U.S. Non-Commercial Acrylic Paints Market  to increase at a CAGR of 4.8% through 2018 - 2028 - PowerPoint PPT Presentation

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U.S. Non-Commercial Acrylic Paints Market  to increase at a CAGR of 4.8% through 2018 - 2028

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Non-Commercial Acrylic Paints Market: Varied Finishing Properties Witnessing High Preference for Artefacts & Decoratives: US Industry Analysis, 2013 - 2017 and Opportunity Assessment, 2018 - 2028 – PowerPoint PPT presentation

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Title: U.S. Non-Commercial Acrylic Paints Market  to increase at a CAGR of 4.8% through 2018 - 2028


1
US Non Commercial Acrylic Paints Market
  • April 2019

Report Id REP-GB--9435 Published On
April-2019 Category Chemicals and Materials
2
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Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
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SOLUTION
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Primary Research
Secondary Research
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includes sources of databases
4
US Non Commercial Acrylic Paints Market Analysis
  • Recent research U.S. Non-Commercial Acrylic
    Paints Market  is expected to grow at a CAGR of
    4.8 by 2018 - 2028
  • VALLEY COTTAGE - The US has been North Americas
    prime investment pocket over the years, where the
    demand for non-commercial acrylic paint is
    expected to remain sound over the course of
    coming years. The approximately US 230 million
    market for non-commercial acrylic paint is
    foreseen to grow by 4.3 Y-o-Y, in 2019. Future
    Market Insights (FMI) delivers key insights on
    the US non-commercial acrylic paints market, in
    its latest report.
  • The South US is cited as a prominent consumer
    market in the US landscape of non-commercial
    acrylic paint owing to a rich end-user base, with
    an above-average growth rate projected for the
    near future.
  • While heavy-body acrylics continue to gain
    strongest traction that has been attributed to
    their strong colors, better coverage, and
    fast-drying times, the report indicates that
    their adoption will be more prominent in canvas-
    and paper-based applications. Non-commercial
    acrylic paint application on canvas accounts for
    over 1/3rd of the total paint consumption,
    whereas that on paper and wood accounts for a
    combined share of more than 40..

5
US Non Commercial Acrylic Paints Market Analysis
  • DIY Activities Are Providing a Significant Push
    to Market Growth
  • The report opines that the key applications of
    non-commercial acrylic paint across the US
    include canvas, paper, and wood, with artefacts
    designed by professional artists and students.
    With the advent of DIY crafts and hobby
    activities, other substrates such as metal and
    ceramics are also likely to present a range of
    lucrative opportunities for the usage of
    non-commercial acrylic paints. The growth and
    emergency of non-commercial acrylic paints in the
    US is prominently attributed to the growth of
    DIY-based artefacts and finished products, and
    considerable investments by academic institutions
    in skill development programmes, imbibing
    non-commercial acrylic paints to a significant
    degree.
  • Apart from academic and commercial artefacts,
    non-commercial acrylic paints are particularly
    gaining popularity in home interior design, and
    additional design in terracotta and pottery
    items, thus creating additional scope of value
    addition for designers.
  • Over 60 Non-commercial Acrylic Paint Consumed in
    the US is Artist-grade
  • FMI has bifurcated the US market for
    non-commercial acrylic paint into two commonly
    available grades viz. artist grade (high
    concentration of acrylic resin for slow drying
    sales channels) and student grade (low
    concentration of acrylic resin for fast drying
    sales channels). The varied degree of fast or
    slow drying rate immensely helps professional
    artists when designing a paint for a
    long-duration process or relatively short
    duration of finishing the paintwork applied.

6
US Non Commercial Acrylic Paints Market Analysis
  • Currently, more than 3/5th of the total
    consumption of non-commercial acrylic paint in
    the US is accounted by artist-grade paint.
    However, the dramatically increasing number of
    students developing interest in painting and
    related career options will translate into
    relatively higher opportunities for student-grade
    non-commercial acrylic paint in the US, as
    suggested by FMIs analysis.
  • The market share of offline sales channels in the
    US non-commercial acrylic paint market is likely
    to remain clearly dominant over that of online
    sales channels. However, the report also points
    to a growing revenue share of online stores,
    which is expected to outpace in terms of rate of
    growth, over the coming years.
  • US Non-Commercial Acrylic Paints Market Vendor
    Insights
  • The non-commercial acrylic paints market in the
    US is observed to be a fairly consolidated
    market, with the aggregate market share of tier-1
    level established players more than half of the
    overall market value.
  • Aggressive marketing, product development, and
    consolidation of sales and service footprint will
    reportedly be the key developmental strategies of
    leading players in the US non-commercial acrylic
    paints market.

7
US Non Commercial Acrylic Paints Market Analysis
  • The report highlights some of the prominent
    companies that are operating in the US
    non-commercial acrylic paints market, such as
    Liquitex Artist Materials, Decoart Inc., Winsor
    Newton, Reeves, Faber-Castell, Plaid, Crafts 4
    All, Koninklijke Royal Talens B.V., Golden Artist
    Colors, Inc., Croma Atlier, M. Graham Co., and
    PEBEO SAS.
  • Press-release Source - https//www.globenewswire.c
    om/news-release/2019/04/12/1803206/0/en/U-S-Non-Co
    mmercial-Acrylic-Paints-Market-to-Register-at-4-8-
    CAGR-by-2028-Future-Market-Insights.html
  • More Related Reports - 
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8
US Non Commercial Acrylic Paints Market Analysis
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9
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