The global acrylic surface coatings market will witness strong growth in forecast period. Surface coating is the way to go when the sheer size and scope of application beats all expectations and is particularly useful in refurbishing households and mega events hosting business forums, exhibitions and sporting events.
Acrylic paints are surface coatings that have extraordinary advantages over other variants on account of low drying time, wide pigment compatibility, and ease of application and environmental benefits particularly in case of waterborne paints. Intensified R&D efforts by expanding product line to help sustain growth of markets in future are a sure-shot winner to growth fundamentals in acrylic surface coatings market. These factors are expected to gain market lead in acrylic surface coatings and prove as big growth factors to the industry.
Acrylic surface coatings are more preferred by wide choice of compositions, resistance to UV rays, toughness, weather resistance, corrosion resistance and good adhesion to non-porous surfaces. Restraints to market growth include under purview of environmental regulations, it is necessary to prune the product-range and high additives effectively lower carbon smudges and waterborne technologies is the one to do that and reduces level of Volatile Organic Compound (VOC) in comparison to traditional technologies.
Another viewpoint is that thickness of surface coat needs to be a functional parameter that needs to be exercised control over and depends on paper, film, brush, roll or sheet. Segmentation of acrylic surface coatings industry by substrate includes concrete, plastic, metals, wood and others. Segmentation of acrylic surface coatings market by end-use includes construction, general industrial, automotive, household furniture and others. Segmentation of acrylic surface coatings industry by geographical region includes North America, Europe, Asia Pacific, MEA and Latin America. Substrates are either partially or completely coated and use of surface coatings is to transform surface properties of any substrate such as stickiness or corrosion resistance.
Waterborne coatings attribute for largest market share because of various advantages over other variants. Solvent and powder variants tag the waterborne coatings in numbers. A rising restraint to acrylic surface coatings industry is that they need to get in line with environmental regulations and produce more and secure and healthy products. Waterborne acrylic technology reduces level of volatile organic compound VOC in comparison to traditional solvent technologies. The key vendors in acrylic surface coatings market include Axaltam BASF, DOW Chemicals, Nippon, PPG, Sherwin-Williams, Asian Paints, Benjamin Moore, Brillux, Dunn Edwards, Jotun, RPM and Sakal limited.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Acrylic Surface Coatings in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global Acrylic Surface Coatings market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• DOW Chemicals
• Asian Paints
• Benjamin Moore
• Dunn Edwards
• Kansai Paint
• Sacal International
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Waterborne Coatings
• Solventborne Coatings
• Powder Coatings
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Household Furniture
Research Support Specialist, USA