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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 Investment Chapter

The Paint Manufacturing industry is characterized by a moderate level of capital intensity, justified by the highly automated production process most participants use. This automation has increased in recent years as companies have been forced to adopt efficiency-improving measures in the face of a highly competitive environment and increasingly stringent environmental controls. On average, industry firms spend about $0.16 on capital for every dollar spent on labor. However, as operators continue to shift their focus to product research and development over the next five years, wage costs will increase in line with the rising level of skilled labor... 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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