Fact.MR Releases New Paint and Coatings Market Report
Fact.MR has released a new paints and coatings market report, titled, “Paints and Coatings Market Analysis by Technology (Architectural, Industrial), by Base Type (Water, Solvent, Powder), by Application and Region – Global Market Insights 2023 to 2033.” According to the report, the global paints and coatings market is estimated to be valued at $160 million in 2023 and is expected to grow at a CAGR of 5.1% during the forecast period of 2023–2033.
The global paint and coatings industry is a vital sector of the global economy that includes companies that manufacture and distribute a wide range of products, including architectural and industrial coatings, automotive paints and wood coatings. This industry is driven by technological advancements, consumer trends and government regulations.