Paints and coatings industry in the US to reach USD 37.61 B by 2024

reogma|Paints and coatings industry in the US to reach USD 37.61 B by 2024

Paint and coating industry in the US was valued at USD 31.5 billion in 2018 and is estimated to reach USD 32.44 billion in 2019. It is  to grow at the CAGR of 3.92% within the forecasted time period of 2019-2024.

It will reach USD 37.61 billion by 2024 because of the increasing new residential and commercial construction projects.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

Paint is the substances either solid or liquid which forms a film on the surface being used through spread, adherence and hardening. They are mainly used for the purpose of decorating and protecting new construction and maintain the existing structures (apartments, public buildings, industrial plants, traffic paints).

Here almost 45% of it is used for the protecting and decorating new construction and 40% of it is used to protect industrial products.  Paint and coating industry is concerned with the production, distribution, and sale of these products. On the basis of the product type and end users, its market is segmented into following types.

In architectural sector, coating are used for maintenance of residential, commercial, institutional and industrial buildings while industrial coating are used for automobiles, buses, transportation, equipment, metal building products, metal container and paper.

Special purpose coating includes marine paints, traffic, highway markings, and aerosol paints.

reogma|Paints and coatings industry in the US to reach USD 37.61 B by 2024


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Paint and coating industry in the US was valued at USD 31.5 billion in 2018 and is estimated to reach USD 32.44 billion in 2019. It is  to grow at the CAGR of 3.92% within the forecasted time period of 2019-2024. It will reach USD 37.61 billion by 2024 because […]
reogma|Paints and coatings industry in the US to reach USD 37.61 B by 2024reogma|Paints and coatings industry in the US to reach USD 37.61 B by 2024

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