Global Architectural Metal Coatings market size 2024, Forecast To 2033
24 Jan, 2024
The architectural metal coatings market has demonstrated strong growth, increasing from $5.23 billion in 2023 to $5.55 billion in 2024 at a CAGR of 6.2%. The growth in the historic period is attributed to the rise in the construction sector, investment in infrastructure, economic growth, growth in the population, and government support. Projecting into 2028, the market is expected to reach $7.21 billion at a CAGR of 6.7%. The forecasted growth is fueled by rising disposable income, rising urbanization, rising adoption of energy-efficient buildings, and building renovations and retrofits. Major trends in this period include digital coating technologies, antimicrobial coatings, smart coatings, low-energy coatings, and sustainable coatings.
Global Architectural Metal Coatings Market Key Driver
The architectural metal coatings market expands with the increase in infrastructure construction and investment. Construction spending reaches $1,744.8 billion in April 2022, reflecting a 0.8% rise from the previous month. The demand for architectural metal coatings rises as they protect structures from corrosion and harsh weather while providing an aesthetic appeal. The boost in infrastructure construction and investment drives market growth during the forecast period.
Get A Free Sample Of The Global Architectural Metal Coatings Market ReportGlobal Architectural Metal Coatings Market Segments
The global architectural metal coatings market covered in this report is segmented –
1) By Resin Type: Polyester, Fluoropolymer, Polyurethane, Other Resins
2) By Coil Coating: Roofing and Cladding, Wall Panels and Facades, Fascia and Soffits, Other Coil Coatings
3) By Extrusion Coating: Curtain Walls, Store Front, Doors and Windows, Other Extrusion Coatings
By Geography: The regions covered in the Architectural Metal Coatings market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Asia-Pacific was the largest region in the architectural metal coatings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the architectural metal coatings market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major Architectural Metal Coatings Industry Players
The Sherwin-Williams Company, Akzo Nobel N.V., Axalta Coating Systems Ltd., Nippon Paint Holdings Co Ltd., Kansai Paint Co Ltd., Hempel A/S, Jotun A/S, Badische Anilin- und Sodafabrik SE, Beckers Group, Wacker Chemie AG, NOROO Automotive Coatings Co Ltd., Titan Coatings Inc., Continental Coatings Pvt Ltd., AGC Chemicals Americas Inc., ANB Metal Cast Pvt Ltd., Arkema S.A, Asian Paints Ltd., G.J. Nikolas & Co Inc., Dura Coat Products Inc., TCI Powder Coatings, Tnemec Company Inc., Carboline Company, RPM International Inc., Benjamin Moore & Co., Dunn-Edwards Corporation, Behr Process Corporation, Diamond Vogel
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Architectural Metal Coatings Market Overview
Architectural metal coatings extend the architecture's longevity and protect it from the environment by providing a protective layer to the surface. Metal coatings are utilized in renovations and are simple to keep and clean. Indoor wall and ceiling coverings can be made of metallic coatings. Metal coatings, especially exterior coatings, offer excellent protection against UV rays. Architectural metal coatings are used to coat pavements, curbs, portable buildings, stationary structures, and their appurtenances at the installation site, and permanent structures.
Architectural Metal Coatings Global Market Report 2023 provides data on the global architectural metal coatings market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The architectural metal coatings market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.