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2022 Paints And Coatings Market Trends, Scope, Size, Share And Demand Factors Forecast To 2031

Paints And Coatings Market

Paints And Coatings Market

The global paints and coatings market report by the business research company identifies growth in end-user industries is expected to drive the paints and coatings market during the forecast period. There is a rapid growth in the consumption of paints and coatings in many industries. Paints and coatings are widely used in the automotive, construction, and manufacturing industries. For instance, the global buildings construction market is expected to increase from $6.6 trillion in 2019 to $8.4 trillion in 2022. Similarly, the global transportation manufacturing market is expected to increase from $6 trillion in 2019 to $7.8 trillion in 2022. Decorative paints and coatings are widely used in buildings and construction whereas protective paints and coatings are linked closely to the automotive, major appliance, and industrial equipment industries

The global paints and coatings market size is expected to grow from $211.9 billion in 2021 to $230.22 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The global paints and coatings market size is expected to grow to $311.47 billion in 2026 at a CAGR of 7.8%.

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Asia Pacific was the largest region in the paints and coatings market in 2021. Western Europe was the second-largest region in the global paints and coatings market. The regions covered in the global paints and coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the organic food market are Sherwin Williams Co, PPG Industries Inc, Akzo Nobel N.V, BASF SE, Nippon Paint Holdings Co ltd, Axalta Coating Systems Ltd, Kansai Paint Co. Ltd, Asian Paints Limited, RPM International Inc, and Arkema SA.

The global organic food market is segmented -
1) By Type: Water Borne Coatings, Solvent Based Coatings, Powder Coatings, Other Paints and Coatings
2) By Application: Architectural, Automotive, Wood, Packaging, Aerospace, Other Applications
3) By Type of Resin: Acrylic, Polyurethanes, Polyesters, Epoxy, Alkyd, Other Type of Resins
4) By Performance Range: Commodity Coating Range, Engineering Coating Range, High-Performance Coating Range

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The Paints and coatings Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Paints And Coatings Market Characteristics
4. Paints And Coatings Market Product Analysis
5. Paints And Coatings Market Supply Chain
....
21. Key Mergers And Acquisitions In The Paints And Coatings Market
22. Market Background: Chemicals By End-Use Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

This report covers the trends and market dynamics of the paints and coatings market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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