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New Comprehensive Report on Architectural Coating Market to Witness an Outstanding Growth
architectural coatings market
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The Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., RPM International Inc., PPG Industries, Inc., Asian Paints Limited, and Masco Corporation are some of the companies profiled in the global architectural coatings market.
Transparency Market Research has prepared a comprehensive report on the global architectural coatings market, for the period 2017 to 2025. The report estimates that the global architectural coatings market is likely to expand at 5.7% CAGR. The market is estimated to reach US$ 87,500.4 Mn through 2025.
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Driven by Increased Refurbishment Activities, Asia Pacific to Witness Rapid Growth
In terms of region, the global architectural coatings market is likely to witness dominance of Asia Pacific due to escalated refurbishment and construction activities in countries like China, Taiwan, Thailand, India, and Japan. Interior designing and beautification activities have been witnessing steady rise in its demand across commercial and residential sectors, thanks to the increased love for aesthetics. This love for interior decoration is likely to encourage growth of the architectural coatings market in the Asia Pacific. Furthermore, an increasing trend toward green construction together with huge spending on the infrastructural activities is observed in countries like Australia, which is likely to expand the size of the architectural coatings market in Asia Pacific.
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Increased Demand for Environment friendly Products Accentuates its Demand
The global architectural coatings market is estimated to witness expansion of its size due to extensive demand from the paints and coating industry. It is utilized for both interior and exterior applications in the paint and coatings industry. Progress made in the paint technology, particularly in acrylic formulations, offer an extensive range of waterproof coatings. Paints and coating applied on the exterior of a residence or a commercial building not only add to the aesthetics of the building but also protect it against heat, harsh winters, soaking rain and other adverse weather conditions.
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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