Catherine Diamond, Associate Editor01.06.17
Improvements in the housing market are good for nearly everyone. New home constructions are up, as are renovation projects.
As a result, the demand for interior architectural coatings has increased and is expected to rise nearly 4 percent through the end of 2019 in the U.S. alone. According to a report by The Freedonia Group – Paints & Coatings to 2019 – this $31.5 billion industry will grow to reach 1.4 billion gallons. This is very good news for interior coatings manufacturers.
“Gains will be driven by a strong rebound in construction activity, which will stimulate demand in the architectural market,” researchers found. “Environmentally friendly, low VOC paint and coating products will continue to see particularly strong growth as manufacturers develop new products to meet stricter government regulations and changing consumer tastes. Additionally, new technological advances, such as nanostructured coatings, will drive future growth as they open new applications by providing antimicrobial, self-cleaning, sound-dampening, anticorrosive, and light-emitting functions.”
According to the report, ar
As a result, the demand for interior architectural coatings has increased and is expected to rise nearly 4 percent through the end of 2019 in the U.S. alone. According to a report by The Freedonia Group – Paints & Coatings to 2019 – this $31.5 billion industry will grow to reach 1.4 billion gallons. This is very good news for interior coatings manufacturers.
“Gains will be driven by a strong rebound in construction activity, which will stimulate demand in the architectural market,” researchers found. “Environmentally friendly, low VOC paint and coating products will continue to see particularly strong growth as manufacturers develop new products to meet stricter government regulations and changing consumer tastes. Additionally, new technological advances, such as nanostructured coatings, will drive future growth as they open new applications by providing antimicrobial, self-cleaning, sound-dampening, anticorrosive, and light-emitting functions.”
According to the report, ar
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