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Paints and Coatings Markets Popular Trends & Technological Advancements to Watch Out for Near Future; Global Industry Analysis 2024 Paints and Coatings Market: Summary The Global Paints and Coatings Market is estimated to reach USD 249.6 Billion in 2024 at a CAGR of 4.4%. The paints and coating market is experiencing robust growth owing to the rising construction activities and increasing production and sales of the automotive vehicles. With the growing global economy, higher spending is allocated for the construction of the residential and non-residential infrastructure, which is further pushing the market growth uphill. However, fluctuating oil and other raw material prices is likely to hinder the growth of this market.

Paints and coatings are the composition obtained from the synthetic or natural source, which aims to impart color and/or protection to the surface applied. In addition to this, it is used to improve aesthetics and to decorate the surface. These are widely demanded in the range of industries including packaging, automotive, construction, marine, and manufacturing. Some key players of the market BASF SE, Akzo Nobel, Nippon Paint, Sherwin Williams Valspar, PPG Industries, RPM Inc., Axalta Coating Systems, SACAL Paints, Kansai Paint Co., Ltd. and Diamond Vogel Paints among others.


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Paints and Coatings Market: Trends, Segmentation & Drivers This market research report offers a comprehensive analysis of key market trends in the global paints and coatings market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of source, the market is segmented into ores and clays, crude oil, and seeds, and beans. By resin, the paints and coatings market is segmented into acrylic, polyurethane, epoxy, polyesters, and others. By technology, the market is segmented into waterbased, solventbased, powder coating, and UV cured coating. By application, the market is further classified into architectural coatings, automotive OEM coatings, automotive refinish coatings, traffic marking paint, marine paint, packaging coatings, and others. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, and the Middle East and Africa, with individual country-level analysis.

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Paints and Coatings Market: Report Segmentation For the scope of report, In-depth segmentation is offered by Forencis Research Paints and Coatings Market, by Source •

Ores and Clays

Crude Oil

Seeds and Beans Paints and Coatings Market, by Resin

Acrylic

Polyurethane

Epoxy

Polyesters

Others Paints and Coatings Market, by Technology

Water-Based

Solvent-Based

Powder coating

UV cured coating Paints and Coatings Market, by Application

Architectural and Decorative Coatings

Automotive OEM Coatings


Automotive Refinish Coatings

Packaging Coatings

Traffic Marking Paints

Marine Paints

Others (Wood Coatings) Paints and Coatings Market, by Region

Asia-Pacific (China, Japan, South Korea, India, Rest of Asia-Pacific)

North America (US, Canada, Mexico)

Europe (Germany, Russia, France, Italy, UK, Turkey,,Rest of Europe)

South America (Brazil, Argentina, Rest of South America)

Middle East and Africa (UAE, Iran, Rest of MEA)

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Paints and Coatings Market Trends, Market Share, Growth, Opportunities And Forecast To 2024  

Paints and coatings are the composition obtained from the synthetic or natural source, which aims to impart color and/or protection to the s...

Paints and Coatings Market Trends, Market Share, Growth, Opportunities And Forecast To 2024  

Paints and coatings are the composition obtained from the synthetic or natural source, which aims to impart color and/or protection to the s...

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