Paints & Coatings Market Size, Share, Analysis Report

Paints & Coatings Market by Resin Type (Epoxy, Acrylic, Polyurethane, & Others), by Technology (Waterborne, High Solids, Powder, Solvent Borne, & Others), by Application (Architectural & Paints) - Global Forecasts to

The global paints and coatings market is expected to reach US$125.0 billion by the end of 2015 and further increase to $190 billion by 2027, at a compound annual growth rate (CAGR) of 3.9% over the period of 2022 through 2027.

Purchase User License

MARKET SNAPSHOT

Major Players

  • AkzoNobel N.V
  • Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company
  • Asian Paints Ltd
  • Bergers Paints India Ltd
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    3

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    A coating is a covering that is applied to the surface of an object, usually referred to as the substrate. The purpose of applying the coating is protective, decorative,functional, or both. The coating itself may be an all-over coating, completely covering the substrate, and cover parts of the substrate.

    The paint and coating market segmented in High Solids/Radiation Cure, Powder Coatings, Waterborne Coatings, and Solvent Borne Technologies. Also for the automotive sector it segmented for Aviation, Medical & Healthcare, Residential, Commercial uses.

    The global paints and coatings market is expected to reach US$125.0 billion by the end of 2015 and further increase to $190 billion by 2027, at a compound annual growth rate (CAGR) of 3.9% over the period of 2022 through 2027.

    This report provides:

    1) An overview of the global market for paints and coatings and related technologies.
    2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
    3) Identifications of new market opportunities and targeted promotional plans for paints and coatings.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry. 

    REPORT SCOPE:

    The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include AkzoNobel N.V., Asian Paints Ltd., Bergers Paints India Ltd., Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company, Diamond Vogel, DowCorning, Helios Group, KCC Corporation, Masco Corporation, PPG Industries etc.company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments. 

    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Paints and Coatings Market has been segmented as below:  

    by Product Segment Analysis

        High solids/radiation cure
        Powder coating
        Waterborne coating
        Solvent-borne technologies
        Others (including specialty coatings, etc.) 

    by End-user Analysis

        Automotive & aviation
        Medical & healthcare
        Residential
        Commercial
        Others (including other industries, special purpose, etc.) 

    by Regional Analysis

        North America
        Europe
        Asia-Pacific
        Rest of the World

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all active and planned coating industry globally.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of coating industry and unit capacity data.
    4) Assess your competitor’s refining portfolio and its evolution. 

    Customization:
    We can offer you custom research reports as per client’s special requirements.

    Below are our new reports

    Syngas & Derivatives Market

    Syngas Chemicals market

    Synthetic Lubricants Market

    Synthetic Quartz Market

    synthetic rubber market

    1  INTRODUCTION    
     1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources

    2 Research Methodology
        2.1 Secondary Data
               2.1.1 Data From Secondary Sources
        2.2 Primary Data
               2.2.1 Data From Primary Sources
               2.2.2 Key Industry Insights
                        2.2.2.1 Breakdown of Primary Interviews
        2.3 Market Size Estimation
               2.3.1 Bottom-Up Approach
               2.3.2 Top-Down Approach
        2.4 Market Breakdown and Data Triangulation
        2.5 Research Assumptions and Limitations
               2.5.1 Assumptions
               2.5.2 Limitations

    3 Executive Summary

    4 Premium Insights
        4.1 Attractive Opportunities in the Paints & Coatings Market
        4.2 Paints & Coatings Market–Major Technologies
        4.3 Paints & Coatings Market in the Asia-Pacific Region
        4.4 Paints & Coatings Market Share, By Region, 2018
        4.5 Paints & Coatings Market: Developed vs Developing Nations
        4.6 Paints & Coatings Market Share (Value), By Application , 2024
        4.7 Paints & Coatings Marketto Witness A Moderate Growth Rate, Between 2018 and 2024
        4.8 Life Cycle Analysis, By Region

    5 Market Overview
        5.1 Introduction
               5.1.1 Paints & Coatings Market, By Resin Type
               5.1.2 Paints & Coatings Market, By Technology
               5.1.3 Paints & Coatings Market, By Application
        5.2 Market Dynamics
               5.2.1 Drivers
                        5.2.1.1 Green Environmental Regulations
                        5.2.1.2 More Durable Coatings With Better Performance and Aesthetics
                        5.2.1.3 Popularity of Tilt-Up Concrete in Building & Construction
                        5.2.1.4 Growth in Appliances, Automotive, Architecture, Furniture, and Other End-Use Industries
                        5.2.1.5 Technological Advancements
                        5.2.1.6 Increasing Applications of Fluoropolymer in Building & Construction
               5.2.2 Restraints
                        5.2.2.1 Cheaper Substitutes – (Waterborne Coating)
                        5.2.2.2 Difficulty in Obtaining Thin Films – (Powder Coating)
                        5.2.2.3 Transportation of Coil Coatings: the Biggest Challenge in the Developing Countries – (Coil Coatings)
                        5.2.2.4 Requires Higher Dry Film Thickness – (Elastomeric Coating)
               5.2.3 Opportunities
                        5.2.3.1 Booming Construction Industry
                        5.2.3.2 Growth Opportunity in Emerging Economies
                        5.2.3.3 Attractive Prospects for Powder Coatings in Shipbuilding and Pipeline Industries –
                        5.2.3.4 Growing Automotive Market in Asia-Pacific and Middle East
               5.2.4 Challenges
                        5.2.4.1 Stringent Regulatory Policies
                        5.2.4.2 Environmental Challenges

    6 Industry Trends
        6.1 Value Chain Analysis
        6.2 Porter’s Five Forces Analysis
               6.2.1 Threat of New Entrants
               6.2.2 Threat of Substitutes
               6.2.3 Bargaining Power of Buyers
               6.2.4 Bargaining Power of Suppliers
               6.2.5 Intensity of Competitive Rivalry

    7 Paints & Coatings Market, By Resin Type
        7.1 Introduction
        7.2 Acrylic
        7.3 Alkyd
        7.4 Epoxy
        7.5 Polyester
        7.6 Polyurethane
        7.7 Others

    8 Paints & Coatings Market, By Technology
        8.1 Introduction
        8.2 Waterborne
               8.2.1 Types of Waterborne Coatings
               8.2.2 Resin Types for Waterborne Coatings
               8.2.3 Applications
               8.2.4 Advantages and Disadvantages
        8.3 Solventborne
               8.3.1 Advantages and Disadvantages
        8.4 High Solids
               8.4.1 Types of High Solids Coating Systems
               8.4.2 Applications
                        8.4.2.1 Product Finishing
                        8.4.2.2 Automotive
               8.4.3 Advantages and Disadvantages
        8.5 Powder
               8.5.1 Types of Powder Coatings
               8.5.2 Advantages and Disadvantages of Powder Coatings
        8.6 Others (UV & EB)
               8.6.1 Resin Systems
               8.6.2 Applications
               8.6.3 Advantages
               8.6.4 Limitations

    9 Paints & Coatings Market, By Application
        9.1 Introduction
        9.2 Architectural Application
        9.3 Industrial Application
               9.3.1 Appliances Coatings
               9.3.2 Automotive Coatings
               9.3.3 General Industrial Coatings
               9.3.4 Furniture Coatings
               9.3.5 High Performance Coatings

    10 Regional Analysis
         10.1 Introduction
         10.2 North America
                 10.2.1 U.S.
                 10.2.2 Canada
                 10.2.3 Mexico
         10.3 Western Europe
                 10.3.1 Germany
                 10.3.2 Italy
                 10.3.3 Spain
                 10.3.4 France
                 10.3.5 Others
         10.4 Asia-Pacific
                 10.4.1 China
                 10.4.2 India
                 10.4.3 Japan
                 10.4.4 South Korea
                 10.4.5 Others
         10.5 RoW
                 10.5.1 Russia
                 10.5.2 Brazil
                 10.5.3 Middle East
                 10.5.4 Others

    11 Competitive Landscape
         11.1 Overview
         11.2 Competitive Situations & Trends
         11.3 Battle for Market Share: Investments & Expansions and New Product Launches Were the Key Strategies (2011–2015)
         11.4 Paints & Coatings Market Share Analysis
         11.5 Investments & Expansions
         11.6 New Product Launches
         11.7 Agreements, Partnerships, Collaborations & Joint Ventures

    12 Company Profiles
         12.1 Introduction
         12.2 Akzonobel N.V.
         12.3 PPG Industries, Inc.
         12.4 The Sherwin-Williams Company
         12.5 Axalta Coating Systems LLC
         12.6 BASF SE
         12.7 Progressive Painting Inc.
         12.8 Jotun A/S
         12.9 The DOW Chemical Company
         12.10 Nippon Paint
         12.11 Asian Paints Limited

    The Paints and Coatings Market has been segmented as below:  

    by Product Segment Analysis

        High solids/radiation cure
        Powder coating
        Waterborne coating
        Solvent-borne technologies
        Others (including specialty coatings, etc.) 

    by End-user Analysis

        Automotive & aviation
        Medical & healthcare
        Residential
        Commercial
        Others (including other industries, special purpose, etc.) 

    by Regional Analysis

        North America
        Europe
        Asia-Pacific
        Rest of the World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 3.9% during the study period (2022-2027)
    The global paints and coatings market is expected to reach US$190 billion by the 2027
    The segment included in the paints and coatings market is Product, End-user and Region.
    Some key players operating in the paints and coatings market include AkzoNobel N.V., Asian Paints Ltd., Bergers Paints India Ltd., Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

    Related Reports