US demand for paint and coatings is forecast to increase 7.8 percent annually through 2015, as the industry continues to favor higher-value formulations to meet increasingly stringent regulations. The large architectural sector will be the fastest growing market, with the interior segment remaining larger and growing faster than its exterior counterpart.

This study analyzes the $18 billion US paint and coating industry. It presents historical demand data for the years 2000, 2005 and 2010, and forecasts for 2015 and 2020 by market (e.g., architectural, manufacturing, maintenance and specialty coatings), formulation (water-based, solvent-based, powder coatings) and substrate.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry players, including Sherwin-Williams, PPG Industries and Akzo Nobel.

				    TABLE OF CONTENTS

     SECTION									    PAGE

		INTRODUCTION							      xi

	I.	EXECUTIVE SUMMARY						       1

	II.	MARKET ENVIRONMENT						       4
		General								       4
		Macroeconomic Outlook						       6
		Demographic Outlook						       9
		Personal Consumption Expenditures				      13
		Manufacturing Outlook						      16
		Construction Outlook						      19
		Building Construction Expenditures				      21
		   Residential Building Construction				      24
		      Housing Completions					      26
		      Housing Stock						      31
		      Residential Improvements & Repairs			      35
		   Nonresidential Building Construction				      36
		Siding Trends							      39
		Raw Materials							      42
		Environmental & Regulatory Considerations			      44
		   Volatile Organic Compounds					      46
		   Pigments							      48
		   Solid Waste Recycling					      49
		   Paint Industry Regulations					      51
		World Paint & Coatings Demand					      53

	III.	OVERVIEW							      56
		Supply & Demand							      56
		Historical Market Trends					      58
		Formulations							      61
		   Water-Based							      63
		   Solvent-Based						      64
		   Powder Coatings						      66
		   Other							      66
		Substrates							      67
		Pricing Trends							      69
		Foreign Trade							      72
		   Imports							      75
		   Exports							      78

	IV.	ARCHITECTURAL MARKETS						      81
		Supply & Demand							      81
		Historical Market Trends					      82
		Markets								      85
		   Residential Building Construction				      87
		      New Construction						      89
		      Improvement & Repair					      92
		   Nonresidential Building Construction				      95
		Applications & End Users					      97
		   Interior							     100
		   Exterior							     102
		Formulations							     104
		   Water-Based							     106
		   Solvent-Based						     107

	V.	MANUFACTURING MARKETS						     109
		Supply & Demand							     109
		Historical Market Trends					     110
		Markets								     113
		   Furniture & Fixtures						     116
		      Furniture Industry Outlook				     117
		      Coatings Demand						     118
		      Suppliers							     122
		   Packaging							     123
		      Packaging Industry Outlook				     124
		      Coatings Demand						     126
			Rigid Containers & Closures				     127
			Flexible & Paper Packaging				     130
		      Suppliers							     133
		   Motor Vehicles						     134
		      Motor Vehicle Production Outlook				     135
		      Coatings Demand						     137
		      Suppliers							     140
		   Metal Building Components					     143
		      Nonresidential Fixed Investment				     143
		      Coatings Demand						     144
		      Suppliers							     146
		   Machinery							     146
		      Machinery Outlook						     147
		      Coatings Demand						     148
		      Suppliers							     150
		   Appliances							     151
		      Appliance Industry Outlook				     151
		      Coatings Demand						     153
		      Suppliers							     156
		   Lawn & Garden Equipment					     157
		      Power Lawn & Garden Equipment Industry Outlook		     157
		      Coatings Demand						     158
		   Aerospace & Other Transportation Equipment			     160
		      Aerospace & Other Transportation Equipment Outlook	     161
		      Coatings Demand						     162
		      Aerospace Coatings Suppliers				     167
		   Flooring							     168
		      Hard Surface Flooring Outlook				     169
		      Coatings Demand						     170
		   Other Manufacturing Markets					     172
		Formulations							     174

	VI.	MAINTENANCE & SPECIALTY COATINGS				     177
		Supply & Demand							     177
		Historical Market Trends					     178
		Markets								     180
		   Industrial Maintenance					     183
		      Nonresidential Building Improvements & Repairs		     184
		      Coatings Demand						     185
		      Suppliers							     189
		   Automotive Refinishing					     191
		      Motor Vehicle Park					     191
		      Coatings Demand						     192
		      Suppliers							     195
		   Roads & Bridges						     199
		      Highway & Street Expenditures				     199
		      Coatings Demand						     201
		      Suppliers							     204
		   Marine Equipment						     205
		      Marine Equipment Outlook					     206
		      Coatings Demand						     207
		      Suppliers							     211
		   Other							     211
		Formulations							     213

	VII.	INDUSTRY STRUCTURE						     216
		General								     216
		Industry Composition						     217
		   Architectural & Decorative Paint				     221
		   Industrial Coatings						     224
		Acquisitions & Divestitures					     227
		Cooperative Agreements						     229
		Distribution							     232
		Competitive Strategies						     235
		Research & Development						     237
		Company Profiles						     240
		   Ace Hardware Corporation					     241
		   AD Fire Protection Systems, see RPM International
		   Akzo Nobel NV						     244
		   BASF SE							     251
		   Behr Process, see Masco
		   Benjamin Moore, see Berkshire Hathaway
		   Berkshire Hathaway Incorporated				     253
		   Cabot, see Valspar
		   Carboline, see RPM International
		   Chemprobe Coating Systems, see Tnemec
		   Color Wheel Paint, see Consorcio Comex
		   Consorcio Comex SA de CV					     258
		   DayGlo Color, see RPM International
		   Diamond Vogel Paints						     262
		   Dow Chemical Company						     267
		   Dryvit Systems, see RPM International
		   Dunn-Edwards Corporation					     268
		   DuPont (EI) de Nemours					     272
		   EFTEC, see EMS-Chemie Holding
		   EMS-Chemie Holding AG					     275
		   Ennis Paint Incorporated					     276
		   Ferro Corporation						     278
		   Frazee Paint, see Consorcio Comex
		   Fujikura Kasei Company Limited				     280
		   Fuller (HB) Company						     282
		   General Paint, see Consorcio Comex
		   House of Kolor, see Valspar
		   Hydro-Stop, see Quest Specialty Chemicals
		   Innovative Performance Systems, see Ennis Paint
		   International Paint, see Akzo Nobel
		   Jones-Blair Company						     284
		   Kelly-Moore Paint Company Incorporated			     286
		   Kwal Paint, see Consorcio Comex
		   LORD Corporation						     288
		   Majic Paints, see Yenkin-Majestic Paint
		   Masco Corporation						     290
		   Masterchem Industries, see Masco
		   Matrix Systems Automotive Finishes, see Quest Specialty Chemicals
		   Metal Coatings International, see NOF
		   Neogard, see Jones-Blair
		   Nippon Paint Company Limited					     294
		   NOF Corporation						     296
		   Parker Paint Manufacturing, see Consorcio Comex
		   Pettit Paints, see RPM International
		   Plasti-Kote, see Valspar
		   PPG Industries Incorporated					     298
		   Quest Specialty Chemicals Incorporated			     304
		   Raabe, see Quest Specialty Chemicals
		   Red Spot Paint & Varnish, see Fujikura Kasei
		   RPM International Incorporated				     307
		   Rust-Oleum, see RPM International
		   Sherwin-Williams Company					     316
		   Spraylat Corporation						     323
		   StrataShield, see Tnemec
		   TCI Powder Coatings, see RPM International
		   Tennant Company						     326
		   Testor, see RPM International
		   3M Company							     328
		   TIGER Coatings GmbH & Company KG				     330
		   Tnemec Company Incorporated					     332
		   Tremco, see RPM International
		   True Value Company						     335
		   US Paint Corporation						     336
		   Valspar Corporation						     338
		   Vista Paint Corporation					     343
		   Yenkin-Majestic Paint Corporation				     346
		   Zolatone Automotive, Industrial & Marine, see Quest 
		      Specialty Chemicals


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- EXECUTIVE SUMMARY
		Summary Table							       3

		SECTION II -- MARKET ENVIRONMENT
	1	Macroeconomic Indicators					       9
	2	Population & Households						      13
	3	Personal Consumption Expenditures				      15
	4	Manufacturers’ Shipments					      18
	5	Construction Expenditures					      21
	6	Building Construction Expenditures				      24
	7	Residential Building Construction Expenditures			      26
	8	New Housing Indicators						      31
	9	Housing Stock by Type						      34
	10	Residential Improvement & Repair Expenditures			      36
	11	Nonresidential Building Construction Expenditures		      39
	12	Siding Demand by Material					      42
	13	Raw Material Demand in Paint & Coatings				      44

		SECTION III -- OVERVIEW
	1	Paint & Coatings Supply & Demand				      58
	2	Paint & Coatings Market, 2000-2010				      60
	3	Paint & Coatings Demand by Formulation				      62
	4	Paint & Coatings Demand by Substrate				      69
	5	Paint & Coatings Prices						      72
	6	US Foreign Trade in Paint & Coatings				      75
	7	Paint & Coatings Imports by Source, 2005-2010			      77
	8	Paint & Coatings Exports by Destination, 2005-2010		      79

		SECTION IV -- ARCHITECTURAL MARKETS
	1	Architectural Paint Supply & Demand				      82
	2	Architectural Paint Market, 2000-2010				      84
	3	Architectural Paint Demand by Market				      87
	4	Residential Building Construction Markets 
		   for Architectural Paint					      89
	5	New Residential Construction Markets for Architectural Paint	      92
	6	Residential Improvement & Repair Markets 
		   for Architectural Paint					      95
	7	Nonresidential Building Construction Markets 
		   for Architectural Paint					      97
	8	Architectural Paint Demand by Application & End User		      99
	9	Interior Architectural Paint Demand				     101
	10	Exterior Architectural Paint Demand				     104
	11	Architectural Paint Demand by Formulation			     105

		SECTION V -- MANUFACTURING MARKETS
	1	Manufacturing Coatings Supply & Demand				     110
	2	Manufacturing Coatings Market, 2000-2010			     112
	3	Manufacturing Coatings Demand by Market				     115
	4	Furniture Shipments						     118
	5	Furniture & Fixture Coatings Demand				     122
	6	Packaging Supply & Demand					     126
	7	Packaging Coatings Demand					     127
	8	Rigid Container & Closure Coatings Demand			     130
	9	Flexible & Paper Packaging Coatings Demand			     133
	10	Motor Vehicle Production					     137
	11	Motor Vehicle Coatings Demand					     139
	12	Nonresidential Fixed Investment on Structures			     144
	13	Metal Building Component Coatings Demand			     146
	14	Machinery Shipments						     148
	15	Machinery Coatings Demand					     150
	16	Appliance Shipments by Type					     153
	17	Appliance Coatings Demand					     156
	18	Power Lawn & Garden Equipment Shipments				     158
	19	Lawn & Garden Equipment Coatings Demand				     160
	20	Aerospace & Other Transportation Equipment Shipments		     162
	21	Aerospace & Other Transportation Equipment 
		   Coatings Demand						     167
	22	Hard Surface Flooring Shipments					     170
	23	Flooring Coatings Demand					     172
	24	Other Manufacturing Markets for Coatings			     174
	25	Manufacturing Coatings Demand by Formulation			     176

		SECTION VI -- MAINTENANCE & SPECIALTY 
		   COATINGS
	1	Maintenance & Specialty Coatings Supply & Demand		     178
	2	Maintenance & Specialty Coatings Market, 2000-2010		     179
	3	Maintenance & Specialty Coatings Demand by Market		     182
	4	Nonresidential Building Improvement & Repair Expenditures	     185
	5	Industrial Maintenance Coatings Demand				     189
	6	Motor Vehicle Park						     192
	7	Automotive Refinish Coatings Demand				     195
	8	Highway & Street Expenditures					     201
	9	Road & Bridge Coatings Demand					     204
	10	Marine Equipment Shipments					     207
	11	Marine Coatings Demand						     210
	12	Other Maintenance & Specialty Coatings Demand			     213
	13	Maintenance & Specialty Coatings Demand by Formulation		     215

		SECTION VII -- INDUSTRY STRUCTURE
	1	US Paint & Coatings Sales by Company, 2010			     220
	2	Selected Acquisitions & Divestitures				     229
	3	Selected Cooperative Agreements					     232

SECTION I -- 
				      LIST OF CHARTS

    CHART NUMBER								    PAGE


		SECTION II -- MARKET ENVIRONMENT
	1	Year of Construction of Housing Stock, 2010			      34
	2	World Paint & Coatings Demand by Region, 2010			      55

		SECTION III -- OVERVIEW
	1	Paint & Coatings Market, 2000-2010				      61
	2	Paint & Coatings Demand by Formulation, 2010			      63
	3	Paint & Coatings Imports by Source, 2010			      77
	4	Paint & Coatings Exports by Destination, 2010			      80

		SECTION IV -- ARCHITECTURAL MARKETS
	1	Architectural Paint Market, 2000-2010				      85

		SECTION V -- MANUFACTURING MARKETS
	1	Manufacturing Coatings Market, 2000-2010			     113
	2	Manufacturing Coatings Demand by Market, 2010			     116
	3	OEM Motor Vehicle Coatings Demand Relative to 
			US Motor Vehicle Production, 2000-2010	         	     140

		SECTION VI -- MAINTENANCE & SPECIALTY 
		   COATINGS
	1	Maintenance & Specialty Coatings Market, 2000-2010		     180
	2	Maintenance & Specialty Coatings Demand by Market, 2010		     183

		SECTION VII -- INDUSTRY STRUCTURE
	1	US Paint & Coatings Market Share, 2010				     221
	2	US Architectural & Decorative Paint Market Share, 2010		     224
	3	US Industrial Coatings Market Share, 2010			     227