Architectural Coatings Market 2019 | Precise Study on Factors, Drivers and Key Players Strategies Analyzed Till 2023

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Architectural Coatings Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Architectural Coatings Market Research Report-
Forecast to 2023
Architectural Coatings Market - Overview
Architectural Coatings are used to coat and
paint the houses and buildings. The main
functions of these coatings are adhesion,
wettability, corrosion resistance and weather
shield. The architectural and construction
industry have been specifying and utilizing
protective coatings for decades. These coatings
work to prevent deterioration caused by impact
and environmental factors to maintain durability
and aesthetics while greatly reducing maintenance
costs and increasing the life of the finish. A
portion of the noticeable elements that
emphatically impact the development of
Architectural Coatings Market are quick
industrialization, expanding lodging for the
extending masses, and consistent development of
construction industry. Fast urbanization combined
with expanding per capita discretionary cash flow
in rising economies are anticipated to drive the
development of the market amid the evaluation
forecast period. Additionally, rising interest
for inside decorative coatings and expanding
interest in construction activities is further
estimated to fuel the market development over the
figure time frame.
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Architectural Coatings Market Research Report-
Forecast to 2023
Segmental Analysis
On the basis of Type, the market is segmented
into acrylic, epoxy, polyurethane, polyester and
others. Acrylic coating has major end uses in the
building and construction, aerospace, industrial,
automotive, marine and others. The properties
such as adhesion to non-porous surfaces, good
storage and durability, and improved solubility
which ensures ease in application. It is
anticipated that there will be a significant
increase in the growth of Acrylic Market ever
since the industrial sector is burgeoning and
there is a need to safeguard industrial machinery
and equipment. Epoxy Coating generally consists
of two parts which are mixed with epoxy resin and
it cross linked with coreactant or hardener. This
process is called as curing in which the liquid
epoxy coating is converted into hard and durable
epoxy coating after application to a substrate.
These coatings are famous for quick drying, tough
and protective coating. Their low volatility is
an advantage for using them in industrial
applications and also reduces the flammability
issues with solvent borne coatings. Epoxy
coatings are resistant to UV, heat and
temperature changes and it can be anticipated
that as the U.S. E.P.A laid regulations on
manufacturing coatings in order to control the
air pollution, there will be a significant growth
in the usage of epoxy based coatings to reduce
air pollution causing agents as they possess low
VOCs and low volatility. As the world is
shifting towards environmental friendly compounds
due to the pressure by global warming and
regulations laid by the government agencies it
can be anticipated that there will be as
significant increase in the usage of epoxy resin
coating in this forecast. Polyurethane is a
polymer which is joined by urethane units. It is
a thermal setting polymer and it is not impulsive
in nature on application of heat or any other
temperature changes. Polyurethane foam obtained
as spray which has outstanding insulating
qualities. From maintaining optimum temperature,
to lowering noise levels. Rigid polyurethane is
commonly used in the roof and wall insulation.
This advantage has specific use in the developed
countries and it can be anticipated to see a
growth in the usage of polyurethane as insulating
coating in the developed countries. Polyester
coating market is anticipated to increase
dramatically in the forecast period. Global
Architectural Coatings Market is segmented based
on technology as water borne and solvent borne
technology. Solvent borne coatings are made up of
liquefying agents and these agents can be
evaporated upon exposure to atmospheric oxygen
via chemical reaction. Although, they are less
vulnerable to humidity temperature changes.
Moreover this technology is getting replaced by
water-borne technology due to the emission of
VOCs into the air causing air pollution by means
of evaporation. Solvent based coatings has no
resistance for the oxidation by atmospheric
oxygen and solar radiation.
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Architectural Coatings Market Research Report-
Forecast to 2023
Regional Outlook
In Asia Pacific, nations are encountering rising
wages, enhancing ways of life and expanding
residential establishment, while work and
creation costs remain moderately low. North
America is relied upon to enroll a better than
expected development in the Architectural Coating
Market because of the developing ecological
concerns and mindfulness with respect to the
unsafe parts of solvent based coatings. A
combination of higher pricing of raw materials
and competitive coatings market outside EU has a
huge impact on Europe coatings market. It is
anticipated that there will be a decline in the
growth of Architectural Coatings Market in EU.
Paints and Coatings Industry in Latin America is
experiencing a decline in the demand due to the
instability in the regional economy. View Full
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om/reports/architectural-coatings-market-4753
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Architectural Coatings Market Research Report-
Forecast to 2023
Major Players in this Research

• Architectural Coatings Market Prominent Players
• BASF Coatings GmbH (Germany)
• PPG Industries Inc. (the U.S.)
• AkzoNobel N.V. (the Netherlands)
• Kelly-Moore Paint Company, Inc. (the U.S.)
• The Sherwin-William Company (the U.S.)
• The Valspar Corporation (the U.S.)
• Nippon Paint Co Ltd (Japan)
• RPM International Inc. (the U.S.)
• Kansai Paint Co., Ltd (Japan)
• Asian Paints Ltd (India)

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