ResearchMoz presents professional and in-depth study of "Paints and Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026".
Rapid advances in production technologies have paved the way to new chemistries in the Paints and Coatings market. Growing diversity of demand for various product types in end-use applications is propelling new opportunities. Competitive dynamics of the Paints and Coatings market are increasingly shaped by emerging regulatory frameworks in developing and developed markets. New applications in the market will spur production volumes. Key chemical producers are expected to strengthen their production capacities to meet the rising demand across various geographies. To this end, numerous players in the Paints and Coatings market are also expected to enter into collaborations and partnership deals. End-use industries have benefitted from advances made in materials science in recent years. Manufacturers are expected to focus on pricing strategies to keep the demand lucrative in the coming years.
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Paints & coatings are substances that are applied on a substrate to decorate and protect the surface. Paints and coatings are widely employed for decorative purposes. When used for decorative purposes, they improve durability and esthetic appeal of the surface. They provide protection to the surface from factors such as environmental conditions, weathering, rust, and chemical resistance.
The paints & coatings market is driven by increasing demand for paints & coatings from several end-use industries such as automotive, construction, marine, aerospace, protective, transportation, wood coatings, and packaging. Expansion of the paints & coatings market can also be attributed to the increase in investments by key players to launch of efficient and cost-effective products, expansion, and merger & acquisition.
The paints & coatings market has been segmented based on resin type, technology, application, and region. In terms of resin type, the market has been segregated into acrylic, polyurethanes, polyesters, epoxy, alkyd, and other resins, which include silicone, polyvinyl acetate (PVA), and vinyl ester. The acrylic resin segment dominated the paints & coatings market in 2017 due to the growing use of acrylic resins in many applications such as automotive, roof coating, wall coating, and construction.
Based on technology, the paints & coatings market has been classified into water-based, solvent-based, high solid, power, and others, which include UV-curing technology. The water-based segment dominated the global paints & coatings market, in terms of volume. Water-based paints & coatings find application in, fly ash hoppers, plastic pellet hoppers, the automotive industry to coat coal cars interiors, and the architectural sector, as they offer advantages such as less flammability, low VOC emissions, and stable viscosity during printing. In addition to low toxicity, their high water content makes water-based coatings less flammable and hazardous to the environment.
In terms of application, the paints & coatings market has been divided into automotive & transportation, aerospace, building & construction, packaging, health care & medical devices, marine, electrical & electronics, and other such as wood working. The building & construction industry is projected to grow in the next few years due to the rise in urbanization and population globally. Urbanization and changing lifestyles are expected to drive the global construction industry in the next few years. Growing population and improving economic conditions increase expenditure on housing and infrastructure developments across the globe.
Based on region, the global paints & coatings market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a leading consumer of paints & coatings in the world. The market in region is likely to expand at a rapid pace in the next few years. Rise in consumption of paints & coatings in Asia Pacific is attributed to the increase in the number of building & construction and improvements in the industrial infrastructure in the region. Europe and North America account for large share of the global paints & coatings market. Expansion of the market in these regions is likely to slow down due to the sluggish expansion of the end-use industries.
The report analyzes and forecasts the paints & coatings market at global and regional levels. The market has been forecast in terms of volume (kilo tons) and revenue (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the global paints & coatings market. It also covers the expected impact of these drivers and restraints on the demand for paints & coatings during the forecast period. The report also highlights growth opportunities for the paints & coatings market at the global and regional levels.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global paints & coatings market. The Porter’s Five Forces model for the paints & coatings market has also been included to help understand the competition landscape. The study encompasses market attractiveness analysis, wherein segments have been benchmarked by resin, technology, and application based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global paints & coatings market by segmenting it in terms of base resin, technology, application, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes current and future demand for paints & coatings in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers segmentation based on individual by resin, technology, and application of the market in all regions.
The study includes profiles of major companies operating in the global paints & coatings market. The paints & coatings market is dominated by large players. Key players operating in the market include The Sherwin-Williams Company, BASF SE, Axalta Coating Systems, PPG Industries, Valspar,, Akzo Nobel N.V, Nippon Paint Holdings, KCC Corporation, and Jotun A/S.
The report provides the estimated market size of the global paints & coatings market for 2017 and forecast for the next nine years. The size of the global paints & coatings market has been provided in terms of volume and revenue. Market numbers have been estimated based on resin, technology, application, and region. The market size and forecast for each resin, technology, and application segment has been provided for the global and regional markets.
Global Paints & Coatings Market, by Resin
Acrylic
Polyurethanes
Polyesters
Epoxy
Alkyd
Others (including Silicone, Polyvinyl Acetate (PVA), Polyester, and Fluropolymer)
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Global Paints & Coatings Market, by Technology
Water-based
Solvent-based
High Solid
Powder
Others (including UV-cure and moisture cure)
Global Paints & Coatings Market, by Application
Automotive & Transportation
Aerospace
Building & Construction
Packaging
Health Care & Medical Devices
Marine
Electrical & Electronics
Others (including Wood Working)
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
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Rapid advances in production technologies have paved the way to new chemistries in the Paints and Coatings market. Growing diversity of demand for various product types in end-use applications is propelling new opportunities. Competitive dynamics of the Paints and Coatings market are increasingly shaped by emerging regulatory frameworks in developing and developed markets. New applications in the market will spur production volumes. Key chemical producers are expected to strengthen their production capacities to meet the rising demand across various geographies. To this end, numerous players in the Paints and Coatings market are also expected to enter into collaborations and partnership deals. End-use industries have benefitted from advances made in materials science in recent years. Manufacturers are expected to focus on pricing strategies to keep the demand lucrative in the coming years.
Get Free PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=2236013
Paints & coatings are substances that are applied on a substrate to decorate and protect the surface. Paints and coatings are widely employed for decorative purposes. When used for decorative purposes, they improve durability and esthetic appeal of the surface. They provide protection to the surface from factors such as environmental conditions, weathering, rust, and chemical resistance.
The paints & coatings market is driven by increasing demand for paints & coatings from several end-use industries such as automotive, construction, marine, aerospace, protective, transportation, wood coatings, and packaging. Expansion of the paints & coatings market can also be attributed to the increase in investments by key players to launch of efficient and cost-effective products, expansion, and merger & acquisition.
The paints & coatings market has been segmented based on resin type, technology, application, and region. In terms of resin type, the market has been segregated into acrylic, polyurethanes, polyesters, epoxy, alkyd, and other resins, which include silicone, polyvinyl acetate (PVA), and vinyl ester. The acrylic resin segment dominated the paints & coatings market in 2017 due to the growing use of acrylic resins in many applications such as automotive, roof coating, wall coating, and construction.
Based on technology, the paints & coatings market has been classified into water-based, solvent-based, high solid, power, and others, which include UV-curing technology. The water-based segment dominated the global paints & coatings market, in terms of volume. Water-based paints & coatings find application in, fly ash hoppers, plastic pellet hoppers, the automotive industry to coat coal cars interiors, and the architectural sector, as they offer advantages such as less flammability, low VOC emissions, and stable viscosity during printing. In addition to low toxicity, their high water content makes water-based coatings less flammable and hazardous to the environment.
In terms of application, the paints & coatings market has been divided into automotive & transportation, aerospace, building & construction, packaging, health care & medical devices, marine, electrical & electronics, and other such as wood working. The building & construction industry is projected to grow in the next few years due to the rise in urbanization and population globally. Urbanization and changing lifestyles are expected to drive the global construction industry in the next few years. Growing population and improving economic conditions increase expenditure on housing and infrastructure developments across the globe.
Based on region, the global paints & coatings market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a leading consumer of paints & coatings in the world. The market in region is likely to expand at a rapid pace in the next few years. Rise in consumption of paints & coatings in Asia Pacific is attributed to the increase in the number of building & construction and improvements in the industrial infrastructure in the region. Europe and North America account for large share of the global paints & coatings market. Expansion of the market in these regions is likely to slow down due to the sluggish expansion of the end-use industries.
The report analyzes and forecasts the paints & coatings market at global and regional levels. The market has been forecast in terms of volume (kilo tons) and revenue (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the global paints & coatings market. It also covers the expected impact of these drivers and restraints on the demand for paints & coatings during the forecast period. The report also highlights growth opportunities for the paints & coatings market at the global and regional levels.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global paints & coatings market. The Porter’s Five Forces model for the paints & coatings market has also been included to help understand the competition landscape. The study encompasses market attractiveness analysis, wherein segments have been benchmarked by resin, technology, and application based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global paints & coatings market by segmenting it in terms of base resin, technology, application, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes current and future demand for paints & coatings in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers segmentation based on individual by resin, technology, and application of the market in all regions.
The study includes profiles of major companies operating in the global paints & coatings market. The paints & coatings market is dominated by large players. Key players operating in the market include The Sherwin-Williams Company, BASF SE, Axalta Coating Systems, PPG Industries, Valspar,, Akzo Nobel N.V, Nippon Paint Holdings, KCC Corporation, and Jotun A/S.
The report provides the estimated market size of the global paints & coatings market for 2017 and forecast for the next nine years. The size of the global paints & coatings market has been provided in terms of volume and revenue. Market numbers have been estimated based on resin, technology, application, and region. The market size and forecast for each resin, technology, and application segment has been provided for the global and regional markets.
Global Paints & Coatings Market, by Resin
Acrylic
Polyurethanes
Polyesters
Epoxy
Alkyd
Others (including Silicone, Polyvinyl Acetate (PVA), Polyester, and Fluropolymer)
Make An Enquiry @ https://www.researchmoz.us/enquiry.php?type=E&repid=2236013
Global Paints & Coatings Market, by Technology
Water-based
Solvent-based
High Solid
Powder
Others (including UV-cure and moisture cure)
Global Paints & Coatings Market, by Application
Automotive & Transportation
Aerospace
Building & Construction
Packaging
Health Care & Medical Devices
Marine
Electrical & Electronics
Others (including Wood Working)
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ https://www.linkedin.com/showcase/13221461
Follow me on : https://marketinfo247.wordpress.com/
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