Paints and coatings are liquid or mastic composition, which converts into a solid film after being applied upon a substrate in a thin layer. Paints and coatings are used for functional or decorative purpose. The world is becoming more sophisticated place with the increasing urbanization and growing quality of life. The increasing demand from the construction and manufacturing industries are driving the growth of the global paints and coatings market. The technological enhancements are providing ample opportunities for the growth of the paints and coatings market, during the forecast period.
Segmentation by Product
Segmentation of Paints and Coating Devices by products: Architectural and decorative (Water based, Solvent based), Industrial (Water based, Solvent based, Powder, UV based), Marine
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Study Objectives of Paints and Coatings
Taste the market data and market information presented through more than 60 market data tables and figures spread in 115 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Paints and Coatings Market Research Report- Forecast to 2027“
Major players in Global Paints and Coatings Market include
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Regional Analysis of Paints and Coatings
The North American paints and coatings market is growing primarily, due to the increasing number of industries in the region. An average annual population growth of approximately X% is witnessed in the region, which in turn, is generating demand for new houses and increased supply of consumer durable goods. In terms of volume, the U.K. paints and coatings market is expected to grow with the highest CAGR of XX%, among the countries of European region in the forecast period. While in terms of value, the U.K. and Germany are expected to grow with an equal CAGR rate of XX%, in the forecast period.
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