DUBLIN, July 05, 2021– (BUSINESS WIRE) – The report “Faux Finish Coatings – Global Market Trajectory & Analytics” has been added to ResearchAndMarkets.com offer.

The global faux finish coatings market, estimated at US $ 6.7 billion in 2020, is expected to reach a revised size of US $ 9.2 billion by 2026, growing at a CAGR of 5.4% over the analysis period.

Casts, one of the segments analyzed in the report, is expected to grow at a CAGR of 5.6% to $ 3.3 billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the metals segment is readjusted to a revised CAGR of 5.9% for the next 7 year period.

This segment currently represents a 24.9% share of the global faux finish coatings market. The growth of the Plasters segment can be attributed to the increasing use of plaster in various industries such as infrastructure development and building and construction.

The expansion of the construction industry and the continuous increase in architectural services are the two major growth factors in the global market. Market growth is enhanced by the steady growth of the architecture and building and construction sectors, creating a strong demand for faux finish coatings, including metal and wall glazing.

These coatings will experience increasing adoption as decorative paint finishes in construction applications mimic the appearance of materials such as wood, marble, and stone. The growing need to make interiors aesthetically appealing, coupled with many benefits such as superior finish and savings in labor costs, is expected to drive global demand.

Rising consumer spending for home painting and decorating applications is expected to drive market demand. Market growth is facilitated by infrastructure initiatives like the European Framework for Sustainable Buildings to make structures sustainable and environmentally friendly.

The story continues

The US market is estimated at $ 2 billion in 2021, while China is expected to reach $ 1.3 billion by 2026

The faux finish coatings market in the United States is estimated at US $ 2 billion in 2021. The country currently accounts for a 28.52% share of the global market. China, the world’s second-largest economy, is expected to reach an estimated market size of US $ 1.3 billion in 2026, with a CAGR of 7.4% during the analysis period.

Other noteworthy geographic markets include Japan and Canada, each forecasting growth of 3.8% and 4.4% respectively over the period of analysis. In Europe, Germany is expected to grow by around 4.6% CAGR while the rest of the European market (as defined in the study) will reach $ 1.5 billion by the end of the analysis period. .

The North American market benefits from a notable contribution from the United States and the presence of leading players in the region. The US market is fueled by the increase in residential and commercial construction activity as well as the high adoption of these coatings in the architectural industry. The market benefits from large-scale projects announced by various companies. Faux finish coatings are seeing strong adoption in new residential and non-residential projects, mainly in developing regions.

Wall Glazing Segment To Reach $ 1.6 Billion By 2026

Wall glazing, another key segment, is widely used in commercial, industrial and residential sectors due to its unique properties such as improving thermal efficiency. Wall glazing makes walls aesthetically appealing and allows natural light to penetrate deeper into the building.

In the global wall glass segment, the United States, Canada, Japan, China and Europe will lead the estimated 6% CAGR for this segment. These regional markets representing a combined market size of US $ 878.3 million in 2020 will reach a projected size of US $ 1.3 billion by the end of the analysis period. China will remain among the fastest growing countries in this group of regional markets.

Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach $ 243.8 million by 2026, while Latin America will grow at a CAGR of 7 , 6% during the analysis period.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

• Impact of COVID-19 on the faux finish coatings market

• The slowdown in construction sector projects is impacting demand

• An introduction to faux finish coatings: decorative paint finishes add a touch of elegance to surfaces

• Faux-finishes: Techniques

• Products and tools for faux finish coatings

• Faux Finish Coatings Market Shows Shades of Vibrant and Striking Shades of Dynamism: Global Outlook and Outlook

• Salient factors driving global demand

• Main market constraints

• Segment overview: Plasters and Building and construction: main market segments

• Regional Analysis: US Sweeping Faux-Finish Coatings Market with Dominant Participation

• Competitive scenario

2. FOCUS ON SOME PLAYERS (Total 29 featured)

• Anvil Paints & Coatings, Inc.

• Benjamin Moore & Cie.

• False Effects International Inc.

• PPG Industries, Inc.

• The Sherwin-Williams Company

3. MARKET TRENDS AND FACTORS

• Building and construction: major end-use sector for faux-finish coatings

• Construction industry trends influence market adoption

• Renovations and renovations of buildings: a leading revenue-generating vertical

• A brief overview of the architectural coatings market

• Sustained opportunities in the furniture sector

• Top 5 furniture exporting and importing countries

• COVID-19 derails momentum in furniture industry in 2020

• Growing emphasis on interior design drives demand

• Innovative interior design concepts and creative finishing ideas influence the market

• Green panel housing benefits from the “Go Green” trend

• Strict government regulations drive demand for eco-friendly faux finish coatings

• Favorable demographic and macroeconomic trends strengthen market outlook

• Rapid urbanization to stimulate demand prospects

• Population growth

• Booming middle class population

4. WORLD MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information on this report, visit https://www.researchandmarkets.com/r/n9etvh

View the source version on businesswire.com: https://www.businesswire.com/news/home/20210705005196/en/

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