Stain-Resistant Coatings Market Thrives as Building Investments Surge: China's Forecasted $1.2 Billion Market a Testament to Global Urbanization
Thursday, October 19, 2023
DUBLIN, Oct. 11, 2023 /PRNewswire/ -- The "Stain Resistant Coatings - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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The global stain-resistant coatings market, valued at $3.3 billion in 2022, is projected to grow to $5.4 billion by 2030, representing a Compound Annual Growth Rate (CAGR) of 6.3% during the period from 2022 to 2030.
Among the segments analyzed in the report, solvent-based coatings are expected to record a 6% CAGR, reaching $2.8 billion by 2030, while water-based coatings are estimated to grow at a higher rate of 7.1% CAGR over the same period.
Key Regional Insights
-- United States: The stain-resistant coatings market in the United States
is estimated at $743.1 million in 2022.
-- China: China, the world's second-largest economy, is forecasted to reach
a market size of $1.2 billion by 2030, with a CAGR of 7.1% from 2022 to
2030.
-- Other Noteworthy Markets: Japan and Canada are expected to grow at rates
of 3.5% and 4.2%, respectively, over the 2022-2030 period. In Europe,
Germany is forecasted to grow at approximately 3.9% CAGR.
Select Competitors
The global stain-resistant coatings market features key players such as Axalta Coating Systems LLC, Allnex Belgium SA/NV, APV Engineered Coatings, Diamon-Fusion International, Inc., Hentzen Coatings, Inc., Stahl Holdings BV, Keyland Polymer Ltd., Tokai Optical Co., Ltd., NanoShine Ltd., Nbd Nano, Metashield LLC., ALCHIMICA S.A., GXC Coatings GmbH, Dura Coat Products, Inc., Nortek Powder Coating, Inc., and others.
Economic Outlook
The global economic outlook is showing signs of improvement, with countries recovering from the challenges posed by the pandemic. Despite some uncertainty, various regions are witnessing economic growth, which is contributing to positive market sentiments.
However, challenges persist, including geopolitical issues like the war in Ukraine, concerns about inflation, and the impact of inflation on consumer confidence and spending. Governments are working to address these challenges and are also focusing on mainstreaming climate change considerations into economic decisions.
While the global economic landscape remains dynamic, the rise of new technologies, including artificial intelligence, machine learning, cloud computing, quantum technologies, electrification, renewables, and climate technologies, is expected to drive incremental growth and value in the global economy in the coming years. These technologies present opportunities for businesses and investors who can navigate the evolving landscape with resilience and adaptability.
What`s New?
-- Special discussions on the global economic climate and market sentiment
-- Coverage on global competitiveness and key competitor percentage market
shares
-- Market presence analysis across multiple geographies -
Strong/Active/Niche/Trivial
-- Online interactive peer-to-peer collaborative bespoke updates
-- Access to digital archives and trademarked research platform
-- Complimentary updates for one year
-- Access to curated YouTube video transcripts of market sentiments shared
by CEOs, domain experts and market influencers via interviews, podcasts,
press statements and event keynotes
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
-- Influencer Market Insights
-- World Market Trajectories
-- Stain Resistant Coatings - Global Key Competitors Percentage Market
Share in 2022 (E)
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2022 (E)
-- Robust Demand from End-Use Industries Drives the Global Stain Resistant
Coatings Market
-- Stable Economic Scenario Augurs Well for Stain Resistance Coatings
Market
-- Global Economic Outlook: Real GDP Growth Rates in % by Country/Region
for the Years 2018 through 2021
-- Strong Demand from Buildings & Construction Industry to Fuel Market
Growth
-- Asia-Pacific to Retain Dominant Position in Global Market
-- Siloxane Copolymers Stain resistance Coatings - The Largest Segment
based on Chemistry
-- Polytetrafluoroethylene - Another Important Chemistry Type
-- Solvent-based Coatings Dominate, while Water-based Coatings to Emerge as
the Fastest-Growing Segment
-- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
-- Increase in Building and Infrastructure Investments: A Key Demand Driver
for Stain Resistance Coatings
-- Global Construction Output by Region (2022): Breakdown of Construction
Output (US$ Billion) and Percentage Change over 2018-2022
-- Global Infrastructure Spending Estimates (Percentage of GDP) by Region
-- Exponential Increase in Urbanization to Propel Demand for
Stain-Resistance Coatings
-- World Urban Population in Thousands: 1950-2050P
-- Degree of Urbanization Worldwide: Urban Population as a % of Total
Population by Geographic Region for the Years 1950, 1970, 1990, 2018,
2030 and 2050
-- Architectural Coatings Market Witnesses Strong Demand for Durable,
Stain-Resistant Products
-- Growing Demand for Consumer Electronic Devices with Light Color
Substrates Drives Opportunities
-- Textiles: Another Major End-Use Market
-- Stain-Resistant Carpeting Gains Popularity amidst Strict Regulatory
Stance
-- Impact of Regulations on Stain-Resistant Carpet Industry
-- Increasing Demand for Stain Resistant Coatings in Transportation Sector
Spurs Market Expansion
-- Opportunity Indicators
-- Favorable Automotive Production Trends
-- Global Passenger Cars Production (In Million Units) by Geographic
Region/Country for the Years 2017, 2019, 2022
-- Innovations and Advancements Maintain Market Momentum
-- MetaShield Launches MetaShieldCLEANT Coating with Anti-Stain and
Anti-Dust Function for Consumer Packaging
-- New Fluorine-free Oleophobic Coating to Enable Oil-Resistant Textiles
-- Stahl Introduces Hydrophobic Hybrid Resin with Excellent Stain
Resistance
-- Johnson Controls Unveils FreshPer4mance Coating to Keep Automotive Seats
Hygienic and Clean
-- Velvecron SR Coating with Enhanced Stain Resistance for Electronic
Devices
-- Rising Adoption of Nanotechnology Creates New Opportunities
-- Cationic Primers Emerge as Potential Stain Blocking Solutions with High
Effectiveness
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/6e4ikj
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