Paints and Coatings Market estimated to cross US$ 159859.8 million globally with Impressive CAGR by 2022 | Akzo Nobel N.V., Asian Paints, Axalta Coating, BASF SE, Berger Paints

BusinessIndustryReports have new report on “Global Paints and Coatings Market 2018-2022”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better market. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

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With the slowdown in world economic growth, the Paints and Coatings industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Paints and Coatings market size to maintain the average annual growth rate of 5.11% from 105716.2 million $ in 2014 to 122748.8 million $ in 2017, market analysts believe that in the next few years, Paints and Coatings market size will be further expanded, we expect that by 2022, The market size of the Paints and Coatings will reach 159859.8 million $. 

Paints and coatings are mainly used to protect machines and equipment from rusting and corrosion in industries. As for consumer goods, they serve the purpose of keeping corrosion at bay and make products look better. Architectural and decorative paints and coatings are used mainly applied on interior and exterior walls of houses and corporate buildings. Based on their formulation, there are basically two types of architectural and decorative paints and coatings: water-based and solvent-based. Based on type, architectural and decorative paints and coatings paints are mainly classified into emulsions and distempers. Distempers are costlier than emulsions and account for lesser market share as compared to emulsions. 

Geographically, Asia-Pacific paints & coatings market is projected to grow at the highest CAGR during the forecast period. Asia-Pacific is a rapidly expanding paints & coatings market, owing to the growing economy and increasing middle-class population. This is driving the demand for many building and industrial materials, including paints and coatings. The increasing number of residential and commercial buildings due to rising population and urbanization mainly in China and India are expected to drive the market during the forecast period.

Key Players:

1 Akzo Nobel N.V.

2 Asian Paints

3 Axalta Coating Systems

4 BASF SE

5 Berger Paints India Limited

6 Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company

7 Diamond Vogel Paints and more....

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Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Product Types:

1 High Solids/Radiation Cure

2 Powder Coatings

3 Waterborne Coatings

4 Solvent Borne Technologies 

Industry Segmentation:

1 Automotives & Aviation

2 Medical & Healthcare

3 Residential

4 Commercial

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Key questions answered in the report include:

1 What are the key factors driving the global Paints and Coatings market?

2 What are the key market trends impacting the growth of the global Paints and Coatings market?

3 Who are the key vendors in the global Paints and Coatings market?

4 What are the market opportunities and threats faced by the vendors in the global Paints and Coatings market?

5 What are the key outcomes of the five forces analysis of the global Paints and Coatings market?

6 What are the challenges to market growth?

Table of Content:

1 Paints and Coatings Product Definition

2 Global Paints and Coatings Manufacturer Share and Market Overview

3 Manufacturer Paints and Coatings Business Introduction

4 Global Paints and Coatings Market Segmentation (Region Level)

5 Global Paints and Coatings Market Segmentation (Product Type Level)

6 Global Paints and Coatings Market Segmentation (Industry Level)

7 Global Paints and Coatings Market Segmentation (Channel Level)

8 Paints and Coatings Market Forecast 2018-2022

9 Paints and Coatings Segmentation Product Type

10 Paints and Coatings Segmentation Industry

11 Paints and Coatings Cost of Production Analysis

12 Conclusion

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