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IRL releases architectural coatings global market report.

Information Research Company (IRL) has released an in-depth analysis of the top global markets for architectural coatings, covering market shares and prices in its analysis for the first time.

IRL is offering a detailed and comprehensive guide to this sector of the coatings industry. The reports provide, for each key country covered (21 countries in total), consumption estimates in both volume and value terms, with 2014 as the base year and forecasts to 2019. In its two-tiered approach, top-level data is also available for the remaining countries covered in our global database (~100 countries).

IRL estimates global sales of architectural paints and coatings to have reached almost 27 million metric tons in 2014, with sales expected to reach over 33 million metric tons by 2019.

The information in IRL's reports is based on a comprehensive program of telephone interviews with key players in each country market, backed up by thorough secondary research and IRL's in-house database of global paints and coatings market data.

IRL has identified over 120 of the leading companies in the major global markets, providing market shares in volume terms for each country.

The geographic coverage includes the following countries: Germany, United Kingdom, Spain, Italy, France, Poland, Russia, Saudi Arabia, UAE, South Africa, Turkey, China, Japan, South Korea, India, Indonesia, USA, Canada, Mexico, Brazil and Argentina.

In terms of value, global sales of architectural coatings reached $61 billion/49 [euro] billion in 2014. Asia accounted for the largest share of the market value despite having a substantially lower average price compared to Western economies.

The majority of the market value was generated by sales of Vinyl/Styrene/VAE paints, followed by Pure Acrylic paints. The average price across these two categories varies substantially, with the latter being much more costly. The share of Pure Acrylic has been increasing in recent years and although it still has a small share in volume, it already accounts for a substantial share of the value.

All research was undertaken between July and October 2015 from our offices in London, New Jersey, New Delhi and Beijing. The research took the form of an extensive telephone interview programme with senior executives at major coatings companies in each of the countries covered. The information provided has been crosschecked and validated using other online information, published statistical data and trade association data.

Country reports are priced individually, and will be available to purchase online at IRL's website: www.informationresearch.co.uk.

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Title Annotation:Market Reports
Publication:Coatings World
Date:Dec 1, 2015
Words:406
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