Paint And Coatings Industry Market Research

Market analysis and insights.

Paint and coatings industry market research.

This report covers the scope size disposition and growth of the industry including the key sensitivities and success factors. 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. This report includes updated 2020 2021 and 5 year forecasts due to the economic impact of covid 19. Global decorative paint and coatings market.

Paints and coatings offer two primary functions i e. Paint and coating manufacturing 2020 u s. The industry in the united states with over 100 data sets covering 2011 2024. 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.

Sep 15 2020 usd 295. Coatings refer broadly to any type of covering that is applied to an object s surface for functional. Also included are five. Industry market research report with covid 19 forecasts.

Transparency market research the global coating resins market is forecasted to witness steady growth with a 5 27 cagr from 2018 to 2026. The global paint and coatings industry is a major subset of the international chemical industry. In 2017 the market was around 33 15 billion in terms of value according to a recent report published by trans. Paint and coatings manufacturing in australia industry market research report.

They are utilized to decorate and protect new constructions and maintain existing structures including residential houses and apartments buildings plants and factories. The global market for paints and coatings was valued at 111 2 billion in 2012 and should reach 116 9 billion in 2013. 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. The market is expected to witness significant growth in emerging economies such as india china and indonesia.

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. An overview of the global market for paints and coatings. Paints and coatings market overview. Companies that manufacture inks and toners are also included in the industry.

The market is expected to be driven by the increasing product consumption in the construction automotive and general industries application sectors. Coating resins market to expand at 5 27 cagr from 2018 2026.