Dhiraj Kumar

The market for low-VOC coatings is projected to grow from $128.6 billion in 2024 to $154.9 billion by 2029, at a compound annual growth rate of 3.8% during the forecast period.

Significant growth of the construction industry, environmentally friendly characteristics, durability, and better aesthetic appearance are all driving architectural coatings consumption. Increasing investments in emerging markets and less-regulated regions provide growth opportunities for market players.

Nanotechnology is an emerging field that is enabling breakthroughs of new and effective tools in the coatings industry. The trends and developments mentioned in this article are a few hot bets expected to impact the coatings industry in the coming years.

The market for architectural coatings is projected to grow from $85.1 billion in 2023 to $102 billion by 2028, at a CAGR of 3.9%. Read about key factors that provide market players with growth opportunities, as well as the potential challenges players could face during the forecast period.

The utilization of hydrophilic coatings offers numerous advantages, including enhanced biocompatibility, lubricity, durability, corrosion resistance, and antifouling properties. This type of coating is used across diverse industries, including medical devices, automotive, aerospace, marine, optical, and consumer goods.