Technavio has been monitoring the paints and coatings market and it is poised to grow by USD 50.53 billion during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Paints and Coatings Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Paints and Coatings Market Download free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Akzo Nobel NV, BASF SE, Henkel AG Co. KGaA, Jotun AS, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., Sika AG, and The Sherwin-Williams Co. are some of the major market participants. The growth of the automotive industry will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growth of the automotive industry has been instrumental in driving the growth of the market.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/global-paints-and-coatings-market-industry-analysis
Paints and Coatings Market 2020-2024: Segmentation
Paints and Coatings Market is segmented as below:
Type
Acrylic Resins
Epoxy Resins
Alkyd Resins
Polyurethane Resins
Others
Technology
Water-based
Solvent-based
Others
Application
Architectural
Industrial
Geographic Landscape
APAC
Europe
MEA
North America
South America
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Paints and Coatings Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our paints and coatings market report covers the following areas:
Paints and Coatings Market Size
Paints and Coatings Market Trends
Paints and Coatings Market Industry Analysis
This study identifies the growing adoption of UV-curable coatings as one of the prime reasons driving the paints and coatings market growth during the next few years.
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Paints and Coatings Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist paints and coatings market growth during the next five years
Estimation of the paints and coatings market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the paints and coatings market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of paints and coatings market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
Preface
Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Value chain analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2019
Market outlook
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY RESIN TYPE
Market segmentation by resin type
Comparison by resin type
Acrylic resins Market size and forecast 2019-2024
Epoxy resins Market size and forecast 2019-2024
Alkyd resins Market size and forecast 2019-2024
Polyurethane resins Market size and forecast 2019-2024
Others Market size and forecast 2019-2024
Market opportunity by resin type
PART 07: MARKET SEGMENTATION BY TECHNOLOGY
Market segmentation by technology
Comparison by technology
Water-based Market size and forecast 2019-2024
Solvent-based Market size and forecast 2019-2024
Others Market size and forecast 2019-2024
Market opportunity by technology
PART 08: MARKET SEGMENTATION BY APPLICATION
Market segmentation by application
Comparison by application
Architectural Market size and forecast 2019-2024
Industrial Market size and forecast 2019-2024
Market opportunity by application
PART 09: CUSTOMER LANDSCAPE
PART 10: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC Market size and forecast 2019-2024
Europe Market size and forecast 2019-2024
North America Market size and forecast 2019-2024
MEA Market size and forecast 2019-2024
South America Market size and forecast 2019-2024
Key leading countries
Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 13: MARKET TRENDS
Growing adoption of UV-curable coatings
Implementation of solar reflective coatings
Increasing focus on bio-based and eco-friendly products
PART 14: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 15: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
3M Co.
Akzo Nobel NV
BASF SE
Henkel AG Co. KGaA
Jotun AS
Nippon Paint Holdings Co. Ltd.
PPG Industries Inc.
RPM International Inc.
Sika AG
The Sherwin-Williams Co.
PART 16: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 17: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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