architectural coatings market in apac 2015-2019
TRANSCRIPT
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Architectural Coatings Market in APAC 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “Over the years, the architectural coatings market in APAC has witnessed continuous innovation, with vendors focusing on introduction of eco-friendly products and products with functional benefits. Today, architectural coatings are developed to satisfy the needs of customers and are largely customized to offer benefits such as graffiti-resistance and self-cleaning characteristics. The market is also witnessing an increasing demand for high-performance coatings for exterior applications.”
• Architectural coatings are products used to enhance the appearance of a building and protect it from elements such as moisture, UV radiation, and microbes. These coatings are applied to commercial and residential buildings.
• The market is expected to witness a strong growth during the forecast period, posting a CAGR of 6.43%.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Architectural Coatings Market in APAC 2015-2019
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Vendors
To understand the vendor landscape and for a full list
of vendors view our report:
Architectural Coatings Market in APAC 2015-2019
AkzoNobel
Asian Paints
Kansai Paint
AkzoNobel was founded in 1994 and is headquartered in Amsterdam, Netherlands. The company was formed as a result of the merger between Akzo and Nobel Industries. It is one of the leading manufacturers and suppliers of specialty chemicals, paints, and performance coatings worldwide.
Asian Paints was founded in 1942 and is headquartered in Mumbai, India. It is one of the leading paint companies that manufactures and sells a wide range of paints for decorative and industrial purposes.
Kansai Paint was founded in 1918 and is headquartered in Osaka, Japan. The company primarily manufactures and sells paints and coating equipment. It also undertakes painting projects and is engaged in the manufacturing and sales of biotechnology and electronics products.
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Market Landscape
• The global architectural coatings market is witnessing increased demand for functional coatings, with vendors introducing various innovative products.
• Such products include graffiti-resistant coatings and self-cleaning finishes.
• For instance, PPG offers Coraflon GR and Duranar GR graffiti-resistant coatings that provide a clear barrier over the color-coated surface.
• Such surfaces can be wiped clean of any paint, pen and marker ink, and graffiti. Akzo Nobel offers functional architectural coatings that are dirt-repellent, scratch-resistant, and anti-graffiti.
• Vendors in the market collaborate closely with customers and provide such customized solutions for niche applications.
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Market Outlook• Continuous advances in architectural coatings technology have necessitated
the provision of support services by vendors to customers.
• A wide range of products with varying formulations and performance characteristics exist in the market.
• Efficient use and proper application of such improved technologies require considerable support services from vendors.
• However, there is lack of adequate vendor support post sales.
• Necessary support services include training programs on product properties and color selection for industrial designers, architects, and members from the distribution network such as retailers.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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