Paints And Coatings Market: By Resin, By Product Type   By Application and Region Forecast 2020-2031

Paints And Coatings Market Size, Share, Growth, Trends, and Global Industry Analysis: By Resin (Epoxy, Acrylic, Polyester, Alkyd, Polyurethane, Others), By Product Type (Waterborne, Solvent Borne, Powder Coatings, UV Coatings, Others)  By Application (Architectural, Automotive OEM, Marine, Coil, General Industries, Protective Coatings, Automotive Refinish, Industrial Wood, Packaging, Others) and Region Forecast 2020-2031

Paints and Coatings Market size was valued at US$ 227.8 billion in 2024 and is expected to reach US$ 377.9 billion by 2031, growing at a significant CAGR of 7.5% from 2025-2031. The coatings and paints industry includes those products applied to prevent, improve, and modify surfaces in various industries such as manufacturing, aerospace, automotive, and construction. The painting and coatings business is influenced by several drivers such as growing demand from the automotive and building sectors, R&D of environmentally friendly formulas, and growing infrastructure development. The trend toward powder and waterborne coatings due to environmental regulations is also driving market growth. On top of this, development in intelligent coatings and nanotechnology is also enhancing the performance and life cycle of the product.

But simultaneously, the market is confronted with limitations of volatile raw material prices, stringent environmental regulations, and excessive production costs. The supply chain disruptions and volatility in the crude oil prices affect the supply of essential components such as solvents and resins. In addition to this, manufacturers' competition and the need to innovate continuously in an effort to address sustainability requirements are disrupting the market growth.

Facts & Figures

  • Powder coatings: Accounted for over 19% of the industry in 2022, known for durability and eco-friendliness.
  • Acrylic resins: Are a major component in paints and coatings due to their fast drying, adhesion, and flexibility.
  • Water-based paints: Are gaining popularity due to increasing environmental awareness.

Key Developments:

  • In April 2025, Jotun, a global leader in advanced marine coatings, entered a strategic commercial agreement with Thoresen Shipping Singapore Pte. Ltd., a prominent shipowner operating across Singapore and Thailand, to implement its Hull Skating Solutions (HSS) technology on the bulk carrier Thor Brave. This agreement marks a significant step in accelerating the maritime industry's shift toward proactive hull maintenance and sustainability.
  • In January 2025, Axalta Coating Systems and Dürr Systems AG announced a strategic partnership to commercialize digital paint solutions for automotive OEMs by integrating Axalta’s NextJet™ precision paint application technology with Dürr’s advanced robotics systems. The collaboration aims to accelerate the adoption of overspray-free, maskless painting for tutone and vehicle graphic applications, enhancing design flexibility, reducing material waste, and streamlining production efficiency.
  • In March 2024, The Sherwin-Williams Company launched Repacor SW-1000, a breakthrough 100% solids, VOC-free coating system designed to streamline maintenance and repair of steel structures, particularly offshore wind turbines and onshore industrial assets. Developed over a three-year R&D initiative, Repacor SW-1000 simplifies application by eliminating multi-layer systems; it delivers full anti-corrosion protection in a single 500-micron coat using a standard sealant gun, without the need for mixing. The coating meets NORSOK M-501 standards, cures four hours faster than traditional aerosol systems, and reduces applicator risk by enabling faster, safer rope-access work with less waste.

Paints and Coatings Market Segmentation:

Based on the resin:

  • Epoxy
  • Acrylic
  • Polyester
  • Alkyd
  • Polyurethane (PU)
  • Others

Acrylic resin holds a significant market share in volume due to its adhesion, drying speed, relative resistance, and flexibility properties, making it suitable for use in paints and coatings. The growing use of acrylic for architectural coatings of exterior and interior walls, panels, and windows is the main factor driving demand for the product.

Based on the product type:

  • Waterborne
  • Solvent Borne
  • Powder Coating
  • UV Coatings
  • Others

The waterborne coatings segment is gaining significant interest in the market due to its environmental friendliness and strict compliance with environmental regulation. The water is the solvent base for the coatings, and VOC emissions are minimal, together with being safer for application and the environment. They have widespread application in architectural, automotive, and industrial markets, with high durability, corrosion resistance, and easy application.

Based on the application:

  • Architectural
  • Automotive OEM
  • Marine
  • Coil
  • General Industries
  • Protective Coatings
  • Automotive Refinish
  • Industrial Wood

The architecture segment is anticipated to dominate in revenue and volume throughout the projected period. In architectural applications, paints and coatings are chiefly used for decorative purposes for non-residential and residential infrastructure and buildings to protect them from UV radiation and environmental damage among other factors. The rising use of these materials in various industries, such as automotive construction, is anticipated to drive the growth of this market.

Paints And Coatings Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

7.5%

Largest Market

Asia-Pacific

Fastest Growing Market

North-America

Paints And Coatings Market Dynamics

Drivers

There exist certain drivers of the paint and coatings industry. Expansion in the construction and automotive sectors is one of the major drivers because both of these sectors require high-performance coatings as far as durability and appearance are concerned. Urbanization and infrastructure growth are propelling the demand for architectural coatings, whereas expansion in the automotive business is driven by innovation in decorative and protective coatings. Increasing green and low-VOC laws are compelling the movement towards greener and lower VOC systems, and that's compelling innovation in waterborne finishes and powder finishes. New technologies such as nanotechnology and smart coatings are also enhancing product performance with characteristics such as self-cleaning, corrosion-resistant, and antibacterial. Increasing demand from aerospace, marine, and electronics industries for industrial finishes is also compelling market growth.

Restraints

The paint and coatings industry is impacted by a variety of factors that are limiting in character, including the volatility of raw material prices, strict environmental regulations, and manufacturing's capital intensity. Price volatility in crude oil and supply chain disturbance impact the availability of solvents and resins as critical materials, and the cost of manufacturing is increased. Regulatory constraints on volatile organic compounds (VOCs) are forcing the companies to make investment in green formulation that is bound to be costly and technologically demanding. The industry is facing stringent competition as well, and there is a constant requirement of innovation to match the requirements of sustainability and demands. Economic instability and lackluster construction in certain geographies also limit growth prospects.

Opportunities

The coatings and paints industry has vast scope for growth and expansion. The growing need for environmentally friendly and low-VOC coatings is forcing green formulation forms such as powder coatings and waterborne coatings to be developed. Smart coatings with self-healing, antimicrobial, and anti-corrosion functionalities are finding growing use in the aerospace, healthcare, and automobile industries. Developing markets, especially Asia-Pacific and Latin America, are highly promising as a result of bursting urbanization and infrastructure creation. Moreover, the nanotechnology revolution is opening up new prospects for the feasibility of high-performance coatings with improved functionality and durability. Increased use of digital technologies for color matching and customization is also opening up new business prospects for manufacturers.

Trends

The coatings and paints industry is changing with certain key trends. Consumer and environmental legislation is creating increasing demand for low-VOC, environmentally friendly paints and coatings. Powdered coatings and water-based coatings are gaining popularity as sustainable substitutes for solvent-based products. Intelligent coatings with anti-corrosive, self-healing, and antimicrobial functions are being employed more in the automotive, aerospace, and healthcare industries. Nanotechnology advancements are assisting in the development of high-performance coatings with increased functionality and endurance. The Asia-Pacific region is expanding rapidly as a result of urbanization, infrastructure, and increased investment towards development growth. Moreover, technology for digital color matching and personalization is also developing new business prospects for the companies.

Paints And Coatings Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market Size in 2024

US$ 227.8 billion

Market Size in 2031

US$ 377.9 billion

Market CAGR

7.5%

By Resin

  • Epoxy
  • Acrylic
  • Polyester
  • Alkyd
  • Polyurethane (PU)
  • Others

By Product Type

  • Waterborne
  • Solvent Borne
  • Powder Coating
  • UV Coatings
  • Others

By Application

  • Architectural
  • Automotive OEM
  • Marine
  • Coil
  • General Industries
  • Protective Coatings
  • Automotive Refinish

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Analyst Review

According to PBI Analyst, the market is seeing steady growth, driven by increasing demand in the automotive, construction, and industrial markets. The movement towards greener chemistries, like powder and waterborne coatings, is changing industry patterns as firms concentrate on sustainability and compliance. Technological advancements, such as nanotechnology and smart coatings, are enhancing product performance, offering self-healing, anti-corrosion, and antimicrobial properties. Despite strong market expansion, challenges such as fluctuating raw material prices, supply chain disruptions, and stringent environmental regulations persist. The volatility in crude oil prices affects the availability of key ingredients like resins and solvents, leading to higher production costs.

Further, competition among manufacturers requires that they innovate continually to match shifting consumer preferences and eco-friendliness. Opportunities for market growth are abundant in emerging markets, particularly in the Asia-Pacific and Latin America regions, fueled by urbanization and infrastructure. Utilization of digital solutions for color matching and customization is also creating new business opportunities for manufacturers. With the market changing, strategic research and development spending will be crucial in maintaining ongoing competitive advantage and resolving market concerns.

Key Features of the Report

  • The paints and coatings market report provides granular level information about the market size, regional market share, historic market (2020-2024), and forecast (2025-2031)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and startup details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis

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Frequently Asked Questions

The paints and coatings market size was valued at US$ 227.8 billion in 2024 and is projected to grow at a CAGR of 7.5% from 2025 to 2031.

The growing demand for antimicrobial coatings, smart coatings with self-healing properties, and bio-based formulations presents new opportunities. Additionally, the expansion of infrastructure projects in emerging markets is fueling demand for high-performance coatings.

North-America is the fastest-growing region for the market

Jotun, The Sherwin-Williams Company, Axalta Coating Systems, PPG Industries, Inc., RPM INTERNATIONAL, INC., BASF SE, Henkel AG & Company, KGaA, Contego International Inc., Hempel A/S, No-Burn Inc., Nullifire, 3M, Albi Protective Coatings, Akzo Nobel N.V.

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Paints And Coatings Market Introduction 
2.1.Global Paints And Coatings Market  - Taxonomy
2.2.Global Paints And Coatings Market  - Definitions
2.2.1.Resin
2.2.2.Product Type
2.2.3.Application
2.2.4.Region
3.Global Paints And Coatings Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Paints And Coatings Market Analysis, 2020 - 2024 and Forecast 2025 - 2031
4.1.  Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Paints And Coatings Market  By Resin, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
5.1. Epoxy
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Acrylic
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Polyester
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Alkyd
5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Polyurethane (PU)
5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Others
5.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
6.Global Paints And Coatings Market  By Product Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
6.1. Waterborne
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Solvent Borne
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Powder Coating
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. UV Coatings
6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Others
6.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7.Global Paints And Coatings Market  By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
7.1. Architectural
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Automotive OEM
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Marine
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Coil
7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. General Industries
7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Protective Coatings
7.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
7.7. Automotive Refinish
7.7.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.7.3. Market Opportunity Analysis 
8.Global Paints And Coatings Market  By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Paints And Coatings Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
9.1. Resin Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Epoxy
9.1.2.Acrylic
9.1.3.Polyester
9.1.4.Alkyd
9.1.5.Polyurethane (PU)
9.1.6.Others
9.2.  Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Waterborne
9.2.2.Solvent Borne
9.2.3.Powder Coating
9.2.4.UV Coatings
9.2.5.Others
9.3.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Architectural
9.3.2.Automotive OEM
9.3.3.Marine
9.3.4.Coil
9.3.5.General Industries
9.3.6.Protective Coatings
9.3.7.Automotive Refinish
9.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Paints And Coatings Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
10.1. Resin Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Epoxy
10.1.2.Acrylic
10.1.3.Polyester
10.1.4.Alkyd
10.1.5.Polyurethane (PU)
10.1.6.Others
10.2.  Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Waterborne
10.2.2.Solvent Borne
10.2.3.Powder Coating
10.2.4.UV Coatings
10.2.5.Others
10.3.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Architectural
10.3.2.Automotive OEM
10.3.3.Marine
10.3.4.Coil
10.3.5.General Industries
10.3.6.Protective Coatings
10.3.7.Automotive Refinish
10.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Paints And Coatings Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
11.1. Resin Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Epoxy
11.1.2.Acrylic
11.1.3.Polyester
11.1.4.Alkyd
11.1.5.Polyurethane (PU)
11.1.6.Others
11.2.  Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Waterborne
11.2.2.Solvent Borne
11.2.3.Powder Coating
11.2.4.UV Coatings
11.2.5.Others
11.3.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Architectural
11.3.2.Automotive OEM
11.3.3.Marine
11.3.4.Coil
11.3.5.General Industries
11.3.6.Protective Coatings
11.3.7.Automotive Refinish
11.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Paints And Coatings Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
12.1. Resin Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Epoxy
12.1.2.Acrylic
12.1.3.Polyester
12.1.4.Alkyd
12.1.5.Polyurethane (PU)
12.1.6.Others
12.2.  Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Waterborne
12.2.2.Solvent Borne
12.2.3.Powder Coating
12.2.4.UV Coatings
12.2.5.Others
12.3.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Architectural
12.3.2.Automotive OEM
12.3.3.Marine
12.3.4.Coil
12.3.5.General Industries
12.3.6.Protective Coatings
12.3.7.Automotive Refinish
12.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Paints And Coatings Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
13.1. Resin Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Epoxy
13.1.2.Acrylic
13.1.3.Polyester
13.1.4.Alkyd
13.1.5.Polyurethane (PU)
13.1.6.Others
13.2.  Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Waterborne
13.2.2.Solvent Borne
13.2.3.Powder Coating
13.2.4.UV Coatings
13.2.5.Others
13.3.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Architectural
13.3.2.Automotive OEM
13.3.3.Marine
13.3.4.Coil
13.3.5.General Industries
13.3.6.Protective Coatings
13.3.7.Automotive Refinish
13.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Jotun
14.2.2.The Sherwin-Williams Company
14.2.3.Axalta Coating Systems
14.2.4.PPG Industries, Inc.
14.2.5.RPM International, Inc.
14.2.6.BASF SE
14.2.7.Henkel AG & Company, KGaA
14.2.8.Contego International Inc.
14.2.9.Hempel A/S
14.2.10.No-Burn Inc.
14.2.11.Nullifire
14.2.12.3M
14.2.13.Albi Protective Coatings
14.2.14.Akzo Nobel N.V.
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Jotun
  • The Sherwin-Williams Company
  • Axalta Coating Systems
  • PPG Industries, Inc.
  • RPM International, Inc.
  • BASF SE
  • Henkel AG & Company, KGaA
  • Contego International Inc.
  • Hempel A/S
  • No-Burn Inc.
  • Nullifire
  • 3M
  • Albi Protective Coatings
  • Akzo Nobel N.V.

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