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Global Paints & coatings Market Forecasts Impressive Growth by 2024

Press release from: Data Bridge Market Research
Global Paints and Coatings Market– Industry Trends and Forecast to 2024
Global Paints and Coatings Market– Industry Trends and Forecast to 2024


Global Paints & coatings Market, By Resin Type (Polyurethanes, Acrylic, Polyesters, Epoxy, Alkyd, Others); By Technology (Water Based, Solvent Based, High Solids, Powder, Others), By Application (Architectural, Industrial) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

The Global Paints & Coatings Market accounted for USD 152.0 billion in 2016 and is projected to grow at a CAGR of 5.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Drivers:

• Stringent green environment regulations
• Growing automotive industry
• Provision of durable coatings with better performance and aesthetics
• Increasing popularity of elastomeric coating in tilt-up concrete in building and construction
Market Restraint:
• Environmental concerns with respect to discharge of waste water

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Competitive Landscape

The global paints & coatings market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors

Some of the major players in the paints & coatings market include Akzonobel N.V., PPG Industries, Sherwin-Williams Company, Axalta Coating System LLC, Jotun A/S, Nippon, Paint Holdings Co., Ltd., Asian Paints Limited, Kansai Paints Co., Ltd., RPM International Inc, Valspar Corporation, Tikkurila OYJ, Hempel A/S, Berger Paints India Limited, Shalimar Paints, S K Kaken Co., Ltd, MascoCorporation, BeckersGroup, Dunn-Edwards Corporation, Tiger Coatings GmbH & Co. Kg, Sacal International Group Ltd., Diamond Vogel Paints, Vista Paints Corporation, Indigo Paints Pvt Ltd, Kelly-Moore Paints, BASF Coatings GmbH and many more.

Market Segmentation

The paints & coatings market is segmented on the basis of resin type into acrylic, polyesters, epoxy, alkyd, and others. Acrylic resins are expected to grow at the highest CAGR over the forecast period.

On the basis of Technology, the market is segmented into water based, solvent based, high solids, powder, and others.

On the basis of application, the market is segmented into
• Architectural
• industrial

On the basis of geography, the paints & coatings market report covers data points for 28 countries across multiple geographies such as
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
Investor: investors@databridgemarketresearch.com
Visit Blog databridgemarketresearch.com/blog/
Follow us on LinkedIn: www.linkedin.com/company/data-bridge-market-research

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
Investor: investors@databridgemarketresearch.com
Visit Blog databridgemarketresearch.com/blog/
Follow us on LinkedIn: www.linkedin.com/company/data-bridge-market-research

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