Chemical & Materials Trending Top 10 High Growth Paints & Coatings Market | Page 4

Drivers & Restrain
• The global top 10 growing paints & coating market is primarily driven by the increasing use of
waterborne coatings for performance and environmental reasons.
• The global paints & coatings market is growing owing to the increasing demand from the building
& construction industry.
• High demand for waterborne coatings has also been driving the architectural coatings market for
the past few years.
• Though the paints & coatings market is gaining importance, factors such as the health and
environmental concerns faced due to the release of VOC content in the environment are likely to
hamper the growth of the solvent-borne paints & coatings segment, subsequently hindering the
growth of paints & coatings market.
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