Dallas, TX (PRWEB) August 15, 2014
The present report offers a comprehensive analysis of the worldwide paints and coatings market with a special focus on the regional markets including Asia which includes India and China, the US, Latin America and Russia. All the three sub-segments—namely architectural, industrial and special purpose coatings—are explained in detail. In addition, competitive landscape in each segment like decorative, automotive OEM, industrial, protective and marine coatings along with the company profiles of the leading players in the market is discussed in detail.
Competition in coatings segment is based on formulating products for specific customer applications, meeting customer delivery requirements and providing technical assistance to the customer in product application, new technology offerings and prices. Akzonobel, PPG, Sherwin Williams, BASF and Valspar are the leading companies.
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The paints and coatings industry can be categorized into three markets: architectural/decorative, industrial OEM and special purpose coatings. Architectural coating is the largest segment followed by industrial coatings and special purpose coatings. The industrial coatings segment was driven by rise in industrial production and automotive OEM sector. Geographically, Asia Pacific is the largest consumer of paints and coatings followed by Europe, North America and Latin America. Paint manufacturers are constantly introducing new and technologically advanced products in the market. Companies are focusing on zero VOC (volatile organic compounds) and green paints that are particularly in high demand among the customers. Rising prices of titanium dioxide was a major challenge for the industry in 2013.
Paints and coatings market is highly correlated with various end-user sectors like housing, construction, automotive, furniture, and packaging. The global market for paints and coating experienced a healthy growth in 2013 on account of rising construction projects, increase in housing starts, resuming consumer confidence and improvement in industrial production worldwide. While housing and construction markets in North America and Europe remained subdued over the years following the global financial crisis, activity has been strong in Asian markets like China and India. Further many new construction activities are expected to begin in Asia Pacific region that will boost the demand for paints and coatings.
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By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Major points from Table of Contents (http://www.marketreportsonline.com/325766-toc.html) are listed below:
List of Charts
Paints and Coatings Industry Segmentation
Sources of Materials Used to Make Paints and Coatings
Operations Used in Paint Market
Global Paints and Coatings Market Value (2008-2013)
Global Paints and Coatings Market Volume (2006-2017F)
Market Segmentation of Global Paints and Coatings Industry (2013)
Segmentation of Global Paints and Coatings Industry by End-Use Sectors (2013)
Per Capita Consumption of Coatings and Adhesives (2013)
Raw Materials Input per Unit of Coatings (% of cost) – 2012
Regional Breakup of Paints and Coatings Industry by Value (2012)
Regional Breakup of Paints and Coatings Industry by Volume (2012)
Global Architectural/Decorative Coatings Industry (2004-2013)
Architectural Coatings End Market Shares (2012)
Global Architectural Coatings Market Share by Regions (2012)
Global Industrial OEM Coatings Industry (2010-2013)
Industrial OEM Coatings Demand by Technology (2012)
Shares of Industrial OEM Coatings Industry by End-Use Sectors (2012)
Global Industrial OEM Coatings Market Share by Regions (2012)
Global Automotive OEM Coatings Market Size (2006-2017F)
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