Global Coatings Market Report: 2008 Edition

Global Coatings Market Report: 2008 Edition published by Koncept Analytics in August, 2008. This report consists of 35 pages and the price starts from US $ 900.

Introduction

Abstract

The paint and coatings industry is going through a phase of acquisitions, while market share is shifting from the major manufacturers based in the US and Europe counties to those based in Asian countries including Japan, Korea, China and India. Markets in Asia and Eastern Europe are showing immense potential for the growth of industrial coatings. The global coating industry is dominated by the North American market. China is the largest consumer of coating additives in Asia, and accounts for around one third of the total market share. The Indian market is dominated by the decorative paint and coatings segment.

Growth in the marine coatings market mainly comes from the developing construction market in new building in the Asia-Pacific region and a high demand for exported goods from the region. Another important market is that of automotive coatings which is due to an increase in new car sales in Europe and growth in car manufacturing in China.

The industry is dealing with several issues, a major one of them is the unprecedented escalation in the price of oil, natural gas and raw materials, which is having a significant impact on the marine coating industry.

The report presents an analysis of the worldwide coatings market with an overview of the major markets and their respective segments. It also focuses on major growth factors driving the market and key issues affecting it. It discusses the current industry trends. The report also profiles the major competitors in the market and outlook of the paint and coating industry.

Key Findings

• Worldwide coatings market has grown by about 5% from US$68 billion in 2005 to US$71.7 billion in 2007.
• Automotive refinish coating is the largest sub-segment of special purpose coating, with a value of US$2.312 billion in 2006.
• During 2006-07, North America auto OEM coating market was valued at US$2.65 billion with an AGR of 0.6%. Western Europe was valued at US$2.5 billion and showed 2.5% growth. Japan is the third largest market with a market value of US$ 2.15 billion and fastest growth rate of 3.7%.
• The Asian paints and coating market is growing with a rapid pace. The market earned revenues of US$26.10 billion in 2006 and is estimated to reach US$29.15 billion in 2008.
• The Indian paint industry has been growing at an average rate of 13% over the last five years. However, the per capita paint consumption in India is only 1.2-1.4 liters. The industry is less than half the size of the Chinese market by volume and about one fifth of the U.S. market by volume.
• The Chinese market is expected to grow 63% to US$12 billion by 2010, a rate that exceeds 12% per year. Architectural coatings will be the fastest growing area.

Table of Contents

• 1. Paint and Coating Industry Overview
• 2. Global Coatings and Paints Market
  • 2.1 Industrial Coatings
  • 2.2 OEM Coatings
  • 2.3 Marine Coatings
  • 2.4 Special Purpose Coatings
• 3. North America Paint and Coating Industry
  • 3.1 United States
  • 3.2 Canada
• 4. Asia-Pacific
  • 4.1 Asian Additives Market
  • 4.2 India
• 5. Industry Trends
  • 5.1 Trend of Premium Products in India
  • 5.2 Paint Makers Continue to Invest in China
  • 5.3 Sustainable Powder Coating Technology
  • 5.4 In-mold Plastic Coatings - Demand in Automotive Sector
  • 5.5 Marine Coatings - Opportunity in China
• 6. Issues
  • 6.1 Rising Prices of Oil, Gas and Copper
  • 6.2 Expansive Workforce in North America
  • 6.3 Environmental Impact and Regulations
• 7. Growth Drivers
  • 7.1 Increase in New Car Sales in Europe
  • 7.2 Automotive Industry Driving Indian Paints Industry
  • 7.3 Mobile Phones and Automotive Driving Chinese Coating Market
• 8. Competitive Landscape
• 9. Company Profiles
  • 9.1 Akzo Nobel N.V
  • 9.2 PPG Industries
  • 9.3 Shervin Williams
• 10. Market Outlook

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