The global construction paints and coatings market has also been witnessing the increased competition among major vendors. TechNavio's analysts forecast the Global Construction Paints and Coatings market to grow at a CAGR of 7.16 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in civil construction activities across the globe. However, the lack of effective product differentiation could pose a challenge to the growth of this market.
TechNavio's report, the Global Construction Paints and Coatings Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and EMEA regions, and the Americas; it also covers the Global Construction Paints and Coatings market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are Akzo Nobel NV, PPG Industries Inc., The Sherwin-Williams Co., E. I. du Pont de Nemours and Co., and The Valspar Corp.
Other vendors mentioned in the report are BASF SE, Kansai Paint Co. Ltd., Nippon Paint Co. Ltd., Jotun A/S, Asian Paints Ltd., and 3M Co.