- The key vendors in the architectural coatings market in EMEA 2015-2019 are Akzo Nobel NV, DAW SE, Jotun Group, Kansai Paint Co. Ltd., PPG Industries Inc. and Tikkurila Oyj
London, 22 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the architectural coatings market in EMEA 2015-2019. Continuous advances in architectural coatings technology have necessitated provision of support services by vendors to customers. A wide range of products with varying formulations and performance characteristics exists in the market. The architectural coatings market in EMEA 2015-2019 is estimated to grow at a CAGR of 5.70% during the period of 2014-2019.
“The architectural coatings market is witnessing increase in demand for functional coatings, with vendors introducing various innovative products,” says Faisal Ghaus, Vice President of Technavio Research.
“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 from any paint, pen and marker ink, and graffiti.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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