Paints & coatings Market

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Paints Coatings Market Expected to reach
209.36 Billion USD by 2022
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• The report "Paints Coatings Market by Resin
  (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester),
  Technology (Water-Based, Solvent-Based, High
  Solids, Powder), Application (Architectural
  Industrial), and Region - Global Forecasts to
  2022", The paints coatings market is projected
  to grow from USD 160.54 Billion in 2017 to USD
  209.36 Billion by 2022, at a CAGR of 5.45 during
  the forecast period.
• Early buyers will receive 10 customization on
  this report.

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• Browse 131 market data tables and 43 figures
  spread through 175 pages and in-depth TOC
  on "Paints Coatings Market by Resin (Acrylic,
  Alkyd, Epoxy, Polyurethane, Polyester),
  Technology (Water-Based, Solvent-Based, High
  Solids, Powder), Application (Architectural
  Industrial), and Region - Global Forecasts to
  2022"https//www.marketsandmarkets.com/Market-Re
  ports/paint-coating-market-156661838.htmlRising
  demand from the construction industry is driving
  the growth of the paints coatings market.
  Increasing demand from automotive, general
  industrial, marine, coil, wood, aerospace, rail,
  and packaging coatings is expected to further
  fuel the growth of the paints coatings market
  during the forecast period.
• Acrylic segment accounted for a major share of
  the paints coatings market in 2016.
• Acrylic resins are preferred over other resins as
  they offer good plasticizer resistance, excellent
  solvent resistance, high flexibility, and impact
  resistance. They also offer excellent color, high
  gloss, and retention of performance properties at
  high temperature.

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Water-based segment accounted for the largest
share of the paints coatings market in
2016. By technology, the water-based segment
accounted for the largest market share in 2016.
The large share of this segment can be attributed
to the various properties of water-based paints
coatings, such as less flammability, low VOC
emissions, stable viscosity, and environment
friendliness, among others. Architectural
segment of the paints coatings market is
estimated to be the largest market between 2017
and 2022 Architectural paints coatings, also
known as decorative paints coatings or building
paints, are applied on the interior and exterior
walls of all kinds of residential, commercial,
industrial, and institutional buildings.
Architectural coatings also find application in
decorative interiors such as wall paintings, wood
flooring, sculptures, and furniture. With the
growing population and increasing migration of
population to the developed nations, the
construction industry is estimated to develop
substantially in the coming years.
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The Asia-Pacific paints coatings market is
projected to grow at the highest CAGR during the
forecast period. The Asia-Pacific paints
coatings market is projected to grow at the
highest CAGR during the forecast period.
Asia-Pacific is a rapidly expanding paints
coatings market, owing to the growing economy and
increasing middle-class population. This is
driving the demand for many building and
industrial materials, including paints and
coatings. The increasing number of residential
and commercial buildings due to rising population
and urbanization mainly in China and India are
expected to drive the market during the forecast
period. AkzoNobel N.V. (Netherlands), PPG
Industries (U.S.), Axalta Coatings Systems
(U.S.), BASF Coatings GmbH (Germany), The
Sherwin-Williams Company (U.S.), Asian Paints
(India), Kansai Paints (Japan), Jotun A/S
(Norway), RPM International (U.S.), Hempel A/S
(Denmark), and Nippon Paint Holdings Co., Ltd.
(Japan) are among the key players operating in
the paints coatings market. For more
information, speak with analyst at
https//www.marketsandmarkets.com/speaktoanalyst.a
sp?id156661838
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• The objectives of this study are
• To analyze and forecast the size of the paints
  coatings market, in terms of value and volume
• To provide detailed information about the key
  factors (drivers, restraints, opportunities, and
  challenges) influencing the growth of the market
• To define, describe, and forecast the market on
  the basis of resin type, technology, and
  application
• To analyze and forecast the paints coatings
  market on the basis of key regions, namely, North
  America, Europe, Asia-Pacific, the Middle East
  Africa, and South America
• To analyze the opportunities in the market for
  stakeholders and provide competitive landscape of
  the market
• To analyze competitive developments, such as
  expansions, new product launches, and mergers
  acquisitions in the paints coatings market
• To strategically profile key players and
  comprehensively analyze their market share and
  core competencies

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