The coating tool market will reach $12.56 billion by 2026

According to a recent study by Global Market Insights, a market research firm, the global coating tool market will be about $10.72 billion in 2019, with a compound annual growth rate of 5% between 2020 and 2026.
specifications of these coating tools are very wide, and some can be customized to highlight their functionality, reliability and flexibility.
coating tool manufacturers are also constantly innovating and perfecting a variety of functional designs to enable products to have a better experience in the DIY user market.
coating industry DIY in Europe and the United States and other developed countries and regions are very popular, coating tools easy to operate, the price is reasonable.
that urbanization and economic and social development in developing countries and regions are the driving forces for the development of the coating tool market.
, global infrastructure costs are estimated to be about $9 trillion a year over the next few years, increasing at a rate of 5% a year, according to the National Development Agency.
in residential, rail transit, communication facilities, roads and other fields of construction and coating tool market development.
, paint brushes are the most widely used and have a market capitalisation of more than $2 billion.
used in these brushes can be made of natural or synthetic materials, such as pig's mane, synthetic nylon hair, etc.
different use occasions, paint varieties, can be matched with different brush sizes.
, for example, nylon-polyester composite brushes are suitable for both water-based and solvent-based coatings.
as one of the coating tools, the market for paint strips used to cover part of the surface is expected to grow at a compound annual rate of 4.5% over the next few years.
paint strips are made of a milder viscous material for easy unmasking and, depending on the number of days of use, are available in a variety of grades without leaving a mark.
projections show that by 2026, about 70% of coating tools will be used in the construction sector.
this area can be subdivided into residential, commercial and industrial buildings.
development of the construction industry is the main factor driving the development of the coating tool market, especially in China, India, Indonesia and other Asian countries and regions, the development of the construction industry is more significant.
users pay more and more attention to the performance of coating tools, reducing the re-painting link.
mainly use brushes and roller brushes in the field of construction, easy to use.
with the development of urbanization, residential buildings in general continue to increase, coupled with industrial construction, the demand for coating tools increased.
note that currency exchange rate fluctuations cause fluctuations in raw material prices, which have a negative impact on the coating tool market.
analysis points out that the Asia-Pacific coating tool market will grow at a compound rate of more than 5.5% from 2020 to 2026, with the fastest growth rate in the market.
infrastructure construction in the region is conducive to the development of the coating tool market, especially in the Chinese market, the development potential is greater.
companies involved in the coating tool business worldwide include: Gordon Brush Mfg. Co. Inc. The Mill-Rose Company Braun Brush Co Purdy Milton Brushware Anderson Products Harbor Freight Tools Allway Tools EPOS Egypt Durapaints Asian Paints Nespoli Group MAAN NOUR Trading House Inc. Richard Tools, etc.