Global Architectural Coatings Market was valued at USD 65.51 billion in 2019 and is likely to reach USD 80.54 billion by 2026 with a CAGR of 5.9%.
Global Architectural Coatings Market: Overview
Architectural coatings find a slew of applications across the building & construction activities. The product is extensively used in roof coatings, deck finishes, and wall paints. It is majorly applied for executing protective, decorative, and durable functionalities.
Global Architectural Coatings Market was valued at USD 65.51 billion in 2019 and is likely to reach USD 80.54 billion by 2026 with a CAGR of 5.9%.
Global Architectural Coatings Market: Growth Factors
Increase in the residential building constructions has helped in promoting architectural coatings market trends. Growing consciousness about maintaining a green environment has culminated in massive demand for quality products leading to product innovation, thereby further enlarging the architectural coatings business scope. Experts are of the view that the market has bright growth prospects due to stability witnessed in the economic & social status of the population in the developing countries as well as third world economies.
Apparently, the product is used for preventing rusting of metallic components of metal furniture, tanks, fences, and radiators. It has also widely utilized in wall paintings, sculpture, and wooden flooring. Moreover, features such as high durability and eco-friendliness will have a favorable effect on the architectural coatings market. Additionally, repair of sculptures and artifacts work at heritage locations will amplify the growth curve of the architectural coatings market over the forthcoming timespan.
Global Architectural Coatings Market: Segmentation
The architectural coatings market can be segmented into resin type, coating type, technology, application, and user type. Resin type wise, the architectural coatings market can be sectored into alkyd and acrylic. Based on the coating type, the industry is sectored into exterior and interior coating types. Technology wise, the architectural coatings market is classified into waterborne, powder, and solvent-borne technologies. Application wise, the architectural coatings market is divided into residential and non-residential applications. On the basis of user type, the architectural coatings sector is segregated into professional and DIY users.
Global Architectural Coatings Market: Regional Analysis
Based on the region, the overall architectural coatings market can be divided into five main regions: Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa. The Prominent rise in the number of construction and refurbishment activities in countries such as Japan, India, Thailand, Taiwan, and China will amplify the market growth rate in the Asia Pacific zone. Additionally, growing aesthetic sense among the people of the region has resulted in escalating demand for interior designing & beautification in residential and commercial sectors, thereby augmenting the regional growth. Massive green construction trends and large-scale infrastructural spending observed in the Asia Pacific countries like Australia will expand the industry size.
Increase in the popularity of specialized coatings along with a growing trend of using bio-based coatings will exponentiation the market size in Europe. UK, France, Spain, and Italy are expected to be the regional growth drivers of the European market.
North America being a matured market will witness moderate growth over the estimated timeline.
Global Architectural Coatings Market: Competitive Players
Few of the main participants in architectural coatings market are PPG Industries, Jotun Group, Kansai Paints Co., Ltd., RPM International Inc., AzkoNobel N.V., Asian Paints Limited, Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., ACI Inc., Masco Corporation, BASF SE, and Valspar.
Global Architectural Coatings Market: Regional Segment Analysis
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Architectural Coatings Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Architectural Coatings Market
FIG. 6 Global Architectural Coatings Market Attractiveness, By Resin Type
FIG. 7 Global Architectural Coatings Market Attractiveness, By Coating Type
FIG. 8 Global Architectural Coatings Market Attractiveness, By Technology
FIG. 9 Global Architectural Coatings Market Attractiveness, By Application
FIG. 10 Global Architectural Coatings Market Attractiveness, By User Type
FIG. 11 Global Architectural Coatings Market Attractiveness, By End-User
FIG. 12 Company Share Analysis, 2019
FIG. 13 Global Architectural Coatings Market Revenue Share, by Resin Type, 2019 & 2026
FIG. 14 Global Architectural Coatings Market for Alkyd, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Architectural Coatings Market for Acrylic, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Architectural Coatings Market Revenue Share, by Coating Type , 2019 & 2026
FIG. 17 Global Architectural Coatings Market for Exterior , Revenue (USD Million) 2016 - 2026
FIG. 18 Global Architectural Coatings Market for Interior, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Architectural Coatings Market Revenue Share, by Technology , 2019 & 2026
FIG. 20 Global Architectural Coatings Market for Waterborne , Revenue (USD Million) 2016 - 2026
FIG. 21 Global Architectural Coatings Market for Powder, Revenue (USD Million) 2016 - 2026
FIG. 22 Global Architectural Coatings Market for Solvent-borne, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Architectural Coatings Market Revenue Share, by Application , 2019 & 2026
FIG. 24 Global Architectural Coatings Market for Residential , Revenue (USD Million) 2016 - 2026
FIG. 25 Global Architectural Coatings Market for Non-residential, Revenue (USD Million) 2016 - 2026
FIG. 26 Global Architectural Coatings Market Revenue Share, by User Type , 2019 & 2026
FIG. 27 Global Architectural Coatings Market for Professional , Revenue (USD Million) 2016 - 2026
FIG. 28 Global Architectural Coatings Market for DIY Users, Revenue (USD Million) 2016 - 2026
FIG. 29 Global Architectural Coatings Market Revenue Share, by Region, 2019 & 2026
FIG. 30 North America Architectural Coatings Market Revenue, 2016 - 2026 (USD Million)
FIG. 31 Europe Architectural Coatings Market Revenue, 2016 - 2026 (USD Million)
FIG. 32 Asia Pacific Architectural Coatings Market Revenue, 2016 - 2026 (USD Million)
FIG. 33 Latin America Architectural Coatings Market Revenue, 2016 - 2026 (USD Million)
FIG. 34 The Middle-East and Africa Architectural Coatings Market Revenue, 2016 - 2026 (USD Million)
FIG. 35 PPG Industries Business Segment Revenue Share, 2018 (%)
FIG. 36 PPG Industries Geographical Segment Revenue Share, 2018 (%)
List of Tables
TABLE 1 Global Architectural Coatings Market: Snapshot
TABLE 2 Drivers of the Architectural Coatings Market: Impact Analysis
TABLE 3 Restraints for the Architectural Coatings Market: Impact Analysis
TABLE 4 Global Architectural Coatings Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Architectural Coatings Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Architectural Coatings Market Revenue, by Resin Type, 2016 – 2026 (USD Million)
TABLE 7 North America Architectural Coatings Market Revenue, by Coating Type , 2016 – 2026 (USD Million)
TABLE 8 North America Architectural Coatings Market Revenue, by Technology , 2016 – 2026 (USD Million)
TABLE 9 North America Architectural Coatings Market Revenue, by Application , 2016 – 2026 (USD Million)
TABLE 10 North America Architectural Coatings Market Revenue, by User Type , 2016 – 2026 (USD Million)
TABLE 11 Europe Architectural Coatings Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 12 Europe Architectural Coatings Market Revenue, by Resin Type, 2016 – 2026 (USD Million)
TABLE 13 Europe Architectural Coatings Market Revenue, by Coating Type , 2016 – 2026 (USD Million)
TABLE 14 Europe Architectural Coatings Market Revenue, by Technology , 2016 – 2026 (USD Million)
TABLE 15 Europe Architectural Coatings Market Revenue, by Application , 2016 – 2026 (USD Million)
TABLE 16 Europe Architectural Coatings Market Revenue, by User Type , 2016 – 2026 (USD Million)
TABLE 17 Asia Pacific Architectural Coatings Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 Asia Pacific Architectural Coatings Market Revenue, by Resin Type, 2016 – 2026 (USD Million)
TABLE 19 Asia Pacific Architectural Coatings Market Revenue, by Coating Type , 2016 – 2026 (USD Million)
TABLE 20 Asia Pacific Architectural Coatings Market Revenue, by Technology , 2016 – 2026 (USD Million)
TABLE 21 Asia Pacific Architectural Coatings Market Revenue, by Application , 2016 – 2026 (USD Million)
TABLE 22 Asia Pacific Architectural Coatings Market Revenue, by User Type , 2016 – 2026 (USD Million)
TABLE 23 Latin America Architectural Coatings Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 24 Latin America Architectural Coatings Market Revenue, by Resin Type, 2016 – 2026 (USD Million)
TABLE 25 Latin America Architectural Coatings Market Revenue, by Coating Type , 2016 – 2026 (USD Million)
TABLE 26 Latin America Architectural Coatings Market Revenue, by Technology , 2016 – 2026 (USD Million)
TABLE 27 Latin America Architectural Coatings Market Revenue, by Application , 2016 – 2026 (USD Million)
TABLE 28 Latin America Architectural Coatings Market Revenue, by User Type , 2016 – 2026 (USD Million)
TABLE 29 The Middle-East and Africa Architectural Coatings Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 30 The Middle-East and Africa Architectural Coatings Market Revenue, by Resin Type, 2016 – 2026 (USD Million)
TABLE 31 The Middle-East and Africa Architectural Coatings Market Revenue, by Coating Type , 2016 – 2026 (USD Million)
TABLE 32 The Middle-East and Africa Architectural Coatings Market Revenue, by Technology , 2016 – 2026 (USD Million)
TABLE 33 The Middle-East and Africa Architectural Coatings Market Revenue, by Application , 2016 – 2026 (USD Million)
TABLE 34 The Middle-East and Africa Architectural Coatings Market Revenue, by User Type , 2016 – 2026 (USD Million)
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