Title: mayuri67 (13)
1 Construction Repaint Market 2030
Industry
Survey, Growth, Competitive Landscape
and Forecasts to
2030
2Construction Repaint Market 2030
Construction Repaint Market 2030 Industry
Survey, Growth, CompetitiveLandscape and
Forecasts to 2030
- Market Research Future (MRFR) anticipates the
construction repaint market to go beyond a
stunning USD 90 billion by 2030-end. MRFR also
confirms that the market size can likely expand
at an approximate rate of 6 from 2021 to 2030
(evaluation period). - Soaring demand for durable and protective paints
in upgradation of infrastructure and buildings
can be a huge growth booster in the coming years.
Surge in urbanization rate along with the
escalating disposable income of the consumers
also add to the market value. The rising focus on
improving home decor as well as enhancing the
aesthetic appeal of the commercial space in line
with innovations in architectural structures and
buildings have also been favorable. - High rates at which waterborne paints are sold
should present significant opportunities to the
market participants over the following years.
Other factors fostering the market size can be
frequent revisions in economic policies that aim
to boost the lifespan of the existing buildings
and other structures, which is quite likely to
raise the market demand in the near future.
3Construction Repaint Market 2023
- Competitive Landscape
- The major player operating in the market of
global construction repaint are Akzonobel N.V,
Asian Paints Ltd. , Axalta Coating Systems LLC,
Joint Ventures, Jotun A/S,Kansai Paint Co., Ltd.,
New Product Launches, Nippon Paint Holdings Co.,
Ltd.,PPG Industries Inc.,RPM International Inc.,
The Sherwin-Williams Company, and The Valspar
Corporation. - Enquiry of the Report https//www.marketresearchf
uture.com/enquiry/2093
4Construction Repaint Market 2023
Regional Analysis
- The segmentation of the global Construction
Repaint Market comprises regions like
Asia-Pacific, North America, Europe, and Rest of
the World. - Globally, Asia-Pacific bears the dominant
position in the Construction Repaint Market both
in relation to the volume and value. The market
is expected to continue with its rise in the
forthcoming years at the same rate. Due to
reasons such as rapid industrialization, low cost
attached to labor and raw materials, and the high
manufacturing rate of Chlor-Alkali products,
China is the major revenue generating nation in
the Asia-Pacific region. - North America and Europe stand in the second and
third position, respectively, owing to the low
production level of Construction Repaint products
as compared to other developing economies.
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5Construction Repaint Market 2023
Application Major Players in this Research
- To offer extensive details of the construction
repaint market, MRFR has profiled a few key
segments, including resin and application. - Resin types that have been considered in the
report are polyester, acrylic, epoxy and more.
Acrylic paints will dominate the global market
and will note the highest demand in the
construction sector. These resin types are
waterborne and are generally available as
lacquers, emulsions (latex), powders and enamels.
Acrylic resin types are easy to clean,
inexpensive, and have low or no VOC content,
which make them quite sought-after among
end-users. - Residential and non-residential are the top
applications of construction repaint.
Non-residential applications can project the
fastest growth in the construction repaint
market. Surging investments in non-residential
construction activities including buildings,
infrastructure, urbanization, maintenance
repair works and city development drive the
segmental growth.
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