What is Exterior Architectural Coating Market?
The exterior architectural coating is applied to stationary structures and their appurtenances. Exterior architectural coating is commonly used for coating exterior building materials including wood, fiber cement, composites, stucco or render, among others. The coating helps to protect the building from UV and radiations, moisture, extreme temperature, and microbes. Growing demand for exterior architectural coating from the residential sector is driving the market growth over the globe. Exterior architectural coating fluctuates with substrate base material, climate, type of construction, and price-point.
The market study is being classified by Type (Organic, Inorganic and Organic-Inorganic), by Application (Exterior Wall, Interior Wall, Ceiling, Flor and Roof Waterproof Coatings and Others) and major geographies with country level break-up.
BASF SE (United States), PPG Industries, Inc. (United States), Nippon Paint Holdings Co., Ltd. (Japan), Dow Chemical Company (United States), Axalta Coating Systems (United States), Kansai Paint (Japan), Akzo Nobel N.V. (Netherlands), Benjamin Moore & Co. (United States), DAW SE (Germany) and Diamond Vogel (United States) are some of the key players profiled in the study.
Global Exterior Architectural Coating is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Analyst at AMA have segmented the market study of Global Exterior Architectural Coating market by Type, Application and Region.
On the basis of geography, the market of Exterior Architectural Coating has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Industrialization across the Globe
- Increasing Applications of Exterior Architectural Coating in Construction Sector
- Rising Consumer Preference towards Long Lasting, Anti-Scuff, and Anti-Slip Paints.
- Problems with the Application of Coatings like too much Flow, Brush Marks, etc.
- Rising Government Spending on Construction Activities in Developing Countries can create Opportunities for Market Growth
- Stringent Environmental Regulations on the Use and Production of Exterior Architectural Coating
On 29th September 2020, PPG Industries, Inc. has launched PPG flooring coatings. It includes prime coats, base coats, and topcoats. It can deliver benefits like resistance to impact, abrasion, and certain chemicals.
According to Environmental Protection Industry, “The coatings should be limited Volatile Organic Compound. Each coating packing should be labeled with the ingredients and others.
Key Target Audience
Exterior Architectural Coating Manufacturers, Exterior Architectural Coating Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Frequently Asked Questions (FAQ):1. Which factors would majorly drive the Exterior Architectural Coating Market?
"Rising Industrialization across the Globe
" is seen as one of major growth factors of Exterior Architectural Coating Market in years to come.2. Can we have customized study for Exterior Architectural Coating Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.3. Which region will lead the Global Exterior Architectural Coating Market? will lead Exterior Architectural Coating Market in coming years.