U.S. Paint And Coating Market. Analysis And Forecast to 2030
Update: COVID-19 Impact
Paint and Coating Market - U.S. Paint And Coating Export Growth Is Likely to Lose Its Momentum
Photo: © Yastremska / Bigstockphoto
The U.S. takes a X% share (based on USD) of exports on the paint and coating market, which put it in second place, following Germany (X%) and ahead of Japan (X%) and Italy (X%). The U.S. exported X million USD in 2015, which was X% over the previous year. U.S. paint and coating exports showed mixed dynamics from 2007 to 2015. A significant drop in 2009 was followed by steady growth through to 2015, decelerating by the end of the period. Back in 2010, U.S. paint and coating exports surpassed their pre-recession level of 2008.
As U.S. companies improved their positions on overseas markets, domestic manufacturers benefited from a new growth driver. However, as exports growth is likely to lose its momentum, that growth driver could disappear.
Canada (X%) and Mexico (X%) were the main destinations of U.S. paint and coating exports in 2015. The share exported to Mexico increased (+X percentage points), while the share sent to Canada illustrated negative dynamics (-X percentage points) from 2007 to 2015.
From 2007 to 2015, the U.S. was a net exporter of paint and coating. Moreover, exports grew faster than imports on average over the period under review. After surging in 2010, net U.S. exports of paint and coating grew gradually through to the end of the period under review. In 2015, this industry ran a significant trade surplus of X million USD.
Do you want to know more about the U.S. paint and coating market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- paint and coating market share
- paint and coating prices
- paint and coating industry
- paint and coating sales
- paint and coating market forecast
- paint and coating price forecast
- key paint and coating producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the paint and coating market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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