Chemicals and Materials Stain Resistant Coatings Market New | Page 2

The transportation segment is projected to grow at the highest CAGR during the
forecast period
In terms of application, the transportation segment is expected to grow at the highest CAGR
between 2016 and 2026, owing to the extensive use of stain resistant coatings in the
production of automotive components. In addition, growth in the transportation sector in
countries such as China and India has further contributed to the increasing demand for stain
resistant coatings.
The Asia-Pacific region is expected to lead the global stain resistant coatings market
Asia-Pacific is the largest market for stain resistant coatings, in terms of value, followed by
Europe and North America. China, the U.S., and Germany are the biggest consumers of stain
resistant coatings. Availability of raw materials & cheap labor and significant domestic
demand for stain resistant coatings are factors contributing to the growth of the Asia-Pacific
stain resistant coatings market. The growth of stain resistant coatings market in North
America is expected to be driven by the U.S., especially by its architectural coatings and
electronics applications.
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Manufacturers operating in global market such as PPG Industries (U.S.), Inc., Akzo Nobel N.V.
(Netherlands), E. I. Du Pont de Nemours and Company (U.S.), The Dow Chemical Company
(U.S.), and The 3M Company (U.S.). These manufacturers focus on increasing their regional
presence by adopting strategies such as expansions and new product developments.
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