- The key vendors in the global exterior architectural paints market 2015-2019 are AkzoNobel, Asian Paints, BASF, Benjamin Moore, BEHR Process, DAW, Nippon Paint, PPG, Sherwin-Williams and Valspar.
London, 11 September 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global exterior architectural paints market 2015-2019. The increasing shift toward the need for eco-friendly and energy-efficient infrastructure and buildings will fuel the growth of green buildings. Architectural coatings are majorly used in such residential and commercial buildings, and this will propel demand in the market. The global exterior architectural coatings market 2015-2019 is expected to grow at a CAGR of 5.58% during 2014-2019.
Paints, primers, lacquers, varnishes, and stains are some of the major types of architectural coating products. These products are formulated using various types of resins such as acrylic, alkyds, polyester, and polyurethane, and can be categorized into two major technologies: solvent-borne and waterborne coatings.
“Vendors are introducing various innovative products, including graffiti-resistant coatings and self-cleaning finishes” 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.”
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.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
