Paint And Coatings Industry Market Research
Growth in automotive industry and increase in the industrialization is the factor for the decorative paint and coatings market in the forecast period of 2020 to 2027.
Paint and coatings industry market research. Decorative paint and coatings market is expected to reach usd 161 2 billion by 2027 growing at a growth rate of 5 80 in the forecast period 2020 to 2027. The global paints and coatings market size is anticipated to reach usd 202 7 billion by 2027 according to a new report by grand view research inc registering a cagr of 4 3 over the forecast period. Also included are five. Global market analysis for the paint coatings industry 2019 2024 the global market analysis for the paint coatings industry 2018 2023 provides a comprehensive view of the global paint and coatings industry addressing topics of relevance to coatings manufacturers end users raw materials suppliers and others interested in the industry.
The global market for paints and coatings was valued at 111 2 billion in 2012 and should reach 116 9 billion in 2013. Paints and coatings offer two primary functions i e. Paint and coating manufacturing 2020 u s. Paint and coatings manufacturing in australia industry market research report.
Paints and coatings market overview. The global paint and coatings industry is a major subset of the international chemical industry. Companies that manufacture inks and toners are also included in the industry. They are utilized to decorate and protect new constructions and maintain existing structures including residential houses and apartments buildings plants and factories.
Transparency market research the global coating resins market is forecasted to witness steady growth with a 5 27 cagr from 2018 to 2026. This report covers the scope size disposition and growth of the industry including the key sensitivities and success factors. In 2017 the market was around 33 15 billion in terms of value according to a recent report published by trans. Global decorative paint and coatings market.
The market is expected to witness significant growth in emerging economies such as india china and indonesia. Coatings refer broadly to any type of covering that is applied to an object s surface for functional. Total market valued is expected to reach 141 billion in 2018 after increasing at a five year compound annual growth rate of 3 8 from 2013 to 2018. Sep 15 2020 usd 295.
Jan 31 2019 usd 2 263. Industry market research report with covid 19 forecasts. An overview of the global market for paints and coatings. The industry in the united states with over 100 data sets covering 2011 2024.
This report includes updated 2020 2021 and 5 year forecasts due to the economic impact of covid 19. The global paints and coatings market size was valued at usd 146 2 billion in 2019 and is expected to grow at a compound annual growth rate cagr of 4 3 from 2020 to 2027.