The global architectural coatings market size was valued at over USD 71 billion in 2020 and projected to grow at a significant CAGR of around 5% during the forecast period 2021 to 2027. Rapid industrialization and urbanization are some primary factors to drive the market growth. Furthermore, the rising construction activities in residential area in developing economies are another factor to drive the market. The increasing demand for eco-friendly and durable coatings is expected to propel the market growth. In addition, the development and innovation activities in developing economies are expected to provide some new opportunities for market growth. However, stringent government regulation for harmful VOCs is expected to restrain market growth.
The report titled "Architectural Coatings Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Architectural Coatings industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Architectural Coatings market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Architectural Coatings Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Architectural Coatings Market Segmentation:
By Resin Type:
Acrylics
Alkyds
Epoxy
Urethanes
Vinyl
Others
By Technology:
Water-borne
Solvent-borne
Powder
By Application:
Residential
Commercial
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa