Global Waterbased Coatings Market: Implementation of Stringent Government Regulations Concerning VOC Contents to Influence Demand, Says TMR
In the global water-based coatings market, PPG industries, Akzo Nobel, and Sherwin Williams are the main competitors. In 2015, these three players together held a share of more than 55% in the overall market. Mergers and acquisitions has been the most preferred strategy among the leading participants for the development of their businesses. TMR expect the trend to continue over the next few years, intensifying the competition.
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