DUBLIN, May 06, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/4wd4m4/paints_and) has announced the addition of the "Paints & Coatings Market by Resin Type, by Technology, by Application - Global Forecast to 2020" report to their offering.
The paints & coatings market is estimated to reach around 60.8 million tons by volume by 2020, signifying a firm CAGR of around 5.5% between 2015 and 2020.
The global market, along with its applications, showed a moderate growth in the past few years and is estimated to continue in the coming years. An increase in the demand in waterborne coatings will be the key influencing factors for the global market. High demand for the architectural coatings for residential and non-residential application is expected to drive the overall market. The global market value of the paints and coatings market is projected to grow at a CAGR of around 5.0% to reach $181.3 billion from 2015 to 2020.
Currently, the Asia-Pacific region is the largest consumer of paints and coatings. The countries such as China, India, Vietnam, and Indonesia is expected to lead the Asia-Pacific market, with China having the largest share in the regional volumetric consumption of paints and coatings. The market volume is comparatively low in the RoW region, but the estimated growth for the region is second highest after Asia-Pacific.
The paints & coatings market in North America and the Europe are saturated in terms of market demands. The rising demand for use of water based technology has led the rapid growth in the market.
The significant paints & coatings manufacturers are Akzo Nobel NV (Netherlands), BASF SE (Germany), PPG Industries Inc. (U.S.), The Sherwin-Williams Company (U.S.), The Valspar Corporation (U.S.), Nippon Paint Co. Ltd (Japan), and Kansai Paint Co. Ltd. (Japan) and others.
This report covers the paints and coatings market by key regions and important countries in each of these regions. It also provides a detailed segmentation of the market on the basis of different resin type, technology, along with their key applications upto 2020.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Industry Trends
7. Paints & Coatings Market By Resin Type, 2020 (Value & Volume)
8. Paints & Coatings Market By Technology, 2020 (Value & Volume)
9. Paints & Coatings Market By Application, 2020 (Value & Volume)
10. Paints & Coatings Market By Geography, 2020 (Value & Volume)
11. Competitive Landscape
12. Company Profiles
- AKZO Nobel
- Asian Paints
- PPG Industries
For more information visit http://www.researchandmarkets.com/research/4wd4m4/paints_and
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SOURCE Research and Markets