Global Paints and coatings market is projected to grow at a CAGR over 5.6% during the period 2017-2027

Study Objectives of Paints and Coatings

  • To provide detailed analysis of the market structure along with forecast for the next ten years of the various segments and sub-segments of the global Paints and Coatings market
  • To provide insights about factors affecting the market growth
  • To Analyze the Paints and Coatings market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segment by Type, Applications, End Users and its sub-segments.
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Paints and Coatings market

 

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Market Synopsis of Paints and Coatings

Market Scenario

Paints and coatings are liquid or mastic composition, which converts into a solid film after being applied upon a substrate in a thin layer. Paints and coatings are used for functional or decorative purpose. The world is becoming more sophisticated place with the increasing urbanization and growing quality of life. The increasing demand from the construction and manufacturing industries are driving the growth of the global paints and coatings market. The technological enhancements are providing ample opportunities for the growth of the paints and coatings market, during the forecast period.

Key Findings

  • The global paints and coatings market is driven by advancements in the end user industries of paints and coatings, and growing infrastructural developments.
  • The global paints and coatings market is expected to witness significant growth in industrial paints and coatings with a CAGR of 4.3% in terms of volume and 5.6% in terms of value, during the forecast period, which is influenced largely by increasing waterborne recreational activities and global defense expenditure.
  • The Asia-Pacific paints and coatings market is expected to grow with the highest CAGR of XX% in terms of volume and XX% in terms of value in the forecast period, due to developing infrastructures, growing per capita income of the global population, and increasing urbanization in the region.

Segments
Segmentation by Product
Segmentation of Paints and Coating Devices by products: Architectural and decorative (Water based, Solvent based), Industrial (Water based, Solvent based, Powder, UV based), Marine

Regional Analysis of Paints and Coatings
The North American paints and coatings market is growing primarily, due to the increasing number of industries in the region. An average annual population growth of approximately X% is witnessed in the region, which in turn, is generating demand for new houses and increased supply of consumer durable goods. In terms of volume, the U.K. paints and coatings market is expected to grow with the highest CAGR of XX%, among the countries of European region in the forecast period. While in terms of value, the U.K. and Germany are expected to grow with an equal CAGR rate of XX%, in the forecast period.

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Key Players
Akzo Nobel N.V, PPG Industries, The Sherwin-Williams Company, RPM International Inc, The Valspar Corporation, Kansai Paint Co., Ltd., Axalta Coating Systems Ltd.
Americas

  • North America
  • US
  • Canada
  • Latin America

Europe

  • Western Europe
  • Germany
  • France
  • Italy
  • Spain
  • U.K
  • Rest of Western Europe
  • Eastern Europe

Asia– Pacific

Asia

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia

Pacific

The Middle East & Africa

The report for Paints and Coatings of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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