CINCINNATI — The ChemQuest Group announced the publication and availability at paint.org/market of the U.S. Market Analysis for the Paint & Coatings Industry (2019–2024) and Global Market Analysis for the Paint & Coatings Industry (2019–2024). For the first time, these longstanding American Coatings Association (ACA) market studies are being published in tandem to provide a fuller view of international markets and the future direction of the industry, technology and competitive landscape.
Prepared by The ChemQuest Group Inc., the studies’ new chapter formats are synced and similarly scoped for ease of comparing U.S. and global market performance ― offering insightful analysis, with five-year performance projections and growth drivers by sector, segment, and region. These two studies are unique in that they incorporate findings from in-depth interviews with key industry experts to provide a solid base for analyzing the impact of trends and drivers in major market segments, making the studies the go-to resource for paint and coatings industry executive business planning.
The studies provide a profile of major types of paint and coatings by region and end-market; market and growth forecasts in volume, value and price, through 2024; sector analysis and market dynamics, including end-use markets, economic and trade influences, technology trends and drivers (including R&D initiatives), regulatory and environmental influences, Porter’s Five Forces Analysis, and key buying factors; and qualitative and quantitative data in updated graphic chart design, and easily digestible PowerPoint style.
The U.S. Market Analysis for the Paint & Coatings Industry (2019–2024) profiles 19 market segments in detail, from architectural coatings, to rail rolling stock coatings, valuing the 2019 U.S. Architectural Coatings market at $12.8 billion in 2019. The study covers the following: new technology development and market opportunities with expanded coverage of dynamics and trends in raw materials feedstocks; appliance finishes; wood furniture, cabinet, and fixture finishes; non-wood furniture, fixture and business equipment finishes; and powder coatings; and protective coatings, with breaks-out coatings technology and usage in the oil and gas value chain and other key sub-segments to include commercial architecture, processing and manufacturing, power generation and pent-up demand for infrastructure refurbishment and related funding sources.
The Global Market Analysis for the Paint & Coatings Industry (2019–2024) report profiles three sectors – Architectural Coatings, Industrial OEM Coatings, and Special Purpose Coatings – by region. Regions include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
ACA is offering special bundle pricing for purchasers who buy both studies, as well as special pricing for purchase of a corporate access license. For more information, visit www.paint.org/market.