Dublin, April 23, 2019 (GLOBE NEWSWIRE) -- The "Global Acrylic Surface Coating Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The acrylic surface coating market will register a CAGR of over 6% by 2023.

The burgeoning global real estate and construction industry has spawned an increase in office spaces, commercial complexes, and residential buildings. This has led to a surge in demand for acrylic surface coatings, which are architectural coatings widely preferred and used in construction and structural applications.

Rapid urbanization and significant investments in infrastructure development are helping the construction industry's growth in developing countries. Acrylic surface coatings are extensively used in interior as well as exterior finishing applications. The surging global population is fueling demand for housing and other infrastructure.

The highly reflective and seamless characteristic of acrylic coating enhances its preference in construction applications. The high durability and reflectivity of acrylic surface coatings make them cost-effective and high-value investments. The strong reflectivity of acrylic coatings helps in lowering temperatures inside buildings and in reducing energy consumption of air-conditioners. The rapid growth and infrastructure development, and this is giving a fillip to the global acrylic surface coating market.

Market Overview

Automotive industry driving demand for acrylic surface coating

Acrylic surface coatings have several applications in automotive manufacturing. The easy applicability of acrylic paint makes it highly preferred in the automotive industry. Therefore, as acrylic surface coatings are widely used in the automotive industry, the growth of the automotive industry during the forecast period implies a healthy expansion of the global acrylic surface coating market.

Volatility in raw material prices

The prices of raw materials used to manufacture acrylic surface coating are highly unpredictable. This is mainly due to their high dependence on crude oil prices and natural forest products. Price volatility of petroleum-based raw materials and the increasing demand for acrylic surface coating products in emerging economies are challenging the growth of the global acrylic surface coating market.

Competitive Landscape

The market appears to be fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

• Market segmentation by technology
• Comparison by technology
• Waterborne coatings - Market size and forecast 2018-2023
• Solvent-borne coatings - Market size and forecast 2018-2023
• Powder coatings - Market size and forecast 2018-2023
• Others - Market size and forecast 2018-2023
• Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 10: MARKET TRENDS

• Increasing focus on bio-based and eco-friendly products
• Implementation of solar reflective coatings
• Growing adoption of UV-curable coatings

PART 11: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 12: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Axalta Coating Systems, LLC
• BASF SE
• Nippon Paint Holdings Co., Ltd.
• PPG Industries, Inc.
• The Sherwin-Williams Company

PART 13: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/r/bn4nom

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Related Topics: Paints and Coatings