Market Overview

Global Paints & Coatings Market 2018-2022: Growth Drivers, Key Trends & Developments, and Challenges -


The "Global
Paints & Coatings Market: Industry Analysis & Outlook (2018-2022)"

report has been added to's

This report analyses the development of this market, with focus on North
America, Latin America and Asia Pacific markets.

The global paints and coatings market is set to experience favorable
growth driven by factors such as increasing construction spending, rapid
urbanization, increasing household consumption expenditure and
accelerating economic growth.

The major trends observed in this market include increasing preference
for professional contractors, technological advancements and increasing
consolidation of market players.

However, the growth of this market is constrained by challenges such as
increasing raw material prices and stringent environmental regulations.

The market can be divided into three broad segments, namely
architectural segment that depends heavily on the performance of the
building & construction sector, industrial paints and coatings segment
that is closely related to the automotive, major appliances and
industrial equipment sectors and specialty paints and coatings which
includes a wide array of divergent coatings such as automotive refinish
coatings, industrial maintenance coatings, traffic marking paints and
marine paints.

The four major players: PPG Industries Inc., Sherwin-Williams, AkzoNobel
and Axalta Coating Systems are profiled along with their key financials
and strategies for growth.

Market Dynamics

Growth Drivers

  • Rapid Urbanization
  • Rising Household Consumption Expenditure
  • Increasing Construction Spending
  • Accelerating Economic Growth

Key Trends & Developments

  • Technological Advancements
  • Increasing Preference for Professional Contractors
  • Increasing Consolidation of Market Players


  • Increasing Raw Material Costs
  • Stringent Environmental Regulations

Key Topics Covered

1. Overview

2. Global Paints and Coatings Market

3. Regional Market Analysis

4. Market Dynamics

5. Competition

6. Company Profiles

  • Sherwin-Williams
  • AkzoNobel
  • PPG Industries, Inc.
  • Axalta Coating Systms

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