About Emulsion Paint
The global emulsion paint market is expected to grow at a significant rate during the forecast period, according to the AMA study. Emulsion paints can be defined as water-based paints used for coating of walls & ceilings during the construction or refurbishment of any residential, commercial, or industrial building. The growing number of residential and commercial construction projects is one of the major factors aiding into the growth of the market globally.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The vendors in this market are highly focusing on developing innovative and new products in order to remain competitive in the market. Analyst at AMA Research estimates that India Vendors will contribute the maximum growth to Global Emulsion Paint market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Adchem Technologies (India), Akzo Nobel N.V. (Netherlands), Asian Paints (India), Benjamin Moore & Co. (United States), Berger Paints India Limited (India), Crown Paints (United Kingdom), Dow (United States), Farrow & Ball Ltd. (United Kingdom), Kamsons Chemicals Pvt.Ltd. (India), Kansai Nerolac Paints Limited (India), NIPSEA GROUP (Japan), PPG Industries Ohio, Inc. (United States), Sandtex (United Kingdom) and Shalimar Paints (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Emulsion Paint market by Type (Gloss, Satin, Eggshell, Silk and Flat Matt/Matt), Application (Residential, Commercial and Others) and Region.
On the basis of geography, the market of Emulsion Paint has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Emulsion Paint market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Acrylic-based will boost the Emulsion Paint market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Attractive Interior Design Generating the Demand for Decorative Paints and Thereby Propelling the Growth for Emulsion Paint Market and Increase in Demand for humidity-resistant Paints & Coatings is Expected to be one of the Major Trends for the Market
Market Growth Drivers:
Growth in Demand From Construction Infrastructure Activities such as Installation of Walls & Ceilings is Propelling the Demand for Emulsion Paints and The Growing Number of Residential & Commercial Construction Projects Across the World
Challenges:
Availability of Substitutes
Restraints:
High Cost of Product
Opportunities:
Increasing Number of Smart City Projects Across Emerging Economies such as India will Create Huge Opportunities for Market Vendors During the Forecast Period and Rising Urbanisation Across DIfferent Regions
Market Leaders and their expansionary development strategies
In 2019, Dow announced that it has completed the separation of itself from DowDuPont which was formed as a merger between two chemical companies i.e. Dow Chemical Company and DuPont in 2015.
In 2019, Kansai announced that it has completed the acquisition of Nerolac Paints from Perma Construction Aids.
Key Target Audience
Construction Paint Manufacturers, Emulsion Paint Manufacturers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Raw Material & Component Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.