The global paints and coatings market size was USD 178.42 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.5% during the forecast period. Rapid expansion of the semiconductor industry across the globe, rising adoption of paints and coatings in construction industry and demand for Volatile Organic Compound (VOC)-free coatings, and increasing popularity of Electric Vehicles (EVs) and focus on lightweight materials are key factors driving market revenue growth.

Emergen Research has published a research report on global Paints and Coatings Market to offer comprehensive analysis of current and emerging market trends along with key developments in the industry. The report offers in-depth information about market share, market size, market revenue growth, drivers, restraints, growth opportunities and challenges. The report also provides insights on different segments such as product types, applications, regional bifurcation along with top companies. The report is curated using primary and secondary research which is thoroughly evaluated by experts in the industry and is well-presented using various pictorial presentations such as tables, diagrams, charts and figures. 

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Akzonobel N.V., PPG Industries Inc., Sherwin Williams Company, RPM International Inc., NIPSEA Group, Arkema, Cardolite Corporation, BASF SE, Evonik Industries, Reichhold LLC 2, DSM, Qualipoly Chemical Corp, Arakwa Chemical Industries Ltd., Alberdingk Boley, Eternal Material Co. Ltd, Wacker Chemie AG, DIC Corporation, KCC Corporation, Asian Paints, and DOW

Research Report on the Paints and Coatings Market Addresses the Following Key Questions:

  • Who are the dominant players of the Paints and Coatings market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Paints and Coatings market?
  • What are the key growth drivers and restraining factors of the Paints and Coatings market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Paints and Coatings market and its key segments?

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Emergen Research has segmented the global Paints and Coatings market on the basis of type, type of care, and region

Segments Covered in this report are:

  • Product Outlook (Revenue, USD Billion; 2019-2032)

    • Waterborne Coatings
    • Solvent Borne Coatings
    • Powder Coatings
    • Radiation Curing
    • Others
  • Resin Outlook (Revenue, USD Billion; 2019-2032)

    • Acrylic
    • Alkyd
    • Epoxy
    • Polyurethane
    • Polyester
    • Others
  • Application Outlook (Revenue, USD Billion; 2019-2032)

    • Industrial
    • Architectural

In conclusion, the Paints and Coatings Market report is an exhaustive database that will help readers formulate lucrative strategies. The Paints and Coatings Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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