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A report on the global paints and coatings market by Persistence Market Research, titled Global Market Study on Paints and Coatings: Industrial Paints and Coatings to Witness Highest Growth by 2020, states that the global market for paints and coatings in 2013 accounted for $121.9 billion and is predicted to expand at a CAGR of 5.5% in the forecast period from 2014 to 2020, to reach an expected value worth $176.5 billion in the year 2020.
