The report provides a comprehensive analysis of segments in the Architectural Coatings Market, covering all the major regions and countries. The major regions analyzed in the study are North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The report also includes additional information about other factors such as drivers, restraints and challenges faced by this market along with an overview for each mentioned segment in the study.
An overview of the “Architectural Coatings Market” the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
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Global Architectural Coatings Market is valued at approximately USD 75.03 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.9% over the forecast period 2022-2028.
Architectural coatings are paint that is used on the interiors and exteriors of buildings, which are also known as external masonry coatings and exterior wall coatings. The flourishing demand from the construction industry, rising demand for durable coatings with better performance and aesthetics, and growing adoption of environmentally-friendly coating systems are several prominent factors fueling the demand for architectural coatings in the global market. For instance, as per Statista, the construction industry spending is growing in 2017, the worldwide construction spending worth to be around USD10.9 trillion which is projected to rise and reach USD 12.5 trillion by 2030.
Therefore, the increasing expenditure on construction activities is fueling the demand for architectural coatings, which accelerates market growth around the world. However, the imposition of stringent and time-consuming regulatory policies and fluctuation in the cost of the raw materials impede the growth of the market over the forecast period of 2022-2028. Also, growing investments in emerging markets and increasing trends for the adoption of green and environment-friendly products are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Architectural Coatings Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growth of the construction sector, along with the economic development. Whereas, Europe is anticipated to exhibit a considerable growth rate over the forecast period 2022-2028. Factors such as the increasing investments in infrastructural development activities, as well as, the rising adoption of green and environmentally friendly coatings, would create lucrative growth prospects for the Architectural Coatings Market across the European region.
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Major market players included in this report are:
- PPG Industries, Inc.
- Akzo Nobel N.V.
- The Sherwin-Williams Company
- Kansai Paints Co., Ltd.
- Asian Paints Limited
- Nippon Paint Holdings Co., Ltd.
- BASF SE
- Masco Corporation
- Jotun Group
- RPM International Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Resin Type:
Acrylic
Alkyd
Vinyl
Polyurethane
Others
By Technology:
Waterborne
Solventborne
Powder Coating
By Application:
Residential
Non-Residential
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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