Global Construction Paints And Coatings Market Achieves Tremendous Growth In Revenue Around US$ 1,19,451.1 Million By 2027
Construction Paints And Coatings Market |
While many of the popular construction paints are oil-based, there are
also water-based variants. Water-based paints are available in most places and
are preferred due to their easy application and maintenance. However, oil-based
paints require longer drying times and are difficult to remove. For this
reason, they are best for outdoor projects, such as fences, and are more
expensive than water-based paints. However, they may be a good choice for
indoor projects if the conditions are perfect for the application of the paint.
Increasing spending on infrastructure has led to an increase in the
number of construction projects around the world. Increasing construction
activities globally has increased the demand for construction paints. Moreover,
there is a growing Construction
Paints and Coatings Market for green paints and
water-borne solvents. These products are also beneficial for the environment, however,
the drawbacks can be significant. The negatives of zero VOC coatings include
blistering and blushing, and the lack of long-term durability.
Premium-quality construction paints have excellent protective
capabilities, and give a glossy finish to surfaces. Premium-quality paints are
also available in many colors and textures. Moreover, premium-quality paints
are suitable for use on certain areas of a building. This is a must-have for
anyone in the construction industry. Just as with any other type of paint,
premium-quality construction paints will increase the overall value of a
project.
The growing popularity of green buildings and coatings is driving growth
in the Global Construction Paints and Coatings Market. This is
due to rising environmental concerns and advances in coatings technology. Moreover,
increasing environmental regulations are driving demand for green, non-toxic
paints that provide high performance. This trend will further fuel growth in
the market for construction paints and coatings. While there are several
challenges, green construction is expected to bring new opportunities to the
industry. These factors are expected to drive the global construction paints
and coatings market over the next few years.
Increased demand for construction paints is also expected to spur new
market growth. Increased civil construction and the rising demand for more
environmentally-friendly building materials are driving the adoption of green
coatings. Consumer preferences are also fueling demand for
environmentally-friendly and high-performance paints, so the global Construction
Paints and Coatings Market is expected to grow significantly over the next
few years. Further, new technologies such as nanocoatings are expected to
create a new trend.
The demand for waterborne construction paints is primarily driven by the
increasing concern regarding the environmental benefits of using these
products. The low VOC content of waterborne paints is an advantage compared to
traditional paints. Hence, the Construction Paints and Coatings Market for
waterborne construction paints is expected to grow at a faster rate in the
coming years. This trend will continue to fuel the global construction paints
and coatings market for years to come. The demand for waterborne paints is
growing across the globe as new technology improves the quality and durability
of these products.
Another type of construction paint is known as silicate paint. It is a
mixture of calcined silica and resinous substances that dries to a hard
surface. It is resistant to chemicals and extreme temperatures and adheres
firmly to concrete or brickwork. It is not affected by alkalies and metals and
dries quickly. It is primarily used on wooden surfaces, concrete structures,
and underwater ironworks.
Major
Companies involved are-
· PPG Industries Inc.
· Sherwin-Williams Company
· RPM International Inc.
· The Valspar Corporation
· Helios Group
· Dow Corning
· Asian Paints
· Deutsche Amphibolin- Werke Von Robert Murjahn Stiftung & Company
· Axalta Coating Systems
· Berger Paints India Limited
· Tikkurila Oyj
Read the
Complete Press Release of Global
Construction Paints And Coatings Market
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