Construction Repaint Market, by Resin Type (Acrylic, Polyester, Epoxy and other), by Application (Residential, and Non-Residential) - Forecast -2030
ID: MRFR/CnM/1561-HCR | 113 Pages | Published By Priya Nagrale on April 2023
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Construction Repaint Market
Construction Repaint Market is expected to cross USD 90 billion by 2030. The market is projected to grow at a CAGR of approximately 6% during the forecast period 2022 and 2030.
$90 billion
6%
Asia pacific
2022-2030
Construction Repaint Market Overview
The growth of the construction repaint market value is expected to grow USD 90 billion at a CAGR 6% during the forecast period. The construction repaint market is used for industrial, commercial and residential applications. There are several types of construction repaint available. Some of the repaints include enamel, emulsions and varnishes. The use of this repaint is prevalent in maintenance, repair and renovation tasks. Due to the growth of various construction tasks, the demand for the market is surging. Various segments in this market are gaining huge traction.
There is the resin type that is one of the popular repaints available. Acrylic, polyethene, epoxy and polyester are some of the resin types that have a huge supply. The need for new constructions is driving the demand in the construction repaint market. Further, there are high construction activities across the globe. This raises the need for construction repaint for such constructions. Further, the rising disposable income is another driver of this market.
Due to this spending on repaint market is growing. Urbanisation is another crucial factor that influences the demand for construction repaint. Governmental initiatives and new housing developments will create growth prospects. The revenue of the construction repaint is expected to grow due to these reasons. Some factors will contribute to overall market value.
Study Objectives of Construction Repaint Market
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Construction Repaint Market.
- To provide insights about factors affecting the market growth.
- To analyze the Construction Repaint market based porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by resin type, and application and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Conveyor system.
Global Construction Repaint Market: Segmentation 
Regional Analysis
Asia pacific is estimated to account for the largest share, in terms of value, of the construction repaint market. The region is expected to hold highest growth rate due to high demand from countries such as China and India. China is currently the largest market for construction repaint in the Asia-Pacific region, and is expected to remain by 2022. Moreover, increasing demand from the residential & non-residential sectors drives the construction repaint market in these countries.
Market Size of Global Construction Repaint Market by Regions (USD Billion) 
Key Players
The major player operating in the market of global construction repaint are Akzonobel N.V, Asian Paints Ltd. Axalta Coating Systems LLC, Joint Ventures, Jotun A/S,Kansai Paint Co., Ltd., New Product Launches, Nippon Paint Holdings Co., Ltd.,PPG Industries Inc.,RPM International Inc., The Sherwin-Williams Company, and The Valspar Corporation.Recent Development
PPG Industries is growing it is many by new developments. There are new launches by the company that is expected to raise overall supply. There are new aerosol and orange peel ceiling textures that are useful for repair projects. This new product is expected to make repairing the ceiling effortlessly. Nippon Paint is a company launching a new type of product. The company is launching the antivirus paint. The Nippon Virus guard is expected to have huge supply rates. Through this new product launch, the company will make new mergers and acquisitions. The revenue rate of the market will rise due to this new development.
Target Audience
- Organizations
- Manufacturer
- Research Institute / Education Institute
- Potential Investors
Product Analysis
- Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
Geographic Analysis
- Geographical analysis across 15 countries
Company Information
- Profiling of 10 key market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies
The report for Global Construction Repaint Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected construction repaint market size in terms of value and volume, technological advance Construction Repaint, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 90 billion |
| CAGR | 6% |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Resin Type, By Application |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Akzonobel N.V, Asian Paints Ltd. , Axalta Coating Systems LLC, Joint Ventures, Jotun A/S,Kansai Paint Co., Ltd., New Product Launches, Nippon Paint Holdings Co., Ltd.,PPG Industries Inc.,RPM International Inc., The Sherwin-Williams Company, and The Valspar Corporation |
| Key Market Opportunities | Popularity of glass buildings acts as a barrier |
| Key Market Drivers |
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Frequently Asked Questions (FAQ) :
The construction repaint market is predicted to grow at a 6% CAGR between 2022-2030.
The global construction repaint market is predicted to touch USD 90 billion by 2030.
Key players profiled in the construction repaint market report include The Valspar Corporation, The Sherwin-Williams Company, RPM International Inc., PPG Industries Inc., Nippon Paint Holdings Co., Ltd., Kansai Paint Co., Ltd., Jotun A/S, Joint Ventures, Axalta Coating Systems LLC, Asian Paints Ltd., and Akzonobel N.V.
Asia Pacific is predicted to lead the construction repaint market during the forecast period.
Notable players have adopted various strategies such as mergers, collaborations, acquisitions, joint ventures, R&D activities, and product innovations, to stay ahead in the construction repaint market.
