![[Market Report] Global Paint and Coatings Market](https://image.mono.ipros.com/public/product/image/cb7/2000915602/IPROS91794479028123302638.jpeg?w=280&h=280)
[Market Report] Global Paint and Coatings Market
The global market for paints and coatings thrives due to the increasing demand for protective and decorative finishes in various industries.
The global paint and coating market is experiencing significant growth due to the increasing demand for protective and decorative finishes across various industries. According to the latest market report, the revenue of the paint and coating market reached $165 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period from 2022 to 2030, reaching $255 billion by 2030. Paints and coatings play a crucial role in protecting surfaces from corrosion, weathering, and chemical damage while providing aesthetic appeal. They are widely used in industries such as construction, automotive, aerospace, furniture, and packaging. There is also a growing demand for sustainable and environmentally friendly paints, with water-based, low-VOC (volatile organic compounds), and powder coatings becoming more prevalent. You can check the application method by clicking the [PDF Download] button or apply directly through the related links.
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