Plastic Additives Research Report- Forecast to 2023
Acrylic Surface Market 2018 Growth Factors & Rising
Trends Forecast 2022
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Plastic Additives Research Report- Forecast to 2023
1 Summary The acrylic coating in commonly applied on the surface of a substrate to serve decorative, functional, protectoral, or operational purposes. The final product substrate is obtained with some significant physical properties after application so acrylic surface coatings, such as excellent finish, gloss, and better clarity. In addition to this, the end product also offers greater weather ability and superior hardness, also greater impact resistance, enhanced adhesion and chemical resistance. The acrylic surface coating adds value to the product, an object or a substrate and increases the life span and durability of the same. During the recent years, the acrylic surface coating has been successfully penetrated into a vast number of industries including, building & construction, automotive, marine, and aerospace & defense, and other industrial coatings. As per the overall estimation of the global protective coating market, it is significantly growing at a healthy CAGR to reach over USD 23 billion by the end of 2023. This is expected to fuel the demand for the acrylic surface coating in the coming years as the trend is likely to remain the same over the forecast period. Competitive Analysis of Global Acrylic Surface Coating Market :
Some of the leading players in the global acrylic surface coating market are, Arkema SA (France), PPG Industries (U.S.), Dunn-Edwards Corporation (U.S.), SIKA AG (Switzerland), The Valspar Corporation (U.S.), Wacker Chemie AG (Germany), Axalta Coating Systems (U.S.), HEMPEL A/S (Denmark), B.M. REAL INTERNATIONAL (Romania), and RPM International Inc. (U.S.), among others. Regional Analysis The global acrylic surface coating market is geographically spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia Pacific is leading the market, among others, owing to the increasing demand for building & construction, automotive, and wind energy sector in this region. India, South Korea, China, and Japan are the major markets in this region due to the growing demand from emerging end use industries such as marine, automotive, and building & construction. North America is the second most considerable region in the global acrylic surface coating market. The U.S. is the major contributor to this region due to the presence of leading end use industries such as defense, marine, aerospace & defense. Europe is another substantial region in the market. The major markets in this region are Germany, the U.K, France, and Italy, where there is a growing demand for acrylic surface coatings by the automobile industry. Latin America is witnessing a rise in industrialization along with the pacifying political and economic scenario in Brazil and Colombia. During the forecast period, the region anticipated holding a significant share of the global acrylic surface coating market. The Middle East & Africa is holding relatively lesser shares in the global acrylic surface coating market. It is anticipated to witness growth in coming years on account of hitherto untapped growth opportunities in the construction sector.
Market Segmentation The global acrylic surface coating market has been segmented on the basis of the substrate, technology, end use industry, and region.
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Plastic Additives Research Report- Forecast to 2023 On the basis of the substrate, the market is divided into concrete, metal, plastics, wood, and others. Among these segments, the concrete is holding the largest share of the market on account of rapid urbanization, swiftly growing construction sector, increasing government investment in the infrastructure development projects. Moreover, the product confers excellent resistive properties to concrete on the application. Based on technology the market is categorized into waterborne, solvent borne, powder, and radiation curable. The waterborne segment is growing at a robust growth rate during the review period. This growth trend is primarily attributed to the increasing demand for the product from applications such as automotive, marine, and industrial machinery, tools and equipment. Apart from this, the major factor favoring the growth of this segment is growing environmental concerns regarding solvent and powder bore technology. Based on the end use industry, the global acrylic surface coating market is classified as building & construction, automotive, aerospace & defense, marine, furniture making, and others. Building & construction segment is the largest consumer of acrylic surface coatings, which is majorly attributed to the steady and continuous rise in the construction activities in commercial, household, and physical infrastructural sectors. The product is predominantly used to coat a concrete and furniture substrate in the construction industry to improve adhesion and abrasion resistance.
Intended Audience
Acrylic surface coating Manufacturers
Traders and distributors of acrylic surface coating
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory
TABLE OF CONTENTS 1 Executive Summary 2 Scope Of The Report 2.1 Market Definition 2.2 Scope Of The Study 2.2.1 Research Objectives 2.2.2 Assumptions & Limitations 2.3 Markets Structure 3 Market Research Printing Methodology 3.1 Research Technology 3.2 Secondary Research
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Plastic Additives Research Report- Forecast to 2023 3.3 Primary Research 3.4 Forecast Model 4 Market Landscape 4.1 Porter’s Five Forces Analysis 4.1.1 Threat Of New Entrants 4.1.2 Bargaining Power Of Buyers 4.1.3 Threat Of Substitutes 4.1.4 Segment Rivalry 4.2 Value Chain/Supply Chain Of Global Acrylic Surface Coating Market 5 Industry Overview Of Global Acrylic Surface Coating Market 5.1 Introduction 5.2 Growth Drivers 5.3 Impact Analysis 5.4 Market Challenges 6 Market Trends 6.1 Introduction 6.2 Growth Trends 6.3 Impact Analysis
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Copyright © 2018 Market Research Future.
Plastic Additives Research Report- Forecast to 2023
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Copyright Š 2018 Market Research Future.