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.
Infographic by Architectural Coatings Market