Paint is any colored liquid which on drying, form a thin surface coat and has specific functions perform. Paints are used to protect metals, timber, or plastered surfaces from the corrosive effects of weather, heat, moisture or gases etc.
Varnishes are more or less transparent liquids which are used to provide a protective surface coating in much the same way as paints do” At the same time they allow the original surface to show but add a lustrous and glossy finish to it.
This report contains market size and forecasts of Paints and Varnishes in global, including the following market information:
Global Paints and Varnishes Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Paints and Varnishes Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Paints and Varnishes companies in 2021 (%)
The global Paints and Varnishes market was valued at 111810 million in 2021 and is projected to reach US$ 110320 million by 2028, at a CAGR of -0.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Water Based Paints Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Paints and Varnishes include Jotun, Hempel, National Paints, Al-Jazeera, Akzo Nobel, Sigma (PPG), Raghagan, Berger and RPM, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Paints and Varnishes manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Paints and Varnishes Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Paints and Varnishes Market Segment Percentages, by Type, 2021 (%)
Water Based Paints
Solvent Based Paints and Varnish
Others
Global Paints and Varnishes Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Paints and Varnishes Market Segment Percentages, by Application, 2021 (%)
Construction
Automotive
Marine
Home Appliances
Others
Global Paints and Varnishes Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Paints and Varnishes Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Paints and Varnishes revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Paints and Varnishes revenues share in global market, 2021 (%)
Key companies Paints and Varnishes sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Paints and Varnishes sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Jotun
Hempel
National Paints
Al-Jazeera
Akzo Nobel
Sigma (PPG)
Raghagan
Berger
RPM
Oasis Amercoat
Sherwin-Williams
BASF
Rose Paint
Axaltas (DuPont)
Paintco
Caparol (DAW)
Ocean Paints