Architectural Coatings Market represents the largest segment of overall coatings market. Architectural coatings are the coatings such as paints, powder and others which are used to coat homes and buildings. Most of the architectural coatings are designed for a specific use such as interior and exterior wall painting, roof coatings and floor coatings. These coating provides certain protective, decorative and durable functions to infrastructure. The acrylic segment is the highest growing segment owing to its advantages such as wide range of applications, oxidation and weathering resistance, durability and high coating quality. Whereas the Asia-Pacific region is most dominating as well as fastest growing region due to increasing applications, infrastructural developments and technological advancements in the region.
Europe Architectural Coatings Market is expected to reach USD 5,261.19 million by 2024 from USD 2,760.94 million in 2016, at a CAGR of 8.5% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Competitive Analysis: EuropeArchitectural Coatings Market
Some of the major players operating in this market are Akzo Nobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, NIPSEA Group, BASF SE, Asian Paints Limited, Axalta Coating Systems, LLC, Brillux GmbH & Co. KG, Colorado Commercial & Residential Painting, IFS Coatings, Kansai Paint Co., Ltd., KEIM Mineral Coatings of America, Inc., Kelly-Moore Paints, Masco Corporation, RPM International Inc. among others.
Key Pointers Covered in the EuropeArchitectural Coatings Market Trends and Forecast to 2026
- EuropeVideo Measuring System Market New Sales Volumes
- EuropeVideo Measuring System Market Replacement Sales Volumes
- EuropeVideo Measuring System Market Installed Base
- EuropeVideo Measuring System Market By Brands
- EuropeVideo Measuring System Market Size
- EuropeVideo Measuring System Market Procedure Volumes
- EuropeVideo Measuring System Market Product Price Analysis
- EuropeVideo Measuring System Market Healthcare Outcomes
- EuropeVideo Measuring System Market Cost of Care Analysis
- EuropeVideo Measuring System Market Regulatory Framework and Changes
- EuropeVideo Measuring System Market Prices and Reimbursement Analysis
- EuropeVideo Measuring System Market Shares in Different Regions
- Recent Developments for EuropeVideo Measuring System Market Competitors
- EuropeVideo Measuring System Market Upcoming Applications
- EuropeVideo Measuring System Market Innovators Study
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Scope of the Architectural Coatings Market
- Europe Architectural Coatings Market By Resin Type (Acrylic, Vinyl Acetate-Ethylene (VAE), Alkyds, Polyurethane, Epoxy, Polyesters, Others), Technology (Solventborne, Waterborne), Function (Paints, Primers, Varnishes, Stains, Sealers, Powder Coatings, Lacquers, Ceramics, Others), Application (Commercial, Residential, Coatings for Wood, Roof Coatings, Floor Coatings), Country (Germany, Russia, U.K., Italy, Turkey, France, Spain, Switzerland, Belgium, Netherlands, Rest of Europe) – Industry Trends and Forecast to 2026
- The architectural coatings market represents the largest segment of overall coatings market. Architectural coatings are the coatings such as paints, powder and others which are used to coat homes and buildings. Most of the architectural coatings are designed for a specific use such as interior and exterior wall painting, roof coatings and floor coatings. These coating provides certain protective, decorative and durable functions to infrastructure. The acrylic segment is the highest growing segment owing to its advantages such as wide range of applications, oxidation and weathering resistance, durability and high coating quality. Whereas the Asia-Pacific region is most dominating as well as fastest growing region due to increasing applications, infrastructural developments and technological advancements in the region.
Market Segmentation: EuropeVideo Measuring System Market
- Global Architectural Coatings Market is segmented into acrylic, alkyds, epoxy, polyurethane, polyesters, vinyl acetate-ethylene (VAE) and others.
- In September 2019, PPG Industries, Inc. launched PPG Services, digitally enabled service. This platform is used for businesses which has multiple facilities in the U.S. This identifies and connects professional painters and general painting maintenance project. This service launch will help to build long term growth strategy by delivering digital solutions.
- On the basis of technology, the market is segmented into waterborne and solventborne.
- In September 2019, AXALTA Coating Systems, LLC has acquired Capital Paints, powder coatings manufacturing company based in UAE. This company has specialized in thermosetting powder coatings manufacturing for architectural powder coatings. This acquisition has been done for the strategic expansion of their powder coating business in Middle East and North Africa (MENA) region.
- On the basis of function, the market is segmented into ceramics, lacquers, paints, powder coatings, primers, sealers, stains, varnishes and others.
- In August 2019, NIPSEA GROUP acquired DuluxGroup Ltd., an Australian paint maker for USD 2.71 billion. This acquisition benefits the company to expand its business in Australia and New Zealand.
Reasons to Purchase this Report:
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
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- The latest developments, market shares, and strategies that are employed by the major market players.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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