The paints and coatings market was valued at US$196.53 billion in 2022, and it is expected to reach US$261.25 billion by 2029, exhibiting a CAGR of 4.15% during the forecast period of 2023–2029.
Paints and coatings market overview:
The Paints and Coatings report includes New recent developments, trade rules, import-export assessment, business model, value chain optimization, market share, the impact of domestic and localized market participants, an evaluation of opportunity in terms of emerging income pockets, shifts in market restrictions, tactical market growth analysis, sales volume, segment’s market growths, application niches and dominance, product approvals, product releases, geographic regions, etc.
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Market Scope:
A competitor's information is provided in the highly competitive environment of the paints and coatings market. The information includes a business overview, financials, revenue generated, market potential, research and development investment, new market efforts, geographical presence, firm advantages and disadvantages, product introduction, and application dominance. The information shown above is only related to the businesses' focus on the paints and coatings industry.
Segmentation:
by Technology
Waterborne
Solventborne
Powder Coatings
Others
by Resin
acrylic
Alkyd
Epoxy
Polyester
Polyurethane
Vinyl
Fluoropolymer
Others
by End-User
Architectural
Industrial
Others
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Key Players:
The major players covered in the Paints and Coatings market report are
1. KKC Corporation
2. Berger Paints India Limited
3. Nippon Paints Holdings Co., Ltd.
4. The Valspar Corporation
5. Jotun A/S
6. Asian Paints Limited
7. Kansai Paints Co., Ltd.
8. Dow Coring
9. Akzo Nobel N.V
10.BASF SE
11. The Sherwin Williams Company
12. PPG industries, in
13. Axalta Coating System
14. RPM International Inc.
15.Hellos Group
16.Masco Corporation
17.TIKKURILAOYJ
18.Diamond Vogel
19.Backers Group
Regional Analysis:
The causes of the global paints and coatings industry's rise and the industry's numerous users are explored. Market participants, geographies, and special requirements all provide data. This study proposal is ready for the market and offers a full evaluation of all the important advancements that are now prevalent in all market sectors. Statistics, infographics, and demonstrations have been used to provide key data analysis.
COVID-19 Impact Analysis on the Paints and Coatings Market:
The COVID-19 pandemic resulted in a severe and prolonged decline in production utilization, while travel bans and facility closures kept people away from their facilities, leading the paints and coatings market to slow in 2029. The new research features COVID-19's impact on the Electronics Ceramics and Electrical Ceramics market, as well as insights, analysis, estimations, and projections.
Key questions answered in the Paints and Coatings Market Report are:
- Which segment was responsible for the largest share in the paints and coatings market?
- How was the competitive scenario of the paints and coatings market in 2029?
- Which are the key factors responsible for the Electronics Ceramics and Electrical Ceramics market growth?
- Which region held the maximum share in the paints and coatings market in 2029?
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