1. Market Research
  2. > Manufacturing Market Trends
  3. > Paint and Coating

Painting Products Market: Latest Industry Statistics and Trends

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
15 votes

Global Paint & Coatings Industry

Freedonia estimates world paint and coatings demand will witness yearly growth of more than 5%, reaching almost 46 metric tons in 2015 by which time the industry is expected to be worth $142 billion. Market expansion will be fuelled by increased activity in the global building construction sector, with residential construction in particular witnessing strong recovery in Western Europe and North America. Increased manufacturing activity will equally lead to greater demand for coatings necessary for the production of motor vehicles and other industrial maintenance applications.

The architectural coating segment dominates the world paint and coatings market, reports Koncept Analytics. Apart from the construction and automotive sectors, other end-use industries relying on the paints and coatings sector include marine, wooden furniture, and steel. Sales of solvent-based paint and coatings are expected to continue falling in developed and emerging regions due to efforts to limit the emission of volatile organic compounds and use alternative formulations instead. Demand for green-based chemicals continues to rise, for example zero volatile organic component (VOC) coatings have become very popular as solvent-based products become increasingly replaced with water-based products.

Market Segments

Global demand for paint and coatings through 2015 will continue to come mainly from architectural markets, reports Freedonia. Strong recovery in the construction sector and growth in residential building spending, led by the US but also in Japan and Western Europe, will fuel demand for architectural paint and furniture coatings. Similarly, recovery in the automotive sector and increased demand for new vehicles will drive demand for coatings in manufacturing applications. There will be slower gains in other segments such as the maintenance and specialty coatings markets, which will be slowed by declining marine applications and a poor outlook in the vehicle refinish coatings segment in developed nations.

High–performance ceramic coatings have a myriad of uses and require special preparation techniques. Ceramic coatings are commonly used applications that need to resist high temperatures, wear and corrosion. High–performance ceramic coatings have revolutionized internal specification patterns. This is the case with cutting tool inserts, whose useful life is far superior to that of uncoated inserts, which has reduced the cost of cutting tool inserts and boosted productivity, reports BCC Research. Ceramic–coated components used in the manufacture of aircraft turbine engines similarly benefit the aviation industry. In addition, consumers are taking advantage of these products, coating auto engine components to lengthen engine life and improve performance.

The world automotive coating industry was worth close to $15 billion in 2011, representing 10% growth year-on-year, according to Research in China. The original equipment manufacturer (OEM) automotive coating market witnessed almost 11% growth over the same period to reach almost $8 billion. The automotive refinishing coating market rose 14% to nearly $7 billion in 2011. Growth in the automotive coating market is fuelled by an increasing number of car owners. Automotive coatings generally refer to cationic electrocoat and primer surface, which are both present in the OEM automotive coating. Automotive refinishing coating meanwhile only refers to primer surface. There are less than 10 manufacturers across the globe able to manufacture cationic electrocoat as it requires high technological threshold. Leading players include KCC, Dupont, BASF, Kansai Paints, PPG and Nippon Paints.

Regional Market Share

The Asia-Pacific region will continue to dominate the paint and coatings industry in terms of consumption through 2015. The region is also set to record the fastest growth, according to research from Freedonia. China and India will lead regional demand as Asia’s two largest markets, and exhibit the highest growth in the global coatings market. North America, similarly, is expected to record above-average gains, recovering from the market dip witnessed between 2005 and 2010. Increasing levels of building construction and manufacturing activity will drive growth in the US coating market over coming years. Though Western Europe will also see recovery in these sectors drive demand for paints and coatings, it will continue to lag behind in terms of growth.

Read more »

24/7 Customer Support

Talk to Sam

+852 8120 5342

1-10 of about 500 reports

Global Paint And Coating Industry

  • March 2016
    33 pages
  • World  

    United States  


View report >

Automotive Coating Industry in the US

  • July 2016
    17 pages
  • Automotive Coat...  


    Pollution Contr...  

  • United States  

View report >

Paint And Coating Industry in Europe and France

  • February 2016
    9 pages
  • Paint And Coati...  

  • Europe  


View report >

Paint Industry in Asia

  • January 2015
    13 pages
  • Paint  

  • Asia  

View report >

Paint Statistics in France

  • January 2014
    9 pages
  • Paint  

  • France  

View report >

Coating Industry in Denmark and Germany - Forecast

  • February 2015
    10 pages
  • Coating  

  • Denmark  



View report >

Paint And Coating Industry in the UK and Italy - Forecast

  • November 2014
    5 pages
  • United Kingdom  



View report >

Paint Industry in the UK

  • January 2016
    32 pages
  • Paint  

  • United Kingdom  

View report >

Paint And Coating Industry in the US and Canada

  • January 2016
    92 pages
  • Chromium  


  • United States  


View report >

About 1 500 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 7 150)

Coating Additives Market by Function, Application, Formulation, and Types - Global Trends & Forecasts to 2021

Coating Additives Market by Function, Application, Formulation, and Types - Global Trends & Forecasts to 2021

  • $ 7 150
  • Industry report
  • July 2016
  • by MarketsandMarkets

“The coating additives market projected to register a CAGR of 6.1%” The market size of coating additives is expected to reach USD 9.19 billion by 2021, registering a CAGR of 6.1% between 2016 and 2021. ...

Anti-corrosion Coating Market By Type, Technology, End- ...

June 2016 $ 7 150

Coating Pretreatment Market By Type, Metal Substrate, A ...

July 2016 $ 5 650

Antifouling Paints And Coatings Market By Type , Applic ...

June 2016 $ 5 650

Wax Emulsion Market By Material Base, By Type, By End U ...

May 2016 $ 5 650

Iron Oxide Pigments Market By Color, End User, Type & ...

May 2016 $ 5 650

Epoxy Coatings Market By Technology And Application - F ...

May 2016 $ 5 650

Global Wall Coverings Industry

May 2016 $ 4 950

Paint And Coatings Market Outlook And Leading Supplier ...

July 2016 $ 4 850

Paint And Coatings Market Consolidation: Who Will Not S ...

July 2016 $ 4 850

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.