The Market of Architectural Coatings is projected to grow at a CAGR 3.67% growth rate during the forecast period. Increasing number of applications, technological advancements, and the growing demand in APAC together are expected to drive the architectural coatings market. Increasing investment in infrastructure, stringent environmental regulations, increased purchasing power, and the rising demand for green and environmentally friendly coatings are also leading the growth of the market.
The acrylic segment accounted for the largest share in 2017 because of its usage in major architectural coatings. Because of weathering and oxidation resistance properties, acrylics are preferred over oil-based paints, alkyds, or epoxies. Acrylics also offer protection to underlying substrate from degradation caused by exposure to rain, snow, wind, and UV light.
APAC is projected to grow at a fastest-rate, in terms of both volume and value. The Architectural coatings market in APAC is estimated to hold the largest share, in terms of both volume and value, in 2018. The market is mainly driven by the growing population and economic growth.
PPG Industries, Inc. (US), Akzo Nobel N.V. (Netherlands), The Sherwin-Williams Company (US), Kansai Paints Co., Ltd. (Japan), Asian Paints Limited (India), and Nippon Paint Holdings Co., Ltd. (Japan) are some of the key players in the Architectural Coatings Market.
Key Questions Addressed by the Report
- Where will all these developments take the industry in the mid-to-long term?
- What are the upcoming applications of Architectural coatings?
- Which segment has the potential to register the highest market share?
- What is the current competitive landscape in the Architectural coatings market in terms of new technologies, production, and sales?
- What will be the future of the Architectural coatings?
- Introduction
- Market Definition
- Study Scope
- Study Period
- Market Stakeholders
- Research Methodology
- Secondary Research
- Primary Research
- Research Design
- Data Validation
- Limitations and Assumptions
- Market Dynamics
- Drivers
- Increasing Demand From the Construction Industry
- Environmentally-Friendly Coating Systems
- Durable Coatings With Better Performance and Aesthetics
- Rising Per Capita Paint Consumption in APAC
- Challenges
- Stringent and Time-Consuming Regulatory Policies
- Opportunities
- Opportunities in Less Regulated Regions
- Investments in Emerging Markets
- Executive Summary
- Architectural Coatings Market, By Resin Type
- Acrylic resin
- Alkyd resin
- Vinyl resin
- Polyurethane resin
- others
- Architectural Coatings Market, By Technology
- Waterborne Coatings
- Solventborne Coatings
- Powder Coatings
- Architectural Coatings Market, By Coating Type
- Interior
- Exterior
- Others
- Architectural Coatings Market, By User Type
- DIY
- Professional
- Architectural Coatings Market, By Application
- Residential
- New construction
- Remodel and repaint
- Non-Residential
- Commercial
- Industrial
- Infrastructure
- Architectural Coatings Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Russia
- UK
- France
- Italy
- Spain
- Turkey
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia & New Zealand
- Indonesia
- Thailand
- Malaysia
- Rest of APAC
- MEA
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Colombia
- Rest of South America
- Company Profiles
- The Sherwinâ€Williams Company
- PPG Industries, Inc.
- Akzo Nobel N.V.
- BASF SE
- Asian Paints Limited
- Kansai Paint Co., Ltd.
- Nippon Paint Holdings Co., Ltd.
- Masco Corporation
- Jotun Group
- Other key players
- Hempel A/S
- Tikkurila OYJ
*Company introduction, financial information, recent developments, SWOT analysis
- Conclusion and Recommendations
- Appendix
- About
- Related Reports
- Glossary
