World Paint & Coatings

As Quoted In Business Standard

Advances will be driven by a strong rebound in building construction, particularly in developed areas, and by an improved outlook for motor vehicle production and overall industrial output.

World demand to rise 5.2% annually through 2017

Global demand for paint and coatings is forecast to rise 5.2 percent per year to 51.6 million metric tons in 2017, valued at $186 billion. Advances will be driven by a strong rebound in global building construction, particularly in North America, Europe, and Japan, which will fuel increased demand for architectural paint. Manufacturing and specialty coatings demand will also grow at a more rapid pace, benefiting from an improved outlook for motor vehicle production and overall industrial output. However, gains will be limited by the increased use of higher quality coatings in both the developed and developing world, reducing the volumes necessary to complete a given paint job. Water-based coatings and other high solids formulations will gain share over solventborne products in virtually all world markets, as paintmakers continue to reduce emissions of volatile organic compounds (VOCs) in coatings to comply with government regulations and consumer preferences.

Architectural market to remain dominant

Architectural markets will continue to account for the majority of paint and coatings demand in 2017. Demand for architectural paint will be fueled by an improved outlook for residential building activity in high income countries, as well as rising urbanization and housing construction spending in the developing world. Coatings demand in manufacturing applications will benefit from an uptick in world motor vehicle production, while an improvement in building construction activity will boost demand for furniture coatings. Maintenance and specialty markets will be driven by rising demand for protective coatings in industrial and oil and gas applications, as well as for auto refinish paints and road and bridge coatings.

Asia/Pacific region to stay largest, fastest-growing

The Asia/Pacific region will continue to be the largest and fastest growing coatings market through 2017, rising to account for half of global demand. Gains will be led by robust growth in China, the world’s largest national coatings market, although advances will slow somewhat from the double-digit annual pace of the 2002-2012 period. Even faster growth is forecast for the large Indian market, while other countries in Asia such as Indonesia, Thailand, and Vietnam will see strong gains as well. In North America, a marked turnaround in building construction activity will fuel healthy growth in coatings demand, while Western Europe and Japan will see similar (though slower) rebounds in the coatings market. Among the other areas of the world, best opportunities are expected in the Africa/Mideast region, albeit from a low base.

Study coverage

This study analyzes the 40 million metric ton world paint and coatings industry. It presents historical demand data for 2002, 2007 and 2012, with forecasts for 2017 and 2022 by formulation (e.g., water-based, solvent-based, powder coatings), market (architectural, manufacturing, maintenance and specialty), world region, and for 23 countries.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 35 industry players, including PPG Industries, Akzo Nobel and Sherwin-Williams.

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Purchase World Paint & Coatings by the Section

  1. World Paint & Coatings

    $6,200.00

    1. 1 INTRODUCTION

      $173.00

    2. 2 EXECUTIVE SUMMARY

      $114.00

      1. Table | WORLD PAINT & COATINGS DEMAND

    3. 3 MARKET ENVIRONMENT

      $1,115.00

      1. 3.1 General

        $82.00

      2. 3.2 World Economic Overview

        $239.00

        1. 3.2.1 Recent Historical Trends

          $94.00

        2. 3.2.2 World Economic Outlook

          $131.00

          1. Table | WORLD GROSS DOMESTIC PRODUCT BY REGION

      3. 3.3 World Population Outlook

        $82.00

        1. Table | WORLD POPULATION BY REGION

      4. 3.4 World Gross Fixed Investment Outlook

        $82.00

        1. Table | WORLD GROSS FIXED CAPITAL FORMATION BY REGION

      5. 3.5 World Building Construction Outlook

        $126.00

        1. Table | WORLD BUILDING CONSTRUCTION EXPENDITURES BY REGION

        2. 3.5.1 Residential Building

          $82.00

          1. Table | WORLD RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION

        3. 3.5.2 Nonresidential Building

          $82.00

          1. Table | WORLD NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION

      6. 3.6 World Nonbuilding Construction Outlook

        $82.00

        1. Table | WORLD NONBUILDING CONSTRUCTION EXPENDITURES BY REGION

      7. 3.7 World Manufacturing Outlook

        $93.00

        1. Table | WORLD MANUFACTURING VALUE ADDED BY REGION

      8. 3.8 World Motor Vehicle Production

        $97.00

        1. Table | WORLD MOTOR VEHICLE PRODUCTION BY REGION

      9. 3.9 World Motor Vehicles in Use

        $82.00

        1. Table | WORLD MOTOR VEHICLES IN USE BY REGION

      10. 3.10 Environmental & Regulatory Considerations

        $238.00

        1. 3.10.1 Volatile Organic Compounds

          $111.00

        2. 3.10.2 Other Environmental Issues

          $104.00

    4. 4 OVERVIEW

      $1,336.00

      1. 4.1 General

        $120.00

        1. Table | WORLD PAINT & COATINGS DEMAND

      2. 4.2 Demand by Region

        $87.00

        1. Table | WORLD PAINT & COATINGS DEMAND BY REGION

        2. CHART III-1 WORLD PAINT & COATINGS DEMAND BY REGION, 2012

      3. 4.3 Demand by Formulation

        $451.00

        1. Table | WORLD PAINT & COATINGS DEMAND BY FORMULATION

        2. CHART III-2 WORLD PAINT & COATINGS DEMAND BY FORMULATION & REGION, 2002, 2012, &2022

        3. 4.3.1 Water-Based

          $107.00

          1. Table | WORLD WATER-BASED PAINT & COATINGS DEMAND BY REGION

        4. 4.3.2 Solvent-Based

          $84.00

          1. Table | WORLD SOLVENT-BASED PAINT & COATINGS DEMAND BY REGION

        5. 4.3.3 Powder Coatings & Other

          $118.00

          1. Table | WORLD POWDER & OTHER COATINGS DEMAND BY REGION

      4. 4.4 Demand by Market

        $527.00

        1. Table | WORLD PAINT & COATINGS DEMAND BY MARKET

        2. CHART III-3 WORLD PAINT & COATINGS DEMAND BY MARKET, 2012

        3. 4.4.1 Architectural

          $135.00

          1. Table | WORLD ARCHITECTURAL MARKETS FOR PAINT & COATINGS BY SEGMENT & FORMULATION

        4. 4.4.2 Manufacturing

          $170.00

          1. Table | WORLD MANUFACTURING MARKETS FOR PAINT & COATINGS BY SEGMENT & FORMULATION

        5. 4.4.3 Maintenance & Specialty

          $158.00

          1. Table | WORLD MAINTENANCE & SPECIALTY MARKETS FOR PAINT & COATINGS BY SEGMENT & FORMULATION

      5. 4.5 Production by Region

        $82.00

        1. Table | WORLD PAINT & COATINGS PRODUCTION BY REGION

        2. CHART III-4 WORLD PAINT & COATINGS PRODUCTION BY REGION, 2012

      6. 4.6 International Trade Flows

        $82.00

        1. Table | WORLD PAINT & COATINGS NET EXPORTS BY REGION

    5. 5 NORTH AMERICA

      $896.00

      1. 5.1 North America: Supply & Demand

        $106.00

        1. Table | NORTH AMERICA: PAINT & COATINGS SUPPLY & DEMAND

      2. 5.2 North America: Paint & Coatings Demand

        $82.00

        1. Table | NORTH AMERICA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        2. CHART IV-1 NORTH AMERICA: PAINT & COATINGS DEMAND BY COUNTRY, 2012

      3. 5.3 United States

        $240.00

        1. 5.3.1 United States: Supply & Demand

          $121.00

          1. Table | UNITED STATES: PAINT & COATINGS SUPPLY & DEMAND

        2. 5.3.2 United States: Paint & Coatings Demand

          $118.00

          1. Table | UNITED STATES: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      4. 5.4 Canada

        $185.00

        1. 5.4.1 Canada: Supply & Demand

          $118.00

          1. Table | CANADA: PAINT & COATINGS SUPPLY & DEMAND

        2. 5.4.2 Canada: Paint & Coatings Demand

          $82.00

          1. Table | CANADA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      5. 5.5 Mexico

        $188.00

        1. 5.5.1 Mexico: Supply & Demand

          $123.00

          1. Table | MEXICO: PAINT & COATINGS SUPPLY & DEMAND

        2. 5.5.2 Mexico: Paint & Coatings Demand

          $82.00

          1. Table | MEXICO: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      6. 5.6 North America: Suppliers & Market Share

        $95.00

        1. CHART IV-2 NORTH AMERICA: PAINT & COATINGS MARKET SHARE, 2012

    6. 6 WESTERN EUROPE

      $1,518.00

      1. 6.1 Western Europe: Supply & Demand

        $129.00

        1. Table | WESTERN EUROPE: PAINT & COATINGS SUPPLY & DEMAND

      2. 6.2 Western Europe: Paint & Coatings Demand

        $82.00

        1. Table | WESTERN EUROPE: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        2. CHART V-1 WESTERN EUROPE: PAINT & COATINGS DEMAND BY COUNTRY, 2012

      3. 6.3 Germany

        $188.00

        1. 6.3.1 Germany: Supply & Demand

          $121.00

          1. Table | GERMANY: PAINT & COATINGS SUPPLY & DEMAND

        2. 6.3.2 Germany: Paint & Coatings Demand

          $82.00

          1. Table | GERMANY: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      4. 6.4 France

        $172.00

        1. 6.4.1 France: Supply & Demand

          $102.00

          1. Table | FRANCE: PAINT & COATINGS SUPPLY & DEMAND

        2. 6.4.2 France: Paint & Coatings Demand

          $82.00

          1. Table | FRANCE: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      5. 6.5 Italy

        $195.00

        1. 6.5.1 Italy: Supply & Demand

          $117.00

          1. Table | ITALY: PAINT & COATINGS SUPPLY & DEMAND

        2. 6.5.2 Italy: Paint & Coatings Demand

          $82.00

          1. Table | ITALY: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      6. 6.6 United Kingdom

        $169.00

        1. 6.6.1 United Kingdom: Supply & Demand

          $103.00

          1. Table | UNITED KINGDOM: PAINT & COATINGS SUPPLY & DEMAND

        2. 6.6.2 United Kingdom: Paint & Coatings Demand

          $82.00

          1. Table | UNITED KINGDOM: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      7. 6.7 Spain

        $172.00

        1. 6.7.1 Spain: Supply & Demand

          $103.00

          1. Table | SPAIN: PAINT & COATINGS SUPPLY & DEMAND

        2. 6.7.2 Spain: Paint & Coatings Demand

          $82.00

          1. Table | SPAIN: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      8. 6.8 Netherlands

        $156.00

        1. 6.8.1 Netherlands: Supply & Demand

          $97.00

          1. Table | NETHERLANDS: PAINT & COATINGS SUPPLY & DEMAND

        2. 6.8.2 Netherlands: Paint & Coatings Demand

          $82.00

          1. Table | NETHERLANDS: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      9. 6.9 Other Western Europe

        $204.00

        1. 6.9.1 Other Western Europe: Supply & Demand

          $100.00

          1. Table | OTHER WESTERN EUROPE: PAINT & COATINGS SUPPLY & DEMAND

        2. 6.9.2 Other Western Europe: Paint & Coatings Demand

          $82.00

          1. Table | OTHER WESTERN EUROPE: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        3. 6.9.3 Other Western Europe: Countries

          $82.00

          1. Table | OTHER WESTERN EUROPE: PAINT & COATINGS DEMAND BY COUNTRY

      10. 6.10 Western Europe: Suppliers & Market Share

        $82.00

        1. CHART V-2 WESTERN EUROPE: PAINT & COATINGS MARKET SHARE, 2012

    7. 7 ASIA/PACIFIC

      $2,097.00

      1. 7.1 Asia/Pacific: Supply & Demand

        $110.00

        1. Table | ASIA/PACIFIC: PAINT & COATINGS SUPPLY & DEMAND

      2. 7.2 Asia/Pacific: Paint & Coatings Demand

        $82.00

        1. Table | ASIA/PACIFIC: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        2. CHART VI-1 ASIA/PACIFIC: PAINT & COATINGS DEMAND BY COUNTRY, 2012

      3. 7.3 China

        $292.00

        1. 7.3.1 China: Supply & Demand

          $145.00

          1. Table | CHINA: PAINT & COATINGS SUPPLY & DEMAND

        2. 7.3.2 China: Paint & Coatings Demand

          $147.00

          1. Table | CHINA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      4. 7.4 India

        $227.00

        1. 7.4.1 India: Supply & Demand

          $122.00

          1. Table | INDIA: PAINT & COATINGS SUPPLY & DEMAND

        2. 7.4.2 India: Paint & Coatings Demand

          $105.00

          1. Table | INDIA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      5. 7.5 Japan

        $240.00

        1. 7.5.1 Japan: Supply & Demand

          $116.00

          1. Table | JAPAN: PAINT & COATINGS SUPPLY & DEMAND

        2. 7.5.2 Japan: Paint & Coatings Demand

          $124.00

          1. Table | JAPAN: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      6. 7.6 South Korea

        $181.00

        1. 7.6.1 South Korea: Supply & Demand

          $111.00

          1. Table | SOUTH KOREA: PAINT & COATINGS SUPPLY & DEMAND

        2. 7.6.2 South Korea: Paint & Coatings Demand

          $82.00

          1. Table | SOUTH KOREA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      7. 7.7 Indonesia

        $170.00

        1. 7.7.1 Indonesia: Supply & Demand

          $105.00

          1. Table | INDONESIA: PAINT & COATINGS SUPPLY & DEMAND

        2. 7.7.2 Indonesia: Paint & Coatings Demand

          $82.00

          1. Table | INDONESIA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      8. 7.8 Thailand

        $190.00

        1. 7.8.1 Thailand: Supply & Demand

          $120.00

          1. Table | THAILAND: PAINT & COATINGS SUPPLY & DEMAND

        2. 7.8.2 Thailand: Paint & Coatings Demand

          $82.00

          1. Table | THAILAND: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      9. 7.9 Taiwan

        $176.00

        1. 7.9.1 Taiwan: Supply & Demand

          $108.00

          1. Table | TAIWAN: PAINT & COATINGS SUPPLY & DEMAND

        2. 7.9.2 Taiwan: Paint & Coatings Demand

          $82.00

          1. Table | TAIWAN: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      10. 7.10 Australia

        $168.00

        1. 7.10.1 Australia: Supply & Demand

          $99.00

          1. Table | AUSTRALIA: PAINT & COATINGS SUPPLY & DEMAND

        2. 7.10.2 Australia: Paint & Coatings Demand

          $82.00

          1. Table | AUSTRALIA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      11. 7.11 Other Asia/Pacific

        $204.00

        1. 7.11.1 Other Asia/Pacific: Supply & Demand

          $111.00

          1. Table | OTHER ASIA/PACIFIC: PAINT & COATINGS SUPPLY & DEMAND

        2. 7.11.2 Other Asia/Pacific: Paint & Coatings Demand

          $82.00

          1. Table | OTHER ASIA/PACIFIC: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        3. 7.11.3 Other Asia/Pacific: Countries

          $82.00

          1. Table | OTHER ASIA/PACIFIC: PAINT & COATINGS DEMAND BY COUNTRY

      12. 7.12 Asia/Pacific: Suppliers & Market Share

        $82.00

        1. CHART VI-2 ASIA/PACIFIC: PAINT & COATINGS MARKET SHARE, 2012

    8. 8 OTHER REGIONS

      $2,105.00

      1. 8.1 Central & South America

        $501.00

        1. 8.1.1 Central & South America: Supply & Demand

          $113.00

          1. Table | CENTRAL & SOUTH AMERICA: PAINT & COATINGS SUPPLY & DEMAND

        2. 8.1.2 Central & South America: Paint & Coatings Demand

          $82.00

          1. Table | CENTRAL & SOUTH AMERICA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        3. 8.1.3 Brazil

          $175.00

          1. Table | BRAZIL: PAINT & COATINGS SUPPLY & DEMAND

          2. Table | BRAZIL: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        4. 8.1.4 Other Central & South America

          $159.00

          1. Table | OTHER CENTRAL & SOUTH AMERICA: PAINT & COATINGS SUPPLY & DEMAND

          2. Table | OTHER CENTRAL & SOUTH AMERICA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      2. 8.2 Eastern Europe

        $733.00

        1. 8.2.1 Eastern Europe: Supply & Demand

          $111.00

          1. Table | EASTERN EUROPE: PAINT & COATINGS SUPPLY & DEMAND

        2. 8.2.2 Eastern Europe: Paint & Coatings Demand

          $82.00

          1. Table | EASTERN EUROPE: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        3. 8.2.3 Russia

          $218.00

          1. Table | RUSSIA: PAINT & COATINGS SUPPLY & DEMAND

          2. Table | RUSSIA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        4. 8.2.4 Poland

          $164.00

          1. Table | POLAND: PAINT & COATINGS SUPPLY & DEMAND

          2. Table | POLAND: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        5. 8.2.5 Other Eastern Europe

          $180.00

          1. Table | OTHER EASTERN EUROPE: PAINT & COATINGS SUPPLY & DEMAND

          2. Table | OTHER EASTERN EUROPE: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

      3. 8.3 Africa/Mideast

        $871.00

        1. 8.3.1 Africa/Mideast: Supply & Demand

          $113.00

          1. Table | AFRICA/MIDEAST: PAINT & COATINGS SUPPLY & DEMAND

        2. 8.3.2 Africa/Mideast: Paint & Coatings Demand

          $82.00

          1. Table | AFRICA/MIDEAST: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        3. 8.3.3 Turkey

          $177.00

          1. Table | TURKEY: PAINT & COATINGS SUPPLY & DEMAND

          2. Table | TURKEY: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        4. 8.3.4 Iran

          $173.00

          1. Table | IRAN: PAINT & COATINGS SUPPLY & DEMAND

          2. Table | IRAN: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        5. 8.3.5 South Africa

          $170.00

          1. Table | SOUTH AFRICA: PAINT & COATINGS SUPPLY & DEMAND

          2. Table | SOUTH AFRICA: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

        6. 8.3.6 Other Africa/Mideast

          $187.00

          1. Table | OTHER AFRICA/MIDEAST: PAINT & COATINGS SUPPLY & DEMAND

          2. Table | OTHER AFRICA/MIDEAST: PAINT & COATINGS DEMAND BY MARKET & FORMULATION

    9. 9 INDUSTRY STRUCTURE

      $6,239.00

      1. 9.1 General

        $127.00

        1. Table | WORLD PAINT & COATINGS SALES BY COMPANY, 2012

      2. 9.2 Market Share

        $206.00

        1. CHART VIII-1 WORLD PAINT & COATINGS MARKET SHARE, 2012

      3. 9.3 Acquisitions & Industry Restructuring

        $158.00

        1. Table | SELECTED ACQUISITIONS & DIVESTITURES

      4. 9.4 Cooperative Agreements

        $114.00

        1. Table | SELECTED COOPERATIVE AGREEMENTS

      5. 9.5 Channels of Distribution

        $89.00

      6. 9.6 Competitive Strategies

        $82.00

      7. 9.7 Research & Development

        $82.00

      8. 9.8 Company Profiles

        $6,239.00

        1. 9.8.1 Akzo Nobel NV

          $556.00

        2. 9.8.2 Asian Paints Limited

          $170.00

        3. 9.8.3 Axalta Coating Systems LLC

          $179.00

        4. 9.8.4 BASF SE

          $210.00

        5. 9.8.5 Berger Paints India Limited

          $151.00

        6. 9.8.6 Berkshire Hathaway Incorporated

          $215.00

        7. 9.8.7 Carpoly Chemical Group Company Limited

          $92.00

        8. 9.8.8 Chugoku Marine Paints Limited

          $254.00

        9. 9.8.9 Cloverdale Paint Incorporated

          $208.00

        10. 9.8.10 Consorcio Comex SA de CV

          $125.00

        11. 9.8.11 Dai Nippon Toryo Company Limited

          $120.00

        12. 9.8.12 Deutsche Amphibolin-Werke von Robert Murjahn Stiftung & Company KG

          $144.00

        13. 9.8.13 DuluxGroup Limited

          $230.00

        14. 9.8.14 DuPont (EI) de Nemours

          $82.00

        15. 9.8.15 Helios Group

          $87.00

        16. 9.8.16 Hempel A/S

          $243.00

        17. 9.8.17 Jotun A/S

          $297.00

        18. 9.8.18 Kansai Paint Company Limited

          $163.00

        19. 9.8.19 KCC Corporation

          $149.00

        20. 9.8.20 Lindéngruppen AB

          $129.00

        21. 9.8.21 Masco Corporation

          $150.00

        22. 9.8.22 Materis Holding Luxembourg SA

          $141.00

        23. 9.8.23 National Paints Factories Company Limited

          $87.00

        24. 9.8.24 Nippon Paint Company Limited

          $166.00

        25. 9.8.25 Pacific Paint Boysen Philippines Incorporated

          $118.00

        26. 9.8.26 PPG Industries Incorporated

          $640.00

        27. 9.8.27 RPM International Incorporated

          $509.00

        28. 9.8.28 ShawCor Limited

          $126.00

        29. 9.8.29 Sherwin-Williams Company

          $493.00

        30. 9.8.30 Teknos Oy

          $237.00

        31. 9.8.31 Tikkurila Oyj

          $149.00

        32. 9.8.32 TOA Paint Thailand Company Limited

          $137.00

        33. 9.8.33 Valspar Corporation

          $312.00

        34. 9.8.34 Yung Chi Paint & Varnish Manufacturing Company Limited

          $97.00

        35. 9.8.35 ZAO Empils

          $82.00

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