Paint Market Research
Paints and coatings are employed in various spheres of urban lifestyle, like architectural sector, automotive, etc. Rise in spending power and improved standard of living have led to an increase in consumption of paints and coatings.
The paints & coatings market consists of liquid and powder based paints, varnishes, and related products used for protective and decorative, industrial and automotive, specialty, or other purposes. It also consists of products such as interior and exterior paints, primers, sealers, aerosol paints, marine paints, high-performance maintenance coatings, and automotive refinish paints.
Research indicates that the global paints & coatings market shrank by 5.8% in 2009 to reach a value of $91.7 billion. In 2014, this market is forecast to have a value of $105.8 billion, an increase of 15.4% since 2009. The global paints & coatings market shrank by 4.2% in 2009 to reach a volume of 32.1 million tons. In 2014, the global paints & coatings market is forecast to have a volume of 35.8 million tons, an increase of 11.4% since 2009. Architectural & Decorative is the largest segment of the global paints & coatings market, accounting for 41.5% of the market’s total value. Asia-Pacific accounts for 41.5% of the global paints & coatings market value.
The Paint market research reports incorporate trend analysis, statistics, market size information, industry growth rates, as well as market share of competitors. The comprehensive research also goes on to examine details such as technology & systems and domestic & international markets.
The study is an essential resource for top-level data and analysis covering the paint industry. It includes detailed data on market size and segmentation, comprehensive analysis of the key trends and competitive landscape, and profiles of the leading comp