Global Architectural Coatings Market Opportunities and Forecast 2023-2030

  •   DLR2512
  •   September, 2023
  •   Pages: 120
  •  Global
Architectural Coatings Market Overview

The Architectural Coatings Market had a market value of $63.3 billion in 2022, and is anticipated to rise at a CAGR of 5.9% from 2023 to 2030 to reach $107.9 billion.

Architectural coatings are a type of coatings used in the building and construction sector. Generally, architectural coatings are designated for specific applications such as roof coatings, wall paints, or deck finishes and are mainly employed for performing certain decorative, durable, and protective functions. The global Architectural Coatings market has been expanding at a significant rate over the past few years. The massive increase in the number of residential buildings across the world is one of the key reasons to boost the growth of the Architectural Coatings market.

Furthermore, the growing financial and social status of the population, particularly in developing countries, this factor supports to raise the growth of the market steadily. Moreover, growth in environmental awareness has led to the introduction of quality products in the architectural coatings market. In addition to this, increasing investment in infrastructure, stringent environmental regulations, growing purchasing power, and the rising demand for green and environmentally friendly coatings are some other important factors remarkably propelling the growth of the Architectural Coatings market.

Covid-19 Impact on Architectural Coatings Market

The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world

Architectural Coatings Market Segment Overview

Based on the Resin, the Acrylic segment accounted for the maximum share in the Architectural Coatings Market. This is because it is used in major architectural coatings. The weathering and oxidation resistance of acrylics is better than oil-based paints, alkyds, or epoxies as the main components of acrylic polymers provide a polymer structure that has little tendency to absorb UV light. Additionally, acrylics have good color and gloss retention. They are well known for their durability as they protect the underlying substrate from degradation caused by exposure to rain, snow, wind, and UV light. According to Technology, the Water-based segment has significant growth in the market. Water-based architectural coatings are preferred more as compared to other types of architectural coatings, owing to it is environment-friendly.

Architectural Coatings Market, By Resin

·       Acrylic
·       Alkyd
·       Vinyl
·       Polyurethane
·       Others

Architectural Coatings Market, By Technology

·       Water-based
·       Solvent-based
·       Powder Coating

Architectural Coatings Market, By End-User
  • Residential
    • New Building
    • Reconstruction
  • Non-Residential
    • New Building
    • Reconstruction
Architectural Coatings Regional Overview

Region-wise, Asia Pacific dominated the global Architectural Coatings market. China contributes significantly to the market. Rapid urbanization is boosting the architectural coatings market in China. Moreover, demand from the furniture market and availability of resins such as polyurethane and acrylic are expected to have a significant impact on the architectural coatings market in India. Likewise, the market in Europe is expected to witness significant growth during the forecast period. Innovation in coating products and the growing consumer demand for specialized & sustainable coating solutions are propelling the architectural coating market in Europe.

Architectural Coatings Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Architectural Coatings Market Competitor overview

Some key developments and strategies adopted by manufacturers in Architectural Coatings are highlighted below.

·       In August 2021, PPG announced the introduction of PPG ENVIROCRON™ PCS P4 powder coatings for architectural, home décor and furniture applications. This latest generation of powder coatings meets the growing demand for matte and premium-textured finishes in applications ranging from aluminum and steel substrates for building construction to urban and office furniture.

Architectural Coatings Market, Key Players

·       The Sherwin –Williams company
·       PPG Industries Inc.
·       Akzo Nobel
·       Kansai Paints Co., Ltd.
·       Asian Paints Limited
·       Nippon Paint Holdings Co., Ltd.

Architectural Coatings Market Study Global Market Analysis, Insights and Forecast, 2023-2030

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Architectural Coatings Market Analysis (USD Billion), Insights and Forecast, 2023-2030

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Resin
        • 5.2.1. Acrylic
        • 5.2.2. Alkyd
        • 5.2.3. Vinyl
        • 5.2.4. Polyurethane
        • 5.2.5. Others
      • 5.3. Market Analysis, Insights and Forecast – By Technology
        • 5.3.1. Water-based
        • 5.3.2. Solvent-based
        • 5.3.3. Powder Coating
      • 5.4. Market Analysis, Insights and Forecast – By End-User
        • 5.4.1. Residential
          • 5.4.1.1. New Building
          • 5.4.1.2. Reconstruction
        • 5.4.2. Non-Residential
          • 5.4.2.1. New Building
          • 5.4.2.2. Reconstruction
    • 5.5. Market Analysis, Insights and Forecast – By Region
      • 5.5.1. North America
      • 5.5.2. Europe
      • 5.5.3. Asia Pacific
      • 5.5.4. Latin America, Middle East and Africa
    • 6. North America Architectural Coatings Market Analysis (USD Billion), Insights and Forecast, 2023-2030

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Resin
        • 6.2.1. Acrylic
        • 6.2.2. Alkyd
        • 6.2.3. Vinyl
        • 6.2.4. Polyurethane
        • 6.2.5. Others
      • 6.3. Market Analysis, Insights and Forecast – By Technology
        • 6.3.1. Water-based
        • 6.3.2. Solvent-based
        • 6.3.3. Powder Coating
      • 6.4. Market Analysis, Insights and Forecast – By End-User
        • 6.4.1. Residential
          • 6.4.1.1. New Building
          • 6.4.1.2. Reconstruction
        • 6.4.2. Non-Residential
          • 6.4.2.1. New Building
          • 6.4.2.2. Reconstruction
    • 6.5. Market Analysis, Insights and Forecast – By Country
      • 6.5.1. U.S.
      • 6.5.2. Canada
    • 7. Europe Architectural Coatings Market Analysis (USD Billion), Insights and Forecast, 2023-2030

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Resin
        • 7.2.1. Acrylic
        • 7.2.2. Alkyd
        • 7.2.3. Vinyl
        • 7.2.4. Polyurethane
        • 7.2.5. Others
      • 7.3. Market Analysis, Insights and Forecast – By Technology
        • 7.3.1. Water-based
        • 7.3.2. Solvent-based
        • 7.3.3. Powder Coating
      • 7.4. Market Analysis, Insights and Forecast – By End-User
        • 7.4.1. Residential
          • 7.4.1.1. New Building
          • 7.4.1.2. Reconstruction
        • 7.4.2. Non-Residential
          • 7.4.2.1. New Building
          • 7.4.2.2. Reconstruction
    • 7.5. Market Analysis, Insights and Forecast – By Country
      • 7.5.1. UK
      • 7.5.2. Germany
      • 7.5.3. France
      • 7.5.4. Italy
      • 7.5.5. Spain
      • 7.5.6. Russia
      • 7.5.7. Rest of Europe
    • 8. Asia Pacific Architectural Coatings Market Analysis (USD Billion), Insights and Forecast, 2023-2030

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Resin
        • 8.2.1. Acrylic
        • 8.2.2. Alkyd
        • 8.2.3. Vinyl
        • 8.2.4. Polyurethane
        • 8.2.5. Others
      • 8.3. Market Analysis, Insights and Forecast – By Technology
        • 8.3.1. Water-based
        • 8.3.2. Solvent-based
        • 8.3.3. Powder Coating
      • 8.4. Market Analysis, Insights and Forecast – By End-User
        • 8.4.1. Residential
          • 8.4.1.1. New Building
          • 8.4.1.2. Reconstruction
        • 8.4.2. Non-Residential
          • 8.4.2.1. New Building
          • 8.4.2.2. Reconstruction
    • 8.5. Market Analysis, Insights and Forecast – By Country
      • 8.5.1. China
      • 8.5.2. India
      • 8.5.3. Japan
      • 8.5.4. Australia
      • 8.5.5. South East Asia
      • 8.5.6. Rest of Asia Pacific
    • 9. Latin America, Middle East and Africa Architectural Coatings Market Analysis (USD Billion), Insights and Forecast, 2023-2030

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Resin
        • 9.2.1. Acrylic
        • 9.2.2. Alkyd
        • 9.2.3. Vinyl
        • 9.2.4. Polyurethane
        • 9.2.5. Others
      • 9.3. Market Analysis, Insights and Forecast – By Technology
        • 9.3.1. Water-based
        • 9.3.2. Solvent-based
        • 9.3.3. Powder Coating
      • 9.4. Market Analysis, Insights and Forecast – By End-User
        • 9.4.1. Residential
          • 9.4.1.1. New Building
          • 9.4.1.2. Reconstruction
        • 9.4.2. Non-Residential
          • 9.4.2.1. New Building
          • 9.4.2.2. Reconstruction
    • 9.5. Market Analysis, Insights and Forecast – By Country
      • 9.5.1. Brazil
      • 9.5.2. Saudi Arabia
      • 9.5.3. UAE
      • 9.5.4. Rest of LAMEA
    • 10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. The Sherwin –Williams company
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. PPG Industries Inc.
      • 10.6. Akzo Nobel
      • 10.7. Kansai Paints Co., Ltd.
      • 10.8. Asian Paints Limited
      List of Figures

      Figure 1: Global Architectural Coatings Market Revenue Breakdown (USD Billion, %) by Region, 2023 & 2030
      Figure 2: Global Market Value Share (%), By Segment 1, 2023 & 2030
      Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 5: Global Market Value Share (%), By Segment 2, 2023 & 2030
      Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 9: Global Architectural Coatings Market Forecast (USD Billion), by Others, 2018-2030
      Figure 10: Global Market Value Share (%), By Segment 3, 2023 & 2030
      Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 14: Global Market Forecast (USD Billion), by Others, 2018-2030
      Figure 15: Global Market Value (USD Billion), by Region, 2023 & 2030
      Figure 16: North America Architectural Coatings Market Value Share (%), By Segment 1, 2023 & 2030
      Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 19: North America Market Value Share (%), By Segment 2, 2023 & 2030
      Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 23: North America Market Forecast (USD Billion), by Others, 2018-2030
      Figure 24: North America Market Value Share (%), By Segment 3, 2023 & 2030
      Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 28: North America Market Forecast (USD Billion), by Others, 2018-2030
      Figure 29: North America Market Forecast (USD Billion), by U.S., 2018-2030
      Figure 30: North America Market Forecast (USD Billion), by Canada, 2018-2030
      Figure 31: Latin America Architectural Coatings Market Value Share (%), By Segment 1, 2023 & 2030
      Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 34: Latin America Market Value Share (%), By Segment 2, 2023 & 2030
      Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 38: Latin America Market Forecast (USD Billion), by Others, 2018-2030
      Figure 39: Latin America Market Value Share (%), By Segment 3, 2023 & 2030
      Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 43: Latin America Market Forecast (USD Billion), by Others, 2018-2030
      Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2018-2030
      Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2018-2030
      Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2018-2030
      Figure 47: Europe Architectural Coatings Market Value Share (%), By Segment 1, 2023 & 2030
      Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 50: Europe Market Value Share (%), By Segment 2, 2023 & 2030
      Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 54: Europe Market Forecast (USD Billion), by Others, 2018-2030
      Figure 55: Europe Market Value Share (%), By Segment 3, 2023 & 2030
      Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 59: Europe Market Forecast (USD Billion), by Others, 2018-2030
      Figure 60: Europe Market Forecast (USD Billion), by U.K., 2018-2030
      Figure 61: Europe Market Forecast (USD Billion), by Germany, 2018-2030
      Figure 62: Europe Market Forecast (USD Billion), by France, 2018-2030
      Figure 63: Europe Market Forecast (USD Billion), by Italy, 2018-2030
      Figure 64: Europe Market Forecast (USD Billion), by Spain, 2018-2030
      Figure 65: Europe Market Forecast (USD Billion), by Russia, 2018-2030
      Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2018-2030
      Figure 67: Asia Pacific Architectural Coatings Market Value Share (%), By Segment 1, 2023 & 2030
      Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2023 & 2030
      Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2018-2030
      Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2023 & 2030
      Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2018-2030
      Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2018-2030
      Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2018-2030
      Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2018-2030
      Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2018-2030
      Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2018-2030
      Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2018-2030
      Figure 86: Middle East & Africa Architectural Coatings Market Value Share (%), By Segment 1, 2023 & 2030
      Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2023 & 2030
      Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2018-2030
      Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2023 & 2030
      Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
      Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
      Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
      Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2018-2030
      Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2018-2030
      Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2018-2030
      Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2018-2030 
      List of Tables
      Table 1: Global Architectural Coatings Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
      Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
      Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
      Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2018-2030
      Table 5: North America Architectural Coatings Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
      Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
      Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
      Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2018-2030
      Table 9: Europe Architectural Coatings Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
      Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
      Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
      Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2018-2030
      Table 13: Latin America Architectural Coatings Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
      Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
      Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
      Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2018-2030
      Table 17: Asia Pacific Architectural Coatings Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
      Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
      Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
      Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2018-2030
      Table 21: Middle East & Africa Architectural Coatings Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
      Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
      Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
      Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2018-2030
      Research Process

      Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

      In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

      FIGURE 1: DLR RESEARH PROCESS

      Primary Research

      Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

      In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

      It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

      Secondary Research

      Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

      Market Size Estimation

      Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

      Forecast Model