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Construction Repaint Market by Resin Type, Formulation, Application, Region - Global Forecast to 2026

Construction Repaint Market: Global Forecast until 2026

  • January 2017
  • 212 pages
  • ID: 4616925
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"Construction repaint market to grow at a Compound annual growth rate of 6.50 percent for the forecast period, 2016-2026"

The construction repaint market value is projected to extend ~$93.7B by 2026, at a compound annual growth rate (CAGR) of 6.50 percent from 2016 to 2026. Construction repaint is recognized as the paint used in homes, multi-family residential, commercial, and institutional applications including, varnishes, emulsions, and enamels, among others, for the purpose of maintenance, repairs, and renovation work. These applications drive the construction repaint market globally. The use of durable products, and the growing popularity of glass buildings act as business restraints for the industry.

"Acrylic paint is intended to be the quickest-increasing resin type in the construction repaint market"

Acrylic paint is planned to be the quickest-rising resin type in the construction repaint market. Acrylic resins are inexpensive, water soluble and hence used as waterborne paints. Additionally, acrylic paints also have user friendly properties including being easy to clean and their durability. Acrylic paints are used in several forms including, emulsions, lacquers, enamels, and powders. The market demand for acrylic resins is forecasted to grow due to the strict environment regulations by different governments.

"Asia Pacific (APAC) is the biggest and the quickest increasing market for construction repaint"

The Asia-Pac area is intended to be the largest industry, as well as the quickest-rising market for construction repaint. The area is forecast to register the maximum growth rate due to the high demand from territories including, Japan (JP), China (CN), and India (IN). China (CN) is forecasted to be the biggest market for construction repaint in the Asia-Pac region, succeeded by India (IN) and Japan (JP). India (IN) is forecasted to be the quickest developing market in the Asia Pacific (APAC) area. Rise of the residential and non-residential construction market has led to an growth in the industry demand for construction repaint in the territory.

Extensive primary audit sessions were conducted to determine and verify the market value for various segments and sub-segments collected by secondary research.

The break-up of primary interviews is presented below.

- By Company Type: Tier 1 - 37.0 percent, Tier 2 - 50.0 percent, and Others - 13.0 percent

- By Description: C-suite - 50.0 percent, D-level - 31.0 percent, and Others - 19.0 percent

- By area: North america (NA) - 31.0 percent, Europe - 38.0 percent, Asia-Pacific - 25.0 percent, and rest of the world - 6.0 percent

The firms decribed in this research report are AkzoNobel (AKZA), PPG sectors, Incorporated, Sherwin-Williams (NYSE:SHW), RPM International Inc., Asian Paints Ltd., Nippon Paint Holdings Co., Limited, The Valspar Corporation, Axalta Coating Systems Ltd (NYSE:AXTA), Kansai Paint Co., Limited, and Jotun A/S.

Segment Research

This market research classifies the overall construction repaint market based on resin type, formulation, application, and area. The study includes exhaustive information concerning the main factors influencing increase of the construction repaint market, including, drivers, industry restraints, opportunities, and possibilities. An in-depth study of the main industry actors offers industry insights into business overviews, products & services, top strategies, market investments & business growths, mergers & acquisitions, and recent evolutions combined with the sector.

Why Purchasing This Study Can Help You:

The analysis will facilitate industry top players/new sector entrants in this sector in these ways:

1. This document breaks down the overall construction repaint market comprehensively and offers the closest approximations of market sizes for the global market and sub-segments across verticals and localities.

2. The market research will facilitate partners distinguish the pulse of the sector and offer them information on the main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners comprehend the top players and obtain business insights to improve their positions in the business sector. The competitive outlook section includes business developments, new industry product developments, and mergers & acquisitions.

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