South-America Architectural Coatings Market - Segmented by Construction, Application, Technology, Resin and Geography - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4515109
  • Report
  • 105 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Akzo Nobel N.V
  • Jotun
  • Lanco Paints
  • PPG Industries Inc.
  • MORE
The South-America architectural coatings market stood at 1,431.56 kilo metric ton in 2017. The market is expected to register a CAGR of 3.31% in terms of volume during the forecast period, 2018 to 2023. Recovering Construction Industry in the South-America is expected to drive the market during the forecast period.

Recovering Construction Industry in the South-America

Brazil and Argentina accounts for around 75% in South America for construction. Requirements for adequate housing for the growing populations in South-America’s developing countries is expected to fuel the demand for residential construction, which, in turn, is expected to be instrumental in propelling other areas of development, such as development of infrastructure, industries and commercial spaces. Hence, with the reconstruction industry in South-America, the demand for paints & coatings in the region is projected to increase substantially during the forecast period.

Water-borne Technology - The Dominant Technology Type

The VOCs released from solvent-borne coatings is the core reason for the switch of manufacturers to water-borne coatings. Also, other properties, like low odor, more durability, and more block resistance make water-borne coatings more preferable. In recent times there has been a propensity to seek coatings with high usability, and water clean-up characteristics among the users, water-borne coatings meet the requirements, and also facilitate low viscosity, without the addition of low-molecular weight monomers.

Brazil to Dominate the Market Growth

Brazil is one of the largest markets in South America for infrastructure construction. The construction industry fell in 2014-15. Of late, the government in the country has been focusing on economic development with social inclusion. However, it is expected to grow considerably during the next five years, owing to the investment in public infrastructure, renewable and nuclear energy, commercial and industrial projects, and improvements in consumer and investor confidence. The growth in construction is expected to boost the architectural coatings market in the country, during the forecast period.

Key Developments in the Market

January 2018: During the first quarter of fiscal 2018, RPM acquired Key Resin, a leading manufacturer of polymer flooring and coating systems, with an annual net sales of USD 25 million

June 2017: The Sherwin-Williams Company completed the acquisition of The Valspar Corporation and creates a global leader in paints & coatings industry

Major Players: Akzonobel, PPG Industries, and Jotun amongst others.

Reasons to Purchase this Report

Analyze how the growing automotive production & sales will drive the market

Analyze various perspectives of the market with the help of Porter’s five forces analysis

The product type that is expected to dominate the market

The region that is expected to witness fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet in excel

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Akzo Nobel N.V
  • Jotun
  • Lanco Paints
  • PPG Industries Inc.
  • MORE
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report

2. Executive Summary

3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition

4. Market Dynamics
4.1 Drivers
4.1.1 Recovering Economy of Brazil and Argentina
4.2 Restraints
4.2.1 Rise in Prices of Raw Materials
4.3 Opportunities
4.3.1 Increase in the Demand for Bio-based & Eco-friendly Coatings

5. Market Segmentation and Analysis (Market Size, Share, and Forecast)
5.1 By Construction
5.1.1 Commercial
5.1.2 Residential
5.2 By Application
5.2.1 Professional
5.2.2 DIY
5.3 By Technology
5.3.1 Water-borne
5.3.2 Solvent-borne
5.4 By Resin Type
5.4.1 Vinyl Acrylate
5.4.2 Pure Acrylics
5.4.3 Acetates
5.4.4 Styrene Acrylics
5.4.5 Alkyd
5.4.6 Others

6. Regional Market Analysis (Market Size, Share, and Forecast)
6.1 Brazil
6.2 Argentina
6.3 Colombia
6.4 Chile
6.5 Rest of South America

7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players

8. Company Profiles (Overview, Financials**, Products & Services, Recent Developments, and Analyst View)
8.1 Akzo Nobel N.V
8.2 Jotun
8.3 Lanco Paints
8.4 PPG Industries, Inc.
8.5 The Sherwin William Company
*List Not Exhaustive

9. Disclaimer
**Subject to availability on public domain
Note: Product cover images may vary from those shown
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  • Akzo Nobel N.V
  • Jotun
  • Lanco Paints
  • PPG Industries Inc.
  • The Sherwin William Company
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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