Paints and Coating Market to Prosper Globally With Rising Demand: Ken Research

1
Paints and Coating Market to Prosper Globally
With Rising Demand Ken Research
2
Any liquid, liquefiable or mastic composition is
a paint which when applied to a substrate in a
thin layer will proselyte the solid film. It
helps to protect the object, colour it and it
provides texture to objects. Rather than
aesthetic properties, an industrial coating is a
paint which is well defined by its protectiveness
quality, although it can provide both as well.
For corrosion control of steel structures,
industrial coatings are mostly used. Corrosion
control on steel structure like offshore
platforms, underground pipelines, bridges, etc.
3

• The market of paints and coatings are segmented
  on the basis of resin type, technology,
  application and region. On the basis of resin
  type the market is further segmented into
  polyurethanes, acrylic, polyesters, epoxy, alkyd
  and others. On the basis of technology the market
  is segmented into water based, solvent based,
  high solids and powder. On the basis of
  application the market is segmented into
  agriculture and industrial. On the basis of
  region the market is segmented into North
  America, Europe, Asia Pacific, Middle East
  Africa and South America.
• According to the report Paints and Coatings
  Market Global Report 2017, in 2016, Asia has
  accounted for the largest region in paints and
  coating market with majority of market share.
  Increasing infrastructure development in India
  and China had led the Asia to gain largest market
  share. With a significant market share, America
  has been accounted as second largest region in
  paints and coatings market followed by Europe.

4

• The industries that manufacture paints and
  coatings are expected to grow well in future
  because they are used to solve many industrial
  problems. Industrial paints comprises of mix
  pigments, solvents and binders into paint. For
  concrete and masonry, coating such as stains,
  narnishes, lacquers, enamels, shellacs and water
  repellent coating are established. Putties,
  paints and varnish removers, paint brush cleaner
  and frit are the products of manufacture allied
  paints.
• Till 2020, it is forecasted that the global
  paints and coating market will reach great
  heights of success registering the maximum market
  revenue of about USD 350 billion. One of the
  important drivers of paint and coating industry
  is considered to be the high demand in end user
  industries. Many industries of paints and
  coatings have seen a rapid increase in its
  consumption. Automotive, construction and
  manufacturing industries are the places where
  paints and coatings are majorly used. In building
  and construction, decorative paints and

5

• coatings are used. On the other hand, protective
  paints and coatings are used in automotive, major
  appliance and industrial equipment industries.
  Therefore, with multiplying applications of
  paints and coatings in several activities, the
  cumulative market is foreseen to improve year by
  year recording great profits.
• Key Factors Considered in the Report
• Global Paints Market Research Report
• Global Paints Market Import Value
• Global Paints Market Export Value
• Global Powder Coatings Market Trends
• Global Paints Industry Future Outlook
• Global Water Borne Coatings Market Analysis
• Global Solvent Based Coatings Market Demand
• Global Paint Market Competitors
• Global Varnishes Industry Trends

6

• Global Paints and Coatings Industry Research
• North America Paints and Coatings Market
• Asia Pacific Paints and Coatings Industry
• Europe Paints and Coatings Market
• To know more about the research report
• https//www.kenresearch.com/metal-mining-and-chemi
  cals/chemicals/paints-coatings-global-report/12300
  1-101.html
• Related reports
• https//www.kenresearch.com/metal-mining-and-chemi
  cals/chemicals/asia-pacific-d-mannose-market/12289
  7-101.html
• https//www.kenresearch.com/metal-mining-and-chemi
  cals/chemicals/asia-pacific-cetrimide-market/12289
  6-101.html

7
Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204