Architectural Coatings Market

Global Architectural Coatings Market by Technologies (Solvent-borne and Water-borne), Resin Types (Alkyd, Pure Acrylics, Vinyl Acetate, Acetates, Styrene Acrylics, and Others), Construction Sectors (Commercials and Residential), Coating Types (Exterior, Interior), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-1028
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 134
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The global architectural coatings market size is projected to register a significant CAGR of 5.7% during the forecast period, 2021–2028. The growth of the market is attributed to the building construction is on the rise, in emerging countries.

The architectural coatings market is the most significant part of the total coatings market. Architectural coatings include powder, paints, and other materials that are used to coat buildings and homes. Many architectural coatings, including exterior and interior wall arts, roof sealants, and carpet coatings, are developed for a particular application. Infrastructure gets numerous safeties, aesthetic, and long-lasting benefits from these coatings.

Global Architectural Coatings Market Summary

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for fire resistance and waterproofing products for new and refurbishment projects, particularly in areas with severe temperatures are estimated to boost the market growth in the coming years.
  • Increasing remodeling and repair activities in both commercials and residential architectures in nations such as the United States, Germany, Japan, Canada, Mexico, China, and Australia are major factors spurring the market expansion during the forecast period.
  • Increasing raw material costs is anticipated to impede the market growth.
  • Government rules aimed at reducing the toxic VOCs generated by some of the architectural paints act as the main challenges that can restrict the market expansion in the coming years.
  • Rising demand for environmentally friendly coatings is expected to offer immense opportunities for the market players.

Scope of the Report

The report on the global architectural coatings market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Global Architectural Coatings Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

By Technologies (Solvent-borne and Water-borne), Resin Types (Alkyd, Pure Acrylics, Vinyl Acetate, Acetates, Styrene Acrylics, and Others), Construction Sectors (Commercials and Residential), and Coating Types (Exterior, Interior)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Tikkurila; The Sherwin-Williams Company; RPM International Inc.; PPG Industries, Inc.; Nippon Paint Holdings Co., Ltd.; Masco Corporation; Kansai Paint Co. Ltd.; Jotun; Hempel A/S; DAW SE; CARPOLY; Berger Paints India Limited; Asian Paint; ANNIE SLOAN INTERIORS LTD.; and Akzo Nobel N.V.

 

Global Architectural Coatings Market Segment Insights

Water-borne segment is projected to account for a key market share
Based on technologies, the global architectural coatings market is bifurcated into solvent-borne and water-borne. The water-borne segment is expected to represent a key share of the market in the coming years owing to fundamental advantages over all other coating materials. For infrastructure applications, waterborne paints and varnishes provide a reliable and low smell solution, as water is utilized as the solvent media for dispersion of the resins, these coats are also simple to apply.

Global Architectural Coatings Market By Technology

Pure acrylics segment is expected to grow at a significant pace
On the basis of resin types, the market is segmented into alkyd, pure acrylics, vinyl acetate, acetates, styrene acrylics, and others. The pure acrylics segment is expected to hold a key share of the market during the forecast period owing to it is used in a lot of architectural paints, acrylics outperform alkyds, oil-based paints, and epoxies in terms of weathering and resistance to corrosion because the main components of acrylic polymers include a polymer structure with hardly any propensity to absorb ultraviolet light. Acrylics also have nice color and sheen persistence. They're well-known for their sturdiness, as they shield the underlying substrate from the effects of snow, rain, wind, and UV rays.

Residential segment is projected to represent a major market share
Based on construction sectors, the market is divided into commercials and residential. The residential segment is expected to hold a key share of the market during the forecast period owing to paints and coatings are also employed in the interiors of homes to add color or for ornamental purposes, among many other things. Their roles differ depending on the sort of location and room in which they are employed. Due to the extreme wetness, the walls of the bathroom, for example, must be easily cleanable to stay clean. Paints with a higher glossy sheen have a stronger molecular structure than flat paints, enabling moisture penetration more challenging. As a result, these paints are utilized in bathrooms.

In recent years, improved economic growth and better earnings have led to the construction of several new homes and the renovation of existing ones. Fresh paint and repainting are two types of architectural coatings used in homebuilding. Stains, paints, primers, lacquers, and cleaners are among the most common architectural and utilitarian coatings.

Global Architectural Coatings Market By Construction Sector

Exterior segment is expected to register at a robust pace
On the basis of coating types, the global architectural coatings market is segmented into the exterior, interior. The exterior segment is expected to constitute a key share of the market in the coming years owing not only to enhance its aesthetic value, but also to safeguard it from frigid winters, scorching summers, drenching rain, and daily UV radiation without splitting, flaking, or fading. Paint, on the other hand, is damaged by moisture. Exterior paint can be damaged by mist, rain, frost, and ice on the outside, as well as vapor and moisture formation on the inside. Blisters can develop when moisture pierces the paint, and the paint can sometimes peel. As heat blisters, moisture blisters penetrate all layers of paint directly to the wood.

Asia Pacific is expected to dominate the market
On the basis of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market at an impressive CAGR during the forecast period. The regional market growth can be attributed to increased usage, emerging technologies, and infrastructure expansions.

Global Architectural Coatings Market By Region

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Architectural Coatings Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Architectural Coatings Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Architectural Coatings Market - Supply Chain
  4.5. Global Architectural Coatings Market Forecast
     4.5.1. Architectural Coatings Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Architectural Coatings Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Architectural Coatings Market Absolute $ Opportunity
5. Global Architectural Coatings Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Architectural Coatings Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Architectural Coatings Demand Share Forecast, 2019-2026
6. North America Architectural Coatings Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Architectural Coatings Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Architectural Coatings Demand Share Forecast, 2019-2026
7. Latin America Architectural Coatings Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Architectural Coatings Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Architectural Coatings Demand Share Forecast, 2019-2026
8. Europe Architectural Coatings Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Architectural Coatings Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Architectural Coatings Demand Share Forecast, 2019-2026
9. Asia Pacific Architectural Coatings Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Architectural Coatings Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Architectural Coatings Demand Share Forecast, 2019-2026
10. Middle East & Africa Architectural Coatings Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Architectural Coatings Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Architectural Coatings Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Architectural Coatings Market: Market Share Analysis
  11.2. Architectural Coatings Distributors and Customers
  11.3. Architectural Coatings Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Tikkurila
     11.4.2. The Sherwin-Williams Company
     11.4.3. RPM International Inc.
     11.4.4. PPG Industries, Inc.
     11.4.5. Nippon Paint Holdings Co., Ltd.
     11.4.6. Masco Corporation
     11.4.7.

Segments Covered in the Report
The global architectural coatings market has been segmented based on

Technologies

  • Solvent-borne
  • Water-borne

Resin Types

  • Alkyd
  • Pure Acrylics
  • Vinyl Acetate
  • Acetates
  • Styrene Acrylics
  • Others

Construction Sectors

  • Commercials
  • Residential

Coating Types

  • Exterior
  • Interior

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Tikkurila
  • The Sherwin-Williams Company
  • RPM International Inc.
  • PPG Industries, Inc.
  • Nippon Paint Holdings Co., Ltd.
  • Masco Corporation
  • Kansai Paint Co.,Ltd.
  • Jotun
  • Hempel A/S
  • DAW SE
  • CARPOLY
  • Berger Paints India Limited
  • Asian Paints
  • ANNIE SLOAN INTERIORS LTD.
  • Akzo Nobel N.V.

Key players competing in the global architectural coatings market include Tikkurila; The Sherwin-Williams Company; RPM International Inc.; PPG Industries, Inc.; Nippon Paint Holdings Co., Ltd.; Masco Corporation; Kansai Paint Co. Ltd.; Jotun; Hempel A/S; DAW SE; CARPOLY; Berger Paints India Limited; Asian Paint; ANNIE SLOAN INTERIORS LTD.; and Akzo Nobel N.V. Some of these players are adopting several business strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares.

Global Architectural Coatings Market By Key Players

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