Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Architectural Coating Market (CAGR of 5.9% By 2026) Driven By Increasing Construction And Reconstruction Activities

MarketResearch.biz announces publication of its most recently generated research report titled, "Global Architectural Coating Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, and Others), by Technology Type (Water Based and Solvent Based), by Application (Residential and Non-Residential) - Global Forecast to 2026.", which offers a holistic view of the architectural coating market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2017-2021) is projected to be over US$ 320 Bn, which is expected to increase rather moderately over the latter part of the five-year forecast period.

Architectural coating is designed to provide a protective and decorative layer on surface of an architectural feature or fixture in both indoor and outdoor applications. They are designed for specific use such as roof coatings, wall paints, or deck finishes. Each type of architectural coating offers unique decorative, durable, and protective functions.

Global Architectural Coating Market: Market Dynamics 

Major factor driving growth of the global architectural coating market is increasing construction and reconstruction activities in developed countries and rising environmental concern related to VOC emission through paints. In addition, increasing foreign direct investment in developing countries, and increasing government expenditure for development of smart cities, various projects such as affordable home, etc. Moreover, on-going public and private partnerships for upgradation of present infrastructure is resulting in increased construction activities in countries such as India and China which in-turn is expected to boost growth of the global architectural coating market.

However, major factor restraining growth of the global architectural coating market is stringent government regulations related to VOC emission by some architectural coating.

Technological advancements and increasing R&D activities my manufacturers and rising preference for green coating is expected to create new opportunities in terms of revenue to players operating in the global architectural coating market over the forecast period.

Request For Sample Copy Of The Report Here: https://marketresearch.biz/report/architectural-coatings-market/request-sample/

Global Architectural Coating Market: Market Forecast

The comprehensive research report comprises a complete forecast of the global architectural coating market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global architectural coating market is expected to register a CAGR of 5.9% during the forecast period.

Global Architectural Coating Market: Segmental Snapshot

The market report has been segmented on the basis of resin type, technology type, application and region. The resin type segment includes acrylic, alkyd, epoxy, polyurethane, polyester, and others. The technology type segment includes water based and solvent based. The application segment includes residential and non-residential. The regions/countries covered in the analysis are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

By Resin Type: The acrylic segment accounted for highest revenue share contribution in 2016, as compared to other type segments, and is expected to register a CAGR of over 6% between 2017 and 2026 owing to wide spread applicability of acrylic resin in water reducible and emulsion resin which are used for manufacturing of coats and varnishes.

By Technology Type: The water based segment accounted for highest revenue share contribution in 2016, as compared to other type segments, and is expected to register a CAGR of over 6% between 2017 and 2026.

By Application: The residential segment accounted for highest revenue share contribution in 2016, as compared to other type segments, and is expected to register a CAGR of over 6% between 2017 and 2026.

By Region: The market in Asia Pacific accounted for highest revenue share in the global architectural coating market in 2017, and is expected to register a CAGR of over 6% between 2017 and 2026.

Global Architectural Coating Market: Competitive Analysis

The research report on the global architectural coating market includes profiles of some of the major companies such as PPG Architectural Coatings, The Sherwin-Williams Company, RPM International Inc., Nippon Paint Holdings Co., Ltd., Kansai Paint Co., Ltd., BASF SE, Akzo Nobel N.V., Michelman, Inc., and IFS Industries, Inc.

Request Here For The Covid-19 Impact On Architectural Coating Market: https://marketresearch.biz/report/architectural-coatings-market/covid-19-impact/

The Global Architectural Coating Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2017-2026 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the Global Architectural Coating Market for 2017-2026.

Top Related Reports:

Architectural Film Market

Architectural Services Market

Coating Resins Market

Automotive Coatings Market

Anti-Corrosion Nanocoatings Market

About MarketResearch.biz:

MarketResearch.biz is a specialized market research, analytics, and solutions company, offering strategic and tactical support to clients for making well-informed business decisions. We are a team of dedicated and impassioned individuals, who believe strongly in giving our very best to what we do and we never back down from any challenge. MarketResearch.biz offers services such as data mining, information management, and revenue enhancement solutions and suggestions. We cater to industries, individuals, and organizations across the globe, and deliver our offerings in the shortest possible turnaround time.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Government: RSI ‘State Of The Nation’ Report Published
latest research, science and innovation system report card is now available, and outlines how the system is performing, Research, Science and Innovation Minister Megan Woods has announced. “The report seeks to increase transparency, act as a reliable data source and stimulate discussion... More>>




Fonterra: Increases 2021/22 Forecast Farmgate Milk Price

Fonterra Co-operative Group Limited today increased and narrowed its forecast Farmgate Milk Price range to NZD $7.90 - $8.90 per kgMS, from NZD $7.25 - $8.75 per kgMS. The midpoint of the range, which farmers are paid off, has increased to NZD $8.40 per kgMS, from NZD $8.00 per kgMS... More>>

Stats: Auckland’s Population Falls For The First Time
In the wake of the COVID-19 pandemic, New Zealand’s population growth slowed down with Auckland recording a population decline for the first time ever, Stats NZ said today. “New Zealand saw slowing population growth in all regions... More>>



Pamu & Westpac: Market-leading Sustainability-Linked Loan

Westpac NZ and Pāmu have signed New Zealand’s most comprehensive Sustainability-Linked Loan to date, also the largest in the agricultural sector, and the first involving a state-owned enterprise. Pāmu, also known as Landcorp, is New Zealand’s biggest farming business. It will borrow $85m from Westpac NZ over three years... More>>


Retail NZ: Some Good News In COVID Announcements, But Firm Dates Needed

Retail NZ is welcoming news that the Government is increasing financial support for businesses in light of the ongoing COVID-19 lockdown, and that retail will be able to open at all stages of the new “Covid Protection Framework... More>>

ComCom: Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys

A wholesaler and a retailer have been fined a total of $140,000 under the Fair Trading Act for selling hot water bottles and toys that did not comply with mandatory safety requirements. Paramount Merchandise Company Limited (Paramount) was fined $104,000 after pleading guilty in the Manukau District Court... More>>