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Know How Painting Tools Market is Thriving Worldwide? Top Industry Players - Gordon Brush, Braun Brush, Purdy, Anderson Products, Mill-Rose Company and Milton Brushware.

08-17-2018 12:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights

Painting Tools Market

Painting Tools Market

Painting tools market share from construction applications is predicted to surpass a revenue collection of USD 10 billion by 2024, owing to the increasing industrialization and escalating housing need of the rapidly growing population.

As per Global Market Insights, Inc., “Worldwide Painting Tools Market will generate a revenue of more than USD 14 billion by 2024.”
Considering the remarkable contribution of paints & coatings across myriad industrial domains, painting tools market is gaining popularity across the construction, automotive, packaging, and wood coatings sectors to fulfil the requirement of aesthetics via paint application. The advent of automation and the numerous technological advancements coming to the fore by the day have led to the introduction of improved painting techniques.

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For instance, various automotive giants have of late, attempted to implement robot assisted paint shops, subject to the complications arising in the manual painting process. In addition, robotic painting also reduces the elements of excess labor and toxicity, owing to which companies have been trying to invest in and commercialize robots for industrial painting, thereby augmenting painting tools market share. Such advancements in the operational processes may lead to an increase in productivity and enable convenient utilization of painting techniques, thereby boosting painting tools industry over the years ahead. As per recorded statistics, in 2016, painting tools market

Growing industrialization and urbanization across the various regions of the globe are likely to fuel the demand for painting tools. Brushes, rollers, gun sprays, etc., are some of the crucial and commonly used painting tools. Various regional governments and private organizations across the globe have been investing heavily in infrastructure developments, subject to the requirement for paints that will prevent chemical attacks, abrasion, and enable protection from UV rays. Nowadays, different types of coatings are available for different kinds of surfaces, which necessitates the requirement of various types of tools. Increasing usage of paints is thus, likely to favor global paints and coatings market, and by extension, will impel painting tools industry share noticeably.

Apart from the construction, the product finds applications in the automotive sector as well. Various automotive manufacturing companies such as Audi, Volkswagen, Opel, BMW, and Mercedes-Benz have been using painting tools to improve the appearance of the vehicle via painting. In 2016, automotive sector contributed USD 550 million to the overall painting tools industry share. The products are prominently used across Germany, since the region has a strong base of automotive giants. Statistics claim Germany to have covered around 15% of Europe painting tools market share in 2016.

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Industrial painting is a rather complex process and requires the usage of highly efficient tools. Painting tools industry giants have been focusing on development of eco-friendly and efficient spraying tools of late, to ease the process of painting. In fact, the electrostatic manual spray gun is one of the emergent technological advancements in spraying tools.

Industry giants are engaging in strategic collaborations and mergers & acquisitions to widen their customer base across numerous geographies. The key players in painting tools market are Braun Brush Co., Gordon Brush, Richard Tools, EPOS Egypt, Dura Paints, Purdy®, Milton Brushware, MAAN, Mill-Rose Company, Nespoli Group S.p.A, USA Tools, Anderson Products, Shawky Brush & Roller Factory, Harbor Freight Tools, Makinah, and Allway Tools, Inc.

Partial Chapter of the Table of Content

Chapter 2. Executive Summary

2.1. Painting tools market 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends

Chapter 3. Painting Tools Industry Insights

3.1. Painting Tools Industry segmentation
3.2. Painting Tools Industry landscape, 2013 - 2024
3.3. Painting Tools Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.4.1. B2B
3.3.4.2. B2C
3.3.5. End-users
3.3.6. Vendor matrix
3.4. Industry best practices & key buying criteria

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3.5. Pricing Analysis
3.5.1. Paint brushes
3.5.2. Paint rollers
3.5.3. Scrappers
3.5.4. Knives
3.5.5. Trays
3.5.6. Spray gun
3.5.7. Masking tapes
3.5.8. Others (extension poles, sanding tools, trowels)
3.5.9. Regional pricing
3.5.10. Cost structure analysis
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. Canada
3.6.3. Europe
3.6.4. China
3.6.5. Japan
3.6.6. India
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Rising construction of commercial & residential buildings
3.7.1.2. Expansion in global automotive industry
3.7.2. Industry pitfalls & challenges
3.7.2.1. Lack of availability of skilled labor
3.8. Growth potential analysis
3.9. Global paints & coatings market outlook (Parent market overview)
3.9.1. Trends
3.9.2. Customer requirements
3.9.3. Paints & coatings market analysis & forecast 2013 – 2024
3.9.4. SWOT analysis
3.10. Raw material trends
3.11. Innovation & sustainability
3.12. Porter's analysis
3.13. Company market share analysis, 2016
3.13.1. Market share analysis
3.13.2. Strategy dashboard
3.14. PESTEL analysis

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/

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