Asia-Pacific Architectural Coatings Market – Industry Trends and Forecast to 2030

Análise e dimensão do mercado de revestimentos arquitetónicos da Ásia-Pacífico

A saúde dos setores da construção e do imobiliário é um dos principais impulsionadores dos revestimentos arquitetónicos. À medida que estas indústrias crescem, aumenta também a procura por revestimentos utilizados em edifícios residenciais, comerciais e industriais. A rápida urbanização e o crescimento populacional levam ao aumento das atividades de construção, impulsionando a necessidade de revestimentos arquitetónicos para novas estruturas e renovações.

A Data Bridge Market Research analisa que o mercado de revestimentos arquitetónicos da Ásia-Pacífico, que foi de 25,63 mil milhões de dólares em 2022, deverá atingir os 40,24 mil milhões de dólares até 2030, e deverá passar por um CAGR de 5,6 % durante o período de previsão de 2023 a 2030. “Acrílico” domina o segmento de tipo de resina do mercado de revestimentos arquitetónicos da Ásia-Pacífico devido à sua versatilidade, durabilidade, retenção de cor e propriedades de respirabilidade. Estas tecnologias dependem de interações físicas, como a adsorção ou a compressão, para armazenar o gás hidrogénio. Além dos insights sobre cenários de mercado, tais como valor de mercado, taxa de crescimento, segmentação, cobertura geográfica e grandes players, os relatórios de mercado com curadoria da Data Bridge Market Research incluem também análise especializada aprofundada, epidemiologia de pacientes, análise de pipeline, análise de preços, e quadro regulamentar.

Âmbito e segmentação do mercado de revestimentos arquitetónicos da Ásia-Pacífico

Definição de mercado

Os revestimentos arquitetónicos, também conhecidos como revestimentos decorativos, são formulações de revestimento utilizadas para revestir edifícios e habitações. O termo revestimentos arquitetónicos abrange uma vasta gama de diferentes revestimentos, tais como vernizes, tintas, primários, selantes, tintas, cerâmicas e vários outros. À medida que são aplicados em paredes interiores e exteriores, pavimentos e tetos de edifícios, os revestimentos arquitetónicos devem ser resistentes a determinados fatores, como a humidade, o calor, as alterações climáticas, os produtos químicos e outros semelhantes.

Dinâmica do mercado de revestimentos arquitetónicos da Ásia-Pacífico

Motoristas

•  Actividades de Construção e Renovação

O crescimento dos projectos de construção e renovação em todo o mundo impulsiona a procura de revestimentos arquitectónicos, uma vez que estes revestimentos são essenciais para proteger e melhorar a aparência dos edifícios. As atividades de construção e renovação abrangem a aplicação de revestimentos arquitetónicos em superfícies de edifícios e estruturas. Os revestimentos são utilizados para proteger, melhorar, personalizar e manter a aparência dos elementos arquitetónicos, contribuindo para a estética geral e para a longevidade do espaço construído ou renovado.

•   Aumentar o foco na sustentabilidade

Existe uma procura crescente por revestimentos ecológicos e sustentáveis ​​que tenham um baixo teor de COV (Composto Orgânico Volátil), sejam à base de água e ofereçam maior eficiência energética. Este impulsionador é alimentado por regulamentos ambientais e preferências do consumidor. Há um foco crescente na sustentabilidade nos revestimentos arquitetónicos devido à crescente consciência ambiental e à procura por soluções mais ecológicas. Este foco abrange vários aspetos do ciclo de vida dos revestimentos, desde a origem da matéria-prima até à aplicação, desempenho e eliminação.

• Urbanização e Desenvolvimento de Infraestruturas

A rápida urbanização e a necessidade de novos projectos de infra-estruturas, como edifícios comerciais, complexos residenciais e sistemas de transporte, contribuem para a procura de revestimentos arquitectónicos. A urbanização e o desenvolvimento de infra-estruturas envolvem frequentemente novos projectos de construção e a expansão de edifícios e estruturas existentes. Isto leva a uma maior procura por revestimentos arquitectónicos, uma vez que estes projectos requerem revestimentos tanto para protecção funcional como para melhoria estética.

Oportunidades

• Iniciativas de construção verde

As sustainable building practices gain traction, there are opportunities for architectural coatings manufacturers to develop and market environmentally friendly coatings that comply with green building certifications, such as LEED (Leadership in Energy and Environmental Design).  Green building initiatives have significantly influenced the architectural coatings industry, driving the development and adoption of more sustainable and environmentally friendly coatings. These initiatives promote the use of coatings that have a reduced impact on human health, minimize resource consumption, and contribute to overall sustainability.

•  Collaboration with Architects and Designers

Working closely with architects and designers to provide tailored coating solutions and offer technical expertise creates opportunities for manufacturers to be involved in high-profile projects and establish long-term partnerships. Collaboration with architects and designers is crucial for the architectural coatings industry. Architects and designers play a key role in specifying coatings for construction and renovation projects, as they are responsible for selecting coatings that meet the functional and aesthetic requirements of a building or space.

Restraints/Challenges

•  Fluctuating Raw Material Prices

The prices of key raw materials used in architectural coatings, such as resins, pigments, and solvents, can be volatile, impacting the cost of production and potentially affecting profit margins. Fluctuating raw material prices have a significant impact on the architectural coatings industry. Raw materials, such as resins, pigments, solvents, and additives, are essential components of coatings, and their prices can vary due to a variety of factors.

•  Stringent Environmental Regulations

Compliance with environmental regulations, such as restrictions on VOC emissions, can pose challenges for manufacturers in terms of reformulating products, investing in research and development, and meeting changing industry standards. Adhering to manufacturer guidelines and working with experienced HVAC professionals can provide valuable insights and ensure proper maintenance practices are followed. Also, the lack of favorable reimbursement scenarios and technology penetration in the developing economies, heavy custom duty imposed on medical devices, and lack of suitable infrastructure in low-income  and middle-income countries are projected to challenge the market in the forecast period of 2023-2030.

This Asia-Pacific architectural coatings market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, and  technological innovations in the market. To gain more info on the Asia-Pacific architectural coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Developments

• In August 2022, Nippon Paint China and BASF partnered to launch Joncryl HPB. It is the first water-based barrier coating that BASF has introduced for use in industrial packaging in China
• In August 2021, Dulux, a brand of AkzoNobel, introduced a USDA-certified super-premium interior emulsion in India. It is India’s first paint made from biomaterials that purify indoor air.

Asia-Pacific Architectural Coatings Market Scope

The Asia-Pacific architectural coatings market is segmented on the basis of resin type, technology, function, application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Resin Type

• Acrylic
• Vinyl Acetate-Ethylene (VAE)
• Alkyds
• Polyurethane
• Epoxy
• Polyesters
• Others

Technology

• Solvent-borne
• Waterborne

Function

• Paints
• Primers
• Varnishes
• Stains
• Sealers
• Powder Coatings
• Lacquers
• Ceramics
• Others

Application

• Commercial
• Residential
• Coatings for Wood
• Roof Coatings
• Floor Coating

Asia-Pacific Architectural Coatings Market Regional Analysis/Insights

The Asia-Pacific architectural coatings market is analysed and market size insights and trends are provided by country, resin type, technology, function, application as referenced above.

The countries covered in the Asia-Pacific architectural coatings market report are Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).China is estimated to dominate the Asia-Pacific architectural coatings market because of the experienced significant urbanization and a construction boom in recent decades within the country.

 India is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increased construction activities in residential, commercial, and public sectors in the country.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Automotive Infrastructure Growth Installed Base and New Technology Penetration

The Asia-Pacific architectural coatings market also provides you with a detailed market analysis for every country's growth in automotive expenditure for capital equipment, installed base of different kinds of products for the Asia-Pacific architectural coatings market, the impact of technology using lifeline curves, and changes in automotive regulatory scenarios and their impact on the Asia-Pacific architectural coatings market. The data is available for the historic period 2015-2020.

Competitive Landscape and Asia-Pacific Architectural Coatings Market Share Analysis

The Asia-Pacific architectural coatings market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the Asia-Pacific architectural coatings market.

Some of the major players operating in the Asia-Pacific  architectural coatings market are:

• BASF Coatings GmbH (Germany)
• PPG Industries Inc. (U.S.)
• AkzoNobel N.V. ( Netherlands)
• Kelly-Moore Paint Company, Inc. (U.S.)
• The Sherwin-William Company (U.S.)
• The Valspar Corporation (U.S.)
• Nippon Paint Co Ltd (Japan)
• RPM International Inc. (U.S.)
• Kansai Paint Co., Ltd (Japan)
• Asian Paints Ltd (India)

SKU-47870