Chicago, IL -- (SBWire) -- 09/05/2017 --Construction paints and coatings are varnish materials that are used in construction applications such as to decorate and protect external surfaces of a building. They prevent the surfaces from temperature, and external environmental factors such as heavy rains and winds. They are rust resistance and prevents weathering and corrosion. This makes the surface more durable and gives a fine look. Apart from being used in construction, the construction paints and coatings are applicable in various industries such as architecture, aviation and automotive. They protect the surfaces of vehicles from rusting, weathering and corrosion. This report studies the current and future aspects of the global construction paints and coatings market.
The report on the global Construction paints and coatings market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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The global construction paints and coatings market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia-Pacific region holds the highest market share and is the largest revenue contributor of the construction paints and coatings market. The region is witnessing a fast-paced growth during the forecasted period due to increase in automobile and construction sectors. Moreover, the rise in aviation industry is also promoting the market growth in this region. Overall, the global construction paints and coatings market is witnessing a steady growth; however, the change in environmental rules and regulations is altering the growth patterns of the market from time to time.
MARKET SEGMENTATION
This report analyzes the construction paints and coatings market by the following segments:
Construction Paints and Coatings Market, by Products
1. Solvent-borne Technologies
2. Water-borne Coating
3. Power Coating
4. High Solids/ Radiation Cure
5. Others
Construction Paints and Coatings Market, by Applications
1. Residential
2. Commercial
3. Medical & Healthcare
4. Automotive & Aviation
5. Others
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Construction Paints and Coatings Market to Reach Billion USD by 2022 - Scalar Market Research
Construction Paints and Coatings Market, by Product (Solvent-borne Technologies, Water-borne Coating, Power Coating, High Solids/ Radiation Cure, Others), Application (Residential, Commercial, Medical & Healthcare, Automotive & Aviation, Others) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022