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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

IBISWorld’s Paint Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Industry Analysis Chapter

Paint manufacturers rely on the construction and manufacturing sectors to buy products. Therefore, when downstream demand changed in the wake of the economic recession, the industry was negatively affected. Moreover, rising input costs (including the price of crude oil) and tight government regulation have put pressure on profit margins and will likely limit 2014 revenue growth to just 0.1%. Nonetheless, paint manufacturers have benefited from the recovery of downstream housing and manufactured goods markets, with the industry's 2009 lows having provided a basis for robust growth since then. In the five years to 2014, revenue for the Paint Manufacturing industry is expected to increase an estimated 2.5% per year on average to $25.3 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 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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