Growth in world demand for paint and coatings will total 3.7% annually in volume terms through 2020. Gains will be driven by robust economic expansion in developing countries where building construction activity and manufacturing output are advancing at strong rates. Value gains will be supported by growing use of higher quality products (e.g., powder and other high solids formulations) with improved environmental profiles.
This report segments the paint and coatings industry by Product and Market. Data is provided in metric tons and million US dollars.
Paint and coatings product types include:
•Water-Based
•Solvent-Based
•Powder Coatings & Other
Water-based formulations will remain the largest segment through 2019. Fast growth will stem from continued displacement of solvent-borne coatings due to concerns about emissions of volatile organic compounds (VOCs).
The architectural market was the leading outlet for paint and coatings in 2015. The best outlook is forecast for the maintenance and specialty segment, fueled by increased spending on industrial building projects. In addition, an expanding motor vehicle park will boost demand for vehicle refinishing coatings.
World regions and countries covered in the study include:
•North America
•Western Europe
•Asia/Pacific
•Central & South America
•Eastern Europe
•Africa/Mideast
The landscape of the global coatings industry continues to shift as several top players expand their geographic and end market reach via acquisitions. Leading suppliers in the world industry include Akzo Nobel, Asian Paints, Axalta Coating Systems, BASF, Kansai Paint, Nippon Paint, PPG Industries, RPM International, Sherwin-Williams, Valspar.
INTRODUCTION
EXECUTIVE SUMMARY
Table WORLD PAINT & COATINGS DEMAND
MARKET ENVIRONMENT
General
World Economic Overview
Recent Historical Trends
World Economic Outlook
Table WORLD GROSS DOMESTIC PRODUCT BY REGION
World Population Outlook
Table WORLD POPULATION BY REGION
World Gross Fixed Investment Outlook
Table WORLD GROSS FIXED CAPITAL FORMATION BY REGION
World Building Construction Outlook
Table WORLD BUILDING CONSTRUCTION EXPENDITURES BY REGION
Residential Building
Table WORLD RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION
Nonresidential Building
Table WORLD NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION
World Nonbuilding Construction Outlook
Table WORLD NONBUILDING CONSTRUCTION EXPENDITURES BY REGION
World Manufacturing Outlook
Table WORLD MANUFACTURING VALUE ADDED BY REGION
World Motor Vehicle Production
Table WORLD MOTOR VEHICLE PRODUCTION BY REGION
World Motor Vehicles In Use
Table WORLD MOTOR VEHICLES IN USE BY REGION
Environmental & Regulatory Considerations
Volatile Organic Compounds
Other Environmental Issues
OVERVIEW
General
Table WORLD PAINT & COATINGS DEMAND
Demand by Region
Table WORLD PAINT & COATINGS DEMAND BY REGION
Table CHART III-1 WORLD PAINT & COATINGS DEMAND BY REGION, 2015
Demand by Formulation
Table WORLD PAINT & COATINGS DEMAND BY FORMULATION
Table CHART III-2 WORLD PAINT & COATINGS DEMAND BY FORMULATION & REGION, 2005, 2015, &2025
Water-Based
Table WORLD WATER-BASED PAINT & COATINGS DEMAND BY REGION
Solvent-Based
Table WORLD SOLVENT-BASED PAINT & COATINGS DEMAND BY REGION
Powder Coatings & Other
Table WORLD POWDER & OTHER COATINGS DEMAND BY REGION
Demand by Market
Table WORLD PAINT & COATINGS DEMAND BY MARKET
Table CHART III-3 WORLD PAINT & COATINGS DEMAND BY MARKET, 2015
Architectural
Table WORLD ARCHITECTURAL MARKETS FOR PAINT & COATINGS BY SEGMENT, FORMULATION, ®ION
Manufacturing
Table WORLD MANUFACTURING MARKETS FOR PAINT & COATINGS BY SEGMENT, FORMULATION, ®ION
Maintenance & Specialty
Table WORLD MAINTENANCE & SPECIALTY MARKETS FOR PAINT & COATINGS BY SEGMENT, FORMULATION, ®ION
Production by Region
Table WORLD PAINT & COATINGS PRODUCTION BY REGION
Table CHART III-4 WORLD PAINT & COATINGS PRODUCTION BY REGION, 2015
International Trade Flows
Table WORLD PAINT & COATINGS NET EXPORTS BY REGION
NORTH AMERICA
North America: Economic Overview
North America: Supply & Demand
Table NORTH AMERICA: PAINT & COATINGS SUPPLY & DEMAND
North America: Outlook
Table NORTH AMERICA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION
Table CHART IV-1 NORTH AMERICA: PAINT & COATINGS DEMAND BY COUNTRY, 2015
United States
United States: Economic Overview
United States: Supply & Demand
Table UNITED STATES: PAINT & COATINGS SUPPLY & DEMAND
United States: Outlook
Table UNITED STATES: PAINT & COATINGS DEMAND BY MARKET & FORMULATION
Canada
Canada: Economic Overview
Canada: Supply & Demand
Table CANADA: PAINT & COATINGS SUPPLY & DEMAND
Canada: Outlook
Table CANADA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION
Mexico
Mexico: Economic Overview
Mexico: Supply & Demand
Table MEXICO: PAINT & COATINGS SUPPLY & DEMAND
Mexico: Outlook
Table MEXICO: PAINT & COATINGS DEMAND BY MARKET & FORMULATION