Veracious Statistics Research has published the report on Global Paints & Coatings Market and the market research study provides a thorough assessment of the worldwide market based on product types such as minerals and ores, food and farm goods, machinery and tools, chemicals, and others. The study also offers market research based on geographic areas such as America, APAC, and MEA.

Global Paints & Coatings Market size is valued at USD 144.52 billion in 2018 and it is anticipated to expand at a CAGR of 4.99 % during the forecast period that is 2018-2025. The market growth majorly demands by widely used in various end-use in industries such as wood, transportation and general industry among some other industries, due to innovative efforts have further enhanced the efficiency of these chemicals. The significance of this chemicals industry includes the development of apparel industries due to increase in demand for consumers and growth in population. On the region basis the Asia Pacific and North America held the largest market share in 2018 and is expected to show continue growing regional economy during the forecast period.

Global Market Growth Opportunities (Revenue, Growth) By 2018-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global paints & coatings market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global paints & coatings market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By End-Use Insights: Paints & coatings market is depending upon the architectural, automotive, wood, protective coating, general industrial, transportation, and packaging sectors. Paints & coatings are widely used in the architectural sectors for interior and exterior application. The external appearances of the houses are painted and coated to secure them not only from bubbling summers, freezing winters, drenching rain, and the everyday bombing without cracking, with UV radiation.

By Resin Insights: Acrylic, alkyd, epoxy, polyurethane, and polyester are a resin type of paints & coatings. Acrylic resin is the popular component in the emulsion paints. It is based mainly on the monomer of acrylate and methacrylate. In exterior applications, it offers good weather resistance, hydrolysis resistance, brightness, and color retention.

Regional Analysis

The global paints & coatings market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In a particular period, Asia Pacific created the market for paints and coatings. The market is anticipated to be the most rapidly growing in the Asia Pacific after the market growth as the area's houses and commercial buildings are undergoing increasing maintenance and redevelopment operations. The increase in foreign and regime assets contributes to the advancement of the Asia Pacific paints and coatings market. In projected periods, North America was the largest regional paints & coatings market. That high demand for paints & coatings is due to the steadily increasing demand for the construction and automotive sectors in the region.

Global Paints & Coatings Market Size, Share Analysis By Region 2018

Global Paints & Coatings Market Study Objective

1. To forecast the market size of the paints & coatings market in terms of quantity and income as well as market possibilities for shareholders, along with defining and identifying the market, in order to provide a competitive landscape for worldwide market players.

2. Paints & coatings market analysis and forecast based on region, substratum, and implementation or end-use industries. Profiling significant market players and comprehensively analyzing their market stocks and vital skills.

3. To evaluate and elaborate important variables that will have an important effect on edge analytics market growth, such as drivers, constraints, difficulties, and prospects.

4. Paints & coatings market regional assessment to stimulate the size of the market of five main worldwide areas, including Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic assessment of micro markets in terms of individual prospects, possibilities, trends in development and general market participation.

6. To provide a detailed examination of competitive and strategic trends on the paints & coatings market such as a fresh product launch, partnership & contract, investment & development, and mergers & acquisitions of companies.

Key Players Landscape

AkzoNobel N.V., PPG Industries, The Sherwin-Williams Company, Nippon Paint Holding Co. Ltd., Axalta Coatings System LLC, Tikkurila Oyj, Jotun A/S, and RPM International Inc, and others are some of the key players in the market of paints & coatings. 

Global Paints & Coatings Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.