Asia Pacific Paints & Coatings Market Forecast 2021-2028

Publisher Name :
Date: 24-Nov-2020
No. of pages: 155

KEY FINDINGS

The Asia Pacific paints & coatings market is anticipated to record a CAGR of 7.00%, over the forecast years of 2021 to 2028. The region's market growth is attributed to factors, such as, the rapidly increasing housing construction activities, especially in developing countries, the growing demand from the automotive industry, and the establishment of automotive manufacturing facilities.

MARKET INSIGHTS

The Asia Pacific paints & coatings market growth is analyzed by assessing India, Indonesia, Australia & New Zealand, China, Japan, Thailand, Vietnam, South Korea, and the rest of the Asia Pacific. In India, the construction industry is the second-largest, with a gross domestic product (GDP) contribution of nearly 9%. The sector also depicted promising growth in 2019, in addition to a strengthened output of 8%. As a result, it is estimated that India's construction industry is likely to emerge as the third-largest market, globally, garnering at least $1 trillion, over the forecast period. Moreover, the segment is also projected to drive the demand for architectural coatings in India, owing to government initiatives, like, UDAN (Ude Desh Ka Aam Nagrik), Bharatmala scheme, and AMRUT (Atal Mission for Rejuvenation and Urban Transformation).

On the other hand, despite its relatively smaller size and population compared to other countries across the Asia Pacific, South Korea accounts for the fourth largest paints and coatings market in the region. For instance, leading producers, such as, Kangnam Jevisco (Kunsul Chemical Industrial Company, KCI), Samhwa Paints, Chokwang Paints, and Noroo Paints, dominate the country's market, harboring a cumulative revenue share of nearly 75%. Hence, these factors are set to fuel the market growth.

COMPETITIVE INSIGHTS

Some of the distinguished companies operating in the market include, ICA Group, Nippon Paint Holdings Co, Asian Paints Ltd, Kansai Paint Co Ltd, etc.

Our report offerings include:

- Explore key findings of the overall market

- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

- Market Segmentation cater to a thorough assessment of key segments with their market estimations

- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Asia Pacific Paints & Coatings Market Forecast 2021-2028

Table of Contents

1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. GROWING CONSTRUCTION AND INFRASTRUCTURE INDUSTRY
3.1.2. DEMAND FROM AUTOMOTIVE OEM AND AFTERMARKET
3.2. KEY RESTRAINTS
3.2.1. STRINGENCY IN REGULATIONS
3.2.2. UNCERTAINTY IN RAW MATERIAL PRICES
4. KEY ANALYTICS
4.1. IMPACT OF COVID-19 ON PAINTS & COATINGS MARKET
4.2. KEY INVESTMENT INSIGHTS
4.3. PORTER'S FIVE FORCE ANALYSIS
4.3.1. BUYER POWER
4.3.2. SUPPLIER POWER
4.3.3. SUBSTITUTION
4.3.4. NEW ENTRANTS
4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. VALUE CHAIN ANALYSIS
5. MARKET BY RESIN TYPE
5.1. ACRYLIC
5.2. POLYESTER
5.3. ALKYD
5.4. EPOXY
5.5. POLYURETHANE
5.6. OTHER RESIN TYPE
6. MARKET BY TECHNOLOGY
6.1. WATERBORNE
6.2. SOLVENT-BORNE
6.3. POWDER COATINGS
6.4. HIGH SOLIDS
6.5. RADIATION CURED
6.6. OTHER EMERGING TECHNOLOGIES
7. MARKET BY APPLICATIONS
7.1. INDUSTRIAL
7.1.1. AUTOMOTIVE
7.1.2. AEROSPACE & MARINE
7.1.3. INDUSTRIAL WOOD COATINGS
7.1.4. CONSUMER DURABLES
7.1.5. GENERAL INDUSTRIAL
7.1.6. OTHER INDUSTRIAL APPLICATIONS
7.2. ARCHITECTURAL
7.2.1. INTERIOR
7.2.2. EXTERIOR
8. GEOGRAPHICAL ANALYSIS
8.1. ASIA PACIFIC
8.1.1. KEY GROWTH ENABLERS
8.1.2. KEY CHALLENGES
8.1.3. KEY PLAYERS
8.1.4. COUNTRY ANALYSIS
8.1.4.1. CHINA
8.1.4.2. JAPAN
8.1.4.3. INDIA
8.1.4.4. SOUTH KOREA
8.1.4.5. INDONESIA
8.1.4.6. THAILAND
8.1.4.7. VIETNAM
8.1.4.8. AUSTRALIA & NEW ZEALAND
8.1.4.9. REST OF ASIA PACIFIC
9. COMPETITIVE LANDSCAPE
9.1. KEY STRATEGIC DEVELOPMENTS
9.1.1. MERGER & ACQUISITIONS
9.1.2. PRODUCT LAUNCH & DEVELOPMENTS
9.1.3. PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
9.1.4. BUSINESS EXPANSION
9.2. COMPANY PROFILE
9.2.1. AKZO NOBEL NV
9.2.2. ASIAN PAINTS LIMITED
9.2.3. AXALTA COATING SYSTEMS LTD
9.2.4. BERGER PAINTS INDIA LIMITED
9.2.5. DAVIES PAINTS PHILIPPINES INC
9.2.6. HAYMES PAINT
9.2.7. JOTUN GROUP
9.2.8. KANSAI PAINT CO LTD
9.2.9. KOVA PAINT CO LTD
9.2.10. NIPPON PAINT HOLDINGS CO LTD
9.2.11. PACIFIC PAINT (BOYSEN) PHILIPPINES INC
9.2.12. PPG INDUSTRIES INC
9.2.13. PT PROPAN RAYA ICC
9.2.14. RPM INTERNATIONAL INC
9.2.15. THE SHERWIN-WILLIAMS COMPANY
9.2.16. TOA PAINT (THAILAND) PUBLIC COMPANY LIMITED

List Of Tables

TABLE 1: MARKET SNAPSHOT - PAINTS & COATINGS
TABLE 2: ASIA PACIFIC PAINTS & COATINGS MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 3: ASIA PACIFIC PAINTS & COATINGS MARKET, BY RESIN TYPE, FORECAST YEARS, 2021-2028 (IN $ BILLION)
TABLE 4: ASIA PACIFIC PAINTS & COATINGS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 5: ASIA PACIFIC PAINTS & COATINGS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ BILLION)
TABLE 6: ASIA PACIFIC PAINTS & COATINGS MARKET, BY APPLICATIONS, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 7: ASIA PACIFIC PAINTS & COATINGS MARKET, BY APPLICATIONS, FORECAST YEARS, 2021-2028 (IN $ BILLION)
TABLE 8: ASIA PACIFIC PAINTS & COATINGS MARKET, BY INDUSTRIAL APPLICATIONS, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 9: ASIA PACIFIC PAINTS & COATINGS MARKET, BY INDUSTRIAL APPLICATIONS, FORECAST YEARS, 2021-2028 (IN $ BILLION)
TABLE 10: ASIA PACIFIC PAINTS & COATINGS MARKET, BY ARCHITECTURAL APPLICATIONS, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 11: ASIA PACIFIC PAINTS & COATINGS MARKET, BY ARCHITECTURAL APPLICATIONS, FORECAST YEARS, 2021-2028 (IN $ BILLION)
TABLE 12: ASIA PACIFIC PAINTS & COATINGS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 13: ASIA PACIFIC PAINTS & COATINGS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ BILLION)
TABLE 14: LEADING PLAYERS OPERATING IN ASIA PACIFIC PAINTS & COATINGS MARKET

List Of Figures

FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER'S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: ASIA PACIFIC PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY RESIN TYPE, IN 2020
FIGURE 7: ASIA PACIFIC PAINTS & COATINGS MARKET, BY ACRYLIC, 2021-2028 (IN $ BILLION)
FIGURE 8: ASIA PACIFIC PAINTS & COATINGS MARKET, BY POLYESTER, 2021-2028 (IN $ BILLION)
FIGURE 9: ASIA PACIFIC PAINTS & COATINGS MARKET, BY ALKYD, 2021-2028 (IN $ BILLION)
FIGURE 10: ASIA PACIFIC PAINTS & COATINGS MARKET, BY EPOXY, 2021-2028 (IN $ BILLION)
FIGURE 11: ASIA PACIFIC PAINTS & COATINGS MARKET, BY POLYURETHANE, 2021-2028 (IN $ BILLION)
FIGURE 12: ASIA PACIFIC PAINTS & COATINGS MARKET, BY OTHER RESIN TYPE, 2021-2028 (IN $ BILLION)
FIGURE 13: ASIA PACIFIC PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020
FIGURE 14: ASIA PACIFIC PAINTS & COATINGS MARKET, BY WATERBORNE, 2021-2028 (IN $ BILLION)
FIGURE 15: ASIA PACIFIC PAINTS & COATINGS MARKET, BY SOLVENT-BORNE, 2021-2028 (IN $ BILLION)
FIGURE 16: ASIA PACIFIC PAINTS & COATINGS MARKET, BY POWDER COATINGS, 2021-2028 (IN $ BILLION)
FIGURE 17: ASIA PACIFIC PAINTS & COATINGS MARKET, BY HIGH SOLIDS, 2021-2028 (IN $ BILLION)
FIGURE 18: ASIA PACIFIC PAINTS & COATINGS MARKET, BY RADIATION CURED, 2021-2028 (IN $ BILLION)
FIGURE 19: ASIA PACIFIC PAINTS & COATINGS MARKET, BY OTHER EMERGING TECHNOLOGIES, 2021-2028 (IN $ BILLION)
FIGURE 20: ASIA PACIFIC PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY APPLICATIONS, IN 2020
FIGURE 21: ASIA PACIFIC PAINTS & COATINGS MARKET, BY INDUSTRIAL, 2021-2028 (IN $ BILLION)
FIGURE 22: ASIA PACIFIC PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY INDUSTRIAL APPLICATIONS, IN 2020
FIGURE 23: ASIA PACIFIC PAINTS & COATINGS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ BILLION)
FIGURE 24: ASIA PACIFIC PAINTS & COATINGS MARKET, BY AEROSPACE & MARINE, 2021-2028 (IN $ BILLION)
FIGURE 25: ASIA PACIFIC PAINTS & COATINGS MARKET, BY INDUSTRIAL WOOD COATINGS, 2021-2028 (IN $ BILLION)
FIGURE 26: ASIA PACIFIC PAINTS & COATINGS MARKET, BY CONSUMER DURABLES, 2021-2028 (IN $ BILLION)
FIGURE 27: ASIA PACIFIC PAINTS & COATINGS MARKET, BY GENERAL INDUSTRIAL, 2021-2028 (IN $ BILLION)
FIGURE 28: ASIA PACIFIC PAINTS & COATINGS MARKET, BY OTHER INDUSTRIAL APPLICATIONS, 2021-2028 (IN $ BILLION)
FIGURE 29: ASIA PACIFIC PAINTS & COATINGS MARKET, BY ARCHITECTURAL, 2021-2028 (IN $ BILLION)
FIGURE 30: ASIA PACIFIC PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY ARCHITECTURAL, IN 2020
FIGURE 31: ASIA PACIFIC PAINTS & COATINGS MARKET, BY INTERIOR, 2021-2028 (IN $ BILLION)
FIGURE 32: ASIA PACIFIC PAINTS & COATINGS MARKET, BY EXTERIOR, 2021-2028 (IN $ BILLION)
FIGURE 33: ASIA PACIFIC PAINTS & COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 34: CHINA PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)
FIGURE 35: JAPAN PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)
FIGURE 36: INDIA PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)
FIGURE 37: SOUTH KOREA PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)
FIGURE 38: INDONESIA PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)
FIGURE 39: THAILAND PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)
FIGURE 40: VIETNAM PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)
FIGURE 41: AUSTRALIA & NEW ZEALAND PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)
FIGURE 42: REST OF ASIA PACIFIC PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)
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