The paints and coatings manufacturing market consist of the sales of paints and coating by entities (organizations, sole traders or partnerships) that mix pigments, solvents, and binders into paints and other coatings, such as stains, varnishes, lacquers, enamels, shellacs, and water-repellent coatings for concrete and masonry, and/or produce allied paint products, such as putties, paint and varnish removers, paint brush cleaners, and frit.
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Paints And Coatings Market Size
The paints and coatings market expected to reach a value of nearly $314.54 billion by 2022, significantly growing at a CAGR of 8.9% during the forecast period. The growth in the paints and coatings manufacturing market is due to increase in increasing infrastructure and rising investments in the construction industry. However, the market for paints and coatings is expected to face certain restraints from several factors such as rising safety concerns during manufacturing.
The global paints and coatings market is further segmented based on type and geography.
By Type – The paints and coatings market is segmented into water borne coatings, solvent based coatings, powder coatings, others – paints and coatings. Among these segments, the water borne coatings market accounts for the largest share in the global paints and coatings manufacturing market.
By Geography – The global paints and coatings manufacturing is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia Pacific accounted for the largest region in the global paints and coatings market.
Major players in the global paints and coatings market include PPG Industries Inc, The Sherwin-Williams Company, AkzoNobel N.V, Dow Chemical, RPM International Inc.
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Few Points From Table of Contents:
7. Paints And Coatings Market Trends And Strategies
8. Paints And Coatings Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Paints And Coatings Market Regional Analysis
9.1. Global Paints And Coatings Market, 2018, By Region, Value ($ Billion)
9.2. Global Paints And Coatings Market, 2014 – 2022, Historic And Forecast, By Region
9.3. Global Paints And Coatings Market, Growth And Market Share Comparison, By Region
10. Paints And Coatings Market Segmentation
10.1. Global Paints And Coatings Market, Segmentation By Type, 2014 – 2022, Value ($ Billion)
10.1.1. Water Borne Coatings
10.1.2. Solvent Based Coatings
10.1.3. Powder Coatings
10.1.4. Others – Paints And Coatings
11. Paints And Coatings Market Metrics
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