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Global Paints & Coatings Market

Global Paints & Coatings Market

The global paints and coatings market was valued at USD XX million in 2016. The market is projected to reach USD XX million by 2021, growing at a CAGR of 5.87% during the forecast period 2016-2021

Paints and coatings industry is divided into two sub-sectors namely, industrial and architectural. Architectural coatings include both interior and exterior paints, varnishes, primers, stains and sealers, and their demand is primarily depended on the growth and performance of the construction sector. Industrial coatings include coil coatings, automotive paints, refinishers, furniture finishing and road marking paints, and their demand is linked to the growth and performance of the industrial equipment sectors, automotive industry and appliance industries.

Market Dynamics

The market is driven by number of factors, such as the growing demand from the infrastructure industry in the Asia-Pacific region, growing demand from the automotive industry, and increased awareness towards sustainable products. On the flipside, the fluctuating raw material price, and stern government & environment regulations on chromate-based coating is a major factor impeding the growth of the market.

Market Segmentation

Taking just the application into account, Architecture & Decorative hold the largest share of the Asia-Pacific Paints and Coatings market, with water borne being the largest technology based coatings. In terms of growth, automotive OEM and consumer durables applications would fuel the amount of growth in the demand for Paints and Coatings market in Asia-Pacific region.

The Asia-Pacific region has the highest market share for paints and coatings due to the rapid growth in building & construction and automotive industry. Moreover, the industrial growth in the region is also contributing to the growth of the global paints & coatings market.

Opportunities and Major Players

The increasing applications and usage in electronics due to increasing demand and the recovering construction industry in Europe will give significant opportunity to the global paints and coatings market during the forecast period. Moreover, the development of bio-based products, and introduction of the fluoropolymer coatings in India are expected to offer numerous opportunities for the growth of the global paints and coatings market. Some of the major companies dominating the market are AkzoNobel, Sherwin-William, Valspar, PPG Industries, RPM International, Asian Paints, H.B. Fuller and Nippon Paints among others.

Key Deliverables in the Study

Market analysis for the Global Paints and Coatings market, with country-specific assessments and competition analysis on a regional scale.
Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the Global Paints and Coatings market on regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Insights on the major countries where this industry is growing and identify the regions that are still untapped.

1. Introduction
1.1 Description
1.2 Research Methodology
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Current Market Scenario
3.2 Raw Material Analysis
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness- Porters Five Force Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Growing Demand from Infrastructure Industry in the Asia-Pacific Region
4.1.2 Increased Awareness towards Sustainable Products
4.1.3 Growing Demand from the Automotive Industry
4.1.4 Increased Demand from the Food Packaging Sector
4.1.5 Lower Crude Oil Prices
4.2 Restraints
4.2.1 Slow Growth Rate of Construction Sector in Emerging Economies
4.2.2 Stringent Environment Regulations
4.3 Opportunities
4.3.1 Increasing Applications and Usage in the Electronics Production
4.3.2 Recovering Construction sector in Europe
5. Market Segmentation and Analysis
5.1 By Application
5.1.1 Architectural & Decorative Applications Interior Exterior
5.1.2 Industrial Applications Automotive Wood General Industrial Marine Protective Others
5.2 By Technology
5.2.1 Powder Coatings
5.2.2 Water-Borne Coatings
5.2.3 Solvent-Borne Coatings
5.2.4 Radiation Cure
5.2.5 Others
5.3 By Product Type
5.3.1 Acrylic
5.3.2 Alkyd
5.3.3 Polyurethane
5.3.4 Epoxy
5.3.5 Polyesters
5.3.6 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.1.4 Rest of North America
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 France
6.2.4 Italy
6.2.5 NORDIC Countries
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 ASEAN Countries
6.3.6 Australia & New Zealand
6.3.7 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Columbia
6.4.4 Rest of South America
6.5 Middle-East and Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 UAE
6.5.4 Rest of South America
7. Policies and Regulations
8. Future Market Outlook
9. Competitive Landscape
9.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
9.2 Market Share Analysis
9.3 Strategies Adopted by Leading Players
10. Company Profiles
10.1 AkzoNobel
10.2 PPG
10.3 Henkel
10.4 Sherwin-Williams
10.5 Axalta
10.6 RPM
10.7 Valspar
10.8 BASF
10.9 Kansai
10.10 Sika
10.11 3M
10.12 Nippon Paints
10.13 Asian Paints
10.14 H.B. Fuller
10.15 Jotun
10.16 Masco
10.17 Hempel
10.18 Comex Group
10.19 DAW
10.20 Materis
10.21 Shawcor
10.22 SK Kaken
10.23 Chugoku Marine Paints
10.24 Tikkurila
10.25 DuluxGroup
10.26 KCC
10.27 Beckers
10.28 Dai Nippon Toryo
10.29 Pintuco
10.30 Benjamin Moore
10.31 Berger Paints
10.32 Fujikura Kasai
10.33 Shanghai Coatings
10.34 National Paints
10.35 Carpoly Chemical Group
* List is not exhaustive
11. Disclaimer

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