Paints and Coatings Market - Share, Size, Analysis and Trend to 2020

Global Paints and Coatings Market - Industry is moving towards

consolidation through large number of mergers and acquisitions (2020)

Persistence Market Research

Global Paints and Coatings Market - Market

is expected to grow at a CAGR of 5.5%

during 2014 to 2020, to reach an estimated

value of USD 176.5 bn in 2020 - Persistence

Market Research

Persistence Market Research

1

Global Paints and Coatings Market - Industry is moving towards

consolidation through large number of mergers and acquisitions (2020)

Persistence Market Research Released New Market Report “Global Paints and Coatings

Market - Industry is moving towards consolidation through large number of

mergers and acquisitions (2020)”, the global paints and coatings market was worth USD

121.9 billion in 2013 and is expected to grow at a CAGR of 5.5% during 2014 to 2020, to

reach an estimated value of USD 176.5 billion in 2020.

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The rapid pace of industrial development, growing number of end-use industries, and

increasing interest of the global population in architecture are driving the global paints and

coatings market.

There is a large untapped market for the construction industry in the developing countries

which has been increasing every year owing to the ever increasing global population. These

factors are creating demand for construction materials, including paints and coatings. The

growing population and per capita income has been fuelling the demand for consumer goods

and automotives, which in turn is boosting industrialization. The use of metals has also

increased to a great degree in the last decade. Paints and coatings are mainly used to

protect machines and equipment from rusting and corrosion in industries. As for consumer

goods, they serve the purpose of keeping corrosion at bay and make products look better.

Architectural and decorative paints and coatings are used mainly applied on interior and

exterior walls of...