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Paints and Coatings Industry Data Book Covers Powder Coatings, Waterborne Coatings, Solvent-borne Coatings and High Solids/Radiation Curing Coatings Markets.
The economic value generated by the paints coatings industry was estimated at approximately USD 161.44 billion in 2022.
Powder Coatings Market Report Highlights
The global powder coatings market size was valued at USD 8.52 million tons in 2022, and it is expected to reach USD 20.8 billion by 2028, registering a CAGR of 3.9% CAGR (2023-2030).
- Epoxy-Polyester (Hybrid) is expected to be the fastest-growing resin type segment during the forecast period
- Consumer goods dominated the application segment in 2020 due to high demand for domestic appliances in emerging countries, such as India, China, Vietnam, the Philippines, and Thailand
- The global market is fragmented. In terms of revenue, the top market players collectively held over 40% of the overall share in 2020
- Key players are striving to gain a higher market share with new product developments and advancements in the manufacturing technology
- However, at present, the pricing structure of market participants is nearly the same and there is not much difference in product attributes
Access the Global Paints and Coatings Industry Data Book, 2022 to 2030, compiled with details like market sizing information forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory technological framework studies
Waterborne Coatings Market Report Highlights
The global waterborne coatings market size was valued at USD 57.67 billion in 2022, and it is expected to reach USD 89.35 billion by 2030, registering a CAGR of 3.4% CAGR (2023-2030).
- Acrylic resin type will register the fastest growth rate from 2023 to 2030 owing to high product demand in automobile and infrastructure applications
- PU will be the second-fastest-growing resin type from 2023 to 2030 due to the wide product usage in automobile application
- The architectural application will register the highest CAGR from 2023 to 2030 due to the growing infrastructural activities across the globe
- Automotive OEM is likely to record the second-fastest CAGR from 2023 to 2030 owing to the product demand in automotive and related applications across the globe
- Asia Pacific will witness the highest CAGR from 2023 to 2030 due to the growing infrastructural and architectural activities as a result of the rising population
- The industry is highly competitive due to the presence of a large number of manufacturing companies
Order your copy of the Free Sample of “Paints and Coatings Industry Data Book - Powder Coatings, Waterborne Coatings, Solvent-borne Coatings and High Solids/Radiation Curing Coatings Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Competitive Landscape
Key players operating in the paints and coatings industry are –
- PPG Industries, Inc.
- Akzo Nobel N.V.
- The Sherwin-Williams Company
- Axalta Coating Systems, LLC
- Jotun
- RPM International, Inc.
- BASF SE
- Henkel AG Company, KGaA
- Kansai Paint Co., Ltd.
- Nippon Paint Holdings Co., Ltd.
- Hempel A/S
- Sika AG
- 3M
- Beckers Group
Grand View Research’s paints coatings sector database is a collection of market sizing information forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.
Go through the table of content of Paints and Coatings Industry Data Book to get a better understanding of the Coverage Scope of the study
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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