Paints and Coatings Market, Overview, Trends and COVID-19 Analysis, Forecast to 2023

Paints and Coatings Market Synopsis: Market Research Future (MRFR)’s analysis projects that the global Paints and Coatings Market is set to expand at 5.06% CAGR during the forecast period 2017 to 2023. The valuation of the global market is likely to reach USD 190167.5 Mn by the end of 2023 from USD 135542.6 in 2017. Paints and coatings have developed application across various industries such as automotive, marine, aerospace, etc. and is highly in demand as it offers adhesion, durability, high corrosion & abrasion resistance, etc. This is likely to catapult the paints and coatings market on an upward trajectory for the next couple of years. The rising count of infrastructural projects across the world in both industrial and architectural sector is another major factor responsible for the expansion of the global paints and coatings market. The market looks attractive, and investments are likely to flow towards the development of eco-friendly paints and coatings. It is anti...