Paints & Coatings Market to Register 6.2% CAGR to 2024, Predicts Variant Market Research in Its Report Available at MarketPublishers.com15 Dec 2017 • by Natalie Aster
LONDON – Worldwide, the paints and coatings market is anticipated to reach USD 248.5 billion by 2024, posting a 6.2% CAGR.
The market is mainly driven by surging demand for paints & coatings from some end-use industries, like aerospace, automotive, construction, transportation, marine, packaging, and wood coatings, amid others. Different factors like the introduction of cost-effective and efficient products by top industry players, booming population and rising spending on construction in emerging economies are set to fuel the growth of the paints and coatings market in the offing.
Sherwin-Williams Company, PPG Industries, RPM International, The Jotun Group, Nippon Paint Holdings, Valspar Corporation, Axalta Coating Systems, Asian Paints Limited, and Kansai Paints, amid others, are the top players in the market space.
In-demand research study “Paints and Coatings Market (By Application, By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 – 2024” drawn up by Variant Market Research offers a profound analysis of the market scenario, landscape, dynamics and trends at different geographical levels.
The report provides comprehensive market segmentation based on application, and geography-wise. It includes an analysis of the actual trends, reliable data on the current and historical market size over 2015 – 2024 and CAGR from 2016 to 2014, for the entire market and each of its segments. The report limelights the market dynamics detecting key drivers and restraints, and major opportunities. The research study also provides detailed profiles of the 10 dominant players in the market, which covers key financials, product and service offerings, novel developments and business expansion strategies.
To find more in-demand market research reports visit Variant Market Research online page at MarketPublishers.com.