Global Faux Finish Coatings Market 2018-2022| Key Factors Driving Growth| Technavio
August 14 2018 - 9:23AM
Business Wire
Technavio analysts forecast the global faux finish
coatings market to grow at a CAGR of nearly 7% during the
forecast period, according to their latest market research
report.
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Technavio has published a new market
research report on the global faux finish coatings market from
2018-2022. (Graphic: Business Wire)
The use of cement paint as faux finish coating is one of the
major trends being witnessed in the global faux finish coatings
market 2018-2022. One of the emerging trends is the use of
cement paint as a decorative accessory in residences. Cement paint
imparts the look of plain cement to concrete surfaces and other
surfaces such as concrete coasters and candle holders. Cement paint
can give light gray, soft textures finish to the objects while
replicating the look and feel of cement. Cement paint can be easily
used on wood, metals, plastics, and ceramics. The only drawback of
cement paint is that the paint is recommended for indoor use only
and cannot be used for cement or concrete surfaces.
This report is available at a USD 1,000 discount for a
limited time only: View market snapshot before
purchasing
According to Technavio analysts, one of the key factors
contributing to the growth of the global faux finish coatings
market is the increasing demand for faux coatings from the
construction industry:
Global faux finish coatings market:
Increasing demand for faux coatings from the construction
industry
The growth of the faux finish coatings market is affected by new
residential and non-residential constructions, especially in
emerging markets. The inclination toward home decoration and home
painting is expected to drive the demand for faux coatings.
According to a senior analyst at Technavio
for research on paints, coatings, and pigments, “Regions such as
APAC, is the fastest-growing decorative coatings market, which is
driven by several countries, including India and China. The
remodeling of the existing buildings will also fuel the sales of
faux finish coatings during the forecast period. Urbanization in
many developing countries such as China, India, the Philippines,
and Indonesia drive the demand for faux finish coatings.”
Global faux finish coatings market:
Segmentation analysis
The global faux finish coatings market research report provides
market segmentation by product (plasters, metallics, wall glazing,
and marbleizing) and by region (the Americas, EMEA, and APAC). It
provides an in-depth analysis of the prominent factors influencing
the market, including drivers, opportunities, trends, and
industry-specific challenges.
The plasters segment held the largest market share in 2017,
accounting for nearly 30% of the market. This product segment is
expected to dominate the global market throughout the forecast
period.
APAC led the market in 2017 with a market share of nearly 37% of
the market share. The market share occupied by this region is
anticipated to increase by nearly 2% during 2018-2022.
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- Market characteristics
- Market segmentation analysis
Market Sizing
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Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com