Global Paint market cagr 11.0%

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Paint Market

Paint Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Paint Market Size and Growth

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

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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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Market Segmentation

By Application

◍ Architectural Paint

◍ Automotive Paint

◍ Wood Paint

◍ Marine Paint

◍ Others

By Product

◍ Water-Based Paint

◍ Solvent-Based Paint

◍ Powder Paint

◍ Others

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$ X Billion USD
Market Growth
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