Global Paints and Coatings Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2019
DUBLIN, May 14, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/sb4b4l/paints_and) has announced the addition of the "Paints and Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering.
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The paints and coatings market comprises of several types of liquid and powder based varnishes and paints. Paints and coatings serve two primary functions, namely protection and decoration. Most of the paints and coatings are consumed in buildings & construction to protect and decorate various surfaces. Paints and coatings are used to increase surface resistance from weathering and rust, increasing the aesthetics, thus increasing the durability of structures, etc.
Paints and coatings such as fire retardant paints, luminous paints and anti-condensation paints are used to perform specific tasks in various industrial and residential applications. The paints and coatings are classified as High solids/radiation cure, Powder coatings, Waterborne coatings, Solvent borne technologies and Others (including specialty coatings, etc.). Waterborne coatings are the most used paints and coatings across various end-users.
Waterborne coatings are used by end-users such as buildings & construction, automotive & aviation, medical & healthcare and packaging among others. Solvent borne technologies are the second largest market for paints and coatings and finds applications in automotive & aviation, residential and commercial buildings among others. Market for powder coatings is expected to grow in the near future due to increasing demand from the electronics, automotive & aviation and medical and healthcare. Although, due to stringent environmental regulations high solids/radiation cure and powder based coatings are likely to gain more market share in upcoming years.
The global paints and coatings market is growing owing to the huge demand from building & construction industry. Growth in the buildings & construction sector coupled with huge demand for waterborne coatings has been driving the global paints and coatings market in the past few years. Additionally, growing manufacturing activities in Asia Pacific region has been driving the market in past few years.
However, the health and environmental concerns regarding the VOC content released from paints and coatings are anticipated to hamper the growth of the paints and coatings market. Increasing application scope of green coatings and nanocoatings market coupled with growing Middle East and North Africa paints and coatings market are expected to open opportunities for the growth of the market over the next few years.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Paints and Coatings - Industry Analysis
Chapter 4 Paints and Coatings Market - Product Segment Analysis
Chapter 5 Paints And Coatings Market - End-user Analysis
Chapter 6 Paints And Coatings Market - Regional Analysis
Chapter 7 Company Profiles
Companies Mentioned:
- Akzo Nobel N.V.
- Asian Paints
- Axalta Coating Systems
- BASF SE
- Berger Paints India Limited
- Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company
- Diamond Vogel Paints
- Dow Corning
- Helios Group
- KCC Corporation
- Masco Corporation
- Nippon Paint
- PPG Industries Inc.
- RPM International Inc.
- Sherwin-Williams Company
- The Valspar Corporation
- Tikkurila Oyj
For more information visit http://www.researchandmarkets.com/research/sb4b4l/paints_and
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
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