Paints & Coatings in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The paints & coatings market includes liquid and powder-based paints, varnishes, and related products used for protective, decorative, industrial, and specialty purposes. The market scope excludes inks, thinners, and raw materials, such as pigments and solvents.
- The Asia-Pacific paints & coatings market had total revenues of $81.22 billion in 2023, representing a compound annual growth rate (CAGR) of 4.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 4.7% between 2018 and 2023, to reach a total of 29.23 billion liters in 2023.
- The growth in the Asia-Pacific paints & coatings market is influenced by several macroeconomic factors, such as rising GDP and growing business confidence. For instance, according to the Organisation for Economic Co-operation and Development (OECD), the business confidence index in China reached 99.4 in February 2023, up from 97.01 in November 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the paints & coatings market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the paints & coatings market in Asia-Pacific
- Leading company profiles reveal details of key paints & coatings market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific paints & coatings market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Asia-Pacific paints & coatings market by value in 2023?
- What will be the size of the Asia-Pacific paints & coatings market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific paints & coatings market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's paints & coatings market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akzo Nobel N.V.
- Chugoku Marine Paints Ltd
- Kansai Paint Co Ltd
- The Sherwin-Williams Company
- PPG Industries, Inc.