Australia Industrial Coating Market Report and Forecast 2032

Australia Industrial Coating Market Insights & Analysis

The Australia Industrial Coating Market is anticipated to register a CAGR of around 2.6% during the forecast period, i.e., 2025-32. Also, the market size was valued at nearly USD 865.5 Million in 2024. The mounting automotive, construction, marine, and manufacturing industries are driving the constant upsurge of the Australia Industrial Coating Market. Due to stringent environmental limitations, there is a booming trend for low-VOC (volatile organic compound) & water-based coatings, which is encouraging the market for environmentally friendly coatings.

Australia Industrial Coating Market FY32

• Study Period: 2020- 2032


• Base Year: 2024


• CAGR(2025-2032): 2.6%


• Market Value 2024: USD 865.5 Million


• Major Players: Axalta Coating Systems, LLC, BASF SE, Jotun A/S, PPG Industries, Inc., Wagon Paints Australia Pty Ltd., AkzoNobel N.V., Sherwin-Williams Company, Wacker Chemie AG, Hempel A/S, DuluxGroup Limited, Others 

The industry is also influenced by varied key aspects that contribute to its growth:

• To shield machinery, pipelines, and infrastructure from corrosion & adversative environmental conditions, country’s widespread mining and oil & gas industries require long-lasting coatings.
• The Australia Industrial Coating Industry is foreseen to upscale due to the rising need for protective coatings for transportation vehicles & automobile refurbishing.
• Self-healing coatings, anti-microbial coatings, and coatings based on nanotechnology are becoming more predominant as they provide enhanced durability & performance. Also, industrial coatings are vital for lengthening the machinery life, storage tanks, and marine vessels, primarily in coastal & industrial areas that are prone to corrosion.
• The requirement for anti-fouling & anti-corrosion coatings for ships, offshore structures, and port infrastructure is driven by Australia's long coastline & increasing marine activity.
• The market companies are being pushed to find sustainable solutions by growing awareness of & government incentives for environmental-friendly & recyclable coatings. Along with this, the demand for industrial coatings is solid owing to the requirement for machinery, equipment, and infrastructure to be maintained & recoated.

Moreover, all things considered, the Australia Industrial Coating Market is being shaped by advances in technology, sustainability trends, and intensifying end-use sectors, guaranteeing sustained growth in spite of complications like the cost of raw materials & complying with regulations.