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
- Advertising -
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 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
Paints & coatings help to prevent corrosion of the material. Generally, for short period of 1-5 years single packs materials such as emulsions, alkyds, acrylics are used, for the period of 5-10 years two component materials such as polyurethanes, zinc-rich primers, epoxies, glass flakes and FRP(Fiberglass Reinforced Plastics).
- Advertising -
High tech coatings consist of cationic electrocoating materials that cover all the complex metals part from corrosion.
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
- Environmental concerns with respect to discharge of waste water
Read More about “Global Paints and Coatings Market” Visit @ databridgemarketresearch.com/repor…-coatings-market/
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.
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
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
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the 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. Kg, Sacal International Group Ltd., Diamond Vogel Paints, Vista Paints Corporation, Indigo Paints Pvt Ltd, Kelly-Moore Paints, BASF Coatings GmbH and many more.
Request for TOC Visit @databridgemarketresearch.com/toc/?…s-coatings-market
Category: Market Research Publishers and RetailersCompany about: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data bridge is an aftermath of sheer wi ...