Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Architectural Paint Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure
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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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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