openPR Logo
Press release

Architectural Coatings Market Size & Share to Surpass USD 82.4 Bn by 2028

10-12-2022 09:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Architectural Coatings Market Size & Share to Surpass USD 82.4 Bn

Market Analysis

The Architectural Coatings Market is likely to grow at a healthy CAGR between 2021 -2028, according to the Market Research Future (MRFR) report. Architectural coatings, simply put, are used for coating and painting houses and buildings. They exhibit wonderful properties of corrosion resistance, weather shield, wettability, and adhesion. Polyester, polyurethane, epoxy, acrylic, and others are different types of architectural coatings. They possess the ability to absorb, reflecting light, and changing the color of the substrate or surface when the same is applied to.

Various factors are adding to the global architectural coatings market growth. Such factors, according to the new MRFR report, include improving social and financial status of consumers, increasing use in decorative interiors like furniture, sculptures, wood flooring, and wall paintings, and surging demand for durable and high-performance materials for construction element. Besides, increasing infrastructure spending, increasing consciousness to maintain a green environment, and rise in residential building constructions is also adding market growth.

Get Sample @ https://www.marketresearchfuture.com/sample_request/4753

Covid-19 Analysis on Architectural Coatings Market/Covid-19 ABC Market Analysis

Paints and coatings being discretionary items, people will probably delay renovating homes. Due to social distancing norms and lack of manpower, painting activities are likely to resume in the second half of 2020. Coatings and paints business is linked directly to the suppliers of raw materials to the distribution and sales retail channels, or industrial businesses. Architectural coatings are predicted to have the biggest decline rate following the COVID-19 pandemic. The moment the outbreak is controlled, the economy worldwide will regain the growth curve for better development.

Market Segmentation

The MRFR report offers an inclusive segmental analysis of the global architectural coatings market report based on type, application, and technology.

By type, the global architectural coatings market is segmented into polyester, polyurethane, epoxy, acrylic, and others. Of these, the acrylic coating segment is predicted to lead the market over the forecast period as it has major applications in the marine, automotive, aerospace, building and construction, and others.

By application, the global architectural coatings market is segmented into non-residential and residential, & others.

By technology, the global architectural coatings market is segmented into solvent borne and water borne technology. Of these, the solvent borne technology will have a major share in the market over the forecast period.

Enquire For Discount: https://www.marketresearchfuture.com/check-discount/4753

Regional Analysis

Based on the region, the global architectural coatings market report covers the recent trends & growth opportunities across the Americas, Europe, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, the APAC region will dominate the market over the forecast period for the presence of major development firms in Japan, India, and China, & large number of reclamation activities and developments by government organizations. Besides, developing interest for beautification & inside embellishment in non-residential and residential sectors and increasing discretionary cash flow is also adding market growth in the region.

The global architectural coatings market in North America is predicted to have healthy growth over the forecast period for the remodeling and interior decoration that is picking up the pace with the modern world coupled with growing awareness of consumers about exterior protection for expanding a property's life span.

The global architectural coatings market in Europe is experiencing losses post-financial depression in the year 2008. This country has shortage of raw materials which they require to import from different countries at elevating prices. The merge of the competitive market outside EU, coupled with higher raw material prices, has a huge effect on market growth. It is likely that the architectural coatings market in Europe is likely to face a decline.

The global architectural coatings market in Latin America and the MEA is predicted to have the smallest share over the forecast period for no growth in the regional economy, no proposed future projects, and a lack of governance.

Browse Full Report @ https://www.marketresearchfuture.com/reports/architectural-coatings-market-4753

Key Players

PPG Industries Inc
Akzo Nobel N.V
The Sherwin Williams company
Kansai paints corporation
Asian paints limited
Nippon paint holdings corporation private limited
BASF SE
Masco corporation
Jotun group
RPM International Inc

Browse More Reports:

https://www.marketresearchfuture.com/reports/methanol-market-1764 

https://www.marketresearchfuture.com/reports/waterborne-coatings-market-10799 

https://www.marketresearchfuture.com/reports/isobutanol-market-5558 

Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Architectural Coatings Market Size & Share to Surpass USD 82.4 Bn by 2028 here

News-ID: 2764709 • Views:

More Releases from Market Research Future

Virtual Reality in Gaming Market Size Worth USD 17.1 Billion by 2032 | CAGR 4.70%
Virtual Reality in Gaming Market Size Worth USD 17.1 Billion by 2032 | CAGR 4.70 …
The Virtual Reality (VR) in Gaming Market is experiencing steady growth, driven by advancements in VR hardware, immersive gaming experiences, and increasing consumer demand for interactive entertainment. The market was valued at USD 11.31 billion in 2023 and is projected to expand from USD 11.84 billion in 2024 to USD 17.1 billion by 2032, registering a compound annual growth rate (CAGR) of 4.70% during the forecast period (2024-2032). Key Companies in
Future of Ethernet Switch Market: USD 11.2 Billion Size Forecast by 2032
Future of Ethernet Switch Market: USD 11.2 Billion Size Forecast by 2032
The Ethernet Switch Market is experiencing steady growth, driven by the rapid expansion of data centers, rising internet traffic, and the increasing adoption of cloud computing and enterprise networking solutions. The market was valued at USD 6.4 billion in 2023 and is projected to grow from USD 7.11 billion in 2024 to USD 11.2 billion by 2032, registering a compound annual growth rate (CAGR) of 5.50% during the forecast period
Rising Demand for Advanced Testing Solutions Driving Digital Oscilloscope Market to USD 6.12 Billion by 2032
Rising Demand for Advanced Testing Solutions Driving Digital Oscilloscope Market …
The Digital Oscilloscope Market is witnessing robust growth, driven by the rising demand for advanced testing equipment, innovations in signal analysis technologies, and the growing adoption of digital devices across industries. The market was valued at USD 3.67 billion in 2022 and is projected to expand to USD 6.12 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.24% during the forecast period (2024-2032). Key Companies in Digital Oscilloscope
Super Capacitors Market Set for 18.16% CAGR, Reaching USD 2.50 Billion by 2032
Super Capacitors Market Set for 18.16% CAGR, Reaching USD 2.50 Billion by 2032
The Global Super Capacitors Market is witnessing significant growth, driven by rising demand for energy-efficient storage solutions, rapid adoption of electric vehicles (EVs), and advancements in renewable energy systems. The market was valued at USD 0.544 billion in 2023 and is projected to reach USD 2.501 billion by 2032, growing at a compound annual growth rate (CAGR) of 18.16% during the forecast period (2024-2032). Key Companies in Super Capacitors Market include • Maxwell

All 5 Releases


More Releases for Architectural

Architectural Hardware Market
According to a new report published by Allied Market Research, titled, " Architectural Hardware Market by Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global architectural hardware market size was valued at $15.9 billion in 2018, and is projected to reach $23.2 billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. Architectural hardware is a type of hardware that includes doors, windows,
Architectural Guide Moon
Mankind first reached the moon on July 21, 1969. This celestial body had always been a place of longing for earth's inhabitants but this date really set things in motion. Luna, Ranger and Apollo - these and all of the other missions that followed contributed to the fact that we can now seriously consider settling on the moon - and in a manner that is quite different from the
Architectural Guide Monterrey
Monterrey is known as ‘the city of the mountains’, in reference to its privileged location at the foothills of the Sierra Madre. The city, founded in the north-east of Mexico in 1596, remained dormant until the turn of the 20th century, when it went through a period of rapid industrial growth that transformed it into a prosperous city. Today, Monterrey is an important metropolis brimming with culture, education, and business. In
Architectural Guide Minsk
Minsk, founded in 1067, was a small, inconspicuous town lost in the backwoods of Eastern Europe for many centuries. Ironically, it was the devastation caused by the Second World War that drove the Soviet authorities to transform Minsk into a major city of true importance. The post-war development turned Minsk into one of the world’s fastest growing cities in the 1960s and 1970s and also left behind bright, visible traces
Architectural Guide Iran
From the Safavids to the Iranian Revolution Iran has one of the oldest urban cultures, dating back over 4,000 years. In the Architectural Guide Iran, the author and architect Thomas Meyer-Wieser explores Iranian architecture, from the Safavids to the Iranian Revolution, with the help of 360 buildings and projects in Isfahan, Shiraz, and Tehran. On the fictional tour of these three cities - alternating capital, depending on the ruling dynasty -
Architectural Guide Berlin
With additional contributions by Philipp Meuser and Martin Pueschel In no other place in Europe have changing ideologies and differing urban planning models left such a far-reaching mark as in Berlin. The German capital enables the reader to make a literal journey through history. In the shape of four excursions, the Architectural Guide Berlin presents prominent architectural highlights from Kurfürstendamm in the West to the prefab housing estates of the East. The