The technology consultancy Technavio has issued a new report on the global acrylic surface coatings market 2015-2019. This is part of a coatings market portfolio, which covers different markets and countries over the same four-year period. The company’s analysts estimate that this market will grow at a rate of above four percent till 2019. The report discusses in detail the key drivers and trends responsible for growth, as well as the segments with the maximum growth potential. “With the development of non-slip flooring and increasing applicability of hybrid coatings, it is not surprising that the construction industry segment accounts for 57 percent of the total market revenue for the period of 2014-2019,” says Sriram Mohan, lead analyst, chemicals and materials, with Technavio Research. These non-slip coatings contain a crystal clear polycarbonate aggregate and find application in both interior and exterior surfaces. This coating is exceptionally durable and its advantages include fade resistance and non-yellowing high gloss finish. This first-of-a-kind coating is expected to gain wide acceptance with time. Increasing preference for hybrid coatings, which are prepared by physically blending an acrylic polymer with another functional polymer like an epoxy, is a key trend that is expected to bolster market growth by overcoming the various inadequacies of conventional acrylic paints. According to the report, a segment to look out for is the construction industry, which analysts predict is going to grow due to the increasing rate of urbanization in Europe, the Middle East and Africa (the EMEA region), the North American region and the Americas. The leading companies identified in the global acrylic surface coatings market are Axalta, BASF, DOW Chemicals, Nippon, PPG, Sherwin-Williams, and Valspar. www.technavio.com