The Business Research Company’s latest report Paints And Coatings Global Market Report 2020 covers Paints And Coatings market drivers, Paints And Coatings market trends, Paints And Coatings market segments, Paints And Coatings market growth rate, Paints And Coatings market major players, and Paints And Coatings market size. The report provides in-depth analysis of the impact of COVID-19 on the Paints And Coatings industry, along with revised market numbers due to the effects of the coronavirus.
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Paints And Coatings Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global paints and coatings market is expected to decline from $221.5 billion in 2019 to $212.5 billion in 2020 at a compound annual growth rate (CAGR) of -4.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of % from 2021 and reach $209.8 billion in 2023.
The report covers the paints and coatings market’s segments-
1) By Type: Water Borne Coatings, Solvent Based Coatings, Powder Coatings, Others - Paints And Coatings
2) By Application: Architectural, Automotive, Wood, Packaging, Aerospace, Others
3) By Type of Resin: Acrylic, Polyurethanes, Polyesters, Epoxy, Alkyd, Others
4) By Performance Range: Commodity Coating Range, Engineering Coating Range, High-Performance Coating Range.
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