As coatings industry technology advances, artificial intelligence plays a major role in the various developments. People must use it strategically, and be willing to invest time and effort into their attempts. When that happens, the results are so impressive that they could change the industry forever.

According to the report, the market is estimated to be valued at $160 million in 2023 and is expected to grow at a CAGR of 5.1%.

The first – titled, Top 11 Global Paints & Coatings Companies – details the growth of the top performing paint and coatings companies. The second – titled, World Market Paints & Coatings – details the global performance of the industry. According to the second report, the world market for architectural coatings grew by 0.9% in volume in the third quarter of 2022.