Architectural Coatings Market Overview:
In a recent research report by Market Research Community, the Architectural Coatings Market is expected to surpass USD 114.43 Billion by the year 2030, from USD 77 Billion in 2021.
Global Architectural Coatings Market is anticipated to grow at a CAGR of 4.5% over the forecast period 2022 - 2030. Detailed analysis and research with respect to values, statistics, and drivers, restraints, and opportunities are accurate for the buyers to decide their goals and objectives. Every driving is elaborated with proper research and statistics from various major economies. The report is not only limited to the driving factors, opportunities, and challenges, but also comprise past scenario and consumer behavior, ongoing trends, and the future insights so that the companies can decide their production volume and reduce wastage.
The companies operating in the industry are constantly focused on product innovations introduction of novel techniques for meeting the consumers’ demand on the global scale. Reaching out to customers across the globe will help market players to make new connections and establish market in other economies.
Architectural coatings refer to a broad category of coatings used to protect, decorate, and enhance the appearance of building exteriors and interiors. These coatings are applied to various surfaces, including walls, ceilings, floors, roofs, and other architectural elements, such as windows, doors, and trims.
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The industry players profiled in the Architectural Coatings Market comprise AkzoNobel, Sherwin Williams Company, BASF SE, PPG Architectural Coatings, Valspar, ACI Inc., Asian Paints Limited, Nippon Paint Holdings Co., Ltd., Kansai Paints Co., Ltd., Masco Corporation. These players are focused on adopting growth strategies, such as partnerships, acquisitions, mergers, joint venture, collaborations, and more.
Some of the companies that are profiled in this report are:
- Sherwin-Williams Company
- BASF SE
- PPG Architectural Coatings
- ACI Inc.
- Asian Paints Limited
- Nippon Paint Holdings Co., Ltd.
- Kansai Paints Co., Ltd.
- Masco Corporation
By Resin Type
Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Other Resin Types
Water-borne and Solvent-borne
Commercial and Residential
The Architectural Coatings Market research report puts light on the supreme competitors and provides a worms eye view about their market share, trends and market scenarios during the forecast period. It also uncovers their mergers and acquisitions, inventions, new product launch, change in business policies and major collaborations.
Significantly high initial investment is one of the major obstacles to the market
Lack of information and awareness for safety rules is also hampering the market growth
Stringent regulations laid down by government is yet another hampering factor of the market
The Architectural Coatings Market Growth is segmented on the basis of product, application, end user, and geography. Moreover, the industry players profiled in the report are increasingly adopting various growth strategies to create niche market in the industry, increase their sales, and ultimately expand their global reach. The market is majorly dominated in geographies like North America, Europe, Latin America, Asia Pacific, and Middle East Africa.
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