Global Advanced Technologies for Paints and Coatings Market 2018 Analysis, Segmentation, Competitors Analysis, Product Research, Trends and Forecast by 2025

The market for coatings and paints includes liquid-based and powder-based paints, varnishes and related products used in the architectural and decorative, industrial and specialty product segments. Interior and exterior paints, primers, sealers and varnishes used in homes and buildings are part of the architectural and decorative segment. Products that are factory-applied to manufactured goods as part of the production process form part of the industrial products segment. Aerosol paints, marine paints, high-performance maintenance coatings and automotive refinishing paints form the specialty products segment. Market value is calculated according to end-user prices. Any currency conversions  used in the creation of this report have been calculated using constant annual average exchange rates.

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There is a major shift in the production of global paints and coatings, which is moving away from the developed regions, such as Europe and the U.S., to the developing economies, such as China and India. Continued increasing demand from the developed countries in addition to the demand from the developing countries is contributing to the overall expansion of the worldwide coatings market.

Industrial growth in developing economies is a major driver for growth in the coatings industry. In most regions of the world, the coatings industry is mature and the growth of the coatings industry is dependent on a number of factors, including the level of economic activity and the state of the construction industry, which remains a major consumer of paints and coatings.

The market for paints and coatings has been on the increase in various applications and this has boosted the total market in various regions. Additionally, the market for solvent-borne paints and coatings is not going down as it was anticipated and this has added to the increase in the total market value of paints and coatings.

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The following summary table and figure illustrate the global market for various technologies involved in the manufacture of paints and coatings. Growth is the highest in the powder coating and emerging technologies segment, as new technologies are being developed by major manufacturers, with an everincreasing pressure from regulatory authorities in regard to pollution control and other environmental factors.

Powder coating technology is being adapted in a big way in all fields of application. The market for coatings manufactured with solvent-borne technologies is slowly diminishing and being taken over by coatings based on waterborne technologies, basically because of their environmentally friendly properties. This transition away from solvent-borne coatings is occurring in the North American and European markets, whereas solvent-borne coatings are still being widely used in developing countries because of cost factors. High-solids and radiation-cured technologies are experiencing reasonably good growth as these technologies are considered to be less polluting than solvent-borne technology. BCC Research’s market forecasts for solvent-borne coatings have been reduced somewhat from those in the prior version of this report, based on these ongoing changes in the market.

Report Scope:

The report has been prepared in a simple format that can be easily understood with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions. Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

Report Includes:

– 82 data tables

– An overview of the global market for paints and coatings, related technologies, and coating products, such as solvent-borne formulations, varnishes, enamels, lacquers, and water-based systems

– Analyses of global market trends, with data for 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023

– A look at the increased demand for coatings driven by customers’ expectations in diverse areas such as performance, ease of application, sustainability, quality, functionality, and environmental properties

– Identifications of new market opportunities and targeted promotional plans for paints and coatings

– Discussion of research and development, as well as the demand for new products and new applications

– Details covering new developments taking place in the industry with respect to continuous improvements in environmental performance

– Examination of the role paints and coatings play in providing color and protection

– Company profiles of major players in the market, including 3M, AkzoNobel, Buhler Group, Clariant AG, Dow Corning Corp., and Kansai Paint Co. Ltd.

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Companies Mentioned:

3M

AB WILH. BECKER

ACE HARDWARE CORP.

AKZONOBEL NV

ALBERDINGK BOLEY GMBH

ARCH CHEMICALS INC.

ASAHIPEN CORP.

ASIAN PAINTS LTD.

ATOMIX CO. LTD.

AXALTA COATING SYSTEMS LLC

BASF COATINGS GMBH

BEHR PROCESS CORP.

BERGER PAINTS INDIA LTD.

BETEK BOYA SAN. VE TIC. AS

BIO-GATE AG

BOERO GROUP

BOYSEN PAINTS

BRILLUX GMBH & CO. KG

BUHLER GROUP (NANOTECHNOLOGY)

BURKE INDUSTRIAL COATINGS

C.I.M. INDUSTRIES INC.

CALIFORNIA PRODUCTS CORP.

…Continued

 

Table of Contents

Chapter 1 Introduction

Overview

Study Goals and Objectives

Reasons for Doing This Study

Intended Audience

Scope and Format

Information Sources

Methodology

Geographic Breakdown

Analyst’s Credentials

BCC Custom Research

Related Reports

Chapter 2 Summary and Highlights

Summary

Chapter 3 Market and Technology Background

Definition of the Industry

Industry Concepts

Importance of the Industry

Composition of Paints

Solvents

Binders

Pigments

Additives

Paint and Coating Technologies

Solvent-borne Coatings

Waterborne Coatings

High-Solids Coatings

Powder Coatings

Radiation-Cured Coatings

Emerging Coating Technologies

Classification of Coatings Based on End Use

Architectural and Decorative Paints and Coatings

Industrial Paints and Coatings

Special-Purpose Paints and Coatings

Life-Cycle Assessment

Life-Cycle Cost

Technology Life Cycle

History of Paints and Coatings

History of Powder Coatings

Government Regulations

European Union Regulations

Regulations in the U.S.

Pollution Prevention in Coating-Application Processes

Chapter 4 Market Breakdown by Technology Type

Overview

Types of Painting and Coating Technologies

Global Market for Paint and Coating Technologies by Region

Regional Markets for Paint and Coating Technologies

Paint and Coatings Market by Technology Type

Global Market for Solvent-borne Paints and Coatings

Global Market for Waterborne Paints and Coatings

Global Market for High-Solids Paints and Coatings

Global Market for Powder Coating Technology

Global Market for Radiation-Cured Coatings

Global Market for Emerging Coating Technologies

Chapter 5 Market Breakdown by End-Use Segment

Paint and Coating End-Use Segments

Global Market for Paints and Coatings by End-Use Segment

Regional Markets for Paint and Coating End-Use Segments

Global Market for Architectural and Decorative Paints and Coatings

Global Market for Industrial Paints and Coatings

Global Market for Special-Purpose Paints and Coatings

Chapter 6 Market Breakdown by Application

Coating Technologies

Global Market for Solvent-borne Paints and Coatings, by Application

Regional Markets for Solvent-borne Paints and Coatings by Application

Global Market for Waterborne Paints and Coatings by Application

Regional Markets for Waterborne Paints and Coatings

Global Market for High-Solids Paints and Coatings, by Application

Regional Markets for High-Solids Paints and Coatings

Global Market for Powder Coatings, by Application

Regional Markets for Powder-Coating Technology

Global Market for Applications of Radiation-Cured Coatings

Regional Markets for Applications of Radiation-Cured Coatings

Global Market for Emerging Coating Technologies

Global Market for Applications of Other Emerging Coating Technologies

Regional Markets for Other Emerging Coating Technologies

Chapter 7 Patent Review/ New Developments

Patent Analysis

New Developments in Paints and Coatings

Ohio State University Develops “Smart Paint” to Help the Blind

University of Cambridge Aims to Grow Paint from Bacteria

Akzo Nobel Develops Antifouling Solution

German Laboratory Develops Fossil Fuel-Free Primer

Self-Healing Coating Inspired by Skin

Antifouling Coatings Inspired by Carnivorous Plants

Potato Starch as a Key Component in New Coating Binder

U.K. Firm Develops Wear-Resistant Coating

Kiel University Researchers Develop Antifouling Technology

New Floor Coatings Developed for Quick Cure

Ultraviolet Absorbers Made for Coatings

Iron Oxides Developed for Coating Formulation

New Intumescents Coatings Made for Commercial, Industrial Use

Two New Coating Epoxies Made for Potable Water

Singapore University Develops New Fire-Resistive Coating

Coating Developed for Rail Car Protection

Zinc Primer Developed for Corrosion Protection

New Coating Developed for Extruded Aluminum

New Coating Developed Cools When Exposed to Sunlight

Cement Developed for High-Performance Floors

Electrically Conductive Coatings Developed for EMI Shielding

Antifouling Coating Developed for Vessels

New Coating System Developed to Protect Garage Doors

Alkyd Coatings Developed for the Industrial Sector

Epoxy Primers Developed for Anti-corrosion

Coating Developed for Paint Booth Protection

Nonslip Coating Developed for Industrial Environments

Lubricious Coating Developed for Surface Protection

Polyurea Product Developed for Multiple Industries

Water-Based Urethane Floor Coating Developed

NanoLab Inc. Develops New Nanotube Paint

Anti-slip Epoxy Line Heavy Duty Product Developed

Epoxy Developed for Pipeline Applications

Fast-Dry Epoxy Developed for the Industrial Sector

Direct to Metal Coatings Developed for Faster Turnaround

Chromate-Free Airplane Primer Developed

Clear Coat Developed for Commercial Transportation

Alkyd Primer Developed for Onboard Maintenance

Epoxy Developed for Aerospace Applications

Epoxy Siloxane Developed for Gloss, Protection

Epoxy Primers Developed for Heavy Equipment

Princeton University Laboratory Develops Bacteria-Fighting Coating

Coating Developed to Encapsulate Joints

Offshore Coatings Developed for Maintenance

Korean Institutes Develop Paint that Converts Solar Heat to Electricity

German Institute Develops Antifouling Coating for Heat Exchangers

New Primer Developed for Heavy Equipment

Coatings Developed for Steel/Metal Surfaces for Protection and Efficiency

New Product in Antifouling Developed

High-Temp Protection Coating Developed

Ceramic Coating Developed for High Temperatures

Nanotech Firm Develops Coatings for Metals

Powder Coating Developed to Reduce Friction

Floor Coating Developed to Resist Impacts

Impregnating Sealer Developed for Corrosion Protection

Slippery Coating Developed to Aid Industrial Manufacturers

New Eco-friendly Protective Coating Developed for Chemical Resistance

New Submarine Coating Developed to Distort Sonar

Epoxy Primer Developed to Inhibit Moisture Vapor from Concrete Slabs

Anticorrosion Coating Developed for Salt Spray Resistance

Rain-Resistant Rotor Coating Developed for Wind Turbine Blades

Abrasion-Resistant Coating Developed for Cargo Holds of Dry Bulk Carriers

Two-Component Epoxy Coating Developed for the Offshore Industry

Paints and Coatings Developed for Building Exteriors

Epoxy Coating Developed for Potable Water Immersion

Primer Developed for Corrosion Prevention

Chapter 8 Industry Dynamics

Overview

Key Drivers of the Global Paint and Coatings Industry

Development of the Paint and Coatings Industry

Entry or Exit Barriers

Supply Chain

Buyers

Distribution Channels

Suppliers

Influence of Environmental Regulations

Economies of Scale

Mergers and Acquisitions in the Paint and Coatings Industry

Revenues of Major Paint and Coating Companies

Chapter 9 Company Profiles

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