Acrylic Surface Coating Market by Type, Technology, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 188 SKU: IRTNTR46640

Acrylic Surface Coating Market Forecast 2023-2027

The acrylic surface coating market size is estimated to grow by USD 17,093.84 million at a CAGR of 7.02% between 2022 and 2027. The growth of the market depends on several factors, including the growth of the real estate and construction industry, the rapid automotive industry growth driving demand, and the increasing preference for acrylic-based powder coating.

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Acrylic Surface Coating Market During the Forecast Period?

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Market Dynamics

The growth of the real estate and construction industry is notably driving the market growth, although factors such as the volatility in raw material prices may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The growth of the real estate and construction industry is notably driving the growth. The rise of the global real estate and construction industry has increased the number of office spaces, commercial facilities, and residential properties. This has increased the demand which is widely preferred and used as architectural coatings for architectural and structural applications. Rapid urbanization and heavy investment in infrastructure development are driving the growth of the construction industry in developing countries.

The highly reflective and seamless properties make them preferred for construction applications. They allows the roof to shrink and expand, preventing water ingress during thermal expansion and contraction. The high durability and reflectivity of acrylic surface coatings make them a cost-effective, high-value investment. The highly reflective properties of acrylic coatings help reduce indoor temperatures and reduce energy consumption in air conditioning systems. The world's urban population is projected to grow by 65-70% by 2050, thereby increasing the demand for quality infrastructure and residential and non-residential buildings. As a result of these factors, the growth of the global market will increase during the forecast period. 

Significant Trends

The growing adoption of UV-curable coatings is the primary trend shaping the global market. UV curable coatings offer high performance and benefit from faster assembly on the assembly line. The focus on R&D for the development of UV curable coatings is a positive development for the global market. Bender has been researching and developing his UV-curable acrylic coatings that are scratch and scratch-resistant. BASF SE offers various multifunctional polyol intermediates for the production of UV-curable acrylic monomers and oligomers, which are then used in UV-curable acrylic surface coatings. UV curable coatings currently occupy a nominal share of the global paints and coatings market. However, its use is projected to increase during the forecast period as more automakers adopt the technology.

Regulatory agencies such as the US Environmental Protection Agency and the Chinese Environmental Protection Agency have introduced strict regulations to combat the harmful effects of VOC emissions. These regulations force manufacturers to develop eco-friendly coating products. Therefore, UV-curable and water-based coatings made from environmentally friendly natural raw materials are gaining importance in the market. Durability, versatility, appearance, and excellent weather ability have made UV-curable acrylic surface coatings increasingly preferred. All these factors are expected to support the growth of the global market during the forecast period.  

Major Market Challenge

Volatility in raw material prices is a major challenge impeding the growth of the global market. The prices of the raw materials used to manufacture are highly unpredictable. This is mainly due to oil prices and high dependence on natural forest products. A variety of substrates, including acrylic resins and additives, are commonly used in the production. The price volatility of petroleum-based raw materials and increasing demand for products in emerging markets are hindering the growth of the global market.

Large fluctuations in world crude oil prices are caused by systematic imbalances between supply and demand in the global crude oil market. Some of the widely used raw materials for the production of acrylic surface coatings are petroleum derivatives. Fluctuations in raw material prices create unpredictability in the market, negatively impacting production costs and reducing supplier profit margins. Therefore, fluctuations in crude oil prices are expected to have a negative impact on the growth of the global market during the forecast period. 

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Acrylic Surface Coating Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

3M Co.: The company offers 3M paint protection film sj8587, 3M surface protection film 3952, and Scotchgard surface protection film 2200.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Akzo Nobel NV
  • Arkema Group
  • Asian Paints Ltd.
  • Axalta Coating Systems Ltd.
  • BASF SE
  • Berger Paints India Ltd.
  • Berkshire Hathaway Inc.
  • Brillux GmbH and Co. KG
  • Chemilac Paints Pvt Ltd
  • Dunn Edwards Corp.
  • Jesons Industries Ltd
  • Jotun AS
  • Nippon Paint Holdings Co. Ltd.
  • PPG Industries Inc.
  • RPM International Inc.
  • Sika AG
  • The Karnak Corp.
  • The Sherwin Williams Co.
  • Dow Chemical Co.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

The market share growth by the construction segment will be significant during the forecast period. They are becoming more and more popular in the construction industry due to their various benefits. These coatings offer durability, weather resistance, UV protection, and a wide range of color options, making them versatile and reliable options for a variety of architectural applications.

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The construction segment was valued at USD 11,612.23 million in 2017 and continued to grow until 2021. One of the primary drivers for the adoption in the construction industry is their ability to protect buildings from external elements. Resistant to severe weather conditions such as rain, hail, and extreme temperatures, acrylic coatings are ideal for protecting buildings from damage. In addition, it exhibits excellent adhesion properties to a variety of substrates and adheres well to building exteriors. Its use in the construction industry is expected to continue to grow as more contractors recognize its benefits. Rising demand for environmentally friendly and sustainable building materials is also expected to contribute to the growth of global acrylic paints in the construction segment during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Growing infrastructure development projects and construction activities in India, China, Japan, Singapore, Thailand, Indonesia, Philippines, etc. are expected to boost the regional demand. The Asia-Pacific real estate market is growing rapidly owing to several government initiatives. For example, in June 2022, the Japanese government announced that it plans to spend USD 36 billion over the next 10 years to build new homes and renovate existing homes to make them more energy-efficient and earthquake-resistant. Therefore, concerted efforts of APAC countries to promote the housing sector are expected to increase wood consumption and increase demand for acrylic surface coatings during the forecast period.

Countries such as India and China are expected to witness a boost in demand during the forecast period due to the growth of the construction industry. For example, in China, construction projects such as the Three George Dam, the North-South Water Transmission Project, and the Beijing Airport Expansion are expected to be completed during the forecast period. Also in India, the construction of Navi Mumbai International Airport in Mumbai, the Chenab River Railway Bridge in Jammu and Kashmir, and the Delhi-Mumbai Industrial Corridor are expected to generate strong demand.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Type Outlook (USD Million, 2017 - 2027)
    • Construction
    • Automotive
    • Furniture
    • Others
  • Technology Outlook (USD Million, 2017 - 2027)
    • Water-borne
    • Solvent-borne
    • Powder
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Argentina
      • Brazil
      • Chile

Market Analyst Overview

The Market is integral to the paint industry, offering a wide range of protective coatings and decorative coatings. Acrylic coatings are known for their corrosion resistance, UV-resistant properties, and surface adhesion, making them ideal for various coating applications.

Coating technology advancements have led to the development of acrylic coatings with enhanced durability and waterproofing capabilities. These coatings are widely used in industrial coatings for surface treatment and surface finishing. Coating materials used in acrylic surface coatings include coating additives for improved performance and coating formulation for specific application requirements. The market continues to grow as acrylic coatings gain popularity for their versatility and performance in various industries.

Acrylic Surface Coating Market Scope

Report Coverage

Details

Page number

188

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.02%

Market growth 2023-2027

USD 17,093.84 million

Market structure

Fragmented

YoY growth 2022-2023(%)

6.66

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 42%

Key countries

US, China, India, UK, and Russia

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

3M Co., Akzo Nobel NV, Arkema Group, Asian Paints Ltd., Axalta Coating Systems Ltd., BASF SE, Berger Paints India Ltd., Berkshire Hathaway Inc., Brillux GmbH and Co. KG, Chemilac Paints Pvt Ltd, Dunn Edwards Corp., Jesons Industries Ltd, Jotun AS, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., Sika AG, The Karnak Corp., The Sherwin Williams Co., and Dow Chemical Co.

Market dynamics

Parent market analysis, market  Forecasting, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global acrylic surface coating market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global acrylic surface coating market 2017 - 2021 ($ million)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.3 Technology Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Construction - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Construction - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Construction - Year-over-year growth 2022-2027 (%)
    • 6.4 Automotive - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 6.5 Furniture - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Furniture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Furniture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Furniture - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Furniture - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Type
      • Exhibit 50: Market opportunity by Type ($ million)
      • Exhibit 51: Data Table on Market opportunity by Type ($ million)

    7 Market Segmentation by Technology

    • 7.1 Market segments
      • Exhibit 52: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Technology - Market share 2022-2027 (%)
    • 7.2 Comparison by Technology
      • Exhibit 54: Chart on Comparison by Technology
      • Exhibit 55: Data Table on Comparison by Technology
    • 7.3 Water-borne - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Water-borne - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Water-borne - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Water-borne - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Water-borne - Year-over-year growth 2022-2027 (%)
    • 7.4 Solvent-borne - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Solvent-borne - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Solvent-borne - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Solvent-borne - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Solvent-borne - Year-over-year growth 2022-2027 (%)
    • 7.5 Powder - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Powder - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Powder - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Powder - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Powder - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Technology
      • Exhibit 72: Market opportunity by Technology ($ million)
      • Exhibit 73: Data Table on Market opportunity by Technology ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 Russia - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Russia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ million)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 3M Co.
              • Exhibit 127: 3M Co. - Overview
              • Exhibit 128: 3M Co. - Business segments
              • Exhibit 129: 3M Co. - Key news
              • Exhibit 130: 3M Co. - Key offerings
              • Exhibit 131: 3M Co. - Segment focus
            • 12.4 Akzo Nobel NV
              • Exhibit 132: Akzo Nobel NV - Overview
              • Exhibit 133: Akzo Nobel NV - Business segments
              • Exhibit 134: Akzo Nobel NV - Key news
              • Exhibit 135: Akzo Nobel NV - Key offerings
              • Exhibit 136: Akzo Nobel NV - Segment focus
            • 12.5 Arkema Group
              • Exhibit 137: Arkema Group - Overview
              • Exhibit 138: Arkema Group - Business segments
              • Exhibit 139: Arkema Group - Key news
              • Exhibit 140: Arkema Group - Key offerings
              • Exhibit 141: Arkema Group - Segment focus
            • 12.6 Asian Paints Ltd.
              • Exhibit 142: Asian Paints Ltd. - Overview
              • Exhibit 143: Asian Paints Ltd. - Business segments
              • Exhibit 144: Asian Paints Ltd. - Key offerings
              • Exhibit 145: Asian Paints Ltd. - Segment focus
            • 12.7 Axalta Coating Systems Ltd.
              • Exhibit 146: Axalta Coating Systems Ltd. - Overview
              • Exhibit 147: Axalta Coating Systems Ltd. - Business segments
              • Exhibit 148: Axalta Coating Systems Ltd. - Key offerings
              • Exhibit 149: Axalta Coating Systems Ltd. - Segment focus
            • 12.8 BASF SE
              • Exhibit 150: BASF SE - Overview
              • Exhibit 151: BASF SE - Business segments
              • Exhibit 152: BASF SE - Key news
              • Exhibit 153: BASF SE - Key offerings
              • Exhibit 154: BASF SE - Segment focus
            • 12.9 Berger Paints India Ltd.
              • Exhibit 155: Berger Paints India Ltd. - Overview
              • Exhibit 156: Berger Paints India Ltd. - Product / Service
              • Exhibit 157: Berger Paints India Ltd. - Key offerings
            • 12.10 Berkshire Hathaway Inc.
              • Exhibit 158: Berkshire Hathaway Inc. - Overview
              • Exhibit 159: Berkshire Hathaway Inc. - Business segments
              • Exhibit 160: Berkshire Hathaway Inc. - Key news
              • Exhibit 161: Berkshire Hathaway Inc. - Key offerings
              • Exhibit 162: Berkshire Hathaway Inc. - Segment focus
            • 12.11 Brillux GmbH and Co. KG
              • Exhibit 163: Brillux GmbH and Co. KG - Overview
              • Exhibit 164: Brillux GmbH and Co. KG - Product / Service
              • Exhibit 165: Brillux GmbH and Co. KG - Key offerings
            • 12.12 Dow Chemical Co.
              • Exhibit 166: Dow Chemical Co. - Overview
              • Exhibit 167: Dow Chemical Co. - Business segments
              • Exhibit 168: Dow Chemical Co. - Key news
              • Exhibit 169: Dow Chemical Co. - Key offerings
              • Exhibit 170: Dow Chemical Co. - Segment focus
            • 12.13 Jotun AS
              • Exhibit 171: Jotun AS - Overview
              • Exhibit 172: Jotun AS - Business segments
              • Exhibit 173: Jotun AS - Key offerings
              • Exhibit 174: Jotun AS - Segment focus
            • 12.14 Nippon Paint Holdings Co. Ltd.
              • Exhibit 175: Nippon Paint Holdings Co. Ltd. - Overview
              • Exhibit 176: Nippon Paint Holdings Co. Ltd. - Business segments
              • Exhibit 177: Nippon Paint Holdings Co. Ltd. - Key offerings
              • Exhibit 178: Nippon Paint Holdings Co. Ltd. - Segment focus
            • 12.15 PPG Industries Inc.
              • Exhibit 179: PPG Industries Inc. - Overview
              • Exhibit 180: PPG Industries Inc. - Business segments
              • Exhibit 181: PPG Industries Inc. - Key offerings
              • Exhibit 182: PPG Industries Inc. - Segment focus
            • 12.16 Sika AG
              • Exhibit 183: Sika AG - Overview
              • Exhibit 184: Sika AG - Business segments
              • Exhibit 185: Sika AG - Key news
              • Exhibit 186: Sika AG - Key offerings
              • Exhibit 187: Sika AG - Segment focus
            • 12.17 The Sherwin Williams Co.
              • Exhibit 188: The Sherwin Williams Co. - Overview
              • Exhibit 189: The Sherwin Williams Co. - Business segments
              • Exhibit 190: The Sherwin Williams Co. - Key news
              • Exhibit 191: The Sherwin Williams Co. - Key offerings
              • Exhibit 192: The Sherwin Williams Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 193: Inclusions checklist
                • Exhibit 194: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 195: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 196: Research methodology
                • Exhibit 197: Validation techniques employed for market sizing
                • Exhibit 198: Information sources
              • 13.5 List of abbreviations
                • Exhibit 199: List of abbreviations
              • in crude oil prices: The volatility of crude oil prices is one of the key challenges in the global commodity chemicals market. The volatility of crude oil prices impacts the pricing strategies and margins of adhesives, sealants, lubricants, oilfield cleaners, polymers, as well as plastic additives. The margins of the commodity chemicals are inherently dependent on the global prices of crude oil, which is one of the key raw materials. Any volatility in the prices of crude oil causes uncertainty in end-use markets and eventually influences the margins of all the key stakeholders, including the vendors in the global commodity chemicals market. These fluctuations adversely affect the profitability, cost of sales, and the ability of vendors to effectively address the demands of consumers.

                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.

                INFORMATION 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

                DATA 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

                REPORT 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

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                Key Questions Answered

                • 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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