Intermediates for the Paints & Coatings Market Share

  • Report ID: 3871
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Intermediates for the Paints & Coatings Market Share

APAC Market Statistics

 Asia Pacific industry is estimated to dominate majority revenue share of 38% by 2037, impelled by rising urbanization in the region.For instance, as more and more people are shifting towards urban areas, the need for houses and other commercial buildings has increased in the region. This has led to a rise in demand for intermediates for the paints & coatings since these projects widely utilize paints and coatings for various purposes. In addition, construction activities are increasing in countries such as India, Southeast Asia, and South America to keep up with rising rates of urbanization. Furthermore, it is anticipated that more than 50% of Asia's population will be urban by 2030.

North American Market Forecast

North America intermediates for the paints & coatings market are estimated to hold a tremendous share, between 2025 and 2037. The growth of the market can be led by rising demand for paint and coating in industries such as automotive, construction, and aerospace in the area. This has resulted in the increased demand for the intermediates such as resins, epoxy, pigments, and solvents in these sectors.

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Author Credits:  Rajrani Baghel


  • Report ID: 3871
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of intermediates for paints & coatings is evaluated at USD 338.53 billion.

The intermediates for paints & coatings market size was over USD 295.02 billion in 2024 and is poised to exceed USD 893.75 billion by 2037, growing at over 8.9% CAGR during the forecast period i.e., between 2025-2037. Increasing construction activities across the world and the increasing automotive sector will boost the market growth.

Asia Pacific industry is estimated to dominate majority revenue share of 38% by 2037, impelled by rising urbanization in the region.

The major players in the market are Venator Materials PLC, BASF SE, Eastman Chemical Company, The Dow Chemical Company, KH Neochem Co., Ltd., Saudi Basic Industries Corporation, OQ Chemicals GmbH, Solventis Ltd., Galaxy Surfactants Limited, KH Chemicals BV
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