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The Stain-resistant Coatings Market will register a CAGR of over 5% by 2023

LONDON, Dec. 17, 2018 /PRNewswire/ -- About this market

The emergence of green coating technologies to drive the market growth. New coatings are expected to enhance the coating efficiency and reduce the consumption volumes of stain-resistant coatings. Technavio's analysts have predicted that the stain-resistant coatings market will register a CAGR of over 5% by 2023.

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Market Overview
Developing construction industry
The burgeoning construction industry is another major contributor to the market. Stain-resistant coatings are being increasingly used as proactive coatings for paints, furniture, glass, and other materials used in the construction industry.
Volatility in raw material prices
Volatility in raw material prices can lead to shipment delays from supplier to negatively impact the overall manufacturing of stain-resistant coatings.
For the detailed list of factors that will drive and challenge the growth of the stain-resistant coatings market during the 2019-2023, view our report.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies including 3M and Akzo Nobel the competitive environment is quite intense. Factors such as the emergence of green coating technologies and the burgeoning construction industry, will provide considerable growth opportunities to stain-resistant coatings manufacture. 3M, Akzo Nobel, BASF, DowDuPont, and PPG Industries are some of the major companies covered in this report.

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The Stain-resistant Coatings Market will register a CAGR of over 5% by 2023
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