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Paint & Coatings-Global Market Insights and Sales Trends 2025
Synopsis
Paint is defined as a paints material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect, decorated or add a specific feature to the surface on which it is deposited.
The global Paint & Coatings market size is expected to reach US$ 241 million by 2029, growing at a CAGR of 2.4% from 2023 to 2029. The market is mainly driven by the significant applications of Paint & Coatings in various end use industries. The expanding demands from the Automotive & Aviation, Medical & Healthcare and Others,, are propelling Paint & Coatings market. Powder Coating, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Waterborne Coating segment is estimated at % CAGR for the next seven-year period.
China is the largest Paints & Coatings market with about 37% market share. Europe is follower, accounting for about 21% market share.The key manufacturers are PPG, AkzoNobel, Henkel, Sherwin-Williams, Valspar, RPM International, Axalta, BASF, Kansai Paint, Sika, 3M, Asian Paints, Nippon Paint, HB Fuller, Masco, Jotun, Hempel, KCC Corporation, DAW SE, Shawcor, Cromology, SK KAKEN, Carpoly, Taiho Paint, Berger Paints etc. Top 3 companies occupied about 15% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Paint & Coatings, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Paint & Coatings market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Paint & Coatings market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Paint & Coatings sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Paint & Coatings covered in this report include BASF SE, PPG Industries, Sherwin-Williams Company, AkzoNobel, Axalta Coating System, Valspar Corporation, RPM International Inc., Nippon Paint Holdings and Jotun Group, etc.
The global Paint & Coatings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF SE
PPG Industries
Sherwin-Williams Company
AkzoNobel
Axalta Coating System
Valspar Corporation
RPM International Inc.
Nippon Paint Holdings
Jotun Group
Global Paint & Coatings market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Paint & Coatings market, Segment by Type:
Powder Coating
Waterborne Coating
Others
Global Paint & Coatings market, by Application
Automotive & Aviation
Medical & Healthcare
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Paint & Coatings manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Paint & Coatings in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Paint is defined as a paints material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect, decorated or add a specific feature to the surface on which it is deposited.
The global Paint & Coatings market size is expected to reach US$ 241 million by 2029, growing at a CAGR of 2.4% from 2023 to 2029. The market is mainly driven by the significant applications of Paint & Coatings in various end use industries. The expanding demands from the Automotive & Aviation, Medical & Healthcare and Others,, are propelling Paint & Coatings market. Powder Coating, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Waterborne Coating segment is estimated at % CAGR for the next seven-year period.
China is the largest Paints & Coatings market with about 37% market share. Europe is follower, accounting for about 21% market share.The key manufacturers are PPG, AkzoNobel, Henkel, Sherwin-Williams, Valspar, RPM International, Axalta, BASF, Kansai Paint, Sika, 3M, Asian Paints, Nippon Paint, HB Fuller, Masco, Jotun, Hempel, KCC Corporation, DAW SE, Shawcor, Cromology, SK KAKEN, Carpoly, Taiho Paint, Berger Paints etc. Top 3 companies occupied about 15% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Paint & Coatings, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Paint & Coatings market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Paint & Coatings market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Paint & Coatings sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Paint & Coatings covered in this report include BASF SE, PPG Industries, Sherwin-Williams Company, AkzoNobel, Axalta Coating System, Valspar Corporation, RPM International Inc., Nippon Paint Holdings and Jotun Group, etc.
The global Paint & Coatings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF SE
PPG Industries
Sherwin-Williams Company
AkzoNobel
Axalta Coating System
Valspar Corporation
RPM International Inc.
Nippon Paint Holdings
Jotun Group
Global Paint & Coatings market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Paint & Coatings market, Segment by Type:
Powder Coating
Waterborne Coating
Others
Global Paint & Coatings market, by Application
Automotive & Aviation
Medical & Healthcare
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Paint & Coatings manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Paint & Coatings in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Paint & Coatings Market Overview
1.1 Paint & Coatings Product Overview
1.2 Paint & Coatings Market Segment by Type
1.2.1 Powder Coating
1.2.2 Waterborne Coating
1.2.3 Others
1.3 Global Paint & Coatings Market Size by Type
1.3.1 Global Paint & Coatings Market Size Overview by Type (2018-2029)
1.3.2 Global Paint & Coatings Historic Market Size Review by Type (2018-2023)
1.3.3 Global Paint & Coatings Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Paint & Coatings Sales Breakdown by Type (2018-2023)
1.4.2 Europe Paint & Coatings Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Paint & Coatings Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Paint & Coatings Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Paint & Coatings Sales Breakdown by Type (2018-2023)
2 Global Paint & Coatings Market Competition by Company
2.1 Global Top Players by Paint & Coatings Sales (2018-2023)
2.2 Global Top Players by Paint & Coatings Revenue (2018-2023)
2.3 Global Top Players by Paint & Coatings Price (2018-2023)
2.4 Global Top Manufacturers Paint & Coatings Manufacturing Base Distribution, Sales Area, Product Type
2.5 Paint & Coatings Market Competitive Situation and Trends
2.5.1 Paint & Coatings Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Paint & Coatings Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Paint & Coatings as of 2022)
2.7 Date of Key Manufacturers Enter into Paint & Coatings Market
2.8 Key Manufacturers Paint & Coatings Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Paint & Coatings Status and Outlook by Region
3.1 Global Paint & Coatings Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Paint & Coatings Historic Market Size by Region
3.2.1 Global Paint & Coatings Sales in Volume by Region (2018-2023)
3.2.2 Global Paint & Coatings Sales in Value by Region (2018-2023)
3.2.3 Global Paint & Coatings Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Paint & Coatings Forecasted Market Size by Region
3.3.1 Global Paint & Coatings Sales in Volume by Region (2024-2029)
3.3.2 Global Paint & Coatings Sales in Value by Region (2024-2029)
3.3.3 Global Paint & Coatings Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Paint & Coatings by Application
4.1 Paint & Coatings Market Segment by Application
4.1.1 Automotive & Aviation
4.1.2 Medical & Healthcare
4.1.3 Others
4.2 Global Paint & Coatings Market Size by Application
4.2.1 Global Paint & Coatings Market Size Overview by Application (2018-2029)
4.2.2 Global Paint & Coatings Historic Market Size Review by Application (2018-2023)
4.2.3 Global Paint & Coatings Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Paint & Coatings Sales Breakdown by Application (2018-2023)
4.3.2 Europe Paint & Coatings Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Paint & Coatings Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Paint & Coatings Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Paint & Coatings Sales Breakdown by Application (2018-2023)
5 North America Paint & Coatings by Country
5.1 North America Paint & Coatings Historic Market Size by Country
5.1.1 North America Paint & Coatings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Paint & Coatings Sales in Volume by Country (2018-2023)
5.1.3 North America Paint & Coatings Sales in Value by Country (2018-2023)
5.2 North America Paint & Coatings Forecasted Market Size by Country
5.2.1 North America Paint & Coatings Sales in Volume by Country (2024-2029)
5.2.2 North America Paint & Coatings Sales in Value by Country (2024-2029)
6 Europe Paint & Coatings by Country
6.1 Europe Paint & Coatings Historic Market Size by Country
6.1.1 Europe Paint & Coatings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Paint & Coatings Sales in Volume by Country (2018-2023)
6.1.3 Europe Paint & Coatings Sales in Value by Country (2018-2023)
6.2 Europe Paint & Coatings Forecasted Market Size by Country
6.2.1 Europe Paint & Coatings Sales in Volume by Country (2024-2029)
6.2.2 Europe Paint & Coatings Sales in Value by Country (2024-2029)
7 Asia-Pacific Paint & Coatings by Region
7.1 Asia-Pacific Paint & Coatings Historic Market Size by Region
7.1.1 Asia-Pacific Paint & Coatings Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Paint & Coatings Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Paint & Coatings Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Paint & Coatings Forecasted Market Size by Region
7.2.1 Asia-Pacific Paint & Coatings Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Paint & Coatings Sales in Value by Region (2024-2029)
8 Latin America Paint & Coatings by Country
8.1 Latin America Paint & Coatings Historic Market Size by Country
8.1.1 Latin America Paint & Coatings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Paint & Coatings Sales in Volume by Country (2018-2023)
8.1.3 Latin America Paint & Coatings Sales in Value by Country (2018-2023)
8.2 Latin America Paint & Coatings Forecasted Market Size by Country
8.2.1 Latin America Paint & Coatings Sales in Volume by Country (2024-2029)
8.2.2 Latin America Paint & Coatings Sales in Value by Country (2024-2029)
9 Middle East and Africa Paint & Coatings by Country
9.1 Middle East and Africa Paint & Coatings Historic Market Size by Country
9.1.1 Middle East and Africa Paint & Coatings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Paint & Coatings Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Paint & Coatings Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Paint & Coatings Forecasted Market Size by Country
9.2.1 Middle East and Africa Paint & Coatings Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Paint & Coatings Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF SE
10.1.1 BASF SE Company Information
10.1.2 BASF SE Introduction and Business Overview
10.1.3 BASF SE Paint & Coatings Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF SE Paint & Coatings Products Offered
10.1.5 BASF SE Recent Development
10.2 PPG Industries
10.2.1 PPG Industries Company Information
10.2.2 PPG Industries Introduction and Business Overview
10.2.3 PPG Industries Paint & Coatings Sales, Revenue and Gross Margin (2018-2023)
10.2.4 PPG Industries Paint & Coatings Products Offered
10.2.5 PPG Industries Recent Development
10.3 Sherwin-Williams Company
10.3.1 Sherwin-Williams Company Company Information
10.3.2 Sherwin-Williams Company Introduction and Business Overview
10.3.3 Sherwin-Williams Company Paint & Coatings Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sherwin-Williams Company Paint & Coatings Products Offered
10.3.5 Sherwin-Williams Company Recent Development
10.4 AkzoNobel
10.4.1 AkzoNobel Company Information
10.4.2 AkzoNobel Introduction and Business Overview
10.4.3 AkzoNobel Paint & Coatings Sales, Revenue and Gross Margin (2018-2023)
10.4.4 AkzoNobel Paint & Coatings Products Offered
10.4.5 AkzoNobel Recent Development
10.5 Axalta Coating System
10.5.1 Axalta Coating System Company Information
10.5.2 Axalta Coating System Introduction and Business Overview
10.5.3 Axalta Coating System Paint & Coatings Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Axalta Coating System Paint & Coatings Products Offered
10.5.5 Axalta Coating System Recent Development
10.6 Valspar Corporation
10.6.1 Valspar Corporation Company Information
10.6.2 Valspar Corporation Introduction and Business Overview
10.6.3 Valspar Corporation Paint & Coatings Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Valspar Corporation Paint & Coatings Products Offered
10.6.5 Valspar Corporation Recent Development
10.7 RPM International Inc.
10.7.1 RPM International Inc. Company Information
10.7.2 RPM International Inc. Introduction and Business Overview
10.7.3 RPM International Inc. Paint & Coatings Sales, Revenue and Gross Margin (2018-2023)
10.7.4 RPM International Inc. Paint & Coatings Products Offered
10.7.5 RPM International Inc. Recent Development
10.8 Nippon Paint Holdings
10.8.1 Nippon Paint Holdings Company Information
10.8.2 Nippon Paint Holdings Introduction and Business Overview
10.8.3 Nippon Paint Holdings Paint & Coatings Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nippon Paint Holdings Paint & Coatings Products Offered
10.8.5 Nippon Paint Holdings Recent Development
10.9 Jotun Group
10.9.1 Jotun Group Company Information
10.9.2 Jotun Group Introduction and Business Overview
10.9.3 Jotun Group Paint & Coatings Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Jotun Group Paint & Coatings Products Offered
10.9.5 Jotun Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Paint & Coatings Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Paint & Coatings Industrial Chain Analysis
11.4 Paint & Coatings Market Dynamics
11.4.1 Paint & Coatings Industry Trends
11.4.2 Paint & Coatings Market Drivers
11.4.3 Paint & Coatings Market Challenges
11.4.4 Paint & Coatings Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Paint & Coatings Distributors
12.3 Paint & Coatings Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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