© 2016 Global Market Insights, Inc. USA. All Rights Reserved Architectural Coatings Market size, share, industry analysis & forecast, AkzoNobel, Valspar, Sherwin-Williams, and PPG are the Leading Manufacturers
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Architectural Coatings Market size is majorly driven by the developments in the construction industry and rising demand for exotic coatings. Increasing number of commercial buildings coming up throughout the globe will propel the market for architectural coatings. With the global shift towards Asia Pacific for commercial spaces, the architectural market size is forecasted to grow significantly from 2016 to Reconstruction spending coupled with dual income families is also driving the architectural coating market in the U.S. These products are also used in interior decoration such as wood flooring, wall painting, furniture and sculptures. With the enhancing financial and social status of the population of the developed as well as the emerging nations, the demand for architectural coatings is only likely to increase between 2016 and Global Market Scenario of Architectural Coatings Industry
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Increase in environmental awareness has led to innovations to provide quality products in coating industry which are affordable, high quality, possess value added features and meet global trends. Also, growing safety standards will rise the demand for fireproof and waterproof coatings on buildings. This is shifting the global focus towards architectural coatings market. Transportation is a growing application area, which involves coatings for buses, cars, aircraft, rail and ship. They help in preserving the material from corrosion, rusting or other oxidation damage. Architectural coatings market can be segmented based on resin type, technology, and application. Major resin types include acrylic, epoxy and polyester. Acrylics have a fast drying property and find extensive use in the paints industry. Epoxy has a major application in the paints and coatings industry to provide the adhesive nature as well luster in the paints. Continue… Inquire For Buying Industry
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Architectural coatings market can be segmented based on resin type, technology, and application. Major resin types include acrylic, epoxy and polyester. Acrylics have a fast drying property and find extensive use in the paints industry. Epoxy has a major application in the paints and coatings industry to provide the adhesive nature as well luster in the paints. Asia Pacific accounted for over a third of the volume and revenue share of the worldwide demand for paints and varnishes in Construction industry accounts for almost half of the global consumption of paints and varnishes. Key technology segments include water based and solvent based and powder coatings. Water and solvent based paints & varnishes accounts for the major chunk of the global share. However, powder coating is also finding application in household appliances, metal products, facade elements and computer casing and is estimated to gain share until Request Detailed Table of contents of Industry Products Insights
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Browse this full Asia Pacific architectural coatings market revenue was driven by investments from MNCs such as AkzoNobel, Valspar, Sherwin-Williams, and PPG. These companies have been observed to increase their product portfolios in countries of Asia Pacific as well as parts of Latin America, which is forecast to drive growth. Competitive Insights
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