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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 | Jul 2014

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

The Paint Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$25bn
Annual Growth 09-14
2.5%
Annual Growth 14-19
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Profit
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Employment
40,841
Businesses
798
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 - Starting a New Business Chapter

The Paint Manufacturing industry is characterized by strong brand dominance, established and comprehensive distribution networks (e.g. the Sherwin-Williams Company operates about 3,520 paint stores in the United States, Mexico and Canada) and intense competition that constrains profit margins. These characteristics pose formidable barriers to entry, as does the level of capital and technical skills that are required to establish manufacturing facilities. Growing globalization also serves to raise entry barriers as industry players compete in local and international markets in line with their customers' operations.

General barriers to entry will continue to rise as the industry undergoes further change and consolidation... 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 coatingsSpecial-purpose coatingsMiscellaneous 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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