Latest Advances in Architectural Coatings

Last update on Oct 30, 2017

Demand in the architectural coatings market is increasing rapidly, with the market generating revenues to the tune of USD 52.57 billion in 2014 and is expected to be USD 69.56 billion by 2019.

Expected CAGR in terms of revenue is around 5.76% in the middle of 2014-2019, and the expected CAGR in terms of market volume is 5.45% in the middle of 2014-2019.The APAC region had a huge share in the architectural coatings market (38%) in 2014, followed by the EMEA (32%), and America (30%).

The APAC's is expected to experience high growth due to:

Growing housing market
Increase in consumer demand for home appearance improvement
Lack of well-defined regulations leading to sustained demand for solvent-borne coatings, as well as
Rising production and export of architectural coatings from countries in APAC

It is expected that the APAC's the architectural coatings market CAGR will increase by 6.15% in the middle of 2014-2019, whereas the EMEA and America will grow by 5.05% and 4.96% respectively.

Let's explore some of the recent trends that are driving the growth in architectural coatings:

Recent Trends in Architectural Coatings - Top 3!

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Architectural Coatings Market Players Snapshot

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References

http://www.substech.com/dokuwiki/doku.php?id=solvent-borne_paints
http://www.paintquality.com/en/understanding-paint/water-based-vs-solvent-based
http://www.castagra.com/2015/05/rise-green-coatings-coatings-industry/
https://knowledge.ulprospector.com/7000/pc-understanding-multifunctional-coatings/
http://www.businesswire.com/news/home/20170116005726/en/Axalta-Promote-Exciting-Architectural-Coating-Advancements-Facades
http://www.businesswire.com/news/home/20170525005666/en/Axalta-Coating-Systems-Exhibits-ICONICA-Powder-Coatings
https://www.bdcnetwork.com/blog/fluropon-dimensional-colors-architectural-coatings-sparkle-shift-and-radiate
Global Architectural Coatings Market 2015-2019
https://www.coatingsworld.com/issues/2016-09-01/view_features/recent-trends-in-architectural-coatings/