Paints and Coatings Global Industry Guide 2015-2024
Paints and Coatings Global Industry Guide 2015-2024
SUMMARY
Global Paints & Coatings industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Global Paints & Coatings industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
- The paints & coatings market consists of liquid and powder based paints, varnishes and related products used for protective and decorative, industrial and automotive and specialty purposes.
- The market excludes inks, thinners and raw materials, such as pigments and solvents.
- The architectural & decorative segment consists of products used in homes and buildings, such as interior and exterior paints, primers, sealers, and varnishes.
- The industrial segment comprises products that are factory-applied to manufactured goods as part of the production process.
- The specialty segment consists of aerosol paints, marine paints, high-performance maintenance coatings, and automotive refinish paints.
- The market value is calculated according to factory prices.
- Figures presented in this report are calculated applying the 'middle path' scenario - this is based on the current situation in countries where the epidemic burst first, like China as a model countries and the announcements made by governments, stating that the abnormal situation may last up to six months.
- The assumption has been made that after this time the economy will gradually go back to the levels recorded before the pandemics by the end of the year. It is also assumed that there is no widespread economic crisis as seen back in 2008 due to announced pay-outs across countries.
- At the moment of preparation of this report in April 2020 the economic implications of the lock downs of many economics are still very difficult to predict as there is no indication how long the pandemics could last, the number of sectors forced to stay closed and the scale of the governmental' aid involved. At the same time the weight of the pandemic seriousness is applied on the individual countries in this report based on death to population ratio recorded in countries.
- Majority of the industries will see the decline in volume of the goods and services offered by companies. Usually the lower demand would cause the decrease the prices level. However, amid many governments’ ordered for many industries to lock down and so the supply chain is distorted that in great pictures mitigate the results of lower demand.
- Applied scenarios differ depending on the individual sector, however generally sectors which involves intensive manual labor and face to face interaction seem to be hit the most by present situation. On the other hand the internet based businesses as well as the producers of the vital, subsisted products and services seems to take advantages of the current events.
- Any currency conversions used in the creation of this report have been calculated using constant 2018 annual average exchange rates.
- The global paints & coatings market had total revenues of $161,919.1m in 2019, representing a compound annual growth rate (CAGR) of 4.4% between 2015 and 2019.
- Market consumption volume increased with a CAGR of 4% between 2015 and 2019, to reach a total of 51,105.7 thousand tonnes in 2019.
- The global paints & coatings market is positively correlated with vehicle and aircraft manufacturers.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global paints & coatings market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global paints & coatings market
- Leading company profiles reveal details of key paints & coatings market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global paints & coatings market with five year forecasts by both value and volume
- What was the size of the global paints & coatings market by value in 2019?
- What will be the size of the global paints & coatings market in 2024?
- What factors are affecting the strength of competition in the global paints & coatings market?
- How has the market performed over the last five years?
- What are the main segments that make up the global paints & coatings market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Competitive Landscape
2 INTRODUCTION
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 GLOBAL PAINTS & COATINGS
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
3.6. Macroeconomic Indicators
4 PAINTS & COATINGS IN ASIA-PACIFIC
4.1. Market Overview
4.2. Market Data
4.3. Market Segmentation
4.4. Market outlook
4.5. Five forces analysis
5 PAINTS & COATINGS IN EUROPE
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
5.6. Macroeconomic Indicators
6 PAINTS & COATINGS IN JAPAN
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
6.6. Macroeconomic Indicators
7 PAINTS & COATINGS IN THE UNITED KINGDOM
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
7.6. Macroeconomic Indicators
8 PAINTS & COATINGS IN THE UNITED STATES
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
8.6. Macroeconomic Indicators
9 PAINTS & COATINGS IN FRANCE
9.1. Market Overview
9.2. Market Data
9.3. Market Segmentation
9.4. Market outlook
9.5. Five forces analysis
9.6. Macroeconomic Indicators
10 PAINTS & COATINGS IN GERMANY
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
10.6. Macroeconomic Indicators
11 COMPANY PROFILES
11.1. Akzo Nobel N.V.
11.2. DuPont de Nemours Inc
11.3. PPG Industries, Inc.
11.4. The Sherwin-Williams Company
11.5. Nippon Paint Holdings Co Ltd
11.6. Kansai Paint Co Ltd
11.7. BASF SE
11.8. Chugoku Marine Paints Ltd
11.9. RPM International Inc
12 APPENDIX
12.1. Methodology
12.2. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Competitive Landscape
2 INTRODUCTION
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 GLOBAL PAINTS & COATINGS
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
3.6. Macroeconomic Indicators
4 PAINTS & COATINGS IN ASIA-PACIFIC
4.1. Market Overview
4.2. Market Data
4.3. Market Segmentation
4.4. Market outlook
4.5. Five forces analysis
5 PAINTS & COATINGS IN EUROPE
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
5.6. Macroeconomic Indicators
6 PAINTS & COATINGS IN JAPAN
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
6.6. Macroeconomic Indicators
7 PAINTS & COATINGS IN THE UNITED KINGDOM
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
7.6. Macroeconomic Indicators
8 PAINTS & COATINGS IN THE UNITED STATES
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
8.6. Macroeconomic Indicators
9 PAINTS & COATINGS IN FRANCE
9.1. Market Overview
9.2. Market Data
9.3. Market Segmentation
9.4. Market outlook
9.5. Five forces analysis
9.6. Macroeconomic Indicators
10 PAINTS & COATINGS IN GERMANY
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
10.6. Macroeconomic Indicators
11 COMPANY PROFILES
11.1. Akzo Nobel N.V.
11.2. DuPont de Nemours Inc
11.3. PPG Industries, Inc.
11.4. The Sherwin-Williams Company
11.5. Nippon Paint Holdings Co Ltd
11.6. Kansai Paint Co Ltd
11.7. BASF SE
11.8. Chugoku Marine Paints Ltd
11.9. RPM International Inc
12 APPENDIX
12.1. Methodology
12.2. About MarketLine
LIST OF TABLES
Table 1: Global paints & coatings market value: $ billion, 2015–19
Table 2: Global paints & coatings market volume: thousand tonnes, 2015–19
Table 3: Global paints & coatings market category segmentation: $ billion, 2019
Table 4: Global paints & coatings market geography segmentation: $ billion, 2019
Table 5: Global paints & coatings market value forecast: $ billion, 2019–24
Table 6: Global paints & coatings market volume forecast: thousand tonnes, 2019–24
Table 7: Global size of population (million), 2015–19
Table 8: Global gdp (constant 2005 prices, $ billion), 2015–19
Table 9: Global gdp (current prices, $ billion), 2015–19
Table 10: Global inflation, 2015–19
Table 11: Global consumer price index (absolute), 2015–19
Table 12: Global exchange rate, 2015–19
Table 13: Asia-Pacific paints & coatings market value: $ billion, 2015–19
Table 14: Asia–Pacific paints & coatings market volume: thousand tonnes, 2015–19
Table 15: Asia–Pacific paints & coatings market category segmentation: $ billion, 2019
Table 16: Asia–Pacific paints & coatings market geography segmentation: $ billion, 2019
Table 17: Asia-Pacific paints & coatings market value forecast: $ billion, 2019–24
Table 18: Asia–Pacific paints & coatings market volume forecast: thousand tonnes, 2019–24
Table 19: Europe paints & coatings market value: $ billion, 2015–19
Table 20: Europe paints & coatings market volume: thousand tonnes, 2015–19
Table 21: Europe paints & coatings market category segmentation: $ billion, 2019
Table 22: Europe paints & coatings market geography segmentation: $ billion, 2019
Table 23: Europe paints & coatings market value forecast: $ billion, 2019–24
Table 24: Europe paints & coatings market volume forecast: thousand tonnes, 2019–24
Table 25: Europe size of population (million), 2015–19
Table 26: Europe gdp (constant 2005 prices, $ billion), 2015–19
Table 27: Europe gdp (current prices, $ billion), 2015–19
Table 28: Europe inflation, 2015–19
Table 29: Europe consumer price index (absolute), 2015–19
Table 30: Europe exchange rate, 2015–19
Table 31: Japan paints & coatings market value: $ million, 2015–19
Table 32: Japan paints & coatings market volume: thousand tonnes, 2015–19
Table 33: Japan paints & coatings market category segmentation: $ million, 2019
Table 34: Japan paints & coatings market geography segmentation: $ million, 2019
Table 35: Japan paints & coatings market value forecast: $ million, 2019–24
Table 36: Japan paints & coatings market volume forecast: thousand tonnes, 2019–24
Table 37: Japan size of population (million), 2015–19
Table 38: Japan gdp (constant 2005 prices, $ billion), 2015–19
Table 39: Japan gdp (current prices, $ billion), 2015–19
Table 40: Japan inflation, 2015–19
Table 41: Japan consumer price index (absolute), 2015–19
Table 42: Japan exchange rate, 2015–19
Table 43: United Kingdom paints & coatings market value: $ million, 2015–19
Table 44: United Kingdom paints & coatings market volume: thousand tonnes, 2015–19
Table 45: United Kingdom paints & coatings market category segmentation: $ million, 2019
Table 46: United Kingdom paints & coatings market geography segmentation: $ million, 2019
Table 47: United Kingdom paints & coatings market value forecast: $ million, 2019–24
Table 48: United Kingdom paints & coatings market volume forecast: thousand tonnes, 2019–24
Table 49: United Kingdom size of population (million), 2015–19
Table 50: United Kingdom gdp (constant 2005 prices, $ billion), 2015–19
Table 1: Global paints & coatings market value: $ billion, 2015–19
Table 2: Global paints & coatings market volume: thousand tonnes, 2015–19
Table 3: Global paints & coatings market category segmentation: $ billion, 2019
Table 4: Global paints & coatings market geography segmentation: $ billion, 2019
Table 5: Global paints & coatings market value forecast: $ billion, 2019–24
Table 6: Global paints & coatings market volume forecast: thousand tonnes, 2019–24
Table 7: Global size of population (million), 2015–19
Table 8: Global gdp (constant 2005 prices, $ billion), 2015–19
Table 9: Global gdp (current prices, $ billion), 2015–19
Table 10: Global inflation, 2015–19
Table 11: Global consumer price index (absolute), 2015–19
Table 12: Global exchange rate, 2015–19
Table 13: Asia-Pacific paints & coatings market value: $ billion, 2015–19
Table 14: Asia–Pacific paints & coatings market volume: thousand tonnes, 2015–19
Table 15: Asia–Pacific paints & coatings market category segmentation: $ billion, 2019
Table 16: Asia–Pacific paints & coatings market geography segmentation: $ billion, 2019
Table 17: Asia-Pacific paints & coatings market value forecast: $ billion, 2019–24
Table 18: Asia–Pacific paints & coatings market volume forecast: thousand tonnes, 2019–24
Table 19: Europe paints & coatings market value: $ billion, 2015–19
Table 20: Europe paints & coatings market volume: thousand tonnes, 2015–19
Table 21: Europe paints & coatings market category segmentation: $ billion, 2019
Table 22: Europe paints & coatings market geography segmentation: $ billion, 2019
Table 23: Europe paints & coatings market value forecast: $ billion, 2019–24
Table 24: Europe paints & coatings market volume forecast: thousand tonnes, 2019–24
Table 25: Europe size of population (million), 2015–19
Table 26: Europe gdp (constant 2005 prices, $ billion), 2015–19
Table 27: Europe gdp (current prices, $ billion), 2015–19
Table 28: Europe inflation, 2015–19
Table 29: Europe consumer price index (absolute), 2015–19
Table 30: Europe exchange rate, 2015–19
Table 31: Japan paints & coatings market value: $ million, 2015–19
Table 32: Japan paints & coatings market volume: thousand tonnes, 2015–19
Table 33: Japan paints & coatings market category segmentation: $ million, 2019
Table 34: Japan paints & coatings market geography segmentation: $ million, 2019
Table 35: Japan paints & coatings market value forecast: $ million, 2019–24
Table 36: Japan paints & coatings market volume forecast: thousand tonnes, 2019–24
Table 37: Japan size of population (million), 2015–19
Table 38: Japan gdp (constant 2005 prices, $ billion), 2015–19
Table 39: Japan gdp (current prices, $ billion), 2015–19
Table 40: Japan inflation, 2015–19
Table 41: Japan consumer price index (absolute), 2015–19
Table 42: Japan exchange rate, 2015–19
Table 43: United Kingdom paints & coatings market value: $ million, 2015–19
Table 44: United Kingdom paints & coatings market volume: thousand tonnes, 2015–19
Table 45: United Kingdom paints & coatings market category segmentation: $ million, 2019
Table 46: United Kingdom paints & coatings market geography segmentation: $ million, 2019
Table 47: United Kingdom paints & coatings market value forecast: $ million, 2019–24
Table 48: United Kingdom paints & coatings market volume forecast: thousand tonnes, 2019–24
Table 49: United Kingdom size of population (million), 2015–19
Table 50: United Kingdom gdp (constant 2005 prices, $ billion), 2015–19
A major end-market for paints and coatings is construction. In various countries construction output is healthy. The global paints and coatings market has grown healthily, both in value and volume terms in recent years. Stable growth is expected to continue in the coming years. Continued infrastructure investment in many countries will drive construction output, which in turn will spur demand for paints and coatings.
The global paints & coatings market had total revenues of $150.7bn in 2017, representing a compound annual growth rate (CAGR) of 6.2% between 2013 and 2017. In comparison, the Asia-Pacific and US markets grew with CAGRs of 7.4% and 5.1% respectively, over the same period, to reach respective values of $82.1bn and $23.4bn in 2017.
Many Asian economies are still developing and growing. A noticeable by-product of this is increased urbanization as people move to major cities for jobs. This necessitates new housing construction and in countries like China, Indonesia, and Vietnam, this is a key demand driver for paints and coatings.
