Market Overview:
The global construction coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for construction coatings from residential and non-residential applications, and rising investments in infrastructure development projects across the globe. The water borne segment is expected to dominate the global construction coatings market during the forecast period, owing to its properties such as easy application, low VOC emissions, and environmental friendliness. The solvent borne segment is projected to grow at a higher CAGR than other segments during the forecast period, due to its superior properties such as durability and resistance against weathering conditions.
Product Definition:
Construction coatings are a type of paint or sealant that is used specifically for construction projects. They can be used on a variety of surfaces, including metal, wood, concrete, and masonry. Construction coatings can provide protection against weathering and corrosion, as well as enhance the appearance of the finished project.
Water Borne:
Water borne is a type of paint that is applied to the surface by using water as a medium. The paints are made up of two components, an organic solvent ( usually turpentine or linseed oil) and water. The solvent allows the paint to thin out so that it can be easily absorbed by the substrate and also helps in drying quickly after application.
The growth factor for this market is increasing demand from developing countries such as India, China, Vietnam.
Solvent Borne:
Solvent borne coatings are used in construction for various applications such as concrete, stucco, and metal surfaces. These products have a high demand due to their low VOC content which makes them suitable for use in residential and commercial buildings. Solvent borne coatings market is expected to witness significant growth over the forecast period owing to increasing consumption of these products in new construction activities across the globe.
Application Insights:
The residential application segment accounted for the largest revenue share of over 40% in 2017. The growth is attributed to increasing urbanization and rising disposable income levels in emerging economies such as India, China, Brazil and so on. Furthermore, government initiatives to provide subsidies for first-time home buyers are expected to boost the demand further.
Non-residential construction sector includes office buildings, educational institutions (schools & colleges), healthcare facilities (hospitals & clinics), industrial buildings and sports facilities etc. Increasing investments by companies from developed countries like U.S., Canada and UK are expected to drive the market growth over the forecast period owing to growing business activities in developing nations across Asia Pacific and Middle East & Africa regions respectively which include Saudi Arabia Malaysia Indonesia Thailand Philippines South Africa Colombia Mexico Argentina Brazil Chile Venezuela etcetera).
Regional Analysis:
Asia Pacific construction coatings market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to rapid infrastructure development and increasing foreign investments in developing economies such as China, India, Indonesia, Vietnam and Thailand. In addition, rising disposable income coupled with growing population will drive demand for residential buildings which in turn will fuel growth over the forecast period.
Europe was valued at USD X billion in 2017 and is anticipated to witness steady growth over the forecast period on account of increasing spending on commercial construction projects such as offices buildings, hotels & restaurants along with public sector investment especially in UK and Germany are expected boost industry expansion over the coming years.
Growth Factors:
- Increasing demand for construction coatings from the developing countries owing to the growth in infrastructure and construction activities.
- Rising demand for energy-efficient and environment-friendly coatings products that can reduce the carbon footprint.
- Growing use of nanotechnology in construction coatings to improve their properties such as durability, weather resistance, and thermal insulation.
- Proliferation of smart buildings that require advanced coating systems for protection against weathering, corrosion, and other damages caused by harsh environmental conditions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Construction Coatings Market Research Report
By Type
Water Borne, Solvent Borne, Powder
By Application
Residential, Non-Residential, Infrastructure
By Companies
BASF, AkzoNobel, DowDuPont, PPG Industries, Asian Paints, BASF
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Construction Coatings Market Report Segments:
The global Construction Coatings market is segmented on the basis of:
Types
Water Borne, Solvent Borne, Powder
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, Non-Residential, Infrastructure
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:
- BASF
- AkzoNobel
- DowDuPont
- PPG Industries
- Asian Paints
- BASF
Highlights of The Construction 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 Borne
- Solvent Borne
- Powder
- By Application:
- Residential
- Non-Residential
- Infrastructure
- 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 Construction 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
- 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?
Construction coatings are a type of coating that is used on various surfaces to protect them from the elements and other damage. Construction coatings can be made from a variety of materials, including but not limited to polyurethane, epoxy, acrylics, and varnishes.
Some of the key players operating in the construction coatings market are BASF, AkzoNobel, DowDuPont, PPG Industries, Asian Paints, BASF.
The construction coatings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Construction 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 Construction Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Construction 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 Construction 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 Construction Coatings Market Size & Forecast, 2020-2028
4.5.1 Construction Coatings Market Size and Y-o-Y Growth
4.5.2 Construction 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 Borne
5.2.2 Solvent Borne
5.2.3 Powder
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 Residential
6.2.2 Non-Residential
6.2.3 Infrastructure
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Construction 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 Construction 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 Borne
9.6.2 Solvent Borne
9.6.3 Powder
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 Residential
9.10.2 Non-Residential
9.10.3 Infrastructure
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 Borne
10.6.2 Solvent Borne
10.6.3 Powder
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 Residential
10.10.2 Non-Residential
10.10.3 Infrastructure
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 Borne
11.6.2 Solvent Borne
11.6.3 Powder
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 Residential
11.10.2 Non-Residential
11.10.3 Infrastructure
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 Borne
12.6.2 Solvent Borne
12.6.3 Powder
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 Residential
12.10.2 Non-Residential
12.10.3 Infrastructure
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 Borne
13.6.2 Solvent Borne
13.6.3 Powder
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 Residential
13.10.2 Non-Residential
13.10.3 Infrastructure
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 Construction Coatings Market: Competitive Dashboard
14.2 Global Construction Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 AkzoNobel
14.3.3 DowDuPont
14.3.4 PPG Industries
14.3.5 Asian Paints
14.3.6 BASF
