Market Revenue Paints And Coatings Industry Porter’s Analysis

Paints And Coatings Industry Porter’s Analysis, Value Chain,
Estimates Forecast 2014-2025
“Paints And Coatings Market is expected to cross USD 227.70 billion by 2025.
Paints and coatings enable better products that are durable, much attractive,
reliable, and highly saleable. Paints and coatings are looked upon as the
materials that add value to the finished products.”
The global Paints and Coatings Market is expected to cross USD 227.70 billion by 2025. Paints and coatings
enable better products that are durable, much attractive, reliable, and highly saleable. Paints and coatings are
looked upon as the materials that add value to the finished products. The paints and coatings serve three major
objectives; enabling aesthetic appeal or decorative value to surfaces and products, enabling protection from
damage from harsh environment, and tagging specific attributes to the product. Besides, paints and coatings
constitute a specific material and design with significant texture variables.
Paints and coatings industry is driven by factors such as rise in use of paint and coating in automotive,
construction, and marine industries. In addition, rise in innovation in manufacturing processes and derivation
of formulation technologies propel the market growth. The market witnesses remarkable trends such as
inception of nanotechnology in the paints and coating industry. However, increase in use of substitutes,
wallpapers, and significant costs associated with paint related activities is likely to hamper the market growth
in the near future.
Product segment for paint and coating market includes waterborne formulations, water-based coats and water
based polyurethane. End-use segmentation for paints & coatings industry comprises general industries,
automotive, wood, aerospace, and marine. Geographical segmentation for paints and coatings market includes
North America, South America, Europe, Asia-Pacific, Middle East and Africa.
Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/paints-coatings-market/request-sample