All the three sub-segments namely architectural, industrial and special purpose coatings are explained in detail.
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The present report offers a comprehensive analysis of the worldwide paints and coatings market with a special focus on the regional markets including Asia which includes India and China, the US, Latin America and Russia.
In addition, competitive landscape in each segment such as decorative, automotive OEM, industrial, protective and marine coatings along with the company profiles of leading players has been provided.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry.
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Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
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Paints and coatings market is correlated with multiple end-user sectors such as housing, construction, automotive, furniture, and packaging. The global market for paints and coating experienced a healthy growth in 2014 on account of rising construction projects, increase in housing starts, resuming consumer confidence and improvement in industrial production worldwide.
While housing and construction markets in North America and Europe remained subdued over the years following the global financial crisis, activity has been strong in Asian markets like China and India. Further many new construction activities are expected to begin in Asia Pacific as well as America region that will boost the demand for paints and coatings market.
The paints and coatings industry can be categorized into three markets: architectural/decorative, industrial OEM and special purpose coatings. Architectural coating is the largest segment followed by industrial coatings and special purpose coatings.
The industrial coatings segment was driven by rise in industrial production and automotive OEM sector. Geographically, Asia Pacific is the largest consumer of paints and coatings (http://www.marketreportsonline.com/411142.html) followed by Europe, North America and Latin America.
Paint manufacturers are constantly introducing new and technologically advanced products in the market. Companies are focusing on zero VOC (volatile organic compounds) and green paints that are particularly in high demand among the customers.
Competition in coatings segment is based on formulating products for specific customer applications, meeting customer delivery requirements and providing technical assistance to the customer in product application, new technology offerings and prices. Akzonobel, PPG, Sherwin Williams, BASF and Valspar are the leading companies.
Major Points from Table of Contents:
1.1 Types of Coatings
1.2 Procedures of Paint Makers
1.3 Applications of Paints
- Global Paints and Coatings Market
2.1 Market Size
2.2 Market Segmentation
2.3 End-Use Segments
2.4 Per Capita Consumption
2.5 Geographical Segmentation
- Market Segments
3.1 Architectural/Decorative Coatings
3.2 Industrial OEM Coatings
3.3 Special Purpose Coatings
- Regional Analysis – Paints & Coatings
4.1 The US
4.2 Latin America
4.4 EMEA Region
- Market Trends and Drivers
5.1 Rising Infrastructure Investment in Asian Region
5.2 Increase in Automobiles Production
5.3 Growth in Airline Fleet
5.4 Development of Anti-VOC Regulations
5.5 Industry Consolidation
- Key Issues
6.1 Environmental Rules and Regulations
6.2 High Raw Material Costs
- Competitive Landscape
7.1 Overall Coatings
7.2 Decorative Coatings
7.3 Industrial & Aero Coatings
7.4 Automotive OEM Coatings
7.5 Automotive Refinish Coatings
7.6 Marine & Protective
- Company Profiles
8.1 AkzoNobel NV
8.2 PPG Industries Inc.
8.3 Sherwin Williams
8.4.1 Business Description
8.4.2 Financial Overview
8.4.3 Business Strategies
- Industry Outlook
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