Which will be the Top-Selling Product in the Architectural Coatings Market Architectural coatings market is anticipated to witness a moderate growth, with sales of Architectural Coatings Market expected to surpass 33,000,000 tons by 2018 end, according to the latest report by Fact.MR. The demand for architectural coatings continues to remain influenced by the robust growth in the construction industry worldwide. Meanwhile, reconstruction and renovation of existing structures across the countries are also contributing towards the growth of architectural coatings market. The construction industry is likely to grow significantly in the US, India, and China, according to the report named Global Construction 2030. All the three countries are expected to account for nearly 57% of the global growth, said the report. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=2374 With the emergence of the stringent regulations on the VOC emission, paint and coating manufacturers are shifting their focus from solvent bourne coatings to water bourne coatings. Also, around 80% of household paints sold today are water-based paints, as per the Paint Quality Institute. Advances in additives and resin technologies to overcome the performance issues of water-based coatings like viscosity, flow, and foaming are resulting in increasing demand for water bourne formulation in architectural coatings market. APEJ to Rule Architectural Coatings Market, with China and India Accounting for Highest Market Share APEJ is likely to remain dominant in the architectural coatings market for a long period of time. With growing economy and emerging middle class, the demand for residential construction is growing the India and China. Majority of the construction projects use solvent-based coatings and paints owing to the low-cost and better performance. However, eco-friendly coatings have shown better growth in recent years with governments across APEJ introducing VOC emission. Research institutes along with the green coating manufacturers are investing increasingly in the research and development of innovative raw materials and technologies resulting in the non-hazardous and eco-friendly architectural coatings. For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=2374 The production of sustainable coatings and smart coatings enhancing the dirt and mold resistance has also increased in the architectural coatings market in APEJ. Production of formaldehyde free, reduced VOC, and water-based coatings has also grown to meet the rising demand for ecofriendly architectural coatings in the region.
Which will be the Top-Selling Product in the Architectural Coatings Market
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