Paints & Coatings Market to Reach $179.67 Billion | Industry Statistics, Trends, Market Size, Demand, Share, Growth Focusing on Top Key Players: PPG Industries , BASF Coatings GmbH, Asian Paints, Kansai, RPM International

Paints & Coatings Market report is segmented on the basis of resin type, technology, application and region & country level. Based upon resin type, global paints & coatings market is segmented into polyurethanes, acrylic, polyesters, epoxy, alkyd and others. Based upon technology, global paints & coatings market is segmented into water-based, solvent-based, high solids, powder and others. Based upon feature, global paints & coatings market is segmented into architectural and industrial.

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Paints & Coatings Market is valued at USD 125.50 Billion in 2018 and expected to reach USD 179.67 Billion by 2025 with CAGR of 5.6% over the forecast period.

Market Analysis of Paints & Coatings-
Surface coating refers to the any material that may be applied as a thin continuous layer to a surface. It has been used widely to distinguish painting from other forms of surface treatments such as; electroplating, anodizing and the lamination of polymer film onto a surface. Paint was traditionally used to describe pigmented materials as distinct from clear films which are more properly called lacquers or varnishes. Paints & coatings are used in the building, construction and industrial application. Industrial coatings will extend the overall lifetime of materials, which in turn curbs replacement costs. In various industrial applications, silicon-based coatings are used. A silicone-based coating is to assure quality through reliable release performance in the molding process and it is also used in tire manufacturing. In the shipping industry, paints with silicone additives increase the efficiency of vessels.

Key Players–
Some major key players for global paints & coatings market AkzoNobel N.V. , PPG Industries , Axalta Coatings Systems, BASF Coatings GmbH, The Sherwin-Williams Company ,Asian Paints, Kansai Paints , Jotun A/S , RPM International , Hempel A/S and Nippon Paint Holdings Co., Ltd. and others.

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Increasing Growth of Construction Industry is the Major Driving Factor of Global Paints & Coatings Market
The global paints and coating market is witnessing a significant growth owing to the continuously growing construction industry due to the increasing urbanization. For example 1.2 Million new housing units planned annually in the U.S. In addition, growing population and improving economic conditions have also increased the expenditure on housing and infrastructure development across the globe which is further supplementing the market growth. Furthermore, automobile industry is also foster the demand for paints and coatings. However, harmful environment and high cost of ceramic coatings may hamper the global paints and coatings market growth. For example; use of solvent-based paints & coatings leads to deterioration of air quality. It can cause long-term harmful on human health. Moreover, smart coatings can provide an opportunity for then further growth of this market.

Market Segmentation:–

By Resin Type:
• Polyurethanes
• Acrylic
• Polyesters
• Epoxy
• Alkyd
• Others

By Technology:
• Water-based
• Solvent-based
• High Solids
• Powder
• Others

By Application:
• Architectural
• Industrial

By Regional & Country Analysis: (North America, U.S., Canada, Europe, U.K., France, Germany, Italy,Asia Pacific, China, Japan, India, Southeast Asia, Latin America, Brazil, Mexico, Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)

Table of Content

1. Chapter - Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description

2. Chapter – Global Paints & Coatings Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Paints & Coatings Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Paints & Coatings Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis

3. Chapter - Global Paints & Coatings Market Overview: Quantitative Analysis

4. Chapter – Global Paints & Coatings Market Analysis: Segmentation By Type

5. Chapter – Global Paints & Coatings Market Analysis: Segmentation By Application
Continued…..

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