The global architectural coatings market was valued around US $ 64.4 Bn in 2021 and poised to grow at significant CAGR of 5.2% over 2022-2028. Due to the increase in the in residential, commercial and government constructions and infrastructure and the technological advancement boosts the growth of the market. Additionally, wide range interior application such as wall painting, furniture and others boost the growth of market. However, High cost of complex raw materials and difficulty in finding suitable architectural coatings are the major factors that hinder the growth of the market.This market is surging owing to frequent acquisitions and launchings by the market players. In June 2017, Sherwin-Williams Co. completed the acquisition of the Valspar Corp., a Minneapolis-based global paints & coatings company, for about USD 11.3 billion.
This report gives comprehensive outlook on architectural coatings across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report gives historical, current, and future market sizes (US$ Mn) on the basis of by resin, by technology, by user type, application and region. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global architectural coatings market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global architectural coatings market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global architectural coatings market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global architectural coatings products.