Global Paints And Coatings Market Size By Performance Range, By Resin-Type, By Application, By Geographic Scope And Forecast
Paints ; Coatings Market Size And Forecast
Paints ; Coatings Market was valued at USD Billion 153.20 in 2019 and is projected to reach USD 231.53 Billion by 2027, growing at a CAGR of 5.3 % from 2020 to 2027.
Global Paints ; Coatings Market Outlook
A wide range of applications of acrylic paints in various industries such as medical devices, construction, automotive, and paints ; coatings is likely to drive the market during the forecasted years. Paints ; coatings are easy to apply, environment-friendly, and have the provision of durable coatings with better aesthetics ; performance. These factors are expected to act as growth contributing factors. Growing awareness about harmful VOC emissions and the construction industry in the developing countries are predicted to fuel the market in the coming years. In contrast, more drying time for water-based coatings and difficulty in obtaining thin films in powder coatings are restraining factors of the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Paints ; Coatings Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Paints ; Coatings Market Competitive Landscape
The Global Paints ; Coatings Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as AkzoNobel N.V., PPG Industries, The Sherwin- Williams Company, Nippon Paint Holding Co LTD, Axalta Coatings System LLC, Tikkurila Oyj, Jotun A/S, RPM International Inc., Asian Paints Ltd.,and Berger Paints India Ltd.
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