Anthony Locicero, Associate Editor11.05.18
Analysis from research groups forecasts continual growth in the architectural coatings over the next few years.
MarketsandMarkets in a November 2018 report – “Architectural Coatings Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, & Others), by Technology (Waterborne, Solvent Borne [sic]), by Application (Residential & Non-Residential) – Global Forecasts to 2020” – estimates the market hitting approximately $85.2 billion by value by 2020.
An increase in the demand in waterborne architectural coatings will be the “key influencing factor,” according to the report.
As defined by the American Coatings Association, architectural coatings are used for decoration and general maintenance of residential, commercial, institutional and industrial buildings.
This includes both interior and exterior paints – either water-based or solvent-based – used mostly by professional painters and Do-It-Yourselfers.
Market growth
“We saw a small, two to three percent growth in most of our segment
MarketsandMarkets in a November 2018 report – “Architectural Coatings Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, & Others), by Technology (Waterborne, Solvent Borne [sic]), by Application (Residential & Non-Residential) – Global Forecasts to 2020” – estimates the market hitting approximately $85.2 billion by value by 2020.
An increase in the demand in waterborne architectural coatings will be the “key influencing factor,” according to the report.
As defined by the American Coatings Association, architectural coatings are used for decoration and general maintenance of residential, commercial, institutional and industrial buildings.
This includes both interior and exterior paints – either water-based or solvent-based – used mostly by professional painters and Do-It-Yourselfers.
Market growth
“We saw a small, two to three percent growth in most of our segment
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