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Latest Trending Report on Paints and Coatings Market 2021 by Type, Application, Participants and Countries-Global Forecast to 2026
Paints and Coatings Industry Analysis Report 2021-2026Washington, DC, USA, Market Trends : Source: Straits Research – Global Paints and Coatings Market Review 2021 Forecast to 2029 – Analysis by Type, Application, End-User, Industry Vertical, and Region’ into its vast depository of research reports. Our enterprise professionals and panel of number one contributors have helped in compiling suitable components with sensible parametric checks for a complete study.
Paints and coatings are primarily used to impart a decorative and glossy finish to the surfaces of metals, architectural structures, and other substrates. They improve a product’s life span and performance by offering excellent adhesion, higher resistance to corrosion, and other benefits. The production of paint mainly includes three components – pigments, binder, and solvent. Both organic and inorganic pigments provide features such as color, opacity, film cohesion, and corrosion resistance. Binder is the film forming component while the solvent is used to dissolve the binder and facilitate the application of paint.
According to the World Paints and Coatings Industry Association (WPCIA), in 2015, the global consumption of paints was pegged at about 37.27 million tons, or about USD 128.23 billion in terms of sales value – recording 3.5% growth over the previous year.
Top Industry Players Overview: Akzo Nobel N.V. (Netherlands), PPG Industries, Inc. (U.S.), Axalta Coating Systems LLC (U.S.), Nippon Paint Holdings Co., Ltd. (Japan), BASF SE (Germany), Asian Paints Limited (India), Kansai Paints Co., Ltd. (Japan), Berger Paints India Limited (India), Shalimar Paints (India), and RPM International Inc. (U.S.).
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The report offers an in-intensity evaluation on a number of the Paints and Coatings Market key elements, comprising revenue, cost, capability, potential usage rate, manufacturing, manufacturing rate, consumption, supply/demand, gross, market share, CAGR, and gross margin. Additionally, the file offers a complete look at of the Industry boom elements and their trendy trends, at the side of applicable market segments and sub-segments.
By Product Type, High Solids,Powder,Water-based,Solvent-based,Others
By Raw Material,Polyurethane, Epoxy Resin, Acrylic, Alkyd, Others
By Application, Architectural, Non-Architectural
Paints and Coatings Country Level Analysis:
Most of the countries are estimated to emerge as a fastest growing region and hold the largest market share in the global industrial Paints and Coatings market
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Reasons to Buy this Report:
In-depth information with regards to the key factors influencing the growth of the Global Paints and Coatings Market (including drivers, restraints, threats, and opportunities) has been provided in this report.
It examines the micro markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
The report studies the opportunities in the market for different stakeholders and investors by determining the high-end growth segments and sub-segments.
The study accurately profiles key vendors and players functioning in the market, in terms of their ranking and core competencies, together with determining the competitive landscape.
It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Paints and Coatings Market.
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