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Global Coatings Market 2018-2022

  • Published: Apr 2018
  • Pages: 80
  • SKU: IRTNTR22428
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The global coatings market size will grow by USD 45.5 billion during 2018-2022. This report offers an analysis of the market based on end user (industrial, architectural, and others) and geography (Americas, APAC, and EMEA). The coatings market report further analyzes the market’s competitive landscape and offers information on several companies AkzoNobel, Axalta Coating Systems, BASF, PPG Industries, and The Sherwin-Williams Company.

To identify growth opportunities in the coatings market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2017-2022. APAC will grow faster than the overall market. The growth of EMEA and the Americas will be slower than the global market.

Below are some of the key findings from the coatings market research report

Coatings Market

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Global coatings industry overview

The rapid infrastructure development and the rise in construction activities are the major factors driving the global coatings market. Roofs, wood panels, and metal sheets are some of the products that use coating material for construction and provide artistic appeal to residential and commercial buildings. Coatings also help in asset protection from corrosion, fire, and weathering; field proven/warrantied systems; extends maintenance/repainting cycles; and improves on-site productivity. With the rising demand from construction sectors, coating vendors have started offering diversified products like extrusion coatings, fire protection coatings, wood coatings, and protective coatings, which is expected to further fuel the coatings market growth.

The continuous rise in strategic partnerships and alliances is one of the key emerging coatings market trends. Several coating market vendors are investing extensively in joint ventures and acquisitions to capture a major share of the global coatings market and expand their presence in new regions. These manufacturers have helped them in successfully launching their joint ventures, expand product range, and create premier technology. According to this coatings market forecast report, the coatings market will grow at a CAGR of over 5% during the forecast period.

Top coatings companies covered in this market research report

The coatings market is fairly fragmented. With the continuous rise in strategic alliances, the players of the coatings market are increasingly focused on expanding their product portfolio by offering protective coating, coil coating, and other powder coating supplies. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this coatings market analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • AkzoNobel
  • Axalta Coating Systems
  • BASF
  • PPG Industries
  • The Sherwin-Williams Company

Coatings market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

Global coatings market analysis reveals that the APAC region will account for the largest coatings market share and the highest coatings market growth throughout the forecast period.

Coatings market segmentation based on end user

  • Industrial
  • Architectural
  • Others

The industrial user segment will account for the largest coating market share, while the architectural segment will record the highest coatings market growth. Additionally, the report also provides an accurate prediction of the contribution of the various end users segments to the growth of the coatings market size.

Key highlights of the global coatings market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the coatings market during the next five years
  • Precise estimation of the global coatings market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the coatings industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of coatings companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

  • Segmentation by end-user
  • Comparison by end-user
  • Industrial – Market size and forecast 2017-2022
  • Architectural – Market size and forecast 2017-2022
  • Others – Market size and forecast 2017-2022
  • Market opportunity by end-user

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • APAC – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Rise in strategic alliances
  • Rise in demand for smart coatings
  • Increase in product innovation

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • AkzoNobel
  • Axalta Coating Systems
  • BASF
  • PPG Industries
  • The Sherwin-Williams Company

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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