Authored By: Sarah
27 Oct 2021

Paints And Coatings Market: Key Geographies that will Drive Growth

Geographical Segmentation and Growth Analysis

The paints and coatings market is set to post an incremental growth of $ 39.68 bn, accelerating at a CAGR of about 4.82% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.


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Paints And Coatings Market: APAC to lead market growth during the forecast period

  • 54% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Paints and Coatings Market size.
  • This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. One of the factors that will drive growth is the growth in the real estate and construction industry.  Our analysis will thus enable clients to assess their play in the market and design further growth opportunities.
  • The paints and coatings market is segmented by Technology (water-based, solvent-based, and others), Type (acrylic resins, epoxy resins, polyurethane resins, alkyd resins, and others), Application (industrial and architectural), and Geography (APAC, Europe, North America, MEA, and South America). Each segment and sub-segment is analyzed at depth to derive market insights and forecast growth projections.

Paints and Coatings Market to Post Incremental Growth of $ 39.68 bn During 2021-2025 | Key Geographies that will Drive Growth

Paints And Coatings Market: Competitive Landscape

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 3M Co., Akzo Nobel NV, BASF SE, Henkel AG and Co. KGaA, Jotun AS, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., Sika AG, and The Sherwin-Williams Co. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of about 4.82%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 39.68 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Growth in the real estate and construction industry will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    54% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are 3M Co., Akzo Nobel NV, BASF SE, Henkel AG and Co. KGaA, Jotun AS, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., Sika AG, and The Sherwin-Williams Co.
     
  7. What are the market segments covered in this report?
    The market is segmented by Technology (water-based, solvent-based, and others), Type (acrylic resins, epoxy resins, polyurethane resins, alkyd resins, and others), Application (industrial and architectural), and Geography (APAC, Europe, North America, MEA, and South America).

Market Segmentation by Technology

    • Paints And Coatings Market Split by Technology
      • water-based
      • solvent-based
      • others
    • Paints And Coatings Market Split by Type
      • acrylic resins
      • epoxy resins
      • polyurethane resins
      • alkyd resins
      • others
    • Paints And Coatings Market Split by Application
      • industrial
      • architectural
    • Paints And Coatings Market Split by Geography
      • APAC
      • Europe
      • North America
      • MEA
      • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • 3M Co.
  • Akzo Nobel NV
  • BASF SE
  • Henkel AG and Co. KGaA
  • Jotun AS
  • Nippon Paint Holdings Co. Ltd.
  • PPG Industries Inc.
  • RPM International Inc.
  • Sika AG
  • The Sherwin-Williams Co.

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