Paints and Coatings Market Growing at a CAGR of 7.2% from 2017 to 2026- AkzoNobel, Asian Paints, BASF, Hempel A/S, Jotun, PPG Industries, Berger Paints India, Kansai Nerolac Paints Ltd, Masco Corporation

The key players of the Paints and Coatings Market are making moves like product launches, joint ventures, developments, merges and accusations which is affecting the market and Chemicals Industry as a whole and also affecting the sales, import, export, revenue and CAGR values. This analysis gives an examination of various segments that are relied upon to witness the quickest development amid the estimate forecast frame.

It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Paints and Coatings market report also delivers lists of the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the global Industry.

Global paints and coatings market is accounted for $146.25 billion in 2017 and is expected to reach $272.35 billion by 2026 growing at a CAGR of 7.2% from 2017 to 2026.

Some of the Key Players in the Paints and Coatings Industry Market Are

· AkzoNobel

· Asian Paints

· BASF

· Hempel A/S

· Jotun

· PPG Industries

· Berger Paints India

· Kansai Nerolac Paints Ltd

· Masco Corporation

· Beckers Group

· Kelly-Moore Paints

· RPM International Inc.

· Shalimar Paints

· Dunn-Edwards Corporation

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Rising demand for the rapid pace of industrial development, green environmental regulations, growing number of end-use industries and increasing interest of the global population in architecture are driving the global market. However, factors such as stringent and regulatory policies and environmental challenges are restraining the market growth.

Paints & coatings are composed of either organic or inorganic resins and are the inseparable when it comes to industrial sectors. They are used to impart a glossy and decorative finish to the surface of a product such as metal component, equipment, walls, and others. These coatings are applied on the surface to enhance the durability as well as the performance of the products. They offer excellent adhesion, high corrosion & abrasion resistant, which made them favorable in large application spectrum. Paints & coatings market plays an important role in the chemical industry and represents massive numbers in terms of global production and consumption.

Amongst Resins, Acrylic segment held considerable market share and is expected to grow substantially over the forecast period owing to its excellent stabilization and weathering properties. Acrylic resins are extensively used in water reducible and emulsion resins for manufacturing of coats and varnishes. Its features include weather/UV resistance, optical clarity and excellent dimensional stability. The thermoplastic nature of acrylic is an advantage over epoxy and polyester.

Applications Covered:

Marine, Packaging, Wood Coatings, Automotive, Electrical & Electronics, Energy, Telecommunication, Industrial, Architecture, Aerospace, Paper & Paperboard, Decorative Paints, Medical and Other Applications

Products Covered:

High-Solids Paints, Speciality Coatings, Solvent-borne Coatings, Waterborne Paints and Powder Coatings

Resins Covered:

Pure Acrylics, Alkyd, Acetates, Vinyl Acrylate, Styrene Acrylics and Other Resins

Components Covered:

One Component and Two Component

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By geography, Asia-Pacific is the largest market for the global market during the forecast period. There is an increase in demand from construction in Asia-Pacific, which is mostly backed by the expansion of the region’s increasing household activities. This increased demand, in turn, drives the market in Asia-Pacific. Presence of some of the fastest-growing economies, such as South Korea, China and India, and increasing demand from construction and automotive industries play a crucial role in driving the market in the this region.

Major TOC of Global Biosensor Market Research Report

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Paints and Coatings Market, By Product

6 Global Paints and Coatings Market, By Resin

7 Global Paints and Coatings Market, By Component

8 Global Paints and Coatings Market, By Application

9 Global Paints and Coatings Market, By Geography

10 Key Developments

11 Company Profiling

List of Tables

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How does this market Insights help?

· Paints and Coatings Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR from 2017 to 2026

· Key parameters which are driving this market and restraining its growth

· What all challenges manufacturers will face as well as new opportunities and threats faced by them.

· Learn about the market strategies that are being adopted by your competitors and leading organizations

· To gain insightful analyses of the market and have a comprehensive understanding of the “Paints and Coatings” and its commercial landscape

About Research for Markets:

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Research for Markets

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