Increase in the demand for architectural coatings resins for a wide range of residential and non- residential applications, growth and expansion of various end user verticals and surge in industrialization in the developing countries are the major factors attributable to the growth of the architectural coatings resins market. Data Bridge Market Research analyses that the architectural coatings resins market will witness a CAGR of 6.00% for the forecast period of 2021-2028. However, high prices of raw materials will pose a major challenge to the growth of the architectural coatings resins market. Also, fluctuations or volatility in the prices of raw materials such will dampen the architectural coatings resins market growth rate. Strict rules and regulations imposed by the government over application of architectural coatings resins will further derail the market growth rate.

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Market Analysis and Insights 

 

Rising urbanization and infrastructural development especially in the developing economies are other factors responsible for propelling growth in the architectural coatings resins market value. Rising industrialization coupled with increasing adoption of water borne coating formulations will also directly and positively impact the growth rate of the architectural coatings resins market. Increasing awareness among population about VOC emissions coupled with increase in disposable income are some other important but indirect architectural coatings resins market growth determinants. Introduction of green coating solution and increasing application area of Nano coatings will also carve the way for a smooth market growth rate.


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Architectural Coatings Resins Market Scope

The architectural coatings resins market is segmented on the basis of resin type, technology, coatings type, user type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

 

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Competitive Landscape and Architectural Coatings Resins Market Share Analysis

 

The architectural coatings resins market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to architectural coatings resins market.

 

 The major players covered in the silicon nitride market report are

·       BASF SE,

·       Solvay,

·       Evonik Industries AG,

·       Arkema, Akzo Nobel N.V.,

·       The Sherwin-Williams Company,

·       PPG Industries, Inc.,

·       Nippon Paint Holdings Co., Ltd.,

·       Eastman Chemical Company, Dow.,

·       Berger Paints India Limited,

·       CARPOLY,

·       ALLNEX GMBH,

·       Jotun,

·       DAIKIN INDUSTRIES, Ltd.,,

·       Stepan Company,

·       Masco Corporation,

 

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