The paint & coating industry concentration is not high; there are many manufacturers in global and high-end products are mainly from America and Europe. The global paint & coating market will reach about 54346 K MT in 2018 from 43517 K MT in 2013. The average growth rate is about 4.54% during 2013-2018. Paint & coatinging production mainly focuses on China, taking about 39.59% of global market in 2017, followed by the Europe with about 19.10% share. Other regions keep growth rate about 7.77%.The main market players are PPG, AkzoNobel, Henkel, Sherwin-Williams and Valspar.
Due to the impact of raw material prices, prices of paint & coating keep decreasing, although during this period increased slightly, but still cannot change the overall downward trend in prices, the average price from 3338 USD / MT in 2013 reduced to 3291 USD / MT in 2018.
In 2019, the market size of Paints and Coatings is 178900 million US$ and it will reach 242700 million US$ in 2025, growing at a CAGR of 4.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Paints and Coatings.
This report studies the global market size of Paints and Coatings, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Paints and Coatings production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Market Segment by Product Type
Market Segment by Application
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Paints and Coatings status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Paints and Coatings manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Paints and Coatings are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025