Press release
Stain Resistant Coatings Market 2021 Precise Outlook- PPG Industries, Inc, Berger Paints India Limited, AkzoNobel N.V
The Global Stain Resistant Coatings Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.The market for stain resistant coatings is expected to grow at a CAGR of over 4% during the forecast period.
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Key Market Players:
PPG Industries, Inc, Berger Paints India Limited, AkzoNobel N.V., Jotun, Nippon Paint and Other
Key Market Trends
Increasing Application in Buildings & Construction Industry
- Stain resistance is defined as the ability to resist the contamination on the substrate. Stain resistant coatings cover the surface of the building units by using some operational techniques such as brushing, radiating, spraying and troweling, adheres well with the later to create integral protective film that will prolong the service life of buildings.
- These stain resistant coatings have greater application in architectural coatings as it protects the buildings from atmospheric dust, stains due to acidic rains acidic rains and others that forms on the surface of the building over the period.
- The Indian government has announced an investment worth ~USD 28.52 billion for the construction of 100 cities, under the smart cities plan. 100 smart cities and 500 cities are likely to invite investments worth INR 2 trillion (~USD 28.18 billion), over the coming five years creating scope for the application of these stain resistant coatings.
- Buildings & Construction industry leads in the utilization of stain resistant coatings with China, United States, India, Germany, playing a major role in this market.
Asia-Pacific Region to Dominate the Market
- Asia-Pacific region is expected to dominate the market for stain resistant coatings during the forecast period. The demand for these coatings are increasing in the region due to the numerous ongoing and upcoming construction projects in countries like China, India and ASEAN Countries.
- Some of the largest producers of stain resistant coatings are located in Asia-Pacific region. Some of the leading companies in the production of stain resistant coatings are PPG Industries, Inc, Berger Paints India Limited, AkzoNobel N.V., Jotun, Nippon Paint.
- 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 construction activity thereby increasing the market for stain resistant coatings over the coming years.
- These stain resistant coatings are also used to prevent staining of white and light-colored consumer and mobile electronic devices such as tablets, smartphones and e-readers and other electronic appliances. Production of electronics in the region is also on the gradual rise owing to the establishments of various manufacturing facilities.
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What are the market factors that are explained in the report?
Executive Summary: It includes key trends of the global Stain Resistant Coatings market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Stain Resistant Coatings market based on production and revenue.
Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Stain Resistant Coatings market.
Market Segments: This part of the report discusses product type and application segments of the global Stain Resistant Coatings market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approaches Stain Resistant Coatings used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
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How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
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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