Performance coatings
market overview

Market and business characteristics

The size of the global market for performance coatings is around €40 billion.

General industrial coatings

Metal and plastic coatings for a wide range of applications – from huge industrial equipment to the latest mobile phones and music players, computers, espresso machines and sporting goods.

Protective coatings

Corrosion and fire protection across a range of industries including upstream and downstream oil and gas, high value infrastructure such as airports and stadia, power generation, mining and minerals and water and waste water.

Vehicle refinishes

Recoating of automobile bodies when vehicles are repaired.

Automotive OEM

Coatings for commercial vehicles (trucks and buses) and automotive plastic components.

Aerospace coatings

Coatings for small and large aircraft, including products for exterior and interior finishes. Primers for structural components and coatings for high performance exterior and interior finishes.

Powder coatings

Powder technology involves a coating being applied electrostatically. It is sprayed and then subsequently cured by applying heat, either in an oven or by using infrared or UV light irradiation.

Wood finishes and adhesives

Wood coatings for home and office furniture, flooring, kitchen and bath cabinetry, windows and doors. Adhesives are the bonding agents for wood composites and laminates used in these applications.

Marine coatings

Coatings for deep sea and inland marine vessels at new construction or for maintenance that protect against corrosion and abrasion and provide resistance to organic fouling.

Yacht coatings

The most advanced coatings systems to protect and beautify leisure craft, from the smallest dinghy to the largest and most luxurious super yacht.

Coil and extrusion coatings

Coil coatings are applied to coiled steel for heating, ventilation, air conditioning and appliances, and in commercial and residential construction to protect metal roofs and building components. Extrusion coatings give aluminum lasting beauty when used on metal building fascias and window frames and provide protection from the elements.

Packaging coatings

Coatings for packaging which are applied to internal and external surfaces for food and drink cans, caps and closures and cardboard and plastic packaging.

Customers

We serve a large range of customers including shipyards and yacht builders, architects, consumer electronics and appliance companies, can makers, steel manufacturers, the construction industry, furniture makers, aircraft, bus and truck producers and bodyshops.

Global market drivers

• • Growing populations and GDP growth
• • Steel production
• • Consumer confidence
• • Infrastructure development
• • Housing market activities

High growth markets

Projected industry growth is strong, particularly in Asia Pacific. More than 45 percent of our Performance Coatings revenue is in high growth markets.

Innovations

• Automobile scratch repair systems
• Low-bake powder coatings
• Self-repairing clearcoat
• Foul release coatings
• Waterborne coatings technology