Report Highlights
The global paints and coatings market should reach $191.9 billion by 2023 from $150.5 billion in 2018 at a compound annual growth rate (CAGR) of 5.0% for the period of 2018-2023.
Report Includes
- 82 data tables
- An overview of the global market for paints and coatings, related technologies, and coating products, such as solvent-borne formulations, varnishes, enamels, lacquers, and water-based systems
- Analyses of global market trends, with data for 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023
- A look at the increased demand for coatings driven by customers’ expectations in diverse areas such as performance, ease of application, sustainability, quality, functionality, and environmental properties
- Identifications of new market opportunities and targeted promotional plans for paints and coatings
- Discussion of research and development, as well as the demand for new products and new applications
- Details covering new developments taking place in the industry with respect to continuous improvements in environmental performance
- Examination of the role paints and coatings play in providing color and protection
- Company profiles of major players in the market, including 3M, AkzoNobel, Buhler Group, Clariant AG, Dow Corning Corp., and Kansai Paint Co. Ltd.
Report Scope
The report has been prepared in a simple format that can be easily understood with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions. Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.
Analyst Credentials
Srinivasa Rajaram, the analyst who compiled this report, is a mechanical engineer with more than 40 years of experience in designing factory layouts and setting up factories. He has established factories for the production of weighing machines and dynamic balancing machines in India and has experience in the design, production and servicing of that equipment. He was senior vice president of M/S Schenck Avery Ltd., an Indo-German joint venture, and established the company’s electronics department for manufacturing various types of electronic weighing and dynamic balancing equipment. He has authored several technology market research reports for BCC Research.
Report Highlights
The global market for paints and coatings reached $129 billion in 2015. This market is expected to grow from nearly $132.2 billion in 2016 to $164.1 billion in 2021 at a compound annual growth rate of 4.4% from 2016-2021.
Report Includes
- An overview of the global market for paints and coatings, related technologies, and coating products, such as solvent-borne formulations, varnishes, enamels, lacquers and water-based systems
- Analyses of global market trends, with data for 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- A look at the increased demand for coatings driven by customers’ expectations in diverse areas such as performance, ease of application, sustainability, quality, functionality and environmental properties
- Identifications of new market opportunities and targeted promotional plans for paints and coatings
- Discussion of research and development, and the demand for new products and new applications
- Details covering new developments taking place in the industry with respect to continuous improvements in environmental performance
- Examination of the role paints and coatings play in providing color and protection
- Profiles of major players in the industry
Report Highlights
The global paints and coatings market is expected to reach $127.0 billion by the end of 2015 and further increase to $155.6 billion by 2020, a compound annual growth rate (CAGR) of 4.1% over the five-year period of 2015 through 2020.
Report Includes
- An overview of the global market for paints and coatings and related technologies.
- Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- Identifications of new market opportunities and targeted promotional plans for paints and coatings.
- Discussion of research and development, and the demand for new products and new applications.
- Examination of the role of paints and coatings play in providing color and protection.
- Comprehensive company profiles of major players in the industry.
Report Highlights
The global market for paints and coatings was valued at $111.2 billion in 2012 and should reach $116.9 billion in 2013. 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.
Report Includes
- An overview of the global market for paints and coatings.
- Analyses of global market trends, with data from 2011 and 2012, estimates for 2013, and projections of CAGRs through 2018.
- Identifications of new market opportunities and targeted promotional plans for paints and coatings.
- Discussion of research and development, and the demand for new products and new applications.
- Examination of the role of paints and coatings in providing color and protection.
- Comprehensive company profiles of major players in the industry.
Report Highlights
The global paints and coatings market reached an estimated $99.7 billion by the end of 2010. This global market figure is expected to increase with a modest compound annual growth rate (CAGR) of 3.2% for the 5-year period of 2010 to 2015 and reach $116.6 billion by the end of 2015.
Report Highlights
-
The global market for paints and coatings increased from $88.3 billion in 2006 to an estimated $91.2 billion in 2007. It should reach $102.8 billion by 2012, a compound annual growth rate (CAGR) of 2.4%.
-
Much of the growth over the past 5 years has been driven by increasing demand in developing markets, especially China, Thailand, Indonesia, India and Taiwan, along with Eastern Europe, comprising Russia, Hungary and the Baltic States.
-
In the application sector, automotive coatings are recording strong growth due to increased car ownership at the global level, especially in Asia Pacific and Eastern Europe.
Related Reports
Global Markets and Technologies for Nanofibers
The global market for nanofibers is estimated to increase from $2.9 billion in 2023 to reach $9.4 billion by 2028, at a compound annual growth rate (CAGR) of 26.0% from 2023 through 2028.
Acrylic Coatings: Technologies, End Users and Global Markets
The global market for acrylic coatings is estimated to increase from $61.9 billion in 2023 to reach $78.6 billion by 2028, at a compound annual growth rate (CAGR) of 4.9% from 2023 through 2028.
Global Markets for Conformal Coatings in Electronics
The global conformal coatings materials market should reach $2 billion by 2022 and $2.7 billion by 2027, with a compound annual growth rate (CAGR) of 6% during the forecast period of 2022-2027.
Flame Retardant Chemicals: Technologies and Global Markets
The global consumption of flame retardant chemicals is estimated to grow from 6.0 billion pounds in 2022 to 7.5 billion pounds in 2027, at a compound annual growth rate (CAGR) of 4.4% for the period of 2022-2027.
Recent Reports
Molecular Farming: Global Markets
The global market for molecular farming is expected to grow from $454.1 million in 2023 and projected to reach $916.3 million by the end of 2028, at a CAGR of 15.1% during the forecast period of 2023 to 2028.
Hydrotreated Vegetable Oil Market
This report identifies the most significant source and application for hydrotreated vegetable oil (HVO). The study gives an overview of the various trends, applications, and feedstocks related to HVO. It provides comprehensive and the latest market estimates of the HVO market. This report explores current and future strategies, ESG factors, and emerging trends within the market. This will help investors and industry participants understand the market and compete successfully in the market.
Elastomers: Applications and Global Markets
The global market for elastomers is expected to grow from $105.0 billion in 2023 and projected to reach $153.5 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.9% during the forecast period of 2023 to 2028.
Smart Polymers
The global market for smart polymers is expected to increase from $23.8 billion in 2023 to $54.5 billion by the end of 2028, with a compound annual growth rate (CAGR) of 18.0% during the forecast period of 2023-2028.
Acrylic Coatings: Technologies, End Users and Global Markets
The global market for acrylic coatings is estimated to increase from $61.9 billion in 2023 to reach $78.6 billion by 2028, at a compound annual growth rate (CAGR) of 4.9% from 2023 through 2028.
Top Trending Reports
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for cell and gene therapy tools and reagents is estimated to grow from $8.3 billion in 2022 to $13.7 billion in 2027, with a compound annual growth rate (CAGR) of 10.6% for the period of 2022-2027.
ESG Trends in Chemical Industry
This report focuses on the ESG trends in the chemical industry and evaluates the ESG implementation including current and future potential. The report utilizes various databases, including sustainability reports, annual reports, and other indicators used to develop the current market. The study provides detailed information on the main factors influencing ESG growth in the chemical industry. It enables the reader to understand the industry in general while also providing insight into the inter-relationship between ESG and the sustainable chemical industry. The report describes market growth, developing trends, industry leaders, and applications of ESG implementation in the chemical industry.
Digital Pathology: Technologies and Global Markets
The global digital pathology market is estimated to increase from $5.9 billion in 2022 to reach $10.7 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% from 2022 through 2027.
Smartphone-Based Patient Monitoring: Global Market
The global smartphone-based patient monitoring market should reach $21.5 billion by 2027 from $6.8 billion in 2022 at a compound annual growth rate (CAGR) of 25.9% for the forecast period of 2022 to 2027.
Seawater and Brackish Water Desalination
The global market for seawater and brackish water desalination is estimated to increase from $14.7 billion in 2022 to $21.7 billion by 2027, at a compound annual growth rate (CAGR) of 8.1% from 2022 through 2027.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More