Paints and Coatings Market - Top Companies and Manufacturers

  • Report ID: 6401
  • Published Date: Sep 09, 2024
  • Report Format: PDF, PPT

Companies Dominating the Paints and Coatings Landscape

    The global paints and coatings sector features numerous prominent businesses committed to advancing their respective positions. Industry pioneers such as PPG Industries, Akzo Nobel N.V., Sherwin-Williams, Asian Paints, and Axalta Coating Systems consistently lead the way through cutting-edge research and expanded operations. These companies invest heavily in developing novel products and advanced technologies to satisfy the evolving needs of diverse industries. Strategic partnerships and targeted acquisitions also allow companies to diversify their portfolios while amplifying their notable market presence.

    A noteworthy development was by PPG in June 2022, the launch of the PPG DIGIMATCH camera system and PPG VisualizID software application. Together, these digital solutions comprise PPG's comprehensive LINQ platform serving the worldwide automotive refinishing sector, underscoring PPG's dedication to pioneering technological breakthroughs. Such industry-advancing innovations are indispensable for maintaining a competitive advantage and addressing the increasing demand for high-performance coatings.

    Here are some leading players in the paints and coatings market:

    • Akzo Nobel N.V.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • PPG Industries, Inc.
    • The Sherwin-Williams Company
    • Jotun
    • Axalta Coating Systems, LLC
    • RPM International Inc.
    • Beckers Group
    • 3M
    • The Chemours Company
    • Henkel AG & Company, KGaA
    • BASF SE
    • Sika AG
    • Hempel A/S

Browse Key Market Insights with Data Illustration:

In the News

  • In June 2024, DecoArt unveiled the industry’s first reclaimed and recycled acrylic craft paint, promoting sustainability in the paint sector. This innovative approach encourages the adoption of eco-conscious materials, which may spur developments in gold plating chemicals that prioritize environmental sustainability in their production and application processes.
  • In May 2024, Astral Limited announced the launch of Astral Paints, marking its entry into the paint industry. This new venture aims to expand the company's portfolio, potentially increasing demand for gold plating chemicals as decorative finishes in high-end coatings and paints that enhance aesthetics and value.
  • In February 2024, Grasim Industries ventured into the paint business with its brand Birla Opus, aiming for a significant market position in the sector. The expansion into decorative paints may influence the gold plating chemicals market, as manufacturers seek quality plating solutions to enhance the performance and visual appeal of their products.

Author Credits:  Rajrani Baghel


  • Report ID: 6401
  • Published Date: Sep 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The paints and coatings market size is USD 175.2 billion in 2024.

The global paints and coatings market size is US 175.2 billion in 2024 and is likely to reach USD 310.4 billion by the end of 2037, expanding at a CAGR of 4.5% over the forecast period, i.e., 2025-2037.

Akzo Nobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, Jotun, Axalta Coating Systems, LLC, RPM International Inc., Henkel AG & Company, KGaA, BASF SE, Kansai Paint Co., Ltd. are some key players in the market.

The architectural and decorative segment is expected to dominate during the forecast period.

Asia Pacific is projected to offer lucrative prospects with a share of 40.3% in 2025.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample