Paints and Coatings Market By Resin (Architectural Coating Resin and Others), By End-User Industry (Architectural, Automotive, Wood, Protective Coating, General Industrial, Transportation, and Packaging), By Technology (Water-borne, Solvent-borne, Powder Coating, and UV-cured Coating), and By Region - Trends, Analysis and Forecast till 2032

Report Code: PMI406420 | Publish Date: March 2024 | No. of Pages: 168

Global Paints And Coatings Market Overview

Paints coat is the coating by any pigmented liquid, liquefiable, or mastic composition that, after application to a Substrate in a thin layer, converts to a solid film. It is most commonly used to protect, color, or provide texture to objects.

Global Paints And Coatings Market Drivers & Restraints

The rise in construction activity for the housing purpose in emerging economies in the Asia-Pacific region is the major propelling factor for the growth of the global market. Additionally, the rise in production of the automotive production in the Europe and Asia Pacific region is another driving factor for the growth of the target market. Moreover, the increasing population income level across the world, increase in the construction that increase the demand for the production of furniture which is the boosting factor for the growth of the global market. However, as increasing industrial areas the environmental and regulations are rising in some regions of the Asia- Pacific region and lower the growth of the construction activities is the major restraining factor for the growth of the target market.

Global Paints And Coatings Market Segmentations & Regional Insights

The paints coatings market is segmented based on resin, end-user industry, technology, and region.

Based on resin, the paints coatings market is segmented into the architectural coating resin and others. Based on end-user industry, the global market is classified into architectural, automotive, wood, protective coating, general industrial, transportation, and packaging. Based on technology, the target market is bifurcated into water-borne, solvent-borne, powder coating, and UV-cured coating.

 Regional Insights:

Based on the region the paints coatings market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region is expected to show significant growth of the target market over the forecast period due to consumption and production of coating in Asia pacific region is growing rapidly for the affordable construction of the houses to build community which is the good indicates of the increasing demand for the coating and painting.  North America region is also anticipated to show growth in the paints and coating market due to rise in automotive industries and construction.

Paints Coatings Market, By Resin:

  • Architectural Coating Resin
  • Others

Paints Coatings Market, By End-User Industry:

  • Architectural
  • Automotive
  • Wood
  • Protective Coating
  • General Industrial
  • Transportation
  • Packaging

Paints Coatings Market, By Technology:

  • Water-borne
  • Solvent-borne
  • Powder Coating
  • UV-cured Coating

Paints Coatings Market, By Region:

  • North America
    • Middle East & Africa
      • Middle East & Africa Paints Coatings Market, By Resin
      • Middle East & Africa Paints Coatings Market, By End-User Industry
      • Middle East & Africa Paints Coatings Market, By Technology
      • Middle East & Africa Paints Coatings Market, By Country
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
      • Latin America Paints Coatings Market, By Resin
      • Latin America Paints Coatings Market, By End-User Industry
      • Latin America Paints Coatings Market, By Technology
      • Latin America Paints Coatings Market, By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
      • Asia Pacific Paints Coatings Market, By Resin
      • Asia Pacific Paints Coatings Market, By End-User Industry
      • Asia Pacific Paints Coatings Market, By Technology
      • Asia Pacific Paints Coatings Market, By Country
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
      • Europe Paints Coatings Market, By Resin
      • Europe Paints Coatings Market, By End-User Industry
      • Europe Paints Coatings Market, By Technology
      • Europe Paints Coatings Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • North America Paints Coatings Market, By Resin
    • North America Paints Coatings Market, By End-User Industry
    • North America Paints Coatings Market, By Technology
    • North America Paints Coatings Market, By Country
      • The U.S.
      • Canada

Global Paints And Coatings Market Competitive Landscape & Key Players

The key players operating the paints coatings market involves Akzo Nobel NV, Asian Paints, Axalta Coating Systems Ltd LLC, BASF SE, Beckers Group, Berger Paints India Ltd., Brillux GmbH & Co. KG, Caparol, Cromology, and DAW SE. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the resins to gain a competitive edge in the target market. For instance, in 2017, Akzo Nobel acquired the BASF’s Industrial Coatings business which includes two manufacturing technologies, plants, patents and trademarks, and secure supply to the customer’s worldwide.

Global Paints And Coatings Market Company Profile

  • Akzo Nobel NV
  • Asian Paints
  • Axalta Coating Systems Ltd LLC
  • BASF SE
  • Beckers Group
  • Berger Paints India Ltd
  • Brillux GmbH & Co. KG
  • Caparol
  • Cromology
  • DAW SE

FAQs

The Global Paints Coatings market is segmented into basis of resin, end-user industry, technology, and region.

The rise in construction activity for the housing purpose in emerging economies in the Asia-Pacific region is the major propelling factor for the growth of the global market.

By region, the Asia Pacific region is expected to show significant growth of the target market over the forecast period due to consumption and production of coating.

The Key players operating in the global Paints Coatings market include Akzo Nobel NV, Asian Paints, Axalta Coating Systems Ltd LLC, BASF SE, Beckers Group, Berger Paints India Ltd., Brillux GmbH & Co. KG, Caparol, Cromology, and DAW SE.