2014 Annual Report of the World's Top 10 Paint and Coating Brands Companies

Due to the huge demand in the construction industry, the
of
coatings
is still growing. In 2014, global paint and coatings grew by 3.9% to 43.38 million tons, with total sales of 85 billion pounds, or about $132.3 billion. In 2014,
Building Coatings
sold 21.69 million tons, accounting for 50% of the industry's total sales, with
annual sales of
$63.504 billion, or 48% of total sales; In 2014, 14 companies sold more than $1 billion in paints and three companies sold more than $10 billion.
's growing maturity and rapid growth is largely due to the fact that the paint and coatings industry has recovered from the global recession of 2008-2009, rising by an average of 5% a year until 2018. This modest growth rate has contributed significantly to strong growth in the emerging economies of the Asia-Pacific region. In particular, consumption in China and India in the Asia-Pacific region has continued to surge since 2008, reaching about 50 per cent.
paint coatings industry can be divided into construction / decoration, industrial OEM and specialty coatings three markets. Architectural coatings are the largest part, followed by industrial coatings and specialty coatings, while industrial coatings are mainly driven by industrial production and the increase in automotive OEMs.
, the Asia-Pacific region remains the largest consumer of paint and coatings, followed by Europe, North America and Latin America. In 2014, Asia-Pacific paint sales led by 47%, with China accounting for 58% of the Asia-Pacific coatings market and India 13%, Europe being the second largest paint consumer region, accounting for 24% of global total sales, with rapid growth in Russia, Turkey and other Eastern European countries expected to grow by 2% annually, and North America and Latin America accounting for 18% and 6% of total sales in 2014, respectively.
coating manufacturers continue to introduce new and technologically advanced products on the market, and develop specific application products for customers to meet customer delivery requirements, and provide customers with technical assistance, as well as new product technologies and prices. Leading companies include Diamond Coatings, PPG, SACAL and Xuanwei, with a focus on zero VOCs (volatile organic compounds) and green coatings with particularly high customer demand.
, the largest demand for paints and coatings was for residential buildings, which accounted for about 33.1% of global demand in 2014. In 2014, the growing range of applications for green coatings and nanopassics, coupled with the growing paint coatings market in the Middle East and North Africa, is expected to open in the coming years.
water-based
are currently the main consumption of paint coatings on the market, accounting for about 40% of global demand in 2014. Solvent-based technology is the second most consumed paint and coating on the market. Solvent-based technologies and volatile organic compounds will decline during the forecast period of environmental regulations. Due to the growing demand for coatings in automotive, electronics and construction,
powder coatings are
to be the fastest growing coatings during the forecast period. In the near future, due to the higher demand for other paints and coatings, other paints and coatings, such as specialty coatings, may continue to grow steadily.
ranked among the top 10 paint brands in the world in 2014