Artifical material), By Applications (Manufacturing, Construction Industry, Other), By Players/Companies Huntsman Corporation, Sumitomo Chemicals, Dow Chemical Company, BASF, Bayer, Kemira, Archroma, Evonik Industries, FCL, HT Fine Chemical, Kapp-Chemie, Nicca Chemical, Omnova Solutions, Organic Dyes and Pigments, Pulcra Chemicals, Resil Chemicals, Rudolf, Lubrizol Corporation”. 


Report Scope

Report Attributes Report Details
Report Title Finishing Coatings Market Research Report
By Type Natural material, Artifical material
By Application Manufacturing, Construction Industry, Other
By Companies Huntsman Corporation, Sumitomo Chemicals, Dow Chemical Company, BASF, Bayer, Kemira, Archroma, Evonik Industries, FCL, HT Fine Chemical, Kapp-Chemie, Nicca Chemical, Omnova Solutions, Organic Dyes and Pigments, Pulcra Chemicals, Resil Chemicals, Rudolf, Lubrizol Corporation
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 214
Number of Tables & Figures 150
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Finishing Coatings Industry Outlook

Global Finishing Coatings Market Report Segments:

The market is segmented by Type Natural material, Artifical material and By Application Manufacturing, Construction Industry, Other.


Some of the companies that are profiled in this report are:

  1. Huntsman Corporation
  2. Sumitomo Chemicals
  3. Dow Chemical Company
  4. BASF
  5. Bayer
  6. Kemira
  7. Archroma
  8. Evonik Industries
  9. FCL
  10. HT Fine Chemical
  11. Kapp-Chemie
  12. Nicca Chemical
  13. Omnova Solutions
  14. Organic Dyes and Pigments
  15. Pulcra Chemicals
  16. Resil Chemicals
  17. Rudolf
  18. Lubrizol Corporation

Finishing Coatings Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Finishing Coatings Market

Overview of the regional outlook of the Finishing Coatings Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Finishing Coatings Market Overview

Highlights of The Finishing Coatings Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Finishing Coatings Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Natural material

                2. Artifical material

       7. By Application:

                1. Manufacturing

                2. Construction Industry

                3. Other

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Finishing Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Finishing Coatings Market Statistics

Reasons to Purchase the Finishing Coatings Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Finishing Coatings Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Finishing Coatings Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Finishing Coatings Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Finishing Coatings Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Finishing Coatings Market Size & Forecast, 2018-2028 
      4.5.1 Finishing Coatings Market Size and Y-o-Y Growth 
      4.5.2 Finishing Coatings Market Absolute $ Opportunity 

Chapter 5 Global Finishing Coatings Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Finishing Coatings Market Size Forecast by Type
      5.2.1 Natural material
      5.2.2 Artifical material
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Finishing Coatings Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Finishing Coatings Market Size Forecast by Applications
      6.2.1 Manufacturing
      6.2.2 Construction Industry
      6.2.3 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Finishing Coatings Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Finishing Coatings Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Finishing Coatings Analysis and Forecast
   9.1 Introduction
   9.2 North America Finishing Coatings Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Finishing Coatings Market Size Forecast by Type
      9.6.1 Natural material
      9.6.2 Artifical material
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Finishing Coatings Market Size Forecast by Applications
      9.10.1 Manufacturing
      9.10.2 Construction Industry
      9.10.3 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Finishing Coatings Analysis and Forecast
   10.1 Introduction
   10.2 Europe Finishing Coatings Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Finishing Coatings Market Size Forecast by Type
      10.6.1 Natural material
      10.6.2 Artifical material
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Finishing Coatings Market Size Forecast by Applications
      10.10.1 Manufacturing
      10.10.2 Construction Industry
      10.10.3 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Finishing Coatings Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Finishing Coatings Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Finishing Coatings Market Size Forecast by Type
      11.6.1 Natural material
      11.6.2 Artifical material
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Finishing Coatings Market Size Forecast by Applications
      11.10.1 Manufacturing
      11.10.2 Construction Industry
      11.10.3 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Finishing Coatings Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Finishing Coatings Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Finishing Coatings Market Size Forecast by Type
      12.6.1 Natural material
      12.6.2 Artifical material
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Finishing Coatings Market Size Forecast by Applications
      12.10.1 Manufacturing
      12.10.2 Construction Industry
      12.10.3 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Finishing Coatings Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Finishing Coatings Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Finishing Coatings Market Size Forecast by Type
      13.6.1 Natural material
      13.6.2 Artifical material
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Finishing Coatings Market Size Forecast by Applications
      13.10.1 Manufacturing
      13.10.2 Construction Industry
      13.10.3 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Finishing Coatings Market: Competitive Dashboard
   14.2 Global Finishing Coatings Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Huntsman Corporation
      14.3.2 Sumitomo Chemicals
      14.3.3 Dow Chemical Company
      14.3.4 BASF
      14.3.5 Bayer
      14.3.6 Kemira
      14.3.7 Archroma
      14.3.8 Evonik Industries
      14.3.9 FCL
      14.3.10 HT Fine Chemical
      14.3.11 Kapp-Chemie
      14.3.12 Nicca Chemical
      14.3.13 Omnova Solutions
      14.3.14 Organic Dyes and Pigments
      14.3.15 Pulcra Chemicals
      14.3.16 Resil Chemicals
      14.3.17 Rudolf
      14.3.18 Lubrizol Corporation
Segments Covered in the Report
The global Finishing Coatings market has been segmented based on

By Types
  • Natural material
  • Artifical material
By Applications
  • Manufacturing
  • Construction Industry
  • Other
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Huntsman Corporation
  • Sumitomo Chemicals
  • Dow Chemical Company
  • BASF
  • Bayer
  • Kemira
  • Archroma
  • Evonik Industries
  • FCL
  • HT Fine Chemical
  • Kapp-Chemie
  • Nicca Chemical
  • Omnova Solutions
  • Organic Dyes and Pigments
  • Pulcra Chemicals
  • Resil Chemicals
  • Rudolf
  • Lubrizol Corporation

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