Paints And Coatings Market Projected to Witness Vigorous Expansion by 2024
The market for paints and coatings has been a highly profitable one for several decades, gaining traction from its expanding application scope. Additionally, the vendors of the paints and coatings market have always been evolving their offerings, devising ideal products that meet the requirements of the end product. As per the projections of a business intelligence report by Transparency Market Research (TMR), the demand in the global paints and coatings market will increment at a notable CAGR of 5.4% during the forecast period of 2013 to 2019. In terms of revenue, the global paints and coatings market is estimated to reach a value of US$143.9 billion by the end of 2019 The analyst of the report has detected an intensely competitive vendor landscape. A large pool of players are connected to the value chain and are staking a strong claim by formulating contracts with end use industry players. That being said, the TMR report has identified AkzoNobel N.V., Axalta Coatings...