Paints & Coatings Market

 Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Markets Scope
           1.3.1 Year Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Industry Insights
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Market Opportunities
    4.2 Paints & Coatings Market, By Application
    4.3 Paints & Coatings Market: Developed vs Developing Nations
    4.4 APAC: Paints & Coatings Market, By Technology and Country
    4.5 Paints & Coatings Market Attractiveness

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Green Environmental Regulations
                    5.2.1.2 Provision of Durable Coatings With Better Performance and Aesthetics
                    5.2.1.3 Growing Popularity of Elastomeric Coating in Tilt-Up Concrete in Building & Construction
                    5.2.1.4 Increasing Demand From End-Use Industries
           5.2.2 Restraints
                    5.2.2.1 Difficulty in Obtaining Thin Films in Powder Coating
                    5.2.2.2 Requirement of More Drying Time for Waterborne Coatings
                    5.2.2.3 Difficulty in Transportation of Coil Coatings in the Developing Countries
           5.2.3 Opportunities
                    5.2.3.1 Increasing Applications of Fluoropolymer in the Building & Construction Industry
                    5.2.3.2 Attractive Prospects for Powder Coatings in Shipbuilding and Pipeline Industries
           5.2.4 Challenges
                    5.2.4.1 Stringent and Regulatory Policies
                    5.2.4.2 Environmental Challenges With Respect to Wastewater Discharge
    5.3 Porter’s Five Forces Analysis
           5.3.1 Threat of New Entrants
           5.3.2 Threat of Substitutes
           5.3.3 Bargaining Power of Buyers
           5.3.4 Bargaining Power of Suppliers
           5.3.5 Intensity of Competitive Rivalry

6 Paints & Coatings Market, By Resin Type
    6.1 Introduction
    6.2 Acrylic
    6.3 Epoxy
    6.4 Alkyd
    6.5 Polyurethane
    6.6 Polyester
    6.7 Others

7 Paints & Coatings Market Analysis, By Technology
    7.1 Introduction
    7.2 Waterborne
    7.3 Solventborne
    7.4 Powder
    7.5 Others

8 Paints & Coatings Market, By Application (Page No. - 61)
    8.1 Introduction
    8.2 Architectural Application
           8.2.1 Residential
            8.2.1.1 New Construction 
             8.2.1.2 Remodel and Repaint
           8.2.2 Non-Residential
    8.3 Industrial Application
           8.3.1 General Industrial
           8.3.2 Protective
           8.3.3 Automotive Refinish
           8.3.4 Automotive OEM
           8.3.5 Industrial Wood
           8.3.6 Marine
           8.3.7 Coil
           8.3.8 Packaging
           8.3.9 Aerospace
           8.3.10 Rail

9 Paints & Coatings Market, By Region
    9.1 Introduction
    9.2 Asia Pacific (APAC)
           9.2.1 China
           9.2.2 Japan
           9.2.3 India
           9.2.4 Indonesia
           9.2.5 Thailand
           9.2.6 Rest of APAC
    9.3 Europe
           9.3.1 Germany
           9.3.2 Russia
           9.3.3 France
           9.3.4 UK
           9.3.5 Italy
           9.3.6 Turkey
           9.3.7 Spain
           9.3.8 Rest of Europe
    9.4 North America
           9.4.1 US
           9.4.2 Canada
           9.4.3 Mexico
    9.5 Middle East & Africa
           9.5.1 Saudi Arabia
           9.5.2 South Africa
           9.5.3 Rest of Middle East & Africa
    9.6 South America
           9.6.1 Brazil
           9.6.2 Argentina
           9.6.3 Rest of South America

10 Competitive Landscape
     10.1 Introduction
     10.2 Dive Analysis for Paints & Coatings
     10.3 Competitive Benchmarking
             10.3.1 Product Offerings
             10.3.2 Business Strategy

11 Company Profiles
(Business Overview, Product Offerings & Business Strategies, Key Insights, Recent Developments, MnM View)*
     11.1 Akzonobel N.V.
     11.2 PPG Industries
     11.3 Sherwin-Williams Company
     11.4 Axalta Coating System LLC
     11.5 Jotun A/S
     11.6 Nippon Paint Holdings Co., Ltd.
     11.7 Asian Paints Limited
     11.8 Kansai Paints Co., Ltd.
     11.9 RPM International Inc
     11.10 Valspar Corporation
     11.11 Tikkurila OYJ
     11.12 Hempel A/S
     11.13 Berger Paints India Limited
     11.14 Shalimar Paints
     11.15 S K Kaken Co., Ltd
     11.16 Masco Corporation
     11.17 Beckers Group
     11.18 Dunn-Edwards Corporation
     11.19 Tiger Coatings GmbH & Co. Kg
     11.20 Sacal Inetrnational Group Ltd.
     11.21 Diamond Vogel Paints
     11.22 Vista Paints Corporation
     11.23 Indigo Paints Pvt Ltd
     11.24 Kelly-Moore Paints
     11.25 BASF Coatings GmbH

*Details on Business Overview, Product Offerings & Business Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 169)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets Subscription Portal
     12.3 Introducing RT: Real-Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details

The study involved four major activities in estimating the current market size of paints and coatings. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methods were used to estimate the size of the segments and subsegments of the overall market.

Secondary Research

This research report involves the use of extensive secondary sources, directories, and databases, such as Bloomberg, BusinessWeek, Factiva, ICIS, and OneSource to identify and collect information useful for the technical, market-oriented, and commercial study of the paints and coatings market. The secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, and articles from recognized authors, authenticated directories, and databases.

Primary Research

The paints and coatings market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations. The demand side of this market is characterized by the development of the architectural, packaging, industrial, and automotive & transportation industries. The supply side included industry experts, such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various companies and organizations operating in the market. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Following is the breakdown of primary respondents:

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the paints and coatings market. These methods were also used extensively to estimate the sizes of various sub-segments in the market. The research methodology used to estimate the market size includes the following steps:

• The key players in the industry and markets were identified through extensive secondary research.
• The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research.
• All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the estimation processes explained above-the market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

• To analyze and forecast the paints and coatings market, in terms of value and volume
• To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
• To analyze and forecast the size of the market based on technology, resin type, and application
• To estimate and forecast the market size based on five regions, namely, Asia Pacific (APAC), North America, Europe, the Middle East & Africa, and South America
• To estimate and forecast the paints and coatings market at the country-level in each of the regions
• To analyze the market opportunities and competitive landscape of the market leaders and stakeholders
• To analyze the competitive developments, such as new product launch and merger & acquisition, in the paints and coatings market
• To strategically identify and profile the key market players and analyze their core competencies

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.

The following customization options are available for the report:

Product Analysis

• Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

• A further breakdown of the paints and coatings market, by country

Company Information

• Detailed analysis and profiling of additional market players (up to five)