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

Comments

Post a Comment

Popular posts from this blog

Security Robot Market is Estimated To Witness High Growth Owing To Increasing Demand for Enhanced Surveillance

Image
Security Robot Market The Security Robot Market is estimated to be valued at US$ 11.8 billion in 2022 and is expected to exhibit a CAGR of 12.87% over the forecast period of 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Security Robot Market encompasses advanced robotic technologies that are specifically designed and developed to enhance security and surveillance operations. These robots are equipped with features such as video surveillance, thermal imaging, facial recognition, and intrusion detection, among others. They are extensively used by security agencies and organizations across various sectors, including residential, commercial, industrial, and government, to enhance safety, reduce human intervention, and streamline security operations. Security robots offer real-time monitoring, remote control, and high accuracy, making them an ideal choice for surveillance in sensitive areas and remote locations. Market Dynamics:
Read more

The Ever-Evolving Landscape of the Scottish Whisky Market during the Forecast Period 2019-2027

Image
  Scottish Whisky Market The Scottish Whisky Market is a captivating landscape that has been evolving and transforming over the years. It is a world of tradition, craftsmanship, and heritage, where every drop of whisky tells a story. The history of Scottish whisky traces back centuries, with the earliest records dating back to the 15th century. Whisky production initially started in monasteries, where monks distilled spirits for medicinal purposes. Over time, whisky production moved from monastic settings to farms and then to commercial distilleries. This transition marked the beginning of an industry that would become synonymous with Scotland. Scottish Whisky Market Was Valued At US$ 4.97 Bn In 2018, And It Is Expected To Reach US$ 7.89 Bn By The End Of 2027, Exhibiting A CAGR Of 5.3% During The Forecast Period (2019 To 2027). One of the defining characteristics of the Scottish Whisky Market is its adherence to traditional production methods. Scotch whisky is made from malted b
Read more

Monochloroacetic Acid (MCAA) Market Is Estimated To Witness High Growth Owing To Increasing Demand for Surfactants and Herbicides

Image
Monochloroacetic Acid (MCAA) Market The Monochloroacetic Acid (MCAA) Market is estimated to be valued at USD 676.52 Million in 2022 and is expected to exhibit a CAGR of 7.03% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Monochloroacetic Acid (MCAA) Market is driven by the increasing demand for surfactants and herbicides in several industries such as agriculture, pharmaceuticals, textiles, and personal care. MCAA is extensively used in the production of surfactants, herbicides, and carboxymethyl cellulose (CMC), which are essential in various applications. These applications include detergents, agrochemicals, pharmaceuticals, dyes, and cosmetics, among others. The versatile properties of MCAA, such as its ability to act as a raw material in the production of herbicides and surfactants, make it highly desirable in the market. Market Dynamics: The Monochloroacetic Acid (MCAA) Market is driven by two k
Read more