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Global Acrylic Surface Coating Market 2019-2023

Global Acrylic Surface Coating Market 2019-2023

About this market

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. Technavio’s analysts have predicted that the acrylic surface coating market will register a CAGR of over 6% by 2023.

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.

For the detailed list of factors that will drive and challenge the growth of the acrylic surface coating market during the 2019-2023, view our report.

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.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global paints and coatings market
      • Table Segments of global paints and coatings market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by technology
    • Table Technology - Market share 2018-2023 (%)
    • Comparison by technology
      • Table Comparison by technology
    • Waterborne coatings - Market size and forecast 2018-2023
      • Table Waterborne coatings - Market size and forecast 2018-2023 ($ millions)
      • Table Waterborne coatings - Year-over-year growth 2019-2023 (%)
    • Solvent-borne coatings - Market size and forecast 2018-2023
      • Table Solvent-borne coatings - Market size and forecast 2018-2023 ($ millions)
      • Table Solvent-borne coatings - Year-over-year growth 2019-2023 (%)
    • Powder coatings - Market size and forecast 2018-2023
      • Table Powder coatings - Market size and forecast 2018-2023 ($ millions)
      • Table Powder coatings - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by technology
      • Table Market opportunity by technology
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global urban population 2010-2017 (%)
    • Market challenges
      • Table Crude oil prices 2010-2018 ($ per barrel)
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing focus on bio-based and eco-friendly products
    • Implementation of solar reflective coatings
    • Growing adoption of UV-curable coatings
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Axalta Coating Systems, LLC
      • Table Axalta Coating Systems, LLC - Vendor overview
      • Table Axalta Coating Systems, LLC - Business segments
      • Table Axalta Coating Systems, LLC - Organizational developments
      • Table Axalta Coating Systems, LLC - Geographic focus
      • Table Axalta Coating Systems, LLC - Segment focus
      • Table Axalta Coating Systems, LLC - Key offerings
    • BASF SE
      • Table BASF SE - Vendor overview
      • Table BASF SE - Product segments
      • Table BASF SE - Organizational developments
      • Table BASF SE - Geographic focus
      • Table BASF SE - Segment focus
      • Table BASF SE - Key offerings
    • Nippon Paint Holdings Co., Ltd.
      • Table Nippon Paint Holdings Co., Ltd. - Vendor overview
      • Table Nippon Paint Holdings Co., Ltd. - Business segments
      • Table Nippon Paint Holdings Co., Ltd. - Organizational developments
      • Table Nippon Paint Holdings Co., Ltd. - Geographic focus
      • Table Nippon Paint Holdings Co., Ltd. - Segment focus
      • Table Nippon Paint Holdings Co., Ltd. - Key offerings
    • PPG Industries, Inc.
      • Table PPG Industries, Inc. - Vendor overview
      • Table PPG Industries, Inc. - Business segments
      • Table PPG Industries, Inc. - Organizational developments
      • Table PPG Industries, Inc. - Geographic focus
      • Table PPG Industries, Inc. - Segment focus
      • Table PPG Industries, Inc. - Key offerings
    • The Sherwin-Williams Company
      • Table The Sherwin-Williams Company - Vendor overview
      • Table The Sherwin-Williams Company - Business segments
      • Table The Sherwin-Williams Company - Organizational developments
      • Table The Sherwin-Williams Company - Segment focus
      • Table The Sherwin-Williams Company - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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