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Paints and Coatings Market Summary, Competitive Analysis and Forecast, 2017-2026

Paints and Coatings Market Summary, Competitive Analysis and Forecast, 2017-2026

Summary

Global Paints & Coatings industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The paints & coatings market consists of liquid and powder-based paints, varnishes and related products used for protective and decorative, industrial, and automotive and specialty purposes.
- The market excludes inks, thinners, and raw materials, such as pigments and solvents.
- The architectural & decorative segment consists of products used in homes and buildings, such as interior and exterior paints, primers, sealers, and varnishes.
- The industrial segment comprises products that are factory-applied to manufactured goods as part of the production process.
- The specialty segment consists of aerosol paints, marine paints, high-performance maintenance coatings, and automotive refinish paints.
- The market value is calculated according to factory prices.
- All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The global paints & coatings market had total revenues of $152,621.3m in 2021, representing a compound annual growth rate (CAGR) of 1.2% between 2016 and 2021.
- Market consumption volume increased with a CAGR of 2.3% between 2016 and 2021, to reach a total of 50.7 million tonnes in 2021.
- The growth in the global paints & coatings market is driven by the demand for sustainable solutions. Key companies are focusing on product development with lower VOC content, and the removal of regulated hazardous materials.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global paints & coatings market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global paints & coatings market
- Leading company profiles reveal details of key paints & coatings market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global paints & coatings market with five year forecasts by both value and volume

Reasons to Buy

- What was the size of the global paints & coatings market by value in 2021?
- What will be the size of the global paints & coatings market in 2026?
- What factors are affecting the strength of competition in the global paints & coatings market?
- How has the market performed over the last five years?
- What are the main segments that make up the global paints & coatings market?