Growing demand from end-use industries is likely to be a major factor triggering the market over the forecast period. South East Asia Construction Coatings Market is projected to reach USD 6.65 billion by 2025, according to a new report by Grand View Research, Inc.
Water borne segment accounted for a major volume share in SEA market in 2016. The growing infrastructure development in economies including Indonesia, Thailand, Philippines, and Vietnam is likely to drive the demand for the product over the forecast period. Powder coatings are expected to witness significant growth, in terms of revenue, from 2017 to 2025.
Increasing government investments in construction is anticipated to drive the market over the forecast period. Increasing use of construction coatings for waterproofing and protective application is likely to propel product demand further.
Most market leaders in the region are integrated throughout the value chain. This provides the companies with an advantage in the procurement of raw materials to the manufacturing of the finished product thus maintaining the economies-of-scale to the optimum level.
To Know More About South East Asia Construction Coatings Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/south-east-asia-construction-coatings-market
For instance, BASF has been serving various industries through its integration across the value chain. The company develops, manufactures, and distributes a comprehensive range of raw materials and end products.
Top players of South East Asia Construction Coatings Market:
BASF, AkzoNobel NV, DuPont, Performance, Coatings, PPG Industries, and Asian Paints are some of the major manufacturing companies in construction coatings for end-use industries in the SEA region.
Market Segmentation of South East Asia Construction Coatings Market:
South East Asia Construction Coatings Market Segmented on the basis of Product and End Use.
By Product:
Powder coatings
Water borne coatings
Solvent borne coatings
By End Use:
Residential
Non-residential
Infrastructure
Inquire about South East Asia Construction Coatings Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4863
Water borne segment accounted for a major volume share in SEA market in 2016. The growing infrastructure development in economies including Indonesia, Thailand, Philippines, and Vietnam is likely to drive the demand for the product over the forecast period. Powder coatings are expected to witness significant growth, in terms of revenue, from 2017 to 2025.
Increasing government investments in construction is anticipated to drive the market over the forecast period. Increasing use of construction coatings for waterproofing and protective application is likely to propel product demand further.
Most market leaders in the region are integrated throughout the value chain. This provides the companies with an advantage in the procurement of raw materials to the manufacturing of the finished product thus maintaining the economies-of-scale to the optimum level.
To Know More About South East Asia Construction Coatings Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/south-east-asia-construction-coatings-market
For instance, BASF has been serving various industries through its integration across the value chain. The company develops, manufactures, and distributes a comprehensive range of raw materials and end products.
Top players of South East Asia Construction Coatings Market:
BASF, AkzoNobel NV, DuPont, Performance, Coatings, PPG Industries, and Asian Paints are some of the major manufacturing companies in construction coatings for end-use industries in the SEA region.
Market Segmentation of South East Asia Construction Coatings Market:
South East Asia Construction Coatings Market Segmented on the basis of Product and End Use.
By Product:
Powder coatings
Water borne coatings
Solvent borne coatings
By End Use:
Residential
Non-residential
Infrastructure
Inquire about South East Asia Construction Coatings Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4863
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