Architectural Coatings Market worth $82.4 billion by 2023

1. MarketsandMarkets Presents Architectural Coatings Market worth $82.4 billion by 2023 https://www.marketsandmarkets.com/Market-Reports/architectural-coatings-market-186634159.html

2. The report "Architectural Coatings Market by Resin Type (Acrylic, Alkyd), Technology (Waterborne, Solventborne, Powder), User Type (DIY, Professional), Coating Type (Interior, Exterior), Application (Residential, Non-Residential) and Region - Global Forecast to 2023" ,The market size of architectural coatings is projected to grow from USD 65.0 billion in 2018 to USD 82.4 billion by 2023, at a CAGR of 4.9% during the forecast period. The increasing demand from the construction industry, the rising per capita consumption in APAC, and environmentally friendly characteristic act as major drivers of the market. Growing investment in the emerging regions is a key factor providing growth opportunities to the market. However, stringent and time-consuming regulatory policies are restraining market growth Browse 106 market data Tables and 50 Figures spread through 170 Pages and in-depth TOC on "Architectural Coatings Market - Global Forecast to 2023“ Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=186634159 Key Market Players: The key players operating in the market are PPG Industries, Inc. (US), Akzo Nobel N.V. (The Netherlands), The Sherwin-Williams Company (US), Kansai Paints Co., Ltd. (Japan), Asian Paints Limited (India), and Nippon Paint Holdings Co., Ltd. (Japan). These players have adopted various strategies, such as merger & acquisition, expansion, and new product launch to grow in the market. New product launch was the key strategy adopted by the major players between 2015 and 2018. This strategy accounted for a share of 38% of all growth strategies adopted by key market players and helped companies enhance their market and expand global presence. https://www.marketsandmarkets.com/Market-Reports/architectural-coatings-market-186634159.html

3. [170 Pages Report] The market of Architectural coatings is projected to grow from USD 65.0 billion in 2018 to USD 82.4 billion by 2023, at a CAGR of 4.9%, during the forecast period. The global architectural coatings market is witnessing high growth on account of increasing applications, technological advancements, and the growing demand in APAC. The economic growth in developing countries, increasing investment in infrastructure, stringent environmental regulations, growing purchasing power, and the rising demand for green and environmentally friendly coatings are also leading to the growth of the market. Powder coating is the fastest-growing type segment of the architectural coatings market. There is a growing requirement for durable, better weathering performance with robust mechanical properties, such as improved flexibility. From the architectural perspective, there is a growing interest in wood effects, which are achieved through sublimation print transfer. Moreover, there is a high demand for specialty finishes such as anodic imitation special effects, metallic effects, and smooth low glow gloss finishes. Hence, the demand for powder coating is high in the architecture industry. Rising demand from emerging economies is expected to drive the architectural coatings market during the forecast period APAC is expected to be the largest and fastest-growing architectural coatings market. The demand for architectural coatings has increased in other APAC countries, such as South Korea, Singapore, India, and Indonesia, as the residential construction activities in these countries have risen. China has been the driving force for the rapid expansion of the paints & coatings market, not only in APAC but also worldwide. Rising income levels, shift toward nuclear families, affordable interest rates, and modern attitudes toward home ownership in several countries are responsible for a rapid increase in residential construction activities. These factors are positively influencing the architectural coatings market growth. https://www.marketsandmarkets.com/Market-Reports/architectural-coatings-market-186634159.html

4. APAC is the largest Architectural coatings market • APAC is projected to be the fastest-growing market, in terms of both volume and value, during the forecast period. The Architectural coatings market in APAC is estimated to account for the largest share, in terms of both volume and value, in 2018. The APAC Architectural coatings market is driven by the growing population and economic growth. Both the residential and non-residential sectors in China and India are expected to develop during the forecast period, which, in turn, will drive the the demand for Architectural coatings from this region. • Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=186634159 • Recent Developments: • In June 2017, Sherwin-Williams Co. completed the acquisition of the Valspar Corp., a Minneapolis-based global paints & coatings company, for about USD 11.3 billion. • In May 2014, Sherwin-Williams Co. entered into a joint venture with Red Sea Housing Services Company to launch its premium paints company in Saudi Arabia, which helped the company to grow faster and cater to the demand from the Middle East. • Premium Insights (Page No. - 31)    4.1 Attractive Opportunities in the Architectural Coatings Market     4.2 Architectural Coatings Market Growth, By Resin Type     4.3 APAC Architectural Coatings Market, By Technology and Country     4.4 Overview of Architectural Coatings Market     4.5 Architectural Coatings Market: Developed vs. Developing Countries     4.6 Architectural Coatings Market: Growing Demand From APAC https://www.marketsandmarkets.com/Market-Reports/architectural-coatings-market-186634159.html

5. PPG Industries, Inc. (US) and Akzo Nobel N.V. (The Netherlands) are the Major Players in the Architectural coatings Market PPG is dominating the global architectural coatings market. This position is achieved by the company after many successful small and big acquisitions and expansion activities. The major acquisition done by the company was DEUTEK S.A. a leading Romanian Paint and architectural coating manufacturer from Emerging European Accession Fund (EEAF) in 2017. This has led to an expansion in Europe and is expected to boost the growth in the emerging region of Eastern Europe in the near future. The company should now focus more on product innovation, differentiation, and brand awareness activities to compete and maintain its dominating position in the architectural coatings market. For more Info Visit Our Blog @ https://chemicalsresearchmarket.wordpress.com/Blog Akzo Nobel N.V. is a diversified chemical company founded in 1994 and headquartered in Amsterdam, Netherlands. The company is active in the fields of decorative paints and performance coatings. All the architectural coatings products are produced under the decorative paints segment. Akzo Nobel N.V. has a strong customer base and operates in more than 80 countries of Europe, Asia-Pacific, South America, and the Middle East. After the acquisition of the specialty chemical business by The Carlyle Group and GIC, the revenue for FY 2017 has been reported under discontinued operations. Related Reports: Architectural coatings Market by Resin Type (Acrylic, Alkyd), Technology (Waterborne, Solventborne, Powder), User Type (DIY, Professional), Coating Type (Interior, Exterior), Application (Residential, Non-Residential) and Region - Global Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/architectural-coatings-market-186634159.html

6. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. https://www.marketsandmarkets.com/Market-Reports/architectural-coatings-market-186634159.html

7. Contact Us Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.comMarketsandMarkets Bloghttp://www.marketsandmarkets.comhttp://twitter.com/marketsmarkets http://www.linkedin.com/company/marketsandmarkets https://chemicalsresearchmarket.wordpress.com/Blog