Paints and Coatings Market is projected to grow USD 223.2 billion in 2028, at a CAGR of 2.80%

The Global Paints and Coatings Market was valued at USD 184 billion in 2021 and is projected to grow USD 223.2 billion in 2028, at a CAGR of 2.80%. Paints and coatings are primarily utilized in automotive, coating, transportation, construction and lumber industries. The products are widely used in diverse applications, due to their properties such as anti-friction, hardness, corrosion protection, and protection from environmental factors. These materials are used in the construction and buildings sector to protect from the blistering heat, rain, cold and , and  UV radiation. The increasing population, and their disposable incomes, has facilitated the expansion of the housing segment, thereby propelling residential construction. This may provide a significant boost to the market. The Pradhan Mantri Awas Yojana (PMAY) is an initiative of the Government of India which aims at providing affordable housing to the urban poor by the year 2022.

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The study’s scope includes a rating of main service providers, profits and pricing in key market segments utilizing business scenarios. The Paints and Coatings research study also investigates the supply chain and industry dealers in depth. The market study also considers a number of crucial elements that influence the global industry’s growth. The report also provides a statistical picture of the global industry, indicating the number of external and internal driving and restraining factors. The Market Research study’s global market research study will feature a large amount of unique data. A number of Paints and Coatings industry professionals and key opinion leaders also do extensive quantitative and qualitative research in order to obtain a better understanding of the market and industry performance.

The report provides a comprehensive analysis of company profiles listed below:

PPG Industries, Inc., (U.S.)

Axalta Coating Systems (U.S.)

Akzo Nobel N.V., (Netherlands)

Kwality Paints & Coatings Pvt. Ltd. (KPCPL) (India)

Kansai Nerolac Paints Limited (India)

Nippon Paint Holdings Co., Ltd. (Singapore)

The Sherwin-Williams Company (U.S.)

Jotun (Norway)

RPM International Inc. (U.S.)

TIKKURILA OYJ (Finland)

SK KAKEN CO., LTD. (Japan)

Dunn-Edwards Corporation (U.S.)

Type Analysis of World Wide Market:

Acrylic

Polyester

Alkyd

Epoxy

PU

And Others

Segmentation of global Paints and Coatings Market by Application:

Architectural

Automotive

Packaging

Wood

Protective Coating

General Industrial

Transportation

The study report offers a comprehensive analysis of Paints and Coatings Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Market is segmented by Type, by Application, Players, stakeholders and other participants in the global Market will be able to gain the upper hand as they use the report as a powerful resource.

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)

• Europe (Germany, UK, France, Italy, Russia and Spain etc.)

• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

• South America (Brazil, Argentina and Colombia etc.)

• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

Scope of this Report:

• This report segments the global Paints and Coatings market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.

• The report helps stakeholders understand the pulse of the Paints and Coatings market and provides them with information on key market drivers, restraints, challenges and opportunities.

• This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement and acquisitions.

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This research report gives detailed data about the major factors influencing the growth of the Paints and Coatings market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.