APAC Paints and Coatings Market Provides Comprehensive Understanding Of The Market With The Help Of Informed Market Outl

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2. Automotive and Infrastructure Sectors to Facilitate Growth in Asia-Pacific (APAC) Paints and Coatings Domain Increasing construction activities, expanding automotive domain, and rapid industrialization are the key factors influencing the APAC paints and coatings market growth. Paints and coatings are mastic or liquid compositions that provide resistance to the substrate from abrasion and corrosion by forming a layer that converts into a solid film. Increasing investments in construction projects, ranging from retail centers and offices to hospitals and hotels, are leading to the growth of the paints and coatings domain in APAC. Similarly, paints and coatings have found their use in the automotive sector for both protection and aesthetic purposes. Get a Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/apac- paints-and-coatings-market/report-sample 2 © P&S Intelligence. All rights reserved

3. Automotive and Infrastructure Sectors to Facilitate Growth in Asia-Pacific (APAC) Paints and Coatings Domain Advantages such as reduced application time, increased resistance against moisture, and smoother texture and finish make water-based coatings a preferred choice among end-users. On top of this, these last longer in poorly ventilated spaces and confined environments. Hence, owing to the beneficial properties of such materials, the APAC paints and coating niche would experience prosperity during the forecast period. In terms of application, the APAC paints and coatings market is categorized into architectural and decorative, industrial, and marine. During the forecast period, the volume sales of paintings and coatings are expected to witness the highest growth for industrial application, with a CAGR of 7.5%. Increasing demand for paints and coatings solutions from industries such as consumer goods, automotive, and machinery manufacturing is driving the market growth. Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry- url=apac-paints-and-coatings-market Countries such as China, India, Indonesia, and Malaysia have witnessed rapid economic transformation in the past few decades. Majority of these nations have a large and rapidly growing middle-class population. These factors make these developing countries a suitable paint and coatings market. As 3 © P&S Intelligence. All rights reserved

4. Automotive and Infrastructure Sectors to Facilitate Growth in Asia-Pacific (APAC) Paints and Coatings Domain these countries are home to fast-growing construction and automotive industry, an increase in the consumption of paint and coatings is expected from these. Hence, developing countries with a high economic growth rate will continue to bolster the market of paints and coatings in APAC in the coming years. Some of the major players operating in the APAC paints and coatings market are Akzo Nobel N. V., PPG Industries Inc., The Sherwin-Williams Company, Berger Paints India Limited, Shalimar Paints Limited, Kansai Paint Co. Ltd., Chugoku Marine Paints Ltd., KCC Corporation, Nippon Paint Holdings Co. Ltd., Dulux Group Limited, and Asian Paints Limited. About P&S Intelligence P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. Contact: P&S Intelligence Toll-free: +1-888-778-7886 (USA/Canada) International: +1-347-960-6455 Email: enquiry@psmarketresearch.com Web: https://www.psmarketresearch.com 4 © P&S Intelligence. All rights reserved

5. Automotive and Infrastructure Sectors to Facilitate Growth in Asia-Pacific (APAC) Paints and Coatings Domain Disclaimer: P&S Intelligence always keeps customers interest at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations as they are based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided to us by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinion based on research and should not be interpreted as statements of fact. The information in this report were believed to be correct at the time of publication but cannot be guaranteed. P&S Intelligence does not endorse any product, service or vendor depicted in its research publications. All intellectual property, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance may these be reproduced in any form without the prior written agreement of its owner. An order for market research report is intended for internal use of the company alone and not for disclosure to third parties or any publication in general. No service, report or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including and not limited to, all forms of optical-based media, magnetic, electronic, or digital without a written permission from P&S Intelligence. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 5 © P&S Intelligence. All rights reserved