A thriving construction sector to propel growth around the world
According to a new market research report launched by Inkwood Research, the global paints and coatings market is expected to grow approximately $207.72 billion by 2028, growing at a CAGR of 6.22% between 2019 and 2028.
Browse 69 market data tables and 57 figures spread over 193 pages, as well as an in-depth analysis of the global paints and coatings market by resin type, technology, applications and geography
Request a Free Sample Report for the Global Paints and Coatings Market by Resin Type, Technology, Applications, and Geography: https://www.inkwoodresearch.com/reports/paints-and-coatings-market/#request-free-sample
Global Paints and Coatings Market Scenario
Paint is a liquefiable solution that primarily includes solvents. Coating is a coating, also called a substrate, applied to the surface of an object. Paints and coatings provide an aesthetic and glossy appearance to a surface. The largest consumer of paints and coatings in the world is the construction industry. The global construction industry is expected to register substantial growth in the coming years. In regions like Asia Pacific, the industry is set to become the largest and fastest growing industry. This is attributed to the growing demand for residential construction due to rapid population growth. This will increase the use of architectural paints and coatings.
The construction industry in ASEAN countries is one of the fastest growing markets. It is also expected to house the largest market share in the global construction market. Many countries like Thailand, Philippines, Vietnam, Indonesia and Singapore are seeing an increase in construction activities. These factors are expected to influence the growth of the global paints and coatings market. However, commodity price volatility and stringent regulations are hampering the growth of the market.
The Global Paints and Coatings Market report provides data tables and includes tables and charts for visual analysis.
Market by Resin Type
• Other type of resin
Market by technology
• Powder coatings
• High solids content
• Radiation hardened
• Other emerging technologies
Market by applications
o General Industrial
o Aeronautics & Marine
o Industrial wood coatings
o Other industrial applications
o Durable consumer goods
– The report provides a detailed analysis of current and future market trends, to identify investment opportunities
– Market forecast to 2028, using estimated market values as base figures
– Key market trends across business segments, regions and countries
– Main developments and strategies observed on the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– Detailed company profiles of key players and upcoming top players
– Growth prospects for emerging countries until 2028
• NIPPON PAINT HOLDINGS CO LTD
• PPG INDUSTRIES INC.
• DAVIES PAINTING PHILIPPINES INC
• TOA PAINT (THAILAND) PUBLIC COMPANY LIMITED
• JOTUN GROUP
• AXALTA COATING SYSTEMS LTD
• KANSAI PAINTING CO LTD
• LIMITED ASIAN PAINTINGS
• KOVA PAINTING CO LTD
• PT PROPAN RAYA ICC
• RPM INTERNATIONAL INC.
• INDIAN SHEPHERD PAINTINGS LIMITED
• HAYMES PAINTING
• THE SHERWIN-WILLIAMS COMPANY
• AKZO NOBEL SA
• PACIFIC PAINT (BOYSEN) PHILIPPINES INC
GLOBAL WOOD CLADDING MARKET – The global wood cladding market is expected to grow with a CAGR of 6.23% between 2019 and 2027.
GLOBAL AUTOMOTIVE PAINTS AND COATINGS MARKET – The global automotive paints and coatings market is expected to register a CAGR of 3.58% during the forecast period.
GLOBAL ANTIFOAM COATING ADDITIVES MARKET – The global antifoam coating additives market is expected to project a CAGR of 5.74% between 2018 and 2026.
GLOBAL NANORCOATINGS MARKET – The global nanocoatings market is expected to register a CAGR of 22.07% during the forecast period 2019-2027.
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This press release was published on openPR.