The ChemQuest Group recently announced the publication and availability of the “U.S. Market Analysis for the Paint & Coatings Industry (2019-2024)” and “Global Market Analysis for the Paint & Coatings Industry (2019-2024).” For the first time, these longstanding American Coatings Association (ACA) market studies are being published in tandem to provide a fuller view of international markets and the future direction of the industry, technology, and competitive landscape.
Prepared by The ChemQuest Group, Inc., the studies’ new chapter formats are synced and similarly scoped for ease of comparing U.S. and global market performance―offering insightful analysis with five-year performance projections and growth drivers by sector, segment, and region. These two studies reportedly incorporate findings from in-depth interviews with key industry experts to provide a solid base for analyzing the impact of trends and drivers in major market segments.
The “U.S. Market Analysis for the Paint & Coatings Industry (2019-2024)” report profiles 19 market segments in detail, from architectural coatings to rail rolling stock coatings, valuing the 2019 U.S. architectural coatings market at $12.8 billion in 2019. A 103-slide chapter on “New Technology Development and Market Opportunities” is accompanied by expanded coverage of raw material feedstocks’ dynamics and trends (99 slides); appliance finishes; wood furniture, cabinet, and fixture finishes; non-wood furniture, fixture, and business equipment finishes; and powder coatings. An updated “Protective Coatings” chapter breaks out coatings technology and usage in the oil and gas value chain (i.e., downstream, midstream, upstream) and other key subsegments to include commercial architecture, processing and manufacturing, power generation, and pent-up demand for infrastructure refurbishment and related funding sources.
The “Global Market Analysis for the Paint & Coatings Industry (2019-2024)” report profiles three sectors: architectural coatings (one segment); industrial OEM coatings (eight segments); and special-purpose coatings (three segments). Regions profiled include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.