Press release
New Strategic Report of Paints and Coatings Market 2022: Technology Advancement, Trends and Growth
The "Paints and Coatings Market" study provides comprehensive information on the market's future development. This report identifies major trends that are influencing the growth of the Paints and Coatings market. The COVID-19 focus is also covered in the paper, as well as how the pandemic has slowed market growth and created incredible opportunities for those on the lookout. With the help of manufacturers, providers, merchants, and industry experts, a complete understanding of the Paints and Coatings market is revealed in this study.
According to the World Paints and Coatings Industry Association (WPCIA), worldwide paint consumption reached 37.27 million tonnes in 2015, or USD 128.23 billion in sales value, representing a 3.5 percent increase over the previous year.
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Paints and coatings are used in a variety of industries, including construction, automotive, marine, and others, to protect surfaces from corrosion and UV rays while also adding an aesthetic touch. Because of the significant expansion of these industries in developing countries, paints and coatings are likely to see the most growth in the automotive and industrial sectors.
Some of the Top companies Influencing in this Paints and Coatings Market include:
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.).
Paints and Coatings Market Segmentation:
By Product Type, High Solids,Powder,Water-based,Solvent-based,OthersBy Raw Material,Polyurethane, Epoxy Resin, Acrylic, Alkyd, OthersBy Application, Architectural, Non-Architectural
Important Features and Key Highlights of the Report:-
- Changing request dynamics of the assiduity
- In- depth request segmentation by Type, Operation, etc
- Literal, current and projected request size in terms of volume and value
- Recent assiduity trends and developments
- Strategies of crucial players and product immolation's
- Implicit and niche parts/ regions flaunting promising growth.
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Report Includes
A snapshot of the Paints and Coatings companies, along with a detailed description of their primary business segments, products, financial performance, and recent developments and strategies.
• Trend analyses for the Paints and Coatings Market, including data from 2021, estimates for 2022, and projected compound annual growth rates (CAGRs) through 2029.
• Information on the different types of Paints and Coatings Market tasks and the capabilities that have the greatest commercial potential.
• Analysis of the market's key drivers and constraints in the future.
• Coverage of these top companies' segmental and regional performance, technological advancements, awards and recognitions.
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