The report titled ‘Global Paints and Coatings Market – Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2024’ offers strategic visions into the global paints and coatings market along with the market size (Volume – Kilo Tons and Revenue – US$ Billion) and estimates for the duration 2016 to 2024. The said research study covers in-depth analysis of multiple market segments based on resin type, technology and application, and study across different topographies. The report is also inclusive of competitive profiling of the leading paints and coatings vendors, and latest developments.
The basic ingredients used to make paints are binder, solvent, pigment and additives. Solvents are volatile liquid, which is used to obtain proper viscosity and flow of the paint. Many paints many not have solvent. The solvent after usage of paint evaporates to leave a solid dry film on the surface. Binders are known as one of the most vital and necessary paint component. Different types of binder are natural resin, drying oil and synthetic resin. Pigments are granular solids, which provides paint its most vital properties of color and opacity. Additives are components that are used in small amount to offer additional features to the paint. Common types of additives are stabilizers, drying and curing agent, anti-mold agent, anti-settling agent and others. The global paints and coatings market was worth US$ 160.5 Bn in 2017 and estimated to be growing at a CAGR of 6.0% from 2019 to 2024, to reach US$ 234.8 Bn by 2024.
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The paints and coatings ecosystem includes raw material and chemical suppliers, component suppliers, paints and coatings machine manufacturers and assemblers, technology providers, service providers, distributors and resellers, and end users. The paints and coatings marketspace comprises major players such as AkzoNobel N.V., Asian Paints, Kansai Paints, PPG Industries, Axalta Coatings Systems, BASF Coatings GmbH, The Sherwin-Williams Company, Jotun A/S, RPM International, Hempel A/S, and Nippon Paint Holdings Co., Ltd.
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Paints and Coatings Market research report, the central factors driving the development of this market were documented and the business accomplices and end administrators were indulgent. The configuration of the business division, examples, and difficulties monitoring the market globally are likewise a bit of this wide examination. Various conferences and gatherings were driven by the perceptible pioneers of this industry to get enduring and revived experiences concerned to the market.
Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Paints and Coatings market’s trajectory between forecast periods.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Paints and Coatings market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Paints and Coatings market
Table of Contents
Global Paints and Coatings Market Research Report
Chapter 1 Paints and Coatings Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Paints and Coatings Market Forecast
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