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The Paints and Coatings industry consists of liquid and powder based paints, varnishes and related products used for protective and decorative, industrial, architectural, automotive and specialty purposes.
The market excludes inks, thinners and raw materials, such as pigments and solvents.
The architectural & decorative segment consists of products used in homes and buildings, such as interior and exterior paints, primers, sealers, and varnishes.
The industrial segment comprises products that are factory-applied to manufactured goods as part of the production process.
The specialty segment consists of aerosol paints, marine paints, high-performance maintenance coatings, and automotive refinish paints.