Global Architectural Coatings Market accounted for USD 68.67 billion in 2017 and is predicted to grow at CAGR of 7.2% by 2025 With Berger Paints, Kansai Paints, Nippon paint, Sika, Wacker Chemie, Yip’s Chemical, Yung Chi Paint

Global Architectural Coatings Market accounted for USD 68.67 billion in 2017 and is projected to grow at a CAGR of 7.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The global architectural coatings market is fragmented with the presence of a large number of players across different regions. 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.

ARCHITECTURAL COATINGS ARE THE PAINTS AND coatings used to coat buildings and homes. Most are designated for specific uses such as roof coatings, wall paints, or deck finishes. No matter its use, each architectural coating must provide certain decorative, durable, and protective functions. Different test protocols may be applied in the evaluation of an architectural coating depending on its intended end-use. For the purpose of this testing manual, the definition of the term Architectural Coating is most distinctly stated by standards ASTM D5146-10 and D5324-10 [1]. These two standards share the following definition of architectural coatings: “Organic coatings intended for on-site application to interior or exterior surfaces of residential, commercial, institutional, or industrial buildings, in contrast to industrial coatings. They are protective and decorative finishes applied at ambient temperatures.” Although factory-applied coatings for building products such as vinyl siding or aluminum window frames may ultimately be used for architectural end-uses, these coatings will not generally follow all of the testing schemes described herein.

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Global Architectural Coatings Market Key Competitors:
• Akzo Nobel N.V.
• Arkema
• Axalta
• BASF SE
• Berger Paints
• Carpoly
• Chemetall
• Covestro
• Diamond-Vogel
• DowDuPont
• Hempel
• Henkel
• Jotun
• Kansai Paints
• Nippon paint
• PPG
• RPM International
• Sacal
• Sherwin Williams
• Sika
• Wacker Chemie
• Yip’s Chemical
• Yung Chi Paint & Varnish

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Major Market Drivers:
• Rising demand for eco-friendly coatings
• Increasing restoration market
• High demand for high quality and durable coatings

Market Restraint:
• Stringent regulation
• VOC Emission Constraints

Market Segmentation: Global Architectural Coatings Market
• The architectural coatings market is segmented on the basis of resin type into acrylic, alkyd, epoxy, polyurethane, polyester and others.
• On the basis of technology type, the market is segmented into water based and solvent based.
• On the basis of application, the market is segmented into residential and non-residential.
• On the basis of geography, the architectural 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.

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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