Global Anti-Graffiti Coatings Market - Segmented by Substrate, Type, End-User Industry and Geography - Growth, Trends, and Forecast (2022 - 2030)

The market for anti-graffiti coatings is expected to register a significant growth during the forecast period, 2018 to 2023. This significant growth is primarily driven by the increasing popularity of graffiti among the population especially in North American and European regions.

Elimination of Re-Painting Costs and Devaluation of Property
Every year, large sum of revenues are being spent on the removal of graffiti arts from business buildings, schools, public stations, rail coaches, buses, government buildings, historical monuments, etc. These cleanup process include several steps. Sometimes, the whole cladding is to be replaced with new one. These costs can be eliminated with the application of ant-graffiti coatings in both interior and exterior surfaces of transportation and construction projects (include private and public buildings, bridges, etc.). One time application of permanent anti-graffiti coatings caters in bringing down the costs associated with frequent cleanup process of unwanted graffiti arts. Some other advantages of anti-graffiti coatings that are driving the market include long lasting protection, permeability, biodegradability, invisible coatings, etc.

Construction Segment to Contribute Significant Demand to the Market
In construction industry, anti-graffiti coatings are applied on various substrates including concrete, masonry, wood, metal, etc. According to Bureau of Justice, the most common form of vandalism is graffiti. The cleanup process of these undesirable arts is burdening businesses and property owners and are also accounting for a considerable chunk out of municipal budgets across the world. Several major cities in North American and European regions are experiencing an increase in graffiti with most of it exhibiting hatred for police, administrations, etc. Application of anti-graffiti coatings is one of the effective steps to avoid graffiti on the structures and other properties. Owing to the increase in the graffiti incidents especially in the North American and European regions, increase in the usage of high-end construction products and the benefits offered by these protective coatings, the market for anti-graffiti coatings is expected to grow at a significant rate during the forecast period.

North America to Dominate the Market
North America represented the largest regional market for global anti-graffiti coatings market in 2017. This immense demand for anti-graffiti coatings is a consequence of the growing cases of graffiti and expenditure on the removal of graffiti in the region. In North American region, the United States provides the major market for the anti-graffiti coatings. Apart from North American region, Europe is estimated to be another major market for anti-graffiti coatings during the forecast period. The ongoing developments in nanotechnology and bio-based technology in these regions is also expected to drive the market for anti-graffiti coatings.

Major Players: BASF SE, The Sherwin Williams Company, Akzo Nobel N.V., Asian Paints, Axalta Coatings Systems LLC, DowDuPont, etc. among others.

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Identify the current and future prospects of the global anti-graffiti coatings market in the developed and emerging markets
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Information about the growth of the various end-user industry that are expected to dominate the market
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