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Paint & Coatings Market, Global Outlook and Forecast 2024-2030

Paint & Coatings Market, Global Outlook and Forecast 2024-2030

  • Published on : 28 November 2023
  • Pages :75
  • Report Code:SMR-7692930

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Report overview

The "Global Paint & Coatings Market" was valued at US$ 209.3 Million in 2024 and is projected to reach US$ 245.3 Million by 2030, at a CAGR of 2.3% during the forecast period. 

Paints & Coatings refer to liquid, liquefiable, or mastic compositions that are applied to surfaces to protect, preserve, or enhance their appearance. Paints typically provide color and aesthetic appeal, while coatings primarily focus on surface protection against corrosion, weathering, abrasion, and other environmental factors. These products are widely used across industries such as construction, automotive, aerospace, and industrial equipment.

Paint is defined as a paints material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect, decorated or add a specific feature to the surface on which it is deposited.

This report aims to provide a comprehensive presentation of the global market for Paint & Coatings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Paint & Coatings. This report contains market size and forecasts of Paint & Coatings in global, including the following market information:

China is the largest Paints & Coatings market with about 37% market share. Europe is follower, accounting for about 21% market share.The key manufacturers are PPG, AkzoNobel, Henkel, Sherwin-Williams, Valspar, RPM International, Axalta, BASF, Kansai Paint, Sika, 3M, Asian Paints, Nippon Paint, HB Fuller, Masco, Jotun, Hempel, KCC Corporation, DAW SE, Shawcor, Cromology, SK KAKEN, Carpoly, Taiho Paint, Berger Paints etc. Top 3 companies occupied about 15% market share.

We surveyed the Paint & Coatings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market By Segment:

By Type:

  • Powder Coating
  • Waterborne Coating
  • Others

By Application:

  • Automotive & Aviation
  • Medical & Healthcare
  • Others

By Region and Country:

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:
  • Key companies Paint & Coatings revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Paint & Coatings revenues share in global market, 2022 (%)
  • Key companies Paint & Coatings sales in global market, 2018-2023 (Estimated), (K MT)
  • Key companies Paint & Coatings sales share in global market, 2022 (%)

Key Players Include:

  • BASF SE
  • PPG Industries
  • Sherwin-Williams Company
  • AkzoNobel
  • Axalta Coating System
  • Valspar Corporation
  • RPM International Inc.
  • Nippon Paint Holdings
  • Jotun Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Paint & Coatings, market overview.
Chapter 2: Global Paint & Coatings market size in revenue and volume.
Chapter 3: Detailed analysis of Paint & Coatings manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Paint & Coatings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Paint & Coatings capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.