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Global Construction Paints And Coatings Market 2024 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | PPG Industries Inc., Badische Anilin- und Sodafabrik, Akzonobel N.V., Sherwin Williams Company, Asian Paints Ltd.
Construction Paints And Coatings Global Market Report 2024
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Booming Construction Industry Is A Catalyst For The Surge In Construction Paints And Coatings Market
The rising new construction projects is expected to propel the growth of the construction paints and coatings market going forward. Construction projects refer to the systematic process of constructing, repairing, refurbishing, retrofitting, or adapting a building, or other built asset such as a tunnel or bridge. In construction projects, paints and coatings are projected to be important to prevent water from penetrating, to prevent corrosion, rotting, and deteriorating. For instance, in March 2023, according to Zippia, a US-based technology, information, and internet company, in January 2023, 1.4 million new construction projects were completed, which is a 12.8% increase, compared to January 2022. Therefore, the rising number of new construction projects is driving the growth of the construction paints and coatings market.
Latest Paint Formulation Technology In Construction Paints And Coatings Industry
Technological advancements are a key trend gaining popularity in the construction paints and coatings market. Companies operating in the construction paints and coatings market are adopting new technologies to sustain their position in the market. For instance, in March 2023, Dow, a US-based plastics and chemical manufacturing company launched a new digital paint formulation platform. The digital coating formulation platform uses new digital tools to develop cutting-edge skills that will push the boundaries of innovation and deliver lasting value to markets and consumers. This technology delivers data-driven capabilities intended to speed up innovation in the paints and coatings sector and simplify the formulation process.
The construction paints and coatings market covered in this report is segmented -
1) By Product Type: Solvent-Borne Technologies, Water-Borne Coating, Power Coating, High Solids/ Radiation Cure, Other Product Types
2) By Resin Type: Polyurethane, Acrylic, Epoxy, Polyester, Alkyd
3) By Application: Residential, Commercial, Automotive And Aviation, Medical And Healthcare
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Major companies operating in the construction paints and coatings market report are PPG Industries Inc., Badische Anilin- und Sodafabrik, Akzonobel N.V., Sherwin Williams Company, Asian Paints Ltd., Axalta Coating Systems Ltd., Valspar Corporation, Helios Group, Tikkurila Oyj, Beckers Group, DyStar Singapore Pte Ltd., Republic Powdered Metals International Inc., Jotun Chemicals, Dow Chemicals, Nippon Paint Holdings Co. Ltd., Kansai Paint Co. Ltd., Benjamin Moore & Co., Berger Paints Ltd., Hempel A/S, Brillux GmbH & Co. KG, DAW SE, H.B. Fuller Company, Dunn-Edwards Corporation, Kelly-Moore Paint Company Inc., Rust-Oleum Corporation, Tōa Kensetsu Kōgyō Corporation, Diamond Vogel Paints, Tnemec Company Inc., National Paints Factories Co. Ltd., Farrow & Ball Ltd.
Contents of the report:
1. Executive Summary
2. Construction Paints And Coatings Market Report Structure
3. Construction Paints And Coatings Market Trends And Strategies
4. Construction Paints And Coatings Market - Macro Economic Scenario
5. Construction Paints And Coatings Market Size And Growth
…..
27. Construction Paints And Coatings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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