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Paints and Coatings Market

Paints and Coatings Market Analysis - By Resin (Architectural Resins (Vinyl Acrylate, Pure Acrylic, Acetate, Styrene Acrylic & Alkyd), Other Resins)), By Technology (Water-Borne, Solvent-Borne, Powder Coating& UV-Curved Coating), By End-user (Automotive, Wood Protective, Coating, General Industrial,Transportation & Packaging), By Region (North America (United States & Canada), Europe (United Kingdom, Italy, Germany, Spain, France & Rest of Europe), Asia Pacific (India, China, Japan, South Korea, Australia, New Zealand, Rest of APAC), Latin America (Brazil, Mexico, Argentina & Rest of Latin America), Middle East & Africa) - Global Industry Size, Share, Trends, Growth Rate & Forecast | 2019 - 2026

  • ID : 94669517  |  
  • Published : Oct-2019  |  
  • Region : Global  |  
  • Pages : 100   |  
  • Publisher : Polaris Market Research

Paints and Coatings Market Size, Growth, Trends & Forecast (2019 - 2026)

The Global Paints and Coatings Market is anticipated to reach USD 286.54 billion by 2026 with a CAGR of xx% , during the forecast period 2019 - 2026.

Growth Drivers

  • Global paints & coatings industry is expected to grow significantly over the forecast period from 2018 to 2026 owing to numerous advancements that is driven by a strong rebound in worldwide building, construction, manufacturing primarily in Western Europe, North America and Japan are projected to augment demand for architectural paints & coatings. Demand from automobile, chemical, general industrial manufacturing, etc. will also grow at a higher pace in comparison to its counterparts that will benefit from an improved outlook of higher vehicle production annually along with increasing industrial activities that encompass the use of paints & coatings.

  • Increasing demand for these products in automobiles owing to its growing popularity of protecting the architectural or non-architectural surfaces from extreme heat, acid rain, dust, UV radiations, etc. along with its inherent characteristics of enhancing appearance is projected to be the major factors driving the demand for paints & coatings. These products used for paint or coat surfaces of buildings, automobiles, pipelines, wood, packaging products, marine vessels or any surface are capable of producing long-lasting surfaces in satisfying customers’ needs along with maximizing efficiencies, enhancing the appearance and meeting environmental regulations.

  • The present trends of paints & coatings and its application process are aggravated by its shrinking cost of manufacturing, delivering buyer satisfaction by means of corrosion protection and enhancing aesthetic features, along with mitigating environmental concerns. A tremendous quantity of consideration has already been put into the current used paints & coating systems, and they carry a level of sophistication that has been satisfying most customers globally. The advent of the new smart coatings and paints has almost alleviated the problem of corrosion, appearance, and durability of components wherever these are applied making them perfectly acceptable for a lifetime. The emergence of two-layer topcoats worldwide and the gloss, color, and chip resistance offered by these products remain functional in it's first seven to ten years of use. These advantages associated with the products are the primary reasons anticipated to drive the market.

Paints and Coatings Market is Segmented & Sub-Segmented into:

Paints and Coatings Market - By Resin

  • Architectural Resins

    • Vinyl Acrylate
    • Pure Acrylic
    • Acetate
    • Styrene Acrylic
    • Alkyd

  • Other Resins

Paints and Coatings Market - By Technology

  • Water-Borne
  • Solvent-Borne
  • Powder Coating
  • UV-Curved Coating

Paints and Coatings Market - By End-user

  • Automotive
  • Wood
  • Protective Coating
  • General Industrial
  • Transportation
  • Packaging

Paints and Coatings Market - By Region

  • North-America
  • Latin America
  •  Asia-pacific
  • Europe
  • Middle East & Africa

The Asia Pacific was the largest regional market in 2017 and it is expected to emerge as the fastest-growing regional industry. The region is anticipated to account for the maximum share of the overall worldwide market in terms of consumption. The robust increase in product demand from the Chinese economy and the emerging markets of the region including India, Vietnam, Thailand, and Indonesia are the major trends.

Some of the Prominent Companies of the Paints and Coatings Market are:

  1.  Akzonobel N.V.,
  2. BASF Coatings GmbH,
  3. Kelly-Moore Paints,
  4. Indigo Paints Pvt Ltd,
  5. Vista Paints Corporation,
  6. Diamond Vogel Paints,
  7. Sacal Inetrnational Group Ltd.,
  8. Tiger Coatings GmbH & Co. Kg,
  9. Dunn-Edwards Corporation,
  10. Beckers Group,
  11. Masco Corporation,
  12. S K Kaken Co., Ltd,
  13. Shalimar Paints,
  14. Berger Paints India Limited,
  15. Hempel A/S,
  16. Tikkurila OYJ,
  17. Valspar Corporation,
  18. RPM International Inc,
  19. Kansai Paints Co., Ltd.,
  20. Asian Paints Limited,
  21. Nippon Paint Holdings Co., Ltd.,
  22. Jotun A/S
  23. , Axalta Coating System LLC,
  24. Sherwin-Williams Company
  25. PPG Industries.

Table of Contents

1. Overview and Scope

1.1. Research goal & scope

1.2. Research assumptions

1.3. Research Methodology

1.3.1. Primary data sources

1.3.2. Secondary data sources

1.4. Key take-away

1.5. Stakeholders

2. Executive Summary

2.1. Market Definition

2.2. Market Segmentation

3. Paints & Coatings Market Insights

3.1. Paints & Coatings– Industry snapshot

3.2. Paints & Coatings -Ecosystem analysis

3.3. Paints & Coatings market dynamics

3.3.1. Paints & Coatings– Market Forces

3.3.1.1. Paints & Coatings Market driver analysis

3.3.1.2. Paints & Coatings Market restraint/challenges analysis

3.3.1.3. Paints & Coatings Market opportunity analysis

3.3.2. Industry analysis - Porter's five force

3.3.2.1. Bargaining power of supplier

3.3.2.2. Bargaining power of buyer

3.3.2.3. Threat of substitute

3.3.2.4. Threat of new entrant

3.3.2.5. Degree of competition

3.3.3. Paints & Coatings market PEST analysis, 2017

3.3.4. Paints & Coatings market Value Chain analysis

3.3.5. Paints & Coatings Industry trends

3.3.6. Competitive Ranking Analysis

4. Paints & Coatings Market Size and Forecast by Resin Type

4.1. Key Findings

4.2. Epoxy Resin

4.2.1. Global Market Estimates and Forecasts, 2017-2026

4.3. Acrylic

4.3.1. Global Market Estimates and Forecasts, 2017-2026

4.4. Alkyd

4.4.1. Global Market Estimates and Forecasts, 2017-2026

4.5. Polyester

4.5.1. Global Market Estimates and Forecasts, 2017-2026

4.6. Polyurethane

4.6.1. Global Market Estimates and Forecasts, 2017-2026

4.7. Others

4.7.1. Global Market Estimates and Forecasts, 2017-2026

5. Paints & Coatings Market Size and Forecast by Technology Type

5.1. Key Findings

5.2. Solvent-Based

5.2.1. Global Market Estimates and Forecasts, 2017-2026

5.3. Water-Based

5.3.1. Global Market Estimates and Forecasts, 2017-2026

5.4. High Solids

5.4.1. Global Market Estimates and Forecasts, 2017-2026

5.5. Powder Coatings

5.5.1. Global Market Estimates and Forecasts, 2017-2026

5.6. Others

5.6.1. Global Market Estimates and Forecasts, 2017-2026

6. Paints & Coatings Market Size and Forecast by End-Use

6.1. Key Findings

6.2. Architectural

6.2.1. Global Market Estimates and Forecasts, 2017-2026

6.3. Infrastructure

6.3.1. Global Market Estimates and Forecasts, 2017-2026

6.4. Residential

6.4.1. Global Market Estimates and Forecasts, 2017-2026

6.5. Non-Residential

6.5.1. Global Market Estimates and Forecasts, 2017-2026

6.6. Non-Architectural

6.6.1. Global Market Estimates and Forecasts, 2017-2026

6.7. Automotive

6.7.1. Global Market Estimates and Forecasts, 2017-2026

6.8. Industrial

6.8.1. Global Market Estimates and Forecasts, 2017-2026

6.9. Wood

6.9.1. Global Market Estimates and Forecasts, 2017-2026

6.10. Marine

6.10.1. Global Market Estimates and Forecasts, 2017-2026

6.11. Aerospace

6.11.1. Global Market Estimates and Forecasts, 2017-2026

6.12. Packaging

6.12.1. Global Market Estimates and Forecasts, 2017-2026

6.13. Others

6.13.1. Global Market Estimates and Forecasts, 2017-2026

7. Paints & Coatings Market Size and Forecast by Regions

7.1. Key findings

7.2. North America

7.2.1. Paints & Coatings market by resin type, 2017 - 2026

7.2.2. Paints & Coatings market by technology type, 2017 - 2026

7.2.3. Paints & Coatings market by end-use type, 2017 - 2026

7.2.4. U.S.

7.2.4.1. Paints & Coatings market by resin type, 2017 - 2026

7.2.4.2. Paints & Coatings market by technology type, 2017 - 2026

7.2.4.3. Paints & Coatings market by end-use type, 2017 - 2026

7.2.5. Canada

7.2.5.1. Paints & Coatings market by resin type, 2017 - 2026

7.2.5.2. Paints & Coatings market by technology type, 2017 - 2026

7.2.5.3. Paints & Coatings market by end-use type, 2017 - 2026

7.3. Europe

7.3.1. Paints & Coatings market by resin type, 2017 - 2026

7.3.2. Paints & Coatings market by technology type, 2017 - 2026

7.3.3. Paints & Coatings market by end-use type, 2017 - 2026

7.3.4. Germany

7.3.4.1. Paints & Coatings market by resin type, 2017 - 2026

7.3.4.2. Paints & Coatings market by technology type, 2017 - 2026

7.3.4.3. Paints & Coatings market by end-use type, 2017 - 2026

7.3.5. UK

7.3.5.1. Paints & Coatings market by resin type, 2017 - 2026

7.3.5.2. Paints & Coatings market by technology type, 2017 - 2026

7.3.5.3. Paints & Coatings market by end-use type, 2017 - 2026

7.3.6. France

7.3.6.1. Paints & Coatings market by resin type, 2017 - 2026

7.3.6.2. Paints & Coatings market by technology type, 2017 - 2026

7.3.6.3. Paints & Coatings market by end-use type, 2017 - 2026

7.4. Asia Pacific

7.4.1. Paints & Coatings market by resin type, 2017 - 2026

7.4.2. Paints & Coatings market by technology type, 2017 - 2026

7.4.3. Paints & Coatings market by end-use type, 2017 - 2026

7.4.4. China

7.4.4.1. Paints & Coatings market by resin type, 2017 - 2026

7.4.4.2. Paints & Coatings market by technology type, 2017 - 2026

7.4.4.3. Paints & Coatings market by end-use type, 2017 - 2026

7.4.5. India

7.4.5.1. Paints & Coatings market by resin type, 2017 - 2026

7.4.5.2. Paints & Coatings market by technology type, 2017 - 2026

7.4.5.3. Paints & Coatings market by end-use type, 2017 - 2026

7.4.6. Japan

7.4.6.1. Paints & Coatings market by resin type, 2017 - 2026

7.4.6.2. Paints & Coatings market by technology type, 2017 - 2026

7.4.6.3. Paints & Coatings market by end-use type, 2017 - 2026

7.5. Latin America

7.5.1. Paints & Coatings market by resin type, 2017 - 2026

7.5.2. Paints & Coatings market by technology type, 2017 - 2026

7.5.3. Paints & Coatings market by end-use type, 2017 - 2026

7.5.4. Brazil

7.5.4.1. Paints & Coatings market by resin type, 2017 - 2026

7.5.4.2. Paints & Coatings market by technology type, 2017 - 2026

7.5.4.3. Paints & Coatings market by end-use type, 2017 - 2026

7.5.5. Mexico

7.5.5.1. Paints & Coatings market by resin type, 2017 - 2026

7.5.5.2. Paints & Coatings market by technology type, 2017 - 2026

7.5.5.3. Paints & Coatings market by end-use type, 2017 - 2026

7.6. Middle East & Africa

7.6.1. Paints & Coatings market by resin type, 2017 - 2026

7.6.2. Paints & Coatings market by technology type, 2017 - 2026

7.6.3. Paints & Coatings market by end-use type, 2017 - 2026

8. Company Profiles

8.1. PPG Industries

8.1.1. Overview

8.1.2. Financials

8.1.3. Product Benchmarking

8.1.4. Recent Developments

8.2. Akzonobel N.V.

8.2.1. Overview

8.2.2. Financials

8.2.3. Product Benchmarking

8.2.4. Recent Developments

8.3. Axalta Coating System LLC

8.3.1. Overview

8.3.2. Financials

8.3.3. Product Benchmarking

8.3.4. Recent Developments

8.4. Sherwin-Williams Company

8.4.1. Overview

8.4.2. Financials

8.4.3. Product Benchmarking

8.4.4. Recent Developments

8.5. Jotun A/S

8.5.1. Overview

8.5.2. Financials

8.5.3. Product Benchmarking

8.5.4. Recent Developments

8.6. Axalta Coating System LLC

8.6.1. Overview

8.6.2. Financials

8.6.3. Product Benchmarking

8.6.4. Recent Developments

8.7. Asian Paints Limited

8.7.1. Overview

8.7.2. Financials

8.7.3. Product Benchmarking

8.7.4. Recent Developments

8.8. Nippon Paint Holdings Co., Ltd.

8.8.1. Overview

8.8.2. Financials

8.8.3. Product Benchmarking

8.8.4. Recent Developments

8.9. Kansai Paints Co., Ltd.

8.9.1. Overview

8.9.2. Financials

8.9.3. Product Benchmarking

8.9.4. Recent Developments

8.10. RPM International Inc

8.10.1. Overview

8.10.2. Financials

8.10.3. Product Benchmarking

8.10.4. Recent Developments

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