July 22, 2019 by Steve Blade
The report aims to offer readers with ample competitive advantage and cues on market entry barriers, based on which aspiring market entrants as well as established players can drive profitable investment discretion. To aid readers’ understanding the report is systematically classified into detailed chapters. In its trailing sections the report also includes a detailed chapter on segmental analysis of architectural coatings market to offer veritable insights on segments’ historical and future growth estimations. Further in the course of the report readers are also enlightened about regional assessment of pivotal factors.
Additionally, need for robust coating materials remains imperative across both residential as well as commercial spaces, thereby further augmenting adoption of apt coating materials to ensure corrosion resistance. Further, inclination of masses towards superlative interior, along with improved spending capabilities enable flawless finish with architectural coatings. Resonating with fast evolving construction sector, coupled with growing mindfulness pertaining adoption of safe coating materials with negligible hazardous implications, leading veterans in architectural coatings market are encouraged to direct ample resources towards R&D ventures favoring novel technologies and improved coating materials.
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Table of Content
1. Executive Summary
2. Global Architectural Coatings Market Overview
To be Continue.............
Immense Growth in Construction Sector Boosts Demand for Architectural Coatings
Growth in people migrating to urban areas is resulting in the development of affordable housing and infrastructure by the construction industry. This is driving the demand for various equipment and architectural coatings materials used in the construction of residential as well as commercial complexes.
China, India, and the US are likely to see a significant growth in construction in the near future, according to the report named Global Construction 2030, by expert team from Global Construction Perspectives and Oxford Economics. As per the report, India is likely to grow twice as fast as China by 2030. Meanwhile, most of the construction growth in the US is expected to tilt towards the southern states.
The demand for exterior architectural coatings to protect a building from moisture, UV radiations, and microbes is increasing. Moreover, the growing demand for a greater variety of colors, with better consistency and durability is also resulting in manufacturers providing a wide range of eco-friendly, higher quality architectural coatings. Rise in the renovation of existing construction is also driving demand for both interior and exterior architectural coatings.
The architectural coatings market report provides information on all the leading companies in the market. The report also provides SWOT analysis along with the dashboard view of the major players in the architectural coatings market. Key developments, market share, business strategies of each player in the architectural coatings market is offered in the report.
Increasing number of companies in the architectural coatings market are planning to expand themselves in regional markets through partnerships and mergers and acquisitions. New product development is also one of the strategies of most of the key players in the architectural coatings market.
PPG Industries Inc. has launched advanced passive fire-protection coating known as PPG PITT-CHAR NX. The coating eliminate cracking and delamination risk during transportation, fabrication and construction.
AkzoNobel with a plan to combine its expertise with ingenious solutions of startup has launched Paint and Future Innovation Challenge. The company through the challenge aims to connect with startups and develop new technologies and product innovation in paints and coatings. The winner will be awarded a chance to enter into a joint development with AkzoNobel.
Nippon Paint along with Wiskind has launched a coil coating joint innovation center. The companies’ together plan to find new business opportunities and advancing technology development. They also plan to offer high value-added solutions to their clients in the construction sector.
Additional Questions Answered
The report on the architectural coatings market also provide answers to some of the important questions.
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