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SPi World News 12:45:00 GMT Monday 20th January 2020

Sector Publishing Intelligence publishes market sector news, blogs, and press releases through its extensive news portal that aims to increase the sophistication of press/news dissemination on the Web. The site has been designed to join up useful news stories with helpful background data about companies, news providers and other related information to give visitors a holistic view on on an encyclopaedic range of topics.

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Paints & Coatings Market Study, 2019-2025, Featuring Profiles of Key Vendors: AkzoNobel, PPG Industries, Sherwin-Wiliams, BASF, and Nippon Paint

Research and Markets via Globe Newswire 12:43 GMT Monday 20th January 2020

Dublin, Jan. 20, 2020 (GLOBE NEWSWIRE) -- The report has been added to offering.The global paints and coatings market is estimated to be valued at US$ 223 billion in the year 2025, growing at a CAGR of 6.5% in the period 2019 to 2025. Growth of the market is driven by factors such as the growth of the construction industry, rise in industrial production and ameliorating economic conditions.Paints and coatings industry is an imperative part of various segments of the global economy as it bestows with benefits such as providing protective and enhancing finishes to products in several end-use markets. This makes it an indispensable product which is necessary for protecting and preserving the objects on which it is applied.Global paints and coatings industry is increasingly witnessing the adoption of new coating technologies such as thermosetting emulsion, colloidal dispersion, water-soluble in waterborne coatings, high-solids coatings, two-component systems...

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