[4/8/2019]: The global high-performancepaints market is expected to display higher growth rate in the upcoming
period. Rapid surge in the market is credited to the increasing requirement
from end-user industries and development of advanced manufacturing
technologies. Growing use of high-performance paints and varnish in the
construction and the automotive sectors due to highly preferred solvent
properties are major growth factors. Globally, high-performance paints market
is predicted to generate massive revenue over the forecast period, providing
numerous opportunities for industry participants to invest in research and
development of high-performance paints.
The
stringent laws and regulation against harmful effects of synthetic paints on
environment are compelling market players to adopt high performance paints that
complies with the regional and international regulations. Rise in number of
market players significantly investing in research and development of the high
performance paints, is further fostering the market growth over past few years.
With the development of the low cost solutions while avoiding the use of the
volatile organic compounds, is propelling market expansion in upcoming years.
Furthermore, improved standard of living and increasing middle class housing
needs, particularly in the developing economies across the globe are expected
to boost market growth as well.
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High-performance
paints are specialized type of paints consisting of well-versed set of
characteristics that allows determining and reacting to the atmospheric and
external stimulus. Such functionalities make them ideal for erosion protection,
heat resistance and surface enhancement techniques. Along with the specialized
design, high performance paints provide the common functions of coatings
similar to protection and decoration, also unique capability of reacting to
environmental stimuli.
The
high performance paints market is broadly categorized into three major segments
based on the application type such as automotive industry, building &
construction industry, and consumer goods sector. Building & construction
segment is growing rapidly in the market with substantial revenue generation in
the last few years. Growing popularity of high-performance paints in building
& construction segment is attributed to the increasing product penetration
and easy availability.
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Market Segment:
Leading players of High-Performance
Paints including:
•
AkzoNobel
•
PPG
•
Sherwin Williams
•
RPM International Inc.
•
Valspar
•
Axalta
•
BASF Group
•
Sacal
Major Key Regions Including
•
North America
•
Europe
•
Asia-Pacific
•
South America
•
Middle East and Africa
Market split by Type, can be divided
into:
•
Interior High-performance Paints
•
Exterior High-performance Paints
Market split by Application, can be
divided into:
•
Automotive
•
Construction
•
Electronics
Table of Contents
1
Report Overview
2
Product Type Market
3
Product Application Market
4
Manufacturers Profiles/Analysis
5
Market Performance for Manufacturers
6
Regions Market Performance for Manufacturers
7
World Market Performance Point
8
Development Trend for Regions and Countries (Sales Point)
9
Upstream Source, Technology and Cost
10
Channel Analysis
11
Consumer Analysis
12
Market Forecast
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