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Request Now !Paints and coatings offer two primary functions i.e. decoration and protection. They are utilized to decorate and protect new constructions and maintain existing structures, including residential houses and apartments, buildings, plants, and factories. The motive behind using paints and coatings is to increase the life span of buildings and such other structures.
Surge in urbanization in developing economies like India and China has led to the increase in demand for new houses, which, in turn, leads to the rise in construction activities across these countries, and ultimately, rises the demand for paints and coatings to be used for protection and decoration. In addition, popularity of elastomeric coatings in tilt-up concrete in the building & construction industry is expected to fuel the paints and coatings market growth. Furthermore, introduction of new technologies like OEM paints and technological advancements in powder coating technology are expected to drive the growth of the paints and coatings market. Moreover, stringent government policies for the use of VOC free coating is likely to increase the demand for the paints and coatings market.
However, the paints and coatings sector is highly influenced by the price of raw materials and commodities. Price volatility is an obstacle, which is removed by increase in the cost for customers. Rise in crude oil prices, labor costs, fluctuation in raw material costs, and increase in supply-demand gap leads to high cost of paints and coatings. Thus, the rise in cost hampers the market growth.
Advancements in paint and coating technology is expected to offer growth opportunities for the paints and coatings market. Technological advancements in the development of coalescing solvents for waterborne resins, such as core- shell technology, latent cross-linking, and 1K technologies to modify, improve, and protect the surface properties of materials in severe conditions or aggressive environments provide lucrative opportunities for the paints and coatings market growth.
The paints and coatings market is segmented into resin type, technology, application, and region. By resin-type, it is segmented into epoxy, acrylic, alkyd, polyurethane, polyester, and others. By technology, it is divided into water-based, solvent-based, high solids, powder coating, and others. By application, it is segmented into architectural, automotive, aerospace, building & construction, healthcare & medical devices, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the main market players operating in the global paints and coatings market are BASF SE, Akzonobel N.V., PPG Industries, RPM International Inc., The Sherwin-Williams Company, The Valspar Corporation, Axalta Coating Systems LLC, Nippon Paint Co. Ltd., Kansai Paint Co. Ltd., Tikkurila OYJ, and Berger Paints India Ltd.
Scope of The Report:
Report Metric | Details |
Market size available for years | 2018–2026 |
Base year considered | 2018 |
Forecast period | 2019–2026 |
Forecast units | Value (USD) |
Segments covered | Resin, Technology, Application and Region |
Geographies covered | North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa |
Companies covered | Major players covered, include BASF SE, Akzonobel N.V., PPG Industries, RPM International Inc., The Sherwin-Williams Company, The Valspar Corporation, Axalta Coating Systems LLC, Nippon Paint Co. Ltd., Kansai Paint Co. Ltd., Tikkurila OYJ, and Berger Paints India Ltd. |
Key Market Segmentation: In Table Format
ATTRIBUTE | DETAILS |
By Resin |
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By Technology |
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By Application |
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By Region |
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Questions Answered In The Paints And Coatings Market Research Report:
Chapter 1 INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
Chapter 2 EXECUTIVE SUMMARY
2.1. Key findings
2.1.1. Top Investment Pockets
2.1.2. Market Player Positioning, 2018
2.2. CXO perspective
Chapter 3 MARKET OVERVIEW
3.1. Market Definition And Scope
3.2. Parent/Peer Market Overview
3.3. Key Forces Shaping Paints and Coating Market
3.3.1. Bargaining power of suppliers
3.3.2. Threat of new entrants
3.3.3. Threat of substitutes
3.3.4. Intensity of rivalry
3.3.5. Bargaining power of buyers
3.4. Pricing Analysis
3.4.1. Pricing Analysis of Paints and Coating Market, By Region, 2018 to 2026
3.4.2. Pricing Analysis of Paints and Coating Market, By Resin Type, 2018 to 2026
3.4.3. Pricing Analysis of Paints and Coating Market, By Formulation, 2018 to 2026
3.4.4. Pricing Analysis of Paints and Coating Market, By Application, 2018 to 2026
3.5. Value Chain Analysis
3.6. Impact Of Government Regulations On Global Paints and Coating Market
3.7. Patent Analysis
3.8. Market Dynamics
3.8.1. Drivers
3.8.2. Restraints
3.8.3. Opportunities
Chapter 4 PAINTS AND COATING MARKET, BY RESIN TYPE
4.1. Overview
4.2. Acrylic
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. Polyester
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. Polyurethane
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
4.5. Epoxy
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country
Chapter 5 PAINTS AND COATING MARKET, BY FORMULATION
5.1. Overview
5.2. Water-Based
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. Solvent-Based
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. Powder Coatings
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. UV Coatings
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country
Chapter 6 PAINTS AND COATING MARKET, BY APPLICATION
6.1. Overview
6.2. Architectural & Decorative
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country
6.3. Industrial
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country
6.4. Marine
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis by country
6.5. Automotive
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market analysis by country
6.6. Residential
6.6.1. Key market trends, growth factors and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market analysis by country
Chapter 7 PAINTS AND COATING MARKET, BY REGION
7.1. Overview
7.2. North America
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by resin type
7.2.3. Market size and forecast, by formulation
7.2.4. Market size and forecast, by application
7.2.5. Market analysis by country
7.2.5.1. U.S.
7.2.5.1.1. Market size and forecast, by resin type
7.2.5.1.2. Market size and forecast, by formulation
7.2.5.1.3. Market size and forecast, by application
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast, by resin type
7.2.5.2.2. Market size and forecast, by formulation
7.2.5.2.3. Market size and forecast, by application
7.2.5.3. Mexico
7.2.5.3.1. Market size and forecast, by resin type
7.2.5.3.2. Market size and forecast, by formulation
7.2.5.3.3. Market size and forecast, by application
7.3. Europe
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by resin type
7.3.3. Market size and forecast, by formulation
7.3.4. Market size and forecast, by application
7.3.5. Market analysis by country
7.3.5.1. UK
7.3.5.1.1. Market size and forecast, by resin type
7.3.5.1.2. Market size and forecast, by formulation
7.3.5.1.3. Market size and forecast, by application
7.3.5.2. Germany
7.3.5.2.1. Market size and forecast, by resin type
7.3.5.2.2. Market size and forecast, by formulation
7.3.5.2.3. Market size and forecast, by application
7.3.5.3. France
7.3.5.3.1. Market size and forecast, by resin type
7.3.5.3.2. Market size and forecast, by formulation
7.3.5.3.3. Market size and forecast, by application
7.3.5.4. Spain
7.3.5.4.1. Market size and forecast, by resin type
7.3.5.4.2. Market size and forecast, by formulation
7.3.5.4.3. Market size and forecast, by application
7.3.5.5. Italy
7.3.5.5.1. Market size and forecast, by resin type
7.3.5.5.2. Market size and forecast, by formulation
7.3.5.5.3. Market size and forecast, by application
7.3.5.6. Rest of Europe
7.3.5.6.1. Market size and forecast, by resin type
7.3.5.6.2. Market size and forecast, by formulation
7.3.5.6.3. Market size and forecast, by application
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by resin type
7.4.3. Market size and forecast, by formulation
7.4.4. Market size and forecast, by application
7.4.5. Market analysis by country
7.4.5.1. China
7.4.5.1.1. Market size and forecast, by resin type
7.4.5.1.2. Market size and forecast, by formulation
7.4.5.1.3. Market size and forecast, by application
7.4.5.2. Japan
7.4.5.2.1. Market size and forecast, by resin type
7.4.5.2.2. Market size and forecast, by formulation
7.4.5.2.3. Market size and forecast, by application
7.4.5.3. India
7.4.5.3.1. Market size and forecast, by resin type
7.4.5.3.2. Market size and forecast, by formulation
7.4.5.3.3. Market size and forecast, by application
7.4.5.4. Australia
7.4.5.4.1. Market size and forecast, by resin type
7.4.5.4.2. Market size and forecast, by formulation
7.4.5.4.3. Market size and forecast, by application
7.4.5.5. South Korea
7.4.5.5.1. Market size and forecast, by resin type
7.4.5.5.2. Market size and forecast, by formulation
7.4.5.5.3. Market size and forecast, by application
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Market size and forecast, by resin type
7.4.5.6.2. Market size and forecast, by formulation
7.4.5.6.3. Market size and forecast, by application
7.5. LAMEA
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by resin type
7.5.3. Market size and forecast, by formulation
7.5.4. Market size and forecast, by application
7.5.5. Market analysis by country
7.5.5.1. BRAZIL
7.5.5.1.1. Market size and forecast, by resin type
7.5.5.1.2. Market size and forecast, by formulation
7.5.5.1.3. Market size and forecast, by application
7.5.5.2. Saudi Arabia
7.5.5.2.1. Market size and forecast, by resin type
7.5.5.2.2. Market size and forecast, by formulation
7.5.5.2.3. Market size and forecast, by application
7.5.5.3. South Africa
7.5.5.3.1. Market size and forecast, by resin type
7.5.5.3.2. Market size and forecast, by formulation
7.5.5.3.3. Market size and forecast, by application
7.5.5.4. Rest of LAMEA
7.5.5.4.1. Market size and forecast, by resin type
7.5.5.4.2. Market size and forecast, by formulation
7.5.5.4.3. Market size and forecast, by application
Chapter 8 COMPETITIVE LANDSCAPE
8.1. COMPETITIVE DASHBOARD
8.2. MARKET SHARE ANALYSIS OF TOP PLAYERS, 2018 (%)
8.3. PRODUCT MAPPING OF TOP 10 PLAYER
8.4. TOP WINNING STRATEGIES, 2015 - 2018
8.4.1. Top winning strategies, by year
8.4.2. Top winning strategies, by development
8.4.3. Top winning strategies, by company
Chapter 9 COMPANY PROFILES
9.1. BASF SE
9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Key Executives
9.1.4. Operating Business Segments & Product Portfolio
9.1.5. R&D Expenditure
9.1.6. Business Performance
9.1.7. Key Strategic Moves and Developments
9.2. Akzonobel N.V.
9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Key Executives
9.2.4. Operating Business Segments & Product Portfolio
9.2.5. R&D Expenditure
9.2.6. Business Performance
9.2.7. Key Strategic Moves and Developments
9.3. PPG Industries
9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Key Executives
9.3.4. Operating Business Segments & Product Portfolio
9.3.5. R&D Expenditure
9.3.6. Business Performance
9.3.7. Key Strategic Moves and Developments
9.4. RPM International Inc.
9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Key Executives
9.4.4. Operating Business Segments & Product Portfolio
9.4.5. R&D Expenditure
9.4.6. Business Performance
9.4.7. Key Strategic Moves and Developments
9.5. The Sherwin-Williams Company
9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Key Executives
9.5.4. Operating Business Segments & Product Portfolio
9.5.5. R&D Expenditure
9.5.6. Business Performance
9.5.7. Key Strategic Moves and Developments
9.6. The Valspar Corporation
9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Key Executives
9.6.4. Operating Business Segments & Product Portfolio
9.6.5. R&D Expenditure
9.6.6. Business Performance
9.6.7. Key Strategic Moves and Developments
9.7. Axalta Coating Systems LLC
9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Key Executives
9.7.4. Operating Business Segments & Product Portfolio
9.7.5. R&D Expenditure
9.7.6. Business Performance
9.7.7. Key Strategic Moves and Developments
9.8. Nippon Paint Co. Ltd.
9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Key Executives
9.8.4. Operating Business Segments & Product Portfolio
9.8.5. R&D Expenditure
9.8.6. Business Performance
9.8.7. Key Strategic Moves and Developments
9.9. Kansai Paint Co. Ltd.
9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Key Executives
9.9.4. Operating Business Segments & Product Portfolio
9.9.5. R&D Expenditure
9.9.6. Business Performance
9.9.7. Key Strategic Moves and Developments
9.10. Tikkurila OYJ
9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Key Executives
9.10.4. Operating Business Segments & Product Portfolio
9.10.5. R&D Expenditure
9.10.6. Business Performance
9.10.7. Key Strategic Moves and Developments
9.11. Berger Paints India Ltd.
9.11.1. Company overview
9.11.2. Company snapshot
9.11.3. Key Executives
9.11.4. Operating Business Segments & Product Portfolio
9.11.5. R&D Expenditure
9.11.6. Business Performance
9.11.7. Key Strategic Moves and Developments
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