The global anti-graffiti coatings market will reach $10.2 billion by 2032 at a CAGR of 4.87.

8 November 2023 New York, United States has received news about the growth of the global anti-graffiti coatings market. According to the study, its size is expected to grow from $7.2 billion in 2022 to $10.2 billion by 2032. This corresponds to a compound annual growth rate of 4.87% during the forecast period.

Antigraffiti coatings

Antigraffiti coatings are special protective coatings that either prevent graffiti from appearing on surfaces or make it easier to remove. Graffiti, which is unauthorized painting on public or private property, is a significant problem in many urban areas and public spaces. Anti-graffiti coatings offer''a preventative approach to reduce the effects of graffiti and ensure that the aesthetic value of walls, buildings and other surfaces is maintained. They act as a deterrent, reducing the strength of graffiti sticking to surfaces and the desire of hooligans to damage property. Coatings also help surfaces maintain their integrity longer by protecting them from weather, ultraviolet radiation and other environmental factors.

Negative effects of COVID-19

The COVID-19 outbreak has affected the availability of chemicals and raw materials needed to produce anti-graffiti coatings, disrupting global supply chains. Manufacturers and suppliers may face temporary shortages and higher prices due to problems with''transportation and procurement of materials. The construction industry, a major consumer of anti-graffiti coatings for building facades and infrastructure, has faced disruption due to lockdowns, social segregation laws and economic uncertainty. Cancellation or postponement of construction projects has affected the coatings market. Due to restrictions on leaving the house, graffiti became less common during lockdowns as many people were indoors and limited to outside activity. The initial need for anti-graffiti coatings may have temporarily decreased.

Growing demand

With the growth and development of cities, there is an increasing need for protective coatings for buildings, bridges, public transportation, and other infrastructure. The urban environment is leading to an increase in graffiti problems, which is causing an increase in the demand for anti-graffiti coatings. They offer an affordable method to prevent graffiti damage and reduce graffiti removal costs. As more property owners and public organizations realize the value of preventive measures, the demand for anti-graffiti coatings is increasing. Continuous research and development in the coatings industry has led to the development of more durable and effective''anti-graffiti coatings. Improvements have boosted their performance, which has increased consumer interest in them. In some regions, property owners are allowed to invest in more robust asset protection products.

Market segmentation

The anti-graffiti coatings market is divided into various segments based on vehicle type, end-use industry, and region. For instance, among vehicle type, water-based has the largest market share. In the construction industry, the end-user industry accounts for the largest market share. On the basis of regional distribution, North America has the largest market growth and Asia Pacific has the fastest market growth.