Painting Tools Market Insights 2020 Emerging Trends || Leading Players Gordon Brush, Mill-Rose Company, Purdy, MAAN, Asian Paints

Graphical Research has added a new report on painting tools market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.

The painting industry worldwide has been going through a transformative phase lately, allowing it to stand a level apart in the global business space. This has undeniably spurred the demand for tools and equipment used for painting across various verticals including construction, residential spaces, and others.

Painting tools like brushes and rollers have gained immense popularity across various economies in and around North America, Europe, and Asia Pacific. On this note, it would be essential to look into the trends that are anticipated to transform the dynamics of painting tools market across the above mentioned regions:

Residential and commercial constructions in North America

A gradual shift towards urbanization in the continent has compelled the governments of North American continent to take considerable measures toward the construction of residential buildings. In this case, it would be pivotal to note that the resurgence in this sector has led to an approval for the construction of nearly 160,000 new buildings, prompting the need for painting tools. It has been estimated that the North America painting tools market would account for an annual remuneration of USD 2.8 billion by the end of 2024, given the expanding scope of construction industry in the region.

Access sample pages of the report, “North America Painting Tools Market Forecasts 2026” in detail along with the table of contents (ToC) @
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The construction segment across the overall North America painting tools market had held a share of 75.2% in 2017 and is looking forward to seizing a stake of 76.6% through 2024. This can be credited to the multiple amendments being undertaken by governments for various construction policies and projects. For example, the rising awareness of the merits of paints and coatings for green building initiatives have propelled the United States painting tools market to grow at an unprecedented pace over the span of 2017 to 2024.

Robust demand for painting brushes in construction

An innate painting tool that comes handy for people working in the construction industry is the brush. Speaking of the benefits of brushes as painting tool, it would be essential to mention that these offer excellent adhesion, control, greater detail, and uniform coverage, when compared to its counterparts.

Moreover, they also stand to be one of the most convenient tools for painting the corners and delicate works that are generally unmet by the spraying cans. An increased preference of brushes among the consumers in commercial and residential construction for aesthetic finishing had in 2017, enabled the segment to acquire a major product share of USD 555.9 million.

Expanding vehicle sales across European nations

The European continent has been well-known for its outgrowing vehicle sales and production globally. Validating the aforesaid statement, it was observed that the car deployment statistics in Europe during 2018 was somewhere around 1.24 million units. This has positively produced a need for having aesthetic appealing cars and automobiles, generating the demand for proper painting tools. In this aspect, it is imperative to note that automotive paints and coatings segment across Europe would grow at a CAGR of 8% through 2026.

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Elaborating on the sales of vehicles, it is does not come as a surprise that the United Kingdom currently holds a dominant share in battery electric vehicles; a factor which is predicted to account for the surging dynamics of painting tools market in the UK. Industry experts suggest that the regional market would grow at a rate of 4.5% through 2024.

Europe sees a considerable demand for spray guns

Considering the product segmentation in Europe paintings tools market, the spray guns segment is expected to hold major prominence in the overall market, depicting a CAGR of 5% through 2026. This growth predominantly comes from their burgeoning demand owing to the product’s ability to cover a large surface area.

In fact, it has been witnessed that spray guns are more efficient than rollers or brushes as they boast of the ability to emit tiny paint particles, enabling the ease to paint every nook and corner. What more has been augmenting its demand across the European economies is the product’s availability in diverse shapes, sizes, and power types.

Rise of industrialization across Asia Pacific

The onset of industrialization across some of the eminent economies of the Asia Pacific region like China, Japan and India has driven the need for establishing new industries, in turn raising demand for industrial machineries and equipment. It has been recorded that the industrial machinery and equipment sector across APAC painting tools market would grow at a rate of 4% over the foreseeable time frame, given an intrinsic need to paint the equipment in order to avoid corrosion in them.

Moreover, the need for weather stability and high smoothness in such equipment has also impelled the demand for painting tools like rollers and brushes in the region.

Access sample pages of the report, “Asia Pacific Painting Tools Market Forecasts 2026” in detail along with the table of contents (ToC) @
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Sustained expansion of industries in India

Considering the country, which is currently experiencing massive industrialization, it is pivotal to state that India painting tools market would register a CAGR of 5% over the coming years. This growth can aptly be credited to the rising presence of manufacturing facilities and major construction and real-estate companies in the country. Also, the employment graph of India is witnessing a stupendous growth over the recent years, promoting the industrialization curve to soar high in the upcoming years.

Rollers have deemed higher acclamation for use as a painting tool across the Asia Pacific region. As a matter of fact, these tools had seized a market share of 25% in the overall APAC painting tools market in 2019. Rollers are usually used for painting larger surface areas while also enabling the tool to facilitate easy cleaning features.

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This release was published on openPR.