Global Anti-Graffiti Coatings & Films Market, 2019 to 2023 - Environmental Regulations Related to VOCs to Drive the Demand for Water-Based Anti-Graffiti Coatings
DUBLIN, March 15, 2019 /PRNewswire/ -- The "Anti-Graffiti Coatings Market by Vehicle Type (Water Based and Others), End Use Industry (Construction and Transportation), and Region (North America, South America, Europe, Asia Pacific, Middle East & Africa) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The combined market size of anti-graffiti coatings & films is estimated at USD 72 million in 2018 and is projected to reach USD 87 million by 2023, at a CAGR of 3.8%.
The anti-graffiti coatings & films market is driven by the rising need for protection against graffiti or vandalism and growth in the construction and transportation industries. However, the high price of anti-graffiti coatings and films acts as the restraint for the market.
The leading players in the anti-graffiti films & coatings market are The Sherwin-Williams Company (US), Evonik Industries (Germany), DuluxGroup (Australia), Axalta Coating Systems (US), Teknos Group (Finland), Merck Group (Germany), Rainguard (US), Wacker Chemie (Germany), 3M (US), Avery Dennison Corporation (US), Opalux (UK), Graffiti Shield (US), Hydron Protective Coatings (UK), and SEI Industrial Chemicals (US).
These players have adopted the strategies of expansion, new product development, and acquisition to increase their product offerings and expand their geographic presence.
The anti-graffiti coatings type segment is projected to register a higher CAGR during the forecast period
The anti-graffiti coatings segment is projected to witness the highest growth rate during the forecast period. Anti-graffiti coating is environmentally friendly and suitable for both porous and non-porous substrates.
Additionally, it offers protection against graffiti vandalism for a longer duration. The rising demand for environment-friendly protective systems that provide long-term graffiti resistance is expected to make it the most widely used type.
The market in the construction end-use industry to hold the largest share during the forecast period
Anti-graffiti coatings and films are mainly used in two end-use industries, namely, construction and transportation. Construction is the dominant end-use industry of anti-graffiti coatings and films.
This dominance is due to the wide use of anti-graffiti coatings and films in the commercial and residential construction insures to protect the substrates from the damage caused by graffiti vandalism. They are mostly used on infrastructure such as residential buildings, facades, windows, fences, offices, parking lots, subways, stations, historic buildings, and statues.
North America is estimated to be fastest-growing anti-graffiti coatings & films market during the forecast period
North America is estimated to be the fastest-growing anti-graffiti coatings & films market, during the forecast period, due to the rising demand for protective coatings that offer resistance to graffiti from the construction and transportation industries in the region. Additionally, the growing construction and transportation industries are driving the anti-graffiti coatings & films market. The US is projected to be the fastest-growing market for anti-graffiti coatings & films in North America, followed by Canada.
Europe is the second-fastest growing anti-graffiti coatings & films market. The growing governmental regulations regarding the use of environmentally-friendly coatings & films in the construction industry is expected to provide growth opportunities for the anti-graffiti coatings & films market in the region.
Topics Covered
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency
1.5 Units Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Limitations
2.5 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Anti-Graffiti Coatings & Films Market
4.2 Anti-Graffiti Coatings & Films Market, By Type
4.3 Anti-Graffiti Coatings Market, By Vehicle Type
4.4 North America Anti-Graffiti Coatings Market, By Type and Country
4.5 Anti-Graffiti Coatings & Films Market, By End-Use Industry
4.6 Anti-Graffiti Coatings Market, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Need for Graffiti-Resistant Films and Coatings Globally
5.2.1.2 Growth in the Construction Industry
5.2.1.3 Environmental Regulations Related to VOCs to Drive the Demand for Water-Based Anti-Graffiti Coatings
5.2.2 Restraints
5.2.2.1 High Price of Anti-Graffiti Films and Coatings
5.2.3 Opportunities
5.2.3.1 Growing Transportation Industry
5.2.4 Challenges
5.2.4.1 Creating Awareness About Anti-Graffiti Films and Coatings
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Overview
5.4.1 Introduction
5.4.2 GDP Growth Rate and Forecast of Major Economies
5.4.3 Construction Industry Analysis
6 Anti-Graffiti Coatings & Films Market, By Type
6.1 Introduction
6.2 Anti-Graffiti Films
6.2.1 Rising Demand for Glass Protective Systems to Drive the Demand for Anti-Graffiti Films
6.3 Anti-Graffiti Coatings
6.3.1 Sacrificial
6.3.1.1 The Comparatively Low Price of Sacrificial Anti-Graffiti Coatings to Drive the Market
6.3.2 Non-Sacrificial/Permanent
6.3.2.1 Long Lifespan of Non-Sacrificial Anti-Graffiti Coatings to Augment the Market
7 Anti-Graffiti Coatings Market, By Vehicle Type
7.1 Introduction
7.2 Water Based
7.2.1 Increasing Demand for Environmentally Friendly Coatings to Fuel the Market in the Water-Based Vehicle Type Segment
7.3 Others
8 Anti-Graffiti Coatings & Films Market, By End-Use Industry
8.1 Introduction
8.2 Construction
8.2.1 Rising Vandalism in Both Residential and Commercial Construction Sectors to Drive the Market
8.3 Transportation
8.3.1 Easy Applicability of Anti-Graffiti Films to Drive the Market in the Transportation Industry
9 Anti-Graffiti Coatings & Films Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 US Government Initiatives to Minimize Graffiti Vandalism, Which Will Drive the Anti-Graffiti Coatings Market
9.2.2 Canada
9.2.2.1 Infrastructure and Construction Development to Boost the Anti-Graffiti Coatings Market
9.2.3 Mexico
9.2.3.1 Growing Government Investment in Infrastructure Development to Fuel the Market Growth
9.3 South America
9.3.1 Brazil
9.3.1.1 Growing Construction Industry Due to Several Government Programs to Drive the Anti-Graffiti Coatings Market
9.3.2 Argentina
9.3.2.1 Rising Graffiti Vandalism to Create Growth Opportunities for the Anti-Graffiti Coatings Manufacturers
9.3.3 Rest of South America
9.4 Europe
9.4.1 Germany
9.4.1.1 Rising Residential Construction Sector to Drive the Demand for Anti-Graffiti Coatings
9.4.2 France
9.4.2.1 Government Initiatives Undertaken to Protect Public and Private Properties are Driving the Anti-Graffiti Coatings Market
9.4.3 UK
9.4.3.1 Rising Private Housing Sector to Increase the Demand for Anti-Graffiti Coatings
9.4.4 Italy
9.4.4.1 Government Activities to Reduce the Graffiti Vandalism are Ultimately Boosting the Demand for Anti-Graffiti Coatings
9.4.5 Rest of Europe
9.5 APAC
9.5.1 China
9.5.1.1 Growing Construction and Transportation Industries to Drive the Anti-Graffiti Coatings Market
9.5.2 Japan
9.5.2.1 Stringent Government Laws are Expected to Support the Growth of the Anti-Graffiti Coatings Market
9.5.3 India
9.5.3.1 Growing Construction and Transportation Industries Will Increase the Demand for Anti-Graffiti Coatings
9.5.4 South Korea
9.5.4.1 Government's Focus on the Completion of Existing Infrastructure Projects to Drive the Anti-Graffiti Coatings Market
9.5.5 Australia
9.5.5.1 Rising Government Initiatives Over Graffiti Vandalism to Augment the Market Growth
9.5.6 Rest of APAC
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.1.1 Growing Infrastructure Development to Drive the Demand for Anti-Graffiti Coatings
9.6.2 UAE
9.6.2.1 Increasing Initiatives to Control Graffiti Vandalism to Drive the Anti-Graffiti Coatings Market
9.6.3 Rest of Middle East & Africa
10 Competitive Landscape
10.1 Introduction
10.2 Competitive Leadership Mapping, 2017
10.2.1 Terminology/Nomenclature
10.2.1.1 Visionary Leaders
10.2.1.2 Innovators
10.2.1.3 Dynamic Differentiators
10.2.1.4 Emerging Companies
10.2.2 Strength of Product Portfolio
10.2.3 Business Strategy Excellence
10.3 Competitive Scenario
10.3.1 Expansion
10.3.2 Acquisition
10.3.3 New Product Development
11 Company Profiles
11.1 The Sherwin-Williams Company
11.2 Evonik Industries
11.3 Duluxgroup
11.4 Axalta Coating Systems
11.5 Teknos Group
11.6 Merck Group
11.7 Rainguard
11.8 Wacker Chemie
11.9 3M
11.10 Avery Dennison Corporation
11.11 Opalux
11.12 Graffiti Shield
11.13 Hydron Protective Coatings
11.14 SEI Industrial Chemicals
11.15 Other Companies
11.15.1 Sika AG
11.15.2 SSAB
11.15.3 A&I Coatings
11.15.4 Vexcon Chemicals
11.15.5 Prosoco
11.15.6 Fabrino
11.15.7 Monopole Inc.
11.15.8 TK Products
11.15.9 CSL Silicones Inc.
11.15.10 FSC Coatings Inc.
11.15.11 Nanokote
11.15.12 Rust-Oleum
11.15.13 Madico
11.15.14 Ricochet Protects
11.15.15 Suntek
11.15.16 Edge Film Technologies
11.15.17 Mactac
11.15.18 Solar Art
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