Paint And Coatings Industry Market Research

They are utilized to decorate and protect new constructions and maintain existing structures including residential houses and apartments buildings plants and factories.

Paint and coatings industry market research.

Decorative paint and coatings market is expected to reach usd 161 2 billion by 2027 growing at a growth rate of 5 80 in the forecast period 2020 to 2027. Global decorative paint and coatings market. The market is expected to witness significant growth in emerging economies such as india china and indonesia. The market is expected to be driven by the increasing product consumption in the construction automotive and general industries application sectors.

Also included are five. In 2017 the market was around 33 15 billion in terms of value according to a recent report published by trans. Coating resins market to expand at 5 27 cagr from 2018 2026. Sep 15 2020 usd 295.

Paints and coatings offer two primary functions i e. An overview of the global market for paints and coatings. Market analysis and insights. The global paints and coatings market size was valued at usd 146 2 billion in 2019 and is expected to grow at a compound annual growth rate cagr of 4 3 from 2020 to 2027.

Paint and coating manufacturing 2020 u s. The global paints and coatings market size is anticipated to reach usd 202 7 billion by 2027 according to a new report by grand view research inc registering a cagr of 4 3 over the forecast period. Jan 31 2019 usd 2 263. Global market analysis for the paint coatings industry 2019 2024 the global market analysis for the paint coatings industry 2018 2023 provides a comprehensive view of the global paint and coatings industry addressing topics of relevance to coatings manufacturers end users raw materials suppliers and others interested in the industry.

This report includes updated 2020 2021 and 5 year forecasts due to the economic impact of covid 19. Paint and coatings manufacturing in australia industry market research report. Total market valued is expected to reach 141 billion in 2018 after increasing at a five year compound annual growth rate of 3 8 from 2013 to 2018. The industry in the united states with over 100 data sets covering 2011 2024.

Paints and coatings market overview. Companies that manufacture inks and toners are also included in the industry. Growth in automotive industry and increase in the industrialization is the factor for the decorative paint and coatings market in the forecast period of 2020 to 2027. The global market for paints and coatings was valued at 111 2 billion in 2012 and should reach 116 9 billion in 2013.

Coatings refer broadly to any type of covering that is applied to an object s surface for functional. The global paint and coatings industry is a major subset of the international chemical industry.