Home / News / Global Acrylic Surface Coating Market is expected to grow at a CAGR of 5.1% during the forecast period 2016-2022 – Brisk Insights

Global Acrylic Surface Coating Market is expected to grow at a CAGR of 5.1% during the forecast period 2016-2022 – Brisk Insights

According to a recently published report, the global Acrylic Surface Coating Market is expected to grow at a CAGR of 5.1% during the forecast period 2016-2022. The global acrylic surface coating market is segmented on the basis of technology, substrate, applications and geography. The report on global acrylic surface coating market forecast, 2016-2022 (by technology, substrate, applications, geography) provides detailed overview and predictive analysis of the market.
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The global acrylic surface coatings market is anticipated to grow at a significant rate owing to its rising application areas including households, automotive, industrial and construction. It is due to its inertness and exceptional color retention ability when exposed to outdoor condition, that it is increasingly being used across verticals. Construction industry is one of the key end-user industries for acrylic coatings. Infrastructure development and urbanization have led to the high growth rate in the construction sector which in turn increases the demand for concrete-based acrylic coatings. Increase in disposable income in emerging countries has boosted the demand for wood furniture. This has resulted in increasing demand for wood substrate acrylic coatings. Growing demand for metal substrate acrylic coatings in applications such as machinery & equipment, automobiles, freight containers and aluminum & steel coils is anticipated to fuel the market growth in the upcoming scenario.The application of waterborne coatings is increasing due to its qualitative characteristics such as abrasiveness, good heat resistance capability and eco-friendly nature. This in turn is anticipated to fuel demand for acrylic surface coatings in the coming years. The excellent external durability of acrylic coatings has fuelled consumption of acrylic coating in applications such as automotive and architectural refinishes. High raw material cost and demand for other alternatives are anticipated to hamper the growth of the global acrylic surface coatings market. Moreover, rising demand from emerging economies is anticipated to create significant opportunities for the growth of this market.

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Scope of the Report

  1. Global Acrylic Surface Coating Market By Application 2012– 2022 ($ Million)
    1.1. Construction
    1.2. Automotive
    1.3. General Industrial
    1.4. Furniture
    1.5. Others
  2. Global Acrylic Surface Coating Market By Substrate 2012 & 2022 ($ Million)
    2.1. Concrete
    2.2. Plastic
    2.3. Metals
    2.4. Wood
  3. Global Acrylic Surface Coating Market By Technology 2012 & 2022 ($ Million)
    3.1. Waterborne
    3.2. Solvent borne
  4. Global Acrylic Surface Coating Market Regional Outlook 2012-2022 ($ Million)
    4.1. North America
    4.2. Europe
    4.3. Asia Pacific
    4.4. Middle East & Africa
    4.5. Central & South America
  5. Competitive Landscape
    5.1. AkzoNobel
    5.2. Asian Paints
    5.3. Axalta Coating Systems
    5.4. BASF SE
    5.5. Benjamin Moore
    5.6. Brillux
    5.7. Dow Chemical Company
    5.8. Dunn Edwards
    5.9. Kansai Paint
    5.10. Nippon Paint
    5.11. NIPSEA Group
    5.12. PPG Industries, Inc.
    5.13. Sherwin-Williams Company
    5.14. Valspar Corporation
    5.15. Sacal International

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