Global Coatings Value Forecasted to Grow 4.7 Percent by 2020

The value of the global coatings industry is expected to grow 4.7 percent to $178 billion between 2015 and 2020, according to the Global Market Analysis for the Paint & Coatings Industry, published by the International Paint and Printing Ink Council.

The report also predicts the total volume of coatings in 2020 will be 13.21 billion gallons, a 4.3 percent increase compared with 2015.

The report, available for purchase for $4,500 online, provides comprehensive research on topics relevant to coatings manufacturers, end users, raw materials suppliers and other industry interests. It covers three categories of coatings: Decorative, Original Equipment Manufacturers and Special Purpose.

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