Global Construction Coatings Market is valued USD XXX billion in 2016 is anticipated to grow USD XXX billion with the compounded annual growth of XX% over the forecast period 2018-2025.
New York 18 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Construction Coatings market industry is poised to raise USD XXX billion by 2025. The major factors speculated to augment the markets are rising needs for efficient coating products, and escalating no. of activities in civil construction. Construction coatings are paints materials such as powder and liquid used for coating in construction activities. These materials are employed in construction and buildings to protect or decorate different surfaces.
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Global Construction Coatings Market Size Study By Product (Solvent-Based Coatings, and Water-Based Coatings), By Application (Non-Residential, Residential, Industrial and Others), and By Regional (North America, Europe, Asia Pacific, Latin America, and Rest of the World) Forecasts, 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players include I. du Pont de Nemours and Company, Dow Corning, PPG Industries, Inc., Akzo Nobel N.V., Asian Paints Limited, BASF SE, The Valspar Corporation, The Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., Axalta Coating Systems, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- North America region accounted for the leading market share, more than XX % of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025
Bizwit Research & Consulting LLP has considered following segments for the study:
- Solvent-Based Coatings
- Water-Based Coatings
- North America
- Asia Pacific
- Latin America
- Rest of the World