The Latin America Paints And Coatings Market is expected to reach USD 8.32 billion in 2024 and grow at a CAGR of greater than 5% to reach USD 10.83 billion by 2029. PPG Industries, Inc., Akzo Nobel N.V., Jotun, Axalta Coating Systems and The Sherwin-Williams Company are the major companies operating in this market.
The global paints and coatings market size was valued at USD 206.56 billion in 2023 and is projected to grow from USD 217.36 billion in 2024 to USD 303.97 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
Mexico's industrial production rose 3.8% year-over-year in June, according to CEIC Data, part of ISI Emerging Markets. According to a recent report by the Coatings World portal, which cites several analysts, the production …
Mexican manufacturers have adopted powder coating, not only for its aesthetic benefits, but also for important factors such as durability, corrosion protection, …
The Mexico Paints And Coatings Market is growing at a CAGR of 4.78% over the next 5 years. PPG Industries, Inc, Benjamin Moore & Co, Nippon Paint Holdings Co., Ltd., Axalta Coating Systems, PINTURAS OSEL, S.A. DE C.V are the major companies operating in Mexico Paints And Coatings Market .
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WEG is investing in a new powder and industrial liquid paint factory in Atotonilco de Tula, Hidalgo State, Mexico. Expected to start operating in April 2020, the factory will have …
While 60% of Mexico's paint manufacturers are small to midsize companies employing fewer than 100 people, in all, the industry provides jobs for about 12,700 people, as of 2021. Paint products are sold at more than 15,000 shops across Mexico, the vast majority of which are small companies.
This statistic shows the revenue of the industry "Paints and coatings manufacturing" in Mexico from 2012 to 2018, with a forecast to 2024. ... system in Mexico. The industry "Paints and ...
The apparel and textile manufacturing industry in Mexico holds substantial significance within the country's economy. It ranks as the fourth-largest manufacturing sector in Mexico, contributing around 4.7% to the country's manufacturing GDP. The industry is composed of two main sectors, namely textiles and apparel, with textiles …
The Mexico paints & coatings market size reached USD 3,500.5 million in 2023. The market grow at a CAGR of 5.3% to reach a value of USD 5,513.6 million by 2032. ... 8.1 Key Industry Highlights 8.2 Mexico Paints and Coatings Historical Market (2018-2023) 8.3 Mexico Paints and Coatings Forecast (2024-2032) 9 ...
Paints and coatings provide protection, enhance aesthetics, and help preserve the integrity of the building materials. Also, Mexico has a significant automotive industry, including vehicle manufacturing and assembly plants. Paints and coatings play a crucial role in automotive manufacturing, used for both functional and decorative purposes.
India's paint and coatings industry has witnessed an accelerating shift in consumer preferences from traditional whitewash to high-quality products like emulsions and enamel paints, providing steady growth for the industry. Paint companies have seen immense growth over the past few years owing to the increasing demand from various …
The market value of the paint and coatings industry worldwide reached approximately 179.98 billion U.S. dollars. It is forecast that by 2032 the sector's market value will surpass 255.59 billion ...
The India Paints And Coatings Market is expected to reach USD 9.56 billion in 2024 and grow at a CAGR of 9.38% to reach USD 15 billion by 2029. Asian Paints, Berger Paints India Limited, Kansai Nerolac Paints Limited, Nippon Paint Holdings Co. Ltd and Akzo Nobel N.V. are the major companies operating in this market.
As nearshoring drives growth in the Mexican industrial sector, paints and coatings will reap the benefits. According to Mordor Intelligence, the Mexican paints and …
BlueQuark's Mexico Paints & Coatings Industry report provides a brief overview of market drivers, market restraints, market trends & developments, market size and forecasts, and key company profiles. +1 (760) 392 6202
The Indian Paint Association has forecast that India's paint & coating industry will surpass INR1000bn (US$12.34bn) during the next five years from the current level of INR620bn (US$7.70bn). This is in line …
Paint the USA: A Time Line of "Mexican Modernism" Artists in America July 26, ... and two years later, he completes his own favorite work, the Detroit Industry Murals at the Detroit Institute of Arts. Meanwhile, ... She paints herself between two worlds in Self-Portrait on the Border Line between Mexico and the United States, ...
Distribution Network . Today, Asia Paint is one of Singapore's leading paint manufacturers. We occupy a 60,000 square feet factory at the 20 Tuas Avenue 8, and have 4 retail outlets in Singapore, namely at:
Koch Mexico has supplied over 100 automated systems for the surface finishing industry to meet the specific needs of its customers throughout Mexico. ... 1982. KOCH Makes First Delivery in México. KOCH delivered its first paint line in México for Nissan Motor Company. 1999. KOCH Formally Opens Operations in México. KOCH formally opened ...
Mexico Paints And Coatings Industry Segmentation General industrial paints and coatings are applied on electrical equipment and appliances, sports/recreation equipment, consumer durables, and other automotive parts (brake lines, wheels, etc.) and are also applied on office buildings, warehouses, retail convenience stores, shopping malls, and …
SOUTHFIELD, MI – Dürr has built a high-tech paint shop for Ford in Hermosillo, Mexico, in order to accommodate a new vehicle that Ford will be producing. The new replacement paint shop is located next to the existing stamping and assembly plant. It makes clever use of local climatic conditions and targets modern technology, the …
Small improvements in markets like Latin America are good news for the paint and coatings market overall. Paint and coatings demand slowed last year as the regional economy shrank by 1.1 percent, but this year, international analysts predict a recovery to 1.3 percent real growth, led by several individual countries.
Asia is the world's leading paint and coatings market The Asia-Pacific region constitutes the largest paint and coatings industry worldwide, with a market share of 45 percent in 2022. The region's ...
By George R. Pilcher, The ChemQuest Group, Inc. Much has happened since last year, when I last addressed the State of the U.S. Paint and Coatings Industry in the August 2020 issue of CoatingsTech.At that time, I indicated that no one other than the most committed optimist would predict anything better for 2020 than a global economy suffering from a …
The Mexican paints and coatings market size has been estimated at USD 3,416.43 million in 2023, and it is expected to reach USD 4,315.79 million by 2028, witnessing a CAGR …
CoatingsTech contributors and experts from industry and research groups discuss paint and coatings technologies to watch for in 2021. MENU MENU. Member Center ... Meier, Evonik: Currently, Evonik's Coating Additives business line is focused on research areas related to addressing the performance gaps our customers are seeing as solvents are ...
A second development that has profoundly impacted the R&D approach in today's paint industry is the concept of open innovation, according to Sharon Feng, director of science and technology at PPG. "Instead of heavily relying on internal resources and expertise, companies have realized that leveraging the brain power outside the four walls ...
Based in Mexico, our Comex brand leads the way in setting color trends that captivate. ... PPG's research and development experts have created coatings that have made products better across nearly every industry, from food and beverage, to cosmetics and personal care, to paints and chemicals. Learn More. Protective & Marine Coatings
The Mexico paints and coatings market size reached around USD 3,500.5 million in 2023. The market is estimated to grow at a CAGR of 5.3% during 2024-2032 to reach a value …
Paints & Coatings in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights - The paints & …
AkzoNobel Aerospace Coatings is expanding its distribution network by partnering with HiscoMex, a distributor in Mexico. AkzoNobel is now its preferred paint line. "The aerospace industry in Mexico has experienced tremendous growth over the last few years, turning it into a key market for the global industry," said Tami Swearingin, …
The estimated $9.2 billion Latin American market for paint and coatings is in rebound mode, expanding again this year a few percentage points faster than overall …