The
global demand for the paints and coatings was valued at USD 100.3
billion in 2012 and is expected to reach USD 143.9 billion in 2019,
growing at a CAGR of 5.4% between 2013 and 2019.
Huge
building & construction industry coupled with growing
manufacturing activities in Asia Pacific has been driving the paints
and coatings market. The development of construction industry in the
Middle East, North Africa and South America is likely to be one of
the key factors driving the demand for paints and coatings over the
next few years. However, stringent environmental regulations for
paints and coatings industry, especially in Europe are expected to
restrain the growth of the market in the upcoming years. Although,
increasing demand for green coatings and nanocoatings are expected to
open opportunities for the growth of the market over the next few
years.
Browse
Global Paints and Coatings Market Report with Full TOC at
http://www.transparencymarketresearch.com/Paints-coatings-market.html
Waterborne
coatings were the most widely consumed paints and coatings and
accounted for around 40% of the global demand in 2012. The demand for
waterborne coatings was more owing to rise in demand from
residential, commercial and automotives & aviation end-users.
Solvent borne technologies are likely to lose market share owing to
various regulations associated with it regarding VOCs. However,
powder coatings are expected to show the fastest growth over the next
few years owing to their rising demand from automotive &
aviation, electronics, and construction industries.
Residential
buildings were the largest end-user for paints and coatings in 2012.
The paints and coatings are being widely used in architectural
coatings and decorative purposes. Commercial buildings were the
second largest end-user for paints and coatings and are likely to
show similar growth in the next few years.
Asia
Pacific dominated the paints and coatings market in 2012 followed by
Europe owing to the growth of automotives & aviation industry.
The RoW is expected to witness the highest growth within the forecast
period on account of growing automotives & aviation and
residential and commercial industries. The demand for paints and
coatings in The RoW is expected to grow at a CAGR of 5.8% between
2013 and 2019.
Request
for customization of this report
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1172
The
report gives a comprehensive view of the paints and coatings market
in terms of volume and revenue. In addition, the report includes
current demand analysis and forecast for each product and application
in North America, Europe, Asia Pacific and Rest of the World. The
report comprises of the following segments:
Paints
and Coatings Market: Product Segment Analysis
High
solids/radiation cure
Powder
coating
Waterborne
coating
Solvent-borne
technologies
Others
(Including specialty coatings, etc.)
Paints
and Coatings Market: End-user Analysis
Automotives
& aviation
Medical
& healthcare
Residential
Commercial
Others
(Including other industries, special purpose, etc.)
Paints
and Coatings Market: Regional Analysis
North
America
Europe
Asia-Pacific
Rest
of the World
Browse
Chemical & Materials Market Research Reports @
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
About
Us
Transparency
Market Research is a global market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. We are
privileged with highly experienced team of Analysts, Researchers, and
Consultants, who use proprietary data sources and various tools and
techniques to gather, and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Sheela
AK
90
Sate Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
Email:
sales@transparencymarketresearch.com
Web:
http://www.transparencymarketresearch.com/
0 comments:
Post a Comment