• The paints & coatings market is estimated to reach around 60.8 million tons by volume by 2020, signifying a firm CAGR of around 5.5% between 2015 and 2020.

  • The countries such as China, India, Vietnam, and Indonesia is expected to lead the Asia-Pacific market.

  • The global market for epoxy resins was valued at $6.0 billion in 2013, and is projected to reach $9.2 billion by 2019, growing at a CAGR of 7.4% between 2014 and 2019.

  • Paints & coatings was the largest application segment accounting for over 40% of global market in 2014. High automotive coating demand, on account of increasing automobile production, is expected to drive this segment over the forecast period. Composites are expected to witness the highest growth of 7.3% from 2015 to 2022.

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