Global Paints and Coatings Market: Rising Application in Construction Industry to Encourage Mass Production, States Tmr

Transparency Market

Research

Paints and Coatings Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2013 - 2019

Published Date

18-April-2014

116 Page Report

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Global Paints and Coatings Market: Rising Application in

Construction Industry to Encourage Mass Production, states

TMR

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Paints and Coatings Market

REPORT DESCRIPTION

Paints and Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013

- 2019

The global paints and coatings market is highly fragmented with the presence of a large number of companies,

finds Transparency Market Research (TMR) in a research report. The competition in the market is expected to

intensify over the next couple of years owing to the low degree of product of differentiation. The production

capacity of the leading players is extremely high as they strive to cater to the growing needs of various end

users.

At present, several manufacturers are concentrating on product innovation and sustainability to maintain a

strong hold on the market and widen their consumer base. RPG International, The Valspar Corporation, BASF

SE, Axalta Coatings, Sherwin-Williams Company, PPG Industries, and AkzoNobel N.V. are some of the leading

companies operating in the global paints and coatings market. The global paints and coatings market is

expected to rise steadily over the forecast period to reach a valuation of US$143.9 bn by the end of 2019.

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Demand from End Users to Boost Market Growth

The global market for paints and coatings comprises types such as powder and liquid paints and varnishes.

The two key functions that paints and coatings serve are decoration and...