The exterior architectural coating is the product applied to commercial and residential buildings to protect their surface and enhance its appearance. These exterior architectural coatings protect a building from UV radiations, moisture, and microbes. Varnishes, paints, stains, lacquers, and primers are some of the general types of exterior architectural coating products.
These products are formulated using various types of resins such as polyester, alkyds, acrylic, and polyurethane. The global exterior architectural coating market can be broadly classified by technology as water-borne and solvent-borne. Growth in the construction of new homes and renovation of existing homes predominantly in the higher end of real estate market is expected to fuel the growth of exterior architectural coating market over the forecast period.
The global exterior architectural coatings market is expected to witness a significant growth during the forecast period owing to the growth of infrastructure industry and increase in construction projects in emerging economies including India,