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Dec 02 2021 cmi yogesh

When used in infrastructure, paint protects walls and equipment that are constantly exposed to heat and rain

 Paints and coatings have grown in popularity, particularly in residential and commercial complexes. Because of recent architectural building innovations, the use of paints in enhancing decor has seen a surge in demand. Plastic emulsion paints' enormous popularity in this sector can be attributed to their constituents' lower VOCs and odor.

 Another advantage of using paint in infrastructure is that it protects walls and equipment that are constantly exposed to heat and rain. Aside from adding gloss and color to the surface, paints also provide a durable finish, increasing their resistance to external environmental extremes. Waterborne paints and coatings are expected to dominate the Paints and coatings market, accounting for more than 35% of the global construction paints and coatings volume share. Water-based products have grown in popularity due to their excellent leveling properties and compliance with environmental regulations.

 Solvent-based coatings, as well as powder, radiation cure, and specialty coatings, have made their mark in the construction paints and coatings market. Because of the VOCs released during application and the negative impact on the environment, solvent-based paints are expected to see a decline in demand. Stringent regulations governing VOC content in finished products are expected to reduce demand for solvent-based paints and coatings in the future. High commercialization rates of waterborne alternatives with low VOC content are expected to provide participants with lucrative opportunities.

 Consumer preferences for less toxic paints and coatings that provide high-quality performance are expected to drive R&D initiatives in construction paints and coatings. Over the forecast period, recent advances in paint technology are expected to drive demand for high-quality water-based paints and coatings. Technological advancements play a significant role in product differentiation and cost control in manufacturing. The technology chosen is determined by the type of paint and the industrial applications associated with it. Environmental compliance is an additional requirement for these methods' manufacturers.

 Increasing infrastructure spending has been critical to the economic development of major economies like India, China, Indonesia, Brazil, and the United Arab Emirates. Rising consumer disposable income is also expected to fuel investment in residential properties. Consumer awareness of architectural paintings is expected to drive demand for non-toxic paints and coatings in residential and commercial applications.

 Solvent-based coatings, as well as powder, radiation cure, and specialty coatings, have made a name for themselves in the construction paints and coatings industry. Solvent-based paints are expected to see a decline in demand due to the VOCs released during application and the negative impact on the environment.


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