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  • Writer's pictureswati patil

Specialty Paints and Coatings Market, Global Outlook and Forecast 2023-2032

The global Specialty Paints and Coatings market was valued at US$ 178510 million in 2022 and is projected to reach US$ 239790 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Paint is defined as a paints material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect, decorated or add a specific feature to the surface on which it is deposited.



This report aims to provide a comprehensive presentation of the global market for Specialty Paints and Coatings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Specialty Paints and Coatings. This report contains market size and forecasts of Specialty Paints and Coatings in global, including the following market information:


  • Global Specialty Paints and Coatings Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global Specialty Paints and Coatings Market Sales, 2018-2023, 2024-2032, (K MT)


Global top five Specialty Paints and Coatings companies in 2022 (%)

The paint & coating industry concentration is not high; there are many manufacturers in global and high-end products are mainly from America and Europe. The global paint & coating market will reach about 54346 K MT in 2018 from 43517 K MT in 2013. The average growth rate is about 4.54% during 2013-2018. Paint & coatinging production mainly focuses on China, taking about 39.59% of global market in 2017, followed by the Europe with about 19.10% share. Other regions keep growth rate about 7.77%.The main market players are PPG, AkzoNobel, Henkel, Sherwin-Williams and Valspar.

We surveyed the Specialty Paints and Coatings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Specialty Paints and Coatings Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Specialty Paints and Coatings Market Segment Percentages, by Type, 2022 (%)


  • Water-Based Paint

  • Solvent-Based Paint

  • Powder Paint

  • Others

Global Specialty Paints and Coatings Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Specialty Paints and Coatings Market Segment Percentages, by Application, 2022 (%)


  • Architectural

  • Traffic

  • Wood

  • Industrial Equipment

  • Others

Global Specialty Paints and Coatings Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Specialty Paints and Coatings Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis


  • The report also provides analysis of leading market participants including:

  • Key companies Specialty Paints and Coatings revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Specialty Paints and Coatings revenues share in global market, 2022 (%)

  • Key companies Specialty Paints and Coatings sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Specialty Paints and Coatings sales share in global market, 2022 (%)

Key players include:


  • PPG

  • AkzoNobel

  • Henkel

  • Sherwin-Williams

  • Valspar

  • RPM International

  • Axalta

  • BASF

  • Kansai Paint

  • Sika

  • 3M

  • Asian Paints

  • Nippon Paint

  • HB Fuller

  • Masco

  • Jotun

  • Hempel

  • KCC Corporation

  • DAW SE

  • Shawcor

  • Cromology

  • SK KAKEN

  • Carpoly

  • Taiho Paint

  • Berger Paints


Outline of Major Chapters:

Chapter 1: Introduces the definition of Specialty Paints and Coatings, market overview.

Chapter 2: Global Specialty Paints and Coatings market size in revenue and volume.

Chapter 3: Detailed analysis of Specialty Paints and Coatings manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Specialty Paints and Coatings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Specialty Paints and Coatings capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Specialty Paints and Coatings Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Specialty Paints and Coatings Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Specialty Paints and Coatings Overall Market Size 2.1 Global Specialty Paints and Coatings Market Size: 2022 VS 2032 2.2 Global Specialty Paints and Coatings Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Specialty Paints and Coatings Sales: 2018-2032 3 Company Landscape 3.1 Top Specialty Paints and Coatings Players in Global Market 3.2 Top Global Specialty Paints and Coatings Companies Ranked by Revenue 3.3 Global Specialty Paints and Coatings Revenue by Companies 3.4 Global Specialty Paints and Coatings Sales by Companies 3.5 Global Specialty Paints and Coatings Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Specialty Paints and Coatings Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Specialty Paints and Coatings Product Type 3.8 Tier 1, Tier 2 and Tier 3 Specialty Paints and Coatings Players in Global Market 3.8.1 List of Global Tier 1 Specialty Paints and Coatings Companies 3.8

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