Below are some of the key findings from the stain-resistant coatings market research report
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Global Stain-resistant coatings industry overview
The increasing demand for waterborne stain-resistant coatings is one of the major factors driving the global stain-resistant coatings market growth. Waterborne stain-resistant coatings contain lower levels of hazardous chemicals and VOCs. In addition, they do not require thinners or hardeners and additives. They are extensively used in medical and healthcare, textiles, and constructions and building applications. Their demand will continue to increase as they are cost-effective and more environment-friendly as compared to other coatings. This, in turn, will drive the overall stain-resistant coatings market growth.
The growing emphasis on nanocoating is one of the key stain-resistant coatings market trends. Nanocoating is an advanced version of anti-fogging coatings and works on various substrates including glass, fiber, ceramic, and textile. It is, therefore, ideal for the construction sector. Nanocoating is widely used in the textile industry as well. Growing investment in R&D for the development of newer technologies like waterborne nanocoating will make nanocoating more mainstream in the protective coatings market. The stain-resistant coatings market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 5% during the forecast period.
Top stain-resistant coatings companies covered in this market research report
The stain-resistant coatings market is moderately fragmented and growing steadily. To gain a larger share in the resistant coatings market, the industry players are investing significantly in R&D activities to meet the evolving needs of the end-user industries. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this stain-resistant coatings 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:
- 3M
- Akzo Nobel
- BASF
- DowDuPont
- PPG Industries
Stain-resistant coatings market segmentation based on geographic regions
Global stain-resistant coatings market analysis reveals that the APAC region will lead the stain-resistant coatings market share until 2023. The EMEA region will account for the highest stain-resistant coatings market growth throughout the forecast period.
Stain-resistant coatings market segmentation based on type
- Solvent-borne stain-resistant coatings
- Waterborne stain-resistant coatings
The solvent-borne stain-resistant coatings will hold the largest stain-resistant coatings market share during the forecast period. Waterborne stain-resistant coatings will account for the highest stain-resistant coatings market growth. Additionally, the report also provides an accurate prediction of the contribution of the various product types to the growth of the stain-resistant coatings market size.
Key highlights of the global stain-resistant coatings market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the stain-resistant coatings market during the next five years
- Precise estimation of the global stain-resistant coatings market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the stain-resistant 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 stain-resistant coatings companies
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