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Paint Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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The paint market research reports indicate a steady growth due to increasing construction activities across residential and commercial sectors. The global paint market size is estimated to be $180 billion, with a projected CAGR of 5.2% over the next five years. Manufacturers are focusing on eco-friendly and sustainable products to meet consumer demands. Request
Companies Covered (Covid 19 Impact Covered)
◍ 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
The paint market is highly competitive with key players such as PPG, AkzoNobel, Sherwin-Williams, and Asian Paints dominating the industry. These companies offer a wide range of products and services, such as industrial coatings, decorative paints, and protective coatings, to drive growth in the market.
- PPG: $15.12 billion
- AkzoNobel: $9.60 billion
- Sherwin-Williams: $17.53 billion
- Asian Paints: $2.58 billion
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◍ Architectural Paint
◍ Automotive Paint
◍ Wood Paint
◍ Marine Paint
◍ Others
◍ Water-Based Paint
◍ Solvent-Based Paint
◍ Powder Paint
◍ Others
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