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Paint Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Paint Manufacturing Market Research Report | NAICS 32551 | Jan 2016

A fresh coat: Despite restrictive legislation, demand from key markets will spur revenue growth

IBISWorld’s Paint Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$28bn
Annual Growth 11-16
3.1%
Annual Growth 16-21
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Profit
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Employment
36,832
Businesses
2,261
Industry Analysis & Industry Trends

Demand from key markets will spur revenue growth in the coming years. Paint manufacturers are poised for recovery due to an uptick in automobile production and construction activity. However, rising input prices and competitive pressures will limit profit growth, while stricter environmental regulations will increase operating costs. Due to these trends, operators will focus on improving efficiency and increasing economies of scale... purchase to read more

Industry Report - Industry Analysis Chapter

Paint manufacturers rely on the construction and manufacturing sectors for sales. Therefore, changes in demand from these sectors in the wake of the economic recession negatively affected the industry. Moreover, tight government regulation, the appreciating dollar and fluctuating input costs have put pressure on profit margins. Despite these external threats, paint manufacturers have benefited from the recovery of downstream housing and manufactured goods markets, with the industry’s recessionary lows providing a basis for robust growth. In the five years to 2016, revenue for the Paint Manufacturing industry is expected to increase an annualized 3.1% to $28.1 billion... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Paint Manufacturing Industry?

This industry manufactures various paints, timber finishes and other surface coating products to decorate and protect surfaces against wear, weather and corrosion. Key products include paints, varnishes, lacquers and stains, as well as fillers, putties, paint thinners and removers. This industry does not manufacture artist's paint (see IBISWorld report 33994, Art and Office Supply Manufacturing).

Industry Products
Architectural coatingsIndustrial coatings (incl. for OEM)Special-purpose coatings
 
Industry Activities
Manufacturing architectural coatings Manufacturing enamel paints and latex paintsManufacturing epoxy coatings made from purchased resinsManufacturing industrial product finishes and coatingsManufacturing paint thinner and reducer preparations, paintbrush cleaners and paint and varnish removersManufacturing polyurethane coatings Manufacturing powder coatings Manufacturing varnishes, lacquers, shellac and stains Manufacturing water repellant coatings for wood, concrete and masonry Manufacturing wood fillers, primers and putty


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