Architectural Coatings Market
Architectural Coatings Market Analysis Report By Resin Type (Acrylic, Fluoropolymers, Urethane, Metallic, UV Curable Resins Architectural Coatings) By Formulation Type (Solvent Borne, Water Borne Architectural Coatings), By Application, By Region - Global Insights 2022 to 2032
Analysis of Architectural Coatings market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Architectural Coatings Market Outlook (2022 to 2032)
The architectural coatings market accumulated a market value of US$ 77,888 Mn in 2021 and is expected to register a positive CAGR of 4.52% in the assessment period 2022 to 2032 by garnering a market value of US$ 121,000 Mn.
Report Attributes | Details |
---|---|
Market Size Value in 2021 | US$ 77,788 Mn |
Project Market Forecast Value in 2032 | US$ 121,000 Mn |
Global Growth Rate (2022 to 2032) | 4.5% |
Market Share of Asia Pacific | 45% |
Key Companies Profiled | PPG Industries; Akzo Nobel; The Sherwin-Williams Co; RPM International Inc.; E. I. du Pont de Nemours and Company; Nippon Paint Holdings Co.; Axalta Coating Systems; The Valspar Corp; BASF Coatings; Kansai Paint Co. Ltd; Asian Paints Ltd; Behr Process Corp; Benjamin Moore & Co.; Nippon Paint (USA); Dunn-Edwards Corporation; Ennis-Flint, Shawcor Ltd; Kelly-Moore Paint Co., Inc.; Cloverdale Paint Inc.; Dow Coatings |
Top 6 players in the architectural coatings market account for nearly 1/3rd of the revenue share, upheld by their operations worldwide and robust sales infrastructure. Moreover, inclination towards renovation is positively influencing the sales of architectural coatings.
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Demand Analysis of Architectural Coatings from 2017 to 2021 Vs Market Projections for 2022 to 2032
Historically, from 2017 to 2021, the sales of architectural coatings exceeded US$ 77,788 Mn by the end of 2021.
Manufacturers of architectural coatings are focusing on producing environmentally-friendly products that create lesser emissions and reduce the carbon footprint. Moreover, inclination towards renovation, especially from the residential sector is driving the demand for architectural coatings.
Thus, the market for architectural coatings is expected to surpass US$ 1,21,000 Mn by registering a CAGR of 4.5% in the sales indicator period 2022 to 2032.
Immense Growth in Construction Sector Boosting Demand for Architectural Coatings?
Growth in people migrating to urban areas is resulting in the development of affordable housing and infrastructure by the construction industry. This is driving the demand for various equipment and architectural coatings materials used in the construction of residential as well as commercial complexes.
China, India, and the US are likely to see a significant growth in construction in the near future, according to the report named Global Construction 2030, by expert team from Global Construction Perspectives and Oxford Economics. As per the report, India is likely to grow twice as fast as China by 2030. Meanwhile, most of the construction growth in the US is expected to tilt towards the southern states.
The demand for exterior architectural coatings to protect a building from moisture, UV radiations, and microbes is increasing. Moreover, the growing demand for a greater variety of colours, with better consistency and durability is also resulting in manufacturers providing a wide range of eco-friendly, higher quality architectural coatings. Furthermore, increasing inclination towards renovation of existing construction is also driving demand for both interior and exterior architectural coatings.
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Are Global Emission Regulations Creating Huge Demand for Low and Zero VOC Architectural Coatings Products?
In the last few years, governments across various countries have introduced stringent regulations on emission from Volatile Organic Compounds (VOC) products used in paints and architectural coatings. Thus, increasing consumer awareness of the negative effects of VOCs is driving demand for low and zero VOC coatings and paints.
Increasing number of companies are working on projects where LEED (Leadership in Energy and Environmental Design) certification is required. Thus, varying degree of accepted VOC levels in LEED certification is accelerating the demand for low and zero VOC paints and coatings.
Manufacturers in architectural coatings market are focusing on maintaining balance between low VOC level and high-quality products to meet consumer demand and meet the performance gap between low VOC and traditional coating products. Moreover, green building standards in some countries relating to indoor air quality and growing desire for low odour interior has also resulted in increased production and demand for ultra-low and zero VOC paints and architectural coatings.
Regulatory Changes Creating Obstacles for Coating Manufacturers?
Solvent-based coatings are used widely owing to their low-cost, superior film-forming characteristics, and ease of application. However, introduction of stringent VOC and other regulations worldwide is driving shift from solvent-based to water-based architectural coatings.
Manufacturers in the architectural coatings market are constantly struggling to enhance the performance of water-based coatings and minimize its cost. Moreover, manufacturers are also finding ways to maintain low Minimum Film Formation Temperature (MFFT) and at the same time ensuring hardness of the dried film in water-based coatings.
Regulations on VOC emission is also emerging as a challenge for architectural coatings manufacturers. Lack of VOC in water-based coating results in quick evaporation of water resulting in tacky paint. Hence, architectural coatings manufacturers are focusing on developing a raw material that offers longer open time for paint user.
In addition, longer dry time of water-based coatings requires additional heat and air movement. One of the biggest challenges in the use of water-based coatings is majorly performance-related in various industries. Some of the issues include UV degradation, corrosion resistance, and adhesion to various surfaces including plastic, steel, aluminum, etc.
To improve the performance of water-based architectural coatings, manufacturers have also started providing co-solvents, which includes low concentration of solvents in water-based architectural coatings. With advancement in raw materials improving capability of water-based coatings has resulted in higher cost of per volume of water-based architectural coatings as compared to solvent-based coatings.
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Country-wise Analysis
Growth in Construction Industry Leveraging Demand for Architectural Coatings in Asia Pacific?
Asia Pacific is likely to remain dominant in the architectural coatings market for a long period of time. With growing economy and emerging middle class, the demand for residential construction is growing the India and China. Majority of the construction projects use solvent-based coatings and paints owing to the low-cost and better performance.
However, eco-friendly coatings have shown better growth in recent years with governments across APEJ introducing VOC emission. Research institutes along with the green coating manufacturers are investing increasingly in the research and development of innovative raw materials and technologies resulting in the non-hazardous and eco-friendly architectural coatings.
Decorative coatings used in construction, renovation, of the properties have also shown a steady growth in the Asia Pacific region, especially in India, China, and Indonesia. To meet the demand for decorative architectural coatings and environmentally friendly coatings, key market players in the region are focusing on understanding relationship between application techniques, local raw materials, and a substrate difference.
The production of sustainable coatings and smart coatings enhancing the dirt and mould resistance has also increased in the architectural coatings market in Asia Pacific. Production of formaldehyde free, reduced VOC, and water-based coatings has also grown to meet the rising demand for eco-friendly architectural coatings in the region. Thus, Asia Pacific is expected to possess more than 45% market share in the market for architectural coatings.
Inclination Towards Renovation Augmenting Demand for Architectural Coatings?
People from countries like Turkey, U.K., Germany and Spain have shown a growing inclination towards renovation of residential and non-residential areas. This has led to an increase in the demand for architectural coatings.
As urbanization in these countries has increased by leaps and bounds, the sales of architectural coatings have increased. Thus, Europe is expected to possess more than 35% market share for architectural coatings.
Category-Wise Insights
Environmental Concerns Increasing Application of UV Curable Resins?
In recent years, there has been a rise in the use of radiation curing technology for buildings, interior and exterior coatings. Hence, the demand for UV curable resins in the architectural coatings has increased. Moreover, increasing environmental concerns and on-going legislation to limit emission from VOC is leading to the growing demand for UV curable fluorine-containing resins.
Architectural coatings manufacturers across the globe are also upgrading their operations to develop water-based UV curable coating. Combining eco-friendly properties of water-based formulas and fast curing time by UV system, manufacturers are providing high performance and strong chemical resistance. Thus, UV curable resins are expected to procure more than 40% market share for architectural coatings.
Environmentally Friendly Coatings Spurring Demand in Residential Sector?
Application and use of architectural coatings for residential purposes has increased tremendously. This is owing to the rapid urbanization in developing regions of the world. Moreover, people across the globe are renovating homes to increase the aesthetic appeal of the same by following trends.
In addition, environmentally friendly options are driving the sales of architectural coating in the residential sector. Thus, according to Fact.MR, residential sector is expected to account for more than 50% market share for architectural coatings.
Competitive Landscape
The leading players in the market are focusing on global expansion with new product launches, acquisitions, and opening new facilities in various countries.
- PPG Industries Inc., one of the top 6 players with focus on acquisition and enhancing distribution capabilities has acquired ProCoatings, architectural coatings and paint wholesaler in The Netherlands. Moreover, the company is also developing new distribution center for architectural paint and coatings in Texas.
- Another major player, Sherwin Williams has introduced Minwax performance series with redesigned color palette and interior stain design center.
- Meanwhile, Axalta has also opened world’s largest coatings research and development center in Philadelphia.
Key Segments Covered
-
By Resin Type :
- Acrylic Architectural Coatings
- UV Curable Resins Architectural Coatings
- Fluoropolymers Architectural Coatings
- Urethane Architectural Coatings
- Metallic Additive Architectural Coatings
- Other Architectural Coatings (epoxy, polyalkyds and amines)
-
By Formulation Type :
- Solvent Borne Architectural Coatings
- Water Borne Architectural Coatings
-
By Application :
- Architectural Coatings for Residential Applications
- Architectural Coatings Non Residential Applications
Table of Content
- 1. Executive Summary
- 2. Global Market Overview
- 3. Associated Indicators Assessment
- 4. Global Market Analysis and Forecast 2017 to 2032
- 5. Global Market Size and Forecast By Formulation Type, 2017 to 2032
- 5.1. Solvent Bourne
- 5.2. Water Bourne
- 6. Global Market Size and Forecast By Application, 2017 to 2032
- 6.1. Residential
- 6.2. Non-Residential
- 7. North America Market Analysis 2013 to 2017 and Forecast 2018 to 2027
- 8. Latin America Market Analysis 2013 to 2017 and Forecast 2018 to 2027
- 9. Europe Market Analysis 2013 to 2017 and Forecast 2018 to 2027
- 10. Japan Market Analysis 2013 to 2017 and Forecast 2018 to 2027
- 11. APEJ Market Analysis 2013 to 2017 and Forecast 2018 to 2027
- 12. MEA Market Analysis 2013 to 2017 and Forecast 2018 to 2027
- 13. Competitive Assessment
- 14. Company Profiles
- 14.1. PPG
- 14.2. AkzoNobel
- 14.3. The Sherwin-Williams Co.
- 14.4. RPM International Inc.
- 14.5. E. I. du Pont de Nemours and Company
- 14.6. Nippon Paint Holdings Co.
- 14.7. Axalta Coating Systems
- 14.8. The Valspar Corp.
- 14.9. BASF Coatings
- 14.10. Kansai Paint Co. Ltd.
- 14.11. Asian Paints Ltd.
- 14.12. Behr Process Corp.
- 14.13. Benjamin Moore & Co.
- 14.14. Nippon Paint (USA)
- 14.15. Dunn-Edwards Corporation
- 14.16. Ennis-Flint
- 14.17. Shawcor Ltd.
- 14.18. Kelly-Moore Paint Co., Inc.
- 14.19. Cloverdale Paint Inc.
- 14.20. Dow Coatings
- 15. Disclaimer & Contact Information
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List Of Table
TABLE 1: Global Market Value (US$ Bn) & Volume (Tones), 2017 to 2021
TABLE 2: Global Market Value (US$ Bn) & Volume (Tones), 2022 to 2032
TABLE 3: Global Market Value (US$ Bn) & Volume (Tones) and Y-o-Y, 2017 to 2032
TABLE 4: Global Acrylics Segment Value (US$ Bn) & Volume (Tones), By Region 2017 to 2021
TABLE 5: Global Acrylics Segment Value (US$ Bn) & Volume (Tones), By Region 2022 to 2032
TABLE 6: Global Acrylics Segment Market Share, By Region 2017 to 2021
TABLE 7: Global Acrylics Segment Market Share, By Region 2022 to 2032
TABLE 8: Global Acrylics Segment Y-o-Y, By Region 2017 to 2032
TABLE 9: Global Fluoropolymers Segment Value (US$ Bn) & Volume (Tones), By Region 2017 to 2021
TABLE 10: Global Fluoropolymers Segment Value (US$ Bn) & Volume (Tones), By Region 2022 to 2032
TABLE 11: Global Fluoropolymers Segment Market Share, By Region 2017 to 2021
TABLE 12: Global Fluoropolymers Segment Market Share, By Region 2022 to 2032
TABLE 13: Global Fluoropolymers Segment Y-o-Y, By Region 2017 to 2032
TABLE 14: Global Urethanes Segment Value (US$ Bn) & Volume (Tones), By Region 2017 to 2021
TABLE 15: Global Urethanes Segment Value (US$ Bn) & Volume (Tones), By Region 2022 to 2032
TABLE 16: Global Urethanes Segment Market Share, By Region 2017 to 2021
TABLE 17: Global Urethanes Segment Market Share, By Region 2022 to 2032
TABLE 18: Global Urethanes Segment Y-o-Y, By Region 2017 to 2032
TABLE 19: Global Metallic Additive Segment Value (US$ Bn) & Volume (Tones), By Region 2017 to 2021
TABLE 20: Global Metallic Additive Segment Value (US$ Bn) & Volume (Tones), By Region 2022 to 2032
TABLE 21: Global Metallic Additive Segment Market Share, By Region 2017 to 2021
TABLE 22: Global Metallic Additive Segment Market Share, By Region 2022 to 2032
TABLE 23: Global Metallic Additive Segment Y-o-Y, By Region 2017 to 2032
TABLE 24: Global Others (epoxy, poly alkyds, and amines) Segment Value (US$ Bn) & Volume (Tones), By Region 2017 to 2021
TABLE 25: Global Others (epoxy, poly alkyds, and amines) Segment Value (US$ Bn) & Volume (Tones), By Region 2022 to 2032
TABLE 26: Global Others (epoxy, poly alkyds, and amines) Segment Market Share, By Region 2017 to 2021
TABLE 27: Global Others (epoxy, poly alkyds, and amines) Segment Market Share, By Region 2022 to 2032
TABLE 28: Global Others (epoxy, poly alkyds, and amines) Segment Y-o-Y, By Region 2017 to 2032
TABLE 29: Global Solvent Bourne Segment Value (US$ Bn) & Volume (Tones), By Region 2017 to 2021
TABLE 30: Global Solvent Bourne Segment Value (US$ Bn) & Volume (Tones), By Region 2022 to 2032
TABLE 31: Global Solvent Bourne Segment Market Share, By Region 2017 to 2021
TABLE 32: Global Solvent Bourne Segment Market Share, By Region 2022 to 2032
TABLE 33: Global Solvent Bourne Segment Y-o-Y, By Region 2017 to 2032
TABLE 34: Global Water Bourne Segment Value (US$ Bn) & Volume (Tones), By Region 2017 to 2021
TABLE 35: Global Water Bourne Segment Value (US$ Bn) & Volume (Tones), By Region 2022 to 2032
TABLE 36: Global Water Bourne Segment Market Share, By Region 2017 to 2021
TABLE 37: Global Water Bourne Segment Market Share, By Region 2022 to 2032
TABLE 38: Global Water Bourne Segment Y-o-Y, By Region 2017 to 2032
TABLE 39: Global Residential Segment Value (US$ Bn) & Volume (Tones), By Region 2017 to 2021
TABLE 40: Global Residential Segment Value (US$ Bn) & Volume (Tones), By Region 2022 to 2032
TABLE 41: Global Residential Segment Market Share, By Region 2017 to 2021
TABLE 42: Global Residential Segment Market Share, By Region 2022 to 2032
TABLE 43: Global Residential Segment Y-o-Y, By Region 2017 to 2032
TABLE 44: Global Non-Residential Segment Value (US$ Bn) & Volume (Tones), By Region 2017 to 2021
TABLE 45: Global Non-Residential Segment Value (US$ Bn) & Volume (Tones), By Region 2022 to 2032
TABLE 46: Global Non-Residential Segment Market Share, By Region 2017 to 2021
TABLE 47: Global Non-Residential Segment Market Share, By Region 2022 to 2032
TABLE 48: Global Non-Residential Segment Y-o-Y, By Region 2017 to 2032
TABLE 49: North America Market Value (US$ Bn) & Volume (Tones), By Country 2017 to 2021
TABLE 50: North America Market Value (US$ Bn) & Volume (Tones), By Country 2022 to 2032
TABLE 51: North America Market Value (US$ Bn) & Volume (Tones), By Resin Type 2017 to 2021
TABLE 52: North America Market Value (US$ Bn) & Volume (Tones), By Resin Type 2022 to 2032
TABLE 53: North America Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2017 to 2021
TABLE 54: North America Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2022 to 2032
TABLE 55: North America Market Value (US$ Bn) & Volume (Tones), By Application 2017 to 2021
TABLE 56: North America Market Value (US$ Bn) & Volume (Tones), By Application 2022 to 2032
TABLE 57: Latin America Market Value (US$ Bn) & Volume (Tones), By Country 2017 to 2021
TABLE 58: Latin America Market Value (US$ Bn) & Volume (Tones), By Country 2022 to 2032
TABLE 59: Latin America Market Value (US$ Bn) & Volume (Tones), By Resin Type 2017 to 2021
TABLE 60: Latin America Market Value (US$ Bn) & Volume (Tones), By Resin Type 2022 to 2032
TABLE 61: Latin America Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2017 to 2021
TABLE 62: Latin America Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2022 to 2032
TABLE 63: Latin America Market Value (US$ Bn) & Volume (Tones), By Application 2017 to 2021
TABLE 64: Latin America Market Value (US$ Bn) & Volume (Tones), By Application 2022 to 2032
TABLE 65: Europe Market Value (US$ Bn) & Volume (Tones), By Country 2017 to 2021
TABLE 66: Europe Market Value (US$ Bn) & Volume (Tones), By Country 2022 to 2032
TABLE 67: Europe Market Value (US$ Bn) & Volume (Tones), By Resin Type 2017 to 2021
TABLE 68: Europe Market Value (US$ Bn) & Volume (Tones), By Resin Type 2022 to 2032
TABLE 69: Europe Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2017 to 2021
TABLE 70: Europe Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2022 to 2032
TABLE 71: Europe Market Value (US$ Bn) & Volume (Tones), By Application 2017 to 2021
TABLE 72: Europe Market Value (US$ Bn) & Volume (Tones), By Application 2022 to 2032
TABLE 73: Japan Market Value (US$ Bn) & Volume (Tones), By Country 2017 to 2021
TABLE 74: Japan Market Value (US$ Bn) & Volume (Tones), By Country 2022 to 2032
TABLE 75: Japan Market Value (US$ Bn) & Volume (Tones), By Resin Type 2017 to 2021
TABLE 76: Japan Market Value (US$ Bn) & Volume (Tones), By Resin Type 2022 to 2032
TABLE 77: Japan Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2017 to 2021
TABLE 78: Japan Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2022 to 2032
TABLE 79: Japan Market Value (US$ Bn) & Volume (Tones), By Application 2017 to 2021
TABLE 80: Japan Market Value (US$ Bn) & Volume (Tones), By Application 2022 to 2032
TABLE 81: APEJ Market Value (US$ Bn) & Volume (Tones), By Country 2017 to 2021
TABLE 82: APEJ Market Value (US$ Bn) & Volume (Tones), By Country 2022 to 2032
TABLE 83: APEJ Market Value (US$ Bn) & Volume (Tones), By Resin Type 2017 to 2021
TABLE 84: APEJ Market Value (US$ Bn) & Volume (Tones), By Resin Type 2022 to 2032
TABLE 85: APEJ Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2017 to 2021
TABLE 86: APEJ Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2022 to 2032
TABLE 87: APEJ Market Value (US$ Bn) & Volume (Tones), By Application 2017 to 2021
TABLE 88: APEJ Market Value (US$ Bn) & Volume (Tones), By Application 2022 to 2032
TABLE 89: MEA Market Value (US$ Bn) & Volume (Tones), By Country 2017 to 2021
TABLE 90: MEA Market Value (US$ Bn) & Volume (Tones), By Country 2022 to 2032
TABLE 91: MEA Market Value (US$ Bn) & Volume (Tones), By Resin Type 2017 to 2021
TABLE 92: MEA Market Value (US$ Bn) & Volume (Tones), By Resin Type 2022 to 2032
TABLE 93: MEA Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2017 to 2021
TABLE 94: MEA Market Value (US$ Bn) & Volume (Tones), By Formulation Type 2022 to 2032
TABLE 95: MEA Market Value (US$ Bn) & Volume (Tones), By Application 2017 to 2021
TABLE 96: MEA Market Value (US$ Bn) & Volume (Tones), By Application 2022 to 2032
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List Of Figures
FIG. 1: Global Market Value (US$ Bn), 2017 to 2021
FIG. 2: Global Market Value (US$ Bn) Forecast, 2022 to 2032
FIG. 3: Global Market Value (US$ Bn) and Y-o-Y, 2017 to 2032
FIG. 4: Global Acrylics Segment Market Value (US$ Bn) By Region, 2017 to 2021
FIG. 5: Global Acrylics Segment Market Value (US$ Bn) By Region, 2022 to 2032
FIG. 6: Global Acrylics Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 7: Global Fluoropolymers Segment Market Value (US$ Bn) By Region, 2017 to 2021
FIG. 8: Global Fluoropolymers Segment Market Value (US$ Bn) By Region, 2022 to 2032
FIG. 9: Global Fluoropolymers Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 10: Global Urethanes Segment Market Value (US$ Bn) By Region, 2017 to 2021
FIG. 11: Global Urethanes Segment Market Value (US$ Bn) By Region, 2022 to 2032
FIG. 12: Global Urethanes Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 13: Global Metallic Additive Segment Market Value (US$ Bn) By Region, 2017 to 2021
FIG. 14: Global Metallic Additive Segment Market Value (US$ Bn) By Region, 2022 to 2032
FIG. 15: Global Metallic Additive Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 16: Global Others (epoxy, poly alkyds, and amines) Segment Market Value (US$ Bn) By Region, 2017 to 2021
FIG. 17: Global Others (epoxy, poly alkyds, and amines) Segment Market Value (US$ Bn) By Region, 2022 to 2032
FIG. 18: Global Others (epoxy, poly alkyds, and amines) Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 19: Global Solvent Bourne Segment Market Value (US$ Bn) By Region, 2017 to 2021
FIG. 20: Global Solvent Bourne Segment Market Value (US$ Bn) By Region, 2022 to 2032
FIG. 21: Global Solvent Bourne Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 22: Global Water Bourne Segment Market Value (US$ Bn) By Region, 2017 to 2021
FIG. 23: Global Water Bourne Segment Market Value (US$ Bn) By Region, 2022 to 2032
FIG. 24: Global Water Bourne Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 25: Global Residential Segment Market Value (US$ Bn) By Region, 2017 to 2021
FIG. 26: Global Residential Segment Market Value (US$ Bn) By Region, 2022 to 2032
FIG. 27: Global Residential Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 28: Global Non-Residential Segment Market Value (US$ Bn) By Region, 2017 to 2021
FIG. 29: Global Non-Residential Segment Market Value (US$ Bn) By Region, 2022 to 2032
FIG. 30: Global Non-Residential Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 31: North America Market Value (US$ Bn), By Country 2017 to 2021
FIG. 32: North America Market Value (US$ Bn), By Country 2022 to 2032
FIG. 33: North America Market Value (US$ Bn), By Resin Type 2017 to 2021
FIG. 34: North America Market Value (US$ Bn), By Resin Type 2022 to 2032
FIG. 35: North America Market Value (US$ Bn), By Formulation Type 2017 to 2021
FIG. 36: North America Market Value (US$ Bn), By Formulation Type 2022 to 2032
FIG. 37: North America Market Value (US$ Bn), By Application 2017 to 2021
FIG. 38: North America Market Value (US$ Bn), By Application 2022 to 2032
FIG. 39: Latin America Market Value (US$ Bn), By Country 2017 to 2021
FIG. 40: Latin America Market Value (US$ Bn), By Country 2022 to 2032
FIG. 41: Latin America Market Value (US$ Bn), By Resin Type 2017 to 2021
FIG. 42: Latin America Market Value (US$ Bn), By Resin Type 2022 to 2032
FIG. 43: Latin America Market Value (US$ Bn), By Formulation Type 2017 to 2021
FIG. 44: Latin America Market Value (US$ Bn), By Formulation Type 2022 to 2032
FIG. 45: Latin America Market Value (US$ Bn), By Application 2017 to 2021
FIG. 46: Latin America Market Value (US$ Bn), By Application 2022 to 2032
FIG. 47: Europe Market Value (US$ Bn), By Country 2017 to 2021
FIG. 48: Europe Market Value (US$ Bn), By Country 2022 to 2032
FIG. 49: Europe Market Value (US$ Bn), By Resin Type 2017 to 2021
FIG. 50: Europe Market Value (US$ Bn), By Resin Type 2022 to 2032
FIG. 51: Europe Market Value (US$ Bn), By Formulation Type 2017 to 2021
FIG. 52: Europe Market Value (US$ Bn), By Formulation Type 2022 to 2032
FIG. 53: Europe Market Value (US$ Bn), By Application 2017 to 2021
FIG. 54: Europe Market Value (US$ Bn), By Application 2022 to 2032
FIG. 55: Japan Market Value (US$ Bn), By Country 2017 to 2021
FIG. 56: Japan Market Value (US$ Bn), By Country 2022 to 2032
FIG. 57: Japan Market Value (US$ Bn), By Resin Type 2017 to 2021
FIG. 58: Japan Market Value (US$ Bn), By Resin Type 2022 to 2032
FIG. 59: Japan Market Value (US$ Bn), By Application 2017 to 2021
FIG. 60: Japan Market Value (US$ Bn), By Formulation Type 2022 to 2032
FIG. 61: Japan Market Value (US$ Bn), By Application 2017 to 2021
FIG. 62: Japan Market Value (US$ Bn), By Application 2022 to 2032
FIG. 63: APEJ Market Value (US$ Bn), By Country 2017 to 2021
FIG. 64: APEJ Market Value (US$ Bn), By Country 2022 to 2032
FIG. 65: APEJ Market Value (US$ Bn), By Resin Type 2017 to 2021
FIG. 66: APEJ Market Value (US$ Bn), By Resin Type 2022 to 2032
FIG. 67: APEJ Market Value (US$ Bn), By Formulation Type 2017 to 2021
FIG. 68: APEJ Market Value (US$ Bn), By Formulation Type 2022 to 2032
FIG. 69: APEJ Market Value (US$ Bn), By Application 2017 to 2021
FIG. 70: APEJ Market Value (US$ Bn), By Application 2022 to 2032
FIG. 71: MEA Market Value (US$ Bn), By Country 2017 to 2021
FIG. 72: MEA Market Value (US$ Bn), By Country 2022 to 2032
FIG. 73: MEA Market Value (US$ Bn), By Resin Type 2017 to 2021
FIG. 74: MEA Market Value (US$ Bn), By Resin Type 2022 to 2032
FIG. 75: MEA Market Value (US$ Bn), By Formulation Type 2017 to 2021
FIG. 76: MEA Market Value (US$ Bn), By Formulation Type 2022 to 2032
FIG. 77: MEA Market Value (US$ Bn), By Application 2017 to 2021
FIG. 78: MEA Market Value (US$ Bn), By Application 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the architectural coatings industry worth?
As of 2021, the market for architectural coatings reached nearly US$ 77,888 Mn
At what rate will the architectural coatings industry grow from 2022-2032?
The architectural coatings industry is expected to surpass a CAGR of 4.5% from 2022-2032.
How much is the architectural coatings market like to be valued by 2032?
The architectural coatings market is expected to reach nearly US$ 121,000 Mn by 2032
What are the key trends driving architectural coatings sales?
Increasing inclination towards renovation and environmentally friendly coatings are the key trends driving architectural coatings sales.
What is the market share of the top 6 architectural coatings manufacturers?
The top 6 architectural manufacturers account for around 33% of global market revenue
Which countries are driving demand for architectural coatings?
China, India, Turkey, Germany and Spain are the top five countries driving demand for architectural coatings.
Which type of resin is expected to hold the highest share for sales?
UV curable resins are expected to hold 40% market share for architectural coatings.
Which type of application is expected to hold the highest share for sales?
Residential sector is expected to account for more than 50% market share for architectural coatings.
How much is the North America architectural coatings industry worth?
The architectural coatings industry is expected to possess nearly 35% market share throughout North America.
How much is the Asia Pacific architectural coatings industry worth?
The architectural coatings industry is expected to possess nearly 45% market share throughout Asia Pacific.