According to the new market research report by IndustryARC titled “Paints and Coatings Market: By Formulation (High Solids Coating, Solvent Based, Water Based, Powder Coatings and Other); By Resin (Alkyd, Epoxy, Acrylic,Polyurethane, Polyester, Vinyl and Others); By Component (One Component, Two Component); By Application (Decorative Paints, Transportation, Industrial, Wood Cuttings and Others); By Geography (North America, Europe, APAC and Row) – Forecast(2018 2023) ,” the market will be driven growing number of end-user industries such as housing, construction and transportation.
Asia-Pacific will Dominate the Paints and Coatings Market
Asia-Pacific will have the largest share in the Paints and Coatings Market during the forecast period owing to the growth of automobile and construction industries. Countries such as India, Vietnam, and Taiwan will witness an increasing number of dye manufacturers, which will further drive the market in the region. The growth of the electronic industries in Thailand, China, and India also drives the market in Asia-Pacific.
Paints and Coatings Market Regulatory Analysis Done in the Full Report:
The architectural and decorative coats sector will have the largest share in the Paints and Coatings Market in the coming years. In emerging economies, the increase in construction spending will spur the demand for varnishes and coats in buildings and construction, which in turn elevates the demand for this sector. The growing demand for coats by the water-based and powder-based glazes owing to changes in customer preferences will drive the product demand.
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Selected Driving Factors Mentioned in the Full Report
- Increasing number of nuclear families will drive the demand for new houses which in turn drives the growth of industrial paint.
- The increasing market for consumer goods and automobiles will enhance the demand for the paints and coatings market.
- Advancements in technology boost the growth of coating products during the forecast period.
- Increasing awareness of VOC content among the end users will enhance the growth of water-based products which in turn drives the paints and coatings market.
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Key Players of the Paints and Coatings Market
The key players of the Paints and Coatings Market include PPG industries, Akzonobel, and Sherwin Williams. PPG industries provide industrial coatings for appliances, agricultural and construction equipment, consumer electronics, etc. Akzonobel is involved in the production of marine coatings, metal coatings, protective coatings, powder coatings, and specialty coatings. Sherwin Williams produces high-quality coatings for all exterior substrates.
The Paints and Coatings Market Is Segmented as Indicated Below:
A. Paints and Coatings Market By Formulation
1. High Solid Coatings
2. Waterborne Coatings
3. Solvent-borne Coatings
4. Powder Coatings
5. Other
B. Paints and Coatings Market By Component
1. One Component
2. Two Component
C. Paints and Coatings Market By Resin
1. Alkyd
2. Epoxy
3. Acrylic
4. Polyurethane
5. Polyester
6. Vinyl
7. Other
D. Paints and Coatings Market By Application
1. Decorative Paints
1.1. Residential Construction
1.1.1. New Construction
1.1.2. Reconstruction
1.2. Non Residential Construction
1.2.1. Commercial
1.2.2. Architectural
1.2.3. Others
2. Marine
2.1. Cargo Ships
2.2. Passenger Ships
2.3. Boats
2.4. Containers
2.5. Shipyards
2.6. Yachts
2.7. Container vessels
2.8. Others
3. Packaging
4. Aerospace
5. Wood Coatings
6. Aerospace
6.1. Commercial Aviation
6.2. Military Aviation
6.3. General Aviation
6.4. Others
7. Automotive
7.1. Light Vehicles OEM’S
7.1.1. Passenger Cars
7.1.2. Light Duty Commercial Vehicles
7.1.3. Bikes
7.1.4. Others
7.2. Commercial Vehicles
7.2.1. Medium Duty
7.2.2. Heavy Duty
7.2.3. Trucks
7.2.4. Buses
7.2.5. Rail Cars
7.2.6. Others
7.3. Industrial Vehicles
7.4. Refinish & Aftermarket
7.5. Others
8. Electrical & Electronics
9. Medical
9.1. Orthopedic Implants
9.2. Dental Implants
9.3. Cardiovascular Implants
9.4. Others
10. Architecture
10.1. Furniture
10.2. Cabinets
10.3. Siding
10.4. Flooring
10.5. Decking
10.6. Others
11. Packaging
12. Paper & Paperboard
12.1. Metal Container and Closure Finishes
12.2. Film & Foil Finishes
12.3. Others
13. Industrial
13.1. Textile
13.2. Oil & Gas
13.3. Others
14. Energy
15. Telecommunication
16. Others
E. Paints and Coatings Market By Geography (16+ countries)
F. Paints and Coatings Market Entropy
G. Company Profiles
1. PPG Industries
2. Akzonobel
3. Sherwin Williams
4. Alaxta
More than 10 companies are profiled in this report
H. Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
Related Reports:
- A.High-Performance Pigments Market
- B.Decorative Coatings Market
What can you expect from the report?
The Paints and Coatings Market Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories
2. Market Trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End User Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis (By Revenue & Volume)
12. Country-level Analysis (15+)
13. Competitor Analysis
14. Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Strategic Analysis
18. Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Revenue and Volume Analysis
FAQs:
Does IndustryARC publish country, geography, or application–based reports in Paints and Coatings Market?
Yes, we do have separate reports and database as mentioned below:
1. Paints and Coatings Market Report (2018-2023)
2. North America Paints and Coatings Market Analysis (2018-2023)
3. South America Paints and Coatings Market Size (2018-2023)
4. Europe Paints and Coatings Market Share (2018-2023)
5. Asia Pacific Paints and Coatings Market Trends (2018-2023)
6. The Middle East & Africa Paints and Coatings Market Forecast (2018-2023)
7. Marine Paints and Coatings Market Growth (2018-2023)
8. Packaging Paints and Coatings Market (2018-2023)
Does IndustryARC provide customized reports and charge additionally for limited customization?
Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customizations:
1. Increase the level of data in the application or end-user industry.
2. Increase the number of countries in geography or product chapter.
3. Find out market shares for other smaller companies or companies that are of interest to you
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, and value and supply chain analysis can be requested for a country or end-use segment.
Any other major customizations can be discussed with our team. We can also provide you with a separate quote based on your requirements. You can drop an e-mail to sales@industryarc.com to learn more about our consulting services.
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