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Vibrant Colors and Protective Coatings: Exploring the APAC Paints and Coatings M

Dive into the dynamic market of paints and coatings in the Asia-Pacific region (APAC) and their role in adding vibrant colors and providing protective solutions. Explore market trends, key players, advancements, and the benefits of paints and coatings. Experience enhanced aesthetics, durability, and corrosion resistance in various industries across the APAC region.

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Vibrant Colors and Protective Coatings: Exploring the APAC Paints and Coatings M

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  1. APAC Paints and Coatings Market: Size, Share, Growth, Development and Demand Forecast to 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  2. The total size of the APAC paints and coatings market was USD 84.09 billion in 2022, and it will grow at a rate of 5.90% in the years to come, to touch USD 133.03 billion by 2030. The water-borne category had about 48% share in the recent past, and it grow considerably in the years to come as well. This has a lot to do with the growing requirement for these coatings from quite a few automobile and furniture manufacturers, due to their economical nature and better adhesion properties. In contrast, the UV category will experience the fastest growth by the end of this decade, on account of the increasing acceptance of these alternatives in the aerospace sector. This is due to the fact that these offer high reactivity, fast curing, low- temperature processing, extended shelf-life, virtually no volatile organic compound emission, high rigidity, and abrasion resistance. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/apac-paints-and- coatings-market/report-sample Acrylic formulation had the largest revenue share of about 40%. This is owing to the properties of acrylic compounds, including elastic, highly soluble, versatile, non-toxic, and water resistant, leading to the high requirement for paints and coatings with this formulation. Furthermore, the acrylic formulation owns properties, for example, thermoplastic nature, optical clarity, exceptional dimensional constancy, and UV resistance. Furthermore, the implementation of strict regulations and increasing consciousness about VOC contents will be the main factors powering the requirement for water-based products, which powers the requirement for acrylic resins. In the APAC paints and coatings market, China had the largest share of 58%. As per P&S Intelligence. This is because of the increasing construction activities, the increasing count of manufacturing plants, and the snowballing production of automobiles. Inquire before purchase@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=apac-paints-and-coatings-market For example, the Shanghai Chip Manufacturing plant, the project comprised the construction of a 12-inch wafer manufacturing plant, started in 2022 and will be completed by 2024. The construction sector is growing significantly in India, China, Australia, and 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  3. Japan, because of the increasing populace and growing development. This has brought about in increasing investment in construction projects, including hotels, offices, retail centers, apartments, and civic infra. Also, governments of more than a few nations are funding the expansion and improvement of infra. This will surge the requirement for these products for providing aesthetic benefits. In addition, the altering lifestyle of people has brought about the increasing requirement for sophisticated housing, which has additionally fueled the development of the industry in the region. It is because of the developing construction industry and increasing demand for automobiles, the demand for paints and coatings in the Adia Pacific region will also grow at pace in the years to come. The research offers market size of the APAC paints and coatings market for the period 2017– 2030. Market Segmentation by Technology Market Segmentation by Technology Water-Borne Solvent-Borne High Solids Powder Coatings Ultraviolet (UV) Market Segmentation by Formulation Market Segmentation by Formulation Acrylic Polyester Polyurethane Epoxy Others Market Segmentation by Application Market Segmentation by Application Architectural Coatings • • • • • • • • • • • oResidential oNon-residential Industrial Coatings • oAutomotive original equipment manufacturer (OEM) coatings oWood finishes oPowder coatings oCoil coatings 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  4. oPackaging finishes oGeneral industrial finishes oOther transportation coatings Special Coatings • oAutomotive refinish coatings oProtective coatings oMarine coatings Market Segmentation by Country Market Segmentation by Country China Paints and Coatings Market • oBy technology oBy formulation oBy application India Paints and Coatings Market • oBy technology oBy formulation oBy application Japan Paints and Coatings Market • oBy technology oBy formulation oBy application South Korea Paints and Coatings Market • oBy technology oBy formulation oBy application 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved 5 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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