1. What is the projected Compound Annual Growth Rate (CAGR) of the Architectural Coatings Market?
The projected CAGR is approximately 6.2%.
Architectural Coatings Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, Others), by Technology (Solvent Borne, Water Borne, Others), by End-use (Residential, Non-residential), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The global architectural coatings market was valued at USD 146.4 Billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2028. Building materials that can be painted include architectural coatings are unique paints and coatings used in architecture and construction. They can be applied both inside and outside, on the walls, ceilings, floors, or for embellishment. Architectural coatings are usually of four basic varieties namely, the primer, the topcoat, the stain and the varnish and each of them delivers a particular performance regarding endurance, appearance as well as resistance to natural elements. Ingredients often include resins, pigments, solvents as well as additives that should be able to afford attributes such as protection from ultraviolet light, resistance to moisture as well as retention of color. Some of the advantages of using architectural coatings include factors such as durability, enhanced appearance, protection against deterioration, and physical wear. A shift toward sustainability is emerging in coatings in the last couple of years, keying in on low-VOC and water-based coatings brought by the growing environmental laws and the inhabitants’ concern for sustainable structures.
Resin Type:
Technology:
End-use:
The report provides a comprehensive analysis of the architectural coatings market, including:
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 6.2% from 2019-2033 |
Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 6.2%.
Key companies in the market include The report will include the profiles of key players, such as PPG Industries, Inc., BASF Coatings GMBH, Jotun, Asian Paints Limited, Kansai Paint Co., Ltd., AkzoNobel N.V., Nippon Paint Holdings Co., Ltd., Sherwin-Williams Company and RPM International, Inc..
The market segments include Resin Type, Technology, End-use.
The market size is estimated to be USD XX USD Billion as of 2022.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in Liters.
Yes, the market keyword associated with the report is "Architectural Coatings Market," which aids in identifying and referencing the specific market segment covered.
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