Paints and Coatings Market | Growth Trends, Share Report, Global Industry Size

Posted by asmita rai on April 30th, 2021

Paints and coatings  Market Analysis

The global paints and coatings market is segmented based on resin type, performance range, and applications. The market is further segmented based on resin type into alkyd, epoxy, fluoropolymer, polyaryl etherketone (PAEK), polyester, polyetheretherketone (PEEK), polyether ketone (PEK), polyurethane, acrylic, and others. The market is also segmented into engineering coating range (thermoplastic and thermoset), high-performance coating range (thermoplastic and thermoset), and commodity coating range (thermoplastic and thermoset) on the basis of performance range. Furthermore, the market market is categorized based on applications into architectural (residential and non-residential) and industrial (general industrial, marine, packaging, wood, automotive, and others). 

Major elements such as the fluctuations in the costs of crude could obstruct the market growth. However, according to the market research report, extensive usage in the marine and aerospace industries along with expansion in the application areas will propel growth throughout the forecast period. The market is set to register growth at a high CAGR owing to these key factors. The exploration of resin type, performance range, and applications segments along with regional markets has been given in the global market research report. The research analysts studying the market have put out market forecasts in the market research report in order to support market-based companies. The market research report provides an extensive understanding of the market based on the information and forecasts till 2025. 

Top Key Players

Some of the prominent players in the global paints and coatings market  are AkzoNobel N.V. (Netherlands),PPG Industries (U.S.),Jotun (Norway),Nippon Paint Holdings Co. Ltd (Japan),The Sherwin-Williams Company (U.S.),Asian Paints (India),RPM International INC (U.S.),KANSAI PAINT CO. LTD (Japan),Axalta Coating Systems Ltd. (U.S.),BASE SE (Germany),Solvay S.A. (Belgium),Shalimar Paints (India),Indigo Paints Pvt. Ltd (India),Diamond Vogel (U.S.),Berger Paints India Limited (India),Tiger Coatings GmbH & Co. Kg (Austria),Beckers Group (Maryland),Hempel A/S (Denmark),Kelly-Moore Paints (U.S.)

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Report :   https://www.marketresearchfuture.com/reports/paints-coatings-market-854

Regional Analysis

The paints and coatings market is spread across North America, Europe, Asia-Pacific, and other parts of the world. The global market research report reveals that APAC , Europe, and North America regions will dominate the global market for paints and coatings during the forecast period 2015-2025.

As per market analysts, the market is set to witness tremendous growth across architectural (residential and non-residential) and industrial  segments in North America which covers markets across the United States, Canada, Mexico and several other regional markets. Companies active in the market are also analyzed and studied in the market research report.