Acrylic Surface Coating Market (By Substrate: Plastic, Concrete, Metal, and Other Substrates; By Technology: Waterborne, Solventborne, Powder, and Other Technologies; By Application: Construction, Automotive, General Industry, Furniture, and Other Applications; By Geography: North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 â€“ 2024
Acrylic Surface Coating Market Overview:
Global Acrylic Surface Coating Market is estimated to reach $41.3 billion by 2024; growing at a CAGR of 6.3% from 2016 to 2024.Acrylic surface coatings are quick drying paints, containing methacrylic or acrylic polymers having strong color retention property. Acrylic surface coatings offer many advantages such as low drying time, extensive pigment compatibility, easy application, and environmental friendliness. These are applied to various substrates like plastic, concrete, metals, and other substrates. With widespread applications in many end use areas such as construction, automotive, general industry, furniture, and other applications, it is projected to witness the growth of the global acrylic surface coating market over the forecasted period.
Increasing demand from the end use industries, green environment rules and regulations, rapid urbanization, and infrastructural developments in emerging economies are the factors driving the growth of global acrylic surface coating market. Though, growing prices of raw materials may hinder the growth of the market. Moreover, current product innovation and technological developments to reduce environmental consequence and offer safe & healthy products might provide with several growth opportunities in the forecasted years.
The global acrylic surface coating market is segmented on the basis of substrate, technology, application, and geography. The market is segmented by substrate into plastic, concrete, metal, and other substrates. Further, by technology, market is categorized into Waterborne, Solventborne, Powder, and other technologies. The market is categorized by application into construction, automotive, general industry, furniture, and other applications.
Based on geography, global acrylic surface coating market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Spain, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The key market players include BASF SE, The Dow Chemical Company, Axalta Coating Systems, NIPSEA Group, PPG Industries, Inc., The Valspar Corporation, The Sherwin-Williams Company, Asian Paints Limited, SACAL International Group Ltd., and Nippon Paint Holdings Co., Ltd., among others.
The key takeaways from the report
- The report will provide detailed analysis of Acrylic Surface Coating Market with respect to major segments such as substrate, technology, and application
- The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Acrylic Surface Coating Market has been included in the report
- Profile of the key players in the Acrylic Surface Coating Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Acrylic Surface Coating Market
- Other Substrates
- Other Technologies
- General Industry
- Other Applications
- Rest of Europe
- Rest of Asia-Pacific
- South America
- Middle East