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Global demand for paints & coatings on the rise

Global demand for paints & coatings on the rise

The 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 202

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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

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.

Request for free Sample Visit @databridgemarketresearch.com/reque…s-coatings-market Major Market Drivers:

  • Stringent green environment regulations
  • Growing automotive industry
  • Provision of durable coatings with better performance and aesthetics
  • Increasing popularity of elastomeric coating  in tilt-up  concrete in building and construction

Market Restraint:

  • Environmental concerns with respect to discharge of waste water

Read More about “Global Paints and Coatings Market” Visit @databridgemarketresearch.com/repor…-coatings-market/ Competitive Landscape

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.

Major Market Competitors

Some of the major players in the paints & coatings market include 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.

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Kg, Sacal International Group Ltd., Diamond Vogel Paints, Vista Paints Corporation, Indigo Paints Pvt Ltd, Kelly-Moore Paints, BASF Coatings GmbH and many more.

Market Segmentation

The paints & coatings market is segmented on the basis of resin type into acrylic, polyesters, epoxy, alkyd, and others. Acrylic resins are expected to grow at the highest CAGR over the forecast period.

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
  • Middle East & Africa

Request for TOC Visit @databridgemarketresearch.com/toc/?…s-coatings-market

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