Pune, India-- (SBWIRE) -- 07/19/2016 -- Paint is a colored substance which when spread over a surface, gets dried to leave a thin coating, which protects and beautifies it. The production process differs depending on whether it is solvent based or water based. Uses of paint include protection, decoration, art or information as in signboards. The paints and coatings industry consists of manufacturers of paints, varnishes, lacquers, shellacs and stains. 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 appliance and industrial equipment sectors and specialty paints and coatings.

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The global paints & coatings market is characterized by high demand from the architectural paint segment, while the market for protective coatings has been gaining pace. The main driving factor for the market has been the housing and construction boom that the world has been witnessing, particularly in the emerging economies of Asia Pacific region. Rising gross domestic product, growing urbanization and increasing consumption expenditure have bolstered this growth. In recent years, the global paints & coatings market has benefited from low raw material costs and crude oil prices; however their gradual pickup may escalate input costs and pose a challenge for market players.

Company Coverage of Global Paints & Coatings Market: AkzoNobel, PPG Industries, Sherwin Williams & Axalta Coating Systems

The report 'Global Paints & Coatings Market' provides an overview of the entire paints & coatings market by segmenting it into architectural, general industrial, protective & marine, automotive OEM, Refinish, packaging and aerospace. It gives an in-depth analysis of selected segments along with their market value and forecast. Certain trends, growth drivers as well as issues being faced by the industry are discussed in detail in the report along with competition in the market. Recent developments have been analyzed with focus on two regions including India and the United States.

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Major Points from Table of Contents Provided in Global Paints & Coatings Market 2016-2020 Forecasts research report:

1. Introduction
2. Global Paints & Coatings Market
3. Global Paints & Coatings Market Segments
4. The U.S. Paints & Coatings Market
5. Indian Paints Market
6. Market Dynamics
7. Competitive Landscape
8. Company Profiles

Other Related Reports on Paints & Coatings Market:

Paints & Coatings: Global Industry Guide: Global Paints & Coatings industry guide provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The guide also contains descriptions of the leading companies including key financial metrics and analysis of competitive pressures within the market.

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