Texture Paints Market Key Manufacturers and Forecast Period 2018-2023 | PPG Industries, Inc., Nippon Paint Holdings Co., Ltd., Berger Paints India Limited, The Sherwin-Williams Compan, Asian Paints

Texture Paints Market Application:

By application, the global texture paints market is segmented into residential and non-residential. Improving living standards has been instrumental in the surging demand for texture paints in the residential sector, thus the residential application segment is likely to lead the global market in coming years.

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Top 15 Key Players:

PPG Industries, Inc.
Asian Paints
Nippon Paint Holdings Co., Ltd.
Berger Paints India Limited
The Sherwin-Williams Company
Hempel A/S
Kansai Paint Co., Ltd
Jotun A/S
Axalta Coating Systems Ltd.
The Valspar Corporation.
S K Kaken Co., Ltd.
Kelly-Moore Paints
Haymes
Anvil Paints & Coatings, Inc.
Crown Paints
Specialized Coating Systems (Pty) Ltd

Market Segementation:

By product type, the global texture paints market is segmented into premixed texture paints, self-mixing paints, smooth textured paint, and others. Among these, smooth texture paints has claimed the largest share of the global market on account of its extensive use in residential and non-residential projects. This product type segment is expected to continue its dominance during the review period as well.

By additives, the global texture market is segmented into sand, quartz, household items, and other texture additives. The sand is leading segment and is expected to continue its dominance over the forecast period. Growing consumption in the premixed and self-mixed type of texture paints for exterior walls application along with remarkable increase in the construction spending across the emerging nations of Asia Pacific and the Middle East is bound to bolster the market growth over the review period.

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By substrate type, the global texture paints market is segmented into the interior (walls, ceilings, floorings) and exterior walls. The interior substrate type segment has noted the largest consumption of texture paints in a bid to improve the aesthetic appeal of interior walls, floors, and ceilings. Flourishing home interior designing industry is projected to positively influence the growth of this particular segment during the forecast period.

Market Overview:

Market Research Future (MRFR) states that the global texture paints market is projected to grow phenomenally over the forecast period (2018-2023). Texture paints impart textured feel and appearance to the walls, thus offering higher aesthetic & functional value. Moreover, they hide imperfections of the wall surfaces and also protect it from external weather conditions by filling the cracks and crevices.

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Application

3.2 Secondary Research

3.3 Primary Research

continued..

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Geographical Outlook

Globally, Asia Pacific leads the global texture paint market and is expected to grow at the fastest CAGR over the forecast period. Improving economy of Asia Pacific countries provides lucrative opportunities to the texture paints market in both residential and non-residential applications. Moreover, rapid industrialization and constant strategic actions undertaken by market players play a stellar role in the stupendous market performance in the region.

On the other hand, North America and Europe market are relatively mature and is expected to observe a steady demand for texture paints during the appraisal period. In addition, significant growth in renovation activities is largely contributing to the market growth in the region.

Lastly, the Middle East & Africa and Latin America are presumed to exhibit surging demand of texture paints during the forecast period owing to growing construction industry.

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This release was published on openPR.