Paints and Coatings Market 2015 industry outlook, review, research, trends and forecast 2019
Deerfield Beach, FL -- (SBWIRE) -- 10/29/2015 -- The Report "Global Paints and Coatings Market Outlook (2015-2022)" has been prepared on the basis of an in-depth Paints and Coatings Market analysis with inputs from team of industry experts. The Global Paints and Coatings Market accounted for $128.5 billion in 2015 and is expected to reach $196.2 billion by 2022 growing at a CAGR of 5.4% between 2014 and 2022. It Includes Paints and Coatings Market growth prospects along with market landscape in upcoming years. The report also covers discussion on the key vendors operating in the Paints and Coatings Market Space.
The factors that are influencing the market growth are huge demand in the construction industry, due to increase in civil construction activities globally, as a result of increased urbanization and healthy economic conditions. The growth in the market is due to advancements in technology and emergence of new manufacturing technologies. The challenging factor for the market is lack of product differentiation in the market.
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Paints and Coatings Market 2015 Global Trends, Market Size, Share, Price, Segmentation, Research Report and Forecast 2015-2020.
Paints and Coatings Market is segmented by type, by technology, by product and by geography. Depending on the various types, market is segmented into Architectural/Decorative Coatings, Industrial OEM Coatings and Special Purpose Coatings. Based on technology, market is classified as Packaging Coatings, Protective Coatings, Powder Coatings, Transportation Refinishes and Wood Finishes. Based on product, market is categorized into High-Solids Paints, Radiation-Curable Coatings, Solvent-borne Coatings and Waterborne Paints. Based on geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. The Asia-Pacific region is the fastest growing segment of the global paints and coatings market. Significant mergers and acquisitions, collaborations, and joint ventures are the industry trends that are playing a major role for the market growth.
The key players in the Paints and Coatings Market include Asian Paints Limited, Axalta Coating Systems, BASF Coatings GmbH, Chugoku Marine Paints, Ltd., Hempel A/S, Kansai Paint Co., Ltd., Nippon Paint Co., Ltd., PPG Industries, Inc., Sherwin-Williams Company and Valspar Corporation.
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The report Paints and Coatings Market Industry provides a comprehensive analysis of the Paints and Coatings Market.This report also includes detailed segmentation of the Paints and Coatings Market. The leading sector, emerging sectors, along with their growth statistics have been mentioned in the report.
After a deep overview of the Paints and Coatings Market, the report analyzes the market dynamics. This report also include the top drivers supporting market growth as well as the key restraints hampering market growth.
Additionally, the report also states the threats ass well as opportunities that companies in the market need to look out for. The most influential trends that will shape the market during the forecasting horizon are also covered in this report. Current market development trends like a partnerships, collaborations, M&As etc., have also been discussed in detail in the report.
Players in the Paints and Coatings Market are aiming to expand their operations to emerging regions. An in-depth supply chain analysis in the report will give readers a better understanding of the Paints and Coatings Market.
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