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Global Acrylic Surface Coating Market 2019-2023 - Product Image

Global Acrylic Surface Coating Market 2019-2023

  • ID: 4760878
  • Report
  • March 2019
  • Region: Global
  • 120 pages
  • TechNavio
1h Free Analyst Time

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FEATURED COMPANIES

  • BASF SE
  • PPG Industries, Inc.
  • MORE
The burgeoning global real estate and construction industry has spawned an increase in office spaces, commercial complexes, and residential buildings. This has led to a surge in demand for acrylic surface coatings, which are architectural coatings widely preferred and used in construction and structural applications. Rapid urbanization and significant investments in infrastructure development are helping the construction industry's growth in developing countries. Acrylic surface coatings are extensively used in interior as well as exterior finishing applications. The surging global population is fueling demand for housing and other infrastructure.

The highly reflective and seamless characteristic of acrylic coating enhances its preference in construction applications. The high durability and reflectivity of acrylic surface coatings make them cost-effective and high-value investments. The strong reflectivity of acrylic coatings helps in lowering temperatures inside buildings and in reducing energy consumption of air-conditioners. The rapid growth and infrastructure development, and this is giving a fillip to the global acrylic surface coating market. The analysts have predicted that the acrylic surface coating market will register a CAGR of over 6% by 2023.

Market Overview

Automotive industry driving demand for acrylic surface coating

Acrylic surface coatings have several applications in automotive manufacturing. The easy applicability of acrylic paint makes it highly preferred in the automotive industry. Therefore, as acrylic surface coatings are widely used in the automotive industry, the growth of the automotive industry during the forecast period implies a healthy expansion of the global acrylic surface coating market.

Volatility in raw material prices

The prices of raw materials used to manufacture acrylic surface coating are highly unpredictable. This is mainly due to their high dependence on crude oil prices and natural forest products. Price volatility of petroleum-based raw materials and the increasing demand for acrylic surface coating products in emerging economies are challenging the growth of the global acrylic surface coating market.

For the detailed list of factors that will drive and challenge the growth of the acrylic surface coating market during the 2019-2023, view this report.

Competitive Landscape

The market appears to be fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BASF SE
  • PPG Industries, Inc.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
  • Market segmentation by technology
  • Comparison by technology
  • Waterborne coatings - Market size and forecast 2018-2023
  • Solvent-borne coatings - Market size and forecast 2018-2023
  • Powder coatings - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by technology
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Increasing focus on bio-based and eco-friendly products
  • Implementation of solar reflective coatings
  • Growing adoption of UV-curable coatings
PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Axalta Coating Systems, LLC
  • BASF SE
  • Nippon Paint Holdings Co., Ltd.
  • PPG Industries, Inc.
  • The Sherwin-Williams Company
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global paints and coatings market
Exhibit 02: Segments of global paints and coatings market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Technology - Market share 2018-2023 (%)
Exhibit 18: Comparison by technology
Exhibit 19: Waterborne coatings - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Waterborne coatings - Year-over-year growth 2019-2023 (%)
Exhibit 21: Solvent-borne coatings - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Solvent-borne coatings - Year-over-year growth 2019-2023 (%)
Exhibit 23: Powder coatings - Market size and forecast 2018-2023 ($ millions)
Exhibit 24: Powder coatings - Year-over-year growth 2019-2023 (%)
Exhibit 25: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 26: Others - Year-over-year growth 2019-2023 (%)
Exhibit 27: Market opportunity by technology
Exhibit 28: Customer landscape
Exhibit 29: Market share by geography 2018-2023 (%)
Exhibit 30: Geographic comparison
Exhibit 31: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 33: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: North America - Year-over-year growth 2019-2023 (%)
Exhibit 35: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 37: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 38: South America - Year-over-year growth 2019-2023 (%)
Exhibit 39: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 40: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 41: Key leading countries
Exhibit 42: Market opportunity
Exhibit 43: Global urban population 2010-2017 (%)
Exhibit 44: Crude oil prices 2010-2018 ($ per barrel)
Exhibit 45: Impact of drivers and challenges
Exhibit 46: Vendor landscape
Exhibit 47: Landscape disruption
Exhibit 48: Vendors covered
Exhibit 49: Vendor classification
Exhibit 50: Market positioning of vendors
Exhibit 51: Axalta Coating Systems, LLC - Vendor overview
Exhibit 52: Axalta Coating Systems, LLC - Business segments
Exhibit 53: Axalta Coating Systems, LLC - Organizational developments
Exhibit 54: Axalta Coating Systems, LLC - Geographic focus
Exhibit 55: Axalta Coating Systems, LLC - Segment focus
Exhibit 56: Axalta Coating Systems, LLC - Key offerings
Exhibit 57: BASF SE - Vendor overview
Exhibit 58: BASF SE - Product segments
Exhibit 59: BASF SE - Organizational developments
Exhibit 60: BASF SE - Geographic focus
Exhibit 61: BASF SE - Segment focus
Exhibit 62: BASF SE - Key offerings
Exhibit 63: Nippon Paint Holdings Co., Ltd. - Vendor overview
Exhibit 64: Nippon Paint Holdings Co., Ltd. - Business segments
Exhibit 65: Nippon Paint Holdings Co., Ltd. - Organizational developments
Exhibit 66: Nippon Paint Holdings Co., Ltd. - Geographic focus
Exhibit 67: Nippon Paint Holdings Co., Ltd. - Segment focus
Exhibit 68: Nippon Paint Holdings Co., Ltd. - Key offerings
Exhibit 69: PPG Industries, Inc. - Vendor overview
Exhibit 70: PPG Industries, Inc. - Business segments
Exhibit 71: PPG Industries, Inc. - Organizational developments
Exhibit 72: PPG Industries, Inc. - Geographic focus
Exhibit 73: PPG Industries, Inc. - Segment focus
Exhibit 74: PPG Industries, Inc. - Key offerings
Exhibit 75: The Sherwin-Williams Company - Vendor overview
Exhibit 76: The Sherwin-Williams Company - Business segments
Exhibit 77: The Sherwin-Williams Company - Organizational developments
Exhibit 78: The Sherwin-Williams Company - Segment focus
Exhibit 79: The Sherwin-Williams Company - Key offerings
Exhibit 80: Validation techniques employed for market sizing
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BASF SE
  • PPG Industries, Inc.
  • MORE
Global Acrylic Surface Coating Market 2019-2023

The analyst recognizes the following companies as the key players in the global acrylic surface coating market: Axalta Coating Systems, LLC, BASF SE, Nippon Paint Holdings Co., Ltd., PPG Industries, Inc., The Sherwin-Williams Company.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing adoption of UV-curable coatings.”

According to the report, one of the major drivers for this market is the growth in real estate and construction industry.

Further, the report states that one of the major factors hindering the growth of this market is the easy availability and growing demand for substitutes will likely hinder the growth of the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Axalta Coating Systems, LLC
  • BASF SE
  • Nippon Paint Holdings Co., Ltd.
  • PPG Industries, Inc.
  • The Sherwin-Williams Company
Note: Product cover images may vary from those shown
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