Global Paints & Coatings Market Forecasts to see 4.5% CAGR to 2025, taking it to 242700 Million US$ by 2025

Global Paints & Coatings Market report analyse the market share, market status, growth rate, current trends, forecasts, market drivers, opportunities & challenges, risk & entry barriers, sales channels & distributors and Porter’s Five Force Analysis.

Pune, India - January 16, 2019 /MarketersMedia/ —

Paint is defined as a paints material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect, decorated or add a specific feature to the surface on which it is deposited.

The paint & coating industry concentration is not high; there are many manufacturers in global and high-end products are mainly from America and Europe. The global paint & coating market will reach about 54346 K MT in 2018 from 43517 K MT in 2013. The average growth rate is about 4.54% during 2013-2018. Paint & coatinging production mainly focuses on China, taking about 39.59% of global market in 2017, followed by the Europe with about 19.10% share. Other regions keep growth rate about 7.77%.The main market players are PPG, AkzoNobel, Henkel, Sherwin-Williams and Valspar.

Due to the impact of raw material prices, prices of paint & coating keep decreasing, although during this period increased slightly, but still cannot change the overall downward trend in prices, the average price from 3338 USD / MT in 2013 reduced to 3291 USD / MT in 2018.

Global Paints & Coatings market size will increase to 242700 Million US$ by 2025, from 178900 Million US$ in 2018, at a CAGR of 4.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Paints & Coatings.

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The objectives of this report are to focus on the key Paints & Coatings companies and study the capacity, production, value, market share and development plans for next few years. This report also analyses global and regions market potential, advantage, opportunities, challenge, restraints and risks. It helps to identify current trends and factors driving or inhibiting the market growth and to find high growth opportunities in the market for stakeholders. Later this report also talks about the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Various companies like Ppg, Akzonobel, Henkel, Sherwin-Williams, Valspar, Rpm International, Axalta, Basf, Kansai Paint, Sika, 3m, Asian Paints, Nippon Paint, Hb Fuller, Masco, Jotun, Hempel, Kcc Corporation, Daw Se, Shawcor, Cromology, Sk Kaken, Carpoly, Taiho Paint, Berger Paints and more are profiled in this report in the terms of capacity, production, value, price, market share, etc. Market has been segmented on the basis of product types and provides the information related to growth rate for each product type, revenue, price, production, revenue forecasts, etc. It has been also segmented by applications which includes growth rate for each application, regional consumption analysis, consumption forecasts, etc.

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Paints & Coatings Production Breakdown Data by Region
• United States
• Europe
• China
• Japan
• Other Regions

Paints & Coatings Consumption Breakdown Data by Region
• North America (United States, Canada, Mexico)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
• Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
• Central & South America (Brazil, Rest of South America)
• Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa)

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Release ID: 471094