Press release
Global Anti-Graffiti Coatings Market To Be Driven By Increasing Need For Curbing Community Crime In The Forecast Period Of 2022-2027
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
Forecast CAGR (2022-2027): 4%
Graffiti has become a worldwide problem because it has resulted in government or personal property being defaced with markings, and paintings. The increasing graffiti incidences in many nations around the globe have harmed government and personal properties. Graffiti is therefore considered one among the foremost noticeable sorts of community crime and antisocial behavior. Trains, subways, buses, cars, walls, road signs, statues and memorials, bridges, park benches, trees, and billboards are frequently targeted with graffiti. The growing issue of graffiti is predicted to propel the anti-graffiti coatings market.
Industry Definition and Major Segments
An anti-graffiti coating may be a coating that will potentially avoid the bonding of graffiti paint on surfaces like walls et al. The worldwide anti-graffiti coatings market is often segmented into types end-use and region.
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On the basis of type, the industry is divided into:
Anti-Graffiti Films
Anti-Graffiti Coatings
Sacrificial
Non-Sacrificial/Permanent
On the basis of end-use, the industry is divided into:
Construction
Transportation
Others
The regional markets for anti-graffiti coatings include:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Market Trends
The increasing technological advancements in nanotechnology and secure corporate investment to supply ultra-thin, non-toxic, and environmentally friendly coatings are the main drivers that are fuelling the event of the anti-graffiti coatings market over the forecast period. The physical, chemical, mechanical, thermal, and corrosion properties of anti-graffiti coatings are improved by nanotechnology at a coffee cost.
Anti-graffiti coatings are increasingly being used by vehicle companies for extra paint and body protection. The rapidly growing global demand for automobiles and therefore the growing inclusion of anti-graffiti coatings in automotive manufacturing are further driving the industry growth.
Key Market Players
The major players in the market are The Sherwin-Williams Company, Evonik Industries AG, Dulux Group Limited, Axalta Coating Systems Ltd., Teknos Group, Merck KGaA, and Weatherman Products Inc. among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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