Global Paints & Coatings Market Sees High Growth, States Koncept Analytics in In-demand Report Published at MarketPublishers.com20 Jul 2016 • by Natalie Aster
LONDON – The paints and coatings sector is seeing the increased demand from the architectural paints segment, whilst the market for protective coatings has been gathering rapid momentum. The key driver of the growth in the market has been the boom in the housing and construction sector that the world has been seeing, especially in the emerging countries of APAC region. Surging GDP, urban growth and soaring consumption spending have been amid the factors fuelling the sector’s growth. In the past few years, the worldwide paints & coatings market has taken advantage of low costs of raw materials and prices for crude oil; nevertheless, their gradual upheaval may enhance input costs and toss a challenge for the industry players.
Topical research report “Global Paints & Coatings Market: Industry Analysis & Outlook (2016-2020)” drawn up by Koncept Analytics gives an all-round overview of the paints & coatings marketplace. It provides the market segmentation based on general industrial, architectural, automotive OEM, packaging, protective & marine, refinish, and aerospace. The study provides a comprehensive examination of specific segments in tandem with their market value and forecast. The research publication casts light on the major trends, growth drivers and also burning issues currently being faced by the industry as well as scrutinises the competitive degree in the industry. It also takes a shrewd look at the recent developments with focus on 2 regions comprising India and the USA.
More studies by the publisher can be found at Koncept Analytics page.