The global architectural coatings market will exceed 33 million tons in 2019

Recently, IRL released the global architectural coatings market trend forecast report for the first time. The architectural coatings market will continue to maintain steady growth. It is expected to exceed 33 million tons in 2019, with an average annual compound growth rate of around 4%, twice the global economy. Forecast of total growth prospects. The global market capacity of architectural coatings will increase from 49 billion euros in 2014 to 61 billion euros in 2019.

Although the use of coatings is still low compared to developed countries, the Asian market is still the first to trade in the architectural coatings market. Among them, China’s architectural coatings market is more important. By comparing the forecast report of China’s coatings market released by IRL at the beginning of the year, it is roughly estimated that China’s architectural coatings market accounts for about 19% of the global architectural coatings market capacity.

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