The global paints and coatings market grew to a value of $141.5 billion in 2015, with Asia-Pacific (APAC) emerging as the largest regional market and accounting for more than 55% of global market value, according to research firm MarketLine.

The coatings market remains healthy, and growth appears sustainable over the long term. BCC Research reveals in its new report that legislation is forcing the market to evolve technologically, and products and formulations could change dramatically during the forecast period.