Selbyville, Delaware, Dec. 05, 2018 (GLOBE NEWSWIRE) --
Paint Roller Market revenue is slated to hit US$4 billion mark by 2025, according forecast growth statistics by Global Market Insights, Inc. Increasing structural reforms plans coupled with favorable government policies in the construction sector will drive the paint rollers market. Government's support in the form of tax deductions, housing policies and favorable FDI policies will boost construction spending. For instance, according to U.S. Census Bureau, construction spending is projected to reach USD 1.5 trillion by 2020 fueled by FDI backed public and private projects for infrastructure and commercial space development. This will act as a catalyst for market growth over the forecast timeline.
Woven type accounted for 42% of the industry share in 2017 and is predicted to gain significant share by 2025. Woven fabric is designed for a maximum pick-up and release of the paint. They offer lint-free finish on semi-rough, smooth, and semi-smooth surfaces with all enamels, paints, and varnishes thereby driving product penetration in construction applications.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2183
Global paint roller market from blended fabric was 150 million units in 2017 and is expected to surpass 240 million units by 2025. Blended fabrics provide high durability, versatility, and cost-effectiveness. They are manufactured utilizing two or more distinct kinds of fibers to serve specific needs in paint application.
Infrastructural expansion is a major factor that will aid product penetration in the construction industry. Socioeconomic development coupled with housing subsidies by the regional government will positively impact the residential sector supporting industry growth. Additionally, the entertainment sector has emerged as a major growth avenue for the paint rollers business. Video painting and graffiti have gained substantial popularity over the past decade and are considered as the upcoming growth avenues for the paint rollers industry.
The constant rise in the construction of commercial buildings will further stimulate demand for rollers and spray guns to cover painting operations in large surface areas. This ensures increased efficiency and enhances the aesthetic appeal as these products provide a smooth finish with minimal efforts as compared to traditional painting methods. In addition, the funding on non-residential projects such as water supply and treatment plants, will open new opportunities for industry participants. Water supply plants basically require waterproof paintings to increase the shelf life of equipment boosting the paint roller market demand.
Browse key industry insights spread across 540 pages with 710 market data tables & 21 figures & charts from the report, “Paint Rollers Market Size By Product (Woven [Synthetic, Blended], Knit [Synthetic, Blended]), By Fabric (Synthetic [Nylon, Polyester], Blended [Polyester, Wool]), By Pile Depth (Shorter Pile, Medium Pile, High Pile), By Application (Construction [Residential, Commercial], Appliances, Furniture), Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, France, Italy, Spain, Poland, Russia, China, India, Japan, South Korea, Malaysia, Indonesia, Thailand, Brazil, Mexico, Argentina, Saudi Arabia, UAE, Iran, Iraq, Egypt, South Africa),Growth Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/paint-rollers-market
Appliances emerge as another key application segment for the business. Paints & coatings are mainly used for protecting appliances from damage and extending their shelf life. The increasing popularity of Do- it- Yourself painting kits has propelled the use of rollers to paint appliance parts. These rollers ensure high-quality finish to protect them from rusting as well as increase their aesthetic appeal. They also enable the users to design the exterior parts according to their preferences or for repainting an old appliance.
Shorter pile depth accounted for 25% of the paint roller market share in 2017 and is expected to witness considerable growth. Shorter pile paint rollers have gained a significant demand owing to its excellent paint pick-up property, coverage, and the ability to provide a smooth and flat finish. Moreover, the ease of application affordability and improved ability to provide fine finishes will enhance the product penetration over the forecast timeframe.
Construction held the largest share in the application and is expected to surpass USD 3.4 billion by 2025. The application range of paint rollers spans the residential and commercial construction sectors that deploy painting extensively for safety and aesthetic purposes. Most builders prefer interior improvisation of offices and homes, which will considerably impact the paint rollers business. The robust expansion of the residential construction industry will provide an upsurge in the paint roller market demand over the forecast timeframe.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2183
Asia Pacific accounted for 55% of the industry share in 2017 and is projected to grow at a steady pace over the forecast timeline. Favorable factors such as the abundance of low-cost & highly-skilled workforce and the expansion of the hospitality & real estate sectors will stimulate product demand. Moreover, the leading global players shifting their production operations to the region will act as a catalyst for industry growth.
The global paint roller market share is highly fragmented owing to the presence of key players, including Purdy, Linzer products Corp., Wooster, and Work Tools International. Other prominent manufacturers are Beorol, Magnolia brush, Rust-Oleum, and Stanley. Numerous companies are involved in partnerships, collaborations product innovation and portfolio expansion to enhance their industry footprint. For instance, in 2015, Purdy launched thermal bond technology winds roller covers for smooth rolling.
Browse More New Reports:
- Painting Tools Market Size By Product (Brushes, Rollers, Scrapers, Knives, Trays, Spray Gun, Masking Tapes), By Application (Construction [Residential, Commercial, Industrial], Automotive, Appliances, Furniture, Industrial Machineries & Equipment, Packaging) Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, France, Italy, Spain, Poland, Russia, China, India, Japan, South Korea, Malaysia, Indonesia, Thailand, Brazil, Mexico, Argentina, Saudi Arabia, UAE, Iran, Iraq, Egypt, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
https://www.gminsights.com/industry-analysis/painting-tools-market
- Tool Steel Market Size By Material (Tungsten, Chromium, Vanadium, Molybdenum), By Product Class (Cold-Work, Hot-Work, High Speed, Plastic Mold), By Application (Injection Molding, Die Work, Forging), By End-Use (Automotive, Aerospace, Food & Packaging), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, Spain, China, Japan, India, South Korea, Indonesia, Brazil, Saudi Arabia, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 - 2024
https://www.gminsights.com/industry-analysis/tool-steel-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.