Stratview Research announces the launch of a new market research report on Paints & Coatings Market segmented 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), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026.
This detailed report provides a complete analysis that reflects today’s Paints & Coatings Market realities and future possibilities, with a forecast period of 5 years.
The report segmentation evaluates the market to deliver a bird’s-eye view to the users. The essential data/information offered in the report can be vital for the market participants to formulate new growth strategies and for staying ahead of the pack.
This report offers detailed overview of the Paints & Coatings Market along with the industry life cycle analysis, supply chain analysis, Growth drivers and constraints, market trend and forecast analysis, competitive landscape and dynamics, associated growth opportunities and key success factors.
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Stratview Research specifically relies on two types of research methodology –
- Primary research interviews to get the strategic insights on the market, directly from the industry experts.
- Secondary research to acquire necessary information for this study. Stratview Research leverages more than 1,000 secondary sources, such as company websites, press releases, white papers, and annual reports and constantly validates through its internal records for authenticity.
Paints & Coatings Market Share: By Resin Type
Based on the resin type, the market is segmented as acrylic, alkyd, epoxy, polyester, polyurethane, and others. The acrylic segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The significant share of acrylic segment is attributed to resistance to weathering & oxidation and availability of a variety of high-gloss colors. Utility of acrylic for outdoor applications coupled with its moderate price will augment the segmental growth over the forecast period.
Paints & Coatings Market Share: By End-Use Industry Type
Based on the end-use industry type, the market is segmented as architectural and industrial. The architectural segment accounted for the larger share by application in 2019, owing to government focus on residential construction especially in China and India.
Paints & Coatings Market Share: By Technology Type
Based on the technology type, the market is segmented as waterborne, solvent-borne, powder coating, and others. The waterborne segment held the largest share of the market in 2019, and is expected to remain dominant over the forecast period. The dominance of the waterborne segment is due to low flammability, ease of use, eco-friendly properties, and less hazardous disposal associated with the technology type.
Paints & Coatings Market Share: By Region
In terms of regions, Asia-Pacific is expected to be the largest market. The high share is attributed to the growing economy and expanding construction industry. Rapid urbanization especially in China and India will augment the regional growth. . North America is anticipated to offer significant growth opportunities over the forecast period, with the US being the major country.
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The report discusses current key players in the Paints & Coatings Market on the basis of intensive research. According to the experts, the market has the following key players-
- AkzoNobel N.V.
- PPG Industries
- The Sherwin-Williams Company
- Nippon Paint Holding Co. Ltd.
- Axalta Coatings System LLC
- Jotun A/S
- RPM International Inc.
- Nippon Paint Holdings Co., Ltd.
- Asian Paints Limited
- BASF Coatings GmbH
Report Customization Options
With this detailed report, Stratview Research offers customization options to the users. To get your customised report, click here…
Why invest in this report?
The report covers 360-degree angle of the Paints & Coatings Market and answers the following critical questions –
- What are the key trends in the Paints & Coatings Market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
- What is the impact of COVID-19 on the Paints & Coatings Market?
- What are the key strategies adopted by the major vendors to lead in the Paints & Coatings Market?
- What is the market share of the top vendors?
Stratview Research is a global market research company helping its clients’ tract the ever-evolving market scenarios through its market reports. The reports offered here are gathered by market experts with the help of reliable secondary sources and primary interviews with the key players in the market. These reports help the user stay ahead of the curve. It helps the users understand the current and future market trends and challenges on the way.
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