Mercado mundial de pinturas y recubrimientos: tendencias de la industria y pronóstico hasta 2031

Análisis y tamaño del mercado de pinturas y recubrimientos

Los avances tecnológicos en el mercado de pinturas y revestimientos han revolucionado las fórmulas de los productos, mejorando la durabilidad, el respeto al medio ambiente y la intensidad del color. Estas innovaciones han dado lugar a una mayor eficiencia de aplicación y a una reducción del impacto medioambiental. Los beneficios incluyen una vida útil prolongada de las superficies revestidas, una estética mejorada y soluciones de mantenimiento rentables, que impulsan el crecimiento y la satisfacción en diversas industrias.

Data Bridge Market Research analiza que el tamaño del mercado global de pinturas y recubrimientos se valoró en USD 199.05 mil millones en 2023, y se proyecta que alcance los USD 272.63 mil millones para 2031, con una CAGR del 4.01% durante el período de pronóstico de 2024 a 2031. Además de los conocimientos sobre escenarios de mercado como el valor de mercado, la tasa de crecimiento, la segmentación, la cobertura geográfica y los principales actores, los informes de mercado seleccionados por Data Bridge Market Research también incluyen un análisis experto en profundidad, producción y capacidad por empresa representada geográficamente, diseños de red de distribuidores y socios, análisis detallado y actualizado de tendencias de precios y análisis deficitario de la cadena de suministro y la demanda.

Alcance del informe y segmentación del mercado

Market Definition

Paints and coatings are versatile substances applied to surfaces for protection, decoration, or function. They consist of pigments, binders, solvents, and additives. These materials form a protective layer against corrosion, weathering, and abrasion while enhancing the aesthetic appeal of various objects, from buildings and vehicles to furniture and machinery.

Paints and Coatings Market Dynamics

Drivers

• Growing Construction Industry

The growing construction sector propels demand for paints and coatings, notably in emerging markets. With heightened construction endeavors spanning residential, commercial, and industrial domains, these products are essential for surface protection and aesthetic enhancement. They reflect the paints and coatings industry's robust growth trajectory and its pivotal role in driving the market growth.

For instance, according to the World Bank, China aims to construct 250 million square meters of residential space annually until 2025 to accommodate urban growth. India plans to build 80 million affordable homes by 2023, which will boost paint and coating usage.

• Growing Trend of Renovation and Remodelling Activities

Renovation and remodeling projects in residential and commercial sectors fuel the steady demand for paints and coatings. As consumers seek to update and rejuvenate their spaces, the demand for high-quality paint products remains essential for modernization efforts. This sustained demand drives growth in the paints and coatings market, supporting a dynamic industry landscape.

Opportunities

• Advancement in Technology

Technological advancements in paint and coating formulations, including low-VOC options, eco-friendly coatings, and self-healing capabilities, propel market growth by enhancing performance, durability, and environmental sustainability. These innovations cater to consumer demand for safer, more efficient products while creating opportunities for the industry's evolution towards more sustainable practices and solutions.

For instance, according to the 2022 United Nations Environment Program report, powder coatings constitute more than 30% of the coating demand in the European automotive sector, reflecting their growing preference and adoption.

• Emergence of Smart Coatings

Advancements in nanotechnology and materials science have fueled the emergence of smart coatings, offering functionalities such as self-cleaning, anti-microbial, anti-corrosion, and temperature regulation. These innovations present lucrative market opportunities across diverse industries, promising enhanced performance and durability while addressing evolving consumer demands and environmental concerns.

 Restraints/Challenges

• Raw Material Price Volatility

Raw material price volatility, affecting resins, pigments, solvents, and additives, directly impacts production costs, squeezing manufacturers' profit margins. This unpredictability poses challenges in pricing for consumers as manufacturers struggle to anticipate and stabilize costs, potentially leading to fluctuating prices and reduced profitability in the paints and coatings market.

• Supply Chain Disruptions

Natural disasters, conflicts, trade disputes, or pandemics can disrupt supply chains, leading to raw material shortages, transport delays, and increased costs, impacting businesses and global economies. Robust supply chain management is vital for ensuring operational continuity amidst such challenges, emphasizing the need for proactive strategies to mitigate risks and maintain seamless operations in the paints and coatings industry.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In December 2022, Akzo Nobel N.V. finalized the acquisition of Lankwitzer Lackfabrik's aluminum wheel liquid coatings business, bolstering its global presence in the Paints and coatings market, consistent with its strategy of portfolio expansion and market position reinforcement
• In November 2022, Sherwin-Williams Company acquired Oskar Nolte GmbH and Klumpp Coatings GmbH, aligning with its strategic objectives of portfolio diversification and market stronghold in the paints and coatings industry on a global scale
• In July 2021, In a renewal of collaboration, AkzoNobel N.V. extended its partnership with Mercedes-Benz for four years, affirming its provision of vehicle refinish products and services in China and Indonesia, emphasizing automotive and specialty coatings
• In March 2021, Qlayers introduced a groundbreaking coating technology, offering fully automated, safer, and faster solutions than conventional methods. This cost-effective innovation ensures uniform application, eliminates overspray and provides long-term protection against corrosion and other coating needs

Paints and Coatings Market Scope

The market is segmented on the basis of resin type, technology, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Resin Type

• Acrylic
• Epoxy Resin
• Alkyd
• Polyurethane
• Polyester
• Others

 Technology

• Water-Based Technology
• Solvent-Based Technology
• High Solids
• Powder Coating
• Others

Application

• Architectural Application
• Industrial Application

Paints and Coatings Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by resin type, technology, and application as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa , Brazil, Argentina, and Rest of South America.

Asia-Pacific is poised to lead the paints and coatings market, commanding substantial market share and revenue throughout the forecast period. This dominance stems from heightened construction endeavors and increasing automotive sector demands, notably in China, India, Japan, and Southeast Asia, fostering robust growth within the region.

Europe is estimated to show lucrative growth in the paints and coatings market over the forecast period, driven by the expansion of the construction sector in various regional countries. This surge in construction activities demands enhanced coatings for protection and aesthetics, fueling market expansion and innovation.

La sección de países del informe también proporciona factores de impacto de mercado individuales y cambios en la regulación en el mercado a nivel nacional que afectan las tendencias actuales y futuras del mercado. Puntos de datos como análisis de la cadena de valor aguas abajo y aguas arriba, tendencias técnicas y análisis de las cinco fuerzas de Porter, estudios de casos son algunos de los indicadores utilizados para pronosticar el escenario del mercado para países individuales. Además, la presencia y disponibilidad de marcas globales y sus desafíos enfrentados debido a la competencia grande o escasa de las marcas locales y nacionales, el impacto de los aranceles nacionales y las rutas comerciales se consideran al proporcionar un análisis de pronóstico de los datos del país.   

Análisis del panorama competitivo y de la cuota de mercado de pinturas y recubrimientos

El panorama competitivo del mercado proporciona detalles por competidor. Los detalles incluidos son una descripción general de la empresa, las finanzas de la empresa, los ingresos generados, el potencial de mercado, la inversión en investigación y desarrollo, las nuevas iniciativas de mercado, la presencia global, los sitios e instalaciones de producción, las capacidades de producción, las fortalezas y debilidades de la empresa, el lanzamiento de productos, la amplitud y variedad de productos, y el dominio de las aplicaciones. Los puntos de datos anteriores proporcionados solo están relacionados con el enfoque de las empresas en relación con el mercado.

Algunos de los principales actores que operan en el mercado de pinturas y recubrimientos son:

• Akzo Nobel NV (Países Bajos)
•  PPG Industries Inc., (Estados Unidos)
•  La empresa Sherwin-Williams (Estados Unidos)
•  RPM International Inc., (Estados Unidos)
•  GRUPO NIPSEA (Japón)
• Arkema (Francia)
•  Corporación Cardolite (Estados Unidos)
•  BASF SE (Alemania)
•  Evonik Industries AG (Alemania)
•  Reichhold LLC 2 (Estados Unidos)
• DSM (Países Bajos)
•  Qualipoly Chemical Corp. (Taiwán)
•  Arakawa Chemical Industries, Ltd. (Japón)
•  Alberdingk Boley (Estados Unidos)
•   Eternal Materials Co., Ltd. (Taiwán)
•  Wacker Chemie AG (Japón)
• CORPORACIÓN DIC (Japón)

SKU-12553