The paints and coatings manufacturing
industry comprises establishments that primarily mix pigments, solvents, and
binders into paints and other coatings, such as stains, varnishes, lacquers,
enamels, shellacs, and water repellant coatings for concrete and masonry,
and/or manufacture allied paints products, such as putties, paints and varnish
removers, paints brush cleaners, and frit.
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The global paints and coatings market has
shown modest growth in the past years with a CAGR of over 5.5%. The year 2017
recorded highest ever growth in this market with a net value of $196 billion as
per TBRC’s in-house consultants.
TBRC’s latest report show the historic
and future trends in the market for each year with sourced reasons to support
the growth claims.
The report also shows the paints and
coatings market to grow at a higher CAGR by 2021 as compared to 2017, along
with geographies best suited for investments with highest return rate.
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sample report at
PET technology enables homogenous
distribution of mineral particles during painting. It is an acrylic polymer
capable of encapsulating mineral pigments used as paint formulators. The main
performance of the coatings comes from the bulk of the binder composition,
however additional polymer features such as crosslinking, oxidative or UV
(Ultra Violet) curing and specific morphology can boost overall performance,
improving the dirt pick up resistance in most cases. PET technology is being
widely adopted by many customers and establishments to improve paint longevity
and enhance resistance to climate variations and dirt from manmade and natural
sources.
TBRC’s latest report will cover in
depth understanding and calculated impacts of each market factor on a global as
well as regional level, to analyze the best investment strategy for this
market.
Companies included in the report are PPG
Industries Inc., The Sherwin-Williams Company, AkzoNobel N.V., Dow Chemical, and
RPM International Inc.
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