What is Emulsion Paint Market?
The global emulsion paint market is expected to grow at a significant rate during the forecast period, according to the AMA study. Emulsion paints can be defined as water-based paints used for coating of walls & ceilings during the construction or refurbishment of any residential, commercial, or industrial building. The growing number of residential and commercial construction projects is one of the major factors aiding into the growth of the market globally.
Highlights from Emulsion Paint Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Adchem Technologies (India), Akzo Nobel N.V. (Netherlands), Asian Paints (India), Benjamin Moore & Co. (United States), Berger Paints India Limited (India), Crown Paints (United Kingdom), Dow (United States), Farrow & Ball Ltd. (United Kingdom), Kamsons Chemicals Pvt.Ltd. (India), Kansai Nerolac Paints Limited (India), NIPSEA GROUP (Japan), PPG Industries Ohio, Inc. (United States), Sandtex (United Kingdom) and Shalimar Paints (India) |
The vendors in this market are highly focusing on developing innovative and new products in order to remain competitive in the market. Research Analyst at AMA predicts that India Vendors will contribute to the maximum growth of Global Emulsion Paint market throughout the forecasted period.
Adchem Technologies (India), Akzo Nobel N.V. (Netherlands), Asian Paints (India), Benjamin Moore & Co. (United States), Berger Paints India Limited (India), Crown Paints (United Kingdom), Dow (United States), Farrow & Ball Ltd. (United Kingdom), Kamsons Chemicals Pvt.Ltd. (India), Kansai Nerolac Paints Limited (India), NIPSEA GROUP (Japan), PPG Industries Ohio, Inc. (United States), Sandtex (United Kingdom) and Shalimar Paints (India) are some of the key players profiled in the study. Emulsion Paint Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Residential, Commercial and Others |
Type | Gloss, Satin, Eggshell, Silk and Flat Matt/Matt |
Sales Channel | Online,Offline |
Material | Acrylic-based,Viny-based |
On the basis of geography, the market of Emulsion Paint has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Attractive Interior Design Generating the Demand for Decorative Paints and Thereby Propelling the Growth for Emulsion Paint Market and Increase in Demand for humidity-resistant Paints & Coatings is Expected to be one of the Major Trends for the Market
Market Growth Drivers:
Growth in Demand From Construction Infrastructure Activities such as Installation of Walls & Ceilings is Propelling the Demand for Emulsion Paints and The Growing Number of Residential & Commercial Construction Projects Across the World
Challenges:
Availability of Substitutes
Restraints:
High Cost of Product
Opportunities:
Increasing Number of Smart City Projects Across Emerging Economies such as India will Create Huge Opportunities for Market Vendors During the Forecast Period and Rising Urbanisation Across DIfferent Regions
Key Target Audience
Construction Paint Manufacturers, Emulsion Paint Manufacturers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Raw Material & Component Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations
Market Leaders & Development Strategies
In 2019, Dow announced that it has completed the separation of itself from DowDuPont which was formed as a merger between two chemical companies i.e. Dow Chemical Company and DuPont in 2015.
In 2019, Kansai announced that it has completed the acquisition of Nerolac Paints from Perma Construction Aids.