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Paints and coatings are widely used in industries for protecting machines and equipment from rusting and corrosion, whereas decorative paints and coatings are used applied on interior and exterior walls of residential and corporate buildings. Rising population and disposable income is boosting the demand for consumer goods and automotive, which in turn is boosting industrialization. To embellish and protect a surface, paints and coatings are applied to the substrate. When applied for decorative purposes, paints and coatings enhance the surface's longevity and aesthetics. Additionally, they shield the surface from damaging elements, rust, ageing, and chemical exposure. In some applications, paints and coatings also offer particular qualities including anti-fouling, flame retardancy, and anti-microbial capabilities. Due to economic expansion and the consequent rise in living standards of those in the region's developing nations, the building and construction sector has been growing rapidly across the Asia Pacific region. In the Asia Pacific, this is increasing the demand for paints and coatings. The widespread use of paints and coatings in the building and automotive industries is a major factor driving the global market for them.

Market Dynamics

Global paints and coatings market has witnessed significant growth in recent past years, owing to rising emergence and rampant adoption of new coating technologies such as waterborne coatings, high-solids coatings, two-component systems, powder coatings, and radiation-curable coatings. This is expected to boost demand for paints and coatings in the near future.

Major players in the global paints and coatings market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end user industries such as transportation, automotive, furniture, packaging, metal manufacturing and others. This is expected to fuel the market growth during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of global paints and coatings market size (US$ Billion and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global paints and coatings market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study includes Akzo Nobel N.V., Asian Paints, Axalta Coating Systems, BASF SE, Berger Paints India Limited, Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company, Diamond Vogel Paints, Helios Group, KCC Corporation, Masco Corporation, Nippon Paint, and PPG Industries Inc.
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Product Type up-gradation, market expansion, and marketing tactics
  • Global Paints and coatings market report caters to various stakeholders in this industry including investors, suppliers, global paints and coatings manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global paints and coatings market

Detailed Segmentation:

  • Global Paints and Coatings Market, By Product Type:
    • High Solids/Radiation Cure
    • Powder Coatings
    • Waterborne Coatings
    • Solvent-borne Coatings
    • Others
  • Global Paints and Coatings Market, By Application:
    • Automotive & Aviation
    • Medical & Healthcare
    • Residential
    • Commercial
    • Others
  • Global Paints and Coatings Market, By Region:
    • North America
      • U.S.
      • Canada
    • Europe
      • France
      • Germany
      • U.K.
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • Australia
      • India
      • Rest of the Asia Pacific
      • Rest of the World
  • Company Profiles
    • Akzo Nobel N.V.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Asian Paints
    • Axalta Coating Systems
    • BASF SE
    • Berger Paints India Limited
    • Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company
    • Diamond Vogel Paints
    • Helios Group
    • KCC Corporation
    • Masco Corporation
    • Nippon Paint
    • PPG Industries Inc.

“*” marked represents similar segmentation in other categories in the respective.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trends
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launches
      • Promotion and Marketing Initiatives
  4. Global Paints and Coatings Market- Impact of Coronavirus (Covid-19) Pandemic
    • Overview
    • Factors Affecting Global Paint and Coating Market – COVID-19
    • Impact Analysis
  5. Global Paints and Coatings Market, By Product Type, 2017 – 2030, (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
      • Segment Trends
    • High Solids/Radiation Cure
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
    • Powder Coatings
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
    • Waterborne Coatings
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
    • Solvent-borne Coatings
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
    • Others
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
  6. Global Paints and Coatings Market, By Application, 2017 – 2030, (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
      • Segment Trends
    • Automotive & Aviation
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
    • Medical & Healthcare
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
    • Residential
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
    • Commercial
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
    • Others
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
  7. Global Paints and Coatings Market, By Region, 2017- 2030, (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, By Region, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 - 2030
    • North America
      • Market Share Analysis, By Country, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2030
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030, (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030, (US$ Billion and Kilo Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
    • Europe
      • Market Share Analysis, By Country, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2030
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • Poland
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • Rest of Europe
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2030
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
    • Rest of the World
      • Market Share Analysis, By Country/ Sub-region, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2017 - 2030
        • Country Trends
        • Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
        • Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
  8. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Akzo Nobel N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Asian Paints
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Axalta Coating Systems
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • BASF SE
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Berger Paints India Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Diamond Vogel Paints
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Helios Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • KCC Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Masco Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Nippon Paint
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • PPG Industries Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

Browse 45 market data tables* and 30 figures* on "Global Paints and Coatings Market” – Global forecast to 2030

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