Abstract
INTRODUCTION
This report studies and highlights the role of paints and coatings in
providing color and protection, explains the technology and innovation behind
coatings development and production, and gives a market overview, analyzing
major market trends both in terms of region and application sector. In
addition, the report studies in detail the new developments taking place in
the paints and coatings industry with respect to continuous improvements in
environmental performance.
The report analyzes the market for various coating products as well as for the
technologies involved. The market for various emerging technologies in coating
as well as the new products produced using these technologies has been looked
into in the report.
The report also analyzes the various applications of coatings in detail and
the markets of such applications, with special emphasis on the new products
being developed and markets for such products. Along with the development of
new products, research and development is taking the coating technology to new
heights, and a closer look into such technologies has been made in the report.
New applications coming out of emerging technologies are also discussed.
Customers are driving the increased demand for coatings with huge expectations
in diverse areas such as performance, ease of application, sustainability,
quality, functionality, and environmental properties. All of the above
expectations require special attention from manufacturers in order to ensure
that products meet expected standards and the market remains buoyant. This
report pinpoints the need for the industry' s commitment to continuous
improvement in environmental performance and takes a glimpse at a future in
which the functionality of coatings will be enhanced and transformed from the
conventional areas of protection and aesthetics to meet additional and more
specific demands.
SCOPE OF STUDY
This report contains:
- Descriptions of various types of paints and coatings including
architectural, decorative, industrial and special purpose coatings
- The current market status for paints and coatings, trends, and forecasts
for growth over the next 5 years
- Discussion of new technologies including nano coatings and vapor
permeation of injection-cured coatings, along with efforts towards improved
environmental performance
- Analysis of the paints and coatings industry on a worldwide basis, from a
market and application perspective
- Industry structure and competitive analysis with profiles of top
international coatings companies.
INFORMATION SOURCES
Primary information sources for this market research include manufacturers and
suppliers of paints and coatings around the world, raw material suppliers for
manufacture of these products, major users of these products, research
organizations, governmental agencies, trade associations, and various
equipment suppliers. Additional secondary research sources include databases,
trade literature, specialized journals, and government statistics. These
resources have been researched while compiling this report.
ANALYST CREDENTIALS
Srinivasa Rajaram is a mechanical engineer with more than 40 years experience
in designing factory layouts, and setting up factories. He has set up
factories for the production of weighing and dynamic balancing machines in
India and has experience in designing, production and servicing that
equipment. He was Senior Vice President at M/S Schenck Avery Limited, an
Indo-German joint venture and has set up an automatic paint shop for painting
various components of weighing and dynamic balancing equipment.
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