U.S. Non-Commercial Acrylic Paints Market to increase at a CAGR of 4.8% through 2018 - 2028

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US Non Commercial Acrylic Paints Market

• April 2019

Report Id REP-GB--9435 Published On
April-2019 Category Chemicals and Materials
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US Non Commercial Acrylic Paints Market Analysis

• Recent research U.S. Non-Commercial Acrylic
  Paints Market  is expected to grow at a CAGR of
  4.8 by 2018 - 2028
• VALLEY COTTAGE - The US has been North Americas
  prime investment pocket over the years, where the
  demand for non-commercial acrylic paint is
  expected to remain sound over the course of
  coming years. The approximately US 230 million
  market for non-commercial acrylic paint is
  foreseen to grow by 4.3 Y-o-Y, in 2019. Future
  Market Insights (FMI) delivers key insights on
  the US non-commercial acrylic paints market, in
  its latest report.
• The South US is cited as a prominent consumer
  market in the US landscape of non-commercial
  acrylic paint owing to a rich end-user base, with
  an above-average growth rate projected for the
  near future.
• While heavy-body acrylics continue to gain
  strongest traction that has been attributed to
  their strong colors, better coverage, and
  fast-drying times, the report indicates that
  their adoption will be more prominent in canvas-
  and paper-based applications. Non-commercial
  acrylic paint application on canvas accounts for
  over 1/3rd of the total paint consumption,
  whereas that on paper and wood accounts for a
  combined share of more than 40..

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US Non Commercial Acrylic Paints Market Analysis

• DIY Activities Are Providing a Significant Push
  to Market Growth
• The report opines that the key applications of
  non-commercial acrylic paint across the US
  include canvas, paper, and wood, with artefacts
  designed by professional artists and students.
  With the advent of DIY crafts and hobby
  activities, other substrates such as metal and
  ceramics are also likely to present a range of
  lucrative opportunities for the usage of
  non-commercial acrylic paints. The growth and
  emergency of non-commercial acrylic paints in the
  US is prominently attributed to the growth of
  DIY-based artefacts and finished products, and
  considerable investments by academic institutions
  in skill development programmes, imbibing
  non-commercial acrylic paints to a significant
  degree.
• Apart from academic and commercial artefacts,
  non-commercial acrylic paints are particularly
  gaining popularity in home interior design, and
  additional design in terracotta and pottery
  items, thus creating additional scope of value
  addition for designers.
• Over 60 Non-commercial Acrylic Paint Consumed in
  the US is Artist-grade
• FMI has bifurcated the US market for
  non-commercial acrylic paint into two commonly
  available grades viz. artist grade (high
  concentration of acrylic resin for slow drying
  sales channels) and student grade (low
  concentration of acrylic resin for fast drying
  sales channels). The varied degree of fast or
  slow drying rate immensely helps professional
  artists when designing a paint for a
  long-duration process or relatively short
  duration of finishing the paintwork applied.

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US Non Commercial Acrylic Paints Market Analysis

• Currently, more than 3/5th of the total
  consumption of non-commercial acrylic paint in
  the US is accounted by artist-grade paint.
  However, the dramatically increasing number of
  students developing interest in painting and
  related career options will translate into
  relatively higher opportunities for student-grade
  non-commercial acrylic paint in the US, as
  suggested by FMIs analysis.
• The market share of offline sales channels in the
  US non-commercial acrylic paint market is likely
  to remain clearly dominant over that of online
  sales channels. However, the report also points
  to a growing revenue share of online stores,
  which is expected to outpace in terms of rate of
  growth, over the coming years.
• US Non-Commercial Acrylic Paints Market Vendor
  Insights
• The non-commercial acrylic paints market in the
  US is observed to be a fairly consolidated
  market, with the aggregate market share of tier-1
  level established players more than half of the
  overall market value.
• Aggressive marketing, product development, and
  consolidation of sales and service footprint will
  reportedly be the key developmental strategies of
  leading players in the US non-commercial acrylic
  paints market.

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US Non Commercial Acrylic Paints Market Analysis

• The report highlights some of the prominent
  companies that are operating in the US
  non-commercial acrylic paints market, such as
  Liquitex Artist Materials, Decoart Inc., Winsor
  Newton, Reeves, Faber-Castell, Plaid, Crafts 4
  All, Koninklijke Royal Talens B.V., Golden Artist
  Colors, Inc., Croma Atlier, M. Graham Co., and
  PEBEO SAS.
• Press-release Source - https//www.globenewswire.c
  om/news-release/2019/04/12/1803206/0/en/U-S-Non-Co
  mmercial-Acrylic-Paints-Market-to-Register-at-4-8-
  CAGR-by-2028-Future-Market-Insights.html
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US Non Commercial Acrylic Paints Market Analysis

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