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Stain Resistant Coatings Market Overview 2018 Information by APV Engineered Coatings, The Chemours Company, BASF, Nippon Paint, Sherwin-Williams, 3M, Dow Chemical Company, DuPont, AkzoNobel, PPG Industries, Others - Forecasts to 2024
Press release from: Data Bridge Market Research
The Chemical and Materials industry is changing due to the movements of key players in the Global Stain Resistant Coatings Market. The CAGR levels are expected to rise in the forecast period of 2018-2024.
There are several systematic information in the report, like what the CAGR values are going to be in the forecast years of 2018-2024, and what the market definition, classifications, applications and market trends mean and how to use them to achieve a greater edge on the key players and brands whose company profiles are included in the report. This report also contains all the recent developments, product launches, joint ventures, merges and accusations by the top brands and players. All the way by also informing what the market drivers and restrains are with help of SWOT analysis.
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Market Definition: Global Stain Resistant Coatings Market
Stain resistant coatings hold great performance in stain resistance and release and objects coated with them are easy to clean and appear for the longer time. It has its wide application in various fields including cookware and bakeware, architectural coatings, transportation, electronics, and textile softeners and repellents. Reduced maintenance costs of the substrate, and growing key end-user industries may act as the major driver in the growth of stain resistant coatings market. On the other side, highly capital intensive may hamper the market.
Market Analysis: Global Stain Resistant Coatings Market
The Global Stain Resistant Coatings Market accounted for USD 3.23 billion in 2016 and projected to grow at a CAGR of 4.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Segmentation: Global Stain Resistant Coatings Market
• On the basis of chemistry, global stain resistant coatings market is segmented into polytetrafluoroethylene (PTFE), perfluoroalkoxy polymer (PFA), ethylene tetrafluoroethylene (ETFE), polyvinylidene fluoride (PVDF), siloxane copolymers, and others.
• On the basis of technology, the global stain resistant coatings market is segmented into water based stain resistant coating, solvent based stain resistant coatings, and others.
• On the basis of application, the global stain resistant coatings market is segmented into architectural coatings, cookware and bakeware, textile softeners and repellents, electronics, transportation, and others.
• On the basis of geography, the global stain resistant coatings market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Major Market Drivers: Global Stain Resistant Coatings Market
• Reduced maintenance costs of the substrate
• Growing key end-user industries
• Strong demand for stain resistant coatings in Asia Pacific
• Environmental sustainability
• Highly capital intensive
Competitive Landscape: Global Stain Resistant Coatings Market
The global stain resistant coatings market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors:
PPG Industries, Inc.,
Akzo Nobel N.V.,
The Dow Chemical Company,
The Sherwin-Williams Company,
Nippon Paint Holdings Co.,
Axalta Coating Systems, LLC,
The Chemours Company,
APV Engineered Coatings,
ICL Performance Products,
Tokushiki Co., Ltd,
Frequently Asked Questions:
- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Stain Resistant Coatings Market?
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