Global Performance Coating Market

Performance coatings are specialized types of coatings that are designed to provide enhanced protection and performance over standard coatings. These coatings are used in a variety of industries, including aerospace, automotive, marine, electronics, and industrial manufacturing. Performance coatings can provide a range of benefits, including corrosion resistance, abrasion resistance, chemical resistance, thermal management, and electrical insulation. They are often applied to surfaces such as metal, plastic, and glass to improve their durability and performance. According to the latest data, the market size of the global performance coating sector is expected to rise by USD 23.4 billion with a CAGR of 4.13% by the end of 2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global performance coating market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the resin, form, end user, and region. The global market for performance coating can be segmented by resin: acrylic, epoxy, polyester, polyurethane, others. In 2022, the acrylic segment made up the largest share of revenue generated by the performance coating market. Performance coating market is further segmented by form: powder-based, solvent-based, water-based. The solvent-based segment was the largest contributor to the global performance coating market in 2022. Based on end user, the performance coating market is segmented into: building and construction, consumer goods, industrial, transportation, others. The building and construction segment is estimated to account for the largest share of the global performance coating market. On the basis of region, the performance coating market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest share of the global performance coating market in 2022 and is anticipated to hold its share during the forecast period.

Market Segmentation
By resin: acrylic, epoxy, polyester, polyurethane, others
By form: powder-based, solvent-based, water-based
By end user: building and construction, consumer goods, industrial, transportation, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report explores the recent developments and profiles of key vendors in the Global Performance Coating Market, including AkzoNobel NV, Axalta Coating Systems, Ltd., BASF SE, Daikin Industries Ltd., Hempel A/S, Henkel AG & Co. KGaA, Jotun A/S, Kansai Paint Co., Ltd., Masco Corporation, Nippon Paint Holdings Co., Ltd., PPG Industries, Inc, Sherwin-Williams Company, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global performance coating market.
• To classify and forecast the global performance coating market based on resin, form, end user, region.
• To identify drivers and challenges for the global performance coating market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global performance coating market.
• To identify and analyze the profile of leading players operating in the global performance coating market.

Why Choose This Report
• Gain a reliable outlook of the global performance coating market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.

Global Performance Coating Market

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Global Performance Coating Market - Report Scope
REPORT ATTRIBUTE

DETAILS

Base Year

2022

Forecast Year

2023-2029

CAGR (2023-2029)

4.13%

Pages

88

Key Players

AkzoNobel NV, Axalta Coating Systems Ltd., BASF SE, Daikin Industries Ltd., Hempel A/S, Henkel AG & Co. KGaA, Jotun A/S, Kansai Paint Co. Ltd., Masco Corporation, Nippon Paint Holdings Co. Ltd., PPG Industries Inc, Sherwin-Williams Company

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