Pune, Maharashtra -- (SBWIRE) -- 08/28/2018 -- Global Paints & Coatings Market: Industry Analysis & Outlook (2018-2022) analyses the development of this market, with focus on North America, Latin America and Asia Pacific markets. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report.
The four major players: PPG Industries Inc., Sherwin-Williams, AkzoNobel and Axalta Coating Systems are being profiled along with their key financials and strategies for growth.
These major players have adopted various organic as well as inorganic growth strategies such as mergers and acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Essential points covered in Global Paints & Coatings Market 2018 Research are:-
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the Global Paints & Coatings market?
- What are the key market trends impacting the growth of the Global Paints & Coatings market?
- What are the challenges to market growth?
- Who are the key vendors in the Global Paints & Coatings market?
- What are the market opportunities and threats faced by the vendors in the Global Paints & Coatings market?
- What are the key outcomes of the five forces analysis of the Global Paints & Coatings market?
This independent 87 pages report guarantees you will remain better informed than your competition. With over 60 tables and figures examining the Paints & Coatings market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2022.
Furthermore, the report provides a detailed analysis of the Global Paints & Coatings market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.
Paint is a colored ingredient which is spread over a surface and then dries to leave a thin decorative or protective coating. It is used to describe a number of substances that consist of a pigment suspended in a liquid or paste form such as oil or water. With a brush, a roller, or a spray gun, paint is applied in a thin coat to various surfaces such as wood, metal, or stone. Although, the primary purpose of paint is to protect the surface to which it is applied, it also provides decoration. Today, paints are used for interior and exterior building painting, automobiles, planes, appliances, furniture, and many other places where protection and appeal are desired.
The market can be divided into three broad segments, namely architectural segment that depends heavily on the performance of the building & construction sector, industrial paints and coatings segment that is closely related to the automotive, major appliances and industrial equipment sectors and specialty paints and coatings which includes a wide array of divergent coatings such as automotive refinish coatings, industrial maintenance coatings, traffic marking paints and marine paints.
The global paints and coatings market is set to experience favorable growth driven by factors such as increasing construction spending, rapid urbanization, increasing household consumption expenditure and accelerating economic growth. The major trends observed in this market include increasing preference for professional contractors, technological advancements and increasing consolidation of market players. However, the growth of this market is constrained by challenges such as increasing raw material prices and stringent environmental regulations.
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Then, the report focuses on US major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What's more, the Paints & Coatings industry development trends and marketing channels are analyzed.
The research includes historic data from 2013 to 2017 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Paints & Coatings on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Paints & Coatings Market and assist manufacturers and investment organization to better grasp the development course of Paints & Coatings Market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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