Paints And Varnishes Market Report 2019-2026 | Akzonobel, Ppg, Sherwin, Williams
About Paints and Varnishes
Paint is a substance used as the final finish to all surfaces and as a coating to protect or decorate the surface. Paint is a pigmented opaque material that completely covers and hides the surface to which it is applied. Paint is available in oil-based and water-based formulae.
A varnish is a clear finish that is made of resin, oil, and solvents. Varnishes are available in a variety of finishes, including satin, gloss, and semi-gloss. Varnish has no color or pigment. It is translucent, which allows the natural characteristics of a piece of wood to be seen. It is frequently used when woodworkers or cabinetmakers want to enhance the original characteristics of a piece of wood.
Scope of Paints and Varnishes Market
The global Paints and Varnishes market size is valued at USD 3,951 million in 2019 and is projected to reach USD 5,785 million by 2026, witnessing a CAGR of 5.6% throughout the forecast period.
Consumption of paints and varnishes is mainly distributed in Saudi Arabia and the UAE. In 2015, the consumption of paint and varnish in the two regions accounted for about 84.11% in the Gulf Cooperation Council region. Jotun, Hempel and National Paints are the leading players of paints and varnishes in GCC regions with widespread sales network.
Although the Gulf Cooperation Council region is a relatively small part of the global paint and varnish market. However, judging from the internal development of paint and varnish business in the Gulf Cooperation Council region, the industry still has good market space.
Considering the current demand as well as downstream industries’ status, market participants are still optimistic about the future paints and varnishes market of GCC regions. It is the consumption of coatings and varnishes will keep an upward tendency in the next few years with a market size of USD 5,625 million in 2020. In addition, with intensified competition and sufficient supply, price of paints and varnishes is predicted to continue to go down in the following years.
Get Free Sample at:
Market Dynamics
Some of the major factors leading to a substantial rise in demand for paints and varnishes on a global front include the surge in construction and infrastructure development projects in developing parts of the globe and the rising demand for specialty paints and varnishes in the automobiles sector. Moreover, the rising consumer awareness regarding the presence of VOCs in paints and varnishes is estimated to an increased demand for safer products in the market in the next few years.
Key participants
Key global participants in the Paints and Varnishes market include Akzonobel, Ppg, Sherwin, Williams, Dupont, Basf, Rpm, Diamond Paint, Valspar, Sacal, Nippon Paint, Hempel, Al-Jazeera, Oasis Amercoat, Saveto, Paintco, Colors Est, and etc.
The leading competitors among the global Paints and Varnishes market are applying various techniques for creating an entry further as developing within the Paints and Varnishes market. On a worldwide basis, the count of recognized firms is elevating and therefore it is necessary for each market company to urge an ardent edge on others. The first techniques accepted by the well- known firms for grapple among the Paints and Varnishes market embrace melioration of recent product, partnerships, mergers, agreements, and acquisition.
Geographical Perspective
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Purchase this report:
Type Synopsis
On the basis of type, the market comprises of Decorative Paints, Performance Coatings, and Other.
Application Synopsis
By application, the paints and varnishes market can be divided into Construction, Industrial Application, Transportation, Consumer Goods, and Other.
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Paints And Varnishes Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Paints And Varnishes Market by Types
4 Segmentation of Paints And Varnishes Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Paints And Varnishes Market in Major Countries
7 North America Paints And Varnishes Landscape Analysis
8 Europe Paints And Varnishes Landscape Analysis
9 Asia Pacific Paints And Varnishes Landscape Analysis
10 Latin America, Middle East & Africa Paints And Varnishes Landscape Analysis
11 Major Players Profile
11.1 Akzonobel
11.1.1 Akzonobel Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Ppg
11.3 Sherwin
11.4 Williams
11.5 Dupont
11.6 Basf
11.7 Rpm
11.8 Diamond Paint
11.9 Valspar
11.10 Sacal
11.11 Nippon Paint
11.12 Hempel
11.13 Al-Jazeera
11.14 Oasis Amercoat
11.15 Saveto
11.16 Paintco
11.17 Colors Est
…
Ask for a discount at:
Target Audience:
Paints and Varnishes manufacturers
Paints and Varnishes end-user sectors
Raw material suppliers of Paints and Varnishes
Distributors and resellers of Paints and Varnishes
Paints And Varnishes industry associations
Product managers, Paints And Varnishes industry administrator, C-level executives of the industries
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
Contact Info:
Global Market Monitor
One Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,
NY 11201, USA
Name: Rebecca Hall
Phone: + 1 (347) 467 7721
Email: info@globalmarketmonitor.com
Web Site: https://www.globalmarketmonitor.com
We provide more professional and intelligent market reports to complement your business decisions.
Chinese