Global Architectural Coatings Market 2018-2022

Below are some of the key findings from the architectural coatings market research report

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Global architectural coatings industry overview

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.

Top architectural coatings companies covered in this market research report

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:

• BASF
• DowDuPont
• Nuplex Industries
• PPG Industries
• The Sherwin-Williams

Architectural coatings market segmentation based on geographic regions

• Americas
• APAC
• EMEA

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

Architectural coatings market segmentation based on resin type

• Acrylic
• Alkyd
• Epoxy
• Polyurethane
• Polyester
• Other

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.

Key highlights of the global architectural coatings market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the architectural coatings market during the next five years
• Precise estimation of the global architectural coatings market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the architectural coatings industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of architectural coatings companies

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