The Interior Architectural Coatings Market has Reached a Value of US$ 57.8 Billion in 2018: The Increase in Construction of Residential and Commercial Buildings have Impacted this Growth - ResearchAndMarkets.com
The "Interior Architectural Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global interior architectural coatings market reached a value of US$ 39.8 billion in 2018. 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$ 57.8 Billion by 2024, exhibiting a CAGR of 6.4% during 2019-2024.
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:
1 Preface
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Interior Architectural Coatings Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Resin Type
5.4 Market Breakup by Technology
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by Type of Consumer
5.7 Market Breakup by End-Use Sector
5.8 Market Breakup by Region
5.9 Market Forecast
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.12 Porters Five Forces Analysis
5.12.1 Overview
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Competition
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
5.13 Price Analysis
5.13.1 Key Price Indicators
5.13.2 Price Structure
5.13.3 Margin Analysis
6 Market Breakup by Resin Type
6.1 Acrylic
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Polyester
6.3 Alkyd
6.4 Epoxy
6.5 Polyurethane
6.6 Others
7 Market Breakup by Technology
7.1 Water-Borne Coatings
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Solvent-Borne Coatings
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Company-Owned Stores
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Independent Distributors
8.3 Large Retailers and Wholesalers
9 Market Breakup by Type of Consumer
9.1 Professional Consumers
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 DIY Consumers
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by End-Use Sector
10.1 Residential
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Non-Residential
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Region
11.1 Asia Pacific
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Europe
11.3 North America
11.4 Middle East and Africa
11.5 Latin America
12 Interior Architectural Coatings Manufacturing Process
12.1 Product Overview
12.2 Raw Material Requirements
12.3 Manufacturing Process
12.4 Key Success and Risk Factors
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 AKOZO Nobel
13.3.2 Axalta Coatings
13.3.3 Asian Paints
13.3.4 BASF SE
13.3.5 Nippon Paints
13.3.6 Kansai Paint Co.
13.3.7 PPG Industries
13.3.8 RPM International Inc.
13.3.9 The Sherwin-Williams Company
13.3.10 The Valspar Corporation
For more information about this report visit https://www.researchandmarkets.com/r/vsw7cm
View source version on businesswire.com: https://www.businesswire.com/news/home/20190704005179/en/