Stratview Research has recently published a report on the Paints Coatings Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.
The Paints Coatings Market is segmented by Resin Type (Acrylic, Alkyd, Epoxy, Polyester, Polyurethane, and Others), by End-Use Industry Type (Architectural, Industrial), by Technology Type (Waterborne, Solvent-borne, Powder Coatings, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Paints Coatings Market Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Paints Coatings Market was estimated to reach from USD 172.22 billion in 2021 to USD 228.15 billion by 2028 is growing at a significant CAGR of 4.1% during the forecast period.
What are paints coatings?
Paints Coatings include liquid mixture that is a solid pigment in a liquid vehicle. They are used as a decorative or protective coating in the construction industry.
Some of the companies drive the market growth:
- AkzoNobel N.V.
- PPG Industries
- The Sherwin-Williams Company
- Nippon Paint Holding Co. Ltd.
- Axalta Coatings System LLC
- Tikkurila
- Jotun A/S
- RPM International Inc.
- Nippon Paint Holdings Co., Ltd.
- Asian Paints Limited
- BASF Coatings GmbH.
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Segments Analysis
By End-Use Industry Type
The market is segmented as architectural and industrial. The architectural segment accounted for the larger share by application in 2021, owing to government focus on residential construction especially in China and India.
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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