Paints & Coatings Market

Market Insights:

Paints and coatings are applied to the surface of any object for two major reasons: protection or decoration. Paints and coatings are generally referred to as “substrates,” which can be used as functional or decorative materials. These coatings are primarily used as a protective substrate for various applications in a number of end-user industries. Coatings offer benefits such as corrosion and wear resistance, adhesion, and wettability, among others. In the event of fabrication, the coating offers benefits such as electrical conductivity and magnetic response.

The rising population in Asia Pacific’s emerging economies, particularly China and India, has resulted in high demand for residential projects in the region. This has led to the growth of the paint and coatings industry in the region. High demand from the construction industry is the major factor driving the growth of the global paints and coatings market. Increasing demand for automobiles worldwide has increased demand for coatings. Paints and coatings are widely used in the automotive industry to protect automobiles from corrosion. Hence, high demand is reported for paints and coatings from the automotive industries in Asia and the Pacific. Therefore, Asia Pacific is the largest and fastest-growing market for paints and coatings. Europe followed Asia Pacific in terms of demand and is expected to boost market growth for paints and coatings due to high expenditure on commercial and residential projects in the region. North America and other regions are also expected to boost market growth for paints and coatings in the near future.

The paints and coatings market is expected to exceed US$ 196.5 billion by 2022, growing at a CAGR of more than 5.0% between 2015 and 2022.

Purpose of the Report

The purpose of this strategic research study titled “Global Paints and Coatings Market: Growth, Share, Opportunities, and Competitive Analysis, 2015–2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global paints and coatings market.

Target Audience

• Industry Investors
• Paints and Coatings Providers and Vendors
• Research Professionals
• Emerging Companies
• Raw Material Suppliers and Buyers
• Product Suppliers and Buyers
• Research Institutes

Analysis of Quality and Price Segmentation

On the basis of its quality and price, the paints and coatings market is categorized into the following segments:

• Premium
• Medium
• Economy

The paints and coatings market is divided into various segments based on end-use, quality, and price. Based on quality and price, the global paints and coatings market is segmented into premium, medium, and economy paints and coatings. Premium paints and coatings are those with a metallic finish, which tend to have more demand in the market. Premium paints and coatings offer a wide range of benefits, including stain guard, long-lasting film, extra-deep colors, and fungus and mildew resistance, among others. Hence, premium paints are known for their excellent quality and price compared to other paints and coatings. Medium paints and coatings accounted for the second largest segment of the global paints and coatings market. These paints and coatings are used on a large scale in the construction industry. Medium paints and coatings have low quality as compared to premium paints and coatings and are available at a lower price than premium paints. Hence, these paints and coatings are used for applications where a high amount of coating is needed, such as residential and commercial projects. Economy paints and coatings are those that are of low quality and price and are used for applications that are of low importance. These paints are used for stationary purposes and are available at a lower price in the market. Quality and price of the paints and coatings play a major role in the market, and hence these factors are expected to boost market demand in the near future.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Empirical Phase
1.4.2 Phase II – Analytical Phase
1.4.3 Phase III – Dissemination Phase
1.4.4 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Paints & Coatings Market
2.2 Global Paints & Coatings Market, By Product
2.3 Global Paints & Coatings Market, By End-Users
2.4 Global Paints & Coatings Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Paints & Coatings Market Volume and Revenue, 2015 – 2022, (Kilo Tons) (US$ Mn)
3.2 Key Market Strategies
3.2.1 Product Pricing Analysis
3.2.2 Regulatory Impact on Market
3.3 Market Drivers
3.4 Market Challenges
3.5 Future Outlook of the Market
3.6 See-Saw Analysis
3.6.1 Impact Analysis of Drivers and Restraints
3.7 Attractive Investment Proposition
3.8 Competitive Analysis
3.8.1 Market Positioning of Key Vendors

Chapter 4 Global Paints & Coatings Market Analysis, By Product (Quality and Price)
4.1 Overview
4.1.1 Global Paints & Coatings Market by Product, 2015 – 2022, (Kilo Tons)(US$ Mn)
4.2 Premium
4.2.1 Global Premium Paints & Coatings Market, 2015 – 2022, (Kilo Tons)(US$ Mn)
4.3 Medium
4.3.1 Global Medium Paints & Coatings Market, 2015 – 2022, (Kilo Tons)(US$ Mn)
4.4 Economy
4.4.1 Global Economy Market, 2015 – 2022, (Kilo Tons)(US$ Mn)

Chapter 5 Global Paints & Coatings Market Analysis, By End-Users
5.1 Overview
5.1.1 Architectural Coatings
5.1.1.1 Global Paints & Coatings Market for Architectural Coatings, 2015 – 2022, (Kilo Tons)(US$ Mn)
5.1.2 Industrial Coatings
5.1.2.1 Global Paints & Coatings Market for Industrial Coatings, 2015 – 2022, (Kilo Tons)(US$ Mn)
5.1.3 Special Purpose Coatings
5.1.3.1 Global Paints & Coatings Market for Special Purpose Coatings, 2015 – 2022, (Kilo Tons)(US$ Mn)
5.1.6 Others ( Marine, etc.)
5.1.6.1 Global Paints & Coatings Market for Other End-Userss, 2015 – 2022, (Kilo Tons) (US$ Mn)

Chapter 6 SRC View
6.1 Segmentation View (Product/ End-Users)
6.1.1 Global Paints & Coatings Market, by End-Users, 2015 – 2022, (Kilo Tons) (US$ Mn)

Chapter 7 RC View
7.1 North America Paints & Coatings Market Analysis
7.1.1 Overview
7.1.2 North America Paints & Coatings Market Volume, by Product, 2015 – 2022, (Kilo Tons)
7.1.3 North America Paints & Coatings Market Revenue, by Product, 2015 – 2022, (US$ Mn)
7.1.4 North America Paints & Coatings Market Volume, by End-Users, 2015 – 2022, (Kilo Tons)
7.1.5 North America Paints & Coatings Market Revenue, by End-Users, 2015 – 2022, (US$ Mn)
7.1.1.1 U.S. Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Ton)
7.1.1.2 U.S. Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.1.1.3 U.S. Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Ton)
7.1.1.4 U.S. Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.1.1.5 Canada Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Ton)
7.1.1.6 Canada Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.1.1.7 Canada Paints & Coatings Market Volume, By End-Users 2015 – 2022, (Kilo Ton)
7.1.1.8 Canada Paints & Coatings Market Revenue, By End-Users 2015 – 2022, (US$ Mn)
7.1.1.9 Rest of North America Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.1.2.0 Rest of North America Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.1.2.1 Rest of North America Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.1.2.2 Rest of North America Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.2 Europe Paints & Coatings Market Analysis
7.2.1 Overview
7.2.2 Europe Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.2.3 Europe Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.2.4 Europe Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.2.5 Europe Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (US$ Mn)
7.2.2.1 France Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.2.2.2 France Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.2.2.3 France Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.2.2.4 France Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.2.2.5 Germany Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.2.2.6 Germany Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.2.2.7 Germany Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.2.2.8 Germany Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.2.2.9 UK Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.2.3.0 UK Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.2.3.1 UK Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.2.3.2 UK Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.2.3.3 Rest of Europe Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.2.3.4 Rest of Europe Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.2.3.5 Rest of Europe Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.2.3.6 Rest of Europe Paints & Coatings Market Revenue, By End-Users 2015 – 2022, (US$ Mn)
7.3 Asia Pacific Paints & Coatings Market Analysis
7.3 Overview
7.3.1 Asia Pacific Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.3.2 Asia Pacific Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.3.3 Asia Pacific Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.3.4 Asia Pacific Paints & Coatings Market Revenue, 2015 – 2022, (US$ Mn)
7.3.1.1 China Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.3.1.2 China Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.3.1.3 China Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.3.1.4 China Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.3.1.5 India Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.3.1.6 India Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.3.1.7 India Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.3.1.8 India Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.3.1.9 Japan Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.3.2.0 Japan Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.3.2.1 Japan Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.3.2.2 Japan Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.3.2.3 Rest of Asia Pacific Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.3.2.4 Rest of Asia Pacific Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.3.2.5 Rest of Asia Pacific Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.3.2.6 Rest of Asia Pacific Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.4 Middle East and Africa (MEA) Paints & Coatings Market Analysis
7.4.1 Overview
7.4.2 Middle East and Africa Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.4.3 Middle East and Africa Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.4.4 Middle East and Africa Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.4.5 Middle East and Africa Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.4.1.1 South Africa Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.4.1.2 South Africa Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.4.1.3 South Africa Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.4.1.4 South Africa Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.4.1.5 Saudi Arabia Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.4.1.6 Saudi Arabia Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.4.1.7 Saudi Arabia Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.4.1.8 Saudi Arabia Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.4.1.9 Rest of MEA Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.4.2.0 Rest of MEA Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.4.2.1 Rest of MEA Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.4.2.2 Rest of MEA Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.5 Rest of the World (RoW) Paints & Coatings Market Analysis
7.5.1 Overview
7.5.2 Rest of the World Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.5.3 Rest of the World Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.5.4 Rest of the World Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.5.5 Rest of the World Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.5.1.1 Australia Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.5.1.2 Australia Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.5.1.3 Australia Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.5.1.4 Australia Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.5.1.5 Brazil Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.5.1.6 Brazil Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.5.1.7 Brazil Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.5.1.8 Brazil Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)
7.5.1.9 Rest of RoW Paints & Coatings Market Volume, By Product, 2015 – 2022, (Kilo Tons)
7.5.2.0 Rest of RoW Paints & Coatings Market Revenue, By Product, 2015 – 2022, (US$ Mn)
7.5.2.1 Rest of RoW Paints & Coatings Market Volume, By End-Users, 2015 – 2022, (Kilo Tons)
7.5.2.2 Rest of RoW Paints & Coatings Market Revenue, By End-Users, 2015 – 2022, (US$ Mn)

Chapter 8 Company Profiles
8.1 Akzo Nobel NV
8.2 Axalta Coatings System
8.3 BASF SE
8.4 Kansai Paint Co. Ltd.
8.5 Nippon Paint Co. Ltd
8.6 PPG Industries
8.7 RPG International Inc
8.8 The Sherwin-Williams Company
8.9 The Valspar Corporation

List of Figures

FIG. 1 Global Paints & Coatings: Market Segmentation 17
FIG. 2 Global Paints & Coatings Market: Research Methodology 18
FIG. 3 Global Paints & Coatings Market, By Product 2016 (Kilo Tons) (US$ Mn) 21
FIG. 4 Global Paints & Coatings Market, By End-Users 2016 (Kilo Tons) (US$ Mn) 22
FIG. 5 Global Paints & Coatings Market, By Geography, 2016 (Kilo Tons) (US$ Mn) 23
FIG. 6 Global Paints & Coatings Market Revenue, 2013 – 2022 (Kilo Tons) (US$ Mn) 24
FIG. 7 See-Saw Analysis : Global Paints & Coatings Market 28
FIG. 8 Attractive Investment Proposition 30
FIG. 9 Market Positioning of Key Paints & CoatingsCompanies , 2014 31
FIG. 10 Global Paints & Coatings Market Revenue, By Products, 2016 & 2022 (US$ Mn) 32
FIG. 11 Global Premium Paints & Coatings Market Volume and Revenue, 2013 – 2022, (Kilo Tons) (US$ Mn) 33
FIG. 12 Global Medium Paints & Coatings Market Volume and Revenue, 2013 – 2022, (Kilo Tons) ( (US$ Mn) 34
FIG. 13 Global Economy Paints & Coatings Market Volume and Revenue, 2013 – 2022, (Kilo Tons) ( (US$ Mn) 34
FIG. 14 Global Paints & Coatings Market Revenue, By End-Userss, 2014 & 2022 (US$ Mn) 36
FIG. 15 Global Paints & Coatings Market Volume and Revenue for Architectural Coatings, 2013 – 2022, (Kilo Tons) (US$ Mn) 37
FIG. 16 Global Paints & Coatings Market Volume and Revenue for Industrial Coatings, 2013 – 2022, (Kilo Tons) ( (US$ Mn) 38
FIG. 17 Global Paints & Coatings Market Volume and Revenue for Special Purpose Coatings, 2013 – 2022, (Kilo Tons) (US$ Mn) 39
FIG. 18 Global Paints & Coatings Market Volume and Revenue for Others, 2013 – 2022, (Kilo Tons) (US$ Mn) 40
FIG. 19 North America Paints & Coatings Market Volume and Revenue, 2013 – 2022, (Kilo Tons) (US$ Mn) 42
FIG. 20 Comparative Analysis of North America Paints & Coatings Market Revenue, By Country, 2013 – 2022, (US$ Bn) 45
FIG. 21 Europe Paints & Coatings Market Volume and Revenue, 2013 – 2022, (Kilo Tons) (US$ Mn) 46
FIG. 22 Comparative Analysis of Europe Paints & Coatings Market Revenue, By Region, 2013 – 2022, (US$ Mn) 49
FIG. 23 Asia Pacific Paints & Coatings Market Volume and Revenue, 2013 – 2022, (Kilo Tons) (US$ Mn) 50
FIG. 24 Comparative Analysis of Asia Pacific Paints & Coatings Market Revenue, By Region, 2013 – 2022, (US$ Mn) 53
FIG. 25 Middle East & Africa Paints & Coatings Market Volume and Revenue, 2013 – 2022, (Kilo Tons) (US$ Mn) 54
FIG. 26 Comparative Analysis of Middle East & Africa Paints & Coatings Market Revenue, By Country, 2013 – 2022, (US$ Mn) 56
FIG. 27 RoW Paints & Coatings Market Volume and Revenue, 2013 – 2022, (Kilo Tons) (US$ Mn) 58
FIG. 28 Comparative Analysis of RoW Paints & Coatings Market Revenue, By Country, 2013 – 2022, (US$ Mn) 60

List of Tables

TABLE 1 Market Snapshot: Global Paints & Coatings Market 20
TABLE 2 Impact Indicators 29
TABLE 3 Impact Analysis of Drivers and Restraints 29
TABLE 4 North America Paints & Coatings Market Volume & Revenue, By Products, 2013 – 2022 (Kilo Tons) (US$ Mn) 43
TABLE 5 North America Paints & Coatings Market Revenue, By End-Userss, 2013 – 2022 (Kilo Tons) (US$ Mn) 44
TABLE 6 Europe Paints & Coatings Market, By Products, 2013 – 2022 (Kilo Tons) (US$ Mn) 47
TABLE 7 Europe Paints & Coatings Market, By End-Userss, 2013 – 2022 (Kilo Tons) (US$ Mn) 48
TABLE 8 Asia Pacific Paints & Coatings Market, By Products, 2013 – 2022 (Kilo Tons) (US$ Mn) 51
TABLE 9 Asia Pacific Paints & Coatings Market, By End-Userss, 2013 – 2022 (Kilo Tons) (US$ Mn) 52
TABLE 10 Middle East & Africa Paints & Coatings Market, By Products, 2013 – 2022 (Kilo Tons) (US$ Mn) 55
TABLE 11 Middle East & Africa Paints & Coatings Market, By End-Userss, 2013 – 2022 (Kilo Tons) (US$ Mn) 56
TABLE 12 RoW Paints & Coatings Market, By Products, 2013 – 2022 (Kilo Tons) (US$ Mn) 59
TABLE 13 RoW Paints & Coatings Market, By End-Userss, 2013 – 2022 (Kilo Tons) (US$ Mn) 60
TABLE 14 Akzo Nobel NV : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 62
TABLE 15 Axalta Coatings System : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 64
TABLE 16 BASF SE : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 66
TABLE 17 Kansai Paint Co. Ltd. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 68
TABLE 18 Nippon Paint Co. Ltd : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 70
TABLE 19 PPG Industries : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 72
TABLE 20 RPG International Inc : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 74
TABLE 21 The Sherwin-Williams Company : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 76
TABLE 22 The Valspar Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 78