Global Paint Industry

Global robotic paint booth market to reach 4.
Global paint industry. Although at a slightly slower pace. In general we expect growth to continue in 2018. Automotive and industrial coatings also experienced good growth too but not quite as high as that of decorative coatings segment. Coatings refer broadly to any type of covering that is applied to an object s surface for.
Our editorial staff has spent many hours researching the industry to provide you with. A global team of industry recognized experts contributes incisive and thought provoking analysis. The global paint and coatings industry is a major subset of the international chemical industry. Coatings world is proud to bring the industry our annual top companies report the only truly global ranking of the top manufacturers of paint and coatings.
The coatings industry is one of the most. Decorative coatings contribute about 45 of the total value and industrial coatings about 55. Global paint and coatings industry market value 2017 2027 global coatings and paints market value by region 2018 2024 global paints and coatings market volume 2015 2018. 4 billion in the year 2020 is projected to.
4 billion by 2027. The global paints and coatings market size was valued at usd 146 2 billion in 2019 and is expected to grow at a compound annual growth rate cagr of 4 3 from 2020 to 2027. To help listeners stay abreast of changes new developments and trends in their industry ihs markit experts and analysts have contributed to podcasts on timely and thought provoking topics. Top 10 paint coating companies in the world the sherwin williams.
The market is expected to be driven by the increasing product consumption in the construction automotive and general industries application sectors. The total value of the industry is approximately 150 billion usd in 2019. The global paint and coatings industry has an estimated production of 40 million tons. 72 7 1 value chain of the paints coatings industry.
7 covid 19 impact on paints coatings market page no. Amid the covid 19 crisis the global market for robotic paint booth estimated at us 3. The market is expected to witness significant growth in emerging economies such as india china and indonesia. 6 1 3 trends and forecast of global automotive industry 6 1 4 trends and forecast of global construction industry 6 2 covid 19 impact 6 3 covid 19 economic assessment 6 3 1 covid 19 economic impact scenario assessment.