Market Overview:
The global building organic coatings 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 green and environment-friendly coatings products, owing to their low VOC emissions. In addition, the growing construction industry is also propelling the growth of this market. The global building organic coatings market can be segmented on the basis of type into water-soluble coatings, solvent coatings, and emulsion coatings. On the basis of application, this market can be segmented into interior wall coating, exterior wall coating, floor coating, roof coating and others such as marine applications and pipeline protection systems.
Product Definition:
Building Organic Coatings are coatings that are applied to a substrate to improve the appearance, durability and performance of the substrate. The importance of Building Organic Coatings is that they can protect substrates from weathering, corrosion and other environmental factors.
Water-soluble Coatings:
Water-soluble coatings are organic resins that are dissolved in water or another aqueous solution and applied to the substrate by means of spray, immersion, or brush. The product is used as an alternative to solvent-based coatings; however, it does not contain solvents which makes it less volatile than traditional solutions.
Solvent Coatings:
Solvent coatings are widely used in the building and construction industry for various applications such as wood finishing, metal surfaces, concrete countertops, stone surfaces and tiles. Solvent coating is a two-component system that comprises of solvent (diluent) and paint. The diluent acts as a carrier for the paint to become an effective solution on its surface. It allows paints to be absorbed into the substrate with ease by eliminating or reducing water content in it.
Application Insights:
Exterior wall application led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for aesthetically pleasing, durable and easy to clean exterior walls is expected to propel product demand in this segment.
Interior wall application was valued at USD 544 million in 2017 owing to increasing applications of organic coatings for decorative as well as functional purposes within commercial buildings including offices, showrooms, hotels and hospitals. Increasing interior design activities coupled with growing awareness regarding sustainable construction practices are anticipated to drive product consumption within interior walls over the coming years.
Floor coating application segment accounted for more than 15% share of the overall revenue in 2017 owingto high durability and performance exhibited by these products under foot traffic conditions without requiring any additional maintenance or repair works after completion of five years warranty period from the date of installation by a building owner or designer himself/herself (if applied on bare concrete).
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is anticipated to witness significant growth on account of rapid infrastructure development coupled with rising construction activities, especially in China, India, Indonesia, Malaysia and Vietnam.
The growing residential sector due to increasing urbanization along with government initiatives towards sustainable construction practices are likely to have a positive impact on industry growth over the coming years.
Growth Factors:
- Increasing demand from the construction industry for coatings that can improve durability and resistance to weathering is expected to drive the growth of the global building organic coatings market over the forecast period.
- Rising awareness about environment-friendly and sustainable products is projected to fuel the demand for building organic coatings in the coming years.
- Growing use of nanotechnology in coating formulations is anticipated to offer lucrative opportunities for players operating in this market during the forecast period.
- Proliferation of new applications, such as roofing, insulation, and cladding, is likely to boost demand for building organic coatings in near future. 5 Emerging economies are expected to offer significant growth opportunities owing to increasing investments by leading players in these regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Building Organic Coatings Market Research Report
By Type
Water-soluble Coatings, Solvent Coatings, Emulsion Coatings
By Application
Interior Wall, Exterior Wall, Floor Coatings, Roof Coatings, Others
By Companies
AkzoNobel, Dow, PPG Industries, Inc, Sherwin-Williams, BASF Coatings AG, Valspar Corp, Nippon Paint, Kansai Paint, Chemolak Plc, Novochema Cooperative, AkzoNobel, Slovlak Košeca
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Building Organic Coatings Market Report Segments:
The global Building Organic Coatings market is segmented on the basis of:
Types
Water-soluble Coatings, Solvent Coatings, Emulsion Coatings
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
Interior Wall, Exterior Wall, Floor Coatings, Roof Coatings, Others
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:
- AkzoNobel
- Dow
- PPG Industries, Inc
- Sherwin-Williams
- BASF Coatings AG
- Valspar Corp
- Nippon Paint
- Kansai Paint
- Chemolak Plc
- Novochema Cooperative
- AkzoNobel
- Slovlak Košeca
Highlights of The Building Organic Coatings 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:
- Water-soluble Coatings
- Solvent Coatings
- Emulsion Coatings
- By Application:
- Interior Wall
- Exterior Wall
- Floor Coatings
- Roof Coatings
- Others
- 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 Building Organic Coatings 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Building organic coatings refers to the use of natural or organic solvents and surfactants in order to create a coating that is free from harmful chemicals. This type of coating can be used on a variety of surfaces, including metal, plastic, and paper.
Some of the major players in the building organic coatings market are AkzoNobel, Dow, PPG Industries, Inc, Sherwin-Williams, BASF Coatings AG, Valspar Corp, Nippon Paint, Kansai Paint, Chemolak Plc, Novochema Cooperative, AkzoNobel, Slovlak Košeca.
The building organic coatings 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 Building Organic Coatings 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 Building Organic Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Building Organic Coatings 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 Building Organic Coatings 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 Building Organic Coatings Market Size & Forecast, 2020-2028
4.5.1 Building Organic Coatings Market Size and Y-o-Y Growth
4.5.2 Building Organic Coatings Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Water-soluble Coatings
5.2.2 Solvent Coatings
5.2.3 Emulsion Coatings
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Interior Wall
6.2.2 Exterior Wall
6.2.3 Floor Coatings
6.2.4 Roof Coatings
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Building Organic Coatings 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 Building Organic Coatings 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Water-soluble Coatings
9.6.2 Solvent Coatings
9.6.3 Emulsion Coatings
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 Market Size Forecast by Applications
9.10.1 Interior Wall
9.10.2 Exterior Wall
9.10.3 Floor Coatings
9.10.4 Roof Coatings
9.10.5 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Water-soluble Coatings
10.6.2 Solvent Coatings
10.6.3 Emulsion Coatings
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 Market Size Forecast by Applications
10.10.1 Interior Wall
10.10.2 Exterior Wall
10.10.3 Floor Coatings
10.10.4 Roof Coatings
10.10.5 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Water-soluble Coatings
11.6.2 Solvent Coatings
11.6.3 Emulsion Coatings
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 Market Size Forecast by Applications
11.10.1 Interior Wall
11.10.2 Exterior Wall
11.10.3 Floor Coatings
11.10.4 Roof Coatings
11.10.5 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Water-soluble Coatings
12.6.2 Solvent Coatings
12.6.3 Emulsion Coatings
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 Market Size Forecast by Applications
12.10.1 Interior Wall
12.10.2 Exterior Wall
12.10.3 Floor Coatings
12.10.4 Roof Coatings
12.10.5 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Water-soluble Coatings
13.6.2 Solvent Coatings
13.6.3 Emulsion Coatings
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) Market Size Forecast by Applications
13.10.1 Interior Wall
13.10.2 Exterior Wall
13.10.3 Floor Coatings
13.10.4 Roof Coatings
13.10.5 Others
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 Building Organic Coatings Market: Competitive Dashboard
14.2 Global Building Organic Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 Dow
14.3.3 PPG Industries, Inc
14.3.4 Sherwin-Williams
14.3.5 BASF Coatings AG
14.3.6 Valspar Corp
14.3.7 Nippon Paint
14.3.8 Kansai Paint
14.3.9 Chemolak Plc
14.3.10 Novochema Cooperative
14.3.11 AkzoNobel
14.3.12 Slovlak Košeca
