Attractive Opportunities in the Paints & Coatings Market


iCrowdNewswire   Nov 13, 2020  3:00 AM ET

According to the new market research report Paints & Coatings Market by Resin (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester), Technology (Waterborne, Solventborne, Powder), Application (Architectural [Residential, Non-residential], Industrial), and Region – Global Forecasts to 2025″, is projected to reach USD 179.4 billion by 2025 at a CAGR of 4.0% during the forecast period. There has been wide acceptance of paints & coatings in various industries such as architectural, general industrial, protective and automotive & transportation, which is expected to drive the paints & coatings market. Rising building and construction activity is expected to drive the growth of the architectural coatings, thus, consequently augmenting the growth of the paints & coatings industry.

Don’t miss out on business opportunities in Paints & Coatings Market

Speak to our analyst and gain crucial industry insights that will help your business grow:

Waterborne technology uses water as a solvent, which makes them environmentally friendly and easy to apply. In most cases, this technology uses 80% water with small quantities of other solvents, for instance, glycol ethers. This technology is widely adopted for automotive, wood, furniture, plastic, and rail coatings. The binders used for waterborne coatings can be either be polyacrylate polyvinyl ethers, polyurethane resins, epoxy, or alkyd resins. Waterborne paints & coatings are used in a variety of packaging applications in architectural, automotive, general industrial, protective, wood, marine, packaging, coil, and other industries, due to their low toxicity and flammability factors. These benefits drive the waterborne paints & coatings market.

Acrylic resins are a group of similar thermoplastic or thermosetting plastic substances derived from acrylic acid, methacrylic acid, and other related compounds. Acrylates are the largest category of binder resins used in coatings. Acrylic paints & coatings are used in a wide range of applications owing to their chemical characteristics and unique esthetic properties. The demand for acrylic paints & coatings is high in the automotive, medical device, paints & coatings, and construction industries.

Browse and in-depth TOC on “Paints & Coatings Market – Global Forecast to 2025”

435 – Tables
66 – Figures
336 – Pages

View more detailed TOC @

The global paints & coatings market size is projected to grow from USD 147.2 billion in 2020 to USD 179.4 billion by 2025, at a CAGR of 4.0% during the forecast period. The rapid growth in the housing and construction sector, increasing gross domestic product (GDP), growing urbanization, and increasing disposable income are driving the paints & coatings market. Technological advancements in end-use industries such as automotive, marine, aerospace, wood, and general industrial are also supporting growth.

Paints & coatings are widely adopted for their esthetic and protective characteristics in residential, architectural, commercial, and industrial applications such as automotive, marine, aerospace, wood, protective, and coil coatings. Coatings such as elastomeric wall coatings have the unique ability to seal and bridge hairline cracks on a variety of surfaces in order to prevent water damage to masonry, concrete, and stucco.

Download PDF Brochure @

There has been steady growth, especially in the APAC paints & coatings market for the last few years, because of the rising construction industry, supported by rapid urbanization in developing countries such as India and China. The market is also driven by high demand for environmentally friendly coatings and an efficient process with durable and better esthetics appearance. There is slow growth in the paints & coatings market in North America and Europe. Stringent government regulations and high safety standards are also one of the major concerns for the market.

The key players in the paints & coatings market are The Sherwin-Williams Company (US), PPG Industries (US), AkzoNobel N.V. (Netherlands), Nippon Paint (Japan), Axalta Coating Systems (US), Jotun A/S (Norway), and Asian Paints (India). They have adopted various developmental strategies such as acquisitions, new product launches, and contracts & agreements to increase share in the market.

Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: [email protected]
Research Insight:


Keywords:    Paints & Coatings Market, Paints & Coatings, Paints and Coatings Market, Paints and Coatings, Paints Coatings market, Paint and Coating market, Paint & Coating market


Please enter your comment!
Please enter your name here