Data Bridge Market Research

Global Paints & Coatings Market: Entry of New and Enthusiastic Players in the Market Would Bring New Challenges in the Market

The global paints & coatings market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

 

Pune, India -- (SBWIRE) -- 03/20/2018 -- Global Paints & Coatings Market accounted for USD 152.0 billion in 2016 and is projected to grow at a CAGR of 5.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Paints & coatings Market, By Resin Type (Polyurethanes, Acrylic, Polyesters, Epoxy, Alkyd, Others); By Technology (Water Based, Solvent Based, High Solids, Powder, Others), By Application (Architectural, Industrial) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

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Major Market Competitors:

Some of the major players in the paints & coatings market include Akzonobel N.V., PPG Industries, Sherwin-Williams Company, Axalta Coating System LLC, Jotun A/S, Nippon, Paint Holdings Co., Ltd., Asian Paints Limited, Kansai Paints Co., Ltd., RPM International Inc., Valspar Corporation, Tikkurila OYJ, Hempel A/S, Berger Paints India Limited, Shalimar Paints, S K Kaken Co., Ltd, Masco Corporation, Beckers Group, Dunn-Edwards Corporation, Tiger Coatings GmbH & Co. Kg, Sacal International Group Ltd., Diamond Vogel Paints, Vista Paints Corporation, Indigo Paints Pvt. Ltd, Kelly-Moore Paints, BASF Coatings GmbH and many more.

Competitive Landscape:

The global paints & coatings market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Paints & coatings helps to prevent corrosion of the material. Generally, for short period of 1-5 years single packs materials such as emulsions, alkyds, acrylics are used, for the period of 5-10 years two component materials such as polyurethanes, zinc-rich primers, epoxies, glass flakes and FRP(Fiberglass Reinforced Plastics). High tech coatings consist of cationic electrocoating materials that cover all the complex metals part from corrosion.

Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

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