The Allied Market Research (AMR) recently published a report on the “Architectural Coatings Market.” According to their research analysis, the market is anticipated to reach a value of $107.9 billion by 2030. This represents remarkable growth from $63.3 billion in 2020, with a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period between 2021 and 2030. The market research report analyzes the prime factors of the global architectural coatings industry across various segments, providing details on its size, market share, growth opportunities, trends, segmentation, regional analysis, and competitive landscape. 

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Moreover, the report offers a comprehensive look at the landscape of the architectural coatings industry, explaining the successful growth prospects to boost industry growth. Utilizing robust analytical tools such as Porter's Five Forces model or SWOT analysis, the report offers a trustworthy collection of data, statistics, and infographics, serving as a valuable source of information for stakeholders, investors, and new competitors to make well-informed decisions and achieve their business goals. 

The report offers insights into the key factors impacting the global architectural coatings market, such as drivers, restraints, and opportunities that motivate consumers to buy and help in the market's expansion. The industry's growth is attributed to a rise in powder coatings, the increased use of water-based coatings, and the thriving construction sector. However, strict regulations regarding the release of VOCs and other harmful chemicals, as well as the high manufacturing costs hamper market growth. Nevertheless, the advancement of bio-based architectural paint formulations offers profitable growth opportunities for the global architectural coatings industry in the coming year.