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Below are some of the key findings from the architectural coatings market research report
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Increasing demand for waterborne coatings is a key factor driving the growth of architectural coatings market. Waterborne coatings exhibit low toxicity and flammability because of reduced emissions of VOC and HAP emissions. Few advantages of architectural coatings are that they have excellent adhesion and are abrasion resistant. Further, they aid in reducing the overall cost when compared with solvent-borne coatings as there is less or no requirement for additional additives, thinners or hardeners. These coatings are also known to have a long pot life, allowing the preservation of waterborne coatings for future use. Additionally, in cases where the solvent-borne coating reacts with the substrate, waterborne coatings are an ideal choice. The maintenance of paint guns used for waterborne coatings is trouble-free since water or water-based solutions can be used for cleaning purposes.
Introduction of fluoropolymer topcoats will be a major architectural coating market trend that will gain traction in the coming years. The durability of commercial coatings is a vital challenge for vendors in the market. Thus, vendors are focusing on the introduction of products for commercial applications such as facades. Fluoropolymer topcoats provide an extended service life of 15-30 years as compared with that of polyurethane coatings (5-10 years). Fluoropolymer facade coatings demonstrate superior mechanical properties and weather resistance. There has been continual innovation in this technology as vendors have increased their expenditure on R&D to develop high-performance coatings. The increase in the preference for fluoropolymer topcoats is expected to drive the market to grow at a CAGR over 7% during the forecast period.
The architectural coatings market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this architectural coating industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period. Architectural coatings market is witnessing high demand, owing to rapid urbanization in emerging countries such as China and India
The acrylic resin segment will account for the largest architectural coating market share. Additionally, the report also provides an accurate prediction of the contribution of the various resin type segments to the growth of the architectural coatings market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY RESIN TYPE
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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