asia-pacific-architectural-coatings-market
Published

August 2016

Asia Pacific Architectural Coatings Market - Segmented By Type, End - User Application and Geography - Trends and Forecasts (2015 - 2020)

Purchase Report
$3850
Single user license
$4000
Team license
$8250
Corporate license

The Asia-Pacific architectural coatings market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2020, at a CAGR of XX.XX% during the forecast period. Architectural coatings are coatings which are majorly used to coat interiors and exteriors of homes and building structures. They are further applied on floors, roofs, pavements, walkways, and decks. The architectural coatings provide aesthetic colors and texture options, thereby making it attractive and durable at the same time. They also provide color retention and green coatings provide self-cleaning properties, which gives them resistance to chalking and fading when exposed to bright sunlight.

Architectural coatings, owing to their corrosion and temperature resistance, increased durability on end products, and low fire-hazards risks properties are becoming an integral part of various commercial and industrial sectors. In the architectural coatings market report, the following major end-use application sectors were taken into consideration: interior and exterior. These applications are further segmented into residential and non-residential. The residential segment is the fastest growing segment in the market and it accounted for more than XX.XX% share of the Asia-Pacific architectural coatings market in 2015.

Market Dynamics of the Asia-Pacific Architectural Coatings Market:

Drivers:

  • Stringent environmental regulations to control VOC emissions
  • Demand from infrastructure industry
  • Increasing middle class population
  • Growing home appliance industry

Restraints:

  • Higher cost production
  • Lack of product focus
  • Lack of awareness

According to the technology used in the production, the market has been segmented into water-borne and powder coatings. Waterborne coatings are further segmented into water-soluble paints, colloidal paints, emulsions/latex coatings, and water-based alkyd coatings; while the powder coatings segment is further divided into thermosetting powder coatings and thermoplastic powder coatings. The market is also segmented based on the type of coatings into ceilings, bridges, walls, tunnels, walkways, basements, floors, and roofs.

The market has also been geographically segmented into Asia-Pacific region by countries such as China, India, Japan, South Korea, ASEAN countries and the rest of Asia-Pacific. In terms of growth in 2015, China led the market growing at a CAGR of XX.XX%. With the improvement in the financial status of the consumers, the purchasing power of the middle class consumers has increased, which in turn is accelerating the demand for infrastructure, in turn making these countries an area of immense potential and opportunities. However, the lack of product focus in these developing countries has considerably hindered the growth of this market.

Furthermore, the development of bio-based products and the rising disposable income of people will offer numerous opportunities for the growth of the global architectural coatings market. Some of the major companies dominating this market for its products, services, and continuous product developments are:

  • Akzo Nobel Coatings
  • Axalta Coatings System
  • BASF
  • Beckers Speciality Corporation
  • DuPont
  • Henkel Corporation
  • Kansai Paints
  • PPG Industries
  • Valspar
  • Wacker Chemie

Key Deliverables in the Study

  • Analysis for the Asia-Pacific architectural coatings market, with region specific assessments and competition analysis on Asia-Pacific and regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on Asia-Pacific and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the Asia-Pacific architectural coatings market on both Asia Pacific and regional scale.
  • Insights on the major countries/regions in which this industry is booming and to also identify the regions that are still untapped
RELATED REPORTS
No related reports available.
Purchase Report
$3850
Single user license
$4000
Team license
$8250
Corporate license
Our Clients Include View All

Looking to Customize Report?