Paint & Coatings

US demand for paint and coatings is forecast to grow 3.8 percent annually to 1.4 billion gallons in 2019. Architecture will remain the largest market and grow the fastest. Water-based formulations will remain dominant and continue to gain market share. New technologies such as nanostructured coatings will drive future growth.This study analyzes the 1.2 billion gallon US paint and coatings industry. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by market (e.g., architectural, manufacturing, maintenance and specialty coatings), formulation (e.g., water-based, solvent-based, powder coatings) and substrate.The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 30 industry players, including Sherwin-Williams, PPG Industries, and Valspar.