The report on the Global Paints And Coatings Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Paints and coatings are the chemical composition of resins available in vibrant colours that cover the applied surface or object. The main function of paints and coatings are decoration and protection of the applied surface. By function, major industry is acquired by architectural paints and coatings. Construction and maintenance of existing structures such as residential homes and apartments, public buildings, etc. add to the architectural segment. Industrial paints and coatings used for increasing the life of the products follow architectural paints and coatings.
Impending government regulations have replaced conventional low-solids, solvent-based formulations and waterborne (latex) paints by the new technologies with more efficiency and effectiveness. Paints and coatings industry is focusing on reducing the emission of volatile organic compounds (VOCs) and developing low solvent and non-solvent coatings.
Thermosetting emulsion, colloidal dispersion, water-soluble, solvent-based coating, two-component systems coating, powder coatings, UV-based coatings, high-solids coatings and radiation-curable coatings are the new technologies used by the global paints and coatings companies. There is an upcoming technology named nanotechnology that has several patents in coating. Nanotubes will be an ultramodern technology that will be used for electrically conductive coatings but will be limited to highly specialized applications due to high cost in development. Construction and automotive and aviation industries are the prime end-users of paints and coatings.
Asia Pacific is the leading region in terms of consumption in the global paints and coatings market. Growth in residential construction, automotives, consumer goods and rising populations are the driving force in the growth of this region. Asia Pacific is followed by Europe and North America, which are becoming matured market in the global paints and coatings industry. Asia-Pacific, Latin America, and the Middle East region is estimated to experience rapid growth in terms of CAGR.
Major companies in the global paints and coatings market are:
SEGMENTATIONS IN REPORT:
Paints And Coatings By Formulations:
- Akzo Nobel N.V.
- Nippon Paint
- Axalta (formerly DuPont)
- Chugoku Marine Paint
- PPG Industries
- Sherwin-Williams Company
- RPM International
- Valspar Corporation
- Kansai Paint Company
- Many others
Paints And Coatings By Technology:
- Powder Coatings
- UV-based Coatings
Paints And Coatings By Market:
- High Solids/Radiation curable coatings
- Powder Coatings
- Waterborne Coatings
- Solvent Borne Technologies
- two-component systems
- Others (Nanotechnology, etc.)
Paints And Coatings By End-Users:
- Specialty Paints And Coating
Paints And Coatings By Geography:
- Automotives And Aviation
- Residential Construction
- Medical And Healthcare
The Global Paints And Coatings Market has been exhibited in detail in the following chapters -
- North America
- Asia Pacific
- Latin America
Chapter 1 Paints And Coatings Market Preface
Chapter 2 Executive Summary
Chapter 3 Paints And Coatings Industry Analysis
Chapter 4 Paints And Coatings Market Value Chain Analysis
Chapter 5 Paints And Coatings Market Analysis By Formulations
Chapter 6 Paints And Coatings Market Analysis By Technology
Chapter 7 Paints And Coatings Market Analysis By Market
Chapter 8 Paints And Coatings Market Analysis By End-Users
Chapter 9 Paints And Coatings Market Analysis By Geography
Chapter 10 Competitive Landscape Of Paints And Coatings Companies
Chapter 11 Company Profiles Of Paints And Coatings Industry