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Acrylic Surface Coating Market by Technology and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR46640
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The acrylic surface coating market size has the potential to grow by USD 14.60 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.98%. 

This report provides a detailed analysis of the market by technology (waterborne coatings, solvent-borne coatings, powder coatings, and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

Acrylic-Surface-Coating-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • 3M Co.
  • Axalta Coating Systems Ltd.
  • BASF SE
  • Dow Inc.
  • Hempel AS
  • Jotun AS
  • Kansai Paint Co. Ltd.
  • Nippon Paint Holdings Co. Ltd.
  • PPG Industries Inc.
  • The Sherwin-Williams Co.

 

The acrylic surface coating market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the growth of the real estate and construction industry to achieve growth opportunities. However, factors such as the easy availability of substitutes will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the acrylic surface coating market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This acrylic surface coating market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Acrylic Surface Coating Market: Key Drivers and Trends

  • Factors such as rapid urbanization, increasing investments in infrastructure development, and rising global population have boosted the growth of the real estate and construction industries.
  • This has created the demand for acrylic surface coatings for both interior and exterior finishing applications.
  • Acrylic surface coatings are highly reflective and durable and help in lowering interior building temperatures and the energy consumption of air conditioners.
  • These types of surface coatings can also be easily applied on a wide range of roofing substrates such as metal, plastic, and concrete.
  • Such advantages of acrylic surface coatings will increase its adoption in the real estate and construction industry, fueling acrylic surface coating market growth during the forecast period.
  • The heat island effect increases the internal temperature of buildings by converting the absorbed infrared light of sun rays into heat.
  • This has resulted in a growing demand for solar reflective coatings that can reflect infrared radiation.
  • The long lifespan and high solar radiation reflective properties of acrylic-based solar reflective coatings have further boosted its adoption by building owners.
  • The use of solar reflective coatings also reduces the air conditioning and energy costs for building owners as it keeps buildings cooler than other non-reflective coatings.
  • Such benefits will increase the adoption of solar reflective coatings over the forecast period, which will subsequently have a positive impact on the growth of the acrylic surface coating market.

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Acrylic Surface Coating Market: Segmentation by Geography

Acrylic-Surface-Coating-Market-Market-Share-by-Region-2020-2025

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44% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for acrylic surface coating in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing infrastructure-development projects and construction activities in India, China, Japan, Singapore, Thailand, Indonesia, and the Philippines will facilitate the acrylic surface coating market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Acrylic Surface Coating Market: Segmentation by Technology

Acrylic-Surface-Coating-Market-Market-Share-by-Technology-2020-2025

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Waterborne acrylic surface coatings use water as the principal solvent to dissolve additives and resins. The use of waterborne acrylic surface coatings as base coatings is popular in applications such as building and construction, general industries, and furniture. The low VOC content of these coatings has helped ramp up their adoption in developed regions that have stringent regulations on emission levels. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the acrylic surface coating market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

 

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Acrylic Surface Coating Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive acrylic surface coating market growth during the next five years
  • Precise estimation of the acrylic surface coating market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the acrylic surface coating industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of acrylic surface coating market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • Waterborne coatings - Market size and forecast 2020-2025
    • Solvent-borne coatings - Market size and forecast 2020-2025
    • Powder coatings - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Technology

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendo landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 3M Co.
      • Axalta Coating Systems Ltd.
      • BASF SE
      • Dow Inc.
      • Hempel AS
      • Jotun AS
      • Kansai Paint Co. Ltd.
      • Nippon Paint Holdings Co. Ltd.
      • PPG Industries Inc.
      • The Sherwin-Williams Co.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      Acrylic Surface Coating market growth will increase by $14602.34 million during 2020-2025.
      The acrylic surface coating market is expected to grow at a CAGR of 6.98% during 2020-2025.
      Technavio has segmented the acrylic surface coating market by technology (Waterborne coatings, Solvent-borne coatings, Powder coatings, and Others) and geographic (APAC, North America, Europe, South America, and MEA).
      3M Co., Axalta Coating Systems Ltd., BASF SE, Dow Inc., Hempel AS, Jotun AS, Kansai Paint Co. Ltd., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., The Sherwin-Williams Co. are a few of the key vendors in the acrylic surface coating market.
      APAC will register the highest growth rate of 43.99% among the other regions. Therefore, the acrylic surface coating market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • US
      • UK
      • India
      • Russian Federation
      The key factors driving the acrylic surface coating market growth are:
      • Growth of real estate and construction industry
      The acrylic surface coating market vendors should focus on grabbing business opportunities from the waterborne coatings segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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      • Five-force market analysis

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