Press release
Metal Paint Market Size, Status, and Industry Outlook from 2022 to 2028- PPG, AkzoNobel, Henkel, Sherwin-Williams, Valspar
The Global "Metal Paint Market" research report offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The Metal Paint Market Research report offers the historic data for the year 2016 to 2021 and also makes available the forecast data from the year 2022 to 2028 which is based on revenue. With the help of all this information research report helps the Market contributors to expand their Market positions. With the benefit of all these explanations, this market research report recommends a business strategy for present market participants to strengthen their position in the market. This report analyzes the impact of the Covid 19 pandemic on the Metal Paint Market from a Global and Regional perspective.The Global Metal Paint Market is expected to grow with a CAGR of 2.5% from 2022 to 2028.
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Market Overview:
The market for metal Paint is expected to grow at a CAGR of more than 2.5 % during the forecast period. The major factor driving the market studied is Stringent VOC regulation is driving the demand for water-borne DTM coatings.
On the flip side, as the metal coatings are not suitable for the harsh operating environment, it is likely to hinder the market.
Asia-Pacific dominated the market across the globe with the largest consumption in a country such as India, China, etc.
Top Key Players are covered in the Metal Paint Market Report:
PPG, AkzoNobel, Henkel, Sherwin-Williams, Valspar, RPM International, Axalta, BASF, Kansai Paint, Sika, 3M, Asian Paints, Nippon Paint, HB Fuller, Masco, Jotun, ILPA Adesivi, Industrie Vernici Alto Tevere Srl, Jacques Dubois, Multichem, Nylok, Royal Diamond, WEICON, Hempel, KCC Corporation, DAW SE, Shawcor, Cromology, SK KAKEN, Carpoly
Recent development:
PPG has acquired 48 companies, including 18 in the last 5 years. A total of 12 acquisitions came from private equity firms. It has also divested 3 assets.
PPG's largest acquisition to date was in 2007, when it acquired SigmaKalon Group BV for $2.5B. It's largest disclosed sale occurred in 2016, when it sold PPG - Flat Glass & Glass Coatings Operations to Vitro S.A.B. de C.V. for $750M. PPG has acquired in 16 different US states, and 14 countries. The Company's most targeted sectors include chemicals (80%) and technology hardware (5%).
Henkel has acquired 33 companies, including 19 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 5 assets.
Henkel's largest acquisition to date was in 2016, when it acquired The Sun Products for $3.6B. Henkel has acquired in 10 different US states, and 12 countries. The Company's most targeted sectors include consumer products (57%) and chemicals (14%).
Market Segment Analysis:
The Metal Paint Market Report provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analyzed.
Metal Paint Market Segmentation by Types:
Water-Based Paint
Solvent-Based Paint
Others
Metal Paint Market Segmentation by Applications:
Machinery Manufacturing
Automobile
Aerospace
Industrial
Others
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Regional Analysis:
The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:
North America (NA) - US, Canada, and Mexico
Europe (EU) - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific (APAC) - China, India, Japan, South Korea, Australia & Rest of APAC
Latin America (LA) - Brazil, Argentina, Peru, Chile & Rest of Latin America
The Middle East and Africa (MEA) - Saudi Arabia, UAE, Israel, South Africa
Dominates of the market:
In Europe, Germany has the dominating market with the maximum share.
It is also expected to close the gaps in the German high-speed rail network. Freight trains will also travel on the route.
The line is likely to open various opportunities for implementing state-of-the-art transport concepts, the beginning of a new era of rail travel and an increase in the paints market. Growing eco-consciousness among consumers, who are becoming aware of the detrimental environmental effects certain pack types have, has decreased the use of packaging coatings. However, manufacturers are working on various eye-catching designs and labeling that help create a premium image.
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The Research covers the following objectives:
To study and analyze the Metal Paint consumption by key regions/countries, product type and, application, history data from 2016 to 2021, and forecast to 2028.
Focuses on the key global Metal Paint manufacturers, to define, describe and, analyze the sales volume, value, market share, market competition landscape, Porter's five forces analyses, SWOT analyses, and development plans in the next few years.
To analyze Metal Paint with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and, risks).
Significant Features and Key Highlights of the Metal Paint Market Reports:
- Detailed overview of The Metal Paint market.
- Changing market dynamics of the industry.
- In-depth market breakdown by Type, Application, etc.
- Historic, existing, and predictable market size in terms of extent and worth.
- Recent manufacturing trends and developments.
- Competitive landscape of The Metal Paint market.
- Approaches to significant performers and product help.
- Prospective and niche sectors/regions exhibiting promising growth.
The Metal Paint Market report gives answers to the following:
What guidelines are followed by key performers to contest this Covid-19 condition?
What are the important matters drivers, opportunities, challenges, and dangers of the market?
will face surviving?
Which are the important market players in the Metal Paint industry?
What is the forecast compound annual growth rate (CAGR) of the global market for the duration of the forecast period (2022-2028)?
What could be the anticipated value of the Metal Paint marketplace during the forecast period?
Customization:
The Global Metal Paint Market Report may well be modified to meet your detailed business essentials. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no added cost to all of our Users.
Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.
About Us:
Market intelligence data provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market intelligence data provides global and regional market intelligence coverage, a 360-degree market view that includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact Us:
Irfan Tamboli (Head of Sales) - Market Intelligence data
Phone: +1 (704) 266-3234
Mail To: sales@marketintelligencedata.com
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