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Construction Paints And Coatings Market Analysis 2023-2032: Size, Share And Forecast | PPG Industries Inc., BASF SE, Akzonobel N.V., Sherwin Williams Company, Asian Paints Ltd
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Construction Paints And Coatings Market Size, Growth Rate, And Forecast
The global construction paints and coatings market size is expected to grow from $54.87 billion in 2022 to $57.56 billion in 2023 at a compound annual growth rate (CAGR) of 4.90%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global construction paints and coatings market size is expected to reach $70.82 billion in 2027 at a CAGR of 5.32%.
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Construction Paints And Coatings Market Drivers
The rising new construction projects is expected to propel the growth of the construction and paints and coatings market going forward. Construction projects refer to the systematic process of constructing, repairing, refurbishing, retrofitting, or adapting a building, or other built asset such as a tunnel or bridge.
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Construction Paints And Coatings Market Segments
1. By Product Type: Solvent-Borne Technologies, Water-Borne Coating, Power Coating, High Solids/ Radiation Cure, Other Product Types.
2. By Resin Type: Polyurethane, Acrylic, Epoxy, Polyester, Alkyd.
3. By Application: Residential, Commercial, Automotive And Aviation, Medical And Healthcare.
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Construction Paints And Coatings market.
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Construction Paints And Coatings Market Key Players
Major competitors in the construction paints and coatings market include PPG Industries Inc., BASF SE, Akzonobel N.V., Sherwin Williams Company, Asian Paints Ltd., Axalta Coating Systems Ltd., Valspar Corporation.
The Business Research Company's "Global Construction Paints And Coatings Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Construction Paints And Coatings Market Include:
1. Executive Summary
2. Construction Paints And Coatings Market Characteristics
3. Construction Paints And Coatings Market Trends And Strategies
4. Construction Paints And Coatings Market - Macro Economic Scenario
5. Construction Paints And Coatings Market Size And Growth
……
26. Africa Construction Paints And Coatings Market
27. Construction Paints And Coatings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Construction Paints And Coatings Market
29. Construction Paints And Coatings Market Future Outlook and Potential Analysis
30. Appendix
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