Paints and Coatings Market Study by Price, Revenue and Gross Margin Analysis by 2025

Posted on 2021-11-24 by researchinsights in Chemicals // 0 Comments

San Jose, California , USA, Nov 24, 2021 — /EPR Network/ —

The Paints and Coatings Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.

Market Insights

The global paints and coatings market is expected to cross USD 227.70 billion by 2025. Paints and coatings enable better products that are durable, much attractive, reliable, and highly saleable. Paints and coatings are looked upon as the materials that add value to the finished products. The paints and coatings serve three major objectives; enabling aesthetic appeal or decorative value to surfaces and products, enabling protection from damage from harsh environment, and tagging specific attributes to the product. Besides, paints and coatings constitute a specific material and design with significant texture variables.

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Paints and coatings industry is driven by factors such as rise in use of paint and coating in automotive, construction, and marine industries. In addition, rise in innovation in manufacturing processes and derivation of formulation technologies propel the market growth. The market witnesses remarkable trends such as inception of nanotechnology in the paints and coating industry. However, increase in use of substitutes, wallpapers, and significant costs associated with paint related activities is likely to hamper the market growth in the near future.

Paints & Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

High solids/radiation curing
Powder coatings
Waterborne coatings
Solvent-borne coatings
Others

Paints & Coatings Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

Acrylic
Alkyd
Polyurethane
Epoxy
Polyesters
Others

Paints & Coatings Application Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

Architectural & Decorative
Non-architectural
Automotive
Wood
General Industrial
Marine
Protective
Others

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Top Players analysis covered in these report

PPG Industries
AkzoNobel
Sherwin-Williams Company
Axalta Coating System
Valspar Corporation
Nippon Paint Holdings and many others

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