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Acrylic Surface Coating Market 2021 Through SWOT Analysis with Leading Players-3M, Akzo Nobel NV, Arkema Group, Asian Paints, BASF SE, Berger Paints India Limited
Acrylic Surface Coating Market by Component, Application, Services, and Region- Forecast to 2025The Global Acrylic Surface Coating Market Research Report 2021-2025 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Acrylic Surface Coating business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Acrylic Surface Coating worth chain and its wholesaler examination. Acrylic Surface Coating Market study gives extensive information which upgrades the agreement, degree, and use of this report.
The global market for acrylic surface coating is expected to register a CAGR of over 4%, during the forecast period.
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Top Leading Companies of Acrylic Surface Coating Market are 3M, Akzo Nobel NV, Arkema Group, Asian Paints, BASF SE, Berger Paints India Limited, Dow, Jotun, PPG Industries Inc., Sika AG, Solvay, The Sherwin-Williams Company, and others.
-Industry News And Updates on Acrylic Surface Coating Market-
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region is expected to dominate the market for acrylic surface coatings during the forecast period. In countries, like China, India, and Japan, because of the growing building and construction sector, the demand for acrylic surface coatings has been increasing.
- The largest producers of acrylic surface coatings are located in the Asia-Pacific region. Some of the leading companies engaged in the production of acrylic surface coatings are Asian Paints, Berger Paints India Limited, Akzo Nobel NV, Jotun, and Sika AG.
- The Chinese government has rolled out massive construction plans, including making provisions for the movement of 250 million people to its new megacities, over the next ten years creating a major scope for acrylic surface coatings market over the coming years.
-Key Market Trends Acrylic Surface Coating Market-
Growing Demand from the Building and Construction Sector
- Acrylic surface coatings are widely used in the building and construction sector, because of their inertness and excellent color retention when exposed to outdoor conditions. Acrylics are available in various forms such as emulsions (latex), lacquers, enamels, and powders.
- The chief component of acrylic polymers are acrylic and methacrylic acid which provide a polymer structure that has little tendency to absorb UV light, which increases its resistance to weathering and oxidation than oil-based paints, alkyds, or epoxies due to which its application has increased in buildings & construction sector.
-Competitive Landscape On Acrylic Surface Coating Market-
The global acrylic surface coating market is partially fragmented, with the major players accounting for a marginal portion of the industry. Some of the major companies operating in the market are Asian Paints, Berger Paints India Limited, Akzo Nobel NV, Jotun, and Sika AG.
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-The report takes a 360-degree approach to ensure that the niche and emerging aspects are also factored Acrylic Surface Coating in to ultimately get accurate results.
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