The major factor driving the market … Market Outlook: The Global and China Antifouling Paints and Coatings Market was valued at USD 7,953.0 Million in 2019 depending on this study by 2027 CAGR is expected to reach 8.6% during the forecast period. The global decorative paints & coatings market size was estimated at USD 70.76 billion in 2017. The global paints and coatings additives market size was USD 8,299.7 million in 2019 and is projected to reach USD 12,659.4 million by 2027, exhibiting a CAGR of 5.9% during the forecast period. The India paints and coatings market is estimated to witness a significant growth, at an estimated CAGR of over 8%, over the forecast period. With the presence of a large pool of participants, the Global paints and coatings market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Further, there are several service providers that are focusing on expanding their fleet to cater to the growing consumer demand. Nippon Paint Holdings Company Limited, Hempel A/S, RPM International, Jotun A/S, Kansai Paints, and Asian Paints are some of the key vendors of paints and coatings across the world. The global market for paints and coatings should grow from $150.5 billion in 2018 to $191.9 billion by 2023 at a compound annual growth rate (CAGR) of 5.0% for the period of 2018-2023. Growing demand from the construction industry, coupled with rising infrastructure activities, is driving the demand for the market studied. The global automotive paints and coatings market value is expected to reach around US$ 28.4 billion by 2026 and forecasted to grow at a CAGR around 4 % throughout the forecast period 2019 to 2026. “Paints And Coatings Fillers Market Scenario 2020-2028: Growing investments in the Paints And Coatings Fillers Market are expected to have a favorable impact on customers and companies. Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. The "Global Paints and Coatings Market 2030 " Industry Report is a professional and in-depth study on the current state of the Paints and Coatings Market by InsightSlice. A global study on the market for paints and coatings from Ceresana, Germany, reveals that in 2019, a total of around 43.3mln t of coatings were sold. KEY FINDINGS The global paints & coatings market is anticipated to grow with a CAGR of 6. Rapid urbanization and eco-friendly alternatives are driving the growth of the paints and coatings industry. Paints are extensively used for equipment maintenance. Paints and Coatings Market COVID19 Impact Analysis by Size, Share & Industry Analysis, By Resin (Epoxy, Acrylic, Polyester, Alkyd, PU, and Others), By … The Europe decorative paints and coatings market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. As a result, the global paints and coatings market, which valued $156,086.2 million in 2019, will witness a 4.2% CAGR during 2020–2030, to reach $227,834.0 million in 2030. Global Paints & Coatings Market Forecast 2021-2028. The sales of paints and coatings for industrial products such as vehicles, however, are heavily dependent on general economic development. Fire-resistant Coatings Market by Type (Intumescent Coatings, Cementitious Coatings), Technology (Solvent-borne, Water-borne), Substrates (Metal, Wood), Application Technique (Spray, Brush & Roller), Application, and Region - Global Forecast to 2025 Report; December 2020; 308 Pages Construction Paints and Coatings Market Size And Forecast. Besides these prominent manufacturers, the paints & coatings market is a hub of some small, however substantial manufacturers. It not only impacts the machinery or vehicle exterior appearance but also influences the equipment’s structure. Global Paints and Coatings Market: Overview. Most of the remaining coatings, called “special purpose,” are used for miscellaneous applications such as traffic paints, vehicle refinishing, high-performance coatings for industrial plants and equipment, and protection of marine structures and vessels. 22%, during the forecast period of 2021 to 2028. Also, the report offers insights into paints and coatings industry trends and highlights vital industry developments. The market for paints & coatings additives market is expected to expand at a CAGR of more than 6% during the forecast period. Nov 24, 2020 | USD 2,500... market growth drivers include the increased demand from automotive OEM and aftermarket, and the growing infrastructure and construction industry. According To Verified Market Research, The Global Construction Paints and Coatings Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. Paints and Coatings market will register an incremental spend of about $47 billion, growing at a CAGR of 5.23% during the five-year forecast period. – 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 is expected to be driven by the increasing product consumption in the construction, automotive, and general industries application sectors. The increasing population, growing need for houses, and consumer goods and automotives are driving the paints and coatings market in the region. 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