Global Top 10 High Growth Paints & Coatings Market 2017-2021 by Coating Type – A Projected $190 Billion Market – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Top
10 High Growth Paints & Coatings Market by Coating Type (Elastomeric,
Polyurea, UV, Insulation, Ceramic, Automotive, Medical, Silicone,
Fluoropolymer, and Epoxy Coatings) – Global Forecast to 2021"
report has been added to Research and Markets' offering.
The global paints & coatings market was valued at US$141.58 billion in
2015 and is projected to reach US$190.51 billion by 2021, at a CAGR of
5.07% from 2016 to 2021.
It is primarily driven by the increasing use of waterborne coatings for
performance and environmental reasons. The global paints & coatings
market is growing due to increased demand from the building &
construction industry. The high demand for waterborne coatings has also
been driving the architectural coatings market for the past few years.
Additionally, increased manufacturing activities in the automotive,
chemical, and other commercial industries in Asia-Pacific have been
influencing the market for the past few years.
The elastomeric coatings segment accounted for the largest share of the
paints & coatings market and is projected to register the highest CAGR
of 15.19% between 2016 and 2021, to reach a market size of US$13.51
million by 2021.
The global market size for polyurea coatings is estimated to be US$5.34
billion in 2016 and is projected to witness a CAGR of 10.57%, to reach
US$8.93 billion by 2021.
The global market size for insulation coating is estimated to be US$5.66
billion in 2016 and is projected to witness a CAGR of 7.99%, to reach
US$8.29 billion by 2021.
The global market size for ceramic coatings is estimated to be US$7.57
billion in 2016 and is projected to witness a CAGR of 7.50,% to reach
US$10.87 billion by 2021.
Though the paints & coatings market is gaining importance, factors such
as the health and environmental concerns faced due to the release of VOC
content in the environment are likely to hamper the growth of the
solvent-borne paints & coatings segment, subsequently hindering the
growth of the paints & coatings market. Apart from strict regulations,
substantial capital and time is invested in the testing phase of paints
& coatings, which can act as a constraint for newer players.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Elastomeric Coatings
5 Polyurea Coatings
6 UV Coatings
7 Insulation Coatings
8 Ceramic Coatings
9 Automotive Coating
10 Medical Coatings
11 Silicone Coatings
12 Fluoropolymer Coatings
13 Epoxy Coatings
14 Competitive Landscape
15 Company Profiles
- Akzonobel N.V.
- Asian Paints Limited
- Axalta Coating Systems LLC
- BASF SE
- Jotun A/S
- Nippon Paint
- PPG Industries, Inc.
- Progressive Painting Inc.
- The DOW Chemical Company
- The Sherwin-Williams Company
For more information about this report visit https://www.researchandmarkets.com/research/rd9pbr/global_top_10?w=4
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Related
Topics: Paints
and Coatings