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.


Industry Threats & Opportunities

  • Economic recovery and increasing manufacturing activity have helped boost paint sales
  • Operators have altered their current business procedures to correspond with new laws
  • Profit margins are projected to remain tight due to volatile raw material costs

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    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...

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    Industry Report - Industry SWOT Analysis Chapter

    The industry is in the mature phase of its life cycle because of its low growth rate, product saturation, market acceptance and acquisition activity. After a bad patch during the recession, the industry began to recover early in this decade and will continue to strengthen throughout much of the 10 years to 2021. Industry value added (IVA), which measures an industry's overall contribution to the economy, is expected to increase at an annualized 3.0% from 2011 to 2021, which is higher than the expected annualized GDP growth rate of 2.1% over the same period.

    The existence of clearly segmented product groups and user industries, as well as the fairly stable nature of industry products, brands and ownership also indicate a mature industry. For..

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    Additional Insights for the Paint Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Paint Manufacturing Industry are

  • Control of distribution arrangements
  • Effective cost controls
  • Access to niche markets
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Value of construction in the Paint Manufacturing industry impact industry performance..

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    Industry Products

    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 and paint thinners and removers. This industry does not manufacture artist’s paint (see IBISWorld report 33994, Art and Office Supply Manufacturing).

    Industry Products
    Architectural coatings
    Industrial coatings (incl. for OEM)
    Special-purpose coatings
    Industry Activities
    Manufacturing architectural coatings
    Manufacturing enamel paints and latex paints
    Manufacturing epoxy coatings made from purchased resins
    Manufacturing industrial product finishes and coatings
    Manufacturing paint thinner and reducer preparations, paintbrush cleaners and paint and varnish removers
    Manufacturing 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

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Value of construction
  • World price of crude oil
  • Trade-weighted index

  • Current Performance
  • Shifting demand
  • Rising costs
  • Legislative difficulties
  • Consolidation rises
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand recovery
  • Efficiency gains and consolidation
  • Table: Paint Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Paint Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Construction
  • Car & Automobile Manufacturing
  • SUV & Light Truck Manufacturing
  • Paint Wholesaling
  • Paint Stores
  • Interior Designers
  • Industrial Designers

  • Key Selling Industries
  • Dye & Pigment Manufacturing
  • Inorganic Chemical Manufacturing

  • Products & Services
  • Architectural coatings
  • Industrial coatings (incl. for OEM)
  • Special-purpose coatings
  • Other
  • Chart: Paint Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Industrial
  • Professional consumers
  • Exports
  • Do-it-yourself consumers
  • Chart: Major Market Segmentation for the Paint Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Paint Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Paint Manufacturing Industry

  • Industry Globalization
    Major Companies
    PPG Industries Inc.Sherwin-Williams Co.Valspar Corp.Masco Corp.
  • Table: PPG Industries Inc. - financial performance
  • Table: Sherwin-Williams Co. - financial performance
  • Table: Valspar Corp. - financial performance
  • Table: Masco Corp. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Paint Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Paint Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • World Price of Crude Oil (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
  • A covering that is applied to the surface of an object (substrate) that can be applied as a liquid, gas or solid.
  • Do-It-Yourself (Diy)
  • Building, modifying or repairing something without the aid of experts or professionals.
  • E-Commerce
  • The buying and selling of products or services over electronic systems, such as the internet and other computer networks. Businesses engaged in e-commerce are often called e-tailers.
  • Filler
  • A special type of pigment used to thicken the film, support the structure or increase the volume of paint.
  • Original Equipment Manufacturer (Oem)
  • A company that manufactures products or components that a company purchases and retails under the purchasing company's brand name.
  • Pigment
  • A granular solid incorporated into paint to add color, texture or toughness.
  • Volatile Organic Compound (Voc)
  • A chemical compound that can emit vapors that are potentially harmful to the environment and humans.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Paint Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Paint Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Paint Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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