Categories: Chemicals

Architectural Metal Coatings Market Size, Key Drivers, Growth, Demand, and Analysis 2024-2033 | Insights and Trends

Overview and Scope

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.

Sizing and Forecast

The architectural metal coatings market size has grown strongly in recent years. It will grow from $5.23 billion in 2023 to $5.55 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to rise in construction sector, investment in infrastructure, economic growth, growth in population, government support.

The architectural metal coatings market size is expected to see strong growth in the next few years. It will grow to $7.21 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising disposable income, rising urbanization, rising adoption of energy-efficient buildings, building renovations and retrofits. Major trends in the forecast period include digital coating technologies, antimicrobial coatings, smart coatings, low-energy coatings, sustainable coatings.

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/architectural-metal-coatings-global-market-report

Segmentation & Regional Insights

The 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

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.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7226&type=smp

Major Driver Impacting Market Growth

The increase in infrastructure construction and investment is driving the architectural metal coatings market. Construction has been on the rise due to rapid industrialization and urbanization across both developed and developing nations. Architecture construction requires metal coatings to protect them from corrosion and harsh weather, it also gives the newly constructed buildings an aesthetic and attractive look. For instance, according to the U.S. Census Bureau report on monthly construction spending in 2022, the construction spending was expected to be $1,744.8 billion in April 2022, a 0.8% rise from the revised March estimate of $1,740.6 billion. Therefore, the increase in infrastructure construction and investment is expected to boost demand for architectural metal coatings during the forecast period.

Key Industry Players

Major companies operating in the architectural metal coatings market include 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

The architectural metal coatings market report table of contents includes: