Global Stain Resistant Coatings Market - Projected to Reach USD 4.60 Billion by 2026
DUBLIN, August 31, 2017 /PRNewswire/ --
The "Stain Resistant Coatings Market - Global Forecast to 2026" report has been added to Research and Markets' offering.
The global stain resistant coatings market is projected to reach USD 4.60 Billion by 2026, at a CAGR of 6.6% between 2016 and 2026. The stain resistant coating industry is witnessing growth on account of technological advancements and increasing demand for stain resistant coatings from the Asia-Pacific region, especially in countries such as China, Japan, and India. In addition, regulatory initiatives driving new paint formulations to meet low VOC emission requirements serve to be another significant factor propelling the growth of the global stain resistant coatings market. PTFE, PVDF, ETFE, PFA, and siloxane copolymer are major types of stain resistant coatings that are utilized in varied applications, such as architectural coatings, cookware & bakeware, textile softeners & repellents, electronics, and transportation.
The global stain resistant coatings market has been segmented on the basis of chemistry, technology, application, and region. Based on chemistry, the siloxane copolymer-based coatings segment accounted for the largest share of the global stain resistant coatings market, in terms of value, in 2016. This growth is mainly driven by the rise in demand for silicone-based stain resistant coatings in architectural coatings application. ETFE-based coatings is projected to be the fastest-growing segment in the global stain resistant coatings market, owing to the increasing usage of these coatings as a construction material in designing and moulding structures.
Based on technology, the global stain resistant coatings market has been segmented into water-based stain resistant coatings, solvent-based stain resistant coatings, and others (that include multipurpose-based and oil-based stain resistant coatings). The solvent-based coatings segment accounted for the largest share of the global stain resistant coatings market, in terms of value, in 2016, owing to low cost involved in the processing of these coatings. However, the water-based coatings segment is projected to be the fastest-growing segment of the global stain resistant coatings market, due to legislations imposed on the emission of VOC from paints.
Based on application, the global stain resistant coatings market has been segmented into architectural coatings, cookware & bakeware, textile softeners & repellants, electronics, transportation, and others (that include medical devices, chemical processing, and industrial equipment). The transportation segment is the fastest-growing application segment of the stain resistant coatings market. This growth is mainly attributed to the excellent properties and performance characteristics of stain resistant coatings, which make them suitable for the production of automotive components.
Companies Mentioned
- Akzonobel N.V.
- Apv Engineered Coatings
- Axalta Coating Systems
- BASF SE
- Becker Powder Coatings, Ltd.
- The Chemours Company
- Crypton, Inc.
- Dampney Company, Inc.
- DOW Chemical Company
- E. I. Du Pont De Nemours and Company
- Nano-Tex, Inc.
- Nippon Paint Holdings Co., Ltd.
- PPG Industries, Inc.
- Others
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Stain Resistant Coatings Market, By Chemistry
8 Stain Resistant Coatings Market, By Technology
9 Stain Resistant Coatings Market, By Application
10 Stain Resistant Coatings Market, By Region
11 Competitive Landscape
12 Company Profiles
13 Appendix
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