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1Architectural Paint Oxide Market Global
Industry Forecast Analysis over 2019 - 2025
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2- Architectural Paint Oxide Market Scenario
- The architectural paint oxide market will be
driven by increasing residential construction
activities all over the world. Increasing
population is fueling the worldwide demand of
residential buildings. Due to favorable economy
changes, increasing net worth of individuals and
rising spending propensity of people, residential
construction sector has a huge potential in
future. - Increasing need of infrastructure will be one of
the main factors contributing in the growth of
architectural paint oxide market. Infrastructure
buildings promote social and economic development
along with improving the quality of life. There
is a huge need of infrastructure investment in
order to support the ongoing and future
infrastructure construction related activities,
and many countries are taking the right steps to
fulfill these needs. - The architectural paint oxide market is
classified based on type, mode of application,
application and end-use. Based on type, the
market is categorized into water based and
solvent based. Based on mode of application, the
market is divided into interior and exterior
segments. Based on application, the market is
segmented into walls, roof, floors, ceilings and
others. The end-use segment comprises
residential, commercial and infrastructure
sectors.
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3Continue-
- As global population is cumulating along with
rising income levels, it will generate more
demand for the infrastructure and transport
facilities. Increasing investments will spur the
public infrastructure development all over the
world and in turn will fuel the architectural
paint oxide market size by 2025. However, the
market growth will be affected by hazardous
environmental impact caused by the product.
Research and development activities are being
carried out to reduce these adverse effects with
the help of renewable, bio-based or recycled
ingredients instead of organic solvents. - Architectural Paint Oxide Market size is expected
to grow steadily within the forecast timespan as
these paints are used to provide protective layer
on the surfaces of various architectural
structures or fixtures in both indoor and outdoor
applications
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4- Asia Pacific region will capture significant
market share in architectural paint oxide market
in future. Rising infrastructure and residential
construction activities in Asian region will
bolster the architectural paint oxides demand
between 2019 to 2025. - According to European Construction Industry
Federation (FIEC), total construction production
of European Union increased by 17.39 from 2014
to 2018.
- Some of the key players in the architectural
paint oxide market are Asian Paints Limited,
FENZI S.p.A, Ashland Global Holdings Inc., Nippon
Paint Holdings Co., Ltd., The Sherwin-Williams
Company, PPG Industries, Inc., and others.
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