$50+ Billion Interior Architectural Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 20, 2018--The “Interior Architectural Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
The global interior architectural coatings market reached a value of US$ 37 billion in 2017.
Interior architecture involves taking care of the interior space of a building, technically as well as scientifically, while considering all construction aspects such as materials, finishes, electrical requirements, plumbing, lighting, ventilation and smart use of the available space.
Generally, interior architectural coatings include organic finishes which are used for the purpose of protecting and beautifying the interior space of various kinds of buildings. They not only make the interior attractive but are also harmless for the surroundings in different temperatures. The list of interior architectural coatings includes a wide variety of items like wall paints, varnishes, primers, sealers, ceramics and others. These are mainly used for transforming an interior space so as to make it safe, decorative and long lasting.
Looking forward, the market value is projected to reach US$ 52 Billion by 2023, exhibiting a CAGR of around 6% during 2018-2023.
Market Drivers:Over the past few years, there has been a significant increase in construction of residential and commercial buildings which has caused a steady rise in the global market for interior architectural coatings. Another key factor driving the demand of interior architectural coatings is a rise in the financial and social status of consumers. In addition, consumers have become aware about choosing premium quality products being used for appropriate protection and beautification of their houses. Many emerging economies like China, Korea, Japan and India are going through a phase which is brimming with many infrastructural activities that have significantly contributed to the growth of the interior architectural coatings market. These coatings provide an eco-friendly protection and help in preventing corrosion, and rusting of decorative pieces like sculptures, wood flooring and furniture.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Interior Architectural Coatings Market
6 Market Breakup by Resin Type
7 Market Breakup by Technology
8 Market Breakup by Distribution Channel
9 Market Breakup by Type of Consumer
10 Market Breakup by End-User
11 Market Breakup by Region
12 Interior Architectural Coatings Manufacturing Process
13 Competitive LandscapeAKZO Nobel Axalta Coatings Asian Paints BASF SE Nippon Paints Kansai Paint Co. PPG Industries RPM International Inc. The Sherwin- Williams Company The Valspar Corporation.
For more information about this report visit https://www.researchandmarkets.com/research/ztk3pg/50_billion?w=4
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Related Topics:Paints and Coatings
INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING
SOURCE: Research and Markets
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PUB: 12/20/2018 03:38 AM/DISC: 12/20/2018 03:39 AM