Paints & Coatings Market is Anticipated to Grow at an Impressive CAGR During 2022-2027

Paints & Coatings Market Segment Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Paints & Coatings Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The prime factor contributing to the demand for paints & coatings is mainly the growing demand from end-use industries such as architectural, general industrial, protective, and automotive & transportation, which in turn, is driving the growth of the market.

Key Players

The market for Paints & Coatings is highly consolidated with the strong presence of key players such as-

• AkzoNobel N.V.
• PPG Industries
• The Sherwin-Williams Company
• Nippon Paint Holding Co. Ltd.
• Axalta Coatings System LLC
• Tikkurila
• Jotun A/S
• RPM International Inc.
• Nippon Paint Holdings Co., Ltd.
• Asian Paints Limited
• BASF Coatings GmbH.

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As per the report, the market is segmented by:

• by Resin Type (Acrylic, Alkyd, Epoxy, Polyester, Polyurethane, and Others),
• by End-Use Industry Type (Architectural, Industrial),
• by Technology Type (Waterborne, Solvent-borne, Powder Coatings, and Others),
• by Region (North America, Europe, Asia-Pacific, and Rest of the World).

COVID-19 IMPACT

COVID-19 has affected almost every business, irrespective of size, irrespective of region. In the year 2020, the dynamics of the Paints & Coatings Market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.

Sneak peek into the Report:

This report serves as a comprehensive source of market analysis. The report's layout has been kept simple in order to have the most business value possible. It offers valuable insights into business dynamics and allows current and potential market participants to make strategic decisions.

The following are the report's key features:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market forecast analysis
• Competitive landscape and dynamics: Market share, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends & Key success factors

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