Global Stain-Resistant Coatings Market 2019-2023 | Increasing Emphasis on Nanocoating to Boost Growth | Technavio
The stain-resistant coatings market size is poised to grow at a CAGR of over 5% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191216005360/en/
Technavio has announced its latest market research report titled global stain-resistant coatings market 2019-2023. (Graphic: Business Wire)
Waterborne stain-resistant coatings are extensively used in buildings, textiles, and medical and healthcare industries due to their several advantages. Waterborne stain-resistant coatings contain lower levels of VOCs and other hazardous chemicals. Unlike solvent-borne stain-resistant coatings, which can severely impact the environment, waterborne coatings release fewer organic compounds, are cost-effective, and do not require additives, thinners, or hardeners. Therefore, the demand for waterborne stain-resistant coatings is increasing, which will drive the growth of the market during the forecast period.
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30425
As per Technavio, the increasing emphasis on nanocoatings will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will affect market growth over 2019-2023.
Stain-Resistant Coatings Market: Increasing Emphasis on Nanocoatings
The emphasis on nanocoating technology is growing amid various technological innovations in the stain-resistant coatings and global protective coatings market. Nanocoating is used in a wide range of applications in sectors such as construction, automotive, marine, and healthcare. Nanocoating is an advanced version of anti-fogging coatings and works on substrates such as glass, fiber, ceramic, and textile, making it ideal for the construction sector. This coating technology is widely used in the textile industry to make the fabric material stain-resistant. Moreover, increasing spending on R&D to develop innovative technologies such as waterborne nanocoatings is further expected to make this technology mainstream in the stain-resistant coatings market.
“Other factors such as the emergence of green coating technologies will have a significant impact on the growth of the stain-resistant coatings market value during the forecast period,” says a senior analyst at Technavio.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Stain-Resistant Coatings Market: Segmentation Analysis
This market research report segments the stain-resistant coatings market by type (solvent-borne stain resistant coating and waterborne stain-resistant coating), and by region (the Americas, EMEA, and APAC).
The APAC region led the market in 2018, followed by EMEA and the Americas, respectively. The growth of the stain-resistant coatings market share in APAC can be attributed to several factors such as the rising demand from the textile and construction industries, and the easy accessibility of raw materials in APAC.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191216005360/en/
