PUBLISHER: Persistence Market Research | PRODUCT CODE: 1469255
PUBLISHER: Persistence Market Research | PRODUCT CODE: 1469255
CIS Paints and Coatings Market by Product Type, End-Use, and Country-wise Insights: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2032
Persistence Market Research recently conducted an in-depth analysis of the CIS Paints and Coatings Market, resulting in a comprehensive report that delves extensively into its global landscape. This detailed publication provides valuable insights into the market's dynamics, trends, opportunities, and challenges, offering a thorough overview of its structure. With the support of exclusive data and statistics, the research predicts the anticipated growth trajectory of the CIS Paints and Coatings Market spanning from 2024 to 2032.
In 2024, CIS paint and coatings consumption was US$8.96 billion. Forecasting a 4.1% CAGR, the market is expected to reach $12.39 billion by 2032, with Russia leading the region.
Key Insights:
- CIS Paints and Coatings Market Size (2024A): US$ 8.96 Bn
- Projected Year Value (2032F): US$ 12.39 Bn
- Value CAGR (2024-2032): 4.1%
CIS Paints and Coatings Market - Report Scope
Paints and coatings play a vital role in protecting surfaces while enhancing their aesthetic appeal. In the CIS region, these products are integral to various industries, including construction, automotive, and manufacturing. This report examines the scope of the CIS paints and coatings market, focusing on its dynamics, trends, and future prospects.
Market Growth Drivers
The CIS paints and coatings market is propelled by several factors, including the region's robust industrial sector and increasing infrastructural development. With growing urbanization and construction activities, there is a rising demand for paints and coatings for both residential and commercial projects. Additionally, the automotive industry's expansion contributes significantly to market growth, driving the demand for specialized coatings for vehicles.
Market Restraints
Despite the market's growth potential, challenges such as volatile raw material prices and regulatory complexities pose constraints. Fluctuations in raw material costs impact profit margins for manufacturers, necessitating effective cost management strategies. Moreover, compliance with stringent environmental regulations adds to the operational challenges faced by industry players.
Opportunities
The CIS paints and coatings market presents opportunities for innovation and diversification. Manufacturers can capitalize on growing consumer preferences for eco-friendly and sustainable products by investing in research and development of environmentally responsible formulations. Furthermore, expanding into emerging markets within the CIS region offers avenues for market expansion and growth.
Key Questions Answered in Report::
- What is the current size and projected growth of the CIS paints and coatings market?
- What are the primary drivers fueling market growth in the CIS region?
- What challenges are hindering the expansion of the paints and coatings market in the CIS region?
- What opportunities exist for manufacturers and stakeholders in this market?
- How are regulatory frameworks and environmental considerations impacting the paints and coatings industry in the CIS region?
Competitive Intelligence and Business Strategy
Key paint and coating suppliers in the CIS region are expanding production capacities, investing in R&D, and entering emerging markets. Notable developments include Akzo Nobel's investment in Qlayers for automated coating solutions and its acquisition of Titan Paints to strengthen its regional presence. For more details, refer to the full report by Persistence Market Research.
Key Companies Profiled
- Henkel Group
- Akzo Nobel NV
- Kansai Paint Co., Ltd
- Jotun Group
- Hempel A/S
- DAW SE
- Fosroc
- Russian Coatings
- Belzona International Ltd
- Steuler-KCH GmbH
CIS Paints and Coatings Market Segmentation:
CIS Paints and Coatings Market by Technology:
- Architectural
oPure Acrylic
oStyrene Acrylic
oVinyl Acrylic
oPolyester
oAlkyd
oEpoxy
oPolyurethane
oOthers
- Industrial
oPure Acrylic
oStyrene Acrylic
oVinyl Acrylic
oPolyester
oAlkyd
oEpoxy
oPolyurethane
oOthers
CIS Paints and Coatings Market by Base Type:
- Architectural
oWater-Borne
oSolvent-Borne
oPowder Coating
- Industrial
oWater-Borne
oSolvent
oPowder Coating
CIS Paints and Coatings Market by Application:
- Architectural
oInterior
oExterior
- Industrial
oWood
oAutomotive (Refinish/OEM/Others)
oMetal
oGeneral Industrial
oTraffic Paints/Road Markings
oPaper
oProtective Coatings
oOthers
CIS Paints and Coatings Market by Country:
- Russia Paints and Coatings Market
- Kazakhstan Paints and Coatings Market
- Ukraine Paints and Coatings Market
- Belarus Paints and Coatings Market
- Azerbaijan Paints and Coatings Market
- Turkmenistan Paints and Coatings Market
- Rest of CIS Paints and Coatings Market
Table of Contents
1. Executive Summary
- 1.1. CIS Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
- 1.4. Technology Roadmap Analysis
- 1.5. Analysis and Recommendations
2. Market Overview
- 2.1. Market Taxonomy
- 2.2. Market Definition
3. Key Market Trends
- 3.1. Key Trends Impacting the Market
4. Key Success Factors
- 4.1. Product Adoption Analysis
- 4.2. Strategic Promotional Strategies
- 4.3. Technological Innovation
5. CIS Paints and Coatings Market Demand Analysis 2019-2023 and Forecast, 2024-2032
- 5.1. Historical Market Volume (Tons) Analysis, 2019-2023
- 5.2. Current and Future Market Volume (Tons) Projections, 2024-2032
- 5.3. Y-o-Y Growth Trend Analysis
6. Pricing Analysis
- 6.1. Regional Pricing Analysis By Technology
- 6.2. Pricing Break-up
- 6.2.1. Manufacturer Level Pricing
- 6.2.2. Distributor Level Pricing
- 6.2.3. Pricing Mark Up
- 6.3. CIS Average Pricing Analysis Benchmark
7. CIS Paints and Coatings Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2032
- 7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
- 7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2032
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis
8. Market Background
- 8.1. Macro-Economic Factors
- 8.2. Forecast Factors - Relevance & Impact
- 8.3. Value Chain
- 8.3.1. List of Manufacturers
- 8.3.2. List of Suppliers and Distributors
- 8.3.3. Average Margins
- 8.4. Supply Demand Analysis
- 8.5. Key Regulations Overview
- 8.6. Market Dynamics
- 8.6.1. Drivers
- 8.6.2. Restraints
- 8.6.3. Opportunity Analysis
- 8.7. Trade Scenario
- 8.8. Impact of Russian Invasion over Ukraine
- 8.9. Impact of COVID - 19 Crisis
- 8.9.1. Introduction
- 8.9.2. World Economy / Cluster Projections
- 8.9.3. Potential of Impact by Taxonomy
- 8.9.4. Recovery Scenario (Short, Mid and Long term)
- 8.9.5. Key Strategies
9. CIS Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032, By Technology
- 9.1. Introduction
- 9.1.1. Market Value Share Analysis By Technology
- 9.1.2. Y-o-Y Growth Analysis By Technology
- 9.2. Historical Market Size and Volume Analysis By Technology 2019-2023
- 9.3. Market Size and Volume Forecast By Technology 2024-2032
- 9.3.1. Architectural
- 9.3.1.1. Pure Acrylic
- 9.3.1.2. Styrene Acrylic
- 9.3.1.3. Vinyl Acrylic
- 9.3.1.4. Polyester
- 9.3.1.5. Alkyd
- 9.3.1.6. Epoxy
- 9.3.1.7. Polyurethane
- 9.3.1.8. Others
- 9.3.2. Industrial
- 9.3.2.1. Pure Acrylic
- 9.3.2.2. Styrene Acrylic
- 9.3.2.3. Vinyl Acrylic
- 9.3.2.4. Polyester
- 9.3.2.5. Alkyd
- 9.3.2.6. Epoxy
- 9.3.2.7. Polyurethane
- 9.3.2.8. Others
- 9.3.1. Architectural
- 9.4. Market Attractiveness Analysis By Technology
10. CIS Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032, By Base Type
- 10.1. Introduction
- 10.1.1. Market Value Share Analysis By Base Type
- 10.1.2. Y-o-Y Growth Analysis By Base Type
- 10.2. Historical Market Size and Volume Analysis By Base Type 2019-2023
- 10.3. Market Size and Volume Forecast By Base Type 2024-2032
- 10.3.1. Architectural
- 10.3.1.1. Water-Borne
- 10.3.1.2. Solvent-Borne
- 10.3.1.3. Powder Coating
- 10.3.2. Industrial
- 10.3.2.1. Water-Borne
- 10.3.2.2. Solvent
- 10.3.2.3. Powder Coating
- 10.3.1. Architectural
- 10.4. Market Attractiveness Analysis By Base Type
11. CIS Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032, By Application
- 11.1. Introduction
- 11.1.1. Market Value Share Analysis By Application
- 11.1.2. Y-o-Y Growth Analysis By Application
- 11.2. Historical Market Size and Volume Analysis By Application 2019-2023
- 11.3. Market Size and Volume Forecast By Application 2024-2032
- 11.3.1. Architectural
- 11.3.1.1. Interior
- 11.3.1.2. Exterior
- 11.3.2. Industrial
- 11.3.2.1. Wood
- 11.3.2.2. Automotive (Refinish/OEM/Others)
- 11.3.2.3. Metal
- 11.3.2.4. General Industrial
- 11.3.2.5. Traffic Paints/Road Markings
- 11.3.2.6. Paper
- 11.3.2.7. Protective Coatings
- 11.3.2.8. Others
- 11.3.1. Architectural
- 11.4. Market Attractiveness Analysis By Application
12. CIS Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032, By Country
- 12.1. Introduction
- 12.1.1. Market Value Share Analysis By Country
- 12.1.2. Y-o-Y Growth Analysis By Country
- 12.2. Historical Market Size and Volume Analysis By Country 2019-2023
- 12.3. Market Size and Volume Forecast By Country 2024-2032
- 12.3.1. Russia
- 12.3.2. Kazakhstan
- 12.3.3. Ukraine
- 12.3.4. Belarus
- 12.3.5. Azerbaijan
- 12.3.6. Turkmenistan
- 12.3.7. Rest of CIS
- 12.4. Market Attractiveness Analysis By Country
13. Russia Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032
- 13.1. Introduction
- 13.2. Pricing Analysis
- 13.3. Historical Market Size and Volume Analysis By Market Segments, 2019-2023
- 13.4. Market Size and Volume Forecast By Market Segments, 2024-2032
- 13.4.1. By Technology
- 13.4.2. By Base Type
- 13.4.3. By Application
- 13.5. Market Attractiveness Analysis
- 13.5.1. By Technology
- 13.5.2. By Base Type
- 13.5.3. By Application
- 13.6. Market Trends
14. Kazakhstan Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032
- 14.1. Introduction
- 14.2. Pricing Analysis
- 14.3. Historical Market Size and Volume Analysis By Market Segments, 2019-2023
- 14.4. Market Size and Volume Forecast By Market Segments, 2024-2032
- 14.4.1. By Technology
- 14.4.2. By Base Type
- 14.4.3. By Application
- 14.5. Market Attractiveness Analysis
- 14.5.1. By Technology
- 14.5.2. By Base Type
- 14.5.3. By Application
- 14.6. Market Trends
15. Ukraine Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032
- 15.1. Introduction
- 15.2. Pricing Analysis
- 15.3. Historical Market Size and Volume Analysis By Market Segments, 2019-2023
- 15.4. Market Size and Volume Forecast By Market Segments, 2024-2032
- 15.4.1. By Technology
- 15.4.2. By Base Type
- 15.4.3. By Application
- 15.5. Market Attractiveness Analysis
- 15.5.1. By Technology
- 15.5.2. By Base Type
- 15.5.3. By Application
- 15.6. Market Trends
16. Belarus Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032
- 16.1. Introduction
- 16.2. Pricing Analysis
- 16.3. Historical Market Size and Volume Analysis By Market Segments, 2019-2023
- 16.4. Market Size and Volume Forecast By Market Segments, 2024-2032
- 16.4.1. By Technology
- 16.4.2. By Base Type
- 16.4.3. By Application
- 16.5. Market Attractiveness Analysis
- 16.5.1. By Technology
- 16.5.2. By Base Type
- 16.5.3. By Application
- 16.6. Market Trends
17. Azerbaijan Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032
- 17.1. Introduction
- 17.2. Pricing Analysis
- 17.3. Historical Market Size and Volume Analysis By Market Segments, 2019-2023
- 17.4. Market Size and Volume Forecast By Market Segments, 2024-2032
- 17.4.1. By Technology
- 17.4.2. By Base Type
- 17.4.3. By Application
- 17.5. Market Attractiveness Analysis
- 17.5.1. By Technology
- 17.5.2. By Base Type
- 17.5.3. By Application
- 17.6. Market Trends
18. Turkmenistan Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032
- 18.1. Introduction
- 18.2. Pricing Analysis
- 18.3. Historical Market Size and Volume Analysis By Market Segments, 2019-2023
- 18.4. Market Size and Volume Forecast By Market Segments, 2024-2032
- 18.4.1. By Technology
- 18.4.2. By Base Type
- 18.4.3. By Application
- 18.5. Market Attractiveness Analysis
- 18.5.1. By Technology
- 18.5.2. By Base Type
- 18.5.3. By Application
- 18.6. Market Trends
19. Rest of CIS Paints and Coatings Market Analysis 2019-2023 and Forecast 2024-2032
- 19.1. Introduction
- 19.2. Pricing Analysis
- 19.3. Historical Market Size and Volume Analysis By Market Segments, 2019-2023
- 19.4. Market Size and Volume Forecast By Market Segments, 2024-2032
- 19.4.1. By Technology
- 19.4.2. By Base Type
- 19.4.3. By Application
- 19.5. Market Attractiveness Analysis
- 19.5.1. By Technology
- 19.5.2. By Base Type
- 19.5.3. By Application
- 19.6. Market Trends
20. Market Structure Analysis
- 20.1. Market Analysis by Tier of Companies (Paints and Coatings)
- 20.2. Market Concentration
- 20.3. Market Share Analysis of Top Players
- 20.4. Market Presence Analysis
- 20.4.1. By Regional footprint of Players
- 20.4.2. Product foot print by Players
21. Competition Analysis
- 21.1. Competition Dashboard
- 21.2. Competition Benchmarking
- 21.3. Competition Deep Dive
- 21.3.1. Henkel Group
- 21.3.1.1. Overview
- 21.3.1.2. Product Portfolio
- 21.3.1.3. Production Footprint
- 21.3.1.4. Sales Footprint
- 21.3.1.5. Strategy
- 21.3.2. Akzo Nobel NV
- 21.3.2.1. Overview
- 21.3.2.2. Product Portfolio
- 21.3.2.3. Production Footprint
- 21.3.2.4. Sales Footprint
- 21.3.2.5. Strategy
- 21.3.3. Kansai Paint Co., Ltd
- 21.3.3.1. Overview
- 21.3.3.2. Product Portfolio
- 21.3.3.3. Production Footprint
- 21.3.3.4. Sales Footprint
- 21.3.3.5. Strategy
- 21.3.4. Jotun Group
- 21.3.4.1. Overview
- 21.3.4.2. Product Portfolio
- 21.3.4.3. Production Footprint
- 21.3.4.4. Sales Footprint
- 21.3.4.5. Strategy
- 21.3.5. Hempel A/S
- 21.3.5.1. Overview
- 21.3.5.2. Product Portfolio
- 21.3.5.3. Production Footprint
- 21.3.5.4. Sales Footprint
- 21.3.5.5. Strategy
- 21.3.6. DAW SE
- 21.3.6.1. Overview
- 21.3.6.2. Product Portfolio
- 21.3.6.3. Production Footprint
- 21.3.6.4. Sales Footprint
- 21.3.6.5. Strategy
- 21.3.7. Fosroc
- 21.3.7.1. Overview
- 21.3.7.2. Product Portfolio
- 21.3.7.3. Production Footprint
- 21.3.7.4. Sales Footprint
- 21.3.7.5. Strategy
- 21.3.8. Russian Coatings
- 21.3.8.1. Overview
- 21.3.8.2. Product Portfolio
- 21.3.8.3. Production Footprint
- 21.3.8.4. Sales Footprint
- 21.3.8.5. Strategy
- 21.3.9. Belzona International Ltd
- 21.3.9.1. Overview
- 21.3.9.2. Product Portfolio
- 21.3.9.3. Production Footprint
- 21.3.9.4. Sales Footprint
- 21.3.9.5. Strategy
- 21.3.10. Steuler-KCH GmbH
- 21.3.10.1. Overview
- 21.3.10.2. Product Portfolio
- 21.3.10.3. Production Footprint
- 21.3.10.4. Sales Footprint
- 21.3.10.5. Strategy
- 21.3.1. Henkel Group
22. Assumptions and Acronyms Used
23. Research Methodology
