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Paints and Coatings - Global Market Outlook (2017-2026)

Paints and Coatings - Global Market Outlook (2017-2026)

According to Stratistics MRC, the Global Paints and Coatings Market is accounted for $146.25 billion in 2017 and is expected to reach $272.35 billion by 2026 growing at a CAGR of 7.2% from 2017 to 2026. Rising demand for the rapid pace of industrial development, green environmental regulations, growing number of end-use industries and increasing interest of the global population in architecture are driving the global market. However, factors such as stringent and regulatory policies and environmental challenges are restraining the market growth.

Paints & coatings are composed of either organic or inorganic resins and are the inseparable when it comes to industrial sectors. They are used to impart a glossy and decorative finish to the surface of a product such as metal component, equipment, walls, and others. These coatings are applied on the surface to enhance the durability as well as the performance of the products. They offer excellent adhesion, high corrosion & abrasion resistant, which made them favorable in large application spectrum. Paints & coatings market plays an important role in the chemical industry and represents massive numbers in terms of global production and consumption.

Amongst Resins, Acrylic segment held considerable market share and is expected to grow substantially over the forecast period owing to its excellent stabilization and weathering properties. Acrylic resins are extensively used in water reducible and emulsion resins for manufacturing of coats and varnishes. Its features include weather/UV resistance, optical clarity and excellent dimensional stability. The thermoplastic nature of acrylic is an advantage over epoxy and polyester.

By geography, Asia-Pacific is the largest market for the global market during the forecast period. There is an increase in demand from construction in Asia-Pacific, which is mostly backed by the expansion of the region’s increasing household activities. This increased demand, in turn, drives the market in Asia-Pacific. Presence of some of the fastest-growing economies, such as South Korea, China and India, and increasing demand from construction and automotive industries play a crucial role in driving the market in the this region.

Some of the key players in Paints and Coatings market include Akzonobel N.V., Asian Paints Limited, Axalta Coating System LLC, BASF Coatings GmbH, Beckers Group, Berger Paints India Limited, Diamond Vogel Paints, Dunn-Edwards Corporation, Hempel A/S, Indigo Paints Pvt Ltd, Jotun A/S, Kansai Paints Co., Ltd., Kelly-Moore Paints, Masco Corporation, Nippon Paint Holdings Co., Ltd., PPG Industries, RPM International Inc, S K Kaken Co., Ltd, Sacal International Group Ltd. and Shalimar Paints.

Products Covered:
• High-Solids Paints
• Speciality Coatings
• Solvent-borne Coatings
• Waterborne Paints
• Powder Coatings

Resins Covered:
• Pure Acrylics
• Alkyd
• Acetates
• Vinyl Acrylate
• Styrene Acrylics
• Other Resins

Components Covered:
• One Component
• Two Component

Applications Covered:
• Marine
• Packaging
• Wood Coatings
• Automotive
• Electrical & Electronics
• Energy
• Telecommunication
• Industrial
• Architecture
• Aerospace
• Paper & Paperboard
• Decorative Paints
• Medical
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Paints and Coatings Market, By Product
5.1 Introduction
5.2 High-Solids Paints
5.3 Speciality Coatings
5.4 Solvent-borne Coatings
5.5 Waterborne Paints
5.6 Powder Coatings
6 Global Paints and Coatings Market, By Resin
6.1 Introduction
6.2 Pure Acrylics
6.3 Alkyd
6.4 Acetates
6.5 Vinyl Acrylate
6.6 Styrene Acrylics
6.7 Other Resins
6.7.1 Vinyl Ester
6.7.2 Polyurethane
6.7.3 Acrylic Based
6.7.4 Epoxy Based
6.7.5 Polyester
7 Global Paints and Coatings Market, By Component
7.1 Introduction
7.2 One Component
7.3 Two Component
8 Global Paints and Coatings Market, By Application
8.1 Introduction
8.2 Marine
8.2.1 Boats
8.2.2 Cargo Ships
8.2.3 Container vessels
8.2.4 Containers
8.2.5 Passenger Ships
8.2.6 Shipyards
8.2.7 Yachts
8.2.8 Other Marines
8.3 Packaging
8.4 Wood Coatings
8.5 Automotive
8.5.1 Commercial Vehicles
8.5.1.1 Buses
8.5.1.2 Heavy Duty
8.5.1.3 Medium Duty
8.5.1.4 Rail Cars
8.5.1.5 Trucks
8.5.1.6 Other Commercial Vehicles
8.5.2 Light Vehicles OEM’S
8.5.2.1 Bikes
8.5.2.2 Light Duty Commercial Vehicles
8.5.2.3 Passenger Cars
8.5.2.4 Other Light Vehicles OEM’S
8.5.3 Refinish & Aftermarket
8.5.4 Industrial Vehicles
8.5.5 Other Automotive Applications
8.6 Electrical & Electronics
8.7 Energy
8.8 Telecommunication
8.9 Industrial
8.9.1 Oil & Gas
8.9.2 Textile
8.9.3 Other industrial Applications
8.10 Architecture
8.10.1 Cabinets
8.10.2 Decking
8.10.3 Flooring
8.10.4 Furniture
8.10.5 Siding
8.10.6 Other Architectures
8.11 Aerospace
8.11.1 Commercial Aviation
8.11.2 General Aviation
8.11.3 Military Aviation
8.11.4 Other Aerospaces
8.12 Paper & Paperboard
8.12.1 Film & Foil Finishes
8.12.2 Metal Container and Closure Finishes
8.12.3 Other Paper & Paperboards
8.13 Decorative Paints
8.13.1 Residential Construction
8.13.1.1 New Construction
8.13.1.2 Reconstruction
8.13.2 Non Residential Construction
8.13.2.1 Architectural
8.13.2.2 Commercial
8.13.2.3 Other Non Residential Constructions
8.14 Medical
8.14.1 Cardiovascular Implants
8.14.2 Dental Implants
8.14.3 Orthopedic Implants
8.14.4 Other Medicals
8.15 Other Applications
9 Global Paints and Coatings Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Akzonobel N.V.
11.2 Asian Paints Limited
11.3 Axalta Coating System LLC
11.4 BASF Coatings GmbH
11.5 Beckers Group
11.6 Berger Paints India Limited
11.7 Diamond Vogel Paints
11.8 Dunn-Edwards Corporation
11.9 Hempel A/S
11.10 Indigo Paints Pvt Ltd
11.11 Jotun A/S
11.12 Kansai Paints Co., Ltd.
11.13 Kelly-Moore Paints
11.14 Masco Corporation
11.15 Nippon Paint Holdings Co., Ltd.
11.16 PPG Industries
11.17 RPM International Inc
11.18 S K Kaken Co., Ltd
11.19 Sacal International Group Ltd.
11.20 Shalimar Paints
List of Tables
Table 1 Global Paints and Coatings Market Outlook, By Region (2016-2026) (US $MN)
Table 2 Global Paints and Coatings Market Outlook, By Product (2016-2026) (US $MN)
Table 3 Global Paints and Coatings Market Outlook, By High-Solids Paints (2016-2026) (US $MN)
Table 4 Global Paints and Coatings Market Outlook, By Speciality Coatings (2016-2026) (US $MN)
Table 5 Global Paints and Coatings Market Outlook, By Solvent-borne Coatings (2016-2026) (US $MN)
Table 6 Global Paints and Coatings Market Outlook, By Waterborne Paints (2016-2026) (US $MN)
Table 7 Global Paints and Coatings Market Outlook, By Powder Coatings (2016-2026) (US $MN)
Table 8 Global Paints and Coatings Market Outlook, By Resin (2016-2026) (US $MN)
Table 9 Global Paints and Coatings Market Outlook, By Pure Acrylics (2016-2026) (US $MN)
Table 10 Global Paints and Coatings Market Outlook, By Alkyd (2016-2026) (US $MN)
Table 11 Global Paints and Coatings Market Outlook, By Acetates (2016-2026) (US $MN)
Table 12 Global Paints and Coatings Market Outlook, By Vinyl Acrylate (2016-2026) (US $MN)
Table 13 Global Paints and Coatings Market Outlook, By Styrene Acrylics (2016-2026) (US $MN)
Table 14 Global Paints and Coatings Market Outlook, By Other Resins (2016-2026) (US $MN)
Table 15 Global Paints and Coatings Market Outlook, By Vinyl Ester (2016-2026) (US $MN)
Table 16 Global Paints and Coatings Market Outlook, By Polyurethane (2016-2026) (US $MN)
Table 17 Global Paints and Coatings Market Outlook, By Acrylic Based (2016-2026) (US $MN)
Table 18 Global Paints and Coatings Market Outlook, By Epoxy Based (2016-2026) (US $MN)
Table 19 Global Paints and Coatings Market Outlook, By Polyester (2016-2026) (US $MN)
Table 20 Global Paints and Coatings Market Outlook, By Component (2016-2026) (US $MN)
Table 21 Global Paints and Coatings Market Outlook, By One Component (2016-2026) (US $MN)
Table 22 Global Paints and Coatings Market Outlook, By Two Component (2016-2026) (US $MN)
Table 23 Global Paints and Coatings Market Outlook, By Application (2016-2026) (US $MN)
Table 24 Global Paints and Coatings Market Outlook, By Marine (2016-2026) (US $MN)
Table 25 Global Paints and Coatings Market Outlook, By Boats (2016-2026) (US $MN)
Table 26 Global Paints and Coatings Market Outlook, By Cargo Ships (2016-2026) (US $MN)
Table 27 Global Paints and Coatings Market Outlook, By Container vessels (2016-2026) (US $MN)
Table 28 Global Paints and Coatings Market Outlook, By Containers (2016-2026) (US $MN)
Table 29 Global Paints and Coatings Market Outlook, By Passenger Ships (2016-2026) (US $MN)
Table 30 Global Paints and Coatings Market Outlook, By Shipyards (2016-2026) (US $MN)
Table 31 Global Paints and Coatings Market Outlook, By Yachts (2016-2026) (US $MN)
Table 32 Global Paints and Coatings Market Outlook, By Other Marines (2016-2026) (US $MN)
Table 33 Global Paints and Coatings Market Outlook, By Packaging (2016-2026) (US $MN)
Table 34 Global Paints and Coatings Market Outlook, By Wood Coatings (2016-2026) (US $MN)
Table 35 Global Paints and Coatings Market Outlook, By Automotive (2016-2026) (US $MN)
Table 36 Global Paints and Coatings Market Outlook, By Commercial Vehicles (2016-2026) (US $MN)
Table 37 Global Paints and Coatings Market Outlook, By Light Vehicles OEM’S (2016-2026) (US $MN)
Table 38 Global Paints and Coatings Market Outlook, By Refinish & Aftermarket (2016-2026) (US $MN)
Table 39 Global Paints and Coatings Market Outlook, By Industrial Vehicles (2016-2026) (US $MN)
Table 40 Global Paints and Coatings Market Outlook, By Other Automotive Applications (2016-2026) (US $MN)
Table 41 Global Paints and Coatings Market Outlook, By Electrical & Electronics (2016-2026) (US $MN)
Table 42 Global Paints and Coatings Market Outlook, By Energy (2016-2026) (US $MN)
Table 43 Global Paints and Coatings Market Outlook, By Telecommunication (2016-2026) (US $MN)
Table 44 Global Paints and Coatings Market Outlook, By Industrial (2016-2026) (US $MN)
Table 45 Global Paints and Coatings Market Outlook, By Oil & Gas (2016-2026) (US $MN)
Table 46 Global Paints and Coatings Market Outlook, By Textile (2016-2026) (US $MN)
Table 47 Global Paints and Coatings Market Outlook, By Other industrial Applications (2016-2026) (US $MN)
Table 48 Global Paints and Coatings Market Outlook, By Architecture (2016-2026) (US $MN)
Table 49 Global Paints and Coatings Market Outlook, By Cabinets (2016-2026) (US $MN)
Table 50 Global Paints and Coatings Market Outlook, By Decking (2016-2026) (US $MN)
Table 51 Global Paints and Coatings Market Outlook, By Flooring (2016-2026) (US $MN)
Table 52 Global Paints and Coatings Market Outlook, By Furniture (2016-2026) (US $MN)
Table 53 Global Paints and Coatings Market Outlook, By Siding (2016-2026) (US $MN)
Table 54 Global Paints and Coatings Market Outlook, By Other Architectures (2016-2026) (US $MN)
Table 55 Global Paints and Coatings Market Outlook, By Aerospace (2016-2026) (US $MN)
Table 56 Global Paints and Coatings Market Outlook, By Commercial Aviation (2016-2026) (US $MN)
Table 57 Global Paints and Coatings Market Outlook, By General Aviation (2016-2026) (US $MN)
Table 58 Global Paints and Coatings Market Outlook, By Military Aviation (2016-2026) (US $MN)
Table 59 Global Paints and Coatings Market Outlook, By Other Aerospaces (2016-2026) (US $MN)
Table 60 Global Paints and Coatings Market Outlook, By Paper & Paperboard (2016-2026) (US $MN)
Table 61 Global Paints and Coatings Market Outlook, By Film & Foil Finishes (2016-2026) (US $MN)
Table 62 Global Paints and Coatings Market Outlook, By Metal Container and Closure Finishes (2016-2026) (US $MN)
Table 63 Global Paints and Coatings Market Outlook, By Other Paper & Paperboards (2016-2026) (US $MN)
Table 64 Global Paints and Coatings Market Outlook, By Decorative Paints (2016-2026) (US $MN)
Table 65 Global Paints and Coatings Market Outlook, By Residential Construction (2016-2026) (US $MN)
Table 66 Global Paints and Coatings Market Outlook, By Non Residential Construction (2016-2026) (US $MN)
Table 67 Global Paints and Coatings Market Outlook, By Medical (2016-2026) (US $MN)
Table 68 Global Paints and Coatings Market Outlook, By Cardiovascular Implants (2016-2026) (US $MN)
Table 69 Global Paints and Coatings Market Outlook, By Dental Implants (2016-2026) (US $MN)
Table 70 Global Paints and Coatings Market Outlook, By Orthopedic Implants (2016-2026) (US $MN)
Table 71 Global Paints and Coatings Market Outlook, By Other Medicals (2016-2026) (US $MN)
Table 72 Global Paints and Coatings Market Outlook, By Other Applicartions (2016-2026) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.

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