Paints & Coatings Market, By Product Type (High solids/radiation cure, Powder coating, Waterborne coatings, Solvent-borne coatings, Others), By Application (Automotive & Aviation, Medical & healthcare, Residential, Commercial, Others), and By Region (North America, Europe, Asia-pacific, Rest of the World) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Paints and coatings are widely used in industries for protecting machines and equipment from rusting and corrosion whereas decorative paints & coatings are used mainly applied on interior and exterior walls of residential and corporate buildings. Rising population and disposable income has been fuelling the demand for consumer goods and automotive, which in turn is boosting industrialization.
Market Dynamics
The global paints and coatings market has witnessed significant growth in recent past years, owing to the rising emergence and rampant adoption of new coating technologies such as waterborne coatings, high-solids coatings, two-component systems, powder coatings, and radiation-curable coatings. This is expected to foster the demand for paints and coatings in the next few years.
Major players in the global paints and coatings market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries such as transportation, automotive, furniture, packaging, metal manufacturing and others. This scenario is expected to fuel the market during the forecast period.
Key features of the study:
This report provides in-depth analysis of global paints and coatings market size (US$ Billion and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global paints and coatings market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes Akzo Nobel N.V., Asian Paints, Axalta Coating Systems, BASF SE, Berger Paints India Limited, Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company, Diamond Vogel Paints, Helios Group, KCC Corporation, Masco Corporation, Nippon Paint, and PPG Industries Inc.
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Product Type up-gradation, market expansion, and marketing tactics
The global Paints and coatings market report caters to various stakeholders in this industry including investors, suppliers, global paints and coatings manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global paints and coatings market
Detailed Segmentation:
Global Paints and coatings Market, By Product Type:
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
Global Paints and coatings Market, By Application:
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Global Paints and coatings Market, By Region:
North America
U.S.
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Canada
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Europe
France
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Germany
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
U.K.
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Russia
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Rest of Europe
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Asia Pacific
China
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Japan
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Australia
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
India
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Rest of the Asia-pacific
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Rest of the World
By Product Type
High solids/radiation cure
Powder coating
Waterborne coatings
Solvent-borne coatings
Others
By Application
Automotive & Aviation
Medical & healthcare
Residential
Commercial
Others
Company Profiles
Akzo Nobel N.V.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Asian Paints
Axalta Coating Systems
BASF SE
Berger Paints India Limited
Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company
Diamond Vogel Paints
Helios Group
KCC Corporation
Masco Corporation
Nippon Paint
PPG Industries Inc.
“*” marked represents similar segmentation in other categories in the respective
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet By Technology
- Market Snippet By Resin Type
- Market Snippet By Application
- Market Snippet By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Steady growth in architectural application
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trends
- Mergers and Acquisitions
- New Product Approvals/Launches
- Promotion and Marketing Initiatives
- Cost Tier Down Analysis
- 4. Technological Background, By Components
- Binders, Resins or Polymers
- Convertible binders
- Alkyd Resin
- Oils
- Epoxy Resin
- Phenolic Resin
- Polyurethane Resin
- Silicone Resin
- Polyester
- Others
- Non-Convertible Binders
- Cellulose Resin
- Acrylic Resin
- Chlorinated rubber Resin
- Vinyl Resin
- Pigments
- Colored Pigments
- Natural Pigments
- Red iron Oxide
- Brown Iron Oxide
- Others
- Synthetic Pigments
- White Pigments
- Titanium Dioxide
- Zinc Oxide
- Others
- Metallic Powders
- Powdered Aluminum
- Zinc
- Others
- Functional Pigments
- Solvents
- Active Solvent
- Diluent
- Thinner
- Additives
- Surfactants
- Anti-foaming agents
- UV stabilizers
- Fire Retardants
- Extenders
- 5. Global Paints and Coatings Market, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 - 2028
- Segment Trends
- Waterborne
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Solvent borne
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- High solids coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Powder Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- 6. Global Paints and Coatings Market, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 - 2028
- Segment Trends
- Acrylic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Alkyd
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Epoxy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Polyester
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Polyurethane
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- 7. Global Paints and Coatings Market, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 - 2028
- Segment Trends
- Decorative Paints
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Metal Industrial Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Industrial Maintenance and Protective
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Powder Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Automotive Refinish
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Wood Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Marine Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Coil Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- Packaging Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Mn & Kilo Tons)
- 8. Global Paints and Coatings Market, By Regions, 2017 - 2028 (US$ Mn & Kilo Tons)
- Introduction
- Market Share Analysis, By Region, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, For Regions, 2017 - 2028
- North America
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2028
- U.S.
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Canada
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Europe
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2028
- U.K.
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Germany
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Italy
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- France
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Spain
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Russia
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Asia Pacific
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2028
- China
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- India
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Japan
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- ASEAN
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Australia
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- South Korea
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Latin America
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2028
- Brazil
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Mexico
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Rest of Latin America
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Middle East
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2028
- GCC Countries
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Israel
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Rest of Middle East
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Africa
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2028
- Northern Africa
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- Central Africa
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- South Africa
- Country Trends
- Market Size and Forecast, By Technology, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Resin Type, 2017 - 2028 (US$ Mn & Kilo Tons)
- Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn & Kilo Tons)
- 9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis
- Company Profiles
- PPG *
- Company Overview
- Resins Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- The Sherwin-Williams Co.
- RPM International Inc
- The Valspar Corp.
- Axalta Coating Systems
- BEHR
- Benjamin Moore & Co
- Dunn-Edwards Corporation
- Ennis-Flint
- Shawcor Ltd.
- Nippon Paints
- Kelly-Moore Paints Co. Inc
- Cloverdale Paints Inc
- Innovative Chemical Products Group,
- References
- Research Methodology
- About us and Sales Contact
- “*” marked represents similar segmentation in other categories in the respective section.
- Note- We will profile top 10 companies’ profiles. Also, we will provide the exhaustive list of domestic players for every region.
- *Browse 90 market data tables and 40 figures on "Paints and Coatings Market - Global forecast to 2028”.
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