Paints and Coatings Market Size, Growth, Demands Outlook and Forecasts to 2030

According to the research report, the global paintsand coatings market size is expected to touch USD 241.38Billion by 2030, from USD 160.15 Billion in 2021, growing with a significant CAGR of 4.7% from 2022 to 2030.

Paints and Coating Market Size 2020 to 2030

The paints and coatings market report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global paints and coatings market in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global paints and coatings market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global paints and coatings market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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Report Scope of the Paints and Coatings Market

Report Highlights	Details
Market Size	USD 241.18 Billion by 2030
Growth Rate	CAGR of 4.7% from 2022 to 2030
Largest Market	Asia Pacific
Fastest Growing Market	Europe
Base Year	2021
Forecast Period	2022 to 2030
Segments Covered	Material Type, Product Type, Application Type, Region Type

This study covers a detailed segmentation of the global paints and coatings market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global paints and coatings market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

Akzo Nobel N.V.
PPG Industries, Inc.
The Sherwin-Williams Company
Jotun
Axalta Coating Systems, LLC
RPM International Inc.
Henkel AG & Company, KGaA
BASF SE
Kansai Paint Co., Ltd.
Hempel A/S
Nippon Paint Holdings Co., Ltd.
Sika AG
Beckers Group
3M
The Chemours Company

Market Segmentation

By Material

Polyester
Acrylic
Alkyd
Epoxy
Polyurethane
Others

By Product

Solvent-borne Coatings
Waterborne Coatings
Powder Coatings
High Solids/Radiation Curing
Others (Specialty Coatings)

By Application

Non-Architectural
- Wood
- Automotive & Transportation
- General Industrial
- Protective
- Marine
- Others
Architectural & Decorative

By Regional Outlook

North America
Europe
Asia Pacific
Latin America
MEA

Research Methodology

The research methodology adopted by analysts for compiling the global paints and coatings market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global paints and coatings market.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. DataSources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Paints and Coatings Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Paints and Coatings Market

5.1. Covid-19: Paints and Coatings Industry Impact
5.2. Paints and Coatings Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Paints and Coatings Opportunities in the COVID-19 Landscape
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Paints and Coatings Manufacturers to deal with Covid-19 Pandemic Scenario

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition

Chapter 7. Global Paints and Coatings Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Paints and Coatings MarketRevenue (USD Million) by Manufacturer (2015-2020)
7.1.1.2. Paints and Coatings MarketRevenue (USD Million) Market Share by Manufacturer (2015-2020)
7.1.1.3. Paints and Coatings MarketProduction (tons) by Manufacturer (2015-2020)
7.1.1.4. Paints and Coatings MarketProduction (tons) Share by Manufacturer (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Paints and Coatings Market, By Product Type

8.1. Paints and Coatings Market, by Product Type, 2016-2027
8.1.1. Polyester
8.1.1.1. Market Revenue (USD Million) and Forecast (2016-2027)
8.1.1.2. Market Production (tons) and Forecast (2016-2027)
8.1.2. Acrylic
8.1.2.1. Market Revenue (USD Million) and Forecast (2016-2027)
8.1.2.2. Market Production (tons) and Forecast (2016-2027)
8.1.3. Alkyd
8.1.3.1. Market Revenue (USD Million) and Forecast (2016-2027)
8.1.3.2. Market Production (tons) and Forecast (2016-2027)
8.1.4. Epoxy
8.1.4.1. Market Revenue (USD Million) and Forecast (2016-2027)
8.1.4.2. Market Production (tons) and Forecast (2016-2027)
8.1.5. Polyurethane
8.1.5.1. Market Revenue (USD Million) and Forecast (2016-2027)
8.1.5.2. Market Production (tons) and Forecast (2016-2027)

Chapter 9. Global Paints and Coatings Market, By Application

9.1. Paints and Coatings Market, by Application, 2016-2027
9.1.1. Solvent-borne Coatings
9.1.1.1. Market Revenue (USD Million) and Forecast (2016-2027)
9.1.1.2. Market Consumption (tons) and Forecast (2016-2027)
9.1.2. Waterborne Coatings
9.1.2.1. Market Revenue (USD Million) and Forecast (2016-2027)
9.1.2.2. Market Consumption (tons) and Forecast (2016-2027)
9.1.3. Powder Coatings
9.1.3.1. Market Revenue (USD Million) and Forecast (2016-2027)
9.1.3.2. Market Consumption (tons) and Forecast (2016-2027)
9.1.4. High Solids/Radiation Curing
9.1.4.1. Market Revenue (USD Million) and Forecast (2016-2027)
9.1.4.2. Market Consumption (tons) and Forecast (2016-2027)
9.1.5. Others (Specialty Coatings)
9.1.5.1. Market Revenue (USD Million) and Forecast (2016-2027)
9.1.5.2. Market Consumption (tons) and Forecast (2016-2027)

Chapter 10. Global Paints and Coatings Market, By End-User

10.1. Paints and Coatings Market, by End-User, 2016-2027
10.1.1. Non-Architectural
10.1.1.1. Market Revenue (USD Million) and Forecast (2016-2027)
10.1.1.2. Market Consumption (tons) and Forecast (2016-2027)
10.1.2. Architectural & Decorative
10.1.2.1. Market Revenue (USD Million) and Forecast (2016-2027)
10.1.2.2. Market Consumption (tons) and Forecast (2016-2027)

Chapter 11. Global Paints and Coatings Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue (USD Million) and Production (tons) Forecast by Product (2016-2027)
11.1.2. Market Revenue (USD Million) and Consumption (tons) Forecast by Application (2016-2027)
11.1.3. Market Revenue (USD Million) and Consumption (tons) Forecast by End-User (2016-2027)
11.1.4. U.S
11.1.4.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.1.4.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.1.5. Canada
11.1.5.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.1.5.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.2. Europe
11.2.1. Market Revenue (USD Million) and Production (tons) Forecast by Product (2016-2027)
11.2.2. Market Revenue (USD Million) and Consumption (tons) Forecast by Application (2016-2027)
11.2.3. Market Revenue (USD Million) and Consumption (tons) Forecast by End-User (2016-2027)
11.2.4. UK
11.2.4.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.2.4.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.2.5. Germany
11.2.5.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.2.5.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.2.6. France
11.2.6.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.2.6.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.2.7. Rest of EU
11.2.7.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.2.7.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue (USD Million) and Production (tons) Forecast by Product (2016-2027)
11.3.2. Market Revenue (USD Million) and Consumption (tons) Forecast by Application (2016-2027)
11.3.3. Market Revenue (USD Million) and Consumption (tons) Forecast by End-User (2016-2027)
11.3.4. China
11.3.4.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.3.4.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.3.5.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.3.6. Japan
11.3.6.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.3.6.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.3.7.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.4. LATAM
11.4.1. Market Revenue (USD Million) and Production (tons) Forecast by Product (2016-2027)
11.4.2. Market Revenue (USD Million) and Consumption (tons) Forecast by Application (2016-2027)
11.4.3. Market Revenue (USD Million) and Consumption (tons) Forecast by End-User (2016-2027)
11.4.4. Brazil
11.4.4.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.4.4.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.4.5.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue (USD Million) and Production (tons) Forecast by Product (2016-2027)
11.5.2. Market Revenue (USD Million) and Consumption (tons) Forecast by Application (2016-2027)
11.5.3. Market Revenue (USD Million) and Consumption (tons) Forecast by End-User (2016-2027)
11.5.4. GCC
11.5.4.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.5.4.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.5.5. North Africa
11.5.5.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.5.5.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.5.6. South Africa
11.5.6.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.5.6.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue (USD Million) and Production (tons) Forecast (2016-2027)
11.5.7.2. Market Revenue (USD Million) and Consumption (tons) Forecast (2016-2027)

Chapter 12. Company Profiles

12.1. Akzo Nobel N.V.
12.1.1. Company Overview, Business Information, Manufacturing Area
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.1.4. Recent Developments and Strategies
12.2. PPG Industries, Inc.
12.2.1. Company Overview, Business Information, Manufacturing Area
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.2.4. Recent Developments and Strategies
12.3. The Sherwin-Williams Company
12.3.1. Company Overview, Business Information, Manufacturing Area
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.3.4. Recent Developments and Strategies
12.4. Jotun
12.4.1. Company Overview, Business Information, Manufacturing Area
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.4.4. Recent Developments and Strategies
12.5. Axalta Coating Systems, LLC
12.5.1. Company Overview, Business Information, Manufacturing Area
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.5.4. Recent Developments and Strategies
12.6. RPM International Inc.
12.6.1. Company Overview, Business Information, Manufacturing Area
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.6.4. Recent Developments and Strategies
12.7. Henkel AG & Company, KGaA
12.7.1. Company Overview, Business Information, Manufacturing Area
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.7.4. Recent Developments and Strategies
12.8. BASF SE
12.8.1. Company Overview, Business Information, Manufacturing Area
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.8.4. Recent Developments and Strategies
12.9. Kansai Paint Co., Ltd.
12.9.1. Company Overview, Business Information, Manufacturing Area
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.9.4. Recent Developments and Strategies
12.10. 3M
12.10.1. Company Overview, Business Information, Manufacturing Area
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.10.4. Recent Developments and Strategies
12.11. Beckers Group
12.11.1. Company Overview, Business Information, Manufacturing Area
12.11.2. Product Portfolio Analysis
12.11.2.1. Product Details, Specification, Application
12.11.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.11.4. Recent Developments and Strategies
12.12. Nippon Paint Holdings Co., Ltd.
12.12.1. Company Overview, Business Information, Manufacturing Area
12.12.2. Product Portfolio Analysis
12.12.2.1. Product Details, Specification, Application
12.12.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.12.4. Recent Developments and Strategies
12.13. The Chemours Company.
12.13.1. Company Overview, Business Information, Manufacturing Area
12.13.2. Product Portfolio Analysis
12.13.2.1. Product Details, Specification, Application
12.13.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.13.4. Recent Developments and Strategies
12.14. Sika AG
12.14.1. Company Overview, Business Information, Manufacturing Area
12.14.2. Product Portfolio Analysis
12.14.2.1. Product Details, Specification, Application
12.14.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.14.4. Recent Developments and Strategies
12.15. Hempel A/S
12.15.1. Company Overview, Business Information, Manufacturing Area
12.15.2. Product Portfolio Analysis
12.15.2.1. Product Details, Specification, Application
12.15.3. Revenue (USD Million), Production Capacity, Price and Gross Margin (2015-2020)
12.15.4. Recent Developments and Strategies