Global building exterior wall coating the size of the market is expected to reach 390 by 2024. 400 million dollars

Market research firm observatory study ( 大观点研究) Recently, according to a study published in 2024, the global building exterior wall coating market is expected to reach 390. $400 million, 2016 and 2024 annual compound growth rate of about 6. 4%. Is expected in the next eight years, the study said, it will gain market development, including the function advantage, such as weather resistance and moisture resistance, beautiful and better adhesion and lasting. In addition, the Asian countries government funding for infrastructure development will expand the exterior wall coating market demand. Water-based coating of demand growth will exceed the traditional coating, because it is cheaper and more environmentally friendly, and will promote the growth of the market. Primers expect a high income growth, from 2016 to 2024, a compound annual growth rate of 6. 4%. In 2015, the housing exterior wall coating income of about $8. 2 billion, the asia-pacific region is expected to fast-moving consumer goods, information technology, telecommunications, membrane electrode assembly and the retail business to grow. In addition, rapid industrialization, increasing the foreign direct investment and government spending on infrastructure will promote the market growth. 2015 global demand for exterior wall coating is about 7. 12 million tons, is expected to be in India, Saudi Arabia, Thailand, Indonesia and the United States, the rapid development of the infrastructure of high profits. North America will account for 2015 22 in the global market. 6%, the United States, Canada, and Mexico's construction activity is expected to increase. In addition, 2014 - Mexico 2018 national infrastructure project is expected to promote product growth forecast period. Latin American income is expected to surge, from 2016 to 2024, a compound annual growth rate of 6. 4%, which is mainly due to the basf, xuanwei, akzo Nobel and so on the participation of different participants. Increase the intensity of government make up the housing shortage of Brazil, provide cheap housing, this will stimulate the product demand forecast period.