Market Overview

The acrylic coating in commonly applied on the surface of a substrate to serve decorative, functional, protectoral, or operational purposes. The final product substrate is obtained with some significant physical properties after application so acrylic surface coatings, such as excellent finish, gloss, and better clarity. In addition to this, the end product also offers greater weather ability and superior hardness, also greater impact resistance, enhanced adhesion and chemical resistance. The acrylic surface coating adds value to the product, an object or a substrate and increases the life span and durability of the same. During the recent years, the acrylic surface coating has been successfully penetrated into a vast number of industries including, building & construction, automotive, marine, and aerospace & defense, and other industrial coatings

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Manufacturers Overview:

PPG Industries
Arkema SA
SIKA AG
RPM International
Axalta Coating Systems
Wacker Chemie AG
B.M. REAL INTERNATIONAL
HEMPEL A/S
Acrylic Surface Coatings Market Competitive Landscapes:

The global acrylic surface coatings is a highly mature market, which is majorly driven by the rapid growth in the building & construction industry, along with the growing transportation sector on the backdrop of rising global trade.

The market accommodate significant number of major players, yet the market share is dominated by the leading five companies namely, Axalta Coating Systems, PPG Industries, RPM International Inc., and The Valspar Corporation are the substantial manufacturers in this market. Most of these companies are primarily adopting the business tactics such as capacity expansion, product launch, and launch of new facility to further strengthen their market position and earn sizeable revenue.

Industry/ Innovation/ Related News:

October 16, 2017- The U.S. based global manufacturer and supplier of innovative coatings materials Axalta Coating Systems, has increased the scope of its industrial coatings product called Tufcote in line with the Tufcote Hydro 2.1 HG and Tufcote Hydro LV HG waterborne acrylic products. These new waterborne coatings product market is formulated to serve the vast demand for industrial products and can also be used on metal, wood, and plastic surfaces, which is likely to widen the application scope of the product to gain sizeable revenue in coming years.

October 17, 2017- The Coil and Extrusion Coatings division of Sherwin-Williams, the U.S. based company which engages in development and sell of building materials, has launched a product called Valspar Acrylicoat. This new product is a coating and resin system, which confers a smooth, glass-like finish and hard surface on the extruded aluminum architectural products. Acrylicoat is primarily manufactures to serve high-traffic residential and industrial areas, and it is ideal for the door frames, column covers, windows, metal panels and other aluminum extrusions in both exterior and interior environments.

July 21, 2017- RPM International Inc. has announced that it has acquired Key Resin Company, a manufacturer of polymer flooring and coating systems. The Key Resin Company will operate as one of RPM’s Euclid Group of companies. Headquartered in Batavia, Ohio. The company has annual net sales of approximately $25 million. It sells directly to contractors and facility owners, enabling Key Resin to provide highly insightful and responsive customer service and technical support.

June, 2017- One of the India's leading paints and coatings manufacturer, Berger Paints Ltd. has recently acquired the specialty coatings manufacturer Saboo Coatings Pvt. Ltd. According to the terms of an agreement the deal was closed at USD 12.24 USD. The acquisition of Saboo Coatings, which engages in manufacturing specialty liquid coatings to serve agricultural and construction equipment, automobiles, electronics, handicrafts and home furnishing, is expected boost the consumer and in turn revenue for the Berger Paints.

Dec. 21, 2016- RPM International Inc. has acquired SPS Group (SPS), a Dutch decorative and specialty coatings company having annual net sales of approximately $60 million. The company is near Amsterdam, the Netherlands. The SPS now operates as part of RPM's Rust-Oleum European business. This is likely to provide boost to the production capacity and sale of RPM coating products in Western Europe region.

July 25, 2016-

PPG Industries, Inc. has introduced AQUACRON® 200 Series coating, a waterborne acrylic urethane. The product line is dedicated to an exterior of building products that offers robust protection for wood, fiber glass, plastic, vinyl and composite substrates. The coating also can be formulated with heat-reflective pigments to enhance the durability and appearance of heat-sensitive substrates such as vinyl and polyvinyl chloride (PVC). The development may propel growth in demand for the product in construction sector

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Segmentation:

The Market is segmented on the basis of the substrate, technology, end-use industry, and region.

Based on the substrate the market is categorized into concrete, metal, plastics, wood, and others.

By technology, the market is classified into waterborne, solvent-borne, powder, and radiation curable.

On the basis of end-user industry, the global acrylic protective coating market is segmented into building & construction, automotive, aerospace & defense, marine, furniture making, and others.

Regionally, there five key regions in which the market is studied: North America, Europe, Asia Pacific, the Middle East & Africa, Latin America,

Intended Audiences:

Acrylic surface coating Manufacturers

Traders and distributors of acrylic surface coating

Research and development institutes

Potential investors

Raw material suppliers

Nationalized laboratory