Global Paint and Coatings Market Growth 2023-2029

Global Paint and Coatings Market Growth 2023-2029

Paint is defined as a paints material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect, decorated or add a specific feature to the surface on which it is deposited.

LPI (LP Information)' newest research report, the “Paint and Coatings Industry Forecast” looks at past sales and reviews total world Paint and Coatings sales in 2022, providing a comprehensive analysis by region and market sector of projected Paint and Coatings sales for 2023 through 2029. With Paint and Coatings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Paint and Coatings industry.

This Insight Report provides a comprehensive analysis of the global Paint and Coatings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Paint and Coatings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Paint and Coatings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Paint and Coatings and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Paint and Coatings.

The global Paint and Coatings market size is projected to grow from US$ 199 million in 2022 to US$ 236.4 million in 2029; it is expected to grow at a CAGR of 236.4 from 2023 to 2029.

China is the largest Paints & Coatings market with about 37% market share. Europe is follower, accounting for about 21% market share.The key manufacturers are PPG, AkzoNobel, Henkel, Sherwin-Williams, Valspar, RPM International, Axalta, BASF, Kansai Paint, Sika, 3M, Asian Paints, Nippon Paint, HB Fuller, Masco, Jotun, Hempel, KCC Corporation, DAW SE, Shawcor, Cromology, SK KAKEN, Carpoly, Taiho Paint, Berger Paints etc. Top 3 companies occupied about 15% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Paint and Coatings market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Solvent-based Coatings
Waterborne Coatings
High-solids Coatings
Powder Coatings
Others

Segmentation by application
Automotives
Medical & Healthcare
Residential
Commercial
Marine
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AkzoNobel
Henkel
PPG Industries
Nippon Paint
Sherwin Williams
BASF
DowDuPont
Brillux
Benjamin Moore
Asian Paints
Berger Paints
Dulux
Caparol
Tikkurila
Kansai Paint
Cromology
Valspar Paint
Dunn-Edwards Paints
Meffert AG
Jotun
Axalta Coating Systems
CHUGOKU MARINE PAINTS
Hempel
RPM
3M
MASCO
SK Kaken
KCC Corporation
DAI NIPPON TORYO
Fujikura Kasei

Key Questions Addressed in this Report

What is the 10-year outlook for the global Paint and Coatings market?

What factors are driving Paint and Coatings market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Paint and Coatings market opportunities vary by end market size?

How does Paint and Coatings break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.