ALBANY, New York, July 3, 2019 /PRNewswire/ -- The architectural coatings market features a highly fragmented vendor landscape owing to the presence of numerous players. Key players dominant in the global architectural coatings market are The Sherwin-Williams Company, Akzo Nobel, and PPG Industries Inc. Despite the presence of several players in the market, these players are gaining a substantial share as they are focusing on research and development activities. Additionally, rising advancements in the water-based products coupled with rising construction of the residential sector are primarily offering robust growth opportunities for key players in the global architectural coatings market.

Request a Sample of Global Architectural Coatings Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19343

Asia Pacific to Dominate in the Architectural Coatings Market in Coming Years

Regionally, Asia Pacific is estimated to retain its dominance in the global architectural coating market owing to robust construction activities majorly in China. Rising demand for resins from the furniture industry and availability of resins are playing a curtail role in the global architectural coatings market in the region and especially in the countries such as China and India. Additionally, the demand for special furniture and coatings is continuously changing in Japan, as it is prone to natural calamities, which is benefiting the growth of the market in the region. However, the Europe region is estimated to account for a second leading share in the overall revenue by the end of the forecast period. Owing to the high demand for architectural coatings from countries such as France, Spain, Italy, and the U.K., the market in the region is likely to gain benefit.

The term architectural coatings include a wide range of coatings such as varnishes, primers, paints, sealers, ceramics, inks, and others. They are used on the interior as well as exterior walls, ceilings of buildings, and floor; the architectural coatings are supposed to be resistant to certain factors such as heat, moisture, changing the weather, and chemicals.

Is something restraining your company's growth in the Architectural Coatings Market? Ask for the report brochure here

Changing Lifestyles in Developing Countries Drive Architectural Coatings Market Growth

The factors such as swift urbanization and globalization especially in the developing countries are leading to an increase in disposable incomes, which instigates the desire to own a house among the masses. This is a key factor in increasing construction activities for residential areas. Additionally, factors such as rising investments in the commercial and infrastructural development are driving the growth of the global architectural coatings market.

Rising awareness level among people about environment safety is boosting demand for low-odor and higher durability coatings which primarily reduce the emission of low-odor and higher durability coatings. Further, these coatings are emitting low volatile organic contents (VOCs), thus boosting the demand for architectural coatings. Additionally, rising industrialization coupled with availability of less stringent regulations in the developing regions is driving growth of the global architectural coatings market. Thus, the market for architectural coatings stood at US$53,264.4 mn in 2016 and is estimated to be worth US$87,500.4 mn by 2025. The market is likely to expand by exhibiting a growth rate of 5.7% during the forecast period from 2017 to 2025. 

Stuck in a neck-to-neck competition with other brands? Request a custom report on competition on Architectural Coatings Market here

Paints are generally used for the exterior of the house for not only for aesthetic appeal, but also for protecting the walls and doors from freezing winters, blistering summers, soaking rain, and bombardment of UV radiation. However, paints are generally damaged due to excessive dew, moisture, rain, and snow. Thus, a water-based resin or the architectural coating comes in the picture and benefits the market growth.

This information is encompassed in the report by TMR, titled, "Architectural Coatings Market (Resin - Vinyl/Styrene, Acrylics, Alkyds, and Polyurethane; Technology - Water-based and Solvent-based; End-User: Residential (New Building, Reconstruction) and Non-Residential (New Building, Reconstruction)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 - 2025."

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=19343

For the study, the architectural coatings market has been segmented as follows:

Resin

• Vinyl/Styrene
• Acrylics
• Alkyds
• Polyurethane
• Others

Technology Analysis

• Oil based
• Water based
• Solvent based

End User

• Residential
• New Building
• Reconstruction
• Non-residential
• New Building
• Reconstruction

Geography

• North America
• U.S.
• Rest of North America
• Europe
• U.K.
• Germany
• France
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific

Browse Chemicals and Materials Market Research Reports

Popular Research Reports by TMR:

• Abrasion-resistive Coatings Market: https://www.transparencymarketresearch.com/abrasion-resistive-coatings-market.html
• Stain Resistance Coatings Market: https://www.transparencymarketresearch.com/stain-resistance-coatings-market.html
• Nanostructured Coatings Market: https://www.transparencymarketresearch.com/nanostructured-coatings-market.html
• Novel Functional Coatings Industry Market: https://www.transparencymarketresearch.com/novel-functional-coatings-industry-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact:
Mr. Rohit Bhisey
Transparency Market Research
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 

Website: http://www.transparencymarketresearch.com 

Research Blog: http://www.europlat.org/ 

Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg  

SOURCE Transparency Market Research