The Global Architectural Coatings Market held USD 66.86 billion in 2019, and is predicted to reach USD 109.34 billion by 2030 with a CAGR of 4.5%from 2020-2030. The global architectural coatings market observed a volumetric sale of 26,452.2 kilotons in 2019, that is projected a hike up-to 40,501.4 kilotons by 2030, with a CAGR of 3.9%. Architectural coatings are synthetic formulations applied on the architectural structures to increase its longevity, provide it an aesthetic appearance and to safeguard it against extreme weather conditions such as humidity, temperature, chemicals as well as drastically changing climatic conditions. These coatings are useful for interior & exterior walls, floor, and ceilings of residential and non-residential buildings as they are capable of absorbing and reflecting the light, as well as in changing color of the surface or substrate on which they are applied. The architectural coatings along with adding durability, lessens the risks of fire-hazards. These coating can be of various resin types such as acrylic, epoxy, polyester, polyurethane, alkyd, or any composite materials. Market Segmentations and Scope of the Study: The architectural coatings market analysis is based on resin type, technology, function, application, and geography. Based on resin type, the market is segmented into acrylic, polyurethane, alkyd, epoxy, polyester, and others. Based on technology, the market covers waterborne and solvent borne. Based on function, the architectural coatings market is classified into ceramics, paints, inks, lacquers, powder coatings, primers, and sealers. Based on application, the market is divided into residential and non-residential. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW. Request
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https://www.nextmsc.com/architectural-coatings-market/request-sample Geographical Analysis Asia-Pacific is anticipated to hold the highest market share maintaining its lead throughout the forecast period, growing with the highest CAGR. This is attributable to growing construction sector, major development firms in India, China, and Japan, increasing reclamation activities by governments, and highest consumer of architectural coatings. This will further spur the architectural coatings market share by 2030. Europe region would witness increasing market size in the global architectural coatings market, owing to improvement in public & private infrastructures, demand for special furniture and coatings, innovation in coating products, as well as growing consumer demand for specialized & sustainable coating solutions. North America represents a relatively mature markets and it is expected to have an average growth rate over the forecast period owing to technological