Paints and Coatings Market to Surpass a Valuation of US$ 4.5 billion by 2027
The global Paints and Coatings Market is expected to hit USD 209.09 bn by 2027 and the market is to expand at 4.5% CAGR from 2020 to 2027.
A new study on the global Paints and Coatings market has been published by Precedence Research. It presents a wealth of information on key market dynamics, including the drivers, market trends, and challenges, as well as the structure of the global Paints and Coatings market. The study offers valuable information about the global Paints and Coatings market to illustrate how the market would grow during the forecast period 2020-2027. The report provides the value and volume of the global Paints and Coatings market for the period 2020–2027, considering 2019 as the base year and 2027 as the forecast year. The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments and sub-segments included in the scope of the study.
Key indicators of market growth, which include value chain as well as supply chain analyses, and Compound Annual Growth Rate (CAGR), are elucidated in the study in a comprehensive manner. This data can help readers interpret quantitative growth aspects of the global Paints and Coatings market during the forecast period.
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An extensive analysis on business strategies of leading market players is also featured in study on the global Paints and Coatings market. This can help readers understand principal factors to foresee growth in the global Paints and Coatings market. In this study, readers can also find specific data on the qualitative and quantitative growth avenues for the global market, which is expected to guide market players in making apt decisions in the future.
The report also delves into the competition landscape of the global Paints and Coatings market. Key players operating in the global market have been identified, and each one of these has been profiled for their distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players profiled in the global market report.
Some of the prominent players in the Paints and Coatings market include:
- Akzo Nobel N.V.
- PPG Industries, Inc.
- The Sherwin-Williams Company
- Jotun
- Axalta Coating Systems, LLC
- RPM International Inc.
- Henkel AG & Company, KGaA
- BASF SE
- Kansai Paint Co., Ltd.
- Hempel A/S
- Nippon Paint Holdings Co., Ltd.
- Sika AG
- Beckers Group
- 3M
- The Chemours Company
Key Questions Answered in Paints and Coatings Market Study
– What will be the CAGR of the global Paints and Coatings market between 2016 and 2027?
– What is the future scope and changing trends in technologies in the global Paints and Coatings market?
– Which factors will impede the growth of the global Paints and Coatings market during the forecast period?
– Which are the leading companies in the global Paints and Coatings market?
– Which region is set to expand at the fastest CAGR during the forecast period?
– Which segment will have the highest revenue globally in 2027 and which segment will expand at the fastest CAGR during the forecast period?
– What are the key factors influencing the Paints and Coatings market in each region?
– Which are the leading companies in the global Paints and Coatings market?
– Which factors will impede the growth of the global Paints and Coatings market during the forecast period?
– What is the volume (Units) of different Paints and Coatings across all regions during the forecast period?
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Research Methodology
A unique research methodology has been utilized by precedence research to conduct a comprehensive research on the growth of the global Paints and Coatings market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.
Secondary sources referred to by analysts during the production of the global Paints and Coatings market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from Paints and Coatings industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped in making precedence research estimates on the future prospects of the global market more reliable and accurate.
Segments Covered in the Report
By Material
- Polyester
- Acrylic
- Alkyd
- Epoxy
- Polyurethane
- Others
By Product
- Solvent-borne Coatings
- Waterborne Coatings
- Powder Coatings
- High Solids/Radiation Curing
- Others (Specialty Coatings)
By Application
- Non-Architectural
- Wood
- Automotive & Transportation
- General Industrial
- Protective
- Marine
- Others
- Architectural & Decorative
By Regional Outlook
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
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