Global Non-Liquid Coating Market Size, Share, and COVID-19 Impact Analysis, By Type (Powder Coating, Film Coating, and Others), By Application (Automotive, Aerospace, Construction, Electronics, Industrial, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Global Non-Liquid Coating Market Insights Forecasts to 2033

• The Global Non-Liquid Coating Market Size was estimated at USD 7.64 Billion in 2023
• The Global Non-Liquid Coating Market Size is Expected to Grow at a CAGR of around 9.45% from 2023 to 2033
• The Worldwide Non-Liquid Coating Market Size is Expected to Reach USD 18.85 Billion by 2033
• Asia Pacific is expected to grow the fastest during the forecast period.

The Global Non-Liquid Coating Market Size is expected to cross USD 18.85 Billion by 2033, growing at a CAGR of 9.45% from 2023 to 2033. A different factor driving this trend is the advancement of advanced driver assistance systems (ADAS) in automobiles, which call for particular coatings for maintenance and repair to meet OEM requirements.  

Market Overview  

The market segment focused on coatings applied in non-liquid forms is known as the non-liquid coating market. These coatings, which can be solid solids, films, or powders, are applied to surfaces for a variety of reasons, such as protection, aesthetics, or improving their functional performance. The most common methods for applying non-liquid coatings are thermal spraying, electrostatic spraying, and powder coating. Non-liquid coating market is a type of powder coating that is applied to the final products to shield them from environmental harm such as rust. Growing end-use industries such as general industrial, automotive, and appliance sectors are driving the non-liquid coating market. The substantial worldwide investments in building and infrastructure development are anticipated to drive market growth for non-liquid coatings used in architectural applications. One of the primary trends driving this market is the growing need for high-performance and long-lasting coatings across a range of sectors.      

Report Coverage

This research report categorizes the non-liquid coating market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the non-liquid coating market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the non-liquid coating market.

Driving Factors

The current construction boom and the industry's shift to more sustainable and high-performance coating solutions are expected to drive the growth of non-liquid coatings market. The development of coating materials and application methods is another important factor driving the market's expansion.  The growing need for sustainable and ecologically friendly coating solutions is one of the key factors driving the growth of the non-liquid coating market. The increasing infrastructural development and urbanization, especially in emerging markets, are major factors driving market expansion.  

Restraining Factors

The high initial cost of sophisticated coating materials and methods is one of the main constraints. Small and medium-sized businesses (SMEs) with tight budgets may find non-liquid coatings prohibitively expensive upfront, despite their greater performance and environmental advantages.   

Market Segmentation

The non-liquid coating market share is classified into type and application.      

• The powder coating segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the type, the non-liquid coating market is divided into powder coating, film coating, and others. Among these, the powder coating segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Applied as a dry, free-flowing powder, powder coatings are heated to provide a hard finish. Powder coating is an environmentally safe choice as it produces little volatile organic compounds due to the lack of solvents.  

• The automotive segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the application, the non-liquid coating market is divided into automotive, aerospace, construction, electronics, industrial, and others. Among these, the automotive segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Non-liquid coatings are commonly used in the automotive industry for both protection and cosmetic reasons. Particularly, powder coatings are favored due to their exceptional endurance and quality.

Regional Segment Analysis of the Non-Liquid Coating Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the non-liquid coating market over the predicted timeframe.

North America is anticipated to hold the largest share of the non-liquid coating market over the predicted timeframe. A substantial portion of the non-liquid coating market is dominated by the North American region due to the existence of well-established companies and the rapid uptake of cutting-edge coating technologies. The automotive, aerospace, and electronics industries in the US in particular have high demand, making the US a significant contributor to the industry. Due to stricter regulations on volatile organic compounds, the US Environmental Protection Agency observed an 8% rise in the use of powder coatings in a variety of industries.

Asia Pacific is expected to grow at the fastest CAGR growth of the non-liquid coating market during the forecast period. The Asia Pacific region's rapid industrialization, growing infrastructure, and booming automobile industry have made it the key market for non-liquid coatings. Rapid urbanization, infrastructure development, and industrialization in nations like China and India are driving the Asia-Pacific region. The National Bureau of Statistics in China reports that powder coating production rose compared to the prior year.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the non-liquid coating market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Evonik Industries
• PPG Industries Inc.
• AkzoNobel NV
• Nippon Paint Holdings Co., Ltd.
• Axalta Coating Systems
• Kansai Paints Company Ltd.
• PPG Industries, Inc.
• RPM International Inc
• Axalta Coating Systems Ltd.
• BASF SE
• Jotun
• Kansai Paint Co., Ltd.
• The Sherwin -Williams Company
• Others  

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In July 2024, Elementis, a top provider of specialized chemicals for paint, coatings, and industrial aqueous applications, announced that the NiSAT (Non-Ionic Synthetic Associative Thickeners) technology manufacturing has expanded in China, marking a significant advancement for the coatings industry.  

• In August 2023, Thin 'liquid-like' coatings at the nanoscale opened the door to a world that cleans itself. Oil molecules may chemically adhere to solid surfaces in extremely thin layers while retaining their "liquid-like" characteristics, according to research from the University of Sydney. New possibilities for the creation of environmentally friendly non-stick materials are created by this discovery.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the non-liquid coating market based on the below-mentioned segments: 

Global Non-Liquid Coating Market, By Type  

• Powder Coating
• Film Coating
• Others

Global Non-Liquid Coating Market, By Application

• Automotive
• Aerospace
• Construction
• Electronics
• Industrial
• Others

Global Non-Liquid Coating Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa