An extensive study of the product application and services conducted by subject matter experts assessing the Architectural Coatings market will help product owners to make a wise decision.
New York, United States – June 5, 2020 /MarketersMedia/ —
The architectural coatings market is on the rise, due to increasing applications, technological advancements, and the growing demand for coatings that makes substance, to which it is applied more durable, boost its weathering performance with dynamic mechanical properties, such as improved corrosion resistance and improved flexibility. Growth of construction industry, increase in investments for infrastructure maintenance, Increasing renovation and refurbishment activities, rise in the demand of high performing, eco-friendly and durable coating materials for construction components are the primary drivers of the architectural coatings market.
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Influential participants of the Global Architectural Coatings Market:
PPG Industries Inc., Akzo Nobel NV, the Sherwin-Williams Company, and Nippon Paint Holdings Co. Ltd, Kansai Paints Co., Ltd., Asian Paints Limited
Rising constructional activities and infrastructural spending, growing demand for fireproofing and waterproofing materials in construction industries are escalating the need for architectural coatings in the China and other APAC countries like South Korea, Indonesia, Singapore, and India. In India especially growth is majorly due to the rising demand for architectural coatings from the furniture sector.
This Architectural Coatings market report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2020 to 2026.
Market segmentation by Types –
• Acrylic
• Alkyd
• Epoxy
• Polyurethane
• Polyester
• Urethane
• Others (PTFE, PVDF, Etc.)
Market segmentation by Applications –
• Residential
• Commercial
Reasons to buy the report:
• Understand the drivers, restraints, opportunities, and trends that impact the overall growth of the Architectural Coatings market.
• Learn about the manufacturing techniques of Architectural Coatings in brief.
• Figure out the positive and negative factors impacting product sales.
Analytical Insights included in the report
• Estimated revenue growth of the Architectural Coatings market during the forecast period
• Factors expected to aid the growth of the market
• The growth potential of the market in various regions
• Consumption, pricing structure, and adoption pattern of Architectural Coatings
• Company profiles of leading players in the market
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Architectural Coatings Market Segmentation Assessment:
The growth prospects of the Architectural Coatings market in various regions are thoroughly analyzed in the report along with vital information such as the regulatory framework, political, and economic outlook of each region.
Critical Insights derived in the report:
• Accurate representation of this projected expansion of this global Architectural Coatings marketplace during the forecast period
• Analysis of the marketing, advertising, promotional approaches embraced by market players from the marketplace
• Assessment of this Worldwide presence of different players from the marketplace
• An in-depth analysis of the supply-demand tendencies in different areas
• Manufacturing/production capacities of players operating in the Architectural Coatings marketplace
Competitive landscape and key product segments
The Architectural Coatings market report focuses on major growth trajectories such as drivers, restraints, challenges, and opportunities that will have a significant impact on the incontinence devices market growth in the forecast duration.
Further key findings from the report suggest
• Architectural coating Market is growing at a CAGR of 1% in the Asia Pacific, followed by North America and Europe, with 6.1 % and 6.0% CAGR, respectively. Increased constructional and infra spending across the globe is the key factor to accelerate the market growth during forecast period across all regions.
• As of 2018, Acrylic is the dominating architectural coatings which holds 31.4% of the global market. Asia-Pacific region’s regional market is the chief revenue-generating source for this product segment, followed by North America and Europe region.
• Ceramics segment is expected to be the fastest-growing market segment by function type during the forecast period 2019-2026 with a CAGR of 6.0%. However, associated regulations and high raw material cost are significant challenges for the market growth of this market segment.
• Inks and paints segment (that includes Ceramics, Lacquers, and Powder Coatings, etc.) was valued at USD 38.9 billion and is expected to reach USD 56.9 billion by 2026.
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