About the Report
Demand for stain resistant coatings has been following an upward curve since the past decade. While the COVID-19 pandemic has unprecedentedly taken a toll on market growth, recovery followed with the commencement of vaccination and adoption of the ‘new normal’. While requirement for stain resistant architectural coatings is majorly driving the market, increasing applications in textile softeners & repellents is expected to further boost sales.
A latest market study on stain resistant coatings by Fact.MR offers detailed insights of demand-supply trajectories, with special focus on key regions such as Asia Pacific, Europe, and North America for the forecast period of 2021 to 2031.
Historical Vs. Future Outlook on Stain Resistant Coatings
Stain resistant coatings have gained wide popularity in the past years owing to their properties of resisting stains caused by abrasion, weather change, UV fading, and other factors. Rise in research & development (R&D) activities by manufacturers to bring in more efficient and affordable range of products has further positively impacted the industry during the last 5 years from 2016 to 2020.
High requirement from architecture, textile, and cookware industries is substantially raising the market value for stain resistant coatings. Additionally, higher preference for water-based stain resistant coatings in textiles, medical, buildings, and healthcare is projected to fuel sales over the coming years. According to Fact.MR, the global stain resistant coatings market is projected to expand at close to 7% CAGR through 2031.
Why is there Growing Requirement for Stain Resistant Coatings from the Textile Industry?
Stain resistant coatings are extensively used in the textiles industry owing to their ability to resist staining or change in original pigmentation, opaqueness, and appearance of textile materials due to staining agents.
According to a report titled “Textiles Industry Spotlight”, published by Select USA, the United States textile and apparel industry is nearly a US$ 70 billion sector when measured by value of industry shipments in 2018. As per the report, the U.S. textile industry is one of the most significant sectors of the manufacturing industry, and ranks among the top markets in the world by export value - US$ 23 billion in 2018. Despite facing decline in growth amidst the pandemic in 2020, the industry is likely to expand steadily, similar to other regional market, resulting in increase in demand for stain resistant coatings across the globe.
What are the Key Challenges Faced by Stain Resistant Coating Manufacturers?
Stain resistant coating manufacturers often face hurdles due to the costly production procedure. Also, this type of coating is often considered as a luxury and not a necessity in small residential and commercial architectural projects. Furthermore, a few negatives of stain resistant coatings make their adoption challenging among end users, such as-
- Process cycle of stain resistant coatings emit harmful substances and impact the environment
- Stain resistant coating materials are often non-degradable and may cause environmental hazards
However, overall advantages of using stain resistant coatings across diverse end-use sectors outpace their few negatives.
Why are Sales of Resistant Coatings Gaining Momentum in China?
China has emerged as the epicenter of the world’s fastest-growing stain resistant coatings market - Asia Pacific. Well-developed textiles and transportation industry and robust demand from the architecture industry are forecast to raise the revenue of players in China’s stain resistant coatings industry.
As stated by the China National Textile and Apparel Council, textile and garment sector exports in China grew by an annual rate of 7% from 2015 to 2020, and the export value of fiber products reached at US$ 400 billion in 2020. As per data revealed by the China National Textile and Apparel Council, China is the world’s largest and biggest textile cloth manufacturer and exporter, which contributes 7% to China’s GDP. These statistics represent the lucrative opportunities awaiting stain resistant coating manufacturers in China.
What Makes Germany Dominate Europe’s Stain Resistant Coatings Industry?
Germany is leading in the world’s second-largest stain resistant coatings industry – Europe, and is predicted to sustain its position during the forecast period. Requirement for a variety of stain resistant coating materials such as PTFE, ETFE, and others, coupled with rising demand for architectural coatings, is spurring growth in the country.
According to a report titled “The Architectural Profession in Europe 2018- A Sector Study”, published by the Architects’ Council of Europe, the architecture industry in Europe is expanding steadily with the total number of architects having increased by 24% from 2008 to 2018, while Germany is among the top 5 dominating countries in this industry. As per the report, out of 562,000 architects in Europe, 111,000 are from Germany, as of 2018. These figures imply the high demand for architectural stain resistant coatings in Germany.
Why is the U.S an Attractive market for Stain Resistant Coatings?
The United States, being the leader in North America, is expected to witness impressive growth in the near future. Backed by highly advanced manufacturing infrastructure and robust demand from the architecture and transportation industry, the U.S. is in the spotlight for key players.
As per a report titled “Logistics and Transportation Spotlight- The Logistics and Transportation Industry in the United States”, published by Select USA, the logistics and transportation industry in the U.S. is highly progressive, while international and domestic companies in this industry are flourishing on highly skilled workforce and relatively low costs. As stated in the report, U.S. business logistics costs reached US$ 1.6 trillion in 2018, representing 8% of the Gross Domestic Product (GDP) in that year. This gives a glimpse of the growing opportunities for stain resistant coatings in the U.S., as these are largely used for equipment coating purposes.
How are Manufacturers of Stain Resistant Coatings Capitalizing on High Potential in Japan?
Japan, having highly advanced architecture and transportation sectors, has emerged lucrative for stain resistant coating suppliers. With increase in demand for water-based stain resistant coatings across diverse end-use sectors, Japan is expected to exhibit significant growth in the sales of stain resistant coatings.
According to the Government of Japan, the architecture and construction industry is highly advanced and progressive in the country, while sustainable development goals have major contribution in strengthening Japan’s infrastructure. As per the report, some of the top factors driving architectural and infrastructural growth in Japan are-
- Technologies for local needs
- Long-term commitment
- Lifecycle economic efficiency
This depicts high growth scope for stain resistant coating suppliers in Japan.
Which Technology of Stain Resistant Coatings is Most Popular?
Presently, water-based stain resistant coatings witness the highest demand in terms of technology, and this segment is expected to remain in the limelight throughout the forecast period. Some of the properties of water-based stain resistant coatings that make them highly sought-after are-
- Provide better resistance to abrasion and heat
- More efficient in resisting UV fading
- Low flammability and toxicity due to low VOC levels and HAP emissions
- Provide excellent adhesion
Another key segment in this category aiding the growth of manufacturers is solvent-based stain resistant coatings.
Why are PTFE Stain Resistant Coatings Most Sought-after?
High demand for Polytetrafluoroethylene or PTFE has been boosting the growth of stain resistant coating suppliers since the past decade. Due to them being highly heat, cold & chemical resistant, and having excellent service life, PTFE stain resistant coatings see high demand across diverse end-use industries, starting from textiles to transportation.
Other key segments in this category are Siloxane Copolymers, Ethylene Tetrafluoroethylene (ETFE), Polyvinylidene Fluoride (PVDF), and other chemistries.
Which Application of Stain Resistant Coatings Accounts for the Highest Sales?
Presently, architectural coatings is the leading application segment. Despite seeing temporary decline due to the onset of the COVID-19 pandemic, high demand for stain resistant coatings in the architectural industry is propelling the growth of manufactures. As the number of residential, industrial, and commercial architectural projects are anticipated to rise further, application in this sector is expected to fuel the sales of suppliers.
Other key applications of stain resistant coatings are textile softeners & repellents, cookware & bakeware, and transportation.
The global stain resistant coatings market is fragmented and highly competitive for key players. In order to secure their positions, key market players are emphasizing on the quality of their products, while launching new products more frequently. For instance,
- Nanotex LLC launched its new extensive range of products such as Nanotex® Resist Spills, Nanotex® Release Stains, and others, during the last 5 years.
- Crypton LLC launched its new range Crypton® Stain Resistant Fabric Solutions a couple of years back.
Some of the key players manufacturing stain resistant coatings are-
- 3M Company
- Akzo Nobel N.V.
- APV Engineered Coatings
- Axalta Coating Systems, LLC
- BASF SE
- Crypton LLC
- Nanotex LLC
- ICL Phosphate Specialty
- Nippon Paint Co., Ltd.
- PPG Industries
- Teijin Frontier Co., Ltd.
- The Chemours Company
- The Dow Chemical Company
- The Sherwin-Williams Company
*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report
Historical Data Available for
USD Million for Value
Key Regions Covered
Key Countries Covered
Key Segments Covered
Key Companies Profiled
Customization & Pricing
Segmentation by Category
- Other Technologies
- Siloxane Copolymers
- Polytetrafluoroethylene (PTFE)
- Ethylene Tetrafluoroethylene (ETFE)
- Polyvinylidene Fluoride (PVDF)
- Other Chemistries
- Architectural Coatings
- Textile Softeners & Repellents
- Cookware & Bakeware
- Other Applications
- North America
- Latin America
- Middle East and Africa (MEA)
- East Asia
- South Asia
Key Questions Answered in Report
- Which are the top companies manufacturing stain resistant coatings?
Some of the top companies providing stain resistant coatings are 3M Company, Akzo Nobel N.V., APV Engineered Coatings, and The Chemours Company.
- Which are some of the lucrative markets for stain resistant coatings?
China, the United States, Germany, the United Kingdom, Japan, Italy, France, and a few others are lucrative markets for stain resistant coatings, and are expected to dominate throughout the forecast period.
- Which materials account for the high sales of stain resistant coatings?
Presently, Siloxane Copolymers and PTFE are the mostly sought-after in terms of chemistry and material, and are expected to keep leading over the forecast period of 2021 to 2031.
- Which are the main applications of stain resistant coatings?
Presently, key application area of stain resistant coatings are architectural coatings, textile softeners & repellents, and cookware & bakeware, which are expected to fuel sales over the coming years.
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Stain Resistant Coatings Market - Scope of Report
A recent study by Fact.MR on the stain resistant coatings market offers a 10-year forecast from 2021 to 2031. The study analyzes crucial trends that are currently determining market growth. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players associated with stain resistant coatings. The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period.
A detailed assessment of the value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the stain resistant coatings market, along with their product portfolios, enhances the reliability of this comprehensive research study.
The study offers comprehensive analysis on diverse features, including demand, product development, revenue generation, and sales of stain resistant coatings across regions.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account sales during the forecast period. Price point comparison by region with global average price is also considered in the study.
Fact.MR’s research study assesses the global stain resistant coatings market in terms of technology, chemistry, application, and region. This report presents extensive market dynamics and trends associated with different segments of the market, and their influence on the growth prospects of the market.
Key Questions Answered in Report
- Which are the most lucrative markets for stain resistant coatings?
- Which factors will impact demand for stain resistant coatings?
- How will changing trends impact the strategies of market players?
- How can market players capture the low-hanging opportunities across regions?
- Which companies are leading the stain resistant coatings market?
- What are the winning strategies of stakeholders in the stain resistant coatings landscape?
Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the market during the forecast period.
Country-specific valuation on demand for stain resistant coatings and products has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value for emerging countries has also been included in the report.
In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the stain resistant coatings market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the drawn conclusions.
Secondary resources referred to by analysts during the preparation of the market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of the research report as a primary resource.
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