Architectural Coatings Market Research Report on Industry Dynamics With Growth Forecast To 2026


Posted August 11, 2022 by shawmelody

Reports and Data has recently published a novel research report on global Architectural Coatings Market covering current market scenario and market developments between 2018 and 2026.

 
With the expansion of infrastructure spending, rise in demand for high performing, eco friendly, and durable coating materials extensively utilized in construction components. Increasing renovation & refurbishment activities in residential, non-residential, and commercial architectures in developed nations are key factors contributing to the CAGR of architectural coatings during the forecast period.

Architectural Coatings Market Size – USD 65.0 Billion in 2018, Growth - CAGR of 4.9%, Trends – Product launches and research for advanced architectural coatings

Reports and Data has recently published a novel research report on global Architectural Coatings Market covering current market scenario and market developments between 2018 and 2026. The report offers in-depth analysis of historical and latest market trends along with revenue growth, market size, drivers, restraints, limitations and opportunities. The report is well curated using statistical methods such as SWOT analysis and Porter’s Five Force and presented using tables, graphs, charts, figures and other pictorial representations to help user understand the market dynamics. The data is collected using extensive primary and secondary research which is evaluated by experts and professionals in the industry.

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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.
The Asia Pacific region is accounted for 45.5% of the global architectural coatings market. Courtesy of increased applications of architectural coatings, rising constructional and renovation activities in China, increased demand from the furniture market in India are boosting the growth of architectural coatings market in the region.
The growth rate of the architectural coating market has been low or even negligible in some regions. Associated factors related to architectural coatings market that are hindering the growth of the architectural coatings are rising raw material cost and non-lenient environmental regulations.
Key participants include PPG Industries Inc., Akzo Nobel NV, the Sherwin-Williams Company, and Nippon Paint Holdings Co. Ltd, Kansai Paints Co., Ltd., Asian Paints Limited
To know more about the report: https://www.reportsanddata.com/report-detail/architectural-coatings-market

Market Segmentation:

By Resin Type (Revenue, USD Million) (Volume in Tons); 2016–2026)
Acrylic
Alkyd
Epoxy
Polyurethane
Polyester
Urethane
Others (PTFE, PVDF, Etc.)
By Technology (Revenue, USD Million) (Volume in Tons); 2016–2026)
Solvent Borne
Water-Borne
By Function Type (Revenue, USD Million) (Volume in Tons); 2016–2026)
Ceramics
Inks
Lacquers
Paints
Powder Coatings
Primers
Sealers
Stains
Varnishes
End-Use (Revenue, USD Million) (Volume in Tons); 2016–2026)
Residential
Commercial
Regional Outlook:

North America
S.
Canada
Mexico
Europe
Germany
K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
A.E.
South Africa
Rest of MEA
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Key questions covered in the global Architectural Coatings Market report:

What is the expected market size of the global Architectural Coatings Market during the forecast period?
What factors are expected to hamper global Architectural Coatings Market growth over the forecast period?
What key factors are expected to drive global revenue growth between 2021 and 2028?
Which application segment is expected to dominate other application segments over the forecast period?
Which region is expected to dominate in terms of revenue during the forecast period?
What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
Which leading players are operating in the global Architectural Coatings Market?
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Last Updated August 11, 2022