The global industrial coatings market is expected to be valued at US$ 83,482.1 Mn in 2020 and growing at a CAGR of 6.1% over the forecast period to reach US$ 123.3 Bn by 2027. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global industrial coatings market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). owing to increasing demand for environmentally friendly industrial coatings coupled with rising demand from Asia Pacific region are the major factors driving the growth of the market over the forecast period. Furthermore, rise in the usage of nano-coatings and incessant demand for novel products with lifetime and reduced maintenance are expected to boost the growth of the market. Moreover, the number of automobile manufacturing plants are being continuously increased which creates huge opportunities for the coatings to enhance the market. However, stringent regulatory guidelines and difficulty in obtaining thin films in powder coatings are anticipated to hinder the growth of the market.