Market Revenue Paints And Coatings Industry Porter’s Analysis | Page 2

Asia-Pacific’s paint and coating industry is anticipated to rise at a staggering CAGR in the forecast period due to
increase in demand for paint and coating products coupled with vast presence of paint manufacturers in these
regions. In addition, rise in commercial construction and related activities is likely to trigger the APAC market
growth.
North American and European markets are expected to gain a significant CAGR in the forecast period due to
stringent environmental norms and precaution against hazardous chemicals. Middle East and African regions
are likely to gain a positive traction in the forecast period due to rise in imex business. Besides, flexible pricing
coupled with ease of availability is also expected to stimulate the market growth in the near future. The key
players in the paint & coating market include PPG Industries, AkzoNobel, Sherwin-Williams Company, Axalta
Coating System, Valspar Corporation, Nippon Paint Holdings, Jotun Group and RPM International Inc.
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Market Segment:
Paints & Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• High solids/radiation curing
• Powder coatings
• Waterborne coatings
• Solvent-borne coatings
• Others
Paints & Coatings Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• Acrylic
• Alkyd
• Polyurethane
• Epoxy
• Polyesters
• Others
Paints & Coatings Application Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• Architectural & Decorative
• Non-architectural
• Automotive
• Wood