World Paints Markets

World Paints Markets

This report analyzes the worldwide markets for Paints in Millions of Gallons. The major product segments analyzed are Architectural Paints (Interior Architectural Paints and Exterior Architectural Paints), Aerosol Paints, Automotive Paints, Industrial Paints, Marine Paints, Traffic Marking Paints,and Other Paints. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. Annual forecasts are provided for each region and product segment for the period of 2003 through 2012. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 594 companies including many key and niche players worldwide such as Akzo Nobel N.V., Asian Paints (India) Ltd., BASF Aktiengesellschaft, Benjamin Moore & Co., Imperial Chemical Industries Plc, Kansai Paint Co., Ltd, Nippon Paint Co., Ltd, PPG Industries, Inc, Polifarb Cieszyn - Wroclaw SA, The Sherwin-Williams Company, and Valspar Corporation. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Architectural Paints I-4
Marine Paints I-4
Industrial Paints I-4
Highway and Traffic Markings I-4
Aerosol Paints I-4


II. EXECUTIVE SUMMARY

1. Paints - An Introduction II-1

2. Industry Overview II-2
World Market Scenario II-2
Number Speak II-2
Regional Perspective II-2
Asia & Eastern Europe: Major Market Drivers II-3
Paints - A Classification II-3
Architectural Paints II-3
Marine Paints II-3
Industrial Paints II-3
Highway and Traffic Markings II-3
Aerosol Paints II-4

3. Trends and Issues in the Global Paints Industry II-5
Consolidation - A Panacea for all Ills? II-5
Benefits for End-Users II-6
The Road Ahead II-6
Does the Fate of Smaller Companies Hang in Balance? II-6
Professional Contractors Drive Global Market II-7
Companies Opt New Marketing Strategies II-7
Companies Turn to Niche Segments for Greater Market Share II-7
Globalization in the Paints Industry II-8
Web Presence: Important Ingredient for Success II-8
Environmental Legislation - Paints Industry Comes Under Close
Scrutiny II-8
Greater Inclination Towards High-Quality, Environment-
Friendly Products II-9
IMO Directives Creates Business Opportunities for Paint Companies II-9

4. Product Launches/Developments II-10
Captain Paints Launches 3 New Products II-10
BASF Coatings Launches Matte-Effect Paints II-10
Benjamin Moore Develops Aura™ Matte Waterborne Interior Paint II-10
Benjamin Moore Launches Improved Paint Technology II-11
ICI Dulux Launches Satin Finish II-11
Jotun Paints Introduces ‘Lady’ Brand in Middle East II-11
Kansai Nerolac Launches Nerolac Beauty Flexi Coat II-11
PPG Industries Launches a Collection of Pittsburgh® Paints II-12
PPG Introduces Dissolvable Abrasive II-12
Sherwin-Williams Launches Latest Color Concepts II-12
Sherwin-Williams Launches Loxon Water Repellants II-13
KCC Launches Supro Enamel, Supro Putty and Supro Mineral II-13
Wattyl Launches Eco Friendly Paint II-13
Benjamin Moore Launches Organically Inspired Color Line II-14
Nerolac Paints Collaborates with Disney to Introduce Paints
for Kids II-14
PPG Industries in Collaboration with Mattel Introduces New
Paint for Cars II-14
Sherwin-Williams Launch Duration Home™ II-15
Sherwin-Williams Launches Low Sheen Formulas II-15
Sherwin-Williams Introduces Sher-Color™ Systems II-15
Wuhan Research Institute Develops Antirust Decoration Paint II-16
PPG Launches New Line of Architectural Paints II-16
Asian Paints Launches Elastomeric II-16
Jiangsu Taizhou Gintin Construction Development Co Develops
Non-Toxic Nanometer Emulsion Paint II-16
Hale-Stephenson Develops Piezoelectric Paint II-16
Krylon Launches New Line of Spray Paints II-17
Unicem Paints Launches Shakti Waterproof Cement II-17
Berger Paints India Launches Jadoo Brand II-17
Resene Paints Launches Range 2002 II-17
Akzo Nobel Relaunches Berger Brand in UK II-18
OPAL Range of Premium Polyurethane Wood Finishes from Asian
Paints II-18
New range of Decorative Paints from Dulux II-18
Blackfriar Rolls Out Blackfriar Super Active Paint and Varnish
Removers II-18

5. Recent Industry Activity II-19
Shoreline Acquires Stake in Premier Paints II-19
Kamdhenu to Diversify into Paints II-19
Berger Enters JV with Nippon II-19
Musashi to Enter Vietnam Market II-19
PPG Acquires Barloworld Coatings II-19
The StonCor Group Acquires Star Maling II-19
PPG Acquires SigmaKalon II-20
PPG Acquires Renner Sayerlack’s Coatings Division II-20
BASF Acquires Johnson Polymer II-20
CIN to Purchase Robbialac Division II-20
Akzo Nobel Acquires ICI II-20
OM Group Acquires Borchers II-21
Grace Acquires Sistiaga II-21
Jotun Paints Enters Supply Agreement with Al Raha Gardens II-21
Akzo Nobel Expands into Russia II-21
Akzo Nobel Inaugurates R&D Facility in the UK II-21
Akzo Nobel Enters Chinese Market II-22
Akzo Nobel Expands Subsidiary II-22
Akzo Nobel Enters Joint Venture II-22
Akzo Nobel to Diversify in China II-22
Asian PPG Industries to Acquire 2K Auto-Refinish Business II-22
Nippon Paints to Expand Market II-23
Asian Paints Expands Production Facility II-23
R-M and Hyundai Enter Collaboration to Offer Technical Service II-23
BASF Coatings Wins Japan’s First Eco Mark II-23
BASF Coatings Acquires R-M Sales Units II-24
ICI India Divests 2K Business II-24
Jotun Boya Bags Prestigious Contract II-24
PPG Takes Over Champion Coatings II-24
Hyundai in Collaboration with PPG Refinish Products II-24
Sherwin-Williams Acquires M.A. Bruder II-25
Sherwin-William Acquires First Company in India II-25
Valspar Paints in Collaboration with Lowe’s II-25
Snowcem India Renames Company II-25
Sico Inc Accepts Akzo Nobel NV Offer II-25
Akzo Nobel Acquires Balakom II-26
Akzo Nobel Expands into Spain II-26
Asian Paints Establishes Manufacturing Unit in Himachal Pradesh II-26
Benjamin Moore Establishes Design Center II-26
ICI Paints Stalls Production of Sick Paint Line II-26
ICI Divests Uniqema II-27
ICI Receives Funds to Formulate Paints that Produce No Wastes II-27
Jotun Enters Indian Market II-27
Jotun Establishes Factory in China II-27
PPG Expands Brand Profile II-27
PPG Acquires Chinese Coatings Manufacturing Unit II-28
Valspar Acquires H.B. Fuller’s Powder Coating Business II-28
Valspar Acquires Shares in Huarun Paints II-28
Akzo Nobel Acquires Chinese Unit II-28
Asian Paints Expands to Chennai II-28
Nerolac Enters Joint Venture in Malaysia II-29
PPG to Take Over Iowa Paints Manufacturing II-29
Valspar Acquires Samuel Cabot Incorporated II-29
BASF Coatings Expand Business in Mexico II-29
PPG on an Acquisition Spree II-29
PPG Industries Enters into Partnership with Kansai Paints II-30
Global Finishing Solutions Ventures into Mexico II-30
Comex and PPI Announce Merger Agreement II-30
Asian Paints Acquires Taubmans Ltd II-30
Asian Paints (India) Acquires Berger International II-31
Akzo on Paints Acquisition Spree in Europe II-31
Wumeg - a German paints distributor II-31
Asian Paints (India) Acquires SCIB II-31
Professional Paint Plans to Acquire Jones-Blair Co II-31
Akzo Nobel Ups Stake in Vivechrom II-31
Asian Paints Forms Joint Venture with Confidence Cement II-32
Duron Paints & Wall Coverings Enters into Marketing Alliance
with Professional Paint II-32
Cognis Patents Paint with UV Protection and Fungicides II-32
Duron Acquires Costigan Paints II-32
Sherwin-Williams Acquires Mautz Paint II-32
Becker Acquires Blancomme II-32
Buckingham Paints Acquires Philip Johnstone II-33
Patrick and Mark Lauber Acquire Harrison Paint II-33
Mega Antusias Acquires Stake in Danapaints Indonesia II-33
ICI Paints Acquires Paint Stores of Grandes Pinturerias del
Centro II-33
Tikkurila Acquires Alcro-Beckers II-33
Berkshire Hathaway Acquires Benjamin Moore II-33
Berger Paints Acquires 50% Stake in ICI Motor & Industries (
ICI M&I) II-33
Mays Chemical Forms a Joint Venture with Red Spot Paint & Varnish II-34
Duron Paints Partners with TruServ II-34
Tnemec Strikes a Deal with Halosource II-34
B&Q Teams Up with Tate II-34
Shalimar Paints Enters into Agreement with Fluid Management
and Crenova II-34
Samhwa Paints Enters into Distribution Agreement with BASF II-35
Sherwin-Williams Plans to Offer Martha Stewart Brand Across
the US II-35
Harris Paints Establishes New Plant in St Lucia II-35
ICI Restructures Operations to Form Deco France II-35
Akzo Nobel Deco Upgrades Paints Plant in Cologne II-35
Asian Paints (India) Launches Home Solutions II-35
PPG Industries Acquires Monarch Paint II-36
Asian Paints (India) Ltd Acquires Pacific Paints Unit II-36
Tikkurila Paints Establishes Paint Plant in Russia II-36
ThermaCell Closes its Subsidiary II-36

6. Focus on Select Key Players II-37
Akzo Nobel N.V. (The Netherlands) II-37
Asian Paints (India) Ltd. (India) II-37
BASF Aktiengesellschaft (Germany) II-38
Benjamin Moore & Co. (USA) II-38
Imperial Chemical Industries Plc (UK) II-39
Kansai Paint Co. Ltd. (Japan) II-39
Nippon Paint Co. Ltd. (Japan) II-39
PPG Industries, Inc. (USA) II-39
Polifarb Cieszyn - Wroclaw SA (Poland) II-40
The Sherwin-Williams Company (USA) II-40
Valspar Corporation (USA) II-41

7. Global Market Perspective II-42
Table 1: World Recent Past, Current & Future Analysis for
Paints by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 2003
through 2012 in Million Gallons (includes corresponding
Graph/Chart) II-42

Table 2: World Recent Past, Current & Future Analysis for
Paints by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 2003
through 2012 in US$ Million (includes corresponding
Graph/Chart) II-43

Table 3: World Historic Review for Paints by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in Million
Gallons (includes corresponding Graph/Chart) II-44

Table 4: World Historic Review for Paints by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in US$ Million
(includes corresponding Graph/Chart) II-45

Table 5: World 20-Year Perspective for Paints by Geographic
Region - Percentage Breakdown of Volume Sales for US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin America for the Years 1993, 1997, 2007 and 2012
(includes corresponding Graph/Chart) II-46

Table 6: World 20-Year Perspective for Paints by Geographic
Region - Percentage Breakdown of Value Sales for US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin America for the Years 1993, 1997, 2007 and 2012
(includes corresponding Graph/Chart) II-47

Table 7: World Recent Past, Current & Future Analysis for
Architectural Paints by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
America Independently Analyzed by Annual Sales for the Years
2003 through 2012 in Million Gallons (includes corresponding
Graph/Chart) II-48

Table 8: World Recent Past, Current & Future Analysis for
Architectural Paints by Product Segment - Interior
Architectural Paints and Exterior Architectural Paints
Independently Analyzed by Annual Sales for the Years 2003
through 2012 in Million Gallons (includes corresponding
Graph/Chart) II-48

Table 9: World Recent Past, Current & Future Analysis for
Architectural Paints by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
America Independently Analyzed by Annual Sales for the Years
2003 through 2012 in US$ Million (includes corresponding
Graph/Chart) II-49

Table 10: World Recent Past, Current & Future Analysis for
Architectural Paints by Product Segment - Interior
Architectural Paints and Exterior Architectural Paints
Independently Analyzed by Annual Sales for the Years 2003
through 2012 in US$ Million (includes corresponding
Graph/Chart) II-50

Table 11: World Historic Review for Architectural Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in Million Gallons (includes corresponding
Graph/Chart) II-51

Table 12: World Historic Review for Architectural Paints by
Product Segment - Interior Architectural Paints and Exterior
Architectural Paints Independently Analyzed by Annual Sales
for the Years 1993 through 2002 in Million Gallons (includes
corresponding Graph/Chart) II-51

Table 13: World Historic Review for Architectural Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in US$ Million (includes corresponding
Graph/Chart) II-52

Table 14: World Historic Review for Architectural Paints by
Product Segment - Interior Architectural Paints and Exterior
Architectural Paints Independently Analyzed by Annual Sales
for the Years 1993 through 2002 in US$ Million (includes
corresponding Graph/Chart) II-52

Table 15: World 20-Year Perspective for Architectural Paints
by Geographic Region - Percentage Breakdown of Volume Sales
for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-53

Table 16: World 20-Year Perspective for Architectural Paints
by Product Segment - Percentage Breakdown of Volume Sales for
Interior Architectural Paints and Exterior Architectural
Paints for the Years 1993, 1997, 2007 and 2012 II-53

Table 17: World 20-Year Perspective for Architectural Paints
by Geographic Region - Percentage Breakdown of Value Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-54

Table 18: World 20-Year Perspective for Architectural Paints
by Product Segment - Percentage Breakdown of Value Sales for
Interior Architectural Paints and Exterior Architectural
Paints for the Years 1993, 1997, 2007 and 2012 II-54

Table 19: World Recent Past, Current & Future Analysis for
Interior Architectural Paints by Geographic Region - US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East, and Latin America Independently Analyzed by Annual Sales
for the Years 2003 through 2012 in Million Gallons (includes
corresponding Graph/Chart) II-55

Table 20: World Recent Past, Current & Future Analysis for
Interior Architectural Paints by Geographic Region - US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East, and Latin America Independently Analyzed by Annual Sales
for the Years 2003 through 2012 in US$ Million (includes
corresponding Graph/Chart) II-56

Table 21: World Historic Review for Interior Architectural
Paints by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in Million Gallons (includes corresponding
Graph/Chart) II-57

Table 22: World Historic Review for Interior Architectural
Paints by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in US$ Million (includes corresponding
Graph/Chart) II-58

Table 23: World 20-Year Perspective for Interior Architectural
Paints by Geographic Region - Percentage Breakdown of Volume
Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin America for the Years 1993,
1997, 2007 and 2012 (includes corresponding Graph/Chart) II-59

Table 24: World 20-Year Perspective for Interior Architectural
Paints by Geographic Region - Percentage Breakdown of Value
Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin America for the Years 1993,
1997, 2007 and 2012 (includes corresponding Graph/Chart) II-60

Table 25: World Recent Past, Current & Future Analysis for
Exterior Architectural Paints by Geographic Region - US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East, and Latin America Independently Analyzed by Annual Sales
for the Years 2003 through 2012 in Million Gallons (includes
corresponding Graph/Chart) II-61

Table 26: World Recent Past, Current & Future Analysis for
Exterior Architectural Paints by Geographic Region - US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East, and Latin America Independently Analyzed by Annual Sales
for the Years 2003 through 2012 in US$ Million (includes
corresponding Graph/Chart) II-62

Table 27: World Historic Review for Exterior Architectural
Paints by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in Million Gallons (includes corresponding
Graph/Chart) II-63

Table 28: World Historic Review for Exterior Architectural
Paints by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in US$ Million (includes corresponding
Graph/Chart) II-64

Table 29: World 20-Year Perspective for Exterior Architectural
Paints by Geographic Region - Percentage Breakdown of Volume
Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin America for the Years 1993,
1997, 2007 and 2012 (includes corresponding Graph/Chart) II-65

Table 30: World 20-Year Perspective for Exterior Architectural
Paints by Geographic Region - Percentage Breakdown of Value
Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin America for the Years 1993,
1997, 2007 and 2012 (includes corresponding Graph/Chart) II-66

Table 31: World Recent Past, Current & Future Analysis for
Aerosol Paints by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
America Independently Analyzed by Annual Sales for the Years
2003 through 2012 in Million Gallons (includes corresponding
Graph/Chart) II-67

Table 32: World Recent Past, Current & Future Analysis for
Aerosol Paints by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
America Independently Analyzed by Annual Sales for the Years
2003 through 2012 in US$ Million (includes corresponding
Graph/Chart) II-68

Table 33: World Historic Review for Aerosol Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in Million Gallons (includes corresponding
Graph/Chart) II-69

Table 34: World Historic Review for Aerosol Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in US$ Million (includes corresponding
Graph/Chart) II-70

Table 35: World 20-Year Perspective for Aerosol Paints by
Geographic Region - Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-71

Table 36: World 20-Year Perspective for Aerosol Paints by
Geographic Region - Percentage Breakdown of Value Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-72

Table 37: World Recent Past, Current & Future Analysis for
Automotive Paints by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
America Independently Analyzed by Annual Sales for the Years
2003 through 2012 in Million Gallons (includes corresponding
Graph/Chart) II-73

Table 38: World Recent Past, Current & Future Analysis for
Automotive Paints by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
America Independently Analyzed by Annual Sales for the Years
2003 through 2012 in US$ Million (includes corresponding
Graph/Chart) II-74

Table 39: World Historic Review for Automotive Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in Million Gallons (includes corresponding
Graph/Chart) II-75

Table 40: World Historic Review for Automotive Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in US$ Million (includes corresponding
Graph/Chart) II-76

Table 41: World 20-Year Perspective for Automotive Paints by
Geographic Region - Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-77

Table 42: World 20-Year Perspective for Automotive Paints by
Geographic Region - Percentage Breakdown of Value Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-78

Table 43: World Recent Past, Current & Future Analysis for
Industrial Paints by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
America Independently Analyzed by Annual Sales for the Years
2003 through 2012 in Million Gallons (includes corresponding
Graph/Chart) II-79

Table 44: World Recent Past, Current & Future Analysis for
Industrial Paints by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
America Independently Analyzed by Annual Sales for the Years
2003 through 2012 in US$ Million (includes corresponding
Graph/Chart) II-80

Table 45: World Historic Review for Industrial Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in Million Gallons (includes corresponding
Graph/Chart) II-81

Table 46: World Historic Review for Industrial Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in US$ Million (includes corresponding
Graph/Chart) II-82

Table 47: World 20-Year Perspective for Industrial Paints by
Geographic Region - Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-83

Table 48: World 20-Year Perspective for Industrial Paints by
Geographic Region - Percentage Breakdown of Value Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-84

Table 49: World Recent Past, Current & Future Analysis for
Marine Paints by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
America Independently Analyzed by Annual Sales for the Years
2003 through 2012 in Million Gallons (includes corresponding
Graph/Chart) II-85

Table 50: World Recent Past, Current & Future Analysis for
Marine Paints by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
America Independently Analyzed by Annual Sales for the Years
2003 through 2012 in US$ Million (includes corresponding
Graph/Chart) II-86

Table 51: World Historic Review for Marine Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in Million Gallons (includes corresponding
Graph/Chart) II-87

Table 52: World Historic Review for Marine Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in US$ Million (includes corresponding
Graph/Chart) II-88

Table 53: World 20-Year Perspective for Marine Paints by
Geographic Region - Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-89

Table 54: World 20-Year Perspective for Marine Paints by
Geographic Region - Percentage Breakdown of Value Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-90

Table 55: World Recent Past, Current & Future Analysis for
Traffic Marking Paints by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin America Independently Analyzed by Annual Sales for
the Years 2003 through 2012 in Million Gallons (includes
corresponding Graph/Chart) II-91

Table 56: World Recent Past, Current & Future Analysis for
Traffic Marking Paints by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin America Independently Analyzed by Annual Sales for
the Years 2003 through 2012 in US$ Million (includes
corresponding Graph/Chart) II-92

Table 57: World Historic Review for Traffic Marking Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in Million Gallons (includes corresponding
Graph/Chart) II-93

Table 58: World Historic Review for Traffic Marking Paints by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in US$ Million (includes corresponding
Graph/Chart) II-94

Table 59: World 20-Year Perspective for Traffic Marking Paints
by Geographic Region - Percentage Breakdown of Volume Sales
for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-95

Table 60: World 20-Year Perspective for Traffic Marking Paints
by Geographic Region - Percentage Breakdown of Value Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-96

Table 61: World Recent Past, Current & Future Analysis for
Other Paints by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 2003
through 2012 in Million Gallons (includes corresponding
Graph/Chart) II-97

Table 62: World Recent Past, Current & Future Analysis for
Other Paints by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin America
Independently Analyzed by Annual Sales for the Years 2003
through 2012 in US$ Million (includes corresponding
Graph/Chart) II-98

Table 63: World Historic Review for Other Paints by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin America Independently Analyzed
by Annual Sales for the Years 1993 through 2002 in Million
Gallons (includes corresponding Graph/Chart) II-99

Table 64: World Historic Review for Other Paints by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin America Independently Analyzed
by Annual Sales for the Years 1993 through 2002 in US$ Million
(includes corresponding Graph/Chart) II-100

Table 65: World 20-Year Perspective for Other Paints by
Geographic Region - Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-101

Table 66: World 20-Year Perspective for Other Paints by
Geographic Region - Percentage Breakdown of Value Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America for the Years 1993, 1997, 2007
and 2012 (includes corresponding Graph/Chart) II-102


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Current & Future Analysis III-1
Factors Affecting Architectural Paints Market III-1
Direction of Environmental Legislation III-1
Trend Towards Globalization III-1
Shrinking Margins for Paint Manufacturers III-2
Pentagon Gets Non-VOC Paint III-2
Efforts in the US to Save Environment III-2
2001: A Weak Year for Consolidation III-3
Paint Contractors: Driving Architectural Paints III-3
Major Issues Impacting the Market III-3
Environmental Legislation Regarding VOCs III-3
Provisions of the Rule III-3
Exceptions to the Rule III-4
Who Comes Under the Purview of the Rule? III-4
Ramifications of the Rule III-5
Product Launches III-5
Strategic Corporate Developments III-9
Related Market - An Overview III-14
Automotive Touch-up Paints III-14
Table 67: US Recent Past, Current and Future Analysis for
Automotive Touch-up Paints Analyzed by Annual Sales for
the Years 2000 through 2010 in US$ Million (includes
corresponding Graph/Chart) III-14
Focus on Select US Players III-14
Benjamin Moore & Co. III-14
PPG Industries, Inc. III-15
The Sherwin-Williams Company III-16
The Valspar Corporation III-16
B.Market Analytics III-17
Table 68: US Recent Past, Current & Future Analysis for
Paints by Product Group/Segment - Architectural Paints
(Interior Architectural Paints and Exterior Architectural
Paints), Aerosol Paints, Automotive Paints, Industrial
Paints, Marine Paints, Traffic Marking Paints and Other
Paints Independently Analyzed by Annual Sales for the Years
2003 through 2012 in Million Gallons (includes corresponding
Graph/Chart) III-17

Table 69: US Recent Past, Current & Future Analysis for
Paints by Product Group/Segment - Architectural Paints
(Interior Architectural Paints and Exterior Architectural
Paints), Aerosol Paints, Automotive Paints, Industrial
Paints, Marine Paints, Traffic Marking Paints and Other
Paints Independently Analyzed by Annual Sales for the Years
2003 through 2012 in US$ Million (includes corresponding
Graph/Chart) III-18

Table 70: US Historic Review for Paints by Product
Group/Segment - Architectural Paints (Interior Architectural
Paints and Exterior Architectural Paints), Aerosol Paints,
Automotive Paints, Industrial Paints, Marine Paints, Traffic
Marking Paints and Other Paints Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in Million
Gallons (includes corresponding Graph/Chart) III-19

Table 71: US Historic Review for Paints by Product
Group/Segment - Architectural Paints (Interior Architectural
Paints and Exterior Architectural Paints), Aerosol Paints,
Automotive Paints, Industrial Paints, Marine Paints, Traffic
Marking Paints and Other Paints Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in US$ Million
(includes corresponding Graph/Chart) III-19

Table 72: US 20-Year Perspective for Paints by Product
Group/Segment - Percentage Breakdown of Volume Sales for
Architectural Paints (Interior Architectural Paints and
Exterior Architectural Paints), Aerosol Paints, Automotive
Paints, Industrial Paints, Marine Paints, Traffic Marking
Paints and Other Paints for the Years 1993, 1997, 2007 and
2012 (includes corresponding Graph/Chart) III-20

Table 73: US 20-Year Perspective for Paints by Product
Group/Segment - Percentage Breakdown of Value Sales for
Architectural Paints (Interior Architectural Paints and
Exterior Architectural Paints), Aerosol Paints, Automotive
Paints, Industrial Paints, Marine Paints, Traffic Marking
Paints and Other Paints for the Years 1993, 1997, 2007 and
2012 (includes corresponding Graph/Chart) III-21

2. Canada III-22
A.Market Analysis III-22
Current and Future Analysis III-22
Strategic Corporate Developments III-22
B.Market Analytics III-23
Table 74: Canadian Recent Past, Current & Future Analysis
for Paints by Product Group/Segment - Architectural Paints
(Interior Architectural Paints and Exterior Architectural
Paints), Aerosol Paints, Automotive Paints, Industrial
Paints, Marine Paints, Traffic Marking Paints and Other
Paints Independently Analyzed by Annual Sales for the Years
2003 through 2012 in Million Gallons (includes corresponding
Graph/Chart) III-23

Table 75: Canadian Recent Past, Current & Future Analysis
for Paints by Product Group/Segment - Architectural Paints
(Interior Architectural Paints and Exterior Architectural
Paints), Aerosol Paints, Automotive Paints, Industrial
Paints, Marine Paints, Traffic Marking Paints and Other
Paints Independently Analyzed by Annual Sales for the Years
2003 through 2012 in US$ Million (includes corresponding
Graph/Chart) III-24

Table 76: Canadian Historic Review for Paints by Product
Group/Segment - Architectural Paints (Interior Architectural
Paints and Exterior Architectural Paints), Aerosol Paints,
Automotive Paints, Industrial Paints, Marine Paints, Traffic
Marking Paints and Other Paints Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in Million
Gallons (includes corresponding Graph/Chart) III-25

Table 77: Canadian Historic Review for Paints by Product
Group/Segment - Architectural Paints (Interior Architectural
Paints and Exterior Architectural Paints), Aerosol Paints,
Automotive Paints, Industrial Paints, Marine Paints, Traffic
Marking Paints and Other Paints Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in US$ Million
(includes corresponding Graph/Chart) III-25

Table 78: Canadian 20-Year Perspective for Paints by Product
Group/Segment - Percentage Breakdown of Volume Sales for
Architectural Paints (Interior Architectural Paints and
Exterior Architectural Paints), Aerosol Paints, Automotive
Paints, Industrial Paints, Marine Paints, Traffic Marking
Paints and Other Paints for the Years 1993, 1997, 2007 and
2012 (includes corresponding Graph/Chart) III-26

Table 79: Canadian 20-Year Perspective for Paints by Product
Group/Segment - Percentage Breakdown of Value Sales for
Architectural Paints (Interior Architectural Paints and
Exterior Architectural Paints), Aerosol Paints, Automotive
Paints, Industrial Paints, Marine Paints, Traffic Marking
Paints and Other Paints for the Years 1993, 1997, 2007 and
2012 (includes corresponding Graph/Chart) III-27

3. Japan III-28
A.Market Analysis III-28
Current & Future Analysis III-28
Key Players in Japanese Paints Industry III-28
Table 80: Leading Players in Japanese Water Based Paints
Market: Percentage Breakdown of Shipment Volume for 2003,
2004 and 2005 for Kansai Paints, Nippon Paints, Dai Nippon
Toryo, Shinto Paints, and Others (includes corresponding
Graph/Chart) III-28

Table 81: Leading Players in Japanese Oil Based Paints
Market: Percentage Breakdown of Shipment Volume for 2003,
2004 and 2005for Chugoku Marine Paints, Kansai Paints,
Shinto Paints, Nippon Paints, NOF, and Others (includes
corresponding Graph/Chart) III-29
Focus on Select Japanese Players III-29
Chugoku Marine Paints III-29
Dai Nippon Toryo III-29
Kansai Paint Co. Ltd. III-29
Nippon Paint Co. Ltd. III-30
B.Market Analytics III-30
Table 82: Japanese Recent Past, Current & Future Analysis
for Paints by Product Group/Segment - Architectural Paints
(Interior Architectural Paints and Exterior Architectural
Paints), Aerosol Paints, Automotive Paints, Industrial
Paints, Marine Paints, Traffic Marking Paints and Other
Paints Independently Analyzed by Annual Sales for the Years
2003 through 2012 in Million Gallons (includes corresponding
Graph/Chart) III-30

Table 83: Japanese Recent Past, Current & Future Analysis
for Paints by Product Group/Segment - Architectural Paints
(Interior Architectural Paints and Exterior Architectural
Paints), Aerosol Paints, Automotive Paints, Industrial
Paints, Marine Paints, Traffic Marking Paints and Other
Paints Independently Analyzed by Annual Sales for the Years
2003 through 2012 in US$ Million (includes corresponding
Graph/Chart) III-31

Table 84: Japanese Historic Review for Paints by Product
Group/Segment - Architectural Paints (Interior Architectural
Paints and Exterior Architectural Paints), Aerosol Paints,
Automotive Paints, Industrial Paints, Marine Paints, Traffic
Marking Paints and Other Paints Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in Million
Gallons (includes corresponding Graph/Chart) III-32

Table 85: Japanese Historic Review for Paints by Product
Group/Segment - Architectural Paints (Interior Architectural
Paints and Exterior Architectural Paints), Aerosol Paints,
Automotive Paints, Industrial Paints, Marine Paints, Traffic
Marking Paints and Other Paints Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in US$ Million
(includes corresponding Graph/Chart) III-32

Table 86: Japanese 20-Year Perspective for Paints by Product
Group/Segment - Percentage Breakdown of Volume Sales for
Architectural Paints (Interior Architectural Paints and
Exterior Architectural Paints), Aerosol Paints, Automotive
Paints, Industrial Paints, Marine Paints, Traffic Marking
Paints and Other Paints for the Years 1993, 1997, 2007 and
2012 (includes corresponding Graph/Chart) III-33

Table 87: Japanese 20-Year Perspective for Paints by Product
Group/Segment - Percentage Breakdown of Value Sales for
Architectural Paints (Interior Architectural Paints and
Exterior Architectural Paints), Aerosol Paints, Automotive
Paints, Industrial Paints, Marine Paints, Traffic Marking
Paints and Other Paints for the Years 1993, 1997, 2007 and
2012 (includes corresponding Graph/Chart) III-34

4. Europe III-35
A.Market Analysis III-35
Current & Future Analysis III-35
European Union Proposes New VOC Limits III-35
Economic Impact of New Proposal III-35
Product Launches III-35
Strategic Corporate Developments III-36
B.Market Analytics III-41
Table 88: European Recent Past, Current & Future Analysis
for Paints by Geographic Region - France, Germany, Italy,
UK, Spain, Russia and Rest of Europe Independently Analyzed
by Annual Sales for the Years 2003 through 2012 in Million
Gallons (includes corresponding Graph/Chart) III-41

Table 89: European Recent Past, Current & Future Analysis
for Paints by Product Group/Segment - Architectural Paints
(Interior Architectural Paints and Exterior Architectural
Paints), Aerosol Paints, Automotive Paints, Industrial
Paints, Marine Paints, Traffic Marking Paints and Other
Paints Independently Analyzed by Annual Sales for the Years
2003 through 2012 in Million Gallons (includes corresponding
Graph/Chart) III-41

Table 90: European Recent Past, Current & Future Analysis
for Paints by Geographic Region - France, Germany, Italy,
UK, Spain, Russia and Rest of Europe Independently Analyzed
by Annual Sales for the Years 2003 through 2012 in US$
Million (includes corresponding Graph/Chart) III-42

Table 91: European Recent Past, Current & Future Analysis
for Paints by Product Group/Segment - Architectural Paints
(Interior Architectural Paints and Exterior Architectural
Paints), Aerosol Paints, Automotive Paints, Industrial
Paints, Marine Paints, Traffic Marking Paints and Other
Paints Independently Analyzed by Annual Sales for the Years
2003 through 2012 in US$ Million (includes corresponding
Graph/Chart) III-43

Table 92: European Historic Review for Paints by Geographic
Region - France, Germany, Italy, UK, Spain, Russia and Rest
of Europe Independently Analyzed by Annual Sales for the
Years 1993 through 2002 in Million Gallons (includes
corresponding Graph/Chart) III-43

Table 93: European Historic Review for Paints by Product
Group/Segment - Architectural Paints (Interior Architectural
Paints and Exterior Architectural Paints), Aerosol Paints,
Automotive Paints, Industrial Paints, Marine Paints, Traffic
Marking Paints and Other Paints Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in Million
Gallons (includes corresponding Graph/Chart) III-44

Table 94: European Historic Review for Paints by Geographic
Region - France, Germany, Italy, UK, Spain, Russia and Rest
of Europe Independently Analyzed by Annual Sales for the
Years 1993 through 2002 in US$ Million (includes
corresponding Graph/Chart) III-44

Table 95: European Historic Review for Paints by Product
Group/Segment - Architectural Paints, (Interior
Architectural Paints and Exterior Architectural Paints),
Aerosol Paints, Automotive Paints, Industrial Paints, Marine
Paints, Traffic Marking Paints and Other Paints
Independently Analyzed by Annual Sales for the Years 1993
through 2002 in US$ Million (includes corresponding
Graph/Chart) III-45

Table 96: European 20-Year Perspective for Paints by
Geographic Region - Percentage Breakdown of Volume Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
for the Years 1993, 1997, 2007 and 2012 (includes
corresponding Graph/Chart) III-45

Table 97: European 20-Year Perspective for Paints by Product
Group/Segment - Percentage Breakdown of Volume Sales for
Architectural Paints (Interior Architectural Paints and
Exterior Architectural Paints), Aerosol Paints, Automotive
Paints, Industrial Paints, Marine Paints, Traffic Marking
Paints and Other Paints for the Years 1993, 1997, 2007 and
2012 (includes corresponding Graph/Chart) III-46

Table 98: European 20-Year Perspective for Paints by
Geographic Region - Percentage Breakdown of Value Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
for the Years 1993, 1997, 2007 and 2012 (includes
corresponding Graph/Chart) III-47

Table 99: European 20-Year Perspective for Paints by Product
Group/Segment - Percentage Breakdown of Value Sales for
Architectural Paints (Interior rchitectural Paints and
Exterior Architectural Paints), Aerosol Paints, Automotive
Paints, Industrial Paints, Marine Paints, Traffic Marking
Paints and Other Paints for the Years 1993, 1997, 2007 and
2012 (includes corresponding Graph/Chart) III-48

4a. France III-49
A.Market Analysis III-49
Current & Future Analysis III-49
Solvent-Based Paints Vs. Water-Based Paints III-49
B.Market Analytics III-50
Table 100: French Recent Past, Current & Future Analysis for
Paints by Product Group/Segment - Architectural Paints
(Interior Architectural Paints and Exterior Architectural
Paints), Aerosol Paints, Automotive Paints, Industrial
Paints, Marine Paints, Traffic Marking Paints and Other
Paints Independently Analyzed by Annual Sales for the Years
2003 through 2012 in Million Gallons (includes corresponding
Graph/Chart) III-50

Table 101: French Recent Past, Current & Future Analysis for
Paints by Product Group/Segment - Architectural Paints
(Interior Architectural Paints and Exterior Architectural
Paints), Aerosol Paints, Automotive Paints, Industrial
Paints, Marine Paints, Traffic Marking Paints and Other
Paints Independently Analyzed by Annual Sales for the Years
2003 through 2012 in US$ Million (includes corresponding
Graph/Chart) III-51

Table 102: French Historic Review for Paints by Product
Group/Segment - Architectural Paints (Interior Architectural
Paints and Exterior Architectural Paints), Aerosol Paints,
Automotive Paints, Industrial Paints, Marine Paints, Traffic
Marking Paints and Other Paints Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in Million
Gallons (includes corresponding Graph/Chart) III-52

Table 103: French Historic Review for Paints by Product
Group/Segment - Architectural Paints (Interior Architectural
Paints and Exterior Architectural Paints), Aerosol Paints,
Automotive Paints, Industrial Paints, Marine Paints, Traffic
Marking Paints and Other Paints Independently Analyzed by
Annual Sales for the Years 1993 through 2002 in US$ Million
(includes corresponding Graph/Chart) III-52

Table 104: French 20-Year Perspective for Paints by Product
Group/Segment - Percentage Breakdown of Volume Sales for
Architectural Paints (Interior Architectural Paints and
Exterior Architectural Paints), Aerosol Paints, Automotive
Paints, Industrial Paints, Marine Paints, Traffic Marking
Paints and Other Paints for the Years 1993, 1997, 2007 and
2012 (includes corresponding Graph/Chart) III-53

Table 105: French 20-Year Perspective for Paints by Product
Group/Segment - Percentage Breakdown of Value Sales for
Architectural Paints (Interior Architectural Paints and
Exterior Architectural Paints), Aerosol Paints, Automotive
Paints, Industrial Paints, Marine Paints, Traffic Marking
Paints and Other Paints for the Years 1993, 1997, 2007 and
2012 (includes corresponding Graph/Chart) III-54

4b. Germany