openPR Logo
Press release

Paints & Coatings Market Analysis and Forecast to 2033: COVID-19 and Post-COVID Impact, Opportunities and Trends

08-09-2024 08:21 AM CET | Chemicals & Materials

Press release from: Evolve Business Intelligence

Evolve Business Intelligence

Evolve Business Intelligence

The Paints & Coatings Market, valued at approximately USD 190.21 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 3.54% from 2023 to 2033. This growth is primarily driven by the expansion of the construction and automotive industries, which fuels demand for high-quality paints and coatings for various applications. The increasing focus on aesthetic enhancement, durability, and protection in these sectors contributes significantly to market growth. However, the market faces challenges due to the volatility of raw material prices, which can impact production costs and pricing stability. Despite these challenges, significant opportunities exist in the rising demand for eco-friendly and sustainable products. As environmental regulations become more stringent and consumer preferences shift towards greener alternatives, manufacturers are investing in the development of low-VOC, water-based, and recyclable coatings. This trend towards sustainability is expected to drive innovation and open new avenues for growth in the paints and coatings industry, meeting the evolving needs of both industrial and consumer markets.

For More Information: https://evolvebi.com/report/paints-coatings-market-analysis/

The report includes 10 key players in the Paints & Coatings market ecosystem that have been strategically profiled, along with the market ranking/share for major players. The key players profiled in the report are:
• AkzoNobel N.V
• PPG Industries
• The Sherwin-Williams Company
• NIPPON PAINT HOLDING CO. LTD.
• Axalta Coatings System LLC
• Kansai Paint Co. Ltd.
• BASF Coatings
• RPM International Inc
• The Dow Chemical Company

The competitive landscape of the Paints & Coatings market features several major players, each renowned for their extensive product offerings and technological advancements. AkzoNobel N.V. and PPG Industries are leading global companies known for their wide range of high-performance coatings and innovative solutions across various sectors. The Sherwin-Williams Company stands out for its strong market presence and diverse product portfolio, catering to both industrial and consumer needs. NIPPON PAINT HOLDING CO. LTD. and Kansai Paint Co. Ltd. are significant players in the Asian market, offering advanced coatings solutions that meet regional demands. Axalta Coatings Systems LLC specializes in automotive and industrial coatings, leveraging its expertise in high-quality and durable products. BASF Coatings, a division of BASF, provides a comprehensive range of coatings solutions with a focus on sustainability and technological innovation. RPM International Inc. and The Dow Chemical Company are also key competitors, with RPM offering specialized coatings and Dow focusing on advanced materials and chemical solutions. These companies drive the market through continuous product development, strategic acquisitions, and a focus on meeting the evolving needs for durability, aesthetics, and sustainability in coatings. Their diverse capabilities and global reach position them strongly in the competitive landscape of the paints and coatings industry.

For sample report pages - https://evolvebi.com/report/paints-coatings-market-analysis/

Market Segment By Technology with focus on market share, consumption trend, and growth rate of Paints & Coatings Market:
o Waterborne
o Solventborne
o Powder
o Others

Market Segment By end-user with a focus on market share, consumption trend, and growth rate of Paints & Coatings Market:
o Architectural
o Industrial

Global Paints & Coatings Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Benelux
o Nordic
o Rest of Europe

• Asia Pacific
o China
o Japan
o South Korea
o Indonesia
o Austalia
o Malaysia
o India
o Rest of Asia Pacific

• South America
o Brazil
o Argentina
o Rest of South America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of the Middle East & Africa

For any customization, contact us through - https://evolvebi.com/report/paints-coatings-market-analysis/

Key Matrix for Latest Report Update
• Base Year: 2023
• Estimated Year: 2024
• CAGR: 2024 to 2034

Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Contact: +91 635 396 3987
Email: sales@evolvebi.com
Website: https://evolvebi.com/

Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Paints & Coatings Market Analysis and Forecast to 2033: COVID-19 and Post-COVID Impact, Opportunities and Trends here

News-ID: 3616717 • Views:

More Releases from Evolve Business Intelligence

Capsules: Encapsulating Opportunity in the Self-Healing Concrete Market
Capsules: Encapsulating Opportunity in the Self-Healing Concrete Market
The self-healing concrete market is gaining momentum, driven by the need for durable and sustainable infrastructure. Within this innovative field, the capsule segment stands out as a high-opportunity area, offering a promising approach to automatically repair rifts and extend the lifespan of concrete structures. Market Dynamics and Growth Drivers Capsule-based self-healing concrete incorporates micro or macro capsules containing healing agents, such as bacteria, polymers, or mineral precursors, into the concrete mix. When
Flow and Level Sensors: Navigating High Opportunity in the Marine Sensors Market
Flow and Level Sensors: Navigating High Opportunity in the Marine Sensors Market
The marine sensors market is experiencing significant growth, driven by the increasing demand for enhanced vessel safety, operational efficiency, and environmental monitoring. Among the diverse array of marine sensors, the flow and level sensors segment presents a high-opportunity area, playing a vital role in ensuring optimal vessel performance and preventing critical failures. Market Dynamics and Growth Drivers Flow and level sensors provide real-time data on fluid levels and flow rates within various
Seat Mounts: Anchoring Growth in the Dynamic Marine Seats Market
Seat Mounts: Anchoring Growth in the Dynamic Marine Seats Market
The marine seats market is driven by the demand for comfort, safety, and durability in various marine applications, from recreational boating to commercial vessels. Within this dynamic sector, the seat mount segment presents a high-opportunity area, playing a crucial role in ensuring secure and adaptable seating solutions for diverse marine environments. Market Dynamics and Growth Drivers Seat mounts provide the essential connection between marine seats and the vessel's deck, offering stability, adjustability,
PE100 Pipes: The High-Pressure Powerhouse Driving Growth in the HDPE Pipes Market
PE100 Pipes: The High-Pressure Powerhouse Driving Growth in the HDPE Pipes Marke …
The HDPE (High-Density Polyethylene) pipes market is experiencing robust expansion, fueled by its versatility and durability across various applications. Within this thriving sector, the PE100 pipe segment stands out as a high-opportunity area, offering superior performance for high-pressure applications in water, gas, and industrial pipelines. Market Dynamics and Growth Drivers PE100 pipes, characterized by their high density and excellent long-term hydrostatic strength, are designed to withstand demanding operating pressures

All 5 Releases


More Releases for Coatings

Cooling Coatings: Low Temperature Powder Coatings Surge
The Business Research Company recently released a comprehensive report on the Global Low Temperature Powder Coatings Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free
Industrial Coatings Market Demand Analysis by Silicone, Ceramic, Formaldehyde, R …
Download Free PDF Brochure of Industrial Coatings: Technologies Now at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1809244 . The industrial coatings market has grown significantly during the past few years and is expected to grow at a more rapid pace in the next five years. The market continues to expand; new technological developments and industry changes have taken place. Demand is expected to increase due to a broad range of uses in the machinery, equipment, appliance, wood, coil
Powder Coatings Market to 2023 : BASF Coatings, Bayer Materials Science, DOW Che …
Researchmoz added Most up-to-date research on "Powder Coatings: Materials, Technologies and Applications" to its huge collection of research reports. "Summary The global market for powder coatings was nearly REDACTED in 2016 and over REDACTED in 2017, increasing to a projected REDACTED in 2022, a CAGR of REDACTED between 2017 and 2022. The total value of the powder coating market, including powder materials, coating equipment, and services, was nearly REDACTED in 2016
Global Acrylics Coatings Market By Type: Water-based Acrylics Coatings and Solve …
Researchmoz added Most up-to-date research on "Global Acrylics Coatings Market By Type: Water-based Acrylics Coatings and Solvent-based Acrylics Coatings" to its huge collection of research reports. This report researches the worldwide Acrylics Coatings market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Acrylics Coatings breakdown data by manufacturers, region, type and application, also analyzes the
Global Marking Coatings Market 2018| Sherwin Williams, Diamond Vogel, NCP Coatin …
Albany, NY, 27th August : Recent research and the current scenario as well as future market potential of "Global Marking Coatings Market Professional Survey Report 2018" globally. This report studies the global Marking Coatings market status and forecast, categorizes the global Marking Coatings market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and
United States Paint and Coatings Market, 2017: By Product Types - Waterborne Coa …
Researchmoz added Most up-to-date research on "United States Paint and Coatings Market, 2017: By Product Types - Waterborne Coatings, High-solids Coatings, Powder Coatings & Others" to its huge collection of research reports. This report studies sales (consumption) of Paint and Coatings in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering PPG Akzo Nobel Kansai Paint Nippon Paint BASF Axalta (formerly DuPont) Chugoku Marine Paint Valspar Sherwin-Williams Hempel Market Segment by States,