This global Architectural Coatings Market research report has complete overview of the market, covering various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape. The market report consists of explicit and up to date information about the consumer’s demands, their inclinations, and their variable likings about particular product. The report not only saves valuable time but also adds credibility to the work that has been done to grow the business. In this winning Architectural Coatings business report, a thorough investment analysis is offered which forecasts imminent opportunities for the market players and develops the strategies to grow return on investment (ROI).
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The key players profiled in this study includes Akzo Nobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, NIPSEA Group, BASF SE, Asian Paints Limited, Axalta Coating Systems, LLC, Brillux GmbH & Co. KG, Colorado Commercial & Residential Painting, IFS Coatings, Kansai Paint Co., Ltd., KEIM Mineral Coatings of America, Inc., Kelly-Moore Paints, Masco Corporation, RPM International Inc. among others.
Global Architectural Coatings Market Description:
The architectural coatings market represents the largest segment of overall coatings market. Architectural coatings are the coatings such as paints, powder and others which are used to coat homes and buildings. Most of the architectural coatings are designed for a specific use such as interior and exterior wall painting, roof coatings and floor coatings. These coating provides certain protective, decorative and durable functions to infrastructure. The acrylic segment is the highest growing segment owing to its advantages such as wide range of applications, oxidation and weathering resistance, durability and high coating quality. Whereas the Asia-Pacific region is most dominating as well as fastest growing region due to increasing applications, infrastructural developments and technological advancements in the region.
Global architectural coatings market is projected to register a substantial CAGR of 6.3% in the forecast period of 2019 to 2026.
Competitive Landscape and Architectural Coatings Market Share Analysis
Architectural Coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Architectural Coatings market.
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Which Important Market Factors Are Explained In The Report?
The key research methodology that has been applied in the credible Architectural Coatings report by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Details about the market drivers and market restraints included in this business report helps understand whether the demand of the products in Architectural Coatings industry will rise or get lower. This is the most pertinent, unique, fair and commendable market research report framed by focusing on specific business needs. The large scale Architectural Coatings marketing report also offers a great inspiration to seek new business ventures and evolve better.
Segmentation: Global Architectural Coatings Market
Global architectural coatings market is segmented into four notable segments which are resin type, technology, function and application.
- On the basis of resin type, the market is segmented into acrylic, alkyds, epoxy, polyurethane, polyesters, vinyl acetate-ethylene (VAE) and others.
- In September 2019, PPG Industries, Inc. launched PPG Services, digitally enabled service. This platform is used for businesses which has multiple facilities in the U.S. This identifies and connects professional painters and general painting maintenance project. This service launch will help to build long term growth strategy by delivering digital solutions.
- On the basis of technology, the market is segmented into waterborne and solventborne.
- In September 2019, AXALTA Coating Systems, LLC has acquired Capital Paints, powder coatings manufacturing company based in UAE. This company has specialized in thermosetting powder coatings manufacturing for architectural powder coatings. This acquisition has been done for the strategic expansion of their powder coating business in Middle East and North Africa (MENA) region.
- On the basis of function, the market is segmented into ceramics, lacquers, paints, powder coatings, primers, sealers, stains, varnishes and others.
- In August 2019, NIPSEA GROUP acquired DuluxGroup Ltd., an Australian paint maker for USD 2.71 billion. This acquisition benefits the company to expand its business in Australia and New Zealand.
- On the basis of application, the market is segmented into residential, commercial, coatings for wood, floor coatings, and roof coatings.
- In April 2019, BASF SE and KIKUSUI Chemical Industries Co., Ltd., a company engaged in production of architectural finishing coatings has partnered to raise the awareness about architectural paint longevity. This collaboration will retain the durable building of Japan. With this co-branding the BASF’s light stabilizer, Tinuvin will protect the Waterborne Fine Coat Silicon from harmful UV rays. This collaboration will definitely raise the awareness about the durability in architectural coatings. This merger will also help to offer various other products to KIKUSUI.
Key Benefits of Global Architectural Coatings Market Report:
- To gain insightful analyses of the Architectural Coatings market and have a comprehensive understanding of the global market and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the Architectural Coatings market.
- Besides the standard structure reports, we also provide custom research according to specific requirements.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of Covid-19.
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Key Pointers Covered in Table of Content:
Chapter 1. Report Overview
Chapter 2. Global Growth Trends
Chapter 3. Market Share by Key Players
Chapter 4. Breakdown Data by Type and Application
Chapter 5. Market by End Users/Application
Chapter 6. COVID-19 Outbreak: Architectural Coatings Industry Impact
Chapter 7. Opportunity Analysis in Covid-19 Crisis
Chapter 8. Market Driving Force
And Many More…
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Global Architectural Coatings Market: Key Pointers
- CAGR of the market during the forecast period.
- Detailed information on factors that will assist market growth.
- Estimation of market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behaviour
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of market vendors
This exclusive study addresses key questions for stakeholders in the Architectural Coatings Solutions Market:
- What are the key developments anticipated to take place in the Architectural Coatings market during the period of 2020-2026?
- What are the crucial strategies adopted by players operating in the Architectural Coatings market?
- Which end-user segment will remain a key contributor to the growth of the Architectural Coatings market?
- What are the important trends stimulating the growth of the Architectural Coatings market?
- Which application segment will bode lucrative growth opportunities for the Architectural Coatings market?
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