Architectural Coatings Market Globally by 2026: Industry Key Players - PPG Industries Inc., Akzo Nobel NV, etc.

A recently published report titled “Global Architectural Coatings Market” is an extensive study by Reports and Data of the Architectural Coatings industry and includes a study of several factors that impact the growth of the market.

According to the current analysis of Reports and Data, the global Architectural Coatings Market was valued at USD 65.0 Billion in 2018 and is expected to reach USD 94.43 Billion by the year 2026, at a CAGR of 4.9 %. The architectural coatings market is on the rise, due to increasing applications, technological advancements, and the growing demand for coatings that makes substance, to which it is applied more durable, boost its weathering performance with dynamic mechanical properties, such as improved corrosion resistance and improved flexibility. Growth of construction industry, increase in investments for infrastructure maintenance, Increasing renovation and refurbishment activities, rise in the demand of high performing, eco-friendly and durable coating materials for construction components are the primary drivers of the architectural coatings market. The study covers architectural coatings which are utilized in the interior or exterior surfaces in residential or non-residential applications.

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Leading Market Competitors:

PPG Industries Inc., Akzo Nobel NV, the Sherwin-Williams Company, and Nippon Paint Holdings Co. Ltd, Kansai Paints Co., Ltd., Asian Paints Limited

Architectural Coatings Industry Overview

The global materials & chemicals industry revenue growth can be majorly attributed to increasing demand for essential consumer goods including soaps, detergents, and beauty & personal care products worldwide, rising preference for sustainable and eco-friendly raw materials, and growing use of advanced chemicals and raw materials in industries including agriculture, food & beverage industries, buildings & construction, automotive, packaging, and manufacturing industries. Other major factors driving growth of this industry are rising pollution levels, increasing environmental awareness, increasing use of technologically advanced chemicals and materials, and rising demand for organic materials.

To know more about the report @ https://www.reportsanddata.com/report-detail/architectural-coatings-market

Global Architectural Coatings Market Segmentation:

By Resin Type (Revenue, USD Million) (Volume in Tons); 2016–2026)

Acrylic
Alkyd
Epoxy
Polyurethane
Polyester
Urethane
Others (PTFE, PVDF, Etc.)

By Technology (Revenue, USD Million) (Volume in Tons); 2016–2026)

Solvent Borne
Water-Borne

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Key Questions Answered by the Report:

What are the key market trends influencing the growth of the Architectural Coatings market?
Who are the prominent players of the Architectural Coatings market?
What is the impact of the COVID-19 pandemic on the Architectural Coatings market?
What are the key growth driving and restraining of the Architectural Coatings market?
What are the strengths and weaknesses of the prominent players of the Architectural Coatings market?
What are the key outcomes of the SWOT analysis and Porter’s Five Forces analysis?

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This release was published on openPR.