Construction Paints And Coatings Market
Construction Paints And Coatings Market Global Industry Assessment & Forecast
Segments Covered
- By Product Solvent-borne Technologies, Water-borne Coating, Power Coating, High Solids/ Radiation Cure, Others
- By Application Residential, Commercial, Livestock, Industrial, Others
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 51.2 Billion |
Revenue 2028: | 70.07 Billion |
Revenue CAGR (2021 - 2028): | 4 |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The report delivers an acute breakdown of the market based on various segments such as Product, Application, and region. The report will cover market estimations and forecast for each segment by region for the years 20156–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Product, the market is divided into Solvent-borne Technologies, Water-borne Coating, Power Coating, High Solids/ Radiation Cure, Others,. Solvent-borne Technologies held the largest share in 2020 and is projected to witness substantial growth during the forecast period.
Based
on Application, the market is divided into Residential, Commercial, Livestock, Industrial, Others,. Industrial
attributed to the highest market share and is expected to grow at a significant
CAGR from 2021 to 2028.
Global Construction Paints And Coatings Market: Product Segment Analysis
-
- Solvent-borne Technologies
- Water-borne Coating
- Power Coating
- High Solids/ Radiation Cure
- Others
Global Construction Paints And Coatings Market: Application Segment Analysis
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- Residential
- Commercial
- Livestock
- Industrial
- Others
FAQ
Frequently Asked Question
What is the global demand for Construction Paints And Coatings in terms of revenue?
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The global Construction Paints And Coatings valued at 51.2 Billion in 2020 and is expected to reach 70.07 Billion in 2028 growing at a CAGR of 4%.
Which are the prominent players in the market?
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The prominent players in the market are Jotun, Axalta Coating Systems Ltd., PPG Industries Inc., Akzo Nobel N.V, WEG Tintas, Renner Herrmann S.A., BASF SE, Pintuco SA, Lanco Paints, The Sherwin William Company..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 4% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Construction Paints And Coatings include
- Environmental regulations boosting the demand for VOC-free coatings coupled with the growing focus on environmentally friendly resources has been driving the market growth.
- The introduction of new technologies has increased the performance of coatings creating a huge demand for the market.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Construction Paints And Coatings in 2020.