Paints and Coatings Market Growth, Demand and Challenges of the Key Industry Players 2023-2028

1
Global Paints and Coatings Market Research and
Forecast Report 2023-2028




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2
About IMARC Group
Report Description
International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all regions
and industry verticals to identify their
highest-value opportunities, address their most
critical challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Paints and Coatings Market Research
Report 2023-2028 According to the latest report
by IMARC Group, titled "Paints and Coatings
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast
2023-2028," the global paints and coatings market
size reached US 168.7 Billion in 2022. Paints
are made from a mixture of pigments, binders,
solvents, and additives that are used to protect
surfaces against various environmental factors,
such as moisture, sunlight, and temperature
fluctuations. They are an excellent way to
enhance the appearance of surfaces by adding
color, texture, and other decorative effects.
On the other hand, coatings are produced from
different materials, such as polymers, ceramics,
and metals, which are applied to various surfaces
like metal, plastic, wood, and concrete. They
have anti fouling, anti-microbial, or
self-cleaning properties and consequently applied
to different surfaces using brushes, rollers,
sprayers, and dip coating. Request for a PDF
sample of this report https//www.imarcgroup.com/
paints-coatings-market/requestsample

4
Report Description and Highlights
Report Description
Global Paints and Coatings Market Trends There
is a significant growth in the construction
industry and an increase in the use of paints and
coatings on walls, ceilings, floors, roofs, and
other surfaces for protecting and enhancing the
appearance of buildings. This, coupled with
rising construction activities in residential,
commercial, and industrial areas on account of
rapid urbanization and inflating income levels,
represents one of the major factors strengthening
the market growth around the world. Moreover,
paints and coatings are employed in the
automotive industry to protect vehicles from
scratches and other damages. This, along with the
growing sales of luxury vehicles and the
burgeoning automotive sector, is influencing the
market positively. In addition, the increasing
utilization of paints and coatings in the
aerospace industry to prevent extreme
environmental factors, such as high temperatures,
corrosion, and wear and tear, is fueling the
growth of the market. Apart from this, key
players are introducing volatile organic
compounds (VOC) free, block resistant, and
organic paints and coatings that are produced
using natural ingredients like lemon peel
extract, seed, clay, vegetable, and soybean oil
to expand their product portfolio. Looking
forward, IMARC Group expects the market to reach
US 231.3 Billion by 2028, exhibiting at a CAGR
of 5.2 during 2023-2028. View Report TOC,
Figures and Tables https//www.imarcgroup.com/pai
nts-coatings-market

5
Report Description and Highlights
Report Description

• Key Market Segmentation
• The research report includes the following
  segments
• Breakup by Product
• Waterborne Coatings
• Solvent-borne Coatings
• Powder Coatings
• High Solids/Radiation Curing
• Others
•  
• Breakup by Material
• Acrylic
• Alkyd
• Polyurethane
• Epoxy
• Polyester
• Others
• Breakup by Application
• Architectural and Decorative

6
Report Description and Highlights
Report Description

• Non-Architectural
• Automotive and Transportation
• Wood
• General Industrial
• Marine
• Protective
• Others
•  
• Breakup by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

7
Report Description and Highlights
Report Description

•  
• Competitive Landscape with Key Players
• Akzo Nobel N.V
• Asian Paints Ltd
• Axalta Coating Systems Ltd
• Berger Paints India Limited
• Indigo Paints Limited
• Jotun A/S
• Kansai Paint Co. Ltd
• National Paints Factories Co. Ltd
• PPG Industries Inc
• RPM International Inc
• The Sherwin-Williams Company
• Tiger Coatings GmbH Co. KG
•  

8
Key Questions Answered in the Report
Report Description

• What was the size of the global paints and
  coatings market in 2022?
• What is the expected growth rate of the global
  paints and coatings market during 2023-2028?
• What are the key factors driving the global
  paints and coatings market?
• What has been the impact of COVID-19 on the
  global paints and coatings market?
• What is the breakup of the global paints and
  coatings market based on the product?
• What is the breakup of the global paints and
  coatings market based on the material?
• What is the breakup of the global paints and
  coatings market based on the application?
• What are the key regions in the global paints and
  coatings market?
• Who are the key players/companies in the global
  paints and coatings market?
•  

9
Table of Contents
Report Description
1    Preface2    Scope and Methodology    2.1
   Objectives of the Study    2.2  
 Stakeholders    2.3    Data Sources       
2.3.1    Primary Sources        2.3.2  
 Secondary Sources    2.4    Market Estimation 
      2.4.1    Bottom-Up Approach        2.4.2  
 Top-Down Approach    2.5    Forecasting
Methodology3    Executive Summary4  
 Introduction    4.1    Overview    4.2    Key
Industry Trends5    Global Paints and Coatings
Market    5.1    Market Overview    5.2  
 Market Performance    5.3    Impact of
COVID-19    5.4    Market Forecast

10
Table of Contents
Report Description
6    Market Breakup by Product    6.1  
 Waterborne Coatings        6.1.1 Market
Trends        6.1.2 Market Forecast    6.2  
 Solvent-borne Coatings        6.2.1 Market
Trends        6.2.2 Market Forecast    6.3  
 Powder Coatings        6.3.1 Market Trends   
    6.3.2 Market Forecast    6.4    High
Solids/Radiation Curing        6.4.1 Market
Trends        6.4.2 Market Forecast    6.5    
Others        6.5.1 Market Trends        6.5.2
Market Forecast          Click here to visit
the complete table of content with list of
figures and tables https//www.imarcgroup.com/pai
nts-coatings-market/toc

11
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
12
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
13
Report Description and Highlights
Report Description

2022 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
14

Contact Us