Paints and Coatings Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, India, Germany, France - Size and Forecast 2024-2028
| Published: Jan 2024 | Pages: 183 | SKU: IRTNTR40247 |
Paints and Coatings Market Forecast 2024-2028
The paints & coatings market size is forecast to increase by USD 38.25 billion at a CAGR of 4.02% between 2023 and 2028. The market experiences robust growth driven by the expansion of real estate and construction, heightened demand for paints & coatings, particularly in architectural, marine, automotive refinish, coil, and packaging sectors. Polyvinylidene difluoride (PVDF) and other thermoplastic and thermosetting materials find extensive application, including in cationic galvanic coating materials and high-performance ceramics. The industry witnesses a shift towards sustainable practices, with a focus on reducing volatile organic compounds (VOCs) and adopting bio-based resins like vegetable resin and polyurethane (PU) resin.
Additionally, advancements in solvent borne coatings and waterborne coatings enhance performance while addressing environmental concerns. This trend aligns with the growing emphasis on eco-friendly products across sectors like healthcare facilities and electric car sales, thereby promoting sustainability and reducing oil consumption.
What will be the Market Size During the Forecast Period?
Paints & Coatings Market Segmentation
By Technology Analysis
The water-based segment is estimated to witness significant growth during the forecast period. Water-based comprises water-soluble resins. In addition, these resins are produced by the process of polycondensation and polymerization in an organic solvent medium. Furthermore, these resins include polyesters, polyacrylates, alkyds, epoxy, and epoxy esters.
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The water-based segment was the largest segment and was valued at USD 73.65 billion in 2018. Moreover, these water paints are meant to provide protection against corrosion and aesthetics to the surfaces on which they are applied. In addition, water-based paints have a low content of volatile organic compounds. Therefore, they are predominantly used in developed countries, such as the US, Germany, the UK, and France, for coating purposes in the automotive and architecture industries. Hence, such factors are fuelling the growth of this segment which in turn will drive the market during the forecast period.
By Resin Type Analysis
Based on resin type, the market has been segmented into acrylic resins, epoxy resins, polyurethane resins, alkyd resins, and others. The acrylic resins segment will account for the largest share of this segment. Acrylic resins, also referred to as acrylic elastomer coatings, are highly molecular-weight resins that are typically derived from acrylic acid or methacrylic acid and other substances. In addition, the intrinsic durability of acrylic provides an advantage to acrylic resins, as they are designed to be highly elastic and flexible over a broad temperature range. Hence, such factors are fuelling this segment which in turn drives the market growth during the forecast period.
By Region Analysis
APAC is estimated to contribute 53% to the global market during the projection period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the projection period.
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APAC is expected to account for the major share of the market in the coming years fuelled by the growth in industries such as construction, automotive and aerospace, and defense in the region. In addition, China, India, Japan, and Australia are the major contributors to the market growth in the region. Moreover, many automotive manufacturing companies are shifting their manufacturing bases to APAC, owing to the easy availability of low-cost labor. In addition, countries such as Indonesia, Malaysia, and Thailand started providing tax subsidies to these companies. For instance, in India, government initiatives such as Make in India, foreign direct investments (FDIs), funding, and loans are encouraging automotive manufacturers to invest in India and set up their manufacturing bases. Furthermore, increased focus on development, rapid industrialization, and the flourishing housing and construction sector, especially in China and India, are anticipated to drive market growth in APAC. Hence, such factors are driving the market growth in APAC during the forecast period.
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Paints & Coatings Market Dynamics and Customer Landscape
The market experiences robust growth driven by the expansion of the real estate and construction sector. This demand extends to various segments, including exterior and interior wall paints, wood finishes, enamels, automotive, marine, packaging, and powder coatings. A notable trend in the market is the growing emphasis on bio-based and eco-friendly products, reflecting the industry's commitment to sustainable development.
However, challenges arise from the increasing use of glass in buildings, which reduces the demand for traditional coatings on surfaces. To address this, innovations such as low-solvent and solventless technology, thin-film powder coatings, and protective coatings made from polyurethane resins, fluoropolymers, and polyvinylidene difluoride are being developed. Multinationals in the coatings industry are focusing on consolidation to strengthen their market position and meet evolving consumer demands. Despite challenges, the paints & coatings market remains dynamic, driven by innovation, sustainability, and the ever-expanding construction sector.
Key Market Driver
The expansion of the real estate and construction sector is prominently fueling market growth. This growth has led to an upsurge in office spaces, commercial complexes, and residential buildings globally. Consequently, there's an increased demand for paints & coatings, particularly architectural paints and coatings, which find wide usage in construction and structural applications. These coatings encompass a range of functionalities, including abrasion resistance and corrosion resistance, meeting the diverse needs of the construction industry. Moreover, the market witnesses a growing adoption of low-solvent and solventless technology along with solvent-based coatings, sealants, primers, stains, varnishes, and other specialized coatings like polyester resin and UV coatings. Additionally, specific segments such as the marine, automotive refinish, coil, and packaging sectors contribute significantly to this demand.
Moreover, rapid urbanization and significant investments in infrastructure development are aiding in the growth of the construction industry in developing countries. In addition, the surging global population is fueling the demand for housing and other infrastructure. Furthermore, the highly reflective and seamless characteristics of architectural paints & coatings enhance their preference in construction applications. Hence, such factors are driving the market growth during the forecast period.
Significant Market Trends
The growing emphasis on bio-based and eco-friendly products constitutes an emerging trend shaping market growth. Numerous research studies have identified multiple commercial applications of bio-based resins and polymers in coatings. Additionally, in developed regions, stringent regulations overseeing the environmental impact of products promote the growth of the bio-based and eco-friendly market. This regulatory framework ensures the proliferation of environmentally conscious practices across various sectors, including the marine segment, automotive refinish, packaging segment, and coil segment. Furthermore, coatings featuring abrasion-resistant and corrosion-resistant properties are gaining momentum, especially in solvent-borne coatings, catering to the diverse needs of these market segments.
Moreover, increasing demand for bio-based recyclable and renewable coating materials in the US and Europe is driving the market for bio-based products. In addition, growing environmental, food, and drug regulations are fostering the consumption of bio-based polymer coatings in food packaging, consumer goods, and other products. Hence, such factors are driving the market growth during the forecast period.
Major Market Challenge
Increasing the use of glass in buildings is a significant challenge hindering market growth. Unlike cement and paint, glass is also an environment-friendly material. In addition, it is extensively used in modern-day architecture, especially in the construction of offices and shopping malls, as it provides significant energy savings and improves aesthetic appearance.
Moreover, in recent years, manufacturers have been offering glass with unique features that are suitable for specific constructions. Furthermore, thermal insulation, solar control, fire resistance, noise control, electric resistance, and flexibility of moldings are some of the other benefits provided by the glass. Hence, such factors are negatively impacting the market which in turn hinders the market growth during the forecast period.
Key Companies
Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches to enhance their presence in the market.
Akzo Nobel NV: The company offers paints and coatings under the brand names Alba, Armstead, Astral, Awlgrip, and Bruguer.
The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Asian Paints Ltd., Axalta Coating Systems Ltd., BASF SE, Benjamin Moore and Co., Berger Paints India Ltd., Diamond Vogel, Dow Chemical Co., Dunn Edwards Corp., H.B. Fuller Co., Hempel AS, Jotun AS, Kansai Paint Co. Ltd., Masco Corp., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., The Sherwin Williams Co., Sika AG, and Wacker Chemie AG
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Market Research Report Overview
The paints & coatings market caters to diverse sectors including the automotive, wood industry, and transportation industries, offering a wide range of decorative (architectural) and industrial paints & coatings. Whether it's exterior wall paints for residential construction or high-tech coatings for the oil industry, these products provide protection against environmental factors such as corrosion protection and friction.
Different resin (acrylic, alkyd, polyurethane, epoxy, polyester, other resin types) are employed in various applications, each offering specific properties like hardness and reflection absorption. Technological advancements have led to the development of technology (water-borne, solvent-borne, powder coating, UV-cured coating), addressing concerns over VOC concerns and environmental impact.
In the furniture market and architectural industry, paints & coatings serve commercial purposes, enhancing aesthetics while ensuring durability. The automotive industry benefits from coatings that provide both protection and visual appeal, while the transportation industry relies on coatings for maintenance and longevity.
As the market continues to evolve, innovation drives the creation of coatings tailored to specific needs, ensuring continued growth and sustainability in various sectors.
Segment Overview
The market report predicts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
- Technology Outlook
- Water-based
- Solvent-based
- High-solid paints and others
- Resin Type Outlook
- Acrylic resins
- Epoxy resins
- Polyurethane resins
- Alkyd resins
- Others
- Region Outlook
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
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Market Scope |
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Report Coverage |
Details |
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Page number |
183 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.02% |
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Market Growth 2024-2028 |
USD 38.25 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
3.63 |
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Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 53% |
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Key countries |
US, China, India, Germany, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Akzo Nobel NV, Asian Paints Ltd., Axalta Coating Systems Ltd., BASF SE, Benjamin Moore and Co., Berger Paints India Ltd., Diamond Vogel, Dow Chemical Co., Dunn Edwards Corp., H.B. Fuller Co., Hempel AS, Jotun AS, Kansai Paint Co. Ltd., Masco Corp., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., The Sherwin Williams Co., Sika AG, and Wacker Chemie AG |
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Market dynamics |
Parent market analysis, Market growth analysis inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in the Market Research Report?
- CAGR of the market forecast during the forecast period
- Detailed information on factors that will drive the growth of the market between 2023 and 2028
- Precise estimation of the market trends and analysis and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming market growth and trends and changes in consumer behavior
- Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
- Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of market companies
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Resin Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global paints and coatings market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global paints and coatings market 2018 - 2022 ($ billion)
- 4.2 Technology Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Technology Segment 2018 - 2022 ($ billion)
- 4.3 Resin Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Resin Type Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Technology
- 6.1 Market segments
- Exhibit 30: Chart on Technology - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Technology - Market share 2023-2028 (%)
- 6.2 Comparison by Technology
- Exhibit 32: Chart on Comparison by Technology
- Exhibit 33: Data Table on Comparison by Technology
- 6.3 Water-based - Market size and forecast 2023-2028
- Exhibit 34: Chart on Water-based - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Water-based - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Water-based - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Water-based - Year-over-year growth 2023-2028 (%)
- 6.4 Solvent-based - Market size and forecast 2023-2028
- Exhibit 38: Chart on Solvent-based - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Solvent-based - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Solvent-based - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Solvent-based - Year-over-year growth 2023-2028 (%)
- 6.5 High-solid paints and others - Market size and forecast 2023-2028
- Exhibit 42: Chart on High-solid paints and others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on High-solid paints and others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on High-solid paints and others - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on High-solid paints and others - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Technology
- Exhibit 46: Market opportunity by Technology ($ billion)
- Exhibit 47: Data Table on Market opportunity by Technology ($ billion)
7 Market Segmentation by Resin Type
- 7.1 Market segments
- Exhibit 48: Chart on Resin Type - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Resin Type - Market share 2023-2028 (%)
- 7.2 Comparison by Resin Type
- Exhibit 50: Chart on Comparison by Resin Type
- Exhibit 51: Data Table on Comparison by Resin Type
- 7.3 Acrylic resins - Market size and forecast 2023-2028
- Exhibit 52: Chart on Acrylic resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Acrylic resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Acrylic resins - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Acrylic resins - Year-over-year growth 2023-2028 (%)
- 7.4 Epoxy resins - Market size and forecast 2023-2028
- Exhibit 56: Chart on Epoxy resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Epoxy resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Epoxy resins - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Epoxy resins - Year-over-year growth 2023-2028 (%)
- 7.5 Polyurethane resins - Market size and forecast 2023-2028
- Exhibit 60: Chart on Polyurethane resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Polyurethane resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Polyurethane resins - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Polyurethane resins - Year-over-year growth 2023-2028 (%)
- 7.6 Alkyd resins - Market size and forecast 2023-2028
- Exhibit 64: Chart on Alkyd resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Data Table on Alkyd resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 66: Chart on Alkyd resins - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Alkyd resins - Year-over-year growth 2023-2028 (%)
- 7.7 Others - Market size and forecast 2023-2028
- Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)
- 7.8 Market opportunity by Resin Type
- Exhibit 72: Market opportunity by Resin Type ($ billion)
- Exhibit 73: Data Table on Market opportunity by Resin Type ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2023-2028 (%)
- Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 North America - Market size and forecast 2023-2028
- Exhibit 87: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Exhibit 95: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 China - Market size and forecast 2023-2028
- Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.9 US - Market size and forecast 2023-2028
- Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.10 India - Market size and forecast 2023-2028
- Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 France - Market size and forecast 2023-2028
- Exhibit 115: Chart on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 116: Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 117: Chart on France - Year-over-year growth 2023-2028 (%)
- Exhibit 118: Data Table on France - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 119: Market opportunity by geography ($ billion)
- Exhibit 120: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 121: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 123: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 124: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 125: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 126: Matrix on vendor position and classification
- 12.3 Akzo Nobel NV
- Exhibit 127: Akzo Nobel NV - Overview
- Exhibit 128: Akzo Nobel NV - Business segments
- Exhibit 129: Akzo Nobel NV - Key news
- Exhibit 130: Akzo Nobel NV - Key offerings
- Exhibit 131: Akzo Nobel NV - Segment focus
- 12.4 Asian Paints Ltd.
- Exhibit 132: Asian Paints Ltd. - Overview
- Exhibit 133: Asian Paints Ltd. - Business segments
- Exhibit 134: Asian Paints Ltd. - Key offerings
- Exhibit 135: Asian Paints Ltd. - Segment focus
- 12.5 Axalta Coating Systems Ltd.
- Exhibit 136: Axalta Coating Systems Ltd. - Overview
- Exhibit 137: Axalta Coating Systems Ltd. - Business segments
- Exhibit 138: Axalta Coating Systems Ltd. - Key offerings
- Exhibit 139: Axalta Coating Systems Ltd. - Segment focus
- 12.6 Benjamin Moore and Co.
- Exhibit 140: Benjamin Moore and Co. - Overview
- Exhibit 141: Benjamin Moore and Co. - Product / Service
- Exhibit 142: Benjamin Moore and Co. - Key news
- Exhibit 143: Benjamin Moore and Co. - Key offerings
- 12.7 Berger Paints India Ltd.
- Exhibit 144: Berger Paints India Ltd. - Overview
- Exhibit 145: Berger Paints India Ltd. - Product / Service
- Exhibit 146: Berger Paints India Ltd. - Key offerings
- 12.8 Dunn Edwards Corp.
- Exhibit 147: Dunn Edwards Corp. - Overview
- Exhibit 148: Dunn Edwards Corp. - Product / Service
- Exhibit 149: Dunn Edwards Corp. - Key offerings
- 12.9 Hempel AS
- Exhibit 150: Hempel AS - Overview
- Exhibit 151: Hempel AS - Product / Service
- Exhibit 152: Hempel AS - Key offerings
- 12.10 Jotun AS
- Exhibit 153: Jotun AS - Overview
- Exhibit 154: Jotun AS - Business segments
- Exhibit 155: Jotun AS - Key offerings
- Exhibit 156: Jotun AS - Segment focus
- 12.11 Kansai Paint Co. Ltd.
- Exhibit 157: Kansai Paint Co. Ltd. - Overview
- Exhibit 158: Kansai Paint Co. Ltd. - Business segments
- Exhibit 159: Kansai Paint Co. Ltd. - Key offerings
- Exhibit 160: Kansai Paint Co. Ltd. - Segment focus
- 12.12 Masco Corp.
- Exhibit 161: Masco Corp. - Overview
- Exhibit 162: Masco Corp. - Business segments
- Exhibit 163: Masco Corp. - Key offerings
- Exhibit 164: Masco Corp. - Segment focus
- 12.13 Nippon Paint Holdings Co. Ltd.
- Exhibit 165: Nippon Paint Holdings Co. Ltd. - Overview
- Exhibit 166: Nippon Paint Holdings Co. Ltd. - Business segments
- Exhibit 167: Nippon Paint Holdings Co. Ltd. - Key offerings
- Exhibit 168: Nippon Paint Holdings Co. Ltd. - Segment focus
- 12.14 PPG Industries Inc.
- Exhibit 169: PPG Industries Inc. - Overview
- Exhibit 170: PPG Industries Inc. - Business segments
- Exhibit 171: PPG Industries Inc. - Key offerings
- Exhibit 172: PPG Industries Inc. - Segment focus
- 12.15 RPM International Inc.
- Exhibit 173: RPM International Inc. - Overview
- Exhibit 174: RPM International Inc. - Business segments
- Exhibit 175: RPM International Inc. - Key offerings
- Exhibit 176: RPM International Inc. - Segment focus
- 12.16 The Sherwin Williams Co.
- Exhibit 177: The Sherwin Williams Co. - Overview
- Exhibit 178: The Sherwin Williams Co. - Business segments
- Exhibit 179: The Sherwin Williams Co. - Key news
- Exhibit 180: The Sherwin Williams Co. - Key offerings
- Exhibit 181: The Sherwin Williams Co. - Segment focus
- 12.17 Sika AG
- Exhibit 182: Sika AG - Overview
- Exhibit 183: Sika AG - Business segments
- Exhibit 184: Sika AG - Key news
- Exhibit 185: Sika AG - Key offerings
- Exhibit 186: Sika AG - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 187: Inclusions checklist
- Exhibit 188: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 189: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 190: Research methodology
- Exhibit 191: Validation techniques employed for market sizing
- Exhibit 192: Information sources
- 13.5 List of abbreviations
- Exhibit 193: 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.
INFORMATION 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
DATA 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
REPORT 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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paints and coatings market market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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