Architectural coatings are the paints and coatings used to coat buildings and homes. Most are designated for specific uses such as roof coatings, wall paints, or deck finishes. The first five-year cumulative revenue of Architectural Coatings Market (2017-2021) is projected to be over US$ 320 Bn, which is expected to increase rather moderately over the latter part of the five-year forecast period.
Global Architectural Coating Market: Segmental Snapshot
By Resin Type: The acrylic segment accounted for highest revenue share contribution in 2016, as compared to other type segments, and is expected to register a CAGR of over 6% between 2017 and 2026 owing to wide spread applicability of acrylic resin in water reducible and emulsion resin which are used for manufacturing of coats and varnishes.
By Technology Type: The water based segment accounted for highest revenue share contribution in 2016, as compared to other type segments, and is expected to register a CAGR of over 6% between 2017 and 2026.
By Application: The residential segment accounted for highest revenue share contribution in 2016, as compared to other type segments, and is expected to register a CAGR of over 6% between 2017 and 2026.
By Region: The market in Asia Pacific accounted for highest revenue share in the global architectural coating market in 2017, and is expected to register a CAGR of over 6% between 2017 and 2026.
The research report on the global architectural coating market includes profiles of some of the major companies such as PPG Architectural Coatings, The Sherwin-Williams Company, RPM International Inc., Nippon Paint Holdings Co., Ltd., Kansai Paint Co., Ltd., BASF SE, Akzo Nobel N.V., Michelman, Inc., and IFS Industries, Inc.
Source of Infographics:Â Â Architectural Coatings Market By MarketResearch