Paints and Coatings Market Size, Share & Industry Analysis, By Resin (Epoxy, Acrylic, Polyester, Alkyd, PU, and Others), By Technology (Waterborne, Solvent Borne, Powder Coating, and Others) By Application (Architectural, Automotive OEM, Marine, Coil, General Industries, Protective Coatings, Automotive Refinish, Industrial Wood, and Others), and Regional Forecast, 2020 -2029 (Includes COVID-19 Business Impact)

                                          
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This report focuses on the Paints and Coatings market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Paints and Coatings market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Paints and Coatings Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Paints and Coatings Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Paints and Coatings Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Key Market Players Are Expected to Strengthen the Market Position by Offering Paints & Coatings to the Construction and Automotive Industries

The major producers of paints & coatings are present in Asia Pacific. Some of the key market players for paints & coatings market are PPG Industries, Inc., Axalta Coating Systems, Nippon and Kansai (Kansai Paint Co., Ltd.), and AkzoNobel. PPG Industries, Inc. are major global manufacturers and supplier of paints, coatings, and specialty materials. The company has 156 manufacturing sites in more than 52 countries. On the other hand, Axalta Coating Systems develops and manufactures coatings for industrial, light and commercial vehicles, and refinish applications. The company has 46 manufacturing sites within 130 countries, also they have adopted acquisition strategy to increase its presence in various regions. Similarly, other key players in the market have developed strong regional presence, distribution channels, and product offerings.

List of Key Companies Covered

  
PPG Industries, Inc.
  
Axalta Coating Systems
  
Nippon and Kansai (Kansai Paint Co.,Ltd. )
  
AkzoNobel
  
Kwality Paints and coatings Pvt. Ltd. (KPCPL)
  
Kansai Nerolac Paints Limited
  
NIPSEA GROUP
  
The Sherwin-Williams Company
  
Jotun
  
Nippon Paint Holdings Co., Ltd.
  
RPM International Inc.
  
TIKKURILA OYJ
  
S K Kaken Co., Ltd
  
Dunn-Edwards Corporation

REPORT COVERAGE

A growing trend is observed in the penetration of the paints & coatings market across various industries such as construction, automotive, coil, wood, and others.

An Infographic Representation of Paints and Coatings Market

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The report provides qualitative and quantitative insights on the paints & coatings market and detailed analysis of market size & growth rate for all possible segments in the market. The paints & coatings market is segmented by resin, technology, application, and geography. Based on the resin, the market is classified into epoxy, acrylic, polyester, alkyd, PU, and others. By technology, waterborne, solvent borne, powder coating, and others. By application, the paints & coatings market is divided into architectural, automotive OEM, marine, coil, general industrial, protective coating, automotive refinish, industrial wood, and others. Geographically, the global paints & coatings market has been analyzed across five major regions, which are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. These regions are further categorized into countries.
Along with this, the report provides an elaborative analysis of the global paints & coatings market dynamics and competitive landscape. Various key insights presented in the report are the price trend analysis, recent industry developments in the global paints & coatings market, the regulatory scenario in crucial countries, macro, and microeconomic factors, SWOT analysis, and key industry trends, competitive landscape and company profiles.

Report Scope & Segmentation

 

Segmentation

By Resin

  
Epoxy
  
Acrylic
  
Polyester
  
Alkyd
  
PU
  
Others

By Technology

  
Waterborne
  
Solvent Borne
  
Powder Coating
  
Others

By Application

  
Architecture
  
Automotive OEM
  
Marine
  
Coil
  
General Industrial
  
Protective Coatings
  
Automotive Refinish
  
Industrial Wood
  
Others

By Geography

  
North America (U.S., and Canada)
  
Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe)
  
Asia Pacific (China, India, Japan, South Korea, Indonesia, and Rest of Asia Pacific)
  
Latin America (Brazil, Mexico, and Rest of Latin America)
  
Middle East & Africa (Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa)

Key Industry Developments

In October 2019, Berger paints acquired the construction materials maker STP Ltd. through this acquisition will enhancement its businesses concerning selling, manufacturing, and distribution.

In July 2019 -Axalta broadcasted the expansion of landshut and montbrison plants to create a second production facility for bonded metallic powder coatings. The new equipment will have efficiency, faster turns and the ability to produce small batches having high UV stability and durability.

In April 2019, PPG acquired Hemmelrath Lackfabrik GmbH, manufacturer of automotive coating. The acquisition will enhance PPGs automotive coatings offering, and add formulating and manufacturing solutions by adding newer products to its present portfolio.
February 2018, AkzoNobel inaugurated a new ‚¬9 million facility for the production of powder coatings to further strengthen the manufacturing footprint in the country.