What is the market size for the paints and coatings market?

The Market is expected to grow by $ 38.25 bn in 2024-2028. <a href='https://www.technavio.com/report/paints-and-coatings-market-industry-analysis'>Read More</a>

What is the CAGR for the paints and coatings market?

4.02% CAGR with $ 38.25 bn Momentum. <a href='https://www.technavio.com/report/paints-and-coatings-market-industry-analysis'>Read More</a>

What is the growth rate of the Paints and Coatings Market market?

4.02% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/paints-and-coatings-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Paints and Coatings Market market?

APAC with 53% of the market growth. <a href='https://www.technavio.com/report/paints-and-coatings-market-industry-analysis'>Read More</a>

Who are the prominent players in the Paints and Coatings Market market?

Akzo Nobel NV, Asian Paints Ltd., Axalta Coating Systems Ltd., BASF SE, Benjamin Moore and Co., Berger Paints India Ltd., Diamond Vogel, Dow Chemical Co., .... <a href='https://www.technavio.com/report/paints-and-coatings-market-industry-analysis'>Read More</a>

Paints and Coatings Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, India, Germany, France - Size and Forecast 2024-2028

Published: Jan 2024
Pages: 183
SKU: IRTNTR40247

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Paints and Coatings Market Size 2024-2028

The paints and coatings market size is forecast to increase by USD 38.25 billion, at a CAGR of 4.02% between 2023 and 2028. The market is experiencing significant growth due to the expanding real estate and construction industry, leading to increased demand for architectural and decorative coatings. Another key trend is the growing adoption of UV-curable coatings, particularly in the automotive OEM and refinish segments, for their faster curing properties and improved durability. However, regulations on high emissions of Volatile Organic Compounds are posing challenges for market growth, with the oil industry and general industries coatings segments being major contributors to these emissions. Additionally, the protective and packaging coatings segments are witnessing demand due to their essential role in enhancing product durability and shelf life.

Coil coatings are also gaining popularity due to their ability to provide uniform coating thickness and improved corrosion resistance.

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Resin Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global paints and coatings market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global paints and coatings market 2018 - 2022 ($ billion)

4.2 Technology Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Technology Segment 2018 - 2022 ($ billion)

4.3 Resin Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Resin Type Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Technology

6.1 Market segments
- Exhibit 30: Chart on Technology - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Technology - Market share 2023-2028 (%)

6.2 Comparison by Technology
- Exhibit 32: Chart on Comparison by Technology
- Exhibit 33: Data Table on Comparison by Technology

6.3 Water-based - Market size and forecast 2023-2028
- Exhibit 34: Chart on Water-based - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Water-based - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Water-based - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Water-based - Year-over-year growth 2023-2028 (%)

6.4 Solvent-based - Market size and forecast 2023-2028
- Exhibit 38: Chart on Solvent-based - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Solvent-based - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Solvent-based - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Solvent-based - Year-over-year growth 2023-2028 (%)

6.5 High-solid paints and others - Market size and forecast 2023-2028
- Exhibit 42: Chart on High-solid paints and others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on High-solid paints and others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on High-solid paints and others - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on High-solid paints and others - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by Technology
- Exhibit 46: Market opportunity by Technology ($ billion)
- Exhibit 47: Data Table on Market opportunity by Technology ($ billion)

7 Market Segmentation by Resin Type

7.1 Market segments
- Exhibit 48: Chart on Resin Type - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Resin Type - Market share 2023-2028 (%)

7.2 Comparison by Resin Type
- Exhibit 50: Chart on Comparison by Resin Type
- Exhibit 51: Data Table on Comparison by Resin Type

7.3 Acrylic resins - Market size and forecast 2023-2028
- Exhibit 52: Chart on Acrylic resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Acrylic resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Acrylic resins - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Acrylic resins - Year-over-year growth 2023-2028 (%)

7.4 Epoxy resins - Market size and forecast 2023-2028
- Exhibit 56: Chart on Epoxy resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Epoxy resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Epoxy resins - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Epoxy resins - Year-over-year growth 2023-2028 (%)

7.5 Polyurethane resins - Market size and forecast 2023-2028
- Exhibit 60: Chart on Polyurethane resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Polyurethane resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Polyurethane resins - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Polyurethane resins - Year-over-year growth 2023-2028 (%)

7.6 Alkyd resins - Market size and forecast 2023-2028
- Exhibit 64: Chart on Alkyd resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Data Table on Alkyd resins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 66: Chart on Alkyd resins - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Alkyd resins - Year-over-year growth 2023-2028 (%)

7.7 Others - Market size and forecast 2023-2028
- Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)

7.8 Market opportunity by Resin Type
- Exhibit 72: Market opportunity by Resin Type ($ billion)
- Exhibit 73: Data Table on Market opportunity by Resin Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2023-2028 (%)
- Exhibit 76: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 North America - Market size and forecast 2023-2028
- Exhibit 87: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.7 South America - Market size and forecast 2023-2028
- Exhibit 95: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.8 China - Market size and forecast 2023-2028
- Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)

9.9 US - Market size and forecast 2023-2028
- Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)

9.10 India - Market size and forecast 2023-2028
- Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)

9.11 Germany - Market size and forecast 2023-2028
- Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.12 France - Market size and forecast 2023-2028
- Exhibit 115: Chart on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 116: Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 117: Chart on France - Year-over-year growth 2023-2028 (%)
- Exhibit 118: Data Table on France - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 119: Market opportunity by geography ($ billion)
- Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 121: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 123: Overview on factors of disruption

11.4 Industry risks
- Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 125: Vendors covered

12.2 Market positioning of vendors
- Exhibit 126: Matrix on vendor position and classification

12.3 Akzo Nobel NV
- Exhibit 127: Akzo Nobel NV - Overview
- Exhibit 128: Akzo Nobel NV - Business segments
- Exhibit 129: Akzo Nobel NV - Key news
- Exhibit 130: Akzo Nobel NV - Key offerings
- Exhibit 131: Akzo Nobel NV - Segment focus

12.4 Asian Paints Ltd.
- Exhibit 132: Asian Paints Ltd. - Overview
- Exhibit 133: Asian Paints Ltd. - Business segments
- Exhibit 134: Asian Paints Ltd. - Key offerings
- Exhibit 135: Asian Paints Ltd. - Segment focus

12.5 Axalta Coating Systems Ltd.
- Exhibit 136: Axalta Coating Systems Ltd. - Overview
- Exhibit 137: Axalta Coating Systems Ltd. - Business segments
- Exhibit 138: Axalta Coating Systems Ltd. - Key offerings
- Exhibit 139: Axalta Coating Systems Ltd. - Segment focus

12.6 Benjamin Moore and Co.
- Exhibit 140: Benjamin Moore and Co. - Overview
- Exhibit 141: Benjamin Moore and Co. - Product / Service
- Exhibit 142: Benjamin Moore and Co. - Key news
- Exhibit 143: Benjamin Moore and Co. - Key offerings

12.7 Berger Paints India Ltd.
- Exhibit 144: Berger Paints India Ltd. - Overview
- Exhibit 145: Berger Paints India Ltd. - Product / Service
- Exhibit 146: Berger Paints India Ltd. - Key offerings

12.8 Dunn Edwards Corp.
- Exhibit 147: Dunn Edwards Corp. - Overview
- Exhibit 148: Dunn Edwards Corp. - Product / Service
- Exhibit 149: Dunn Edwards Corp. - Key offerings

12.9 Hempel AS
- Exhibit 150: Hempel AS - Overview
- Exhibit 151: Hempel AS - Product / Service
- Exhibit 152: Hempel AS - Key offerings

12.10 Jotun AS
- Exhibit 153: Jotun AS - Overview
- Exhibit 154: Jotun AS - Business segments
- Exhibit 155: Jotun AS - Key offerings
- Exhibit 156: Jotun AS - Segment focus

12.11 Kansai Paint Co. Ltd.
- Exhibit 157: Kansai Paint Co. Ltd. - Overview
- Exhibit 158: Kansai Paint Co. Ltd. - Business segments
- Exhibit 159: Kansai Paint Co. Ltd. - Key offerings
- Exhibit 160: Kansai Paint Co. Ltd. - Segment focus

12.12 Masco Corp.
- Exhibit 161: Masco Corp. - Overview
- Exhibit 162: Masco Corp. - Business segments
- Exhibit 163: Masco Corp. - Key offerings
- Exhibit 164: Masco Corp. - Segment focus

12.13 Nippon Paint Holdings Co. Ltd.
- Exhibit 165: Nippon Paint Holdings Co. Ltd. - Overview
- Exhibit 166: Nippon Paint Holdings Co. Ltd. - Business segments
- Exhibit 167: Nippon Paint Holdings Co. Ltd. - Key offerings
- Exhibit 168: Nippon Paint Holdings Co. Ltd. - Segment focus

12.14 PPG Industries Inc.
- Exhibit 169: PPG Industries Inc. - Overview
- Exhibit 170: PPG Industries Inc. - Business segments
- Exhibit 171: PPG Industries Inc. - Key offerings
- Exhibit 172: PPG Industries Inc. - Segment focus

12.15 RPM International Inc.
- Exhibit 173: RPM International Inc. - Overview
- Exhibit 174: RPM International Inc. - Business segments
- Exhibit 175: RPM International Inc. - Key offerings
- Exhibit 176: RPM International Inc. - Segment focus

12.16 The Sherwin Williams Co.
- Exhibit 177: The Sherwin Williams Co. - Overview
- Exhibit 178: The Sherwin Williams Co. - Business segments
- Exhibit 179: The Sherwin Williams Co. - Key news
- Exhibit 180: The Sherwin Williams Co. - Key offerings
- Exhibit 181: The Sherwin Williams Co. - Segment focus

12.17 Sika AG
- Exhibit 182: Sika AG - Overview
- Exhibit 183: Sika AG - Business segments
- Exhibit 184: Sika AG - Key news
- Exhibit 185: Sika AG - Key offerings
- Exhibit 186: Sika AG - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 187: Inclusions checklist
- Exhibit 188: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 189: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 190: Research methodology
- Exhibit 191: Validation techniques employed for market sizing
- Exhibit 192: Information sources