Paint And Coatings Industry Market Research

This report includes updated 2020 2021 and 5 year forecasts due to the economic impact of covid 19.

Paint and coatings industry market research.

Total market valued is expected to reach 141 billion in 2018 after increasing at a five year compound annual growth rate of 3 8 from 2013 to 2018. An overview of the global market for paints and coatings. Sep 15 2020 usd 295. Paint and coatings manufacturing in australia industry market research report.

Paints and coatings offer two primary functions i e. The market is expected to witness significant growth in emerging economies such as india china and indonesia. Decorative paint and coatings market is expected to reach usd 161 2 billion by 2027 growing at a growth rate of 5 80 in the forecast period 2020 to 2027. Also included are five.

Companies that manufacture inks and toners are also included in the industry. Global decorative paint and coatings market. In 2017 the market was around 33 15 billion in terms of value according to a recent report published by trans. This report covers the scope size disposition and growth of the industry including the key sensitivities and success factors.

Market analysis and insights. Global market analysis for the paint coatings industry 2019 2024 the global market analysis for the paint coatings industry 2018 2023 provides a comprehensive view of the global paint and coatings industry addressing topics of relevance to coatings manufacturers end users raw materials suppliers and others interested in the industry. The global paint and coatings industry is a major subset of the international chemical industry. The global paints and coatings market size is anticipated to reach usd 202 7 billion by 2027 according to a new report by grand view research inc registering a cagr of 4 3 over the forecast period.

Growth in automotive industry and increase in the industrialization is the factor for the decorative paint and coatings market in the forecast period of 2020 to 2027. The industry in the united states with over 100 data sets covering 2011 2024. Jan 31 2019 usd 2 263. Industry market research report with covid 19 forecasts.

The global market for paints and coatings was valued at 111 2 billion in 2012 and should reach 116 9 billion in 2013. They are utilized to decorate and protect new constructions and maintain existing structures including residential houses and apartments buildings plants and factories. Coating resins market to expand at 5 27 cagr from 2018 2026. The global paints and coatings market size was valued at usd 146 2 billion in 2019 and is expected to grow at a compound annual growth rate cagr of 4 3 from 2020 to 2027.

Coatings refer broadly to any type of covering that is applied to an object s surface for functional. The market is expected to be driven by the increasing product consumption in the construction automotive and general industries application sectors.