Global Paints and Varnishes Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Paint is any colored liquid which on drying, form a thin surface coat and has specific functions perform. Paints are used to protect metals, timber, or plastered surfaces from the corrosive effects of weather, heat, moisture or gases etc.
Varnishes are more or less transparent liquids which are used to provide a protective surface coating in much the same way as paints doﾔ At the same time they allow the original surface to show but add a lustrous and glossy finish to it.
According to our (Global Info Research) latest study, the global Paints and Varnishes market size was valued at USD 111810 million in 2022 and is forecast to a readjusted size of USD 110320 million by 2029 with a CAGR of -0.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Paints and Varnishes key players include Akzonobel, PPG, Axaltas (Dupont), Sherwin-Williams, Basf, etc. Global top five manufacturers hold a share over 25%.
East Asia is the largest market, with a share over 25%, followed by Europe and North America, both have a share over 35%. 
In terms of product, Water Based Paints is the largest segment, with a share over 65%. And in terms of application, the largest application is Construction, followed by Automotive, Marine, etc.
This report is a detailed and comprehensive analysis for global Paints and Varnishes market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Paints and Varnishes market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Paints and Varnishes market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Paints and Varnishes market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Paints and Varnishes market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Paints and Varnishes
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Paints and Varnishes market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Jotun, Hempel, National Paints, Al-Jazeera and Akzo Nobel, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Paints and Varnishes market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Water Based Paints
    Solvent Based Paints and Varnish
    Others
Market segment by Application
    Construction
    Automotive
    Marine
    Home Appliances
    Others
Major players covered
    Jotun
    Hempel
    National Paints
    Al-Jazeera
    Akzo Nobel
    Sigma (PPG)
    Raghagan
    Berger
    RPM
    Oasis Amercoat
    Sherwin-Williams
    BASF
    Rose Paint
    Axaltas (DuPont)
    Paintco
    Caparol (DAW)
    Ocean Paints
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Paints and Varnishes product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Paints and Varnishes, with price, sales, revenue and global market share of Paints and Varnishes from 2018 to 2023.
Chapter 3, the Paints and Varnishes competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Paints and Varnishes breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Paints and Varnishes market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Paints and Varnishes.
Chapter 14 and 15, to describe Paints and Varnishes sales channel, distributors, customers, research findings and conclusion.