Press release
Paints & Coatings Market by Revenue Analysis and Top Vendors Akzonobel N.V., PPG Industries, Sherwin-Williams Company, Axalta Coating System LLC, Jotun A/S, Nippon, Paint Holdings Co., Ltd., Asian Paints Limited
Global Paints and Coatings Market
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Global Paints & Coatings Market accounted for USD 152.0 billion in 2016 and is projected to grow at a CAGR of 5.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Drivers:
• Stringent green environment regulations
• Growing automotive industry
• Provision of durable coatings with better performance and aesthetics
• Increasing popularity of elastomeric coating in tilt-up concrete in building and construction
Major Market Competitors:
• Akzonobel N.V.,
• PPG Industries,
• Sherwin-Williams Company,
• Axalta Coating System LLC,
• Jotun A/S,
• Nippon,
• Paint Holdings Co. Ltd.,
• Asian Paints Limited,
• Kansai Paints Co. Ltd.,
• RPM International Inc,
• Valspar Corporation,
• Tikkurila OYJ,
• Hempel A/S,
• Berger Paints India Limited,
• Shalimar Paints,
• S K Kaken Co. Ltd,
• MascoCorporation,
• BeckersGroup,
• Dunn-Edwards Corporation,
• Tiger Coatings GmbH & Co. Kg,
• Sacal International Group Ltd.,
• Diamond Vogel Paints,
• Vista Paints Corporation,
• Indigo Paints Pvt Ltd,
• Kelly-Moore Paints,
• BASF Coatings GmbH
Global Paints & Coatings Market - Industry Trends and Forecast to 2025” new report to its research database. The report spread No of Pages: 350 No of Figures: 60 No of Tables: 220 in it
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Competitive Landscape: Global Paints and Coatings Market
The global paints & coatings market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Market Segmentation: Global Paints and Coatings Market
• The paints & coatings market is segmented on the basis of resin type into acrylic, polyesters, epoxy, alkyd, and others. Acrylic resins are expected to grow at the highest CAGR over the forecast period.
• On the basis of Technology, the market is segmented into water based, solvent based, high solids, powder, and others.
• On the basis of application, the market is segmented into architectural, industrial. Architectural is further segmented into residential, non-residential, and infrastructure. Industrial is further segmented into general industrial, automotive OEM, automotive refinish, wood coating, marine coating, coil coating, packaging coating, aerospace coating, others
• On the basis of geography, the paints & coatings market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacificis expected to dominate the market.
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• The latest developments, market shares, and strategies that are employed by the major market players
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