Construction Repaint Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022 - 2027

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Construction Repaint Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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• Construction repaint market size is forecast to
  reach US81.2 billion by 2027 after growing at a
  CAGR of 5.7 during 2022-2027. Rising
  urbanization, infrastructural development, and
  growth in construction activities are driving the
  market for construction repaint. Construction
  repaints such as acrylic paint, alkyd paint,
  epoxy paint, are utilized for painting buildings
  or similar structures. They are used for
  residential, commercial, and industrial repaint
  purposes, having UV resistance, and low volatile
  organic compounds (VOCs) content.  Moreover, the
  aging of old buildings and paint damages are also
  increasing the growth of the construction repaint
  market. Painting the structure again after the
  first construction paint is known as a repaint.
  Construction repaints can also be used in
  emulsions, varnishes, and enamels.  

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• Key Takeaways
• The Asia Pacific dominates the construction
  repaint market owing to the rising growth and
  increasing investments in the construction
  industry. For instance, according to the World
  Bank, in 2020, the building and construction
  industry reached about US 11.9 trillion, with an
  increase of about 4.2 from 2019.
• Rapidly rising demand for construction
  repaint for increasing activities of maintenance,
  remodelling, renovation, and repair, has driven
  the growth of the construction repaint market.
• However, introduction of durable paints can
  hinder the growth of the construction
  repaint market.

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By Distribution Channel- Segment Analysis The
acrylic resin segment held the largest share in
the construction repaint market in 2021. Acrylic
paint is waterborne and is used in emulsions,
enamels, powders, and lacquers. Acrylic paint is
easy to clean, durable, have UV resistance, low
volatile organic compounds (VOCs) content, is
inexpensive, and is VOC-free, as compared to
other resins. Epoxy resin are not water-clear on
setting like acrylic, and they do not resist
sunlight (UV) degradation. Polyester resin is
also not clear and hard as acrylic, having a
yellowish tinge on deposition, it is highly
toxic, and has an unbearable- odour, which makes
acrylic resin the most preferred resin in the
construction paint market.
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• Construction Repaint Market
  Outlook 
•   AkzoNobel N.V.
• The Sherwin-Williams Company
• Asian Paints Ltd.
• The Valspar Corporation
• Royal DSM
• PPG Industries Inc.
• RPM International Inc.
• Nippon Paint Holdings Co. Ltd.
• Axalta Coatings Systems
• Jotun A/S.

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Construction Repaint Market -
Forecast 2022 - 2027 Learn More About the
Report _at_ https//www.industryarc.com/Research/C
onstruction-Repaint-Market-Research-505550
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• Analyst Briefing
• Data Tables
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