Infinium Global Research Announces a Publication of Market Research Report on Global Exterior Architectural Coating Market
The report on Exterior Architectural Coating Market by Infinium Global Research analyzes the Exterior Architectural Coating Market over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Exterior Architectural Coating Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global Exterior Architectural Coating Market.
Pune, India -- (SBWire) -- 02/26/2018 --The report "Exterior Architectural Coating Market by Product (Primers, Emulsions, Enamels and Others), Technology (Waterborne and Solventborne), Resin Type (Alkyd, Acrylic, Polyurethane, Epoxy, Polyester and Others), Application (Residential and Non-Residential) - Global Industry Analysis, Trends analysis and Forecast up to 2023 studies the world as well as regional markets including North America, Europe, Asia Pacific and RoW (Including Latin America, Middle East and Africa)", exterior architectural coating market is projected to grow at a CAGR of 5.2% over the forecast period of 2017-2023. Factors driving the growth of this market include increasing construction work in the emerging economies, rising demand for new waterborne technology over the conventional technology and growing government infrastructure funding as well as FDI.
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Emulsions are estimated to Account for the Largest Share of the Market In 2017
By product, the exterior architectural coating market is classified into primers, emulsions, enamels and others. The emulsion segment is expected to lead the global exterior architectural coating in 2017. Factors driving the growth of this segment include increasing demand for emulsion owing to its water resistant and low emissions properties as well as growing awareness regarding more attributes such as low cost, easy availability and quick drying.
Residential Architectural Coatings are estimated to Command the Largest Share of the Market during the Forecast Period
Based on application, the exterior architectural coating market is categorized into residential and non-residential. The residential architectural coating segment is estimated to account for the largest share of the global exterior architectural coating market during the forecast period. High living standards, increasing disposable income and growing population coupled with rapid urbanization are the key factors driving the growth of this application segment.
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Asia Pacific is estimated to Command the Largest Share of the Market
Based on region, the exterior architectural coating market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). Asia Pacific is expected to dominate the exterior architectural coating market in 2018. This is attributed to factors such as increasing construction projects in the emerging economies such as India, China, and Japan as well as high living standard coupled with rapid industrialization & urbanization and presence of key manufacturers in the region.
Companies Profiled Covered in this Report:
The report profiles some of the key companies in the exterior architectural coating market including Axalta Coating Systems, PPG Industries, Kansai Paint, Nippon Paint, Valspar Corporation, AkzoNobel N.V., Sherwin-Williams, Arkema S.A., Berger Paints and Cabot Corporation.
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Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global exterior architectural coating market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of exterior architectural coating market.
Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the exterior architectural coating market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the exterior architectural coating market to understand the present and future trends in this market and formulate their strategies accordingly.
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