GLOBAL PAINTS & COATINGS MARKET FORECAST 2018-2026
- February 2018 •
- 138 pages •
- Report ID: 4796867
The Global Paints & Coatings Market was estimated to be worth $145.71 billion in 2017. Over the forecast period of 2018-2026, the market is predicted to rise at 5.69% CAGR and generate net revenue of $236.17 billion.
The global paints and coatings market is segmented on the basis of resin type, technology, and application type. The resin type segment of the market includes alkyd, acrylic, polyester, epoxy, polyurethane, and others. The technology segment of the market is sub-segmented into solvent borne, waterborne, powder coating, radiation-cured, high-solids, and others.
The application segment of the market includes industrial and architectural applications. While the industrial applications include aerospace & marine, automotive, general industries, consumer durables industrial wood coatings, and others; the architectural applications include interior and exterior architectural applications.
Region-wise, the global paints and coatings market is segmented into Europe, Asia-Pacific, North America and rest of world. APAC dominated the market during the base year and is expected to reign throughout the forecast years, closely followed by Europe. The booming construction industry is a major propelling factor for the APAC market.
Major companies in this market are Asian Paints Limited, AkzoNobel N.V, Axalta Coating System Llc, Beckers Group, Basf Coatings, Berger Paints India Limited, Jotun A/S, Indigo Paints Pvt Ltd, Kansai Paint Co. Ltd, Nippon Paint Holdings Co., Ltd, Kelly-Moore Paints, Ppg Industries, The Sherwin-Williams, Rpm International Inc, and Valspar Corporation.