Artificial Intelligence driven Marketing Communications
According to the new market research report “Paints & Coatings Market by Resin (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester), Technology (Water-Based, Solvent-Based, High Solids, Powder), Application (Architectural & Industrial), and Region – Global Forecasts to 2027″, The paints & coatings market is projected to reach USD 232.1 billion by 2027.
Don’t miss out on business opportunities in Paints & Coatings Market
Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=156661838
The paints and coatings market is projected to grow from USD 153.9 billion in 2019 to USD 199.9 billion by 2024, at a CAGR of 5.4%, between 2019 and 2024. Paint is any liquid mixture that converts into solid film after application to a surface in a thin layer. A coating is a covering that is applied to a surface for decorative and protective properties. It includes all organic and inorganic coatings such as enamels, varnishes, emulsions, and bituminous coatings. Paints and coatings are used in architectural and industrial applications such as general industrial, protective, automotive refinish, automotive OEM, industrial wood, and marine, among others.
Based on technology, the waterborne segment is estimated to account for the largest share during the forecast period. Waterborne paints and coatings are used majorly in architectural applications and are also used in automotive, general industrial, protective, wood, marine, packaging, coil, and other industries, due to their low toxicity and flammability and also due to low VOC levels and HAP emissions. The waterborne paints and coatings market is expected to grow owing to the high growth of the architectural industry, which is anticipated to witness good growth, mainly in the developing countries.
Browse and in-depth TOC on “Paints & Coatings Market – Global Forecast to 2027”
170 – Tables
45 – Figures
208 – Pages
View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/paint-coating-market-156661838.html
The paints and coatings market is projected to grow from USD 153.9 billion in 2019 to USD 199.9 billion by 2024, at a CAGR of 5.4% between 2019 and 2024. The growth of end-use industries such as general industrial, automotive & transportation, protective and architectural is the key factor driving the paints and coatings market.
AkzoNobel N.V. (Netherlands), PPG Industries (US), The Sherwin-Williams Company (US), Nippon Paint Holding Co. Ltd. (Japan), Axalta Coatings System LLC (US), Tikkurila Oyj (Finland), Jotun A/S (Norway), and RPM International Inc. (US). These players have adopted various strategies, such as new product launch and merger & acquisition between 2015 and 2019, to enhance their market shares and expand their global presence.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=156661838
Sherwin-Williams is a global leader in the manufacture, development, distribution, and sale of paint, coatings, and related products to professional, industrial, commercial, and retail customers. The company operates through three reportable segments, namely, The Americas Group, Consumer Brands Group, and Performance Coatings Group. The company sells their branded products through more than 5,100 company-operated stores and facilities, while the company’s other brands are sold through leading mass merchandisers, home centers, independent paint dealers, hardware stores, automotive retailers and industrial distributors.
PPG Industries, Inc. manufactures and distributes coatings. PPG’s business comprises two reportable business segments: Performance Coatings and Industrial Coatings. The Performance Coatings and Industrial Coatings reportable business segments supply coatings and specialty materials to customers in a wide array of end-uses, including industrial equipment and components; packaging material; aircraft and marine equipment; automotive original equipment (OEM); automotive refinish; as well as for other industrial and consumer products. PPG also serves commercial and residential new build and maintenance customers by supplying coatings to painting and maintenance contractors and directly to consumers for decoration and maintenance. Strategically, the company has adopted inorganic strategies to increase its share in the paints and coatings market.
Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/paint-coating-market.asp
Visit Our Website: https://www.marketsandmarkets.com