The Global Paints and Coatings Market was valued at USD 184 billion in 2021 and is projected to grow USD 223.2 billion in 2028, at a CAGR of 2.80%. Paints and coatings are primarily utilized in automotive, coating, transportation, construction and lumber industries. The products are widely used in diverse applications, due to their properties such as anti-friction, hardness, corrosion protection, and protection from environmental factors. These materials are used in the construction and buildings sector to protect from the blistering heat, rain, cold and , and UV radiation. The increasing population, and their disposable incomes, has facilitated the expansion of the housing segment, thereby propelling residential construction. This may provide a significant boost to the market. The Pradhan Mantri Awas Yojana (PMAY) is an initiative of the Government of India which aims at providing affordable housing to the urban poor by the year 2022.
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A strong research methodology employed in the winning Paints and Coatings Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about Paints and Coatings market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.
The report provides a comprehensive analysis of company profiles listed below:
PPG Industries, Inc., (U.S.)
Axalta Coating Systems (U.S.)
Akzo Nobel N.V., (Netherlands)
Kwality Paints & Coatings Pvt. Ltd. (KPCPL) (India)
Kansai Nerolac Paints Limited (India)
Nippon Paint Holdings Co., Ltd. (Singapore)
The Sherwin-Williams Company (U.S.)
Jotun (Norway)
RPM International Inc. (U.S.)
TIKKURILA OYJ (Finland)
SK KAKEN CO., LTD. (Japan)
Dunn-Edwards Corporation (U.S.)
Type Analysis of World Wide Market:
Water-borne
UV-cured Coating
Solvent-borne
Powder Coating
Segmentation of global Paints and Coatings Market by Application:
Architectural
Automotive
Packaging
Wood
Protective Coating
General Industrial
Transportation
GLobal Paints and Coatings Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
This Paints and Coatings market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the Paints and Coatings market.
Objectives of the Study
• To define, describe, segment, and forecast the global Paints and Coatings Market by technology, size, resolution, application, and region.
• To forecast the size of the Paints and Coatings market in North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa.
• To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges).
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market.
• To analyze market opportunities for stakeholders and provide details of the competitive leadership mapping for key players.
• To profile key players in the market and comprehensively analyze their core competencies and market shares.
• To track and analyze competitive developments such as acquisitions, product launches, collaborations, partnerships, agreements and expansions in the market.
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This research report gives detailed data about the major factors influencing the growth of the Paints and Coatings market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve Paints and Coatings market insight.
