Research and Markets Releases Global Paint and Coatings Report

Research and Markets has released a new paints and coatings market report, titled, Global Paints and Coatings Market Market 2023-2027. According to the report, the market is forecasted to grow by $28.41 billion during 2022-2027, accelerating at a CAGR of 3.15%.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Reportedly, the market is driven by the growing real estate and construction industry, the availability of coatings designed for fuel-efficient automobiles, and the growing marine industry. The paints and coatings market is segmented as follows: by technology (water-based, solvent-based, and others) and by application (industrial and architectural).