Press release
Decorative Coatings Market Size, Share, Industry Trends and Top Players - PPG Industries, Akzo Nobel N.V., The Sherwin-Williams Company, Kansai Paints, Asian Paints Limited, Nippon Paint Holdings, Masco Corporation, Jotun Group
The Decorative Coatings Industry Market report provides an overview of general market trends, sales techniques, and top Decorative Coatings industry countries. The research examines market trends and competition in the global Decorative Coatings industry, analyzing providers in the global market segmentation, market opportunities and the macroeconomic climate. A complete Decorative Coatings industry analysis takes into account population and business cycles, as well as market-specific microeconomic consequences. The global market research also includes a specific competition landscape to help you better understand the Decorative Coatings industry. This information can help stakeholders make educated decisions before investing.Global Decorative Coatings Market is valued approximately at USD 64.30 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 4.20% over the forecast period 2019-2026. Coatings are coverings applied to the surface of the objects for decorative, functional or both purposes.
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This Free report sample includes:
A brief introduction to the Decorative Coatings Market research report.
Graphical introduction of the regional analysis.
Top players in the Decorative Coatings Market with their revenue analysis.
Selected illustrations of Decorative Coatings Market insights and trends.
Example pages from the Decorative Coatings Market report.
The research study includes profiles of leading companies operating in the global Decorative Coatings Market:
PPG Industries, Inc. (US)
Akzo Nobel N.V. (Netherlands)
The Sherwin-Williams Company (US)
Kansai Paints Co., Ltd. (Japan)
Asian Paints Limited (India)
Nippon Paint Holdings Co., Ltd. (Japan)
BASF SE (Germany)
Masco Corporation (US)
Jotun Group (Norway)
RPM International Inc. (US).
Decorative coatings are the paints used to enhance and protect the interior or the exterior of the structure for various functional benefits, such as anti-skid property, light absorption, conduction, insulation, and reflection. These are majorly applied in the residential apartments, buildings, fittings and trims. These coatings are made available in multiple attractive colors which provide an aesthetic and finished look on the structure applied. The functional aspect of the decorative cover protection against water seepage, fungus, algae, corrosion and UV radiation. Further, the booming construction industry across the globe along with rising disposable income of the people in the developing countries has led the adoption of Decorative Coatings across the forecast period. As per Statista, the global construction spending amounted to USD 11.4 trillion in 2018 which is expected to increase to USD 11.9 trillion in 2020 and projected to USD 14 trillion by 2025. Also, with the rising awareness among the consumers about decorative ideas and designs and growing craze of the interior decoration is expected to fuel the demand for Decorative Coatings. Further, rising government regulations for eco-friendly products and lead control in the households fuels the decorative coatings market growth. As these regulations make certain a green and sustainable environment with minimum or zero harmful VOC emissions. In addition, the National Referral Centre for Lead Projects in India (NRCLPI), Quality Council of India (QCI) and Pollution Control Board Authorities made a proposal to the Gazette of India (GOI) to regulate the lead content to a maximum of 90 ppm for all decorative and household paints. Moreover, the widespread use of the decorative coatings and color customization of the automobiles has increased the demand for the product across the globe. However, the frequently fluctuating raw material costs in the manufacture of the decorative coatings hinders the market growth. Although, increasing consumer preference towards eco-friendly products and increasing development in nanocoating forecast an opportunistic market for decorative coatings.
The detailed segments and sub-segment of the market are explained below:
By Resin Type:
Acrylic
Alkyd
Vinyl
Polyurethane
Others (Epoxy, Unsaturated Polyester Resin, Saturated Polyester Resin)
By Technology:
Waterborne
Solventborne
Powder Coating
By Coating Type:
Interior
Exterior
Others (Flooring, Roofing, Wood)
By User Type:
DIY
Professional
By Product Type:
Emulsions
Wood Coatings (Varnishes, Stains)
Enamels
Others (Primers, Lusters)
By Application:
Residential
Non-Residential
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(Note: The report will be updated with COVID-19 impact analysis before delivery)
The regional analysis of global Decorative Coatings market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the huge and increasing population base and rapidly growing construction activities. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as presence of significant market players specially in China and their expansion activities such as acquisitions, product launches would create lucrative growth prospects for the Decorative Coatings market across Asia-Pacific region.
Regional Analysis Covered in this report:
North America [United States, Canada]
Europe [Germany, France, U.K., Italy, Russia]
Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
Latin America [Mexico, Brazil, Argentina]
Middle East & Africa [Turkey, Saudi Arabia, UAE]
Table of Content - Major Key Points
Chapter 1. Global Decorative Coatings Market Definition and Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Global Decorative Coatings Market Dynamics
Chapter 5. Global Decorative Coatings Market, By Component
Chapter 6. Global Decorative Coatings Market, By Type
Chapter 7. Global Decorative Coatings Market, By Delivery mode
Chapter 8. Global Decorative Coatings Market, By Application
Chapter 9. Global Decorative Coatings Market, By end-user
Chapter 10. Global Decorative Coatings Market, by Regional Analysis
Chapter 11. Competitive Intelligence
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