Architectural
paint is employed in various infrastructure applications such as tanks,
storage, wall, windows and roof among others. On the basis of application,
architectural paints can be divided into two major segments namely, interior
and exterior applications. Interior applications dominate the global demand for
architectural paint and the trend is expected to continue in the near
future.
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with TOC: http://www.transparencymarketresearch.com/architectural-paint-market.html
Growing
construction industry has been a major driver for market growth. Growing disposable
income and increased industrial investments are among the major factors driving
growth for the architectural paint market. Organic architectural paints are
expected to drive the industry in the near future. Several architectural paint
products are hazardous to the environment and human health which has led to
stringent government regulations and are amongst the major factors restraining
market growth. Emerging geographical segments in the RoW region is expected to
offer huge growth opportunity for the industry.
North
America dominates the global architectural paint market in terms of consumption
and the trend in expected to continue in the near future. The demand for
architectural paints in North America is primarily driven by the residential construction
market. Europe accounts for the second largest market for architectural paint.
The demand for architectural paints is expected to grow at a sluggish rate in
North America and Europe owing to market maturity and stringent environmental
regulations. Asia Pacific is expected to be the fastest growing region during
the forecast period owing to high economic growth rate and increasing
disposable income in the developing economies of India and China. South America
and Middle East are expected to drive the demand in the RoW region during the
forecast period.
Some
of the market players in this industry segment include Akzo Nobel, Kansai
Paint, BASF, Axalta, DuPont and Valspar among others.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
·
North
America
·
Asia
Pacific
·
Europe
·
Rest
of the World
This
report provides comprehensive analysis of
·
Market
growth drivers
·
Factors
limiting market growth
·
Current
market trends
·
Market
structure
·
Market
projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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