Press release
Paints & Coatings Market, Share, Development forecast to 2024
Paint is defined as a paints material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect, decorated or add a specific feature to the surface on which it is deposited.
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Global Paints & Coatings Market: Forecast by Type / Application / Region
The paint & coating industry concentration is not high; there are many manufacturers in global and high-end products are mainly from America and Europe. The global paint & coating market will reach about 54346 K MT in 2018 from 43517 K MT in 2013. The average growth rate is about 4.54% during 2013-2018. Paint & coatinging production mainly focuses on China, taking about 39.59% of global market in 2017, followed by the Europe with about 19.10% share. Other regions keep growth rate about 7.77%.The main market players are PPG, AkzoNobel, Henkel, Sherwin-Williams and Valspar.
Due to the impact of raw material prices, prices of paint & coating keep decreasing, although during this period increased slightly, but still cannot change the overall downward trend in prices, the average price from 3338 USD / MT in 2013 reduced to 3291 USD / MT in 2018.
The worldwide market for Paints & Coatings is expected to grow at a CAGR of roughly 4.1% over the next five years, will reach 218300 million US$ in 2024, from 178900 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Paints & Coatings in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
PPG
AkzoNobel
Henkel
Sherwin-Williams
Valspar
RPM International
Axalta
BASF
Kansai Paint
Sika
3M
Asian Paints
Nippon Paint
HB Fuller
Masco
Jotun
Hempel
KCC Corporation
DAW SE
Shawcor
Cromology
SK KAKEN
Carpoly
Taiho Paint
Berger Paints
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Related Information:
United States Paints & Coatings Market 2018 Forecast to 2023
Europe Paints & Coatings Market 2018 Forecast to 2023
North America Paints & Coatings Market 2018 Forecast to 2023
Asia-Pacific Paints & Coatings Market 2018 Forecast to 2023
China Paints & Coatings Market 2018 Forecast to 2023
EMEA Paints & Coatings Market 2018 Forecast to 2023
Global Paints & Coatings Market 2018 Forecast to 2023
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