Global Decorative Coatings Market Revenue Opportunities and Analysis by Worldwide Top Manufacturers - PPG Industries Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Axalta Coating Systems LLC, NIPSEA GROUP, Kansai Paint Co.Ltd., Bayer AG, BASF SE
The report Global Decorative Coatings Market displays the local properties of the market history of every product type, application and volume during the forecast period.Apart from the mentioned data, the growth rate of the market in 2026 is also explained. Besides, the report clarifies the market size and year-to-year development rate of the particular product or application.
It is believed that granular information can help clients take efficient business decisions and hence the report provides the same.
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Global Decorative Coatings Market, By Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, Others),
Product (Primer, Enamel, Emulsions, Others),
Formulation (Water-Based, Solvent-Based),
Substrate (Metal, Plastic, Glass, Others),
Coat Type (Top Coat, Base Coat, Others),
Application (Architectural, Automotive, Domestic Appliances, Medical, Sporting Goods, Jewellery, Cosmetics, Aerospace),
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Global Decorative Coatings Market is set to rise from its initial estimated value of USD 26.97 billion in 2018 to an estimated value of USD 39.09 billion by 2026, registering a CAGR of 4.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased urbanization and industrialization worldwide. The overall spend on construction has increased which is expected to positively impact the decorative coatings market in the forecast period.
Key Market Competitors:
PPG Industries Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Axalta Coating Systems LLC, NIPSEA GROUP, Kansai Paint Co.Ltd., Bayer AG, KCC CORPORATION, Jotun, Koninklijke DSM N.V., BASF SE, Benjamin Moore & Co., Masco Corporation, DAW SE, The Arkema Group, Berger Paints India Limited, Cabot Corporation, Clariant, Eastman Chemical Company, Tikkurila, Cromology, HEMPEL A/S, Ashland, and RPM International Inc.
Key Developments in the Market:
• In March 2016, The Sherwin-Williams Company announced the confirmation of an agreement with The Valspar Corporation regarding its acquisition. The acquisition will impact the global market expanding the market share and help improve the market strategy of The Sherwin-Williams Company.
• In September 2018, Akzo Nobel N.V. announced the acquisition of Xylazel S.A. with the acquisition creating a leader of decorative paints and coatings business in Spain in the shape of Akzo Nobel N.V.
Competitive Analysis:
Global decorative coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of decorative coatings market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Market Drivers:
• Increased urbanization and industrial worldwide driving the rise in construction is expected to drive the growth for decorative coatings market
• Advancements and developments in the market is also expected to drive the market growth
Market Restraints:
• Environment effects of solvent-borne coatings with VOC emissions involved in its production is expected to restrain the market growth
• Vulnerability and fluctuation in the prices of raw materials is also expected to restrain the market growth
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Market Segmentation:
• By Resin Type
o Acrylic
o Alkyd
o Polyurethane
o Epoxy
o Polyester
o Others
• By Product
o Primer
o Enamel
o Emulsions
o Others
• By Formulation
o Water-Based
o Solvent-Based
• By Substrate
o Metal
o Plastic
o Glass
o Others
• By Coat Type
o Top Coat
o Base Coat
o Others
• By Application
o Architectural
o Automotive
Door Handles
Push Buttons
Trim Mouldings
Wheels
Lighting & Reflectors
Others
o Domestic Appliances
Home Equipment
Sanitary Fixtures
Cabinets
Furniture
Exterior Siding
Faucets
Window & Door
Others
Electronic Appliances
Mobile Phones
Headphones
Watches
Others
o Medical
Medical Implants
Electronic Equipment
Orthopaedic Equipment
Eyewear
o Sporting Goods
o Jewellery
o Cosmetics
o Aerospace
• By Geography
o North America
U.S.
Canada
Mexico
o South America
Brazil
Argentina
Rest of South America
o Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
o Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
o Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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