The following analysis will give an overview of the global paint and coatings market. This article provides insights into the world economic environment, the competitve landscape and raw materials. It also takes a closer look at the relevant paint and coatings segments.
The global paints and coatings industry is a mature and stable component of the world economy. Coatings demand tends to follow overall economic activity, thus a strong correlation exists between GDP per capita and coatings consumption per capita. Coatings demand exhibits significant dependence upon industrial production and construction spending.
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