SAN FRANCISCO, July 2, 2019 /PRNewswire/ -- Global Latex Paint Market is estimated to expand at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. Latex paint comprises all paints that are used in synthetic polymers such as styrene acrylic, vinyl acrylic (PVA), acrylic, etc. as binders.
Factors, such as increasing global construction and infrastructure activities, technological advancements. Cost-effectiveness of latex paint increased its demand among consumers. In addition, latex paint is water resistant, so most customers prefer external home structures particularly during rainy season. Moreover, growing preference for oil paints among customers is likely to boost the demand for latex paint.
Latex paint market situation market is segmented based on type as Universal Latex Paint, Interior Latex Paint, Antibacterial Latex Paint, and Anti-Fouling Latex Paint. Latex paint market situation market is segmented based on the application as Industrial, Construction, Transportation, and Others. The "Industrial" segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come.
Latex paint industry situation market is categorized based on geography into North America, Latin America, Japan, Middle East, and Africa, Western Europe, Asia Pacific, and Eastern Europe. Europe is a leading region in the market. It is likely to maintain dominance in the forecast period owing to factors, such as increasing demand from oil paint industry.
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Leading players operating in the latex paint industry situation market include Arkema SA, AkzoNobel N.V, PPG Industries, BASF SE, Asian Paints Limited, Benjamin Moore & Co, The Sherwin-Williams, Berger Paints India Limited, RPM International, Masco Corporation, DuPont Inc., Tikkurila, and Nippon Paint. The leading companies are involved in partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
The Global Latex Paint Industry Situation and Prospects Research report is a professional and in-depth study on the current state of the Latex Paint industry.
In 2016, the world economy expanded by just 2.2 per cent, the slowest rate of growth since the Great Recession of 2009. Underpinning the sluggish global economy are the feeble pace of global investment, dwindling world trade growth, flagging productivity growth and high levels of debt. World gross product is forecast to expand by 2.7 per cent in 2017 and 2.9 per cent in 2018, with this modest recovery more an indication of economic stabilization than a signal of a robust and sustained revival of global demand. Given the close linkages between demand, investment, trade and productivity, the extended episode of weak global growth may prove self-perpetuating in the absence of concerted policy efforts to revive investment and foster a recovery in productivity. This would impede progress towards the Sustainable Development Goals (SDGs), particularly the goals of eradicating extreme poverty and creating decent work for all.
For the sake of making you deeply understand the Latex Paint industry and meeting you needs to the report contents, Global Latex Paint Industry Situation and Prospects Research report will stands on the report reader's perspective to provide you a deeply analysis report with the integrity of logic and the comprehensiveness of contents. We promise that we will provide to the report reader a professional and in-depth industry analysis no matter you is the industry insider.
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Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Latex Paint market analysis is provided for the international market including development history, competitive landscape analysis, and major regions' development status.
Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions (North America, Europe, Japan, India, China and The rest of the world), and other regions can be added.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Latex Paint industry development trends and marketing channels are analyzed.
Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.
In a word, the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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