NAVI MUMBAI, India
- Sept. 30, 2019
-- Paints & coatings refer to formulations of solid or liquid organic substances with certain additives and pigments. Post application on the substrate, it forms a thin layer or film after the solvent gets evaporated. This layer protects the painted articles as well as embellishes the coated surface. Increasing application of paints and coatings in various industries has triggered the growth of the industry across the globe. Based on the end-use, Global Paints And Coatings Industry (https://www.bharatbook.com/
is segmented into Architectural/
Decorative coatings, Industrial coatings and Special purpose coating. Architectural/
Decorative coatings is the largest application segment and is also expected to be the fastest the fastest-growing end-use industry of the paints and coatings during the forecast period.
Paints and coatings have varied applications such as for the decoration and protection of buildings, automobiles, appliances, equipment, and so on. Hence, the decorative paints and coatings subsector depends heavily on the performance of the construction sector, whereas protective paints and coatings are linked more closely to automobiles, major appliance and industrial equipment. Growth of global paints and coatings market is attributed to factors such as growth of construction industry, rise in industrial production and ameliorating economic conditions. Rise in industrial production and growth of construction industry in various parts of the world is expected to boost demand for paints and coatings. However, paints and coatings market is impeded due to inflating raw material prices, stringent environmental compliances and market regulations.
Request a free sample copy of Paints & Coatings Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1809519
The report "Global Paints & Coatings Market (By Types – Architectural/
Decorative Coating, Industrial Coating & Special-purpose Coating; By Technology – Waterborne Coating, Powder Coating and Solvent-based Coatings; By Region – North America, Europe & Asia Pacific) Outlook 2025" provides information on the current scenario, detailed market outlook of the global paints and coatings market, with market segmentation done across product types such as Architectural/
Decorative Coating, Industrial Coating & Special-purpose Coating; and technologies such as Waterborne Coating, Powder Coating and Solvent-based Coatings. Regional analysis is done across North America, Europe and Asia Pacific region. Future forecasts of the market overall and across various regions till 2025 is provided in the report. Furthermore, major industry players have been prudently analysed in the competitive landscape section of the report in order to provide key comparative insights.
Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/global-paints-coatings-market-by-types-architectural-decorative-coating-industrial-coating-special-purpose-coati/1809519