Global Paints and Coatings Market Analysis by Types, Key Formulatorss, Applications Area, Advanced Technology and Forecast 2018-2022
Paints and coatings market is expected to grow at a considerable rate in coming years. Paints and Coatings Market Report, has been prepared based on inputs from industry experts. It covers the market landscape and growth prospects with the overview on demand from key countries.
Dallas, United States – September 14, 2018 /MarketersMedia/ —
Global Paints and Coatings Market report provides an extensive research on the fast-evolving Paints and Coatings Market. It also gives competitive landscape of the leading companies with regional and Global analysis of the market till 2022.
The report Global Paints & Coatings Market: Industry Analysis & Outlook (2018-2022) analyses the development of this market, with focus on North America, Latin America and Asia Pacific markets. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report.
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Paint is a coloured ingredient which is spread over a surface and then dries to leave a thin decorative or protective coating. It is used to describe a number of substances that consist of a pigment suspended in a liquid or paste form such as oil or water.
With a brush, a roller, or a spray gun, paint is applied in a thin coat to various surfaces such as wood, metal, or stone. Although, the primary purpose of a paint is to protect the surface to which it is applied, it also provides decoration. Today, paints are used for interior and exterior building painting, automobiles, planes, appliances, furniture, and many other places where protection and appeal are desired.
The four major players profiled along with their key financials and strategies for growth are –
~PPG Industries Inc.
~Sherwin-Williams
~AkzoNobel
~Axalta Coating Systems
The market can be divided into three broad segments – namely architectural segment that depends heavily on the performance of the building & construction sector, industrial paints and coatings segment that is closely related to the automotive, major appliances and industrial equipment sectors and specialty paints and coatings which includes a wide array of divergent coatings such as automotive refinish coatings, industrial maintenance coatings, traffic marking paints and marine paints.
The global paints and coatings market is set to experience favorable growth driven by factors likes –
Increasing Construction Spending, Rapid Urbanization, Increasing Household Consumption Expenditure and Accelerating Economic Growth.
The major trends observed in this market include –
Increasing Preference for Professional Contractors, Technological Advancements and Increasing Consolidation of Market Players.
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However, the growth of this market is constrained by challenges such as increasing raw material prices and stringent environmental regulations.
Table of Content:
1. Overview
1.1 Introduction
1.2 Manufacturing Process
1.3 Type
2. Global Paints and Coatings Market
2.1 Global Paints & Coatings Market Forecast by Value
2.2 Global Paints & Coatings Market by Region
2.3 Global Paints & Coatings Market Value by Segments
2.4 Global Architectural Paints & Coatings Market Forecast by Value
2.5 Global Architectural Paints & Coatings Market by Region
2.6 Global Architectural Paints & Coatings Market by End Market
2.7 Global Architectural Paints & Coatings Market by Customer Mix
2.8 Global Industrial Paints & Coatings Market Forecast by Value
2.9 Global Industrial Paints & Coatings Market Value by Region
2.10 Global Industrial Paints & Coatings Market by End Market
2.11 Global Special Purpose Paints & Coatings Market Forecast by Value
2.12 Global Special Purpose Paints & Coatings Market Value by Region
2.13 Global Special Purpose Paints & Coatings Market by End Market
3. Regional Market Analysis
3.1 Asia Pacific
3.1.1 Asia Pacific Paints & Coatings Market Forecast by Value
3.1.2 India Paints & Coatings Market Forecast by Value
3.1.3 India Paints & Coatings Market Value by Segments
3.1.4 India Decorative Paints & Coatings Market Forecast by Value
3.1.5 India Decorative Paints & Coatings Market by Segments
3.2 North America
3.2.1 North America Paints & Coatings Market Forecast by Value
3.2.2 The U.S. Paints & Coatings Market Forecast by Value
3.2.3 The U.S. Paints & Coatings Market Value by Segments
3.2.4 The U.S. Architectural Paints & Coatings Market Forecast by Value
3.2.5 The U.S. Architectural Paints & Coatings Market by Segments
3.3 Latin America
3.3.1 Latin America Paints & Coatings Market Value by Country
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rapid Urbanization
4.1.2 Rising Household Consumption Expenditure
4.1.3 Increasing Construction Spending
4.1.4 Accelerating Economic Growth
4.2 Key Trends & Developments
4.2.1 Technological Advancements
4.2.2 Increasing Preference for Professional Contractors
4.2.3 Increasing Consolidation of Market Players
4.3 Challenges
4.3.1 Increasing Raw Material Costs
4.3.2 Stringent Environmental Regulations
5. Competition
5.1 Global Market
5.1.1 Revenue and Market Cap Comparison
5.1.2 Global Competitive Positions of Coatings Companies
5.1.3 Global Paints & Coatings Market Share by Company
6. Company Profiles
6.1 Sherwin-Williams
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies
6.2 AkzoNobel
6.3 PPG Industries, Inc.
6.4 Axalta Coating Systems
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