APAC Decorative Paints & Coatings Market - Forecast (2021 - 2026) - PowerPoint PPT Presentation

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APAC Decorative Paints & Coatings Market - Forecast (2021 - 2026)

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APAC decorative paints & coatings market is forecast to reach $36,513.5 million by 2025, after growing at a CAGR of 6.4% during 2020-2025. The APAC decorative coatings market is shifting towards water-borne coatings, which has proven to be a successful approach aimed at reduction of Volatile Organic Compound (VOC) emissions. Stringent environmental regulations regarding the use of toxic chemicals in coating formulations in Asia Pacific is boosting the market growth. In addition, the governments initiatives such as “Housing for All” and “One Belt, One Road” is flourishing the residential and commercial building sector in Asia Pacific, which is anticipated to play a key role in driving the APAC decorative paints & coatings market during the forecast period. – PowerPoint PPT presentation

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Title: APAC Decorative Paints & Coatings Market - Forecast (2021 - 2026)


1
APAC Decorative Paints Coatings
Market  Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • APAC decorative paints coatings market is
    forecast to reach 36,513.5 million by 2025,
    after growing at a CAGR of 6.4 during
    (2020-2025).
  • The APAC decorative coatings market is shifting
    towards water-borne coatings, which has proven to
    be a successful approach aimed at reduction of
    Volatile Organic Compound (VOC) emissions.
  • Stringent environmental regulations regarding the
    use of toxic chemicals in coating formulations in
    Asia Pacific is boosting the market growth.

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3
There has been an increase in Global warming and
CO2 emissions post lockdowns. 
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  • Key Takeaways
  • Huge investments are being made in the
    infrastructure sector to stimulate the Asia
    Pacific economy, owing to which the demand for
    paints coatings are projected to increase. This
    will boost the use of decorative paints
    coatings for residential as well as
    non-residential buildings.
  • Environmental considerations are leading to
    increased utilization of water-based systems for
    the production of heat-resistant coatings.
    Water-based silicone resins significantly reduce
    VOC emissions in coating formulations as compared
    to traditional solvent-based resins, which is
    boosting the market growth.

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4
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  • By Distribution Channel- Segment Analysis
  • The water-based coatings segment held the largest
    share in the APAC decorative paints coatings
    market in 2019.  Water-based coatings use water
    as a solvent to disperse a resin, thus making
    these coatings eco-friendly and easy to apply. 
  • The key advantages to using water-based
    industrial coatings are that they are ideal
    primers as they possess good resistance to heat
    and abrasion. In addition, they provide excellent
    adhesion, low toxicity and flammability due to
    low VOC levels and HAP emissions, and thus allow
    coating manufacturers to meet clean air
    regulations. 

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5
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  • APAC Decorative Paints Coatings
    Market  Industry Outlook 
  • Nippon Paint Holdings Co. Ltd.
  • Asian Paints
  • AkzoNobel N.V.
  • PPG Industries
  • Inc., Kansai Paint Co Ltd.
  • Jotun A/S
  • BASF SE
  • The Sherwin-Williams Company

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6
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APAC Decorative Paints Coatings Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/194
76/apac-decorative-paints-and-coatings-market.html
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Email sales_at_industryarc.com
7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id19476

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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