Press release
Paint Rollers Market Regional Growth, Forecast & Analysis 2018-2024 By Top Manufacturers - Gordon Brush Mfg. Co., Inc., Hyde Tools, Inc., Purdy, Anderson Products, Richard Tools, Mill Rose.
Paint Rollers Market
North America will register growth over 5% up to 2024. Improved economic condition and rise in paint & coating sector will significantly fuel product demand. U.S. paints & coatings sector was valued over USD 30 billion in 2016. Technological developments along with improved demand for metal and architectural products will further boost industry.
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Rapid urbanization driving nuclear family concept, which will surge demand for new residential projects. In 2016, the U.S. residential construction industry was valued over USD 420 billion and expected to witness robust growth. Shift in consumer preference for attractive home interior decors will significantly propel paint rollers market.
Rising construction activities involving renovation and repairs for residential and commercial buildings will support product penetration. Superior properties including high flexibility, ease of application and competitive pricing trends are key factors boosting paint rollers market expansion.
Woven is expected to witness growth over 4% up to 2024. Artificial filament yarn obtained from high quality nylon/polyamide combination are well adopted by various manufacturing companies. Superior quality fabrics manufactured using numerous layers of consistent yarns fused with coatings has propelled product demand.
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Synthetic fabric was estimated to hold more than 45% market share in 2016. Increasing demand from industrial applications will significantly drive product penetration. Rise in consumer awareness regarding nylon and polyester benefits along with introduction of cellulosic or semi synthetic fabrics will augment industry demand. Superior properties including high absorbing competence and faster coverage are major driving factors for paint rollers market development.
Short pile is anticipated to register fastest growth up to 2024. Effective application in hard to reach parts owing to optimized is a key factor stimulating industry growth. Rapid automotive industry expansion coupled with increasing fabric demand for walls, wood, and metal surfaces will propel paint rollers market over the forecast timeframe.
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Construction industry accounted for over 80% industry demand in 2016. Increasing number of construction and renovation projects will substantially boost product demand. Rising industrial and commercial sector will further stimulate paint rollers market share. Increasing application scope for both exterior and interior building walls will propel product demand.
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