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United States Paints And Coatings Market Competitive Insights, Business Growth and Opportunities 2020-2025 | The Sherwin-Williams Company, PPG Industries, Inc., RPM International Inc.

06-19-2020 02:17 PM CET | Science & Education

Press release from: Market Insights Reports

United States Paints And Coatings Market

United States Paints And Coatings Market

United States Paints And Coatings Market - Growth, Trends And Forecast (2020 - 2025)

This report aims to provide an unbiased and a comprehensive outlook of the United States market to the readers. Analysts have studied the key trends defining the trajectory of the market. The research report also includes an assessment of the achievements made by the players in the Paints And Coatings Market so far.

The United States paints and coatings market is estimated to witness a significant growth, at an estimated CAGR of over 4%, over the forecast period.

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Companies covered:

The Sherwin-Williams Company, PPG Industries, Inc., RPM International Inc., Masco Corporation and other for more company coverage please register for sample inquiry.

Market Overview

- Strict regulations on the usage of VOC-Free contents and substitution of alternative chemicals are estimated to hamper the growth of the market studied.
- The use of nanotechnology in the paints and coatings industry is expected to offer various opportunities for the growth of the market studied during the forecast period.
- In the end-user segment, architectural sector dominated the market in the country. However, packaging sector is likely to have the highest CAGR during the forecast period.

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Acrylic Resin Dominating the Market

- Acrylic resins are the most widely used polymers in the paint and coatings industry. Most of the acrylic paints are water-based or solvent-based and are available as emulsions (latices), lacquers (lower volume solids), enamels (higher volume solids), and powders (100% solids).
- The common acrylic polymers come in a wide variety of types and combinations, such as methyl and butyl methacrylate. In the case of inexpensive paints, polyvinyl acetate is used primarily.
- The two principal forms of acrylic used are thermoplastic and thermoset. Thermoplastics acrylic resins are synthetic resins achieved by polymerization of different acrylic monomers. Thermosets are cured at elevated temperatures by reacting them with other polymers. Thermoplastic acrylic resins are of two types, namely solution acrylics and acrylic latex coatings.
- Furthermore, the acrylic resins develop properties, such as transparency, high colorability, and UV resistance in coating solutions. They are used in waterborne systems very often, which result in low VOC emission. The application of acrylic coatings leads to high surface hardness. In certain applications, such as walls, decks, and roofing, the acrylic coatings provide elastomeric finishes to improve the UV resistance of the surface, if employed with some fluids.
- The application of acrylic coatings is primarily found in the construction industry for high-end finishing in roofs, decks, bridges, floors, and other applications. The water-based acrylic coatings are high in demand, owing to the environmental concerns, as the negative impact of VOCs affecting the air quality in the environment.
- The primary binder type in the united states paints and coatings market is acrylic, with a total share of more than 70% of all the waterborne coatings. Acrylic is widely used in architectural coatings.
- Such positive factors are likely to increase demand over the forecast period.

Influence of the Paints And Coatings market report:

Comprehensive assessment of all opportunities and risk in the Paints And Coatings market.
Paints And Coatings market recent innovations and major events.
Detailed study of business strategies for growth of the Paints And Coatings market-leading players.
Conclusive study about the growth plot of Paints And Coatings market for forthcoming years.
In-depth understanding of Paints And Coatings market-particular drivers, constraints and major micro markets.
Favorable impression inside vital technological and market latest trends striking the Paints And Coatings market.

Read Detailed Index of full Research Study at:

https://www.marketinsightsreports.com/reports/04061951370/united-states-paints-and-coatings-market-growth-trends-and-forecast-2020-2025?mode=20&source=op      

We Offer Customization On Report Based On Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

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Irfan Tamboli (Sales)

Phone: + 1704 266 3234 | +91-750-707-8687

sales@marketinsightsreports.com | irfan@marketinsightsreports.com

ABOUT US:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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