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Global Paints & Coatings Market 2019-2027

  • ID: 4803868
  • Report
  • July 2019
  • Region: Global
  • 145 pages
  • Triton Market Research
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FEATURED COMPANIES

  • Akzonobel N.V.
  • Axalta Coating System Llc
  • Beckers Group
  • Jotun A/S
  • Kelly-Moore Paints
  • Rpm International, Inc.
  • MORE
Market Outlook

As per estimations, the global paints & coatings market is expected to proliferate with a CAGR of 5.34% in terms of revenue and a CAGR of 4.30% in terms of volume in the forecast duration from 2019 to 2027.

Paints and coatings are chemicals that protect products from damage and enhance the life span of those products. They also provide better texture and look to the products, apart from enhancing their shelf-life. The paints & coatings industry comprises manufacturers of paints, varnishes, lacquers, shellacs and stains. Paints and coatings are chemically formulated products, consisting of a base material known as binder, and fillers. Binder is the film-forming ingredient that majorly decides the performance characteristics of the paints and coating. Earlier binders were made of natural ingredients. However, in present times, binders are being manufactured from synthetic polymers such as polyester, alkyds, epoxies, vinyl and urethanes. The binder is mixed with fillers or additives to enhance the product performance characteristics, pigments to impart color and solvents to control viscosity.

The evolving automotive industry, proliferating infrastructure projects in the APAC region, increase in demand from the marine & aerospace industries along with the rising importance of paints & coatings with functional benefits are the key factors driving the paints & coatings market. However, factors like the implementation of stringent regulations for reducing VOC emissions and the high costs associated with paints & coatings are restraining the growth of this market.

Factors such as the increasing demand from developing economies, emergence of nano and fluoropolymers and shift towards the adoption of sustainable products can be leveraged by the market to get towards the projected growth. However, the negative impact on the environment is one of the major challenges obstructing the growth of this market.

Regional Outlook

The paints & coatings market covers major geographical regions such as North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. Asia Pacific is the leader in the global paints & coatings market, with the largest revenue share and CAGR. Two major drivers that enabled the Asia-Pacific region to become a global leader are the booming construction industry, urbanization and the presence of emerging economies. The growth of the APAC market is driven by the presence of emerging economies like India, China, South Korea, Malaysia, and Singapore.

Competitive Outlook

Companies contending in the paints & coatings market are Valspar Corporation, Kansai Paint Co., Ltd., Nippon Paint Holdings Co., Ltd., Jotun A/S, BASF Coatings, RPM International, Inc., The Sherwin-Williams, Kelly-Moore Paints, Axalta Coating System LLC, Berger Paints India Limited, Akzonobel N.V., Beckers Group, Indigo Paints Pvt. Ltd., Asian Paints Limited and PPG Industries.

Valspar is a US-based company, that engages in the development, manufacturing and distribution of paints, coatings, and related products across the world. The product portfolio of the company boasts products such as wood paints & coatings (sells its products under the brand name Cabot Stains, Guardsman, Valspar Wood), industrial paints & coatings (includes coil paints and coatings, extrusion paints and coatings, general industrial paints & coatings), automotive paints & coatings (includes PlastiKote, DeBeer Refinish, House of Kolor, Prospray, Valspar Refinish, Matrix), Kustom Finishes (includes House of Kolor), high performance architectural paints & coatings (includes Acrodize, Acroflur, Alamo White, ApGard, Cool Paints and coatings, Dynakote II, Flurocrul, Fluropon Coil Family, Fluropon Extrusion Family, Flurospar Family, High Reflectance White, HVAC Coating, Polykote Family, Polylure Family, Super Dynapon, Ultra-Flexar, Valflon, Valshield, WeatherXL Family) and European industrial paints & coatings (includes Inver).
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Akzonobel N.V.
  • Axalta Coating System Llc
  • Beckers Group
  • Jotun A/S
  • Kelly-Moore Paints
  • Rpm International, Inc.
  • MORE
1. Global Paints & Coatings Market - Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.3. Porter’s Five Force Analysis
2.4. Market Attractiveness Matrix
2.5. Vendor Scorecard
2.6. Industry Player Positioning
2.7. Market Drivers
2.7.1. Evolving Automotive Industry
2.7.2. Snowballing Infrastructure Projects in the Asia-Pacific
2.7.3. Increased Demand From Aerospace & Marine Industry
2.7.4. Growing Importance of Paints & Coatings With Functional Benefits
2.8. Market Restraints
2.8.1. High Costs Associated With Paints & Coatings
2.8.2. Implementation of Stringent Regulations for Reducing Voc Emissions
2.9. Market Opportunities
2.9.1. Increased Demand From Emerging Economies
2.9.2. Shift Towards Adoption of Sustainable Products
2.9.3. Emergence of Nano & Fluoropolymer
2.10. Market Challenges
2.10.1. Negative Impact On Environment

3. Global Paints & Coatings Market Outlook - By Resin Type (In Terms of Value: $ Million & in Terms of Volume: Kilo Tons)
3.1. Acrylic
3.2. Polyester
3.3. Alkyd
3.4. Epoxy
3.5. Polyurethane
3.6. Other Resin Types

4. Global Paints & Coatings Market Outlook - By Technology (In Terms of Value: $ Million & in Terms of Volume: Kilo Tons)
4.1. Water-Borne
4.2. Solvent-Borne
4.3. Powder Coating
4.4. High-Solids
4.5. Radiation-Cured
4.6. Emerging Coating Technologies

5. Global Paints & Coatings Market Outlook - By Application (In Terms of Value: $ Million & in Terms of Volume: Kilo Tons)
5.1. Architectural Applications
5.1.1. Interior
5.1.2. Exterior
5.2. Industrial Applications
5.2.1. Automotive
5.2.2. Aerospace & Marine
5.2.3. Industrial Wood Coatings
5.2.4. Consumer Durables
5.2.5. General Industrial
5.2.6. Other Industrial Applications

6. Global Paints & Coatings Market - Regional Outlook (In Terms of Value: $ Million & in Terms of Volume: Kilo Tons)
6.1. North America
6.1.1. Market By Resin Type
6.1.2. Market By Technology
6.1.3. Market By Application
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market By Resin Type
6.2.2. Market By Technology
6.2.3. Market By Application
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Italy
6.2.4.5. Spain
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market By Resin Type
6.3.2. Market By Technology
6.3.3. Market By Application
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market By Resin Type
6.4.2. Market By Technology
6.4.3. Market By Application
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market By Resin Type
6.5.2. Market By Technology
6.5.3. Market By Application
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Turkey
6.5.4.3. Saudi Arabia
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa

7. Competitive Landscape
7.1. Akzonobel N.V.
7.2. Asian Paints Limited
7.3. Axalta Coating System Llc
7.4. Basf Coatings
7.5. Beckers Group
7.6. Berger Paints India Limited
7.7. Indigo Paints Pvt. Ltd.
7.8. Jotun A/S
7.9. Kansai Paint Co., Ltd.
7.10. Kelly-Moore Paints
7.11. Nippon Paint Holdings Co., Ltd.
7.12. PPG Industries
7.13. RPM International, Inc.
7.14. The Sherwin-Williams
7.15. Valspar Corporation

8. Methodology & Scope
8.1. Research Scope
8.2. Sources of Data
8.3. Research Methodology

Table List
Table 1: Market Attractiveness Matrix for Paints & Coatings Market
Table 2: Vendor Scorecard of Paints & Coatings Market
Table 3: Global Paints & Coatings Market, By Resin Type, 2019-2027 (In $ Million)
Table 4: Global Paints & Coatings Market, By Resin Type, 2019-2027 (In Kilo Tons)
Table 5: Global Paints & Coatings Market, By Technology, 2019-2027 (In $ Million)
Table 6: Global Paints & Coatings Market, By Technology, 2019-2027 (In Kilo Tons)
Table 7: Global Paints & Coatings Market, By Application, 2019-2027 (In $ Million)
Table 8: Global Paints & Coatings Market, By Application, 2019-2027 (In Kilo Tons)
Table 9: Global Paints & Coatings Market, Regional Outlook, 2019-2027 (In $ Million)
Table 10: Global Paints & Coatings Market, Regional Outlook, 2019-2027 (In Kilo Tons)
Table 11: North America Paints & Coatings Market, Country Outlook, 2019-2027 (In $ Million)
Table 12: North America Paints & Coatings Market, Country Outlook, 2019-2027 (In Kilo Tons)
Table 13: North America Paints & Coatings Market, By Resin Type, 2019-2027 (In $ Million)
Table 14: North America Paints & Coatings Market, By Resin Type, 2019-2027 (In Kilo Tons)
Table 15: North America Paints & Coatings Market, By Technology, 2019-2027 (In $ Million)
Table 16: North America Paints & Coatings Market, By Technology, 2019-2027 (In Kilo Tons)
Table 17: North America Paints & Coatings Market, By Application, 2019-2027 (In $ Million)
Table 18: North America Paints & Coatings Market, By Application, 2019-2027 (In Kilo Tons)
Table 19: Europe Paints & Coatings Market, Country Outlook, 2019-2027 (In $ Million)
Table 20: Europe Paints & Coatings Market, Country Outlook, 2019-2027 (In Kilo Tons)
Table 21: Europe Paints & Coatings Market, By Resin Type, 2019-2027 (In $ Million)
Table 22: Europe Paints & Coatings Market, By Resin Type, 2019-2027 (In Kilo Tons)
Table 23: Europe Paints & Coatings Market, By Technology, 2019-2027 (In $ Million)
Table 24: Europe Paints & Coatings Market, By Technology, 2019-2027 (In Kilo Tons)
Table 25: Europe Paints & Coatings Market, By Application, 2019-2027 (In $ Million)
Table 26: Europe Paints & Coatings Market, By Application, 2019-2027 (In Kilo Tons)
Table 27: Asia-Pacific Paints & Coatings Market, Country Outlook, 2019-2027 (In $ Million)
Table 28: Asia-Pacific Paints & Coatings Market, Country Outlook, 2019-2027 (In Kilo Tons)
Table 29: Asia-Pacific Paints & Coatings Market, By Resin Type, 2019-2027 (In $ Million)
Table 30: Asia-Pacific Paints & Coatings Market, By Resin Type, 2019-2027 (In Kilo Tons)
Table 31: Asia-Pacific Paints & Coatings Market, By Technology, 2019-2027 (In $ Million)
Table 32: Asia-Pacific Paints & Coatings Market, By Technology, 2019-2027 (In Kilo Tons)
Table 33: Asia-Pacific Paints & Coatings Market, By Application, 2019-2027 (In $ Million)
Table 34: Asia-Pacific Paints & Coatings Market, By Application, 2019-2027 (In Kilo Tons)
Table 35: Latin America Paints & Coatings Market, Country Outlook, 2019-2027 (In $ Million)
Table 36: Latin America Paints & Coatings Market, Country Outlook, 2019-2027 (In Kilo Tons)
Table 37: Latin America Paints & Coatings Market, By Resin Type, 2019-2027 (In $ Million)
Table 38: Latin America Paints & Coatings Market, By Resin Type, 2019-2027 (In Kilo Tons)
Table 39: Latin America Paints & Coatings Market, By Technology, 2019-2027 (In $ Million)
Table 40: Latin America Paints & Coatings Market, By Technology, 2019-2027 (In Kilo Tons)
Table 41: Latin America Paints & Coatings Market, By Application, 2019-2027 (In $ Million)
Table 42: Latin America Paints & Coatings Market, By Application, 2019-2027 (In Kilo Tons)
Table 43: Middle East and Africa Paints & Coatings Market, Country Outlook, 2019-2027 (In $ Million)
Table 44: Middle East and Africa Paints & Coatings Market, Country Outlook, 2019-2027 (In Kilo Tons)
Table 45: Middle East and Africa Paints & Coatings Market, By Resin Type, 2019-2027 (In $ Million)
Table 46: Middle East and Africa Paints & Coatings Market, By Resin Type, 2019-2027 (In Kilo Tons)
Table 47: Middle East and Africa Paints & Coatings Market, By Technology, 2019-2027 (In $ Million)
Table 48: Middle East and Africa Paints & Coatings Market, By Technology, 2019-2027 (In Kilo Tons)
Table 49: Middle East and Africa Paints & Coatings Market, By Application, 2019-2027 (In $ Million)
Table 50: Middle East and Africa Paints & Coatings Market, By Application, 2019-2027 (In Kilo Tons)

Figure List
Figure 1: Global Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 2: Porter’s Five Force Analysis of Paints & Coatings Market
Figure 3: Key Player Positioning in 2018 (%)
Figure 4: Anticipated Growth in Gdp of Emerging Nations
Figure 5: Global Paints & Coatings Market, By Water-Borne, 2019-2027 (In $ Million)
Figure 6: Global Paints & Coatings Market, By Solvent-Borne, 2019-2027 (In $ Million)
Figure 7: Global Paints & Coatings Market, By Powder Coating, 2019-2027 (In $ Million)
Figure 8: Global Paints & Coatings Market, By High-Solids, 2019-2027 (In $ Million)
Figure 9: Global Paints & Coatings Market, By Radiation-Cured, 2019-2027 (In $ Million)
Figure 10: Global Paints & Coatings Market, By Other Emerging Coating Technologies, 2019-2027 (In $ Million)
Figure 11: Global Paints & Coatings Market, By Acrylic, 2019-2027 (In $ Million)
Figure 12: Global Paints & Coatings Market, By Polyester, 2019-2027 (In $ Million)
Figure 13: Global Paints & Coatings Market, By Alkyd, 2019-2027 (In $ Million)
Figure 14: Global Paints & Coatings Market, By Epoxy, 2019-2027 (In $ Million)
Figure 15: Global Paints & Coatings Market, By Polyurethane, 2019-2027 (In $ Million)
Figure 16: Global Paints & Coatings Market, By Other Resin Types, 2019-2027 (In $ Million)
Figure 17: Global Paints & Coatings Market, By Architectural Applications, 2019-2027 (In $ Million)
Figure 18: Global Architectural Paints & Coatings Market, By Interior, 2019-2027 (In $ Million)
Figure 19: Global Architectural Paints & Coatings Market, By Exterior, 2019-2027 (In $ Million)
Figure 20: Global Paints & Coatings Market, By Industrial Applications, 2019-2027 (In $ Million)
Figure 21: Global Industrial Paints & Coatings Market, By Automotive, 2019-2027 (In $ Million)
Figure 22: Global Industrial Paints & Coatings Market, By Aerospace & Marine, 2019-2027 (In $ Million)
Figure 23: Boeing’s Commercial Aircrafts Market Outlook, By Region, 2016-2035
Figure 24: Global Industrial Paints & Coatings Market, By Industrial Wood Coatings, 2019-2027 (In $ Million)
Figure 25: Global Industrial Paints & Coatings Market, By Consumer Durables, 2019-2027 (In $ Million)
Figure 26: Global Industrial Paints & Coatings Market, By General Industrial, 2019-2027 (In $ Million)
Figure 27: Global Industrial Paints & Coatings Market, By Other Industrial Application, 2019-2027 (In $ Million)
Figure 28: Global Paints & Coatings Market, Regional Outlook, 2018 & 2027 (In %)
Figure 29: United States Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 30: Canada Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 31: United Kingdom Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 32: Germany Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 33: France Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 34: Italy Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 35: Spain Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 36: Russia Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 37: Rest of Europe Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 38: China Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 39: Japan Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 40: India Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 41: South Korea Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 42: Asean Countries Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 43: Australia & New Zealand Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 44: Rest of Asia-Pacific Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 45: Brazil Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 46: Mexico Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 47: Rest of Latin America Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 48: United Arab Emirates Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 49: Saudi Arabia Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 50: Turkey Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 51: South Africa Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 52: Rest of Middle East & Africa Paints & Coatings Market, 2019-2027 (In $ Million)
Note: Product cover images may vary from those shown
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  • Akzonobel N.V.
  • Asian Paints Limited
  • Axalta Coating System Llc
  • Basf Coatings
  • Beckers Group
  • Berger Paints India Limited
  • Indigo Paints Pvt. Ltd.
  • Jotun A/S
  • Kansai Paint Co., Ltd.
  • Kelly-Moore Paints
  • Nippon Paint Holdings Co., Ltd.
  • Ppg Industries
  • Rpm International, Inc.
  • The Sherwin-Williams
  • Valspar Corporation
Note: Product cover images may vary from those shown
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