Global Construction Paints and Coatings Market – Industry Trends and Forecast to 2031
Report ID: MS-1609 | Chemicals And Materials | Last updated: Aug, 2024 | Formats*:
Description
Table of content
Market Segments
The Construction Paints and Coatings market is experiencing robust expansion, with market size projected to increase from XX billion in 2024 to
xx billion by 2031, demonstrating a consistent year-over-year growth rate of 4.6%. Construction Paints and Coatings Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Alkyd, Epoxy, Polyester, Polyurethane, Others (Silicone, amino, polyurea, and polyolefin)), And regions (North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2031
The paints and coatings market for construction encompasses the manufacturing, distribution, and selling of such special coatings applied to various construction surfaces. It performs dual functions: protection from natural elements and beautification of the structure. Some of the available coatings include exterior and interior paints, primers, varnishes, enamels, and specialised ones for applications such as waterproofing, fireproofing, and insulation.
This market is also directly related to the construction industry, and the factors influencing its growth directly relate to urbanisation, infrastructure set-up processes, and residential/commercial building activities. The increasing emphasis on sustainable and eco-friendly building practices has been another major driving force for paints and coatings.
Construction Paints and Coatings Report Highlights
| Report Metrics | Details |
|---|---|
| Forecast period | 2019-2031 |
| Base Year Of Estimation | 2023 |
| Growth Rate | CAGR of 4.6% |
| By Product Type | Alkyd, Epoxy, Polyester, Polyurethane, Others (Silicone, amino, polyurea, and polyolefin) |
| Key Market Players |
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| By Region |
|
Construction Paints and Coatings Market Trends
Probably, the key trends that have created major transformations in the construction paints and coatings market include a focus on sustainability. Indeed, greater demands are made on eco-friendly, low-VOC, and water-based coatings. Besides, advanced technologies like nanotechnology that are implemented in the process of production make it possible to produce coatings with such advanced features as self-cleaning, anti-microbial, and fire-retardant capabilities. The market is also related to the increasing trend towards specialised coatings, whether corrosion-resistant coatings for industrial facilities or energy-efficient coatings for buildings. Also, growing concerns towards indoor air quality are influencing the formulation of paints and coatings with low or no harmful emissions.Construction Paints and Coatings Market Leading Players
The key players profiled in the report are Kansai Paint Co., Ltd. (Japan), Beckers Group (Germany), RPM International, Inc. (US), Axalta Coating Systems Ltd. (US), Sxika AG (Switzerland), NOROO Paint & Coatings Co., Ltd. (South Korea), KCC CORPORATION (South Korea), Nippon Paint Holdings Co., Ltd. (Japan), The Sherwin-Williams Company (US), Wacker Chemie AG (Germany), PPG Industries, Inc. (US), Hempel A/S (Denmark), Jotun (Norway), Asian Paints PPG Pvt. Limited (India), Akzo Nobel N.V. (Netherlands)Growth Accelerators
Some of the major drivers of the construction paints and coatings market are the growth in the construction industry, impelled by urbanisation, infrastructure development, and a rise in disposable income. With the progression of cities and an increase in population comes the need for new residential and commercial buildings, hence raising the demand for paints and coatings. Moreover, the rising concern towards sustainability and energy efficiency is also speeding up the development and consumption of eco-friendly paints and coatings. Government and consumers have been rapidly moving their focus towards green products, which in turn has created huge demand for low-VOC, water-based, and bio-based coatings. All these factors together drive the construction paints and coatings market forcefully.Construction Paints and Coatings Market Segmentation analysis
The Global Construction Paints and Coatings is segmented by Type, and Region. By Type, the market is divided into Distributed Alkyd, Epoxy, Polyester, Polyurethane, Others (Silicone, amino, polyurea, and polyolefin) . Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
In this huge number, there exists rigorous competition among the players. The construction paints and coatings market ranges at one end from multinational conglomerates to regional and local manufacturers. Companies are having a hard time gaining a higher share of the market because of the fact that product and pricing strategies are mixed well with distributor winning and brand building strategies. Consolidation is what is being witnessed in the market, whereby larger companies are acquiring the smaller ones to increase their product portfolios and geographical reach. Furthermore, the increasing concern and focus on sustainability and the environment have forced most companies to be involved in research and development of eco-friendly high-performance coatings. Also, changing consumer and construction industry preferences, characterised by growing demand for specialised coatings tailored to specific applications and market segments, are resetting the competitive dynamicsChallenges In Construction Paints and Coatings Market
The challenges are many in the construction paints and coatings market. Raw material prices for some of these key input components, such as resins, pigments, and solvents, see extreme price swings, which make life difficult for-profit margins. The stringent environmental legislation aimed at cutting back volatile organic compounds (VOCs) and other dangerous emissions requires huge investments in research and development to formulate compliant products. In such an environment, with high competition from established players and emerging new entrants, the pressure on pricing and product differentiation is increasing. Besides, the reduced demand due to economic downturns and fluctuations in the construction industry has also hit the overall market growth of paints and coatings.Risks & Prospects in Construction Paints and Coatings Market
Paints and coatings in construction offer a number of opportunities from the perspectives of growth and innovation. Sprawling infrastructure development across the globe, more specifically in developing economies, is certainly able to provide huge potential for market growth. Rising trends in sustainable and eco-friendly construction methodologies are paving ways for low-VOC, water-borne, and bio-based coatings. Another major trend that is driving demand towards high-performance and more aesthetic coatings is the rising home renovation and interior design trends. Moreover, the progress of functionalised coatings with advanced functionalities, such as self-cleaning, antimicrobial, and fire-retardant coatings, could further open new market segments. Again, these present opportunities with coatings that enhance insulation, thermal reflectivity, and acoustic properties against the growing emphasis on energy efficiency and building performance.Key Target Audience
The principal target markets for construction paints and coatings are all categories of stakeholders in building and construction activity. If anything, they are the construction companies—the large-scale enterprises and small-scale contractors—who use these products for all types of projects, from residential complexes to commercial buildings and infrastructure development. Architects and interior designers also form a very significant segment that specifies paints and coatings to meet desired aesthetic and functional objectives.,, Beyond that, it goes as far as the retail consumer sector executing DIY activities regarding home improvement and also purchasing paints and coatings for the purpose of interior and exterior decoration. Government and public sector companies involved in the development of infrastructure and public housing projects also comprise an important share of the target market since they demand huge amounts of paint and coating products.Merger and acquisition
The paints and coatings industry of construction has recently witnessed an increased growth in merger and acquisition activities. This is powered by companies that grow through expansion and thereby generate more technological advancement. Strategic acquisitions have consolidated major players only in terms of position, thus helping them to enhance their product portfolio, geographical reach, and capitalise on upcoming trends. For instance, the acquisition of Tikkurila by PPG Industries was a major step towards establishing a stronger foothold for the latter in the European market. The merger of Dunn-Edwards Corporation with Nippon Paint Holdings increased the reach of both companies to form a formidable force in the North American market. Among other things, such strategic alliances have reshaped the competitive landscape characterised by innovation and industry consolidation.Table of content
1: Introduction
2: Executive Summary
3: Market Overview
4: Construction Paints and Coatings Market by Type
5: Construction Paints and Coatings Market by End-use Outlook
6: Construction Paints and Coatings Market by Solution Type Outlook
7: Construction Paints and Coatings Market by Region
9: Company Profiles
10: Analyst Perspective and Conclusion
- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Construction Paints and Coatings- Snapshot
- 2.2 Construction Paints and Coatings- Segment Snapshot
- 2.3 Construction Paints and Coatings- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Construction Paints and Coatings Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Alkyd
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Epoxy
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Polyester
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
- 4.5 Polyurethane
- 4.5.1 Key market trends, factors driving growth, and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market share analysis by country
- 4.6 Others (Silicone
- 4.6.1 Key market trends, factors driving growth, and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market share analysis by country
- 4.7 amino
- 4.7.1 Key market trends, factors driving growth, and opportunities
- 4.7.2 Market size and forecast, by region
- 4.7.3 Market share analysis by country
- 4.8 polyurea
- 4.8.1 Key market trends, factors driving growth, and opportunities
- 4.8.2 Market size and forecast, by region
- 4.8.3 Market share analysis by country
- 4.9 and polyolefin)
- 4.9.1 Key market trends, factors driving growth, and opportunities
- 4.9.2 Market size and forecast, by region
- 4.9.3 Market share analysis by country
5: Construction Paints and Coatings Market by End-use Outlook
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Architectural
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Non-residential
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
6: Construction Paints and Coatings Market by Solution Type Outlook
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Waterborne
- 6.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 Solvent-borne
- 6.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
- 6.4 Powder
- 6.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country
- 6.5 Others (UV & EB)
- 6.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market share analysis by country
7: Construction Paints and Coatings Market by Region
- 7.1 Overview
- 7.1.1 Market size and forecast By Region
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 Market size and forecast, by Type
- 7.2.3 Market size and forecast, by Application
- 7.2.4 Market size and forecast, by country
- 7.2.4.1 United States
- 7.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.1.2 Market size and forecast, by Type
- 7.2.4.1.3 Market size and forecast, by Application
- 7.2.4.2 Canada
- 7.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.2.2 Market size and forecast, by Type
- 7.2.4.2.3 Market size and forecast, by Application
- 7.2.4.3 Mexico
- 7.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.3.2 Market size and forecast, by Type
- 7.2.4.3.3 Market size and forecast, by Application
- 7.2.4.1 United States
- 7.3 South America
- 7.3.1 Key trends and opportunities
- 7.3.2 Market size and forecast, by Type
- 7.3.3 Market size and forecast, by Application
- 7.3.4 Market size and forecast, by country
- 7.3.4.1 Brazil
- 7.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.1.2 Market size and forecast, by Type
- 7.3.4.1.3 Market size and forecast, by Application
- 7.3.4.2 Argentina
- 7.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.2.2 Market size and forecast, by Type
- 7.3.4.2.3 Market size and forecast, by Application
- 7.3.4.3 Chile
- 7.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.3.2 Market size and forecast, by Type
- 7.3.4.3.3 Market size and forecast, by Application
- 7.3.4.4 Rest of South America
- 7.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.4.2 Market size and forecast, by Type
- 7.3.4.4.3 Market size and forecast, by Application
- 7.3.4.1 Brazil
- 7.4 Europe
- 7.4.1 Key trends and opportunities
- 7.4.2 Market size and forecast, by Type
- 7.4.3 Market size and forecast, by Application
- 7.4.4 Market size and forecast, by country
- 7.4.4.1 Germany
- 7.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.1.2 Market size and forecast, by Type
- 7.4.4.1.3 Market size and forecast, by Application
- 7.4.4.2 France
- 7.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.2.2 Market size and forecast, by Type
- 7.4.4.2.3 Market size and forecast, by Application
- 7.4.4.3 Italy
- 7.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.3.2 Market size and forecast, by Type
- 7.4.4.3.3 Market size and forecast, by Application
- 7.4.4.4 United Kingdom
- 7.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.4.2 Market size and forecast, by Type
- 7.4.4.4.3 Market size and forecast, by Application
- 7.4.4.5 Benelux
- 7.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.5.2 Market size and forecast, by Type
- 7.4.4.5.3 Market size and forecast, by Application
- 7.4.4.6 Nordics
- 7.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.6.2 Market size and forecast, by Type
- 7.4.4.6.3 Market size and forecast, by Application
- 7.4.4.7 Rest of Europe
- 7.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.7.2 Market size and forecast, by Type
- 7.4.4.7.3 Market size and forecast, by Application
- 7.4.4.1 Germany
- 7.5 Asia Pacific
- 7.5.1 Key trends and opportunities
- 7.5.2 Market size and forecast, by Type
- 7.5.3 Market size and forecast, by Application
- 7.5.4 Market size and forecast, by country
- 7.5.4.1 China
- 7.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.1.2 Market size and forecast, by Type
- 7.5.4.1.3 Market size and forecast, by Application
- 7.5.4.2 Japan
- 7.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.2.2 Market size and forecast, by Type
- 7.5.4.2.3 Market size and forecast, by Application
- 7.5.4.3 India
- 7.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.3.2 Market size and forecast, by Type
- 7.5.4.3.3 Market size and forecast, by Application
- 7.5.4.4 South Korea
- 7.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.4.2 Market size and forecast, by Type
- 7.5.4.4.3 Market size and forecast, by Application
- 7.5.4.5 Australia
- 7.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.5.2 Market size and forecast, by Type
- 7.5.4.5.3 Market size and forecast, by Application
- 7.5.4.6 Southeast Asia
- 7.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.6.2 Market size and forecast, by Type
- 7.5.4.6.3 Market size and forecast, by Application
- 7.5.4.7 Rest of Asia-Pacific
- 7.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.7.2 Market size and forecast, by Type
- 7.5.4.7.3 Market size and forecast, by Application
- 7.5.4.1 China
- 7.6 MEA
- 7.6.1 Key trends and opportunities
- 7.6.2 Market size and forecast, by Type
- 7.6.3 Market size and forecast, by Application
- 7.6.4 Market size and forecast, by country
- 7.6.4.1 Middle East
- 7.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.6.4.1.2 Market size and forecast, by Type
- 7.6.4.1.3 Market size and forecast, by Application
- 7.6.4.2 Africa
- 7.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.6.4.2.2 Market size and forecast, by Type
- 7.6.4.2.3 Market size and forecast, by Application
- 7.6.4.1 Middle East
- 8.1 Overview
- 8.2 Key Winning Strategies
- 8.3 Top 10 Players: Product Mapping
- 8.4 Competitive Analysis Dashboard
- 8.5 Market Competition Heatmap
- 8.6 Leading Player Positions, 2022
9: Company Profiles
- 9.1 Kansai Paint Co.
- 9.1.1 Company Overview
- 9.1.2 Key Executives
- 9.1.3 Company snapshot
- 9.1.4 Active Business Divisions
- 9.1.5 Product portfolio
- 9.1.6 Business performance
- 9.1.7 Major Strategic Initiatives and Developments
- 9.2 Ltd. (Japan)
- 9.2.1 Company Overview
- 9.2.2 Key Executives
- 9.2.3 Company snapshot
- 9.2.4 Active Business Divisions
- 9.2.5 Product portfolio
- 9.2.6 Business performance
- 9.2.7 Major Strategic Initiatives and Developments
- 9.3 Beckers Group (Germany)
- 9.3.1 Company Overview
- 9.3.2 Key Executives
- 9.3.3 Company snapshot
- 9.3.4 Active Business Divisions
- 9.3.5 Product portfolio
- 9.3.6 Business performance
- 9.3.7 Major Strategic Initiatives and Developments
- 9.4 RPM International
- 9.4.1 Company Overview
- 9.4.2 Key Executives
- 9.4.3 Company snapshot
- 9.4.4 Active Business Divisions
- 9.4.5 Product portfolio
- 9.4.6 Business performance
- 9.4.7 Major Strategic Initiatives and Developments
- 9.5 Inc. (US)
- 9.5.1 Company Overview
- 9.5.2 Key Executives
- 9.5.3 Company snapshot
- 9.5.4 Active Business Divisions
- 9.5.5 Product portfolio
- 9.5.6 Business performance
- 9.5.7 Major Strategic Initiatives and Developments
- 9.6 Axalta Coating Systems Ltd. (US)
- 9.6.1 Company Overview
- 9.6.2 Key Executives
- 9.6.3 Company snapshot
- 9.6.4 Active Business Divisions
- 9.6.5 Product portfolio
- 9.6.6 Business performance
- 9.6.7 Major Strategic Initiatives and Developments
- 9.7 Sxika AG (Switzerland)
- 9.7.1 Company Overview
- 9.7.2 Key Executives
- 9.7.3 Company snapshot
- 9.7.4 Active Business Divisions
- 9.7.5 Product portfolio
- 9.7.6 Business performance
- 9.7.7 Major Strategic Initiatives and Developments
- 9.8 NOROO Paint & Coatings Co.
- 9.8.1 Company Overview
- 9.8.2 Key Executives
- 9.8.3 Company snapshot
- 9.8.4 Active Business Divisions
- 9.8.5 Product portfolio
- 9.8.6 Business performance
- 9.8.7 Major Strategic Initiatives and Developments
- 9.9 Ltd. (South Korea)
- 9.9.1 Company Overview
- 9.9.2 Key Executives
- 9.9.3 Company snapshot
- 9.9.4 Active Business Divisions
- 9.9.5 Product portfolio
- 9.9.6 Business performance
- 9.9.7 Major Strategic Initiatives and Developments
- 9.10 KCC CORPORATION (South Korea)
- 9.10.1 Company Overview
- 9.10.2 Key Executives
- 9.10.3 Company snapshot
- 9.10.4 Active Business Divisions
- 9.10.5 Product portfolio
- 9.10.6 Business performance
- 9.10.7 Major Strategic Initiatives and Developments
- 9.11 Nippon Paint Holdings Co.
- 9.11.1 Company Overview
- 9.11.2 Key Executives
- 9.11.3 Company snapshot
- 9.11.4 Active Business Divisions
- 9.11.5 Product portfolio
- 9.11.6 Business performance
- 9.11.7 Major Strategic Initiatives and Developments
- 9.12 Ltd. (Japan)
- 9.12.1 Company Overview
- 9.12.2 Key Executives
- 9.12.3 Company snapshot
- 9.12.4 Active Business Divisions
- 9.12.5 Product portfolio
- 9.12.6 Business performance
- 9.12.7 Major Strategic Initiatives and Developments
- 9.13 The Sherwin-Williams Company (US)
- 9.13.1 Company Overview
- 9.13.2 Key Executives
- 9.13.3 Company snapshot
- 9.13.4 Active Business Divisions
- 9.13.5 Product portfolio
- 9.13.6 Business performance
- 9.13.7 Major Strategic Initiatives and Developments
- 9.14 Wacker Chemie AG (Germany)
- 9.14.1 Company Overview
- 9.14.2 Key Executives
- 9.14.3 Company snapshot
- 9.14.4 Active Business Divisions
- 9.14.5 Product portfolio
- 9.14.6 Business performance
- 9.14.7 Major Strategic Initiatives and Developments
- 9.15 PPG Industries
- 9.15.1 Company Overview
- 9.15.2 Key Executives
- 9.15.3 Company snapshot
- 9.15.4 Active Business Divisions
- 9.15.5 Product portfolio
- 9.15.6 Business performance
- 9.15.7 Major Strategic Initiatives and Developments
- 9.16 Inc. (US)
- 9.16.1 Company Overview
- 9.16.2 Key Executives
- 9.16.3 Company snapshot
- 9.16.4 Active Business Divisions
- 9.16.5 Product portfolio
- 9.16.6 Business performance
- 9.16.7 Major Strategic Initiatives and Developments
- 9.17 Hempel A/S (Denmark)
- 9.17.1 Company Overview
- 9.17.2 Key Executives
- 9.17.3 Company snapshot
- 9.17.4 Active Business Divisions
- 9.17.5 Product portfolio
- 9.17.6 Business performance
- 9.17.7 Major Strategic Initiatives and Developments
- 9.18 Jotun (Norway)
- 9.18.1 Company Overview
- 9.18.2 Key Executives
- 9.18.3 Company snapshot
- 9.18.4 Active Business Divisions
- 9.18.5 Product portfolio
- 9.18.6 Business performance
- 9.18.7 Major Strategic Initiatives and Developments
- 9.19 Asian Paints PPG Pvt. Limited (India)
- 9.19.1 Company Overview
- 9.19.2 Key Executives
- 9.19.3 Company snapshot
- 9.19.4 Active Business Divisions
- 9.19.5 Product portfolio
- 9.19.6 Business performance
- 9.19.7 Major Strategic Initiatives and Developments
- 9.20 Akzo Nobel N.V. (Netherlands)
- 9.20.1 Company Overview
- 9.20.2 Key Executives
- 9.20.3 Company snapshot
- 9.20.4 Active Business Divisions
- 9.20.5 Product portfolio
- 9.20.6 Business performance
- 9.20.7 Major Strategic Initiatives and Developments
10: Analyst Perspective and Conclusion
- 10.1 Concluding Recommendations and Analysis
- 10.2 Strategies for Market Potential
Scope of Report
| Aspects | Details |
|---|---|
By Type |
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By End-use Outlook |
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By Solution Type Outlook |
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Report Licenses
$3200
$4500
$5500
Frequently Asked Questions (FAQ):
How do regulatory policies impact the Construction Paints and Coatings Market?
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Regulatory policies have a profound impact on the Construction Paints and Coatings market by setting standards for quality, safety, and efficacy. Compliance with these regulations is crucial for market entry and continuity. Changes in policies can also drive innovation and affect market dynamics
What major players in Construction Paints and Coatings Market?
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PPG Industries, Inc. (US), RPM International, Inc. (US), Axalta Coating Systems Ltd. (US), The Sherwin-Williams Company (US), Nippon Paint Holdings Co., Ltd. (Japan), NOROO Paint & Coatings Co., Ltd. (South Korea), Hempel A/S (Denmark), Kansai Paint Co., Ltd. (Japan), Asian Paints PPG Pvt. Limited (India), Beckers Group (Germany), Sxika AG (Switzerland), Jotun (Norway), Wacker Chemie AG (Germany), KCC CORPORATION (South Korea), Akzo Nobel N.V. (Netherlands) are the major companies operating in the Construction Paints and Coatings Market
What applications are categorized in the Construction Paints and Coatings market study?
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The Global Construction Paints and Coatings Market Study is segmented by applications, including
Which product types are examined in the Construction Paints and Coatings Market Study?
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The Global Construction Paints and Coatings Market Study is divided into segments based on Alkyd, Polyester, Polyurethane, Epoxy, Others (Silicone, amino, polyurea, and polyolefin)
Which regions are expected to show the fastest growth in the Construction Paints and Coatings market?
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The Global Construction Paints and Coatings Market Study includes regional breakdown as North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa)
What are the major growth drivers in the Construction Paints and Coatings market?
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Some of the major drivers of the construction paints and coatings market are the growth in the construction industry, impelled by urbanisation, infrastructure development, and a rise in disposable income. With the progression of cities and an increase in population comes the need for new residential and commercial buildings, hence raising the demand for paints and coatings.
Moreover, the rising concern towards sustainability and energy efficiency is also speeding up the development and consumption of eco-friendly paints and coatings. Government and consumers have been rapidly moving their focus towards green products, which in turn has created huge demand for low-VOC, water-based, and bio-based coatings. All these factors together drive the construction paints and coatings market forcefully.
Is the study period of the Construction Paints and Coatings flexible or fixed?
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The study period of the Construction Paints and Coatings Market is flexible. This flexibility allows for adjustments based on the specific needs and objectives of the research. Researchers can modify the time frame to include additional data points or focus on particular trends and developments, ensuring a comprehensive analysis that addresses the most relevant aspects of the market. This adaptable approach helps in providing a more accurate and tailored understanding of the market dynamics
How do economic factors influence the Construction Paints and Coatings market?
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Economic factors such as GDP growth, inflation rates, and consumer spending power significantly influence the Construction Paints and Coatings market. Economic stability fosters market
How does the supply chain affect the Construction Paints and Coatings Market?
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The supply chain affects the Construction Paints and Coatings market by influencing production costs, product availability, and delivery times. Efficient supply chain management is crucial for maintaining competitiveness, ensuring quality, and meeting customer demands
Which players are included in the research coverage of the Construction Paints and Coatings Market Study?
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Analysts at Market Statistix continuously strive to expand their research coverage and enhance the database. Some of the additional players recently added to the coverage include:
