Global Anti-Graffiti Coatings Market by End-use, Substrate, by Region and Segment, Forecasts 2020–2026

Global Anti-Graffiti Coatings Market is USD 87 million by 2023, growing at CAGR of 3.8% during forecast period 2020–2026. Elimination of re-painting costs, devaluation of property and effectiveness of anti-graffiti treatments leading into high cleaning efficiency and durability of construction materials are the factors driving the market.

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Growing construction industry in developing and developed countries owing to rising population is estimated to drive the growth of the potential market. Anti-graffiti coatings are used on subtracts which includes metal, wood, concrete, and others. Increasing demand for automobiles in developing countries is anticipated to support the growth of the target market over the next few years. In addition, the growing popularity of graffiti across the globe has resulted in increasing demand for graffiti removal, which in turn anticipated to support the growth of the anti-graffiti coatings market.

However, the high price of anti-graffiti coatings is a major factor anticipated to restrain the growth of the potential market.

Market Trends, Drivers, Restraints and Opportunity:

Rising demand for protective systems and films in the automotive industry is likely to enhance the market growth in the forthcoming period. Moreover, transportation industry is highly dominated by anti-graffiti coatings on vehicle surfaces
Additionally, demand for water based coatings is likely to grow during the forecast period due to rising need for protective coatings
Extensive demand for anti-graffiti coatings and films is likely to augment during the forecast span thereby creating a pool of opportunities in the forecast span
However, stringent norms and regulations by the government acts as a barrier for market growth