Architectural Coating Market is set to Fly High in Years to Come | PPG Industries, AkzoNobel N.V., BASF Coating

The Latest Study Published by HTF MI Research on the "Architectural Coating Market'' evaluates market size, trend and forecast to 2030. The Architectural Coating market study includes significant research data and evidences to be a practical resource document for managers and analysts is, industry experts and other key people to have an easily accessible and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges as well as information about the competitors. Some of the Major Companies covered in this Research are The Sherwin-Williams Company (United States), PPG Industries, Inc (United States), AkzoNobel N.V. (Netherlands), BASF Coating GMBH (Germany), Jotun A/S (Norway), Asian Paints Limited (India), Kansai Paint Co., Ltd (Japan), Nippon Paint Holdings Co., Ltd (Japan), RPM International Inc (United States), Masco Corporation (United States), Berger Paints India Limited (India), Nippon Seihin Co., Ltd (Japan), Rodo (China), Hempel A/S (Denmark), Valspar Corporation (United States), Others.

According to HTF Market Intelligence, the Global Architectural Coating market to witness a CAGR of 4.5% during forecast period of 2024-2030. The Architectural Coating market size is estimated to increase by USD 18.3 Billion at a CAGR of 4.5% from 2024 to 2030. The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD 72.5 Billion.

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The "Architectural Coating Market" refers to the industry involved in the production, distribution, and sale of coatings specifically designed for application on architectural surfaces, such as exterior and interior walls, ceilings, floors, roofs, and other structural elements of buildings and infrastructure. These coatings are formulated to provide both aesthetic enhancement and functional protection to architectural surfaces.

On February 10, 2022, Hempel, a global coatings manufacturer, concluded the acquisition of Khimji Paints LLC, an Omani conglomerate's coatings section, to expand its Middle Eastern activities. This acquisition is part of Hempel's plan to quadruple its size by 2025, which includes acquisitions and organic growth, as well as investments in sustainability, innovation, and digitalization.

Market Drivers
• Increasing environmental awareness
• Stringent regulations for safety standards
• Urbanization and infrastructure development

Market Trend
• Expansion in residential architectural coatings market
• Market growth in the Asia Pacific region
• Acquisition and consolidation strategies by key players

Opportunities
• Growing demand for eco-friendly architectural coatings
• Shift towards fireproof and waterproof coatings
• Rising use of acrylic resin in construction sector

Market Restraints:
• Stringent government regulations on harmful VOC emissions
• Performance-related challenges with water-based coatings
• Issues like UV degradation, corrosion resistance, and adhesion

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Major Highlights of the Architectural Coating Market report released by HTF MI

Global Architectural Coating Market Breakdown by Application (Residential, Non-Residential) by Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, Urethane, Others) by Function (Ceramics, Inks, Lacquers, Paints, Powder Coatings, Others) by Technology (Solvent Borne, Water Borne) and by Geography (North America, South America, Europe, Asia Pacific, MEA)

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Informational Takeaways from the Market Study: The report Architectural Coating matches the completely examined and evaluated data of the noticeable companies and their situation in the market considering impact of Coronavirus. The measured tools including SWOT analysis, Porter's five powers analysis, and assumption return debt were utilized while separating the improvement of the key players performing in the market.

Key Development's in the Market: This segment of the Architectural Coating report fuses the major developments of the market that contains confirmations, composed endeavours, R&D, new thing dispatch, joint endeavours, and relationship of driving members working in the market.

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Some of the important question for stakeholders and business professional for expanding their position in the Architectural Coating Market:
Q 1. Which Region offers the most rewarding open doors for the market Ahead of 2023?
Q 2. What are the business threats and Impact of latest scenario over the market Growth and Estimation?
Q 3. What are probably the most encouraging, high-development scenarios for Architectural Coating movement showcase by applications, types and regions?
Q 4.What segments grab most noteworthy attention in Architectural Coating Market in 2023 and beyond?
Q 5. Who are the significant players confronting and developing in Architectural Coating Market?

Architectural Coating Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Architectural Coating market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Architectural Coating Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Architectural Coating Market Production by Region
• Architectural Coating Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
• Key Points Covered in Architectural Coating Market Report: Overview, drivers and barriers
• Architectural Coating Market Competition by Manufacturers
• Architectural Coating Market Capacity, Production, Revenue (Value) by Region (2024-2030)
• Architectural Coating Market Supply (Production), Consumption, Export, Import by Region (2024-2030)
• Architectural Coating Market Manufacturers Profiles/Analysis
• Architectural Coating Market Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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