Paints & Coatings Market with Global Forecast and Top Competitors like MascoCorporation, BeckersGroup, Dunn-Edwards Corporation, Tiger Coatings GmbH & Co. Kg, Sacal International Group Ltd.

Paints & Coatings Market

Global Paints & Coatings Market, By Resin Type (Polyurethanes, Acrylic, Polyesters, Epoxy, Alkyd, Others); By Technology (Water Based, Solvent Based, High Solids, Powder, Others), By Application (Architectural, Industrial) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Global Paints & Coatings Market accounted for USD 152.0 billion in 2016 and is projected to grow at a CAGR of 5.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Competitors:

  • Akzonobel N.V.,
  • PPG Industries,
  • Sherwin-Williams Company,
  • Axalta Coating System LLC,
  • Jotun A/S,
  • Nippon,
  • Paint Holdings Co. Ltd.,
  • Asian Paints Limited,
  • Kansai Paints Co. Ltd.,
  • RPM International Inc,
  • Valspar Corporation,
  • Tikkurila OYJ,
  • Hempel A/S,
  • Berger Paints India Limited,
  • Shalimar Paints,
  • S K Kaken Co. Ltd,
  • MascoCorporation,
  • BeckersGroup,
  • Dunn-Edwards Corporation,
  • Tiger Coatings GmbH & Co. Kg,
  • Sacal International Group Ltd.,
  • Diamond Vogel Paints,
  • Vista Paints Corporation,
  • Indigo Paints Pvt Ltd,
  • Kelly-Moore Paints,
  • BASF Coatings GmbH

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Market Segmentation:

The paints & coatings market is Segmented on the basis of:-

  • Resin Type into Acrylic,
  • Polyesters,
  • Epoxy,
  • Alkyd, and others.

On the basis of Technology, the market is segmented into:-

  • Water Based,
  • Solvent Based,
  • High Solids,
  • Powder, and others. 

On the basis of Application, the market is segmented into:-

  • Architectural
  • industrial 

On the basis of Geography, the paints & coatings market report covers data points for 28 countries across multiple geographies such as:-

  • North America
  • South America
  • Europe
  • Asia-Pacific and
  • Middle East & Africa

Market Definition: Global Paints and Coatings Market

Paints & coatings helps to prevent corrosion of the material. Generally, for short period of 1-5 years single packs materials such as emulsions, alkyds, acrylics are used, for the period of 5-10 years two component materials such as polyurethanes, zinc-rich primers, epoxies, glass flakes and FRP(Fiberglass Reinforced Plastics). High tech coatings consist of cationic electrocoating materials that cover all the complex metals part from corrosion.

Competitive Landscape: Global Paints and Coatings Market

The global paints & coatings market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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