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Showing posts with the label Paints and Coatings Industry

Paints and Coatings Market Share, Trend, Segmentation and Forecast to 2025

The global market is anticipated to achieve moderate growth over the forecast period. The demand of these products globally is expected to increase owing to growth of applications from end-use industries, architecture segment, regional demand, changing consumer preference for bio based products and technological advancements. The Global Paints and Coatings Market is anticipated to exceed USD 227.70 billion by 2025, according to a new report by Grand View Research, Inc. Increasing applications from end-use industries such as aerospace, automotive, general industries, marine and wood have augmented the growth of the market. Architectural sector is the other parameter that has majorly driven the global industry. The growth of architectural coats is attributed to growing construction spending in emerging regions. The industry is a highly regulated industry due to presence of volatile organic compounds in these products which are harmful for the environment. However, the industry has ...