Global Paints & Coatings Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

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Sequential coating application of paints or paints applied over metal coatings to form a ‘duplex’ coating system is typically modern specifications. The most widely used material for protecting steel is painted.

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Global Paints & Coatings Market: Market Segments: By Resin Type (Acrylic, Polyester, Polyurethane, Epoxy); By Formulation (Water-Based, Solvent-Based, Powder Coatings, UV Coatings); By Application (Architectural & Decorative, Industrial, Marine) and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Product Overview
Sequential coating application of paints or paints applied over metal coatings to form a ‘duplex’ coating system is typically modern specifications. The most widely used material for protecting steel is painted. Generally, the defensive paint schemes consist of primer and finish coats. Binders, solvents, pigments, and chemicals are the fundamental ingredients used to produce paints.
Market Highlights
Global Paints & Coatings Market is expected to project a notable CAGR of XX.X% in 2030.
Global Paints & Coatings Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. The main factors helping the market to prosper are expansion in the automotive industry, growth in construction activities, and growing consumption of paints and coatings by the oil and gas industry.
Global Paints & Coatings Market: Segments
Acrylic Segment to grow with the highest CAGR of XX.X% during 2019-30
Global Paints & Coatings Market is segmented by resin type into polyester, acrylic, epoxy, polyurethane, and others. The greater market share in 2019 was accounted for by the acrylic in the paints and coatings market in 2019, which can be mainly attributed to the high adoption of acrylic paints on account of their high elasticity, solubility, versatility, water-resistance, and non-toxicity.
Global Paints & Coatings Market: Market Dynamics
Drivers
Growth of the construction industry
In developing countries, there is a large untapped market for the construction industry, which has been increasing every year due to the increasing global population. Demand for construction materials, including paints and coatings, is created by these factors. Demand for consumer goods and automobiles has been fueling the increasing population and per capita income, which in turn is boosting industrialization.
Restrain
Increasing raw material prices
Resins, pigments, solvents, and additives are the traditional raw materials employed for the manufacture of paints and coatings. The rising cost of these raw materials is leading to additional investments by manufacturers of paints and coatings.
Global Paints & Coatings Market: Regions
Global Paints & Coatings Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Global Paints & Coatings Market in Asia-Pacific held the largest market share of XX.X% in 2019 and the trend is likely to continue during the forecast period. Increasing construction activities and increasing demand from the automotive sector are expected to drive the market over the forecast period in emerging countries, such as China, India, Japan, and Southeast Asia. In addition, the easy availability of raw materials, coupled with less stringent legislation on VOC emissions compared to legislation in North America and Europe, has provided the market with enormous growth opportunities.
Key Developments in the Market:
• In June 2019, Sherwin-Williams introduced a new quick-drying coating, Moisture Vapor Barrier Interior Latex Primer/Sealer, to help reduce the moisture through ceilings and walls. The new coating provided a cost-effective solution to the problems faced in manufactured housing facilities.
Global Paints & Coatings Market: Key Players
• The Sherwin-Williams Co
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• 3M Co.
• Akzo Nobel NV
• BASF SE
• Henkel AG & Co. KGaA
• Jotun AS
• Nippon Paint Holdings Co. Ltd.
• PPG Industries Inc.
• RPM International Inc.
• Sika AG
Global Paints & Coatings Market report also contains analysis on:
Global Paints & Coatings Market:
By Resin Type:
• Acrylic
• Polyester
Polyurethane
• Epoxy
• Others
By Formulation:
Powder coatings
• Solvent-based
• Water-based
• UV- coatings
By Application:
• Architectural and decorative
o Residential
o Non-residential
• Industrial
o Automotive OEM
o Automotive refinish
o Wood
o Coil
o Can
o Manufacturing
o Others
• Marine
• Paints and Coatings Market Dynamics
• Paints and Coatings Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

Additional information

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Geography Covered

Date Published

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Format

Table of Contents

1. Executive Summary
2. Global Paints & Coatings Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Paints & Coatings Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Paints & Coatings Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Global Paints & Coatings Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Europe: (Brazil, Mexico, Argentina, Rest of Latin America)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Asia-Pacific: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. LATAM: (Brazil, South Africa, Saudi Arabia, U.A.E. and Other Countries)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Type: Market Share (2020-2030F)
12.2.1. Electrography, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Acrylic, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. Polyester, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.4. Polyurethane, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.5. Epoxy, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3. By Formulation: Market Share (2020-2030F)
12.3.1. Powder coatings, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Solvent-based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.3. Water-based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.4. UV-coating, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4. By Application: Market Share (2020-2030F)
12.4.1. Architectural and decorative, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. Industrial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.3. Packaging, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.4. Marine, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13 Company Profile
13.1. Akzo Nobel N.V.
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. PPG Industries Inc.
13.3. The Sherwin-Williams Company.
13.4. Kansai Paint Co. Ltd.
13.5. Nippon Paint Holdings Co. Ltd
13.6. BASF SE.
13.7. RPM International Inc
13.8. Jotun A/S
13.9. Axalta Coating Systems Ltd
13.10. Other Prominent Players
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

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