Global Stain Resistant Coatings Market By Chemistry (Polytetrafluoroethylene (PTFE), Perfluoroalkoxy Polymer (PFA), Ethylene Tetrafluoroethylene (ETFE), Polyvinylidene Fluoride (PVDF), Siloxane Copolymers); Technology (Water Based Stain Resistant Coating, Solvent Based Stain Resistant Coating); Application (Architectural Coatings, Cookware and Bakeware, Textile Softeners and Repellents, Electronics, Transportation); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024The Global Stain Resistant Coatings Market accounted for USD 3.23 billion in 2016 and projected to grow at a CAGR of 4.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Stain Resistant Coatings Market
Stain resistant coatings hold great performance in stain resistance and release and objects coated with them are easy to clean and appear for the longer time. It has its wide application in various fields including cookware and bakeware, architectural coatings, transportation, electronics, and textile softeners and repellents. Reduced maintenance costs of the substrate, and growing key end-user industries may act as the major driver in the growth of stain resistant coatings market. On the other side, highly capital intensive may hamper the market.
Major Market Drivers: Global Stain Resistant Coatings Market
- Reduced maintenance costs of the substrate
- Growing key end-user industries
- Strong demand for stain resistant coatings in Asia Pacific
- Environmental sustainability
- Highly capital intensive
Market Segmentation: Global Stain Resistant Coatings Market
On the basis of chemistry, global stain resistant coatings market is segmented into polytetrafluoroethylene (PTFE), perfluoroalkoxy polymer (PFA), ethylene tetrafluoroethylene (ETFE), polyvinylidene fluoride (PVDF), siloxane copolymers, and others.
On the basis of technology, the global stain resistant coatings market is segmented into water based stain resistant coating, solvent based stain resistant coatings, and others.
On the basis of application, the global stain resistant coatings market is segmented into architectural coatings, cookware and bakeware, textile softeners and repellents, electronics, transportation, and others.
On the basis of geography, the global stain resistant coatings market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Stain Resistant Coatings Market
The global stain resistant coatings market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors
Some of the major players in global stain resistant coatings market include PPG Industries, Inc., Akzo Nobel N.V., DuPont, The Dow Chemical Company, 3M, The Sherwin-Williams Company, Nippon Paint Holdings Co., BASF SE, Axalta Coating Systems, LLC, The Chemours Company, APV Engineered Coatings, ICL Performance Products, Crystalusion Limited, Dampney Company, Crypton LLC, Beckers Group, Nanotex, TEIJIN LIMITED, Tokushiki Co., Ltd, Rust-Oleum, and others.
Research Methodology: Global Stain Resistant Coatings Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed 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.