Paints And Coatings Market Production, Price & Revenue Professional Survey Report by 2025

Paints and Coatings Market Manufacturers, Suppliers
and Top Key Players Analysis up to 2025 Forecast
“Paints and coatings are looked upon as the materials that add value
to the finished products. The paints and coatings serve three major
objectives; enabling aesthetic appeal or decorative value to surfaces
and products, enabling protection from damage from harsh
environment, and tagging specific attributes to the product.”
The global Paints and Coatings Market is expected to cross USD 227.70 billion by 2025. Paints and coatings enable
better products that are durable, much attractive, reliable, and highly saleable. Paints and coatings are looked upon
as the materials that add value to the finished products. The paints and coatings serve three major objectives; enabling
aesthetic appeal or decorative value to surfaces and products, enabling protection from damage from harsh
environment, and tagging specific attributes to the product. Besides, paints and coatings constitute a specific material
and design with significant texture variables.
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Paints and coatings industry is driven by factors such as rise in use of paint and coating in automotive, construction,
and marine industries. In addition, rise in innovation in manufacturing processes and derivation of formulation
technologies propel the market growth. The market witnesses remarkable trends such as inception of nanotechnology
in the paints and coating industry. However, increase in use of substitutes, wallpapers, and significant costs associated
with paint related activities is likely to hamper the market growth in the near future.
Product segment for paint and coating market includes waterborne formulations, water-based coats and water based
polyurethane. End-use segmentation for paints & coatings industry comprises general industries, automotive, wood,
aerospace, and marine.

Geographical segmentation for paints and coatings market includes North America, South America, Europe, Asia-
Pacific, Middle East and Africa. Asia-Pacific’s paint and coating industry is anticipated to rise at a staggering CAGR in
the forecast period due to increase in demand for paint and coating products coupled with vast presence of paint
manufacturers in these regions. In addition, rise in commercial construction and related activities is likely to trigger
the APAC market growth.
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North American and European markets are expected to gain a significant CAGR in the forecast period due to stringent
environmental norms and precaution against hazardous chemicals. Middle East and African regions are likely to gain
a positive traction in the forecast period due to rise in imex business. Besides, flexible pricing coupled with ease of
availability is also expected to stimulate the market growth in the near future. The key players in the paint & coating
market include PPG Industries, AkzoNobel, Sherwin-Williams Company, Axalta Coating System, Valspar Corporation,
Nippon Paint Holdings, Jotun Group and RPM International Inc.
Market Segment:
Paints & Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• High solids/radiation curing
• Powder coatings
• Waterborne coatings
• Solvent-borne coatings
• Others
Paints & Coatings Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• Acrylic
• Alkyd
• Polyurethane
• Epoxy
• Polyesters

Paints & Coatings Application Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• Architectural & Decorative
• Non-architectural
• Automotive
• Wood
• General Industrial
• Marine
• Protective
• Others
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Paints & Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific

• China
• Japan
• India
• Central & South America (CSA)
• Middle East & Africa (MEA)
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