Market Overview:
The global architectural finishes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fiberglass, vinyl, wood and cellulosic composite architectural finishes from residential and commercial applications. North America is expected to lead the global architectural finishes market in terms of revenue during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
An architectural finish is a material or coating that is applied to an architectural surface to protect it, enhance its appearance, or both.
Fiberglass:
Fiberglass is a type of glass that is made up of fibers that are held together by resin. The most common types of fiberglass are polyester, cellulose, and Kevlar. Fiberglass has many advantages over other types of glass such as it can be used in places where normal glass cannot go such as in windows and skylights or anywhere else where light needs to pass through the Glass-Fiber reinforced concrete (GFRC).
Vinyl:
Vinyl is a polymer and it's group of chemicals that are manufactured from ethylene, oxygen, and carbon monoxide. Vinyl has the ability to bind with water and fill in the gaps which makes it very useful for paints & coatings industry. It also has high resistance towards chemical exposure which makes it more durable as compared to other materials such as wood or concrete.
Application Insights:
The residential application segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to increasing demand for single-family houses in countries, such as India, China and Australia. In addition, rising disposable income among the middle-class population is expected to fuel product demand over the forecast period.
Commercial construction is anticipated to witness significant growth owing to rapid expansion of commercial spaces including offices and shops at global level. This trend has resulted in increased utilization of architectural wood coatings on structural woodwork which includes beams & columns in a building¢â‚¬â„¢s frame. Other than this, vinyl coatings are also used on walls & ceilings as they offer protection from moisture while maintaining visibility into a building's structure (through herringbone pattern).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising disposable income, growing population, and increasing construction activities. China is projected to lead the APAC regional market over the forecast period owing to rapid urbanization coupled with a large-scale migration from rural areas towards urban centers. This trend will have a positive impact on product demand as it increases application scope in residential as well as commercial buildings.
The Middle East & Africa region is anticipated to witness significant growth during the forecast years due their rapidly expanding construction industry coupled with high investments in infrastructural development projects by various governments across countries such as Saudi Arabia, UAE, Egypt & Nigeria among others are expected favorably impact industry expansion over next few years.
Growth Factors:
- Increasing demand for architectural finishes in the construction industry as a result of growing population and rapid urbanization.
- Rising disposable income of consumers, which is resulting in an increase in the demand for high-end architectural finishes products.
- Proliferation of new design trends in architecture that are driving the demand for innovative and unique architectural finishes products.
- Growing popularity of DIY (Do It Yourself) projects among consumers that is fueling the demand for affordable Architectural Finishes products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Architectural Finishes Market Research Report
By Type
Fiberglass, Vinyl, Wood and Cellulosic Composite
By Application
Residential, Commercial
By Companies
3M, PPG, Kingspan Group, 3M
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Architectural Finishes Market Report Segments:
The global Architectural Finishes market is segmented on the basis of:
Types
Fiberglass, Vinyl, Wood and Cellulosic Composite
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- PPG
- Kingspan Group
- 3M
Highlights of The Architectural Finishes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fiberglass
- Vinyl
- Wood and Cellulosic Composite
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Architectural Finishes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Architectural finishes are the various materials and treatments used on a building's exterior to make it look attractive. These may include paint, stucco, brickwork, stone veneer, or other features.
Some of the major companies in the architectural finishes market are 3M, PPG, Kingspan Group, 3M.
The architectural finishes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Architectural Finishes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Architectural Finishes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Architectural Finishes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Architectural Finishes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Architectural Finishes Market Size & Forecast, 2018-2028 4.5.1 Architectural Finishes Market Size and Y-o-Y Growth 4.5.2 Architectural Finishes Market Absolute $ Opportunity
Chapter 5 Global Architectural Finishes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Architectural Finishes Market Size Forecast by Type
5.2.1 Fiberglass
5.2.2 Vinyl
5.2.3 Wood and Cellulosic Composite
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Architectural Finishes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Architectural Finishes Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Architectural Finishes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Architectural Finishes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Architectural Finishes Analysis and Forecast
9.1 Introduction
9.2 North America Architectural Finishes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Architectural Finishes Market Size Forecast by Type
9.6.1 Fiberglass
9.6.2 Vinyl
9.6.3 Wood and Cellulosic Composite
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Architectural Finishes Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Architectural Finishes Analysis and Forecast
10.1 Introduction
10.2 Europe Architectural Finishes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Architectural Finishes Market Size Forecast by Type
10.6.1 Fiberglass
10.6.2 Vinyl
10.6.3 Wood and Cellulosic Composite
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Architectural Finishes Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Architectural Finishes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Architectural Finishes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Architectural Finishes Market Size Forecast by Type
11.6.1 Fiberglass
11.6.2 Vinyl
11.6.3 Wood and Cellulosic Composite
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Architectural Finishes Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Architectural Finishes Analysis and Forecast
12.1 Introduction
12.2 Latin America Architectural Finishes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Architectural Finishes Market Size Forecast by Type
12.6.1 Fiberglass
12.6.2 Vinyl
12.6.3 Wood and Cellulosic Composite
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Architectural Finishes Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Architectural Finishes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Architectural Finishes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Architectural Finishes Market Size Forecast by Type
13.6.1 Fiberglass
13.6.2 Vinyl
13.6.3 Wood and Cellulosic Composite
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Architectural Finishes Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Architectural Finishes Market: Competitive Dashboard
14.2 Global Architectural Finishes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 PPG
14.3.3 Kingspan Group
14.3.4 3M