Paints & Coatings Market by Resin Type (Epoxy, Acrylic, Polyurethane, & Others), by Technology (Waterborne, High Solids, Powder, Solvent Borne, & Others), by Application (Architectural & Paints) - Global Forecasts to 2022 - 2027
The global paints and coatings market is expected to reach US$125.0 billion by the end of 2015 and further increase to $190 billion by 2027, at a compound annual growth rate (CAGR) of 3.9% over the period of 2022 through 2027.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
3
REPORT DESCRIPTION
A coating is a covering that is applied to the surface of an object, usually referred to as the substrate. The purpose of applying the coating is protective, decorative,functional, or both. The coating itself may be an all-over coating, completely covering the substrate, and cover parts of the substrate.
The paint and coating market segmented in High Solids/Radiation Cure, Powder Coatings, Waterborne Coatings, and Solvent Borne Technologies. Also for the automotive sector it segmented for Aviation, Medical & Healthcare, Residential, Commercial uses.
The global paints and coatings market is expected to reach US$125.0 billion by the end of 2015 and further increase to $190 billion by 2027, at a compound annual growth rate (CAGR) of 3.9% over the period of 2022 through 2027.
This report provides:
1) An overview of the global market for paints and coatings and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for paints and coatings.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include AkzoNobel N.V., Asian Paints Ltd., Bergers Paints India Ltd., Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company, Diamond Vogel, DowCorning, Helios Group, KCC Corporation, Masco Corporation, PPG Industries etc.company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Paints and Coatings Market has been segmented as below:
by Product Segment Analysis
High solids/radiation cure
Powder coating
Waterborne coating
Solvent-borne technologies
Others (including specialty coatings, etc.)
by End-user Analysis
Automotive & aviation
Medical & healthcare
Residential
Commercial
Others (including other industries, special purpose, etc.)
by Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all active and planned coating industry globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of coating industry and unit capacity data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Secondary Data
2.1.1 Data From Secondary Sources
2.2 Primary Data
2.2.1 Data From Primary Sources
2.2.2 Key Industry Insights
2.2.2.1 Breakdown of Primary Interviews
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions and Limitations
2.5.1 Assumptions
2.5.2 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Paints & Coatings Market
4.2 Paints & Coatings Market–Major Technologies
4.3 Paints & Coatings Market in the Asia-Pacific Region
4.4 Paints & Coatings Market Share, By Region, 2018
4.5 Paints & Coatings Market: Developed vs Developing Nations
4.6 Paints & Coatings Market Share (Value), By Application , 2024
4.7 Paints & Coatings Marketto Witness A Moderate Growth Rate, Between 2018 and 2024
4.8 Life Cycle Analysis, By Region
5 Market Overview
5.1 Introduction
5.1.1 Paints & Coatings Market, By Resin Type
5.1.2 Paints & Coatings Market, By Technology
5.1.3 Paints & Coatings Market, By Application
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Green Environmental Regulations
5.2.1.2 More Durable Coatings With Better Performance and Aesthetics
5.2.1.3 Popularity of Tilt-Up Concrete in Building & Construction
5.2.1.4 Growth in Appliances, Automotive, Architecture, Furniture, and Other End-Use Industries
5.2.1.5 Technological Advancements
5.2.1.6 Increasing Applications of Fluoropolymer in Building & Construction
5.2.2 Restraints
5.2.2.1 Cheaper Substitutes – (Waterborne Coating)
5.2.2.2 Difficulty in Obtaining Thin Films – (Powder Coating)
5.2.2.3 Transportation of Coil Coatings: the Biggest Challenge in the Developing Countries – (Coil Coatings)
5.2.2.4 Requires Higher Dry Film Thickness - (Elastomeric Coating)
5.2.3 Opportunities
5.2.3.1 Booming Construction Industry
5.2.3.2 Growth Opportunity in Emerging Economies
5.2.3.3 Attractive Prospects for Powder Coatings in Shipbuilding and Pipeline Industries -
5.2.3.4 Growing Automotive Market in Asia-Pacific and Middle East
5.2.4 Challenges
5.2.4.1 Stringent Regulatory Policies
5.2.4.2 Environmental Challenges
6 Industry Trends
6.1 Value Chain Analysis
6.2 Porter’s Five Forces Analysis
6.2.1 Threat of New Entrants
6.2.2 Threat of Substitutes
6.2.3 Bargaining Power of Buyers
6.2.4 Bargaining Power of Suppliers
6.2.5 Intensity of Competitive Rivalry
7 Paints & Coatings Market, By Resin Type
7.1 Introduction
7.2 Acrylic
7.3 Alkyd
7.4 Epoxy
7.5 Polyester
7.6 Polyurethane
7.7 Others
8 Paints & Coatings Market, By Technology
8.1 Introduction
8.2 Waterborne
8.2.1 Types of Waterborne Coatings
8.2.2 Resin Types for Waterborne Coatings
8.2.3 Applications
8.2.4 Advantages and Disadvantages
8.3 Solventborne
8.3.1 Advantages and Disadvantages
8.4 High Solids
8.4.1 Types of High Solids Coating Systems
8.4.2 Applications
8.4.2.1 Product Finishing
8.4.2.2 Automotive
8.4.3 Advantages and Disadvantages
8.5 Powder
8.5.1 Types of Powder Coatings
8.5.2 Advantages and Disadvantages of Powder Coatings
8.6 Others (UV & EB)
8.6.1 Resin Systems
8.6.2 Applications
8.6.3 Advantages
8.6.4 Limitations
9 Paints & Coatings Market, By Application
9.1 Introduction
9.2 Architectural Application
9.3 Industrial Application
9.3.1 Appliances Coatings
9.3.2 Automotive Coatings
9.3.3 General Industrial Coatings
9.3.4 Furniture Coatings
9.3.5 High Performance Coatings
10 Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Western Europe
10.3.1 Germany
10.3.2 Italy
10.3.3 Spain
10.3.4 France
10.3.5 Others
10.4 Asia-Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Others
10.5 RoW
10.5.1 Russia
10.5.2 Brazil
10.5.3 Middle East
10.5.4 Others
11 Competitive Landscape
11.1 Overview
11.2 Competitive Situations & Trends
11.3 Battle for Market Share: Investments & Expansions and New Product Launches Were the Key Strategies (2011–2015)
11.4 Paints & Coatings Market Share Analysis
11.5 Investments & Expansions
11.6 New Product Launches
11.7 Agreements, Partnerships, Collaborations & Joint Ventures
12 Company Profiles
12.1 Introduction
12.2 Akzonobel N.V.
12.3 PPG Industries, Inc.
12.4 The Sherwin-Williams Company
12.5 Axalta Coating Systems LLC
12.6 BASF SE
12.7 Progressive Painting Inc.
12.8 Jotun A/S
12.9 The DOW Chemical Company
12.10 Nippon Paint
12.11 Asian Paints Limited
The Paints and Coatings Market has been segmented as below:
by Product Segment Analysis
High solids/radiation cure
Powder coating
Waterborne coating
Solvent-borne technologies
Others (including specialty coatings, etc.)
by End-user Analysis
Automotive & aviation
Medical & healthcare
Residential
Commercial
Others (including other industries, special purpose, etc.)
by Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
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