Paints and Coatings Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32 - PowerPoint PPT Presentation

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Paints and Coatings Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32

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According to the latest research report by IMARC Group, The global paints and coatings market size reached US$ 177.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 269.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Title: Paints and Coatings Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32


1
Global Paints and Coatings Market Research and
Forecast Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • IMARC Group is a global management consulting
    firm that helps the worlds most ambitious
    changemakers to create a lasting impact. Across
    the six major continents and 100 countries, we
    work alongside our business partners as one team
    with a common ambition to achieve unparalleled
    results, gain a competitive edge, and transform
    industries. IMARC Group excels in understanding
    its clients business priorities and delivering
    tailored solutions that drive meaningful
    outcomes. Our client base spans over 3,000
    organizations in the private, public, and social
    sectors, ranging from high-growth startups to
    Fortune 500 companies.
  • We provide a comprehensive suite of market entry
    and expansion services. Our offerings include
    thorough market assessment, feasibility studies,
    company incorporation assistance, factory setup
    support, regulatory approvals and licensing
    navigation, branding, marketing and sales
    strategies, competitive landscape and
    benchmarking analyses, pricing and cost research,
    and procurement research. These services are
    designed to assist companies in evaluating market
    opportunities, setting up new entities,
    navigating regulatory landscapes, boosting brand
    visibility, analyzing competitors, and optimizing
    procurement strategies.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Paints and Coatings Market Global
    Industry Trends, Share, Size, Growth, Opportunity
    and Forecast 2024-2032," the global paints and
    coatings market size reached US 177.4 Billion in
    2023.
  • Factors Affecting the Growth of the Paints and
    Coatings Industry
  • Technological Advancements and Innovation
  • The paints and coatings industry has witnessed
    significant growth due to continuous
    technological advancements and innovation.
    Manufacturers are constantly developing new
    formulations and technologies to meet evolving
    consumer needs, enhance product performance, and
    comply with regulatory requirements. One notable
    trend is the shift towards eco-friendly and
    sustainable coatings, driven by increasing
    environmental concerns and stringent regulations.
  • Water-based paints, low-VOC (volatile organic
    compound) coatings, and powder coatings are
    gaining popularity due to their reduced
    environmental impact and improved safety profile.
    Additionally, advancements in nanotechnology have
    led to the development of coatings with enhanced
    properties such as self-healing, antimicrobial,
    and superhydrophobic capabilities, expanding the
    application scope across various industries
    including automotive, construction, and
    aerospace.

4
Report Highlight and Description
  • Growing Construction and Infrastructure
    Development
  • The paints and coatings industry is closely
    linked to the construction and infrastructure
    sectors, which play a crucial role in driving its
    growth. Rapid urbanization, population growth,
    and increasing disposable income levels have
    spurred demand for residential, commercial, and
    industrial construction projects worldwide.
  • Emerging economies, particularly in Asia-Pacific
    and Latin America, are witnessing robust
    construction activities fueled by infrastructure
    development initiatives and urban renewal
    projects. As a result, there is a growing demand
    for paints and coatings to protect and decorate
    buildings, bridges, roads, and other
    infrastructure assets. Moreover, renovation and
    refurbishment projects further contribute to
    market growth as consumers seek to maintain and
    enhance the aesthetics and durability of existing
    structures.
  • Expanding Automotive and Transportation Sector
  • The automotive and transportation sector is a
    major consumer of paints and coatings, driving
    demand through vehicle production, maintenance,
    and aftermarket services. With rising vehicle
    ownership and demand for passenger and commercial
    vehicles globally, the automotive industry
    continues to be a key growth driver for the
    paints and coatings market.

5
Report Highlight and Description
  • Manufacturers are focusing on developing coatings
    that offer superior performance in terms of
    corrosion resistance, scratch resistance, color
    retention, and durability to meet the stringent
    requirements of automotive OEMs (original
    equipment manufacturers) and end-users.
    Additionally, the shift towards electric vehicles
    (EVs) and autonomous vehicles presents new
    opportunities for coatings innovation,
    particularly in the areas of lightweight
    materials and thermal management coatings to
    enhance efficiency and performance.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/paints-coatings-market/
    requestsample

6
Report Description
  • Global Paints and Coatings Market Trends
  • The global market is primarily driven by the
    rising disposable income levels in developing
    economies, which contribute to increased spending
    on home renovation, remodeling, and interior
    decoration. Additionally, the increasing focus on
    maintenance and repair activities across
    industries, driven by the need to extend asset
    lifecycles and optimize operational efficiency,
    is stimulating market growth.
  • Moreover, rapid urbanization and infrastructure
    development projects in emerging economies
    stimulate demand for architectural coatings for
    residential, commercial, and public
    infrastructure, fueling market growth.
    Furthermore, ongoing innovations in the
    automotive industry, such as electric vehicles
    and autonomous driving technologies, drive the
    need for advanced coatings offering electrical
    insulation, thermal management, and sensor
    compatibility, propelling market growth.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/paints-coatings-market

7
Report Segmentation
  • 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

8
Report Segmentation
  • 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

9
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

10
Key Questions Answered in the Report
11
Table of Contents
  • 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
  • 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       

12
Table of Contents
  • 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
  • 7 Market Breakup by Material
  • 7.1 Acrylic
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
  • 7.2 Alkyd
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 7.3 Polyurethane
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
  • 7.4 Epoxy
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

13
Partial List of Clients
14
Partial List of Clients
15
Disclaimer
  • 2024 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.

16
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