LONDON--(BUSINESS WIRE)--Technavio has been monitoring the paints and coatings market and it is poised to grow by USD 50.53 billion during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. are some of the major market participants. The growth of the automotive industry will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The growth of the automotive industry has been instrumental in driving the growth of the market. However, the volatility in raw material prices might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/paints-and-coatings-market-industry-analysis
Paints and Coatings Market 2020-2024: Segmentation
Paints and Coatings Market is segmented as below:
-
Type
- Acrylic Resins
- Epoxy Resins
- Alkyd Resins
- Polyurethane Resins
- Others
-
Technology
- Water-based
- Solvent-based
- Others
-
Application
- Architectural
- Industrial
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Paints and Coatings Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The paints and coatings market report covers the following areas:
- Paints and Coatings Market Size
- Paints and Coatings Market Trends
- Paints and Coatings Market Industry Analysis
This study identifies the growing adoption of UV-curable coatings as one of the prime reasons driving the paints and coatings market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Paints and Coatings Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist paints and coatings market growth during the next five years
- Estimation of the paints and coatings market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the paints and coatings market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of paints and coatings market, vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY RESIN TYPE
- Market segmentation by resin type
- Comparison by resin type
- Acrylic resins - Market size and forecast 2019-2024
- Epoxy resins - Market size and forecast 2019-2024
- Alkyd resins - Market size and forecast 2019-2024
- Polyurethane resins - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by resin type
PART 07: MARKET SEGMENTATION BY TECHNOLOGY
- Market segmentation by technology
- Comparison by technology
- Water-based - Market size and forecast 2019-2024
- Solvent-based - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by technology
PART 08: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Architectural - Market size and forecast 2019-2024
- Industrial - Market size and forecast 2019-2024
- Market opportunity by application
PART 09: CUSTOMER LANDSCAPE
PART 10: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: MARKET TRENDS
- Growing adoption of UV-curable coatings
- Implementation of solar reflective coatings
- Increasing focus on bio-based and eco-friendly products
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- 3M Co.
- Akzo Nobel NV
- BASF SE
- Henkel AG & Co. KGaA
- Jotun AS
- Nippon Paint Holdings Co. Ltd.
- PPG Industries Inc.
- RPM International Inc.
- Sika AG
- The Sherwin-Williams Co.
PART 16: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 17: EXPLORE TECHNAVIO
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