According to a new market research report launched by Inkwood Research, the Global Paints & Coatings Market is expected to progress around $207.72 billion by 2028, with a CAGR of 6.22% between 2021 and 2028.
Browse 69 market data Tables and 57 figures spread over 193 Pages, along with in-depth analysis on Global Paints & Coatings Market by Resin Type, Technology, Applications, & by Geography.
Global Paints & Coatings Market Scenario
Paint is a liquefiable solution which primarily comprise solvents. The coating is a covering, also known as substrate, applied to the surface of an object. Paintings & coatings offer an aesthetic look and gloss to a surface. The largest consumer of paints & coatings in the world is the construction industry. The global construction sector is projected to record substantial growth in the coming years. In regions like the Asia Pacific, the sector is set to become the largest and fastest-growing sector. This is attributed to the increasing demand for residential construction due to the rapidly growing population. This will surge the usage of architectural paints & coatings.
The construction industry of the ASEAN countries is one of the fastest-growing markets. It is also expected to harbor the largest market share in the global construction market. Many countries like Thailand, the Philippines, Vietnam, Indonesia, and Singapore, are witnessing increasing construction activities. Such factors are set to influence the global paints & coatings market growth. However, the volatile prices of raw materials and stringent regulations hamper the market growth.
The Global Paints & Coatings Market report provides data tables and includes charts and graphs for visual analysis.
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Market By Resin Type
- Other Resin Type
Market By Technology
- Powder Coatings
- High Solids
- Radiation Cured
- Other Emerging Technologies
Market By Applications
- General Industrial
- Aerospace & Marine
- Industrial Wood Coatings
- Other Industrial Applications
- Consumer Durables
– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2028, using estimated market values as the base numbers
– Key market trends across the business segments, regions, and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities, and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2028
- NIPPON PAINT HOLDINGS CO LTD
- PPG INDUSTRIES INC
- DAVIES PAINTS PHILIPPINES INC
- TOA PAINT (THAILAND) PUBLIC COMPANY LIMITED
- JOTUN GROUP
- AXALTA COATING SYSTEMS LTD
- KANSAI PAINT CO LTD
- ASIAN PAINTS LIMITED
- KOVA PAINT CO LTD
- PT PROPAN RAYA ICC
- RPM INTERNATIONAL INC
- BERGER PAINTS INDIA LIMITED
- HAYMES PAINT
- THE SHERWIN-WILLIAMS COMPANY
- AKZO NOBEL NV
- PACIFIC PAINT (BOYSEN) PHILIPPINES INC
GLOBAL WOOD COATINGS MARKET – The global wood coatings market is predicted to grow with a CAGR of 6.23% between 2019 and 2027.
GLOBAL AUTOMOTIVE PAINTS & COATINGS MARKET – The global automotive paints & coatings market is projected to record a CAGR of 3.58% during the forecast period.
GLOBAL NANOCOATINGS MARKET – The global nanocoatings market is estimated to register a CAGR of 22.07% during the forecast period, 2019-2027.