Decorative Coatings Market Size to Worth $115.2 Billion by 2032 and growing at 4.7% CAGR Over 2023-2032
According to the new research report by Allied Market Research, the global decorative coatings market generated $73.2 billion in 2022, and is anticipated to generate $115.2 billion by 2032, witnessing a CAGR of 4.7% from 2023 to 2032. The increasing demand for decorative coatings in response to rising urbanization, boosting construction activities, and the growing emphasis on aesthetic appeal across various industries are driving the decorative coatings market's growth.Additionally, innovations in formulations, such as bio-based coatings, are contributing to the market's expansion by aligning with sustainability trends and environmental considerations. However, the increasing regulatory barriers, including environmental rules and emissions standards, are anticipated to hamper market growth during the forecast period. On the other hand, the rising adoption of bio-based coatings, with their sustainable and environmentally friendly characteristics, is expected to unlock rewarding growth opportunities in the global decorative coatings market.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A06904
Technology: Water-based Sub-segment Expected to Grow with Highest CAGR by 2032
The water-based sub-segment dominated the global decorative coatings market highest share in 2022, holding a major share of 54.4%. This dominance is expected to continue by 2032, growing with CAGR of 4.9%. This growth is mainly because of the increasing popularity of water-based coatings due to their adaptability to diverse surfaces, versatility, and commitment toward environmental responsibility, leading to a rising preference among discerning consumers and professionals.
Type: Emulsion Sub-Segment to be the Most Dominant During the Forecast Period
The emulsion sub-segment dominated the market in 2022, holding a major share of 35.1%. This dominance is expected to continue till 2032, growing with CAGR of 5.2%. This growth is mainly due to the rising adaptability, visual appeal, and effectiveness of emulsion coatings in enhancing the aesthetics of various substrates, from walls to furniture.
Application: Interior Sub-Segment to Flourish Immensely b 2032
The interior sub-segment led the market in 2022, holding a substantial share of 54.1%. This dominance is expected to continue by 2032, growing with CAGR of 4.9%. The growth of the sub-segment is mainly because of the increasing demand for decorative coatings to enhance visual aesthetics in living spaces, thereby boosting overall ambiance and charm in interior designs.
Request Customization: https://www.alliedmarketresearch.com/request-for-customization/A06904
Region: Asia-Pacific to Hold the Dominant Position in Forecast Period
The Asia-Pacific region dominated the global decorative coatings market in 2022, holding a major share of 40.1%. The dominance of this region is expected to continue by 2032, holding a major share of 5.3%. This is mainly due to increasing demand for high-quality coatings amidst the region's ongoing infrastructure and construction boom. Expanding urbanization and a growing emphasis on modernizing infrastructure in the region are boosting the demand for visually appealing and protective coatings, propelling it to a leading position in the global decorative coatings market.
Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://www.alliedmarketresearch.com/decorative-coatings-market/purchase-options
Leading Players in the Decorative Coatings Market:
Jotun
RPM International Inc.
BASF SE
Axalta Coating Systems
Asian Paints
PPG Industries Inc.
Akzo Nobel N.V.
Kansai Paints Co. Ltd.
The Sherwin-Williams Company
Nippon Paint Holdings Co., Ltd.
The report provides a detailed analysis of the key players of the global decorative coatings market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Related Links
Solar Panel Coatings Market: Global Opportunity Analysis and Industry Forecast, 2021-2030
https://www.alliedmarketresearch.com/solar-panel-coating-market-A11896
Polymer Coatings Market: Global Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/polymer-coatings-market-A53580
Polyurea Coatings Market: Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/polyurea-coatings-market-A62425
Nanocoatings Market: Global Opportunity Analysis and Industry Forecast, 2021-2030
https://www.alliedmarketresearch.com/nano-coatings-market
Yacht Coatings Market : Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/yacht-coatings-market-A61505
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Decorative Coatings Market Size to Worth $115.2 Billion by 2032 and growing at 4.7% CAGR Over 2023-2032 here
News-ID: 3395913 • Views: โฆ
More Releases from Allied Market Research
Pet Treats Market Size Worth USD $29.7 Billion by 2031, Growth Rate (CAGR) of 4. โฆ
๐๐ก๐ ๐๐๐ญ ๐๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.
According to a new report published by Allied Market Research, titled, "Pet Treats Market by Pet Type (Dog, Cat, Others), by Form (Organic, Conventional), by Sales Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031". The report provides aโฆ
Leisure Travel Market Surges: Going to Reach $1,737.3 Billion by 2027 with 22.6% โฆ
According to a new report, titled, "Leisure Travel Market by Traveler Type, Sales Channel, By Age Group and By Expenditure Type: Opportunity Analysis and Industry Forecast, 2021-2027,". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. The global leisure travel market size was valued at $1,006.5 billion in 2019, and is projectedโฆ
Ecotourism Market is Rapidly Growing, Currently Valued At a $333.8 Billion with โฆ
According to the report, The global "Ecotourism Market Size, Share, Competitive Landscape and Trend Analysis Report by Traveler Type, Age Group and Sales Channel : Global Opportunity Analysis and Industry Forecast, 2021-2027". The report offers an in-depth analysis of prime investment opportunities, effective winning strategies, key drivers and prospects, market size projections, competitive dynamics, and evolving market trends. The Ecotourism market size was valued at $181.1 billion in 2019, andโฆ
Cloud Storage Market Reach USD 222.25 Billion by 2027 at a CAGR of 21.9%, Top Fa โฆ
Allied Market Research published a new report, titled, " The Cloud Storage Market Reach USD 222.25 Billion by 2027 at a CAGR of 21.9%, Top Factors Leading The Industry Worldwide." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gainโฆ
More Releases for Coating
Coating Equipment Market by Type (Powder coating equipment, Liquid coating equip โฆ
The Coating Equipment Market research report incorporates the scope and objective of the study. Moreover, the report highlights key market segments and players covered. It also covers industry trends, focusing on market use cases and top market size by region, market trends, and global market size. Moreover, the Coating Equipment Market research report covers market growth rate and market share by region. Supply chain analysis, regional marketing analysis, opportunities, challenges,โฆ
Powder Coating Market, Powder Coating Market share, global Powder Coating Market โฆ
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are theโฆ
Automotive Paint & Coating Market: PPG Industries, BASF, Axalta Coating Systems
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Automotive Paint & Coating Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
This industry study presents the global Automotive Paint & Coating market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Paint & Coating production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Paint & Coating inโฆ
Powder Coating Market, Powder Coating Market share, global Powder Coating Market โฆ
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are theโฆ
Powder Coating Market, Powder Coating Market share, global Powder Coating Market โฆ
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are theโฆ
Automotive Refinish Market Report 2018: Segmentation by Product (Waterbased Coat โฆ
Global Automotive Refinish market research report provides company profile for Nipsea Group, Valspar Paint, KCC, Henkel, Nipponpaintholding, NOROO, Akzonobel, PPG Industries, Sherwin Williams, Basf Coatings and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.โฆ