Asia-Pacific Architectural Coatings Market, By Resin Type (Acrylic, Vinyl Acetate-Ethylene (VAE), Alkyds, Polyurethane, Epoxy, Polyesters, Others), Technology (Solvent-borne, Waterborne), Function (Paints, Primers, Varnishes, Stains, Sealers, Powder Coatings, Lacquers, Ceramics, Others), Application (Commercial, Residential, Coatings for Wood, Roof Coatings, Floor Coatings), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Asia-Pacific Architectural Coatings Market
The architectural coatings market is expected to witness market growth at a rate of 6.5% in the forecast period of 2021 to 2028. Data Bridge Market Research report on architectural coatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for the product for various industrial applications is escalating the growth of architectural coatings market.
The architectural coatings known to be the type of coatings including powder, paints and others that are used for coat buildings and homes. Most of the architectural coatings are particularly designed for a certain utilization including interior and exterior wall painting, roof coatings and floor coatings.
Major factors that are expected to boost the growth of the architectural coatings market in the forecast period are the rise in the demand from the construction industry around the world. Furthermore, the environmentally-friendly coating systems and utilization of the coating to avoid corrosion & rusting of metallic parts of fences, tanks, radiators and metal furniture is further anticipated to propel the growth of the architectural coatings market. Moreover, the rise in the need for high durability and eco-friendly coatings, and durable coatings with better performance and aesthetics is further estimated to cushion the growth of the architectural coatings market. On the other hand, the strict government regulations against the harmful VOCs emitted by certain architectural coatings is further projected to impede the growth of the architectural coatings market in the timeline period.
In addition, investments in advancing countries and acceptance of green coatings will further provide potential opportunities for the growth of the architectural coatings market in the coming years. However, concerns regarding the environment might further challenge the growth of the architectural coatings market in the near future.
This architectural coatings market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the architectural coatings market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Architectural Coatings Market Scope and Market Size
The architectural coatings market is segmented on the basis of resin type, technology, function and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of resin type, the adhesive resin market is segmented into Acrylic, Vinyl Acetate-Ethylene (VAE), Alkyds, Polyurethane, Epoxy, Polyesters and Others.
- On the basis of technology, the adhesive resin market is segmented into solvent borne, and waterborne.
- On the basis of function, the architectural coatings market is segmented into paints, primers, varnishes, stains, sealers, powder coatings, lacquers, ceramics and others.
- On the basis of application, the adhesive resin market is segmented into commercial, residential, coatings for wood, roof coatings and floor coatings.
Architectural Coatings Market Country Level Analysis
Adhesive resin market is analysed, and market size, volume information is provided by country, resin type, technology, function and application as referenced above.
The countries covered in the architectural coatings market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines and rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Architectural Coatings Market Share Analysis
The architectural coatings market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the architectural coatings market.
The major players covered in the architectural coatings market report are Akzo Nobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, NIPSEA Group, BASF SE, Asian Paints Limited, Axalta Coating Systems, LLC, Brillux GmbH & Co. KG, Colorado Commercial & Residential Painting, IFS Coatings, Kansai Paint Co., Ltd., KEIM Mineral Coatings of America, Inc., Kelly-Moore Paints, Masco Corporation, RPM International Inc. among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.