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Paints and Coatings Market report categorizes global market by Technology, Resin Type, Application, and Geography - Insights, Opportunity Analysis, and Industry Forecast till 2025
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Global Paints and Coatings Market- Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2018-2025 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Global Paints and Coatings Market Overview Paints and coatings are liquid or semisolids materials that are applied or sprayed to a substrate in the form of a thin layer, which forms a solid film over time. It is used to enhance aesthetic appeal, protect and color buildings, walls, objects, equipment, among others. It is a mixture of polymer particles called binders, various surfactants, pigments, solvents, and processing aids. Asia Pacific and Middle East are expected to be the fastest growing markets during the forecast period. The solvent-based paints such as those used for waterproofing and flame proofing are gaining traction. The market has witnessed a wave of innovative products being developed and players focusing on expanding their regional footprint. Development of Nano InvisiPrint system, anti-finger prints solution for electronic display, developed by Nanotechnologies (NBD) on February 7, 2017. On January 31, 2017, Evonik set up a new research laboratory in Istanbul, Turkey, which will help Evonik, to expand in the Middle East. On September 8, 2016, Australian National University (ANU) developed a water repelling spray that finds application in the aerospace and mobile phone industries, among others. The global paints and coatings market was valued at US$ 137.25 billion and 46,686.09 kilo tons in 2016, and is expected to expand at a CAGR of 5.6% in terms of revenue and 4.8% in terms of volume during 2018– 2025. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Global Paints and Coatings Market: Taxonomy Global Paints and Coatings Market, By Technology: ➢Waterborne ➢Solvent borne ➢High Solids Coatings/Radiation-Curable Coatings ➢Powder Coatings ➢Others ➢Global Paints and Coatings Market, By Resin Type: ➢Acrylic ➢Alkyd ➢Epoxy ➢Polyester ➢Polyurethane Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/328 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Global Paints and Coatings Market: Regional Insights Stringent government regulations to reduce VOC in paints and coatings, boosting demand for waterborne paints Stringent government regulations to reduce VOC content in paints and coatings such as on April 21, 2005, United States Environmental Protection Agency amended Residential Lead-Based Paints Hazard Reduction Act of 1992. The waterborne paints segment is expected to expand at a CAGR of over 4.6% in terms of volume and 5.4% in terms of value, according to a study conducted by Coherent Market Insights. Moreover, technological advancements in waterborne paints production is also expected to boost the growth percentile, The AVANSE MV- 100 is one of the latest technology developed by The DOW Chemicals Company, which offers high performance acrylic binder used to coat metal surfaces. Furthermore, factors such as increasing population, rampant demand for improved infrastructure development with the growing urbanization, in turn projected to fuel growth of the paints and coatings market through 2025. In 2016, major market share was obtained by Asia Pacific, followed by North America and Europe in the global paints and coatings market, in terms of both of value and volume. Moreover, this trend is expected to remain the same over the forecast period. In 2016, Asia Pacific held a share of 43.45% in terms of volume, followed by Europe (20.23%). Increasing population, increased urbanization, and growing retail and hospitality sectors in Asia Pacific region is leading to rising demand for supportive infrastructure. To Get PDF of this Report: https://www.coherentmarketinsights.com/insight/request-pdf/328 © Coherent market Insights. All Rights Reserved
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