South America Paints and Coatings Market - Growth, Trends, and Forecasts 2017 - 2022

  • ID: 4390617
  • Report
  • Region: America, South America
  • 140 pages
  • Mordor Intelligence
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The South America paints and coatings market is estimated to value at USD XX million (in terms of revenue) and XX million tons (in terms of volume) in 2016, and is likely to reach USD XX million and XX million tons by 2021, at an estimated CAGR of 4.57% and XX%, respectively, during the forecast period 2016-2021.

Paints and coatings industry is divided into two sub-sectors namely, industrial and architectural. Architectural coatings include both interior and exterior paints, varnishes, primers, stains and sealers, and their demand is primarily depended on the growth and performance of the construction sector. Industrial coatings include coil coatings, automotive paints, refinishers, furniture finishing and road marking paints, and their demand is linked to the growth and performance of the industrial equipment sectors, automotive industry and appliance industries.

The market is driven by number of factors, such as the growing application and usage in aerospace sector and emergence of infrastructure projects. On the flipside, environmental impact and regulations and volatility in raw material prices is expected to hinder the growth of the market.

The South America paints and coatings market has been segmented on the basis of product type (acrylic, alkyd, polyurethane, epoxy, polyesters, and others), application (industrial (automotive sector, marine paints, consumer durables, and other industrial applications(includes general industrial)), and decorative applications (interior &exterior wall paints, wood finishes, and enamel, putty, & other applications), and technology (solvent-based, water-based, powder, and others). Furthermore, the market has also been segmented on the basis of geography into Brazil, Argentina, Chile, Columbia, Venezuela, Peru, Uruguay, and Rest of South America.

Water-based paints and coatings accounted for the largest share of the South America paints and coatings market in 2016, with a value of USD XX million and a market share of XX%. Meanwhile, the solvent-based paints and coatings category recorded a market size of USD XX million in 2016.

Emissions of volatile organic compounds (VOCs) and presence of hazardous chemicals, which have been known to cause genetic mutation, have led to the complete elimination or curtailing of certain South American and regional regulations. International regulations also have limited the quantity of lead in paints and coating products. Further, there has been a growing awareness among buyers, which results in shifting preference with regard to health effects as well as paint utility.

The development of bio-based products, and technological advancements in the production process is expected to offer numerous opportunities in the growth of the market. Some of the major companies dominating the market with their products and services are AkzoNobel, Asian Paints, BASF, Valspar, and Sherwin-Williams.
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1. Introduction
1.1 Description
1.2 Research Methodology
2. Executive Summary
3. Market Insights
3.1 Macroeconomic Factors Impacting Market
3.2 Industry Attractiveness Porters Five Force Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Buyers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Industry Value Chain Analysis
3.4 Raw Material Analysis
4. Market Dynamics
4.1 Drivers
4.1.1 Emergence of Infrastructure Projects
4.1.2 Unrealized Potential in Growing Economies
4.1.3 Growing Application and Usage in Aerospace Sector
4.1.4 Increasing Urbanization
4.2 Restraints
4.2.1 Volatility in Raw Material Prices
4.2.2 Environmental Impact and Regulations
4.3 Opportunities
4.3.1 Developing Environment Friendly Products
4.3.2 Increasing Government Support
5. Market Segmentation and Analysis
5.1 By Product Type
5.1.1 Acrylic
5.1.2 Alkyd
5.1.3 Polyurethane
5.1.4 Epoxy
5.1.5 Polyesters
5.1.6 Others
5.2 By Application
5.2.1Industrial Application Automotive Sector Consumer Durables Marine Paints Industrial Wood Coatings Other OEMs (Includes General Industrial)
5.2.2 Decorative Applications Interior and Exterior Wall Paints Wood Finishes Enamel, Putty, and Other Applications
5.3 By Technology
5.3.1 Water-borne
5.3.2 Solvent-borne
5.3.3 Powder & UV-cured
6. Regional Market Analysis
6.1 Brazil
6.2 Argentina
6.3 Columbia
6.4 Chile
6.5 Uruguay
6.6 Peru
6.7 Venezuela
6.8 Rest of South America
7. Policies and Regulations
8. Future Market Outlook
9. Competitive Landscape
9.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
9.2 Market Share Analysis
9.3 Strategies Adopted by Leading Players
10. Company Profiles
10.1 3M
10.2 Akzo Nobel
10.3 Asian Paints
10.4 Axalta
10.5 BASF
10.6 DuPont
10.7 H.B. Fuller
10.8 Henkel AG & Co. KGaA
10.9 Kansai
10.10 Nippon Paint
10.11 PPG Industries
10.12 RPM International Inc.
10.13 Sherwin-Williams Paints
10.14 Valspar
10.15 WEG Tintas Brazil
11. Disclaimer
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown