Press release
Architectural Coatings Market Emphasizing on advancements 2025
Read Report Overview @
https://www.transparencymarketresearch.com/architectural-coating-market.html
In the next few years, while the number of new companies is expected to rise in the market, which are most likely to focus on developments in the field of water-based products, the intensity of competition is expected to soar. Nevertheless, emerging economies will provide promising growth opportunities as the rising population of affluent middle-class people increasingly invests in renovation activities.
According to the report, the global architectural coatings market was valued at US$53,264.4 mn in 2016. The market is estimated to reach US$87,500.4 mn by 2025, expanding at a CAGR of 5.7% between 2017 and 2025.
Thriving Residential Construction Sector in Emerging Economies to Keep Asia Pacific Market Lucrative
In terms of market share as well as growth potential, Asia Pacific dominated the global architectural coatings market in 2016, contributing a significant market share of revenue. In the next few years as well, Asia Pacific is likely to remain an attractive market for architectural coatings owing to the rising demand for attractive furniture and maintenance and repair of the same. Of the key varieties of resins used to manufacture architectural coatings, the consumption of alkyd is declining because of several VOC regulations imposed across a number of countries coupled with the availability of alternate coatings. Solvent-based alkyds are being rapidly replaced with water-based emulsions owing to their low odor and low threat of volatile organic compounds.
Water-based Products to Remain in High Demand as Environment Protection Regulations Become Stricter
Demand for architectural coatings is primarily driven by the rising requirement for new buildings in the non-residential sector and renovation activities across the globe. Furthermore, the rising need for sustainable products in interior applications and the increased demand for low-odor and higher durability coatings is boosting the demand for architectural coatings with low VOC emissions. Growth in the architectural coatings market is also expected to be fuelled by the increasing number of new housing construction.
Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19343
Growth will be supported by increase in the residential maintenance activities, which usually involve recoating existing structures. Increasing public awareness regarding coatings with low volatile organic compounds and the implementation of safety regulations are factors that significantly contribute to the growth of the architectural coatings market. Increasing disposable incomes in emerging economies are also expected to add to the global demand for architectural coatings in the next few years.
This review of the global architectural coatings market is based on a recent market research report by Transparency Market Research, titled “Architectural Coatings Market (Resin - Vinyl/Styrene, Acrylics, Alkyds, and Polyurethane; Technology - Water-based and Solvent-based; End-User: Residential (New Building, Reconstruction) and Non-Residential (New Building, Reconstruction)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 - 2025.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Architectural Coatings Market Emphasizing on advancements 2025 here
News-ID: 1226370 • Views: …
More Releases from Transparency Market Research Reports
High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction
Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,…
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control…
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights
The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers.
The demand for crude oil is increasing…
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction
In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027
Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon…
More Releases for Architectural
Architectural Hardware Market
According to a new report published by Allied Market Research, titled, " Architectural Hardware Market by Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global architectural hardware market size was valued at $15.9 billion in 2018, and is projected to reach $23.2 billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. Architectural hardware is a type of hardware that includes doors, windows,…
Architectural Guide Moon
Mankind first reached the moon on July 21, 1969. This celestial body had always been a place of longing for earth's inhabitants but this date really set things in motion. Luna, Ranger and Apollo - these and all of the other missions that followed contributed to the fact that we can now seriously consider settling on the moon - and in a manner that is quite different from the…
Architectural Guide Monterrey
Monterrey is known as ‘the city of the mountains’, in reference to its privileged location at the foothills of the Sierra Madre. The city, founded in the north-east of Mexico in 1596, remained dormant until the turn of the 20th century, when it went through a period of rapid industrial growth that transformed it into a prosperous city. Today, Monterrey is an important metropolis brimming with culture, education, and business.
In…
Architectural Guide Minsk
Minsk, founded in 1067, was a small, inconspicuous town lost in the backwoods of Eastern Europe for many centuries. Ironically, it was the devastation caused by the Second World War that drove the Soviet authorities to transform Minsk into a major city of true importance. The post-war development turned Minsk into one of the world’s fastest growing cities in the 1960s and 1970s and also left behind bright, visible traces…
Architectural Coating Market
Architectural coatings are paints and coatings used to coat buildings and homes. These coatings are used primarily in stationary structures and decorative interiors such as curbs, pavements, lawns, fields, wooden floors, furniture, paintings, and sculptures. Paints and coatings are not used merely for decorative purposes; they also help protect environment and enhance the functionality and durability of the materials used in making coatings.
Architectural coatings include paints, sealers, and specialty coatings.…
Architectural Guide Aarhus
Aarhus may be only the second biggest and second oldest city in Denmark, but this 330,000 inhabitant city in Jutland is home to country's oldest university. Many who have studied there end up staying – there must be a reason. It is worth taking a closer look at this city that lays in the shadow of Copenhagen – especially now, since it is the 2017 European Capital of Culture.
In addition…
