Anti-Graffiti Coatings Market Size
Study Period | 2019 - 2029 |
Market Size (2024) | USD 83.89 Million |
Market Size (2029) | USD 101.68 Million |
CAGR (2024 - 2029) | 3.92 % |
Fastest Growing Market | North America |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Anti-Graffiti Coatings Market Analysis
The Anti-Graffiti Coatings Market size is estimated at USD 83.89 million in 2024, and is expected to reach USD 101.68 million by 2029, growing at a CAGR of 3.92% during the forecast period (2024-2029).
Some of the major factors driving the market studied is the elimination of re-painting costs and devaluation of property. However, strict regulations on the fossil fuels used in coatings are likely to restrain the market.
- The introduction of Bio-based technology coatings is likely to act as an opportunity for market growth in the future.
- North America accounted for the highest market share, followed by Europe. North America is likely to dominate the market during the forecast period.
Anti-Graffiti Coatings Market Trends
This section covers the major market trends shaping the Anti Graffiti Coatings Market according to our research experts:
Construction Industry to Witness the Highest Growth Rate
- In the construction industry, anti-graffiti coatings are applied on various substrates including concrete, masonry, wood, metal, etc.
- According to the Bureau of Justice, the most common form of vandalism is graffiti. The cleanup process of these undesirable arts burden businesses and property owners, and also account for a considerable portion of municipal budgets across the world.
- On average, American cities spend about USD 12 billion on the cleanup of graffiti art each year. Some of the major targets for graffiti in construction structures include business buildings, historical monuments, schools, public stations, shopping malls, government buildings, etc.
- Several major cities in the North American and European regions are experiencing an increase in graffiti, where most of it exhibits hatred for police, administrations, etc. Application of anti-graffiti coatings is one of the effective steps in avoiding graffiti on structures and other properties.
- Owing to the increase in the graffiti incidents, especially in the North American and European regions, the construction industry segment is likely to witness the highest growth rate during the forecast period.
North America to Dominate the Market
- North America represented the largest regional market for the anti-graffiti coatings market.
- 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 the North American region, the United States provides the major market for anti-graffiti coatings.
- The ongoing developments in nanotechnology and bio-based technology in this region are also expected to drive the market for anti-graffiti coatings.
- Hence, owing to the aforementioned factors, North America is likely to dominate the anti-graffiti coatings market during the forecast period.
Anti-Graffiti Coatings Industry Overview
The market for anti-graffiti coatings is partially consolidated as the major share of the market is distributed among a few key players. Some of the major manufacturers in the market include The Sherwin-Williams Company, 3M, BASF SE, Akzo Nobel NV, Axalta Coating Systems, LLC, etc.
Anti-Graffiti Coatings Market Leaders
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The Sherwin-Williams Company
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3M
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BASF SE
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AkzoNobel N.V.
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Axalta Coating Systems, LLC
*Disclaimer: Major Players sorted in no particular order
Anti-Graffiti Coatings Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Elimination of Re-painting Costs and Devaluation of Property
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4.1.2 Other Drivers
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4.2 Restraints
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4.2.1 Strict Regulations on the Fossil Fuels Used in Coatings
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4.2.2 Other Restraints
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4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Sacrificial
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5.1.2 Semi-Sacrificial
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5.1.3 Non-Sacrificial
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5.2 End-user Industry
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5.2.1 Automotive and Other Transportation
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5.2.2 Construction
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5.2.3 Other End-user Industries
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5.3 Geography
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5.3.1 Asia-Pacific
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5.3.1.1 China
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5.3.1.2 India
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5.3.1.3 Japan
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5.3.1.4 South Korea
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5.3.1.5 Rest of Asia-Pacific
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5.3.2 North America
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5.3.2.1 United States
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5.3.2.2 Canada
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5.3.2.3 Mexico
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5.3.3 Europe
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5.3.3.1 Germany
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5.3.3.2 France
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5.3.3.3 United Kingdom
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5.3.3.4 Italy
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5.3.3.5 Rest of the Europe
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East & Africa
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5.3.5.1 Saudi Arabia
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5.3.5.2 South Africa
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5.3.5.3 Rest of Middle East & Africa (MEA)
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 3M
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6.4.2 A&I Coatings
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6.4.3 AkzoNobel N.V.
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6.4.4 Axalta Coatings Systems LLC
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6.4.5 BASF SE
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6.4.6 CSL Silicones Inc.
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6.4.7 DowDuPont
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6.4.8 Evonik Industries AG
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6.4.9 Hydron Protective Coatings
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6.4.10 IGP Pulvertechnik AG
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6.4.11 NanoTech Coatings
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6.4.12 Protective Coatings International Ltd
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6.4.13 The Sherwin Williams Company
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6.4.14 Watson Coatings Inc.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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7.1 Introduction of Bio-based Technology Coatings
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7.2 Other Drivers
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Anti-Graffiti Coatings Industry Segmentation
The anti-graffiti coatings market report includes:
Type | |
Sacrificial | |
Semi-Sacrificial | |
Non-Sacrificial |
End-user Industry | |
Automotive and Other Transportation | |
Construction | |
Other End-user Industries |
Geography | |||||||
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Anti-Graffiti Coatings Market Research FAQs
How big is the Anti-Graffiti Coatings Market?
The Anti-Graffiti Coatings Market size is expected to reach USD 83.89 million in 2024 and grow at a CAGR of 3.92% to reach USD 101.68 million by 2029.
What is the current Anti-Graffiti Coatings Market size?
In 2024, the Anti-Graffiti Coatings Market size is expected to reach USD 83.89 million.
Who are the key players in Anti-Graffiti Coatings Market?
The Sherwin-Williams Company, 3M, BASF SE, AkzoNobel N.V. and Axalta Coating Systems, LLC are the major companies operating in the Anti-Graffiti Coatings Market.
Which is the fastest growing region in Anti-Graffiti Coatings Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Anti-Graffiti Coatings Market?
In 2024, the North America accounts for the largest market share in Anti-Graffiti Coatings Market.
What years does this Anti-Graffiti Coatings Market cover, and what was the market size in 2023?
In 2023, the Anti-Graffiti Coatings Market size was estimated at USD 80.73 million. The report covers the Anti-Graffiti Coatings Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Anti-Graffiti Coatings Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Anti-Graffiti Coatings Industry Report
Statistics for the 2024 Anti-Graffiti Coatings market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Anti-Graffiti Coatings analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.