Albany, New York, April 4, 2018: A new research study titled “Architectural Coatings Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” has recently been submitted to the database of Market Research Reports Search Engine (MRRSE). According to the report, the global architectural coatings market is likely to grow at a CAGR of 5.7% during the assessment period, and reach a valuation of over US$ 87 Bn by 2025.
The research report on architectural coatings market analyzes this growing landscape in detail, highlighting the key factors that are impacting growth. An assessment on the restraints in the market has also been included for the perusal of readers. The growing opportunities and prevailing trends have also been analyzed in detail, and a lucid competitive analysis has been offered to readers. The stakeholders in the architectural coatings market have been profiled, and an assessment on the business and product strategies has been offered to readers.
According to the report, the demand for architectural coatings is likely to increase on account of growth in residential and commercial construction sector. The demand for architectural coatings had waned during the recession, as construction activities had come to a standstill; however, the resurgence in the housing market has led to an increase in the total sales of architectural coatings. These factors are likely to provide an impetus to the growth of the market during the assessment period.
The report segments the global architectural coatings market on the basis of end user, technology, resin type and region. The end user segment is further bifurcated into residential (re-construction and new building)and non-residential (re-construction and new building). The technology segment is sub-segmented into water-based architectural coatings and solvent-based architectural coatings. The resin type segment is categorized on the basis of Vinyl/Styrene based, Polyurethane based, Alkyds based, Acrylics based and other resins based architectural coatings. Geographically, the market is divided into key regions globally which are North America, Latin America, Europe, Asia Pacific and Middle East & Africa.
According to the report, Asia Pacific is likely to be one of the leading markets for architectural coatings during the assessment period. Demand for architectural coatings in Asia Pacific is likely to remain concentrated in China and India. In addition to Asia Pacific, North America is another lucrative market for architectural coatings, with US at the forefront of demand.
The report profiles some of the leading players operating in the market. Some of these players are Akzo Nobel N.V, PPG Industries, Inc., Nippon Paint Holdings Co., Ltd, The Sherwin-Williams Company, Kansai Paints Co. Ltd, RPM International Inc., Axalta Coating Systems, Cloverdale Paint Inc., Kelly Moore Paint Co. Inc and Behr Process Corp.
Browse Full Global Architectural Coatings Market Report with TOC : https://www.mrrse.com/architectural-coating-market
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