Paint Coatings Market

The "Global Paint & Coatings Market" was valued at US$ 209.3 Million in 2024 and is projected to reach US$ 245.3 Million by 2030, at a CAGR of 2.3% during the forecast period. 

Paints & Coatings refer to liquid, liquefiable, or mastic compositions that are applied to surfaces to protect, preserve, or enhance their appearance. Paints typically provide color and aesthetic appeal, while coatings primarily focus on surface protection against corrosion, weathering, abrasion, and other environmental factors. These products are widely used across industries such as construction, automotive, aerospace, and industrial equipment.

Paint is defined as a paints material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect, decorated or add a specific feature to the surface on which it is deposited.

Paint Coatings Market aims to provide a comprehensive presentation of the global market for Paint & Coatings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Paint & Coatings. Paint Coatings Market contains market size and forecasts of Paint & Coatings in global, including the following market information:

China is the largest Paints & Coatings market with about 37% market share. Europe is follower, accounting for about 21% market share.The key manufacturers are PPG, AkzoNobel, Henkel, Sherwin-Williams, Valspar, RPM International, Axalta, BASF, Kansai Paint, Sika, 3M, Asian Paints, Nippon Paint, HB Fuller, Masco, Jotun, Hempel, KCC Corporation, DAW SE, Shawcor, Cromology, SK KAKEN, Carpoly, Taiho Paint, Berger Paints etc. Top 3 companies occupied about 15% market share.

We surveyed the Paint & Coatings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market By Segment:

By Type:

• Powder Coating
• Waterborne Coating
• Others

By Application:

• Automotive & Aviation
• Medical & Healthcare
• Others

By Region and Country:

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

• Key companies Paint & Coatings revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Paint & Coatings revenues share in global market, 2022 (%)
• Key companies Paint & Coatings sales in global market, 2018-2023 (Estimated), (K MT)
• Key companies Paint & Coatings sales share in global market, 2022 (%)

Key Players Include:

• BASF SE
• PPG Industries
• Sherwin-Williams Company
• AkzoNobel
• Axalta Coating System
• Valspar Corporation
• RPM International Inc.
• Nippon Paint Holdings
• Jotun Group

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