Global Paints & Coatings
Summary
Global Paints & Coatings industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The paints & coatings market includes liquid and powder-based paints, varnishes, and related products used for protective, decorative, industrial, and specialty purposes. The market scope excludes inks, thinners, and raw materials, such as pigments and solvents.
- The global paints & coatings market had total revenues of $195,748.8 million in 2023, representing a compound annual growth rate (CAGR) of 4.6% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 4.4% between 2018 and 2023, to reach a total of 53,475.7 million liters in 2023.
- The expansion in the market is propelled by technologically advanced and specialized products, particularly protective coatings. The heightened demand for these coatings is primarily attributed to the increased needs of automobile manufacturing as well as the oil and gas exploration sector. For instance, according to GlobalData, the global automotive manufacturing market stood at an estimated $2.3 trillion in 2023, an increase of 6.4% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the paints & coatings market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global paints & coatings market
- Leading company profiles reveal details of key paints & coatings market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global paints & coatings market with five year forecasts
- What was the size of the Global paints & coatings market by value in 2023?
- What will be the size of the Global paints & coatings market in 2028?
- What factors are affecting the strength of competition in the Global paints & coatings market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's paints & coatings market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What has been the recent M&A activity in the market?
- 8 Company Profiles
- 8.1. Akzo Nobel N.V.
- 8.2. RPM International Inc
- 8.3. Nippon Paint Holdings Co Ltd
- 8.4. BASF SE
- 8.5. PPG Industries, Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global paints & coatings market value: $ million, 2018-23
- Table 2: Global paints & coatings market volume: million Liters, 2018-23
- Table 3: Global paints & coatings market category segmentation: % share, by value, 2018-2023
- Table 4: Global paints & coatings market category segmentation: $ million, 2018-2023
- Table 5: Global paints & coatings market geography segmentation: $ million, 2023
- Table 6: Global paints & coatings market value forecast: $ million, 2023-28
- Table 7: Global paints & coatings market volume forecast: million Liters, 2023-28
- Table 8: The Sherwin-Williams Company: key facts
- Table 9: Akzo Nobel N.V.: key facts
- Table 10: Akzo Nobel N.V.: Annual Financial Ratios
- Table 11: Akzo Nobel N.V.: Key Employees
- Table 12: RPM International Inc: key facts
- Table 13: RPM International Inc: Annual Financial Ratios
- Table 14: RPM International Inc: Key Employees
- Table 15: RPM International Inc: Key Employees Continued
- Table 16: Nippon Paint Holdings Co Ltd: key facts
- Table 17: Nippon Paint Holdings Co Ltd: Annual Financial Ratios
- Table 18: Nippon Paint Holdings Co Ltd: Key Employees
- Table 19: BASF SE: key facts
- Table 20: BASF SE: Annual Financial Ratios
- Table 21: BASF SE: Key Employees
- Table 22: PPG Industries, Inc.: key facts
- Table 23: PPG Industries, Inc.: Annual Financial Ratios
- Table 24: PPG Industries, Inc.: Key Employees
- Table 25: PPG Industries, Inc.: Key Employees Continued
- Table 26: PPG Industries, Inc.: Key Employees Continued
- Table 27: Global exchange rate, 2019-23
- List of Figures
- Figure 1: Global paints & coatings market value: $ million, 2018-23
- Figure 2: Global paints & coatings market volume: million Liters, 2018-23
- Figure 3: Global paints & coatings market category segmentation: $ million, 2018-2023
- Figure 4: Global paints & coatings market geography segmentation: % share, by value, 2023
- Figure 5: Global paints & coatings market value forecast: $ million, 2023-28
- Figure 6: Global paints & coatings market volume forecast: million Liters, 2023-28
- Figure 7: Forces driving competition in the global paints & coatings market, 2023
- Figure 8: Drivers of buyer power in the global paints & coatings market, 2023
- Figure 9: Drivers of supplier power in the global paints & coatings market, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the global paints & coatings market, 2023
- Figure 11: Factors influencing the threat of substitutes in the global paints & coatings market, 2023
- Figure 12: Drivers of degree of rivalry in the global paints & coatings market, 2023
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