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Paints and Coatings Industry to Witness Rapid Growth in Demand During 2023 – 2030

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Nayara Rajput
Paints and Coatings Industry to Witness Rapid Growth in Demand During 2023 – 2030

Paints and Coatings Industry Data Book | Forecast 2030

 

Paints and Coatings Industry Data Book - Powder Coatings, Waterborne Coatings, Solvent-borne Coatings and High Solids/Radiation Curing Coatings Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

 

Grand View Research’s paints & coatings sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.

 

Access the Global Paints and Coatings Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies.

 

Powder Coating Market Report Highlights

The global powder coating market size is expected to reach USD 24.27 billion by 2030, registering a CAGR of 7.5% from 2023 to 2030, according to a report by Grand View Research, Inc.

  • Epoxy-Polyester (Hybrid) is expected to be the fastest-growing resin type segment during the forecast period
  • Consumer goods dominated the application segment in 2022 due to high demand for domestic appliances in emerging countries, such as India, China, Vietnam, the Philippines, and Thailand
  • The global market is fragmented. In terms of revenue, the top market players collectively held over 40% of the overall share in 2022
  • Key players are striving to gain a higher market share with new product developments and advancements in the manufacturing technology
  • However, at present, the pricing structure of market participants is nearly the same and there is not much difference in product attributes.

 

Order your copy of the Free Sample of “Paints and Coatings Industry Data Book - Powder Coatings, Waterborne Coatings, Solvent-borne Coatings and High Solids/Radiation Curing Coatings Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

 

Waterborne Coatings Market Report Highlights

 

The global waterborne coatings market size is expected to reach USD 89.35 billion by 2030, registering a CAGR of 5.6% over the forecast period, as per the new report by Grand View Research, Inc.

  • Acrylic resin type will register the fastest growth rate from 2023 to 2030 owing to high product demand in automobile and infrastructure applications
  • PU will be the second-fastest-growing resin type from 2023 to 2030 due to the wide product usage in automobile application
  • The architectural application will register the highest CAGR from 2023 to 2030 due to the growing infrastructural activities across the globe
  • Automotive OEM is likely to record the second-fastest CAGR from 2023 to 2030 owing to the product demand in automotive and related applications across the globe
  • Asia Pacific will witness the highest CAGR from 2023 to 2030 due to the growing infrastructural and architectural activities as a result of the rising population
  • The industry is highly competitive due to the presence of a large number of manufacturing companies

 

Go through the table of content of Paints and Coatings Industry Data Book to get a better understanding of the Coverage & Scope of the study

 

Competitive Landscape

Key players operating in the Paints and Coatings industry are –

  • PPG Industries, Inc.
  • Akzo Nobel N.V.
  • The Sherwin-Williams Company
  • Axalta Coating Systems, LLC
  • Jotun
  • RPM International, Inc.
  • BASF SE
  • Henkel AG & Company, KGaA
  • Kansai Paint Co., Ltd.
  • Nippon Paint Holdings Co., Ltd.
  • Hempel A/S

 

Grand View Research’s Paints and Coatings Industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Check out more Industry Data Books, published by Grand View Research

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

 

 

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