5.2.1.3Vertical

Industrial Coatings & Surface Treatment

Manufacturers of anti-corrosion and protective industrial coatings.

Market snapshot

These figures describe Adhesives, Sealants & Coatings (5.2.1), the segment that Industrial Coatings & Surface Treatment sits within — not Industrial Coatings & Surface Treatment on its own.

Market size
~$25B
Growth
~5.3%CAGR (2017–22, nominal)
Companies
~840
FragmentationConsolidatingEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 325520 (Adhesives) + 325910 (Printing Ink Manufacturing).

Business model & economics

Revenue model

Specialty adhesive, sealant, and ink sales

Key economics

Recurring revenue
Moderate

recurring assembly and packaging demand

EBITDA margin
Specialty-formulation-driven
Capex intensity
Moderate

Characteristics

  • Serves packaging, construction, automotive, and assembly.
  • Lightweighting and adhesive-assembly trends support growth.
  • Formulation expertise and specialty positioning matter.

Geographic concentration

AlabamaAlaskaArizonaColoradoFloridaGeorgiaIndianaKansasMaineMassachusettsMinnesotaNew JerseyNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingConnecticutWest VirginiaIllinoisNew MexicoArkansasCaliforniaDelawareDistrict of ColumbiaHawaiiIowaMarylandMichiganMississippiMontanaNew HampshireNew YorkOregonTennesseeUtahVirginiaWashingtonWisconsinNebraskaIdahoNevadaVermontLouisianaRhode IslandMissouriKentuckyOhioSouth Carolina

Adhesives, sealants, and coatings manufacturing concentrates in Kentucky, Ohio, Missouri, and South Carolina, co-located with the automotive and industrial markets it serves.

KentuckyOhioMissouriSouth Carolina

U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 325520. Concentration shown by location quotient.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Adhesives & specialty-chemical majors
  • Formulation consolidators
  • PE-backed platforms

What’s driving deals

  • Consolidation around formulation expertise.
  • Lightweighting and adhesive-assembly demand.
  • Specialty and end-market positioning.

Find Industrial Coatings & Surface Treatment acquisition targets

Search Acquisera’s index for companies classified under Industrial Coatings & Surface Treatment (5.2.1.3) and build a targeted deal pipeline.

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