Le Lézard
Classified in: Covid-19 virus

Global Refinish Paints Industry (2020 to 2027) - Key Market Trends and Drivers - ResearchAndMarkets.com


The "Refinish Paints - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Refinish Paints estimated at US$7.6 Billion in the year 2020, is projected to reach a revised size of US$10 Billion by 2027, growing at a CAGR of 4% over the analysis period 2020-2027.

Polyurethane, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach US$4.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Epoxy segment is readjusted to a revised 3.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 6.4% CAGR

The Refinish Paints market in the U.S. is estimated at US$2.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.

Acrylic Segment to Record 3.2% CAGR

In the global Acrylic segment, USA, Canada, Japan, China and Europe will drive the 3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1 Billion in the year 2020 will reach a projected size of US$1.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2027, while Latin America will expand at a 3.4% CAGR through the analysis period.

Select Competitors (Total 40 Featured):

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/wd8yg7


These press releases may also interest you

at 05:50
The "3D Printing Plastics - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global 3D Printing Plastics Market to Reach $2.3 Billion by 2027 Amid the COVID-19 crisis, the global market for 3D...

at 05:50
The "Synthetic Betaine - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Synthetic Betaine Market to Reach $3.2 Billion by 2027 Amid the COVID-19 crisis, the global market for Synthetic...

at 05:30
The "Flat Panel Detector (FPD) based X-Ray for Cone Beam Computed Tomography (CBCT) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Flat Panel Detector (FPD) based X-Ray for Cone Beam...

at 05:30
The "Specialty Oleochemicals - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Specialty Oleochemicals Market to Reach $32.1 Billion by 2027 Amid the COVID-19 crisis, the global market for...

at 05:12
NOTICE IS HEREBY GIVEN that THE EXTRAORDINARY GENERAL MEETING ("EGM") of Kindred Group plc (C 39017)  (the "Company") convened in terms of article 135 (1)(b) of the Companies Act (Cap.386 of the Laws of Malta) will be held on Thursday 10 June 2021 at...

at 05:06
Despite some unfavorable factors such as a decrease in demand due to the impact of the COVID-19 pandemic and the impact of semiconductor supply shortages, consolidated operating profit for the fiscal year ended March 31, 2021 (FY21) amounted to 660.2...



News published on 21 april 2021 at 07:45 and distributed by: