Architectural Coatings Market Share | 2021 Including Growth Factors, Regional Analysis, Key Players and Forecasts to 2028

0
362

Architectural coatings are applied on buildings and houses to protect them against adhesion, wettability, corrosion and extreme weather conditions. They aid in raising the aesthetic quotient in buildings while reducing maintenance cost considerably. The global architectural coatings market is expected to exhibit rapid growth and scale a significant valuation over the forecast period of 2021-2028, asserts Market Research Future (MRFR) in a detailed study.

Get Sample @ https://www.marketresearchfuture.com/sample_request/4753

The burgeoning construction industry along with growing demand for protective and waterproofing materials in areas having extreme weather conditions are driving the growth of the global architectural coatings market.

Regulations pertaining to VOC (Volatile Organic Compound) emissions in numerous countries is likely to push the demand for water borne architecture coatings over the forecast period which is a key factor enhancing the growth of the market. 

The governments in various countries have endeavored towards the extension of urban territories to cater to the lodging needs of the booming population. Besides, rising affluence of consumers has led to an increase in renovation and refurbishment activities which is supporting the growth of the market.

Other notable factors fostering market growth include surging interest in interior decoration, increasing per capita income in emerging economies and fast-track urbanization.

Segmentation

The global Architectural Coatings Market Share has been segmented based on type, application, and technology.

By type, the global architectural coatings market has been segmented into acrylic, epoxy, polyurethane, polyester, and others. The acrylic coatings segment is expected to witness rapid growth over the forecast period. Owing to superior properties such as adhesion to non-porous surfaces, durability, good storage, and improved solubility, acrylic coatings find major application in building and construction, automotive, marine, aerospace, and other end-user industries. The epoxy coatings segment is expected to witness tremendous growth over the forecast period. Epoxy coatings have lower VOC content and low volatility which makes them highly desirable in the backdrop of growing concern regarding the use of environmentally friendly compounds.

By application, the global architectural coatings market has been segmented into residential, non-residential, and others.

By technology, the global architectural coatings Market Expansion has been segmented into water borne and solvent borne technology.

Competitive Landscape

Nippon Paint Co Ltd (Japan), AkzoNobel N.V. (the Netherlands), PPG Industries Inc. (the U.S.), Asian Paints Ltd (India), The Valspar Corporation (the U.S.), BASF Coatings GmbH (Germany), RPM International Inc. (the U.S.), The Sherwin-William Company (the U.S.), Kansai Paint Co., Ltd (Japan), and Kelly-Moore Paint Company, Inc. (the U.S.) are notable players in the global architectural coatings market.

Regional Analysis

By region, the global architectural coatings market has been segmented into North America, Latin America, Europe, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW).

APAC is currently dominating the global architectural coatings market on account of considerable rise in a number of reclamation and developmental activities in the region. The high influx of investment and growing interest in beautification in both residential and non-residential sector is driving the market growth majorly.

North America market is driven by constructional activities picking up the pace in the region. Government investment in building and construction and presence of high-income group consumers in the region. Regulations laid down by the US E.P.A. on manufacturing of coatings to curb air pollution is expected to result in increased demand for epoxy coatings in the region.

Europe market is expected to witness a decline in the sales of architectural coatings. Elevating price of raw materials paired with a thriving market for alternative coatings in the region can undermine the market growth. However, the outlook can be positive due to government investments at regional levels.

Unstable economic conditions in Latin America have affected the growth of the paints and coatings market adversely.

Sponsor
πŸ“’ System Update: Sharkbow Marketplace is Now Open!

We are excited to announce the **launch of the Sharkbow Marketplace!** πŸŽ‰ Now you can:

  • πŸ›οΈ List and sell your products – Open your own store easily.
  • πŸ“¦ Manage orders effortlessly – Track sales and communicate with buyers.
  • πŸš€ Reach thousands of buyers – Expand your business with ease.

Start selling today and grow your online business on Sharkbow! πŸ›’

Open Your Store πŸš€ βœ–
Zoeken
Sponsor

πŸš€ What Can You Do on Sharkbow?

Sharkbow.com gives you endless possibilities! Explore these powerful features and start creating today:

  • πŸ“ Create Posts – Share your thoughts with the world.
  • 🎬 Create Reels – Short videos that capture big moments.
  • πŸ“Ί Create Watch Videos – Upload long-form content for your audience.
  • πŸ“ Write Blogs – Share stories, insights, and experiences.
  • πŸ›οΈ Sell Products – Launch and manage your online store.
  • πŸ“£ Create Pages – Build your brand, business, or project.
  • πŸŽ‰ Create Events – Plan and promote your upcoming events.
  • πŸ‘₯ Create Groups – Connect and build communities.
  • ⏳ Create Stories – Share 24-hour disappearing updates.

Join Sharkbow today and make the most out of these features! πŸš€

Start Creating Now πŸš€
CategorieΓ«n
Read More
Other
High Barrier Packaging Films Market, Size Overview and Investment Analysis Report Till 2030
Introduction : In the realm of packaging, preserving the quality and extending the shelf life of...
By Ganesh Mhetre 2023-06-27 09:01:46 0 332
Health
Dental Bone Graft Market Revenue, Shares, Demand, Trend, Analysis and Forecasts To 2030
Dental Bone Graft Market – Synopsis Dental Bone Graft helps to support the socket a tooth...
By Diksha Pote 2023-06-09 07:53:51 0 329
Other
OBU (On Board Units) Market Is Expected to Display a Steady Growth Of 15% Due to Growing Demand for Electronic Toll Collection Systems| UnivDatos Market Insights
According to a new report published by UnivDatos Markets Insights, the OBU Market is expected to...
By Neha Jagtap 2023-06-10 09:33:59 0 352
Other
Sodium-Ion Battery Market Growth and Current Trend Status, Segmentation, Forecast 2026
The global Sodium-Ion Battery Market surpassed USD 540 million in 2018 and is projected...
By Shaw Melody 2023-04-13 03:53:59 0 309
Other
Umrah Package from Kolkata
Umrah Package from Kolkata Are you preparing for Umrah pilgrimage from india? Sarvar Umrah...
By Patrick Harris 2023-07-17 10:13:52 0 452