Our latest research report entitled Residential Architectural Coatings Market (by application (exterior, interior), distribution channel (independent distributors, wholesalers), consumer type (DIY, professional consumers), resin type (acrylic, alkyd), technology (waterborne, powder)) provides complete and deep insights into the market dynamics and growth of Residential Architectural Coatings. Latest information on market risks, industry chain structure Residential Architectural Coatings cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Residential Architectural Coatings growth factors.
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Growing Housing Construction Activities is Driving the Residential Architectural Coatings Market
The residential architectural coatings is a broad term covering an array of liquid-applied materials, ranging from traditional linseed oil-based paints to protective mineral silicate coatings to the penetrating sealers.
The coatings are used to enhance the appearance of building and protect it from weather conditions such as wind-driven rain, standing water, acidic rain, ice, and freeze-thaw cycling. Any functional or aesthetic deterioration of the building wall risks shortening the life span of a building which is in turn creating the need for extensive repairs.
The architectural coating is important for the overall sustainability of building structure, it takes considerations of environmental concern, ease of use and color requirement. A most significant factor that influencing the performance of the coating is its weatherability.particularly its UV resistance.
The architectural coatings are checked by different tests such as adhesive, impact resistance, humidity resistance, mortar resistance, acid resistance, and pencil hardness. The architectural coating required to have good water resistance, good alkali resistance, certain decorative function, bonding strength to cement surface layers or wood materials and repair as well as maintenance and easy recoating.
Growing housing construction activities is driving the residential architectural coatings market. Further, modern advancement in coatings and its wide variety of exterior and interior applications, rise in civil construction activities across the globe and large investments in the maintenance and repair of existing buildings are provide growing demand for the market.
However, fluctuations in raw material prices are hindering the growth of the market. Moreover, the growth of the real estate sector and rapid development in infrastructure provide immense growth opportunities for the residential architectural coatings market.
Asia Pacific Region is Expected to Dominate
Asia Pacific region is expected to dominate the residential architectural coatings market owing to the rapid growth of the construction industry. China and India are the major contributors to the growth of the market in this region owing to growing government spending on affordable housing facilities, expanding service and industrial sector and rapid development in infrastructure.
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Report On Global Residential Architectural Coatings Market Covers Segments Such As Application, Distribution Channel, Consumer Type, Resin Type, and Technology
On the basis of application, the sub-markets include exterior and interior. On the basis of the distribution channels, the sub-markets include company-owned stores, independent distributors, large retailers, and wholesalers.
On the basis of consumer type, the sub-markets include DIY consumers and professional consumers. On the basis of resin type, the sub-markets include acrylic and alkyd. On the basis of technology, the sub-markets include waterborne, solvent-borne, and powder.
The report provides profiles of the companies in the market such as Sherwin-Williams Company, Asian Paints Limited, Nippon Paint Holdings Co., Ltd, Akzo Nobel N.V, Kansai Paints Co., Ltd, Masco Corporation, RPM International Inc, Jotun Group, BASF SE, and PPG Industries, Inc.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/chemical-material/global-residential-architectural-coatings-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Residential Architectural Coatings.
- Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market.
- The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.