The global decorative paints & coatings market size was estimated at USD 70.76 billion in 2017. With the presence of a large pool of participants, the Global paints and coatings market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Further, there are several service providers that are focusing on expanding their fleet to cater to the growing consumer demand. The global construction paints and coating market is estimated to account for US$ 76,089.2 Mn in terms of value and 26,821.6 Kilo Tons in terms of volume by the end of 2019 In 2010, China surpassed the U.S. to become the largest passenger car market globally. Nippon Paint Holdings Company Limited, Hempel A/S, RPM International, Jotun A/S, Kansai Paints, and Asian Paints are some of the key vendors of paints and coatings across the world. – The paints & coatings market consists of liquid and powder based paints, varnishes and related products used for protective and decorative, industrial and automotive and specialty purposes. The global paints and coatings market size was valued at US$ 147.03 billion in 2019 and expected to reach US$ 209.09 billion by 2027, with a CAGR of 4.5%. The market for paints and coatings has been on the increase in various applications, and this has boosted the total market in many regions. The major factor driving the market … Some of the key companies in the market include Scib Paints (Asian Paints) , MIDO Coatings, PACHIN, Akzo Nobel N.V., GLC Paints , and Sipes Egypt, among others. Nov 24, 2020 | USD 2,500... market growth drivers include the increased demand from automotive OEM and aftermarket, and the growing infrastructure and construction industry. Paints are extensively used for equipment maintenance. The Global Paints and Coatings Market is expected to grow at a significant rate, during the forecast period 2019-2025. 22%, during the forecast period of 2021 to 2028. Additionally, the market for solvent-borne paints and coatings is not going down as it was anticipated, and this has added to the increase in the total market value of paints and coatings. Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. The global paints and coatings additives market size was USD 8,299.7 million in 2019 and is projected to reach USD 12,659.4 million by 2027, exhibiting a CAGR of 5.9% during the forecast period. Global Paints & Coatings Market Forecast 2021-2028. Global Antifouling Paints and Coatings Market By Type (Copper-Based , Self-Polishing , and Hybrid), By Application (Shipping Vessels , Inland Waterways Transport , and Drilling Rigs & Production Platforms), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2020-2029 The Europe decorative paints and coatings market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. The "Global Paints and Coatings Market 2030 " Industry Report is a professional and in-depth study on the current state of the Paints and Coatings Market by InsightSlice. Global paints and coatings market expected to reach approximately USD 214 Billion in 2023, growing at a CAGR of slightly above 5.0% between 2017 and 2023. Fire-resistant Coatings Market by Type (Intumescent Coatings, Cementitious Coatings), Technology (Solvent-borne, Water-borne), Substrates (Metal, Wood), Application Technique (Spray, Brush & Roller), Application, and Region - Global Forecast to 2025 Report; December 2020; 308 Pages Asia Pacific was the largest market for paints and coatings in 2013. The paints and coatings market research report provides a detailed analysis of the market and focuses on crucial aspects such as leading companies, applications, technology, and resin types. Increasing construction is the major driver for the market growth in Europe. Paints and Coatings Market COVID19 Impact Analysis by Size, Share & Industry Analysis, By Resin (Epoxy, Acrylic, Polyester, Alkyd, PU, and Others), By … Global Paints and Coatings Market: Overview. Total market valued is expected to reach $141 billion in 2018 after increasing at a five-year compound annual growth rate of 3.8% from 2013 to 2018. Read More Report Analyzes How Global Megatrends Will Transform the Chemical Industry Besides these prominent manufacturers, the paints & coatings market is a hub of some small, however substantial manufacturers. The resurgence in the growth of the housing and construction sector, increasing gross domestic product (GDP), growing urbanization, and increasing disposable income are driving the paints & coatings market. The innovative nano-coating and green-coating technologies are expected to yield growth opportunities for the companies operating in the global market. Europe is one of the major regions in the global decorative paints and coatings market. CHEM Research, a specialized market research and consultancy firm, completed a recent analysis of the growth of the global market for paints and coatings in the first half of 2020. The Egyptian paints and coatings market is consolidated in nature, with the top 5 players accounting for over 70% of the market share. The global automotive paints and coatings market value is expected to reach around US$ 28.4 billion by 2026 and forecasted to grow at a CAGR around 4 % throughout the forecast period 2019 to 2026. The market is expected to grow owing to increase in increase in shipbuilding activates worldwide. 2019 to 2026 Rapid urbanization and eco-friendly alternatives are driving the growth of the paints and coatings industry. The report on Architectural Paints and Coatings Market offers in-depth analysis of market trends, drivers, restraints, opportunities etc. The market is expected to be driven by the increasing product consumption in the construction, automotive, and general industries application sectors. The global paints and coatings market size was valued at USD 146.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2027. The global paints & coatings market growth is assessed by evaluating the Asia Pacific, Europe, North America, and the rest of the world. KEY FINDINGS The global paints & coatings market is anticipated to grow with a CAGR of 6. [224 Pages Report] The market size for European paints & coatings is projected to grow from USD 30.6 billion in 2020 to USD 34.3 billion by 2025, at a CAGR of 2.3%. A global study on the market for paints and coatings from Ceresana, Germany, reveals that in 2019, a total of around 43.3mln t of coatings were sold. The hold-off of investments in most end-use markets will witness the global paints & coatings market slump in the year 2020.Anti-viral and anti … Solvent-borne coatings, powder coatings, radiation cured coatings, waterborne coatings, and specialty coatings are some of the major types of construction paints and coatings. The increasing population, growing need for houses, and consumer goods and automotives are driving the paints and coatings market in the region. Also, the report offers insights into paints and coatings industry trends and highlights vital industry developments. Growing demand from the construction industry, coupled with rising infrastructure activities, is driving the demand for the market studied. Construction Paints and Coatings Market Size And Forecast. “Paints And Coatings Fillers Market Scenario 2020-2028: Growing investments in the Paints And Coatings Fillers Market are expected to have a favorable impact on customers and companies. Paints and Coatings market will register an incremental spend of about $47 billion, growing at a CAGR of 5.23% during the five-year forecast period. The India paints and coatings market is estimated to witness a significant growth, at an estimated CAGR of over 8%, over the forecast period. The global market for paints and coatings should grow from $150.5 billion in 2018 to $191.9 billion by 2023 at a compound annual growth rate (CAGR) of 5.0% for the period of 2018-2023. The global market for paints and coatings was valued at $111.2 billion in 2012 and should reach $116.9 billion in 2013. The global decorative paints and coatings market demand is primarily supported by the ongoing boom in the construction industry. for the forecast years. The market for paints & coatings additives market is expected to expand at a CAGR of more than 6% during the forecast period. According To Verified Market Research, The Global Construction Paints and Coatings Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. It not only impacts the machinery or vehicle exterior appearance but also influences the equipment’s structure. 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