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Paints And Coatings Market: By Component, By Formulation, By Resin Type, By Application, and Geography
Paints And Coatings Market: By Component, By Formulation, By Resin Type, By Application, and Geography
Paints And Coatings Market size was valued at US$ 211.9 billion in 2023 and is expected to grow US$ 351.55 billion by 2030, at a CAGR of 7.5% from 2024 to 2030. The key factors that are responsible for the market growth include growing green environmental regulations, rising population & per capita income, increasing number of new infrastructure projects, and increasing demand from emerging economies. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. Global market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition.
Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Increasing energy costs are anticipated for the coming years which will lead to an increase in feedstock prices, which will openly affect the price of all synthetic resins used in coating applications. Furthermore, the strict rules to decrease the carbon footprint and VOC emissions will affect the market growth of paints and coatings as the manufacturers will have to invest in innovative technology to meet the conditions set by the regulatory bodies.
Study Period
2024-2030Base Year
2023CAGR
7.5%Largest Market
North AmericaFastest Growing Market
Asia Pacific
New infrastructure projects, such as bridges and water treatment facilities along with the growth of commercial/industrial businesses are driving the need for coatings used for asset protection. Tremendous pressure has been placed on the infrastructure system and living spaces of those cities. The infrastructure system, in particular, has yet to meet the communitys demand for basic utilities and economic activities. Industrial grade coatings fulfill numerous functional needs of metals such as protecting them against rust oxidation and corrosion, minimizing friction, protecting them from chemicals, facilitating easy assembly, and many more. In addition, demand for the construction sector has increased on the back of growing investments in infrastructure development in emerging economies.
North America accounted for larger revenue share in global Paints and Coatings market with considerable CAGR. The growth is due to the rise in residential houses sales, together with renovation of the existing houses, which is likely to boost the demand for residential construction.
Asia Pacific present remarkable opportunities and are rightly targeted by global players. Demand for paints & coatings is on the rise in countries such as China and India.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 211.9 billion |
|
Market Size in 2030 |
US$ 351.55 billion |
|
Market CAGR |
7.5% |
|
By Formulation |
|
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By Component |
|
|
By Application |
|
|
By Region |
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Paints and coatings market size was valued at US$ 211.9 billion in 2023 and is expected to grow at US$ 351.55 billion by 2030, growing at a CAGR of 7.5%.
The key players in the market are AkzoNobel N.V., Asian Paints Ltd., Axalta Coating Systems LLC, BASF S.E., Jotun Group.
Asia Pacific is the fastest-growing region for the market
| 1. Executive Summary |
| 2. Global Paints and Coatings Market Introduction |
| 2.1. Global Paints and Coatings Market - Taxonomy |
| 2.2. Global Paints and Coatings Market -Definitions |
| 2.2.1. Component |
| 2.2.2. Formulation |
| 2.2.3. Application |
| 2.2.4. Resin Type |
| 3. Global Paints and Coatings Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Paints and Coatings Market Dynamic Factors - Impact Analysis |
| 3.6. Global Paints and Coatings Market - Competition Landscape |
| 4. Global Paints and Coatings Market Analysis, 2019-2023 and Forecast, 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Paints and Coatings Market, By Component, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 5.1. One Component |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Two Component |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Other Components |
| 5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Paints and Coatings Market Forecast, By Formulation, 2019-2023 and Forecast, 2024-2030 |
| 6.1. Water Borne |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Solvent Borne |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Powder Based |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. High Solids |
| 6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Other Formulations |
| 6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Global Paints and Coatings Market Forecast, By Resin Type, 2019-2023 and Forecast, 2024-2030 |
| 7.1. Alkyd |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Epoxy |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Acrylic |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Polyurethane |
| 7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Polyester |
| 7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Vinyl |
| 7.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Other Resins |
| 7.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8. Global Paints and Coatings Market Forecast, By Application, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.1. Architectural Application |
| 8.1.1. Residential |
| 8.1.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.1.3. Market Opportunity Analysis |
| 8.1.2. Non-Residential |
| 8.1.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.2.3. Market Opportunity Analysis |
| 8.1.3. Infrastructure |
| 8.1.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3.3. Market Opportunity Analysis |
| 8.2. Industrial Application |
| 8.2.1. General Industrial |
| 8.2.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.1.3. Market Opportunity Analysis |
| 8.2.2. Automotive OEM |
| 8.2.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.2.3. Market Opportunity Analysis |
| 8.2.3. Automotive Refinish |
| 8.2.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3.3. Market Opportunity Analysis |
| 8.2.4. Wood Coating |
| 8.2.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.4.3. Market Opportunity Analysis |
| 8.2.5. Marine Coating |
| 8.2.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.2.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.5.3. Market Opportunity Analysis |
| 8.2.6. Coil Coating |
| 8.2.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.2.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.6.3. Market Opportunity Analysis |
| 8.2.7. Packaging Coating |
| 8.2.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.2.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.7.3. Market Opportunity Analysis |
| 8.2.8. Aerospace Coatings |
| 8.2.8.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.2.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.8.3. Market Opportunity Analysis |
| 8.2.9. Others |
| 8.2.9.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 8.2.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.9.3. Market Opportunity Analysis |
| 9. Global Paints and Coatings Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia-Pacific |
| 9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Latin America |
| 9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Middle East and Africa |
| 9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 9.6. Global Paints and Coatings Market - Opportunity Analysis Index, By Component, Formulation, Resin Type, Application, and Region, 2024-2030 |
| 10. North America Paints and Coatings Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 10.1. Component Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. One Component |
| 10.1.2. Two Component |
| 10.1.3. Other Components |
| 10.2. Formulation Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Water Borne |
| 10.2.2. Solvent Borne |
| 10.2.3. Powder Based |
| 10.2.4. High Solids |
| 10.2.5. Other Formulations |
| 10.3. Resin Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Alkyd |
| 10.3.2. Epoxy |
| 10.3.3. Acrylic |
| 10.3.4. Â Polyurethane |
| 10.3.5. Polyester |
| 10.3.6. Vinyl |
| 10.3.7. Other Resins |
| 10.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Architecture Application |
| 10.4.1.1. Residential |
| 10.4.1.2. Non-Residential |
| 10.4.1.3. Infrastructure |
| 10.4.2. Industrial Application |
| 10.4.2.1. General Industrial |
| 10.4.2.2. Automotive OEM |
| 10.4.2.3. Automotive Refinish |
| 10.4.2.4. Wood Coating |
| 10.4.2.5. Marine Coating |
| 10.4.2.6. Coil Coating |
| 10.4.2.7. Packaging Coating |
| 10.4.2.8. Aerospace Coatings |
| 10.4.2.9. Others |
| 10.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.5.1. U.S. |
| 10.5.2. Canada |
| 10.6. North America Paints and Coatings Market - Opportunity Analysis Index, By Component, Formulation, Resin Type, Application, and Country, 2024-2030 |
| 10.7. North America Paints and Coatings Market Dynamics - Trends |
| 11. Europe Paints and Coatings Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 11.1. Component Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2. Component Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. One Component |
| 11.2.2. Two Component |
| 11.2.3. Other Components |
| 11.3. Formulation Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Water Borne |
| 11.3.2. Solvent Borne |
| 11.3.3. Powder Based |
| 11.3.4. High Solids |
| 11.3.5. Other Formulations |
| 11.4. Resin Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Alkyd |
| 11.4.2. Epoxy |
| 11.4.3. Acrylic |
| 11.4.4. Â Polyurethane |
| 11.4.5. Polyester |
| 11.4.6. Vinyl |
| 11.4.7. Other Resins |
| 11.5. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.5.1. Â Â Â Â Â Â Â Â Â Â Â Architecture Application |
| 11.5.1.1. Residential |
| 11.5.1.2. Non-Residential |
| 11.5.1.3. Infrastructure |
| 11.5.2. Industrial Application |
| 11.5.2.1. General Industrial |
| 11.5.2.2. Automotive OEM |
| 11.5.2.3. Automotive Refinish |
| 11.5.2.4. Wood Coating |
| 11.5.2.5. Marine Coating |
| 11.5.2.6. Coil Coating |
| 11.5.2.7. Packaging Coating |
| 11.5.2.8. Aerospace Coatings |
| 11.5.2.9. Others |
| 11.6. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.6.1. Germany |
| 11.6.2. UK |
| 11.6.3. France |
| 11.6.4. Spain |
| 11.6.5. Italy |
| 11.6.6. Russia |
| 11.6.7. Poland |
| 11.6.8. Rest of Europe |
| 11.7. Europe Paints and Coatings Market - Opportunity Analysis Index, By Component, Formulation, Resin Type, Application, and Country, 2024-2030 |
| 11.8. Europe Paints and Coatings Market Dynamics - Trends |
| 12. Asia-Pacific Paints and Coatings Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 12.1. Component Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2. Component Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. One Component |
| 12.2.2. Two Component |
| 12.2.3. Other Components |
| 12.3. Formulation Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Water Borne |
| 12.3.2. Solvent Borne |
| 12.3.3. Powder Based |
| 12.3.4. High Solids |
| 12.3.5. Other Formulations |
| 12.4. Resin Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Alkyd |
| 12.4.2. Epoxy |
| 12.4.3. Acrylic |
| 12.4.4. Â Polyurethane |
| 12.4.5. Polyester |
| 12.4.6. Vinyl |
| 12.4.7. Other Resins |
| 12.5. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.5.1. Â Â Â Â Â Â Â Â Â Â Â Architecture Application |
| 12.5.1.1. Residential |
| 12.5.1.2. Non-Residential |
| 12.5.1.3. Infrastructure |
| 12.5.2. Industrial Application |
| 12.5.2.1. General Industrial |
| 12.5.2.2. Automotive OEM |
| 12.5.2.3. Automotive Refinish |
| 12.5.2.4. Wood Coating |
| 12.5.2.5. Marine Coating |
| 12.5.2.6. Coil Coating |
| 12.5.2.7. Packaging Coating |
| 12.5.2.8. Aerospace Coatings |
| 12.5.2.9. Others |
| 12.6. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.6.1. Japan |
| 12.6.2. China |
| 12.6.3. India |
| 12.6.4. ASEAN |
| 12.6.5. Australia & New Zealand |
| 12.6.6. Rest of Asia-Pacific |
| 12.7. Asia-Pacific Paints and Coatings Market - Opportunity Analysis Index, By Component, Formulation, Resin Type, Application, and Country, 2024-2030 |
| 12.8. Asia-Pacific Paints and Coatings Market Dynamics - Trends |
| 13. Latin America Paints and Coatings Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 13.1. Component Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2. Component Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. One Component |
| 13.2.2. Two Component |
| 13.2.3. Other Components |
| 13.3. Formulation Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Water Borne |
| 13.3.2. Solvent Borne |
| 13.3.3. Powder Based |
| 13.3.4. High Solids |
| 13.3.5. Other Formulations |
| 13.4. Resin Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Alkyd |
| 13.4.2. Epoxy |
| 13.4.3. Acrylic |
| 13.4.4. Â Polyurethane |
| 13.4.5. Polyester |
| 13.4.6. Vinyl |
| 13.4.7. Other Resins |
| 13.5. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.5.1. Â Â Â Â Â Â Â Â Â Â Â Architecture Application |
| 13.5.1.1. Residential |
| 13.5.1.2. Non-Residential |
| 13.5.1.3. Infrastructure |
| 13.5.2. Industrial Application |
| 13.5.2.1. General Industrial |
| 13.5.2.2. Automotive OEM |
| 13.5.2.3. Automotive Refinish |
| 13.5.2.4. Wood Coating |
| 13.5.2.5. Marine Coating |
| 13.5.2.6. Coil Coating |
| 13.5.2.7. Packaging Coating |
| 13.5.2.8. Aerospace Coatings |
| 13.5.2.9. Others |
| 13.6. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.6.1. Brazil |
| 13.6.2. Mexico |
| 13.6.3. Argentina |
| 13.6.4. Venezuela |
| 13.6.5. Rest of Latin America |
| 13.7. Latin America Paints and Coatings Market - Opportunity Analysis Index, By Component, Formulation, Resin Type, Application, and Country, 2024-2030 |
| 13.8. Latin America Paints and Coatings Market Dynamics - Trends |
| 14. Middle East and Africa Paints and Coatings Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn), Volume (000 MT) |
| 14.1. Component Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 14.2. Component Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1. One Component |
| 14.2.2. Two Component |
| 14.2.3. Other Components |
| 14.3. Formulation Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.3.1. Water Borne |
| 14.3.2. Solvent Borne |
| 14.3.3. Powder Based |
| 14.3.4. High Solids |
| 14.3.5. Other Formulations |
| 14.4. Resin Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.4.1. Alkyd |
| 14.4.2. Epoxy |
| 14.4.3. Acrylic |
| 14.4.4. Â Polyurethane |
| 14.4.5. Polyester |
| 14.4.6. Vinyl |
| 14.4.7. Other Resins |
| 14.5. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.5.1. Architecture Application |
| 14.5.1.1. Residential |
| 14.5.1.2. Non-Residential |
| 14.5.1.3. Infrastructure |
| 14.5.2. Industrial Application |
| 14.5.2.1. General Industrial |
| 14.5.2.2. Automotive OEM |
| 14.5.2.3. Automotive Refinish |
| 14.5.2.4. Wood Coating |
| 14.5.2.5. Marine Coating |
| 14.5.2.6. Coil Coating |
| 14.5.2.7. Packaging Coating |
| 14.5.2.8. Aerospace Coatings |
| 14.5.2.9. Others |
| 14.6. MEA Paints and Coatings Market - Opportunity Analysis Index, By Component, Formulation, Application, Resin Type, and Country, 2024-2030 |
| 14.7. MEA Paints and Coatings Market Dynamics - Trends |
| 15. Competition Landscape |
| 15.1. Strategic Dashboard of Top Market Players |
| 15.2. Company Profiles (Introduction, Financial Analysis, Component & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 15.2.1. AkzoNobel N.V. (Netherlands) |
| 15.2.2. Asian Paints Ltd. (India) |
| 15.2.3. Axalta Coating Systems LLC (United States) |
| 15.2.4. BASF S.E. (Germany) |
| 15.2.5. Jotun Group (Norway) |
| 15.2.6. Kansai Paint Co. Ltd. (Japan) |
| 15.2.7. Nippon Paint Holdings Co. Ltd. (Japan) |
| 15.2.8. PPG Industries (United States) |
| 15.2.9. RPM International Inc. (United States) |
| 15.2.10. Sherwin-Williams (United States) |
| 16. Research Methodology |
| 17. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.