Press release
Architectural Coatings Market Business Research Report 2018 to 2023 | BASF Coatings GmbH, PPG Industries Inc., AkzoNobel N.V., The Sherwin-William Company, The Valspar Corporation, Nippon Paint Co. Ltd., Kansai Paint Co. Ltd., Asian Paints Ltd.
Market Overview:Architectural Coatings are used to coat and paint the houses and buildings. The main functions of these coatings are adhesion, wettability, corrosion resistance and weather shield. The architectural and construction industry have been specifying and utilizing protective coatings for decades. These coatings work to prevent deterioration caused by impact and environmental factors to maintain durability and aesthetics while greatly reducing maintenance costs and increasing the life of the finish.
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A portion of the noticeable elements that emphatically impact the development of Architectural Coatings Market are quick industrialization, expanding lodging for the extending masses, and consistent development of construction industry. Fast urbanization combined with expanding per capita discretionary cash flow in rising economies are anticipated to drive the development of the market amid the evaluation forecast period. Additionally, rising interest for inside decorative coatings and expanding interest in construction activities is further estimated to fuel the market development over the figure time frame.
Intended Audience:
• Global Architectural Coatings Manufacturers
• Traders and Distributors of Architectural Coatings
• Research and Development Institutes
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory
Regional Analysis:
In Asia Pacific, nations are encountering rising wages, enhancing ways of life and expanding residential establishment, while work and creation costs remain moderately low.
North America is relied upon to enrol a better than expected development in the Architectural Coating Market because of the developing ecological concerns and mindfulness with respect to the unsafe parts of solvent based coatings. A combination of higher pricing of raw materials and competitive coatings market outside EU has a huge impact on Europe coatings market. It is anticipated that there will be a decline in the growth of Architectural Coatings Market in EU. Paints and Coatings Industry in Latin America is experiencing a decline in the demand due to the instability in the regional economy.
Segmentation:
The Global Architectural Coatings Market is segmented into type, application, technology, and region.
On the basis of type, the market is segmented into acrylic, epoxy, polyurethane, polyester and others.
Based on application, the market is segmented into residential and non-residential and others. Global Architectural Coatings Market is segmented based on technology as water borne and solvent borne technology.
Based on region, the market is segmented into Asia Pacific, Europe, North America, Latin America and the Middle East and Africa.
Key Global Competitors:
The key players in the Architectural Coatings Market are; BASF Coatings GmbH (Germany), PPG Industries Inc. (the U.S.), AkzoNobel N.V. (the Netherlands), Kelly-Moore Paint Company, Inc. (the U.S.), The Sherwin-William Company (the U.S.), The Valspar Corporation (the U.S.), Nippon Paint Co Ltd (Japan), RPM International Inc. (the U.S.), Kansai Paint Co., Ltd (Japan), and Asian Paints Ltd. (India).
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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