(MENAFN- The Express Wire) Global Paints & Coatings Market 2020 Top countries data : Industry Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Sales Revenue by Regional Forecast By 360 Market Updates
Posted on Sep 17 2020 5:03 AM
""Global Paints & Coatings Market size"2020 has covered and analyzed the potential of Worldwide Paints & Coatings Industry and provides statistics and information on market dynamics, growth factors, key challenges, major drivers & restraints, opportunities and forecast. This report presents a comprehensive overview, market shares, and growth opportunities of Paints & Coatings market 2020 by product type, application, key manufacturers and key regions and countries.
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Global ' Paints & Coatings Market Size report 2020 - 2024 gives complete analysis of industry position and viewpoint of main regions based on of major key players, country, product types, and end industries. Paints & Coatings Market report categorizes the market based on manufacturers, regions, type and application. Paints & Coatings Report 2020 (value and volume) by company, regions, product types, end industries, history data and estimate data. Paints & Coatings Market report categorizes the market based on manufacturers, regions, type, and application. Paints & Coatings Market reports offer a detailed assessment of the Paints & Coatings including enabling technologies, current market situation, market assumptions, restraining factors.
Report focuses on the global market, especially in United States, Europe, China, Japan, South Korea, North America, and India.
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Also, the Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions.
Top-List of Key-players in 2020 of Paints & Coatings Market:-
- AkzoNobel N.V.
- Axalta Coating Systems Ltd
- LLC
- BASF SE
- Beckers Group
- Berger Paints India Ltd.
- Brillux GmbH & Co. KG
- Caparol
- Cromology
- DAW SE
- Fujikura Kasai
- Hempel
- Henkel AG & Co. KGaA
- Jotun
- J.W.Ostendorf
- Kansai Paints Co. Ltd.
- KCC PAINTS Sdn Bhd
- Mankiewicz Hamburg
- Masco Corporation
- Materis Paints (Cromology)
- National Paints Factories Co. Ltd.
- PPG Industries
- Inc.
- Ring International Holding AG
- RPM International Inc.
- Śnieżka
- ShawCor Ltd.
- SIKA
- Sto Ltd
- Tikurila
- Tknos Group
- The Sherwin-Williams Company
- TIGER Coatings GmbH & Co. KG
- Tikkurila Oyj
The Global Paints & Coatings market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
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The global paints and coatings market is expected to register a significant CAGR during the forecast period, 2018-2023. Asia-Pacific accounted for the largest share, accounting of more than 40% of the global market, while North America is estimated to register the second-fastest CAGR through the forecast period.
Accelerating Growth for Architectural Coatings
Architectural, automotive, industrial, and wood, are some of the major end-user industries included in the report. The global paints and coatings market is dominated by architectural coatings (both in terms of revenue and volume). The global residential sector is growing consistently, owing to the recovering construction industry in Europe and increasing investments by the Indian and Chinese governments. This in turn, is boosting the demand for architectural coatings. Automotive OEM coatings is expected to register the fastest CAGR through the forecast period.
Rising Automotive Production in Asia-Pacific
China, India, Philippines, and Vietnam are turning out to be potential markets for the demand and supply of automobiles, with many automotive manufacturers planning their manufacturing and assembly plants in these countries. This can be attributed to the availability of cheap labor, low raw material prices, and rising urban population in the region. Major car manufacturers, such as Chevrolet, Daimler, Jeep, Audi, Volvo, and Kia have either set up their automotive manufacturing facilities, or are planning to start new facilities in Asia-Pacific in the near future. This in turn, is expected to increase the usage of coatings in the automotive industry to a major extent in the region.
Asia-Pacific expected to Dominate the Market Growth
Asia-Pacific had the largest share in the market, accounting for more than 40% of the global market in 2017. Rapidly growing construction industry, primarily in China and India, is a major factor driving the demand for paints and coatings in the region. North America is expected to register a significant growth rate, primarily due to the rise in residential houses sales, coupled with renovation of the existing houses, which is expected to boost the demand for residential construction.
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The global Paints & Coatings market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Highlighted points of Paints & Coatings Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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Key Developments in the Paints & Coatings Market:
- December 2017: Smith & Nephew announced European launch of MolecuLight i:X, which is a handheld imaging device that can be used to instantly measure wound surface area and visualize the presence of potentially harmful bacteria in it.
Reasons to Purchase this Report
- To examine the recent increase in raw material prices that is expected to affect the global paints and coatings market
- Analyze various perspectives of the market with the help of Porter's five forces analysis
- To read the analysis on the largest product type and application
- Regions/Countries that are expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by major market players
- 3 months analyst support, along with the Market Estimate sheet (in excel).
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Finally, the report Global Paints & Coatings Market 2020 describes the Paints & Coatings industry expansion game plan, the Paints & Coatings industry knowledge supply, appendix, analysis findings, and the conclusion.
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