Stain Resistant Coatings Market by Chemistry,Technology and Region - Global Forecast to 2026
The report "Stain Resistant Coatings
Market by Chemistry (PTFE, PFA, ETFE, PVDF, Siloxane Copolymers)
Technology (Water-Based, Solvent-Based) Application (Architectural Coatings,
Cookware & Bakeware, Electronics, Transportation), and Region - Global
Forecast to 2026", The global stain resistant coatings market was
valued at USD 2.30 Billion in 2015 and is projected to reach USD 4.60 Billion
by 2026, at a CAGR of 6.6% between 2016 and 2026.
Browse 133 market data tables and 46 figures spread through
168 pages and in-depth TOC on “Stain
Resistant Coatings Market - Global Forecast to 2026”
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Increasing income levels, growing middle class population in
the Asia-Pacific region, and rising government regulations in Europe and North
America focusing on energy efficiency are factors fueling the growth of the
global stain resistant coatings market.
The siloxane copolymer-based
coatings segment to gain maximum traction during the forecast period
Based on chemistry, the siloxane copolymer-based coatings
segment is estimated to account for the largest share of the stain resistant
coatings market, in terms of value, in 2016. Siloxane copolymer-based coatings
are highly demanded in the developed countries such as the U.S., Germany, and
Australia, due to their low VOC content. Siloxane copolymers are increasingly
used in industries such as architectural coatings, electronics, and cookware
& bakeware, among others due to their easy cleaning applications.
The transportation
segment is projected to grow at the highest CAGR during the forecast period
In terms of application, the transportation segment is
expected to grow at the highest CAGR between 2016 and 2026, owing to the
extensive use of stain resistant coatings in the production of automotive
components. In addition, growth in the transportation sector in countries such
as China and India has further contributed to the increasing demand for stain
resistant coatings.
The Asia-Pacific
region is expected to lead the global stain resistant coatings market
Asia-Pacific is the largest region for Stain Resistant Coatings Market, in terms of value, followed by
Europe and North America. China, the U.S., and Germany are the biggest
consumers of stain resistant coatings. Availability of raw materials &
cheap labor and significant domestic demand for stain resistant coatings are
factors contributing to the growth of the Asia-Pacific stain resistant coatings
market. The growth of stain resistant coatings market in North America is
expected to be driven by the U.S., especially by its architectural coatings and
electronics applications. Government regulations in Europe and North America that
focus on energy efficiency, will continue to be a key factor propelling the
adoption of innovative and low-pollution coating technologies, such as stain
resistant coatings.
The key players
considered in the report are:
- · PPG Industries (U.S.), Inc.
- · Akzo Nobel N.V.
- · E. I. Du Pont de Nemours and Company
- · The Dow Chemical Company
- · The 3M Company
- · The Sherwin-Williams Company
- · Nippon Paint Holdings Co., Ltd.
- · BASF SE
- · Axalta Coating Systems
- · The Chemours Company
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