Paints and Coatings Market Growth, Insights, Appli

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.

The report sheds light on details about every market player in the global Paints and Coatings Market along with its global status, product portfolio financial standing, and business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Paints and Coatings market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

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

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Emergen Research has segmented the global Paints and Coatings market on the basis of type, application, end-use, and region:

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
The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:

Analysis and estimation of the Paints and Coatings Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Paints and Coatings Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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