Painting Tools Market Size, Drivers, Opportunities, Top Companies, Trends, Challenges, & Forecast 2022
The
Global Painting
Tools Market is expected to
display amicable growth in forthcoming period. The painting tools are hand-held
tools used in simplifying entire task of painting with each tool cut out for a
designated role and with inclusion of new set of tools, market is ripe for growth,
adding a new dimension to the market.
The
painting tools market is expected to display prolific growth in forecast period
with entire credit to urbanization and high infrastructure spending catapulting
growth in painting tools industry. Increasing government spends on tourism,
building restorations and growth in retail markets has boosted market growth in
painting tools industry. Population growth, foreign direct investments and
rapid industrialization has enhanced painting market in developing economies.
Automotives
have seen rising demand for nimble components and paints industry has witnessed
consequential growth in industry driving markets for painting tools market. A
growth in demand for wall textures that are corrosion resistant, artful and
colorful will augment growth in paint industry. Contemporary paint wizards such
as architectural types and modern coatings will spruce up wall exteriors in
commercial buildings memorably enhancing building aesthetics.
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Consumer
electronics segment becomes more affordable because of purchasing parity and
increasing use of coatings on consumer goods thereby lending growth to painting
tools market driving market growth. Limitations due to excessively priced
painting tools including spray guns and sanding tools and restrictive awareness
levels have hindered growth in this industry.
Segmentation
of painting tools market by product type includes brushers, scrapers, rollers,
knives, spray guns, trays and masking tapes. Segmentation of this market by
application includes construction, appliances, automotive, industrial equipment
and machinery, furniture and packaging. The construction sector is further
classified into residential, industrial and commercial.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Painting Tools in these regions, from 2012 to
2022 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Painting Tools market competition
by top manufacturers, with production, price, revenue (value) and market share
for each manufacturer; the top players including
•
Gordon Brush
•
Mill-Rose Company
•
Braun Brush
•
Technochem Industries
•
Richard Tools
•
Purdy
•
PETA Decorating
•
Anderson Products
•
Milton Brushware
•
Asian Paints
By
geographical regions, segmentation includes North America, Europe, Asia
Pacific, MEA and Latin America. Asia Pacific is indicating supremacy in growth
of this market with rapid constructions undertaken in China on an ever-rising
scale. India emerges as world’s largest developing economy with painting tools
cornering a growing demand in residential buildings and penetrating market
growth.
The
key players in the painting tools industry include Mill-Rose Company, Gordon
Brush, Braun Brush, Anderson Products, Purdy, Milton Brushware, USA Tools,
Allway Tools, Richard Tools, Epos Egypt, Harbor freight Tools, Shawky Brush and
Roller Factory, Nour Egypt, Dura Paints, MAAN, Nespoli Group, and Makinah.
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