Global Construction Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global construction coatings market in its upcoming report titled, “Global Construction Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global construction coatings market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global construction coatings market report has been segmented on the basis of type, product, end-use, and region.

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Construction coatings are paints or varnish materials such as liquid and powder used for coating in construction activities. These materials are utilized in buildings and in construction to protect and decorate various surfaces. Construction coatings increases resistance of multiple surfaces and prevents surface from weather and rusting. Protected layers result in advanced aesthetics of buildings and construction and makes the surface more durable. Construction coatings have applications in various infrastructural activities such as wall coatings, floor surface coatings, roof coatings, building panels, commercial windows, curtain walls, and others.  It is also utilized as powder coatings in automotive and aviation sectors.

Construction coatings market growth is driven by factors such as increasing activities in civil construction, owing to increased demand for efficient coating products. Construction coatings act as protective layers for structures and prevents building from corrosion, damage, and dampness due to frequently changing weather conditions. Increasing use of construction coatings products for protective and waterproofing application is an additional factor expected to drive product demand over the forecast period. In addition, increasing government investments driving the construction sector in various regions is expected to drive the global construction coatings market in next ten years.

Fluctuating raw material prices and increasing stringency of law to minimize emissions of volatile organic compounds (VOC) are major factors projected to hinder growth of the global market. However, untapped markets in developing countries are projected to provide various new opportunities to players over the next five years.

The target audience for the global construction coating market include raw material suppliers, construction coating manufacturers, distributors, traders, and suppliers of construction coating, general construction coating associations, regional manufacturers’ associations, government agencies, regional agencies, research organizations, and investment research firms.

Asia Pacific construction coatings market is expected to account for highest share in terms of revenue in the global construction coatings market. This can be attributed to increasing application of coating materials in various commercial and industrial construction activities. Adoption rate of construction coatings is projected to surge in Asia Pacific market. Developing economics such as India and China, are projected to show increasing demand for construction coatings over the next ten years.

Global Construction Coatings Market Segmentation:

Segmentation by type:

• Acrylic
• Polyurethane
• Silicone

Segmentation by product:

• Water borne coatings
• Solvent borne coatings
• Powder coatings

Segmentation by end-use:

• Residential
• Non-residential
• Industrial

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa