Paints and Coatings, U.S. Market 2nd Edition
The U.S. paints and coatings market includes a wide range of solvent-based and water-based formulas, as well as powder coatings. These coating mixtures are specifically suited for a wide range of applications and include: architectural paints and coatings used in the building, maintenance and remodeling of residential and non-residential buildings; automobile paints and coatings applied in the original manufacture and in the repair and maintenance processes; specialty paints and coatings used in the marine, aerospace, roads and bridges industries; industrial paints and coatings that help to protect and identify large machinery, equipment parts, coils and sheets; and paints and coverings used in original equipment manufacturing, such as furniture, appliances and packaging finishes.
SBI estimates the U.S. paints and coatings market in 2011 to be valued at $22.1 billion. Although growth from 2007 to 2011 was less than exciting, it is expected the market will benefit from the reviving U.S. economy, as well as a number of other factors, and will near $30 billion in 2021.
Many factors are paving the way for the U.S. paints and coatings market. As the number of construction projects increases, consumers resume their spending and as the demand for industrial production is raised, the paints and coatings market will benefit. At the same time, there are a number of factors inhibiting market growth, such as more stringent environmental regulations and higher prices of base ingredients. While some of these factors may not affect the paints and coatings market as a whole, specific segments of the market may be influenced.
In 2011, solvent-based paints and coatings are calculated to have claimed nearly 80% of the paints and coatings market. In 2021 it is projected this segment will have lost some share to water-based paints, as Americans seek ways to reduce air pollutants and look out for their own health.
A push to go green has inspired a whole new breed of paints and coatings. Emerging environmentally friendly products include everything from VOC-free and allergy sensitive interior house paints to self-repairing automobile paints and exterior architectural paints that reflect sunlight. This greening trend will likely continue for some time, especially since these friendlier coatings often help to save money as well.
The U.S. Market for Paints and Coatings contains comprehensive historical data (2007-2011) and forecast data (2012-2021) for the paints and coatings market, including the industry’s sub-segments divided by application and type. This report identifies key trends and factors (such as the regulatory scene, new technologies, employment opportunities and economic drivers and challenges), which affect the size and direction of market growth in the United States. Profiles of more than 15 major – or particularly interesting – companies involved in the industry are also included in this report.
SBI estimates the U.S. paints and coatings market in 2011 to be valued at $22.1 billion. Although growth from 2007 to 2011 was less than exciting, it is expected the market will benefit from the reviving U.S. economy, as well as a number of other factors, and will near $30 billion in 2021.
Many factors are paving the way for the U.S. paints and coatings market. As the number of construction projects increases, consumers resume their spending and as the demand for industrial production is raised, the paints and coatings market will benefit. At the same time, there are a number of factors inhibiting market growth, such as more stringent environmental regulations and higher prices of base ingredients. While some of these factors may not affect the paints and coatings market as a whole, specific segments of the market may be influenced.
In 2011, solvent-based paints and coatings are calculated to have claimed nearly 80% of the paints and coatings market. In 2021 it is projected this segment will have lost some share to water-based paints, as Americans seek ways to reduce air pollutants and look out for their own health.
A push to go green has inspired a whole new breed of paints and coatings. Emerging environmentally friendly products include everything from VOC-free and allergy sensitive interior house paints to self-repairing automobile paints and exterior architectural paints that reflect sunlight. This greening trend will likely continue for some time, especially since these friendlier coatings often help to save money as well.
The U.S. Market for Paints and Coatings contains comprehensive historical data (2007-2011) and forecast data (2012-2021) for the paints and coatings market, including the industry’s sub-segments divided by application and type. This report identifies key trends and factors (such as the regulatory scene, new technologies, employment opportunities and economic drivers and challenges), which affect the size and direction of market growth in the United States. Profiles of more than 15 major – or particularly interesting – companies involved in the industry are also included in this report.
CHAPTER 1: EXECUTIVE SUMMARY
Report Scope
Report Methodology
Data Methodology
Introduction
Paint Applications
Types of Paints and Coatings
Paint Quality
Market Size and Growth
U.S. Paints and Coatings Market Totals $22.1 Billion in 2011
Figure 1-1 Total Value of U.S. Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 1-2 Total Volume of U.S. Paints and Coatings Market In Million Gallons (2007-2011)
Water-based Paints and Coatings Experience Hefty Growth
Figure 1-3 Value of U.S. Water-based Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 1-4 Volume of U.S. Water-based Paints and Coatings Market In Million Gallons (2007-2011)
U.S. Paints and Coatings Market to Near $30 Billion in 2021
Figure 1-5 Total Value of U.S. Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 1-6 Total Volume of U.S. Paints and Coatings Market In Million Gallons (2011-2021)
Water-based Paints Climb to a $5.97 Billion Value in 2021
Figure 1-7 Value of U.S. Water-based Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 1-8 Volume of U.S. Water-based Paints and Coatings Market In Million Gallons (2011-2021)
Factors in Market Size and Growth
A Handful of Companies Dominate Market
A Rise in Health Consciousness Pushes for Green Paints and Coatings
Automotive Industry May Move Towards Water-Based Paints
New Technologies Spur Market Growth
Paint Products Must Pass Rigid Testing for Some Applications
Technological Advances and Schemes
Smart Paints and Coatings
Corr-Paint™ High Temperature Coating
Dunn-Edwards Zero-VOC Colorants
Many Types of Employees in Paints and Coatings Industry
Approximately 345,137 Employed in Paints and Coatings Market
Figure 1-9 Employees in U.S. Paints and Coatings Industry (2007-2011)
CHAPTER 2: INTRODUCTION
Report Scope
Report Methodology
Paint Applications
Types of Paints and Coatings
Raw Paint Ingredients
Paint Quality
The Evolution of Paint
CHAPTER 3: MARKET SIZE AND GROWTH
Data Methodology
Market Size and Growth
Historic Growth in U.S. Paints and Coatings Market
U.S. Paints and Coatings Market Totals $22.1 Billion in 2011
Figure 3-1 Total Value of U.S. Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-2 Total Volume of U.S. Paints and Coatings Market In Million Gallons (2007-2011)
Paints and Coatings by Application: Historic Data
Architectural Paints and Coatings Reach $10.51 Billion in 2011
Figure 3-3 Value of U.S. Architectural Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-4 Volume of U.S. Architectural Paints and Coatings Market In Million Gallons (2007-2011)
Paints and Coatings for OEMs Calculated at $4.85 Billion in 2011
Figure 3-5 Value of U.S. OEM Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-6 Volume of U.S. OEM Paints and Coatings Market In Million Gallons (2007-2011)
Specialty Paints and Coatings Estimated at $3.98 Billion in 2011
Figure 3-7 Value of U.S. Specialty Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-8 Volume of U.S. Specialty Paints and Coatings Market In Million Gallons (2007-2011)
Automotive Paints and Coatings Rests at $1.26 Billion in 2011
Figure 3-9 Value of U.S. Automotive Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-10 Volume of U.S. Automotive Paints and Coatings Market In Million Gallons (2007-2011)
Industrial Paints and Coatings Claim $1.5 Billion in 2011
Figure 3-11 Value of U.S. Industrial Paints and Coatings Market
In Billion Dollars (2007-2011)
Figure 3-12 Volume of U.S. Industrial Paints and Coatings Market In Million Gallons (2007-2011)
Paints and Coatings by Type: Historic Data
Solvent-based Paints Claim A $17.61 Billion Value in 2011
Figure 3-13 Value of U.S. Solvent-based Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-14 Volume of U.S. Solvent-based Paints and Coatings Market In Million Gallons (2007-2011)
Water-based Paints and Coatings Experience Hefty Growth
Figure 3-15 Value of U.S. Water-based Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-16 Volume of U.S. Water-based Paints and Coatings Market In Million Gallons (2007-2011)
Powder Coatings Valued at $.84 Billion in 2011
Figure 3-17 Value of U.S. Powder Coatings Market In Billion Dollars (2007-2011)
Figure 3-18 Volume of U.S. Powder Coatings Market In Million Gallons (2007-2011)
Projected Growth in U.S. Paints and Coatings Market
U.S. Paints and Coatings Market to Near $30 Billion in 2021
Figure 3-19 Total Value of U.S. Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-20 Total Volume of U.S. Paints and Coatings Market In Million Gallons (2011-2021)
Paints and Coatings by Application: Projections
Architectural Paints Account for $15.29 Billion in 2021
Figure 3-21 Value of U.S. Architectural Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-22 Volume of U.S. Architectural Paints and Coatings Market In Million Gallons (2011-2021)
OEM Paints and Coatings Approach $6.3 Billion in 2021
Figure 3-23 Value of U.S. OEM Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-24 Volume of U.S. OEM Paints and Coatings Market In Million Gallons (2011-2021)
Specialty Paints and Coatings Ascends to $4.89 Billion in 2021
Figure 3-25 Value of U.S. Specialty Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-26 Volume of U.S. Specialty Paints and Coatings Market In Million Gallons (2011-2021)
Automotive Paints and Coatings Total $1.61 Billion in 2021
Figure 3-27 Value of U.S. Automotive Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-28 Volume of U.S. Automotive Paints and Coatings Market In Million Gallons (2011-2021)
Industrial Paints and Coatings Settle at $1.76 Billion in 2021
Figure 3-29 Value of U.S. Industrial Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-30 Volume of U.S. Industrial Paints and Coatings Market In Million Gallons (2011-2021)
Paints and Coatings by Type: Projections
Solvent-based Paints Slide into 2021 with a $22.6 Market Value
Figure 3-31 Value of U.S. Solvent-based Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-32 Volume of U.S. Solvent-based Paints and Coatings Market In Million Gallons (2011-2021)
Water-based Paints Climb to a $5.97 Billion Value in 2021
Figure 3-33 Value of U.S. Water-based Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-34 Volume of U.S. Water-based Paints and Coatings Market In Million Gallons (2011-2021)
Powder Coatings Maintain Market Niche in 2021
Figure 3-35 Value of U.S. Powder Coatings Market In Billion Dollars (2011-2021)
Figure 3-36 Volume of U.S. Powder Coatings Market In Million Gallons (2011-2021)
California and Florida Dominate Paints and Coatings Market
Figure 3-37 Paints and Coatings Market Regional Market Share, in Value, 2011
Figure 3-38 Paints and Coatings Market, Top Ten U.S. States In Value (2007)
Figure 3-39 Paints and Coatings Market, Top Ten U.S. States In Volume (2007)
Figure 3-40 Paints and Coatings Market, Top Ten U.S. States In Value (2011)
Figure 3-41 Paints and Coatings Market, Top Ten U.S. States In Volume (2011)
Figure 3-42 Paints and Coatings Market, Top Ten U.S. States In Value (2016)
Figure 3-43 Paints and Coatings Market, Top Ten U.S. States In Volume (2016)
Figure 3-44 Paints and Coatings Market, Top Ten U.S. States In Value (2021)
Figure 3-45 Paints and Coatings Market, Top Ten U.S. States In Volume (2021)
Table 3-1 Value of Paints and Coatings, Top Ten U.S. States In Billion Dollars (2007-2021)
Table 3-2 Volume of Paints and Coatings, Top Ten U.S. States In Million Gallons (2007-2021)
Regional Demand for Architectural Paints
Figure 3-46 Regional Demand for Architectural Paints, Top Ten States 2007 (in Million Gallons)
Figure 3-47 Regional Demand for Architectural Paints, Top Ten States 2011 (in Million Gallons)
Figure 3-48 Regional Demand for Architectural Paints, Top Ten States 2016 (in Million Gallons)
Figure 3-49 Regional Demand for Architectural Paints, Top Ten States 2021 (in Million Gallons)
Table 3-3 Regional Demand for Architectural Paints, Top Twenty States 2007 - 2021 (in Million Gallons)
Raw Materials in the Paints and Coatings Market
Figure 3-50 Raw Materials in U.S. Paints and Coatings Market Percent Share, in Value (2011)
Figure 3-51 Raw Materials in U.S. Paints and Coatings Market Percent Share, in Volume (2011)
CHAPTER 4: FACTORS IN MARKET SIZE AND GROWTH
Overview of Segment-Specific Market Size and Growth Factors
Overview of U.S. Paints and Coatings Market by Application
Overview of U.S. Paints and Coatings Market: by Type
Industry Trends and Factors Guiding Market Growth
A Handful of Companies Dominate Market
Paints and Coatings Industry Riddled with Acquisitions and Mergers
U.S. Imports and Exports Small Amount of Paints and Coatings
A Rise in Health Consciousness Pushes for Green Paints and Coatings
The Three Rs Find their Way into the Paint Industry
A Glimpse around the World
Automotive Industry May Move Towards Water-Based Paints
Factors Inspiring Growth
U.S. Population Growth
U.S. Economy Makes a Comeback
Increased Construction Demands More Paint
New Technologies Spur Market Growth
Paints and Coatings Associations Help Propel Market
Factors Inhibiting Growth
Increased Regulations Raise Manufacturing Costs, Restrict Growth
Paint Products Must Pass Rigid Testing for Some Applications
Raw Material Supply and Costs Weigh on Paint Industry
Vinyl Siding Decreases Need for Residential Exterior Paint in Short Term
CHAPTER 5: INNOVATIVE PRODUCTS AND TECHNOLOGIES
New Technologies Emerge in Paints and Coatings Industry
Smart Paints and Coatings
Antimicrobial Paints and Coatings
Corr-Paint™ High Temperature Coating
Sherwin’s Emerald™ and ColorCast Eco Toners™ Paints
BASF’s CathoGuard 800 and 900 Contain Few Solvents
Dunn-Edwards Zero-VOC Colorants
PyroPaint™ by Aremco
AkzoNobel Teams Up with Peugeot
Evoque’s Pre-composite Polymer Technology
Sherwin’s Zinc Clad DOT for Bridges
PPG’s Enviro-Prime Does Away with Lead
Sherwin-Williams’ 3425E Static Control Water-Based Formulas
DuPont’s EcoConcept Finishing System Saves Paint
BASF’s XFine Receives Award
Daimler Presents BASF’s iGloss Technology
GM’s new Three-wet Process Helps Reduce GHG Emissions
Kelly-Moore’s Enviro Coat Reflective 1545 Reflects Sun’s Heat
Valspar Creates Allergy-friendly Paint
Chesapeake Bay Coatings Eases Purchase of Military Coatings
CHAPTER 6: EMPLOYMENT AND EDUCATION OPPORTUNITIES
Many Types of Employees in Paints and Coatings Industry
Approximately 345,137 Employed in Paints and Coatings Market
Figure 6-1 Employees in U.S. Paints and Coatings Industry (2007-2011)
Figure 6-2 Employees in U.S. Paints and Coatings Industry (2011-2021)
Wide Range of Salary Levels and Experience Requirements
Employees Scattered Unequally Throughout United States
Salaries Vary Between States
Coatings Institute’s Five Day Workshop
School of Polymers and High Performance Materials Hosts Symposium
PPG Cuts 2,000 Jobs
CHAPTER 7: COMPANY PROFILES
Company Profiles
Akzo Nobel N.V.
Table 8-1 Akzo Nobel N.V. Profile
Corporate Overview
Financial Overview
AkzoNobel’s Paints and Coatings
AkzoNobel Consolidates its Brands
AkzoNobel Opens New Research Lab in the U.K.
AkzoNobel Launches InterponBuildings Website
AkzoNobel Teams Up with Peugeot
AkzoNobel’s New Products
AkzoNobel Coats India’s First Formula-1 Grand Prix Circuit
AkzoNobel Teams Up with BioCote for Antimicrobial Technology
Aremco Products, Inc.
Table 8-2 Aremco Products, Inc. Profile
Corporate Overview
Financial Performance
Paints and Coatings Products
Aremco’s Corr-Paint Ideal for High Heat Applications
PyroPaint™ by Aremco
BASF SE
Table 8-3 BASF SE Profile
Corporate Overview
Financial Performance
BASF’s XFine Receives Award
Daimler Presents BASF’s iGloss Technology
BASF’s CathoGuard 800 and 900 Contain Few Solvents
Benjamin Moore & Co.
Table 8-4 Benjamin Moore & Co. Profile
Corporate Overview
Financial Performance
Benjamin Moore’s Paints and Coatings Products
Chesapeake Bay Coatings, Inc.
Table 8-5 Chesapeake Bay Coatings, Inc. Profile
Corporate Overview
Financial Performance
Chesapeake Bay Coatings Expands Shipping Capabilities
E.I. du Pont de Nemours and Co. (Dupont)
Table 8-6 E.I. du Pont de Nemours and Co. (Dupont) Profile
Corporate Overview
Financial Performance
Dupont Paints and Coatings
Kelly-Moore Paint Company, Inc
Table 8-7 Kelly-Moore Paint Company, Inc. Profile
Corporate Overview
Financial Performance
Kelly-Moore’s Enviro Coat Reflective 1545 Reflects Sun’s Heat
Kelly-Moore’s VOC-free Colorants
Kelly-Moore Focuses on the Environment
Nippon Paint Co., Ltd.
Table 8-8 Nippon Paint Co., Ltd. Profile
Corporate Overview
Financial Performance
NipponPaint Products in the United States
Nippon Opens New Plant in China
Nippon Targets Pakistan and Singapore
Nippon Invests in Thai Paint Market
Polibrid Coatings, Inc.
Table 8-9 Polibrid Coatings, Inc. Profile
Corporate Overview & Products
Financial Performance
Polibrid Teams Up with International Paint
PPG Industries, Inc.
Table 8-10 PPG Industries, Inc. Profile
Corporate Overview
Financial Performance
PPG Paints and Coatings Products
PPG’s Enviro-Prime Does Away with Lead
PPG Wins Award for its Marine Coatings Business
Caterpillar, Inc., Chooses PPG for Paint Supply
PPG Has Stakes in Columbia
PPG Cuts 2,000 Jobs
RPM International, Inc.
Table 8-11 RPM International, Inc. Profile
Corporate Overview
Financial Performance
RPM’s Fire-proof Coating
Rust-Oleum Triples Market Share in Two Years
RPM Acquires Australian Auto Repair and Industrial Coatings Company
Sherwin-Williams Co.
Table 8-12 Sherwin-Williams Co. Profile
Corporate Overview
Financial Performance
Sherwin-Williams Paints and Coatings Products
The Latin America Coatings Group
Sherwin’s Emerald™ and ColorCast Eco Toners™ Paints
Sherwin’s Zinc Clad DOT for Bridges
Sherwin’s 3425E Static Control Water-Based Epoxy
Harmony® Paint and Others Re-designed
Formaldehyde-free Varnish
Air-dry Technology Reduces Energy Consumption
Sherwin-Williams Undertakes Large Projects Overseas
Sherwin-Williams Teams Up with Choice Hotel
Southern Paint and Powder Coating Company, Inc.
Table 8-13 Southern Paint and Powder Coatings Company, Inc. Profile
Corporate Overview
Financial Performance
Sumter Coatings, Inc.
Table 8-14 Sumter Coatings, Inc. Profile
Corporate Overview & Product Offerings
Financial Performance
The Valspar Corp.
Table 8-15 The Valspar Corp. Profile
Corporate Overview
Financial Performance
Valspar Creates Allergy Friendly Paint
Valspar Opens Technology Center in China
Valspar Expands into Brazilian and Australian Markets
APPENDIX: ADDRESSES OF SELECTED MARKETERS
Report Scope
Report Methodology
Data Methodology
Introduction
Paint Applications
Types of Paints and Coatings
Paint Quality
Market Size and Growth
U.S. Paints and Coatings Market Totals $22.1 Billion in 2011
Figure 1-1 Total Value of U.S. Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 1-2 Total Volume of U.S. Paints and Coatings Market In Million Gallons (2007-2011)
Water-based Paints and Coatings Experience Hefty Growth
Figure 1-3 Value of U.S. Water-based Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 1-4 Volume of U.S. Water-based Paints and Coatings Market In Million Gallons (2007-2011)
U.S. Paints and Coatings Market to Near $30 Billion in 2021
Figure 1-5 Total Value of U.S. Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 1-6 Total Volume of U.S. Paints and Coatings Market In Million Gallons (2011-2021)
Water-based Paints Climb to a $5.97 Billion Value in 2021
Figure 1-7 Value of U.S. Water-based Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 1-8 Volume of U.S. Water-based Paints and Coatings Market In Million Gallons (2011-2021)
Factors in Market Size and Growth
A Handful of Companies Dominate Market
A Rise in Health Consciousness Pushes for Green Paints and Coatings
Automotive Industry May Move Towards Water-Based Paints
New Technologies Spur Market Growth
Paint Products Must Pass Rigid Testing for Some Applications
Technological Advances and Schemes
Smart Paints and Coatings
Corr-Paint™ High Temperature Coating
Dunn-Edwards Zero-VOC Colorants
Many Types of Employees in Paints and Coatings Industry
Approximately 345,137 Employed in Paints and Coatings Market
Figure 1-9 Employees in U.S. Paints and Coatings Industry (2007-2011)
CHAPTER 2: INTRODUCTION
Report Scope
Report Methodology
Paint Applications
Types of Paints and Coatings
Raw Paint Ingredients
Paint Quality
The Evolution of Paint
CHAPTER 3: MARKET SIZE AND GROWTH
Data Methodology
Market Size and Growth
Historic Growth in U.S. Paints and Coatings Market
U.S. Paints and Coatings Market Totals $22.1 Billion in 2011
Figure 3-1 Total Value of U.S. Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-2 Total Volume of U.S. Paints and Coatings Market In Million Gallons (2007-2011)
Paints and Coatings by Application: Historic Data
Architectural Paints and Coatings Reach $10.51 Billion in 2011
Figure 3-3 Value of U.S. Architectural Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-4 Volume of U.S. Architectural Paints and Coatings Market In Million Gallons (2007-2011)
Paints and Coatings for OEMs Calculated at $4.85 Billion in 2011
Figure 3-5 Value of U.S. OEM Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-6 Volume of U.S. OEM Paints and Coatings Market In Million Gallons (2007-2011)
Specialty Paints and Coatings Estimated at $3.98 Billion in 2011
Figure 3-7 Value of U.S. Specialty Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-8 Volume of U.S. Specialty Paints and Coatings Market In Million Gallons (2007-2011)
Automotive Paints and Coatings Rests at $1.26 Billion in 2011
Figure 3-9 Value of U.S. Automotive Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-10 Volume of U.S. Automotive Paints and Coatings Market In Million Gallons (2007-2011)
Industrial Paints and Coatings Claim $1.5 Billion in 2011
Figure 3-11 Value of U.S. Industrial Paints and Coatings Market
In Billion Dollars (2007-2011)
Figure 3-12 Volume of U.S. Industrial Paints and Coatings Market In Million Gallons (2007-2011)
Paints and Coatings by Type: Historic Data
Solvent-based Paints Claim A $17.61 Billion Value in 2011
Figure 3-13 Value of U.S. Solvent-based Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-14 Volume of U.S. Solvent-based Paints and Coatings Market In Million Gallons (2007-2011)
Water-based Paints and Coatings Experience Hefty Growth
Figure 3-15 Value of U.S. Water-based Paints and Coatings Market In Billion Dollars (2007-2011)
Figure 3-16 Volume of U.S. Water-based Paints and Coatings Market In Million Gallons (2007-2011)
Powder Coatings Valued at $.84 Billion in 2011
Figure 3-17 Value of U.S. Powder Coatings Market In Billion Dollars (2007-2011)
Figure 3-18 Volume of U.S. Powder Coatings Market In Million Gallons (2007-2011)
Projected Growth in U.S. Paints and Coatings Market
U.S. Paints and Coatings Market to Near $30 Billion in 2021
Figure 3-19 Total Value of U.S. Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-20 Total Volume of U.S. Paints and Coatings Market In Million Gallons (2011-2021)
Paints and Coatings by Application: Projections
Architectural Paints Account for $15.29 Billion in 2021
Figure 3-21 Value of U.S. Architectural Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-22 Volume of U.S. Architectural Paints and Coatings Market In Million Gallons (2011-2021)
OEM Paints and Coatings Approach $6.3 Billion in 2021
Figure 3-23 Value of U.S. OEM Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-24 Volume of U.S. OEM Paints and Coatings Market In Million Gallons (2011-2021)
Specialty Paints and Coatings Ascends to $4.89 Billion in 2021
Figure 3-25 Value of U.S. Specialty Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-26 Volume of U.S. Specialty Paints and Coatings Market In Million Gallons (2011-2021)
Automotive Paints and Coatings Total $1.61 Billion in 2021
Figure 3-27 Value of U.S. Automotive Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-28 Volume of U.S. Automotive Paints and Coatings Market In Million Gallons (2011-2021)
Industrial Paints and Coatings Settle at $1.76 Billion in 2021
Figure 3-29 Value of U.S. Industrial Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-30 Volume of U.S. Industrial Paints and Coatings Market In Million Gallons (2011-2021)
Paints and Coatings by Type: Projections
Solvent-based Paints Slide into 2021 with a $22.6 Market Value
Figure 3-31 Value of U.S. Solvent-based Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-32 Volume of U.S. Solvent-based Paints and Coatings Market In Million Gallons (2011-2021)
Water-based Paints Climb to a $5.97 Billion Value in 2021
Figure 3-33 Value of U.S. Water-based Paints and Coatings Market In Billion Dollars (2011-2021)
Figure 3-34 Volume of U.S. Water-based Paints and Coatings Market In Million Gallons (2011-2021)
Powder Coatings Maintain Market Niche in 2021
Figure 3-35 Value of U.S. Powder Coatings Market In Billion Dollars (2011-2021)
Figure 3-36 Volume of U.S. Powder Coatings Market In Million Gallons (2011-2021)
California and Florida Dominate Paints and Coatings Market
Figure 3-37 Paints and Coatings Market Regional Market Share, in Value, 2011
Figure 3-38 Paints and Coatings Market, Top Ten U.S. States In Value (2007)
Figure 3-39 Paints and Coatings Market, Top Ten U.S. States In Volume (2007)
Figure 3-40 Paints and Coatings Market, Top Ten U.S. States In Value (2011)
Figure 3-41 Paints and Coatings Market, Top Ten U.S. States In Volume (2011)
Figure 3-42 Paints and Coatings Market, Top Ten U.S. States In Value (2016)
Figure 3-43 Paints and Coatings Market, Top Ten U.S. States In Volume (2016)
Figure 3-44 Paints and Coatings Market, Top Ten U.S. States In Value (2021)
Figure 3-45 Paints and Coatings Market, Top Ten U.S. States In Volume (2021)
Table 3-1 Value of Paints and Coatings, Top Ten U.S. States In Billion Dollars (2007-2021)
Table 3-2 Volume of Paints and Coatings, Top Ten U.S. States In Million Gallons (2007-2021)
Regional Demand for Architectural Paints
Figure 3-46 Regional Demand for Architectural Paints, Top Ten States 2007 (in Million Gallons)
Figure 3-47 Regional Demand for Architectural Paints, Top Ten States 2011 (in Million Gallons)
Figure 3-48 Regional Demand for Architectural Paints, Top Ten States 2016 (in Million Gallons)
Figure 3-49 Regional Demand for Architectural Paints, Top Ten States 2021 (in Million Gallons)
Table 3-3 Regional Demand for Architectural Paints, Top Twenty States 2007 - 2021 (in Million Gallons)
Raw Materials in the Paints and Coatings Market
Figure 3-50 Raw Materials in U.S. Paints and Coatings Market Percent Share, in Value (2011)
Figure 3-51 Raw Materials in U.S. Paints and Coatings Market Percent Share, in Volume (2011)
CHAPTER 4: FACTORS IN MARKET SIZE AND GROWTH
Overview of Segment-Specific Market Size and Growth Factors
Overview of U.S. Paints and Coatings Market by Application
Overview of U.S. Paints and Coatings Market: by Type
Industry Trends and Factors Guiding Market Growth
A Handful of Companies Dominate Market
Paints and Coatings Industry Riddled with Acquisitions and Mergers
U.S. Imports and Exports Small Amount of Paints and Coatings
A Rise in Health Consciousness Pushes for Green Paints and Coatings
The Three Rs Find their Way into the Paint Industry
A Glimpse around the World
Automotive Industry May Move Towards Water-Based Paints
Factors Inspiring Growth
U.S. Population Growth
U.S. Economy Makes a Comeback
Increased Construction Demands More Paint
New Technologies Spur Market Growth
Paints and Coatings Associations Help Propel Market
Factors Inhibiting Growth
Increased Regulations Raise Manufacturing Costs, Restrict Growth
Paint Products Must Pass Rigid Testing for Some Applications
Raw Material Supply and Costs Weigh on Paint Industry
Vinyl Siding Decreases Need for Residential Exterior Paint in Short Term
CHAPTER 5: INNOVATIVE PRODUCTS AND TECHNOLOGIES
New Technologies Emerge in Paints and Coatings Industry
Smart Paints and Coatings
Antimicrobial Paints and Coatings
Corr-Paint™ High Temperature Coating
Sherwin’s Emerald™ and ColorCast Eco Toners™ Paints
BASF’s CathoGuard 800 and 900 Contain Few Solvents
Dunn-Edwards Zero-VOC Colorants
PyroPaint™ by Aremco
AkzoNobel Teams Up with Peugeot
Evoque’s Pre-composite Polymer Technology
Sherwin’s Zinc Clad DOT for Bridges
PPG’s Enviro-Prime Does Away with Lead
Sherwin-Williams’ 3425E Static Control Water-Based Formulas
DuPont’s EcoConcept Finishing System Saves Paint
BASF’s XFine Receives Award
Daimler Presents BASF’s iGloss Technology
GM’s new Three-wet Process Helps Reduce GHG Emissions
Kelly-Moore’s Enviro Coat Reflective 1545 Reflects Sun’s Heat
Valspar Creates Allergy-friendly Paint
Chesapeake Bay Coatings Eases Purchase of Military Coatings
CHAPTER 6: EMPLOYMENT AND EDUCATION OPPORTUNITIES
Many Types of Employees in Paints and Coatings Industry
Approximately 345,137 Employed in Paints and Coatings Market
Figure 6-1 Employees in U.S. Paints and Coatings Industry (2007-2011)
Figure 6-2 Employees in U.S. Paints and Coatings Industry (2011-2021)
Wide Range of Salary Levels and Experience Requirements
Employees Scattered Unequally Throughout United States
Salaries Vary Between States
Coatings Institute’s Five Day Workshop
School of Polymers and High Performance Materials Hosts Symposium
PPG Cuts 2,000 Jobs
CHAPTER 7: COMPANY PROFILES
Company Profiles
Akzo Nobel N.V.
Table 8-1 Akzo Nobel N.V. Profile
Corporate Overview
Financial Overview
AkzoNobel’s Paints and Coatings
AkzoNobel Consolidates its Brands
AkzoNobel Opens New Research Lab in the U.K.
AkzoNobel Launches InterponBuildings Website
AkzoNobel Teams Up with Peugeot
AkzoNobel’s New Products
AkzoNobel Coats India’s First Formula-1 Grand Prix Circuit
AkzoNobel Teams Up with BioCote for Antimicrobial Technology
Aremco Products, Inc.
Table 8-2 Aremco Products, Inc. Profile
Corporate Overview
Financial Performance
Paints and Coatings Products
Aremco’s Corr-Paint Ideal for High Heat Applications
PyroPaint™ by Aremco
BASF SE
Table 8-3 BASF SE Profile
Corporate Overview
Financial Performance
BASF’s XFine Receives Award
Daimler Presents BASF’s iGloss Technology
BASF’s CathoGuard 800 and 900 Contain Few Solvents
Benjamin Moore & Co.
Table 8-4 Benjamin Moore & Co. Profile
Corporate Overview
Financial Performance
Benjamin Moore’s Paints and Coatings Products
Chesapeake Bay Coatings, Inc.
Table 8-5 Chesapeake Bay Coatings, Inc. Profile
Corporate Overview
Financial Performance
Chesapeake Bay Coatings Expands Shipping Capabilities
E.I. du Pont de Nemours and Co. (Dupont)
Table 8-6 E.I. du Pont de Nemours and Co. (Dupont) Profile
Corporate Overview
Financial Performance
Dupont Paints and Coatings
Kelly-Moore Paint Company, Inc
Table 8-7 Kelly-Moore Paint Company, Inc. Profile
Corporate Overview
Financial Performance
Kelly-Moore’s Enviro Coat Reflective 1545 Reflects Sun’s Heat
Kelly-Moore’s VOC-free Colorants
Kelly-Moore Focuses on the Environment
Nippon Paint Co., Ltd.
Table 8-8 Nippon Paint Co., Ltd. Profile
Corporate Overview
Financial Performance
NipponPaint Products in the United States
Nippon Opens New Plant in China
Nippon Targets Pakistan and Singapore
Nippon Invests in Thai Paint Market
Polibrid Coatings, Inc.
Table 8-9 Polibrid Coatings, Inc. Profile
Corporate Overview & Products
Financial Performance
Polibrid Teams Up with International Paint
PPG Industries, Inc.
Table 8-10 PPG Industries, Inc. Profile
Corporate Overview
Financial Performance
PPG Paints and Coatings Products
PPG’s Enviro-Prime Does Away with Lead
PPG Wins Award for its Marine Coatings Business
Caterpillar, Inc., Chooses PPG for Paint Supply
PPG Has Stakes in Columbia
PPG Cuts 2,000 Jobs
RPM International, Inc.
Table 8-11 RPM International, Inc. Profile
Corporate Overview
Financial Performance
RPM’s Fire-proof Coating
Rust-Oleum Triples Market Share in Two Years
RPM Acquires Australian Auto Repair and Industrial Coatings Company
Sherwin-Williams Co.
Table 8-12 Sherwin-Williams Co. Profile
Corporate Overview
Financial Performance
Sherwin-Williams Paints and Coatings Products
The Latin America Coatings Group
Sherwin’s Emerald™ and ColorCast Eco Toners™ Paints
Sherwin’s Zinc Clad DOT for Bridges
Sherwin’s 3425E Static Control Water-Based Epoxy
Harmony® Paint and Others Re-designed
Formaldehyde-free Varnish
Air-dry Technology Reduces Energy Consumption
Sherwin-Williams Undertakes Large Projects Overseas
Sherwin-Williams Teams Up with Choice Hotel
Southern Paint and Powder Coating Company, Inc.
Table 8-13 Southern Paint and Powder Coatings Company, Inc. Profile
Corporate Overview
Financial Performance
Sumter Coatings, Inc.
Table 8-14 Sumter Coatings, Inc. Profile
Corporate Overview & Product Offerings
Financial Performance
The Valspar Corp.
Table 8-15 The Valspar Corp. Profile
Corporate Overview
Financial Performance
Valspar Creates Allergy Friendly Paint
Valspar Opens Technology Center in China
Valspar Expands into Brazilian and Australian Markets
APPENDIX: ADDRESSES OF SELECTED MARKETERS
