Paints and Coatings Market is expected to witness significant growth in industrial paints and coatings with a CAGR of 4.3%
Global Paints and Coatings Market, by Products (Architectural and decorative (Water based, Solvent based), Industrial (Water based, Solvent based, Powder, UV based), Marine), – Global Forecast 2027
Pune, India – September 4, 2017 /MarketersMedia/ —
Market Synopsis of Paints and Coatings:
Market Scenario:
Paints and Coatings are liquid or mastic composition, which converts into a solid film after being applied upon a substrate in a thin layer. Paints and Coatings are used for functional or decorative purpose. The world is becoming more sophisticated place with the increasing urbanization and growing quality of life. The increasing demand from the construction and manufacturing industries are driving the growth of the Global Paints and Coatings Market. The technological enhancements are providing ample opportunities for the growth of the Paints and Coatings market, during the forecast period.
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Study Objectives of Paints and Coatings:
• To provide detailed analysis of the market structure along with forecast for the next ten years of the various segments and sub-segments of the global Paints and Coatings market
• To provide insights about factors affecting the market growth
• To Analyze the Paints and Coatings market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by Type, Applications, End Users and its sub-segments.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Paints and Coatings market
Key Findings:
• The Global Paints and Coatings Market is driven by advancements in the end user industries of paints and coatings, and growing infrastructural developments.
• The Global Paints and Coatings Market is expected to witness significant growth in industrial paints and coatings with a CAGR of 4.3% in terms of volume and 5.6% in terms of value, during the forecast period, which is influenced largely by increasing waterborne recreational activities and global defense expenditure.
• The Asia-Pacific Paints and Coatings Market is expected to grow with the highest CAGR of XX% in terms of volume and XX% in terms of value in the forecast period, due to developing infrastructures, growing per capita income of the global population, and increasing urbanization in the region.
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Segments:
Segmentation by Product:
Segmentation of Paints and Coating Devices by products: Architectural and decorative (Water based, Solvent based), Industrial (Water based, Solvent based, Powder, UV based), Marine
Regional Analysis of Paints and Coatings:
The North American Paints and Coatings Market is growing primarily, due to the increasing number of industries in the region. An average annual population growth of approximately X% is witnessed in the region, which in turn, is generating demand for new houses and increased supply of consumer durable goods. In terms of volume, the U.K. paints and coatings market is expected to grow with the highest CAGR of XX%, among the countries of European region in the forecast period. While in terms of value, the U.K. and Germany are expected to grow with an equal CAGR rate of XX%, in the forecast period.
Key Players:
Akzo Nobel N.V, PPG Industries, The Sherwin-Williams Company, RPM International Inc, The Valspar Corporation, Kansai Paint Co., Ltd., Axalta Coating Systems Ltd.
Key Points from Table of Contents:
10 Company Profile
10.1 Akzo Nobel N.V
10.1.1 Overview
10.1.2 Financials
10.1.3 Products & Services
10.1.4 Strategy
10.1.5 Developments
10.2 Ppg Industries
10.2.1 Overview
10.2.2 Financials
10.2.3 Products & Services
10.2.4 Strategy
10.2.5 Developments
10.3 Sherwin-Williams Company
10.3.1 Overview
10.3.2 Financials
10.3.3 Products & Services
10.3.4 Strategy
10.3.5 Developments
10.4 Rpm International Inc
10.4.1 Overview
10.4.2 Financials
10.4.3 Products & Services
10.4.4 Strategy
10.4.5 Developments
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Source: MarketersMedia
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