Global Construction Repaint Market By Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester), Formulation (Solvent Borne, Waterborne), Application (Residential, Commercial, Industrial), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Analysis: Global Construction Repaint Market
Global construction repaint market is projected to grow at a substantial CAGR of 6.3% during the forecast period of 2019 to 2026 and is expected to reach USD 91.83 billion by 2026. The upcoming market report contains data for historic year 2017the base year of calculation is 2018 and the forecast period is 2019 to 2026. The rise market can be attributed to aging and damage of paints in existing buildings and rise in building and construction sector.
Market Definition: Global Construction Repaint Market
Construction repaints are the paints which are used in homes, commercial, multi-family residential and institutional applications. They are used for repairs, maintenance, and renovation. They are also used in varnishes, emulsions, and enamels.
- Aging and damage of paints in existing buildings and infrastructure
- Growing market for building & construction sector
- Fluctuating crude oil prices affecting the prices of raw materials
- Increasing popularity of glass buildings
- Use of durable products improving the life of paints
Segmentation: Global Construction Repaint Market
By Resin Type
- Solvent Borne
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
Key Developments in the Market:
- In November 2018, AkzoNobel announced paint the future challenge, this challenge aims in connecting with new disruptive technologies and accelerate for the innovation in paints and coatings. The challenge is launched in partnership with KPMG
- In June 2017, Sherwin-Williams Acquires Valspar, to be the global Leader in paint and coatings, shareholders of Valspar will receive USD 113 per share in cash. This will accelerates Sherwin-Williams' global growth strategy and makes them world’s leading paints and coatings
Competitive Analysis: Global Construction Repaint Market
Global construction repaint market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of construction repaint market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Construction Repaint Market
Some of the major players in construction repaint market are PPG Industries Ohio, Inc.., Akzo Nobel N.V., The Sherwin-Williams Company, RPM International Inc., Axalta Coating Systems LLC, The Valspar Corporation, Nippon Paint Holdings Co., Ltd., Asian Paints Ltd., Jotun A/S, Kansai Paint Co., Ltd., Higgins Coatings, Nelsen Construction LLC, Inside-Out Painting & Construction, Rufinos Painting & Construction, PAL Painting, YP LLC, NLPC Inc., Basic Needs Construction & Painting Company, LLC, Fitzpatrick Painting Inc, Right Choice Painting & Construction, Willco, Inc. and many more.
Research Methodology: Global Construction Repaint Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Reasons to Purchase this Report
- Current and future of global construction repaint market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)