#Paints & Coatings Market
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dhampir-dyke · 4 months ago
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hofudlaus · 9 months ago
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Dunno if anyone else has added this, but a lot of other browsers are Chrome based(pretty sure there are more then just the ones pictured here?), so if you're thinking that you're safe cus you use one of them, you're not
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The most popular browsers in different countries in 2012 and 2022.
by @theworldmaps_
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mystichistoria · 2 months ago
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Still painting
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bommagoni · 2 months ago
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Paints and Coatings Market Size, Share, Trends Report 2030
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janetushar1 · 3 months ago
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Paints and Coatings Market to Hit $248.2 Billion by 2032
The global Paints and Coatings Market was valued at USD 189.9 Billion in 2024 and it is estimated to garner USD 248.2 Billion by 2032 with a registered CAGR of 3.5% during the forecast period 2024 to 2032.
Global Paints and Coatings Market Research Report 2024, Growth Rate, Market Segmentation, Paints and Coatings Market. It affords qualitative and quantitative insights in phrases of market size, destiny trends, and nearby outlook Paints and Coatings Market. Contemporary possibilities projected to influence the destiny capability of the market are analyzed in the report. Additionally, the document affords special insights into the opposition in particular industries and diverse businesses. This document in addition examines and evaluates the contemporary outlook for the ever-evolving commercial enterprise area and the prevailing and future outcomes of the market.
Get Sample Copy of Report @ https://www.vantagemarketresearch.com/paints-undefined-coatings-market-1147/request-sample
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The Major Players Profiled in the Market Report are:-
Braskem S.A (Brazil), Axalta Coating Systems Ltd (U.S.), and Akzo Nobel N.V (Netherlands)
Paints and Coatings Market 2024 covers powerful research on global industry size, share, and growth which will allow clients to view possible requirements and forecasts. Opportunities and drivers are assembled after in-depth research by the expertise of the construction robot market. The Paints and Coatings Market report provides an analysis of future development strategies, key players, competitive potential, and key challenges in the industry.
Global Paints and Coatings Market Report 2024 reveals all critical factors related to diverse boom factors inclusive of contemporary trends and traits withinside the worldwide enterprise. It affords a complete review of the top manufacturers, present-day enterprise status, boom sectors, and commercial enterprise improvement plans for the destiny scope.
The Paints and Coatings Market document objectives to offer nearby improvement to the market using elements inclusive of income revenue, destiny market boom rate. It gives special observation and analysis of key aspects with quite a few studies strategies consisting of frenzy and pestle evaluation, highlighting present-day market conditions. to be. Additionally, the document affords insightful records approximately the destiny techniques and opportunities of worldwide players.
You Can Buy This Report From Here: https://www.vantagemarketresearch.com/buy-now/paints-undefined-coatings-market-1147/0
Global Paints and Coatings Market, By Region
1) North America- (United States, Canada, Mexico, Cuba, Guatemala, Panama, Barbados, and many others)
2) Europe- (Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium, and many others)
3) the Asia Pacific- (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam, and many others)
4) the Middle East & Africa- (Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria, and many others)
5) Latin America- (Brazil, Argentina, Colombia, Chile, Peru, and many others)
This Paints and Coatings Market Research/analysis Report Contains Answers to your following Questions
What trends, challenges, and barriers will impact the development and sizing of the global market?
What is the Paints and Coatings Market growth accelerator during the forecast period?
SWOT Analysis of key players along with its profile and Porter’s five forces analysis to supplement the same.
How much is the Paints and Coatings Market industry worth in 2019? and estimated size by 2024?
How large is the Paints and Coatings Market? How long will it keep growing and at what rate?
Which section or location will force the market and why?
What is the important thing current tendencies witnessed in the Paints and Coatings Market?
Who are the top players in the market?
What and How many patents are filed by the leading players?
What is our Offering for a bright industry future?
The Research Objectives of this Report are to:-
Company, key regions/countries, merchandise and applications, historical records from 2018 to 2022, and global Paints and Coatings Market till 2032. Study and analyze the market length (cost and volume).
To recognize the structure of Paints and Coatings Market via way of means of figuring out its numerous subsegments.
Paints and Coatings Market on the subject of the primary regions (with every essential country). Predict the cost and length of submarkets.
To examine the Paints and Coatings Markets with appreciation to person boom trends, destiny prospects, and their contribution to the general market.
To examine aggressive trends consisting of expansions, contracts, new product launches, and acquisitions withinside the market.
Strategic profiling of key gamers and complete evaluation of growth strategies.
Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/paints-undefined-coatings-market-1147
Reasons to Buy Market Report
The market record presents a qualitative and quantitative analysis of the market based on segmentation that includes each economic and non-economic element.
Paints and Coatings Market through the region. The market evaluation highlights the consumption of products/services in areas and well-known shows elements influencing the market in every region.
Paints and Coatings Market. It consists of an in-depth analysis of the market from specific views via Market Porter's Five Forces Analysis and provides insights into the market via the Value Chain.
The Paints and Coatings Market file provides an outline of market fee (USD) information for every segment and sub-segment.
It consists of an in-depth analysis of the market from distinct views via a 5 forces analysis of the Paints and Coatings Market and offers insights into the market through the fee chain.
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coolkailas · 3 months ago
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Don't miss out on business opportunities in Paints & Coatings Market Industry  Download to our Report PDF Brochure & gain crucial industry insights that will help your business grow. Click on Link For PDF Download https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=156661838&utm_source=linkedin-ks&utm_medium=social&utm_campaign=chksoct24
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prismouae · 3 months ago
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How to Choose the Right Waterborne Paint for Your Project in UAE Road Beautification
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When it comes to road beautification projects in the UAE, selecting the right paint is crucial. With the unique environmental conditions in the region, including extreme heat, dust, and high traffic volume, choosing a durable, eco-friendly, and cost-effective paint solution can make all the difference. Waterborne paints have become increasingly popular in the UAE for road marking and beautification due to their environmental benefits, ease of application, and durability. This guide will help you choose the right waterborne paint manufacturer in UAE for your project while highlighting key factors to consider.
Understanding Waterborne Paints
Waterborne paints, unlike solvent-based options, use water as their primary solvent. This makes them more environmentally friendly, as they emit lower levels of volatile organic compounds (VOCs). These paints are ideal for road projects because they provide a durable and long-lasting solution that stands up well to the harsh climate in the UAE.
Factors to Consider When Choosing Waterborne Paint for UAE Road Projects
1. Durability and Weather Resistance
One of the key factors to consider when choosing waterborne paint is its durability. Given the UAE’s scorching temperatures and exposure to UV rays, the paint you choose must be able to withstand these conditions without fading or deteriorating. Waterborne paint manufacturers in UAE develop products specifically tailored to these weather conditions, ensuring your project lasts longer with minimal maintenance.
2. Environmental Considerations
Sustainability is becoming an essential consideration in modern road beautification projects. Waterborne paints are known for being environmentally friendly because they produce fewer harmful emissions compared to solvent-based paints. This is especially important in the UAE, where maintaining air quality is a key concern. When selecting a waterborne paint supplier in UAE, ensure they offer eco-friendly options that meet international standards.
3. Fast Drying Time
For road beautification projects, fast-drying paint is essential to minimize traffic disruption. Waterborne paints have the advantage of quicker drying times compared to other types of paint, which allows roads to be reopened to traffic sooner. This factor is especially important for large-scale urban projects where reducing downtime is a priority.
4. Adhesion to Various Surfaces
Road surfaces can vary significantly, and the paint you choose must adhere well to a variety of materials such as asphalt, concrete, and stone. Water-based paint manufacturers in UAE offer products specifically designed to adhere to the different surfaces found in UAE roadways. This ensures that the paint remains vibrant and intact, even in high-traffic areas.
5. Compliance with UAE Regulations
Regulations around road safety and environmental sustainability are stringent in the UAE. It’s important to select paints that comply with these regulations to avoid fines or having to reapply the paint prematurely. A reputable waterborne paint manufacturer in UAE will be knowledgeable about these standards and will provide products that are compliant with local guidelines.
Choosing the Right Waterborne Paint Manufacturer in UAE
With several manufacturers and suppliers in the UAE, it’s essential to choose the right one for your specific needs. Here are a few things to look for when selecting the best waterborne paint supplier in UAE for your road beautification project.
1. Experience and Expertise
When choosing a waterborne paint manufacturer in UAE, opt for a company with proven experience in delivering high-quality paints for road projects. Manufacturers who specialize in waterborne paint understand the unique requirements of UAE’s climate and road conditions.
2. Customization Options
Not all road beautification projects are the same. You may need specific colors, finishes, or formulations that are suited to your project. Leading water-based paint manufacturers in UAE offer customization options to ensure the paint meets your project’s specific needs.
3. Quality Control and Testing
Ensure the manufacturer you choose has stringent quality control measures in place. This ensures that the waterborne paint you use is reliable and meets both performance and safety standards. Ask the manufacturer about their testing processes and request product certifications to ensure the quality of the paint you’re considering.
4. Customer Support and After-Sales Service
Working with a manufacturer that offers excellent customer support is crucial for large-scale projects. From helping you choose the right paint to providing guidance on application, a dedicated support team can make the process easier. After-sales service, including assistance with troubleshooting or maintenance, is also a key consideration.
How Prismo Can Help with Your Waterborne Paint Needs
When it comes to high-quality waterborne paints in the UAE, Prismo stands out as a leading provider. Offering comprehensive solutions for road beautification, Prismo supplies durable, environmentally friendly waterborne paints that are ideal for the unique conditions in the UAE. Whether you need road marking paints or custom formulations for a specific project, Prismo provides tailored solutions to meet your needs.
Why Choose Prismo for Your Road Beautification Project?
Expertise in Waterborne Paint Solutions: With years of experience in the industry, Prismo has built a reputation as a reliable waterborne paint manufacturer in UAE. Their products are engineered for performance and longevity, even in the harshest conditions.
Environmentally Friendly Products: Prismo takes sustainability seriously. Their waterborne paints are low-VOC, making them a great choice for projects where environmental impact is a concern.
Customization and Innovation: Prismo offers a wide range of customization options, ensuring that your project is equipped with the right paint for the job. Their innovative approach ensures you’re always getting the latest in paint technology.
Compliance and Quality Assurance: All of Prismo’s products are fully compliant with UAE’s road safety and environmental regulations, ensuring a seamless application process and long-lasting results.
By choosing Prismo for your road beautification project, you’re not only investing in high-quality paints but also in a reliable partnership that ensures your project is completed on time and to the highest standards.
Steps to Properly Apply Waterborne Paint for Road Beautification
Once you’ve chosen the right waterborne paint supplier in UAE, it’s essential to ensure proper application to maximize the paint’s lifespan and effectiveness.
1. Surface Preparation
Make sure the surface is clean and free of debris. This will ensure the paint adheres properly and lasts longer.
2. Weather Conditions
Apply the paint in appropriate weather conditions. Avoid extreme heat or rain, as this can affect the drying process.
3. Use Proper Equipment
Use high-quality equipment designed for waterborne paints. This will ensure an even application and prevent unnecessary wastage.
4. Follow Manufacturer’s Instructions
Always follow the application guidelines provided by your waterborne paint manufacturer. This ensures that the paint performs to its best potential and adheres well to the surface.
Conclusion
Choosing the right waterborne paint for your road beautification project in the UAE requires careful consideration of durability, environmental impact, drying time, and compliance with local regulations. Working with a reputable waterborne paint manufacturer in UAE like Prismo can ensure that you get the best products for your project. With a focus on quality, sustainability, and customer satisfaction, Prismo provides tailored solutions that meet the specific needs of UAE’s diverse road beautification projects.
FAQs
What are the advantages of using waterborne paint for road projects in the UAE? Waterborne paints are environmentally friendly, durable, and dry quickly, making them ideal for the UAE’s unique weather conditions.
How long does waterborne paint last on road surfaces? With proper application and maintenance, waterborne paints can last several years, even in high-traffic areas.
What makes Prismo a leading waterborne paint supplier in UAE? Prismo’s expertise in waterborne paint technology, eco-friendly products, and exceptional customer support make them a top choice for road beautification projects.
Is waterborne paint suitable for all types of road surfaces? Yes, waterborne paints are versatile and adhere well to a variety of road surfaces including asphalt and concrete.
How do I ensure proper application of waterborne paint? Following surface preparation guidelines, using the right equipment, and applying in appropriate weather conditions are key to ensuring proper application.
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blueweave8 · 4 months ago
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Vietnam Paints and Coatings Market Analysis, Industry Trends, Report 2023-2030
BlueWeave Consulting, a leading strategic consulting, and Market research firm, in its recent study, estimated Vietnam Paints and Coatings Market size by value at USD 2,827.6 million in 2023.During the forecast period between 2024 and 2030, BlueWeave expects Vietnam Paints and Coatings Market size to expand at a CAGR of 5.60% reaching a value of USD 4,109.2 million in 2030. Vietnam's Paints and Coatings Market is being propelled by a burgeoning middle class and rising consumer spending, which fuel demand for high-quality residential and decorative paints. The increased spending is linked to greater emphasis on home aesthetics and renovation activities. The country's favorable demographic trends, including a young and urban population, are also contributing to the market growth as urban dwellers seek modern and stylish living spaces, thereby increasing the use of paints and coatings in residential construction.
By volume, BlueWeave estimated Vietnam Paints and Coatings Market size at 2.8 billion liters in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Vietnam Paints and Coatings Market size to expand at a CAGR of 6.10% reaching a volume of 4.1 billion litersby 2030. Vietnam's strategic initiatives to attract foreign direct investments in manufacturing and infrastructure projects are significantly boosting the market. As the country becomes a manufacturing hub, the need for protective coatings in various industries, such as automotive, electronics, and machinery, is escalating. Government policies promoting sustainable and eco-friendly practices are fostering the adoption of low-VOC and water-based coatings, aligning with global environmental standards. The rise of the e-commerce sector is also enhancing market accessibility, allowing consumers to conveniently purchase a wide range of paints and coatings online, further driving market expansion.
Sample Request @ https://www.blueweaveconsulting.com/report/vietnam-paints-and-coatings-market/report-sample
Opportunity – Growing automotive and manufacturing sectors
The expansion of Vietnam's automotive and manufacturing sectors is significantly driving the growth of the paints and coatings market. Increased vehicle production and infrastructure development projects are fueling the demand for high-performance coatings to enhance durability and aesthetics. Additionally, the rise in domestic manufacturing activities, supported by government initiatives and foreign investments, is boosting the need for industrial coatings. The trend underscores the pivotal role of these sectors in propelling the growth of Vietnam Paints and Coating Market in the coming years.
Impact of Escalating Geopolitical Tensions on Vietnam Paints and Coatings Market
The growth of Vietnam Paints and Coatings Market is at risk due to escalating geopolitical tensions. Trade disruptions, supply chain constraints, and increased tariffs could lead to shortages of raw materials, increasing production costs. It could also hinder exports, slow technological advancements, and cause pricing volatility. To mitigate these risks, companies should diversify supply sources and explore local production options.
Architectural End Use Segment Holds Largest Market Share
Vietnam Paints and Coatings Market is comprised of Architectural and Industrial end use segments. The architectural segment is a larger contributor to the growth of Vietnam Paints and Coatings Market by end use. The segment’s dominance is driven by the country's booming construction and real estate sectors, as well as the increasing demand for residential and commercial buildings. The architectural segment encompasses products used for interior and exterior surfaces, providing protection and aesthetic appeal to structures. The growing urbanization and infrastructure development in Vietnam significantly contribute to the prominence of the architectural segment in the market.
Competitive Landscape
Vietnam Paints and Coatings Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Oranges Co., Ltd, Jotun Paints Vietnam Company Limited, AkzoNobel Powder Coating Ltd, Nippon Paint (Vietnam) Co., Ltd, Hanoi Synthetic Paint Joint Stock Company, Dong Tam Paint, Alphanam Paint, and Hoa Binh Paint. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Vietnam Paints and Coatings Market.
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creativeera · 5 months ago
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Neon Paint Market is Trending Due to Increased Usage in Light-up Projects
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Neon paint has emerged as one of the trending decorative paints due to its increased popularity for light-up projects across residential and commercial spaces. Neon paint has unique fluorescent pigments and photo luminescent qualities that allow it shine bright in dark surroundings once illuminated with a source of light. Neon paint provides a neon sign effect and can be used on various surfaces such as glass, wood, metal, and plastic. With growing interests in DIY light-up décor projects and glow-in-the-dark artworks, demand for neon paint has increased significantly. Neon paint comes in a variety of colors and is user-friendly giving creative control to designers and hobbyists. It is durable, weather resistant and available in spray cans and bottles for easy application. The Global Neon Paint Market is experiencing significant growth, with a valuation of US$ 394.5 Mn in 2023. It is projected to reach US$ 671.8 Mn by 2030, exhibiting a robust Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period.
Key Takeaways Key players operating in the Neon Paint market are Lift Foils, F4 Foils, Horue Foil, Cabrinha, FANATIC, JP Australia, Neilpryde Windsurfing, North Sails, RRDFoils, Starboard, Slingshot Sports, Phantom Boards, Duotone, Naish International, Tabou, Exocet, GA Fins. The growing popularity of DIY projects and interest in neon artworks has propelled the demand for neon paint globally. Individual artists and small businesses making glow-in-the-dark signs have contributed to market growth. Leading neon paint manufacturers are exploring opportunities in emerging economies to expand their geographic footprint. The Neon Paint market Demand increasing purchasing power and consumption of decorative products in Asia Pacific and Middle East regions is pushing these players to enhance their presence in these high growth potential markets. Market Key Trends One of the key trends gaining popularity in the neon paint market is the launch of new product varieties with innovative formulations. Manufacturers are coming up with neon paints offering various glow effects ranging from day-glow to black-light reactive for exceptional visual appeal. Products with long lasting glow, water resistance and compatibility with multiple surfaces are witnessing high demand. Moreover, launch of LED neon paint kits and interactive lighting products using neon paint has opened new application avenues attracting creative consumers. The emerging innovations are expected to further stimulate the market growth over the coming years.
Porter’s Analysis Threat of new entrants: Paint manufacturers have to invest large amount of resources in R&D and production facilities. Bargaining power of buyers: Large buyers such as automotive manufacturers can negotiate for lower prices. Bargaining power of suppliers: Suppliers of raw materials such as argon and mercury have some control over pricing. Threat of new substitutes: Alternatives such as LEDs provide competition but neon paint offers unique glow effect. Competitive rivalry: Competition is intense as global players vie for market share. Geographical Regions North America accounts for the largest share of the neon paint market in terms of value owing to high demand from automotive and advertising industries. Asia Pacific is the fastest growing regional market due to growth in automotive and construction sectors in countries such as China and India. Major automakers use neon paints to enhance appearance of cars. Advertisers prefer neon paints signs and boards since they glow brightly even in daylight.
Get more insights on Neon Paint Market
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coldpenguintaco · 5 months ago
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Global Decorative Coatings Market Forecast to 2027: Trends in Resin Type, Technology, and Regional Growth
The global decorative coatings market size is projected to grow from USD 82.0 billion in 2022 to USD 98.9 billion by 2027, at a CAGR of 3.8%. The global decorative coatings market is witnessing high growth with rising demand from the Asia Pacific region, especially, from China and India. The demand for decorative coatings is increasing due to increasing demand from end-use industries. Green,…
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deepakmishra006 · 5 months ago
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hritika1 · 6 months ago
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Get the latest India Paints & Coating market report, including size, trends, share, and revenue for 2028. Stay ahead with market outlook and future insights.
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vantagemarketresearch · 6 months ago
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Paints and Coatings Market Size to Hit $248.2 Billion By 2032
This report aims to provide a comprehensive presentation of the global market for Paints and Coatings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies.
The global Paints and Coatings Market is poised for significant growth, propelled by cutting-edge research insights highlighted in the latest report for the year 2024. Titled "Global Paints and Coatings Market Research Report 2024," this comprehensive study promises to illuminate the trajectory of the market with key trends, opportunities, and challenges.
According to Vantage Market Research, the Global Paints and Coatings Market is estimated to be valued at USD 248.2 Billion by 2030 at an exponential growth rate of 3.5% in the next seven years.
Authored by a team of seasoned analysts and industry experts, the report offers a deep dive into the dynamics shaping the Paints and Coatings landscape worldwide. From market drivers to restraints, from emerging opportunities to competitive analysis, the document is a one-stop resource for stakeholders seeking to navigate the complexities of this crucial sector.
Get a Sample PDF of this Report (Including Full TOC, List of Tables & Figures, Chart) @ https://www.vantagemarketresearch.com/paints-undefined-coatings-market-1147/request-sample
Some of the Key Players of Paints and Coatings Market are: Braskem S.A (Brazil), Axalta Coating Systems Ltd (U.S.), and Akzo Nobel N.V (Netherlands)
Key Highlights of the Report include:
Market Overview: A holistic view of the global Paints and Coatings Market, encompassing historical data, current scenario, and future projections.
Segmentation Analysis: Detailed segmentation based on product types, applications, and geographical regions, providing invaluable insights for strategic decision-making.
Trends and Developments: Analysis of the latest trends, technological advancements, and regulatory frameworks influencing the market dynamics.
Competitive Landscape: In-depth profiling of leading players, their market strategies, and competitive positioning.
Market Opportunities: Identification of untapped opportunities and niche segments for potential growth and investment.
This research report serves as a comprehensive guide for industry players, investors, and policymakers alike, offering actionable insights to capitalize on the evolving dynamics of the Paints and Coatings Market.
For more information or to get sample copy of report, please visit @ https://www.vantagemarketresearch.com/paints-undefined-coatings-market-1147/request-sample
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Key Question Answered in Paints and Coatings Market Report
✅ What will be the estimated size of the Paints and Coatings Market in 2024?
✅ At what rate will the Paints and Coatings Market sales grow until 2032?
✅ Which are the factors hampering the Paints and Coatings Market demand?
✅ Which region will spearhead the growth in the global Paints and Coatings Industry during 2024-2032?
✅ Which are the factors driving sales in the Paints and Coatings Market during the forecast period?
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ https://www.vantagemarketresearch.com/industry-report/paints-undefined-coatings-market-1147
Regional Analysis: -
→ North America (U.S., Canada, China) → Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe) → Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India) → Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)
Reasons to Buy This Report:
✅ The report offers a detailed overview of the Paints and Coatings Market by defining, describing, and classifying it, providing valuable insights for stakeholders.
✅ It includes SWOT analysis and business plans of each vendor, enabling decision-makers to assess their strengths, weaknesses, opportunities, and threats.
✅ In-depth analyses of current market trends, trend forecasts, and growth factors empower stakeholders to make informed decisions and capitalize on Paints and Coatings Market opportunities.
✅ Thorough reviews of the vendor landscape, competitive analysis, and important market strategies offer actionable insights for gaining a competitive edge in the Paints and Coatings Market.
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researchrealmblog · 7 months ago
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Paints and Coatings Market Will Touch USD 238.8 Billion in 2030
The paints and coatings market was USD 164.1 billion in 2022, and it will touch USD 238.8 billion, propelling at a 4.80% compound annual growth rate, by 2030.
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The progression of this industry is because of the surging utilization of these products in the sectors of construction, automotive, and general industrial. Moreover, the constant industrialization and urbanization in developing nations are likely to boost the need for these products in various applications.
Furthermore, the product requirement across the globe has surged moderately in the past few years despite numerous worries, such as the effects of the low crude oil costs, the decline of main economies, the changes in regulatory standards, and the stoppage of the construction and automotive sectors.
In 2022, the water-borne category, based on technology, dominated the paints and coatings market, with approximately 47% share. This can be because of their mounting utilization in the sectors of furniture, automotive, wood, printing inks, and plastic. In addition, such coatings also provide benefits such as low emissions of VOC, easier application, and fast drying.
Furthermore, the need for these coatings will be constant in the years to come, because of their surging need in the manufacturing of furniture and automobiles, because of their greater adhesion properties and cost-effectiveness.
Whereas, the powder coatings category is likely to advance at a 6% CAGR, in the years to come. The main utilization areas of such coatings include critical auto, industrial machinery components, and engines, as they are resistant to abrasion, detergents, corrosion, and chemicals.
The architectural coatings category, based on application, accounted for the dominating share of the industry, of over 52%, in the past few years. The increasing projects of construction, particularly in the sectors of roadways and railways, in countries such as India, China, the U.S., the U.K., and Germany will further boost the progression of this category.
APAC held the dominating share of the industry, and it will also advance at the highest rate, of 5.9%, in the years to come. This can be mainly because of the developing construction sector in India and China, which is boosting the acceptance of new coating resins & formulations.
Moreover, the surging need for paints and coatings for the repair or renovation of residential and commercial buildings assists the progression of this industry in the region. In addition, the surging funding from overseas and the government in the sectors of automotive and construction also boosted the growth of the regional industry.
It is because of the mounting product utilization in the sectors of construction, automotive, and general industries, the paints and coatings industry will continue to progress in the years to come.
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ceresana · 7 months ago
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Opportunities Not Just for Acrylic: Ceresana Report on the European Market for Paints and Coatings
Water continues to gain in importance as a solvent: Water-based paints and coatings, which are comparatively environmentally friendly, already satisfy more than half of demand in Europe. According to the latest Ceresana report on coatings, Europeans consume a total of around 9.2 million tonnes of paints and varnishes every year. Increasingly, bio-based coatings are being used, which can be combined well with bio-insulation materials, bio-adhesives and other sustainable construction materials. However, sales of paint products based on plastics such as acrylic, alkyd, epoxy, polyurethane or polyester are also increasing. Vinyl paints alone currently account for around 23% of total demand. Ceresana’s market researchers provide forecasts up to the year 2032: In the European coatings market, they expect the strongest growth for acrylic paints.
Further information about the 6th edition of the market study “Paints and Coatings – Europe”: https://ceresana.com/en/produkt/paints-and-coatings-market-report-europe
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comparableau · 8 months ago
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The global paints and coatings market is likely to showcase a growth of around 4% during the forecast period.
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