Paints & Coatings Market Net Worth 255.15 billion Forecasts by 2028 Including Key Players: Akzo Nobel N.V., Axalta Coating Systems, PPG Industries and more

Report Description:

Paints & Coatings Market is valued approximately at USD 146.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.3% over the forecast period 2022-2028. Increasing investment by big market players in the form of mergers, research and development and acquisitions, rapid urbanization and industrialization in emerging countries, high rate of growth in U.S. automotive industry, technological advancements and supportive measures and incentives like subsidies, tax breaks are given by various governments are expected to fuel the market growth. For Instance: In November 2019, Akzo Nobel N.V. acquired Mapaero Coatings , a coating manufacturer in France, to strengthen the position in global aerospace coating market. Also, in 2021, Nippon Paint Marine Coatings Co., Ltd. had launched FASTAR, a self- producing and selling antifouling coating that incorporates a hydrophilic and hydrophobic nanodomain structure using a unique nanotechnology. However, high raw material prices and unavailability of adequate substitutes for banned lead chromate impedes the growth of the market over the forecast period of 2020-2027. Also, with the boost in construction sector due to growing number of manufacturing facilities is likely to increase the market growth during the forecast period.

This research report analyzes the global Paints & Coatings market, which is expected to grow substantially in the coming years. According to this study, the market is segmented into categories based on the available product types, application range, end-user industries, technologies, and important geographical regions.

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Major Key Company Profile Analysis Included in Paints & Coatings Market are listed below:

The Sherwin Williams Company
Akzo Nobel N.V.
Axalta Coating Systems, LLC
PPG Industries, Inc.
RPM International, Inc.
BASF SE
Henkel AG & Company, KGaA
Nippon Paint Holdings Co., Ltd.
The Chemours Company
Sika AG

The detailed segments and sub-segment of the market are explained below:

By Product:

-Waterborne coatings

-Solvent-borne coatings

-Powder coatings

-High solids/radiation curing

-Others (Specialty Coatings)

By Material:

-Acrylic

-Polyester

-Alkyd

-Polyurethane

-Epoxy

-Others

By Application:

-Architectural & Decorative

-Non-Architectural

-Automotive & Transportation

-Wood

-General Industrial

-Marine

-Protective

-Others

This study will help you better understand the market in terms of definition, segmentation, market potential, noteworthy trends, and the challenges that major countries face. Statistics and market data have been acquired from trustworthy sources such as websites and industry publications, and have been reviewed by experts.

Paints & Coatings Market Segmentation 2022

This report discusses the product type, application, end-use, and geography segments of the key market for each region. The report also provides sales, revenue, and price analysis of these segments for each region.

Competitive Scenario

This market research includes a complete evaluation of the competition and the assessment of the key drivers and restraints affecting this market. It also includes information on each player's revenue, gross profit margin, financial status, market position, product portfolio, and other pertinent parameters. The report also includes a complete SWOT analysis and a Porter's Five Forces analysis. This section focuses on the major market players' initiatives and advancements in order to establish a strong presence.
 

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Regional Overview of Paints & Coatings Industry 2022

The regional market section also provides a country-by-country study. This is done to provide a thorough view of the market and allow readers to get an idea of where each market is strongest. The regional split of the market is indicated by Paints & Coatings market analysis, and the import/export studies, supply and demand dynamics, regional trends and demands, and the presence of major actors in each region's production and consumption ratios are all discussed in this section as well.

Reasons to Buy Paints & Coatings Market Report

-Use the market study to evaluate manufacturing processes, major concerns, and development risk mitigation strategies.

-Gain knowledge of the market strategies employed by well-known organizations to achieve market success.

-During the projected period, to understand the market's driving and restraining forces, as well as their impact on the global market.

Table of Contents - Major Key Points

Chapter 1. Executive Summary

Chapter 2. Global Market Definition and Scope

Chapter 3. Global Market Dynamics

Chapter 4. Global Market Industry Analysis

Chapter 5. Global Paints & Coatings Market, by Product

Chapter 6. Global Paints & Coatings Market, by Material

Chapter 7. Global Paints & Coatings Market, by Application

Chapter 8. Global Paints & Coatings Market, Regional Analysis

Chapter 9. Competitive Intelligence

Chapter 10. Research Process

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