Report Highlights
The global market for paints and coatings reached $129 billion in 2015. This market is expected to grow from nearly $132.2 billion in 2016 to $164.1 billion in 2021 at a compound annual growth rate of 4.4% from 2016-2021.
Report Includes
- An overview of the global market for paints and coatings, related technologies, and coating products, such as solvent-borne formulations, varnishes, enamels, lacquers and water-based systems
- Analyses of global market trends, with data for 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- A look at the increased demand for coatings driven by customers’ expectations in diverse areas such as performance, ease of application, sustainability, quality, functionality and environmental properties
- Identifications of new market opportunities and targeted promotional plans for paints and coatings
- Discussion of research and development, and the demand for new products and new applications
- Details covering new developments taking place in the industry with respect to continuous improvements in environmental performance
- Examination of the role paints and coatings play in providing color and protection
- Profiles of major players in the industry
Report Scope
The report has been prepared in a simple format that can be easily understood with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.
Analyst Credentials
Srinivasa Rajaram is a mechanical engineer with more than 40 years of experience in designing factory layouts and setting up factories. He has set up factories for the production of weighing and dynamic balancing machines in India and has experience in designing, producing, and servicing that equipment. He was senior vice president at M/S Schenck Avery Ltd., an Indo-German joint venture, and has set up an automatic paint shop for painting various components of weighing and dynamic balancing equipment.
Report Highlights
The global paints and coatings market is expected to reach $127.0 billion by the end of 2015 and further increase to $155.6 billion by 2020, a compound annual growth rate (CAGR) of 4.1% over the five-year period of 2015 through 2020.
Report Includes
- An overview of the global market for paints and coatings and related technologies.
- Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- Identifications of new market opportunities and targeted promotional plans for paints and coatings.
- Discussion of research and development, and the demand for new products and new applications.
- Examination of the role of paints and coatings play in providing color and protection.
- Comprehensive company profiles of major players in the industry.
Report Highlights
The global market for paints and coatings was valued at $111.2 billion in 2012 and should reach $116.9 billion in 2013. Total market valued is expected to reach $141 billion in 2018 after increasing at a five-year compound annual growth rate of 3.8% from 2013 to 2018.
Report Includes
- An overview of the global market for paints and coatings.
- Analyses of global market trends, with data from 2011 and 2012, estimates for 2013, and projections of CAGRs through 2018.
- Identifications of new market opportunities and targeted promotional plans for paints and coatings.
- Discussion of research and development, and the demand for new products and new applications.
- Examination of the role of paints and coatings in providing color and protection.
- Comprehensive company profiles of major players in the industry.
Report Highlights
The global paints and coatings market reached an estimated $99.7 billion by the end of 2010. This global market figure is expected to increase with a modest compound annual growth rate (CAGR) of 3.2% for the 5-year period of 2010 to 2015 and reach $116.6 billion by the end of 2015.
Report Highlights
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The global market for paints and coatings increased from $88.3 billion in 2006 to an estimated $91.2 billion in 2007. It should reach $102.8 billion by 2012, a compound annual growth rate (CAGR) of 2.4%.
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Much of the growth over the past 5 years has been driven by increasing demand in developing markets, especially China, Thailand, Indonesia, India and Taiwan, along with Eastern Europe, comprising Russia, Hungary and the Baltic States.
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In the application sector, automotive coatings are recording strong growth due to increased car ownership at the global level, especially in Asia Pacific and Eastern Europe.
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