Paints and coatings market was estimated to reach from USD 172.22 billion in 2021 to USD 228.15 billion by 2028 & is growing at a significant CAGR of 4.1% during the forecast period. The prime factor contributing to the demand for paints & coatings is mainly the growing demand from end-use industries such as architectural, general industrial, protective, and automotive & transportation, which in turn, is driving the growth of the market.