European Coatings Journal - 17.01.2022 | ARCHITECTURAL COATINGS MARKET REPORT


The requirements for repaint and availability of time during the lockdown periods of 2020, shifted the growth in demand for architectural coatings towards DIY sector. The companies also shifted their focus towards providing the products accomodating changes in trend to boost their sales. The global architectural coatings market size was estimated at around USD 66.3 billion in 2020 and is projected to reach USD 91.6 billion by 2026, at a CAGR 5.1 %. Factors such as globalisation, urbanisation, rising standard of living, increasing purchasing power parity (PPP), infrastructural development, and the rapidly increasing need to construct ...
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