Paints & Coatings Market Outlook to 2023 - 3M, Jotun Group, The Sherwin-Williams Company, TIGER Coatings GmbH & Co. KG, Vitracoat America, Dai Nippon Toryo Co., Ltd, Kansai Nerolac Paints Limited, Diamond Vogel, Hentzen Coatings, Inc., Berger Paints India

Paints & Coatings Market report has Forecasted Compound Annual Growth Rate (CAGR) in % value for particular period for market that will help user to take decision based on futuristic chart. The report provides with CAGR value fluctuation during the forecast period of 2018-2023 for the market. This report is a valuable source of guidance for companies and individuals offering Industry Chain Structure, Business Strategies and Proposals for New Project Investments. The report also studies the various inhibitors as well as motivators of the Paints & Coatings Market Products market in both quantitative and qualitative manners in order to provide accurate information to the readers.

Global paints & coatings market has witnessed a healthy growth and it is likely to continue growing over the forecast period to reach USD 190167.6 million by the end of 2023. The market growth is attributed to the continuously increasing growth of the application segment such as residential and non-residential in architectural sector along with automotive and general in industrial sector. Architectural sector is estimated to be the major segment and is accounted for 55.1% share of the market in 2017. Industrial sector accounted for 44.9% share in 2017. General segment which includes, appliances, aluminium extrusions, metal furniture, vehicle components and HVAC among others accounted for largest market share of 55.4% in the industrial sector. The segment anticipated to retain its dominance over the forecast period with a share of 56.0% by the end of forecast period due to growing demand for paints & coatings in appliances, metal furniture and HVAC. Automotive segment accounted for second largest markets share of 24.5% in 2017 in industrial sector, with market value of USD 15574.5 million. The segment is anticipated to grow at CAGR of 5.09% during the forecast period to reach USD 20978.4 million by 2023 end.

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Some of the key players operating in the global paints & coatings market are 3M, Jotun Group, The Sherwin-Williams Company, TIGER Coatings GmbH & Co. KG, Vitracoat America, Dai Nippon Toryo Co., Ltd, Kansai Nerolac Paints Limited, Diamond Vogel, Hentzen Coatings, Inc., Berger Paints India Limited, National Paints Factories, Axalta Coating Systems Ltd, Guangzhou Kinte Paints & coatings, and AkzoNobel N.V., among others.

Geographic Analysis

The geographic regions covered in the report are stated as below:
•North America
• The U.S.
• Canada
•Europe
• Germany
• France
• oItaly
• Russia
• U.K
• Spain
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• G.C.C
• Iran
• Israel
• Egypt
Rest of Middle East & Africa

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Table of Content:

1Executive Summary

2Market Introduction

3Research Methodology

4Market Dynamics

5Market Factor Analysis

6Global Paints and Coatings Market By Resin Type

7Global Paints and Coatings Market By Performance Range

8Global Paints and Coatings Market By Application

9Global Paints and Coatings Market By Region

10Competitive Landscape

11Company Profile

12Conclusion

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Reasons to Purchase this Report:

• Current and future of global Paints & Coatings Market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

• Regions/countries that are expected to witness the fastest growth rates during the forecast period

• The latest developments, market shares, and strategies that are employed by the major market players

Key Findings :

Market Research Future predict a healthy growth in the global paints & coatings market and growth is expected to continue in the near future due to rising demand for coating in appliances, automotive, agriculture & construction and architectural sector. Looking at the global scenario, the paints & coatings market is projected to reach 190167.6 million at CAGR of 5.06% by 2023 end. Acrylic is the major segment based on resin type and accounted for 40.3% share in the year 2017. The factor that makes the acrylic segment to be major consumer among other resin segments is the low cost of it in comparison to other resin based paints.

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Segmentation:

On the basis of type, paints & coatings market is segmented into acrylic, alkyd, epoxy, polyurethane, alkyd, polyester, fluropolymer polyether etherketone (PEEK), polyaryl etherketone (PAEK), polyether Ketone (PEK) among others. Based on the performance range, the market is divided in to commodity, engineering and high performance segments. Based on application, market is segmented as architectural and industrial segment.

Intended Audience
• Paints & coatings manufacturers
• Paints & coatings distributor
• Appliances Manufacturers
• Automotive Manufacturers
• Potential investors
• Paints & coatings suppliers
• Nationalized laboratory
DC –Description
• Paints & coatings
• Solid Coating
• Polyester Paints & coatings
• Epoxy-Polyester Hybrid Coating
• Acrylic Coating
• Spray drying process
• Thermostat Paints & coatings
• Thermoplastic Paints & coatings
• Automotive Coating
• Appliance Coating
• Dry Solid Coating
• Solventborne Paints

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