Construction Paints and Coatings Market by manufacturers, regions, type and application, forecast to 2027

 Market Overview

Construction paints and coatings are varnishes materials that are available in the form of powder and liquid. It increases the resistance of the various surface and prevent rusting. Solvent-borne coatings, powder coatings, radiation cured coatings, waterborne coatings, and specialty coatings are some of the major types of construction paints and coatings.

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Market Dynamics

The growing development of bio-based coatings for the construction industry is expected to bring new market opportunities over the forecast period. For instance, in March 2017, PPG launched Sigma Air Pure, a new bio-based wall paint for the professional and consumer market. Sigma Air Pure is a bio-based wall paint with an air purification effect. It enhances the indoor air climate of homes, offices, and schools by reducing up to 70 percent of the harmful formaldehyde from the indoor air.

Growth in the construction activities around the globe is projected to drive the market growth of the construction paints and coatings. Increasing population is also creating demand for residential infrastructure which in turn is boosting demand for paints and coatings. Also, rapid growth in the manufacturing industries around the globe is again expected to augment the market growth of the construction paints and coatings.

Detailed Segmentation:

  • Global Construction Paints and Coating market, By Product Type:

    • High Solids/Radiation Cured

      Powder Coating

      Water Borne

      Solvent Borne

      Others

  • Global construction paints and coating market, By Application:

    • Architectural Paints

      Others

  • Key companies covered as a part of this study PPG Industries, Inc., Sherwin-Williams Company, RPM International Inc., The Valspar Corporation, Helios Group, Dow Coating, Asian Paints, Deutsche Amphibolin- Werke Von Robert Murjahan Stiftung & Company, Axalta Coating Systems, Berger Paints India Limited and Tikkurila Oyj


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