Type segments performance in the global stain-resistant coatings market

The global stain-resistant coatings market is expected to grow at a CAGR of 8.86% during the forecast period. Based on the type, the global stain-resistant coatings market has been segmented into solvent-borne stain-resistant coatings and waterborne stain-resistant coatings.

The major factors that support the solvent-borne stain-resistant coatings segment’s growth are low processing and manufacturing costs that are increasing demand across end-user industries such as automotive, architecture, and construction. Demand for solvent-borne stain-resistant coatings is also in high demand in industrial wood applications. The automotive and industrial sectors also use solvent-borne stain-resistant coatings in doors, cabinets, and other furniture to provide protection.

Request for: Free Sample Report

Increasing R&D activities to identify the scope of applications of solvent-borne stain-resistant coatings are also expected to fuel market growth. Organizations such as the ICA Group are conducting various research activities to determine various new application areas of solvent-borne stain-resistant coatings. Hence, the solvent-borne stain-resistant coatings segment of the global stain-resistant coatings market is expected to record steady growth during the forecast period.