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Global Decorative Coatings Market Share Likely to Grow At a CAGR of 4.4% By 2026 - Says Facts & Factors

11-22-2022 01:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Facts & Factors

Decorative Coatings Market

Decorative Coatings Market

Findings from Facts and Factors report "Decorative Coatings Market By Type (Acrylic, Alkyd, Vinyl, Polyurethane, and Others), and By Technology (Waterborne, Solventborne, and Powder Coating): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global Decorative Coatings market in 2019 was approximately USD 68 Billion. The market is expected to grow above a CAGR of 4.4% and is anticipated to reach over USD 84 Billion by 2026.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/decorative-coatings-market-by-type-acrylic-alkyd-vinyl-1176

The top key players operating in the market are

Kansai Paint Co. Ltd., AkzoNobel Coatings NV
Sherwin-Williams Co.
DuPont Coatings and Color
Technologies Group
ICI Paints
BASF Coatings AG
Dow Coating Materials.
PPG Industries Inc.
Hempel A/S
The Valspar Corporation
Ashland Inc.
RPM International Inc., and Others.

Decorative coatings are the paints used for improving and preserving the structure's internal or exterior surface. This can be extended to apartments, houses, shaves, and moldings. Decorative coatings are also available in different attractive colors that give the walls or any application the well-finished look. These are used primarily for decorative purposes but also to protect the surface against water absorption, fungi and plankton, oxidation, and UV exposure. Wall paints, wood finishes, and enamel products are used in these types of coatings.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/decorative-coatings-market-by-type-acrylic-alkyd-vinyl-1176

Increasing consumer perception of decorative ideas and designs and the rising craze for home decor are accelerating the expansion of the worldwide market for decorative coatings. The philosophy of Do-It-Yourself (DIY) has prompted many interior designers and art practitioners to adopt this form of coating, culminating in customers focusing on enticing ideas for decorating their residential properties.

The widespread use of color customization in the automotive sector is also one of the factors driving the growth of the global market for decorative coatings. However, the consumer's demand for environmentally sustainable goods to build a clean and balanced home atmosphere has boosted the global demand for liquid-based decor coatings. Decorating an exquisitely decorated house that gives both inside and outside a royal feel is a phenomenon and is often known as a novelty item. This, therefore, enhances product demand, stimulating the rise of the market for decor coatings.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/decorative-coatings-market-by-type-acrylic-alkyd-vinyl-1176

The growing population is the result of large-scale urbanization worldwide, which contributes to the need to construct homes, contributing to increased demand for decorative coatings items. Latest product growth, mergers, acquisitions, and joint ventures are the main approaches the global market players are taking to raise the demand for decorative coatings.

In 2019, the acrylic group had the largest share. Acrylic weathering and corrosion resistance are much better than oil-based paint, alkyds, or epoxies, as the main components of acrylic composites have a solid polymer frame with very little ability to absorb UV light. However, acrylics have strong retention of color and absorption of gloss.

๐๐ž๐ž๐ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/customization/decorative-coatings-market-by-type-acrylic-alkyd-vinyl-1176

These are also well known for their consistency as these protect the basic substrate from degradation due to wind, snow, and UV light exposure. The powder coating category is the rapidly expanding market for decorative paints in 2019, due to its lower production costs, high manufacturing efficiencies, no VOC emissions, non-flammability, and low spark risks.

This report segments the Decorative Coatings market as follows:

Global Decorative Coatings Market: By Type Segmentation Analysis

Acrylic
Alkyd
Vinyl
Polyurethane
Others

Global Decorative Coatings Market: By Technology Segmentation Analysis

Waterborne
Solventborne
Powder Coating

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/decorative-coatings-market-by-type-acrylic-alkyd-vinyl-1176

Global Decorative Coatings Market: Regional Segmentation Analysis

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa

๐‘๐„๐€๐ƒ ๐Œ๐Ž๐‘๐„ ๐‘๐„๐๐Ž๐‘๐“๐’@

https://www.linkedin.com/pulse/45-cagr-global-home-textile-products-market-size-hit-usd-chris-arnold/

https://www.linkedin.com/posts/chris-arnold-624301203_cyclododecatriene-market-growth-activity-6997879593760141312-p1pW

https://www.linkedin.com/pulse/8-cagr-global-alcohol-abuse-monitoring-market-size-surpass-arnold/

https://www.linkedin.com/pulse/6-cagr-global-automotive-pedal-market-size-surpass-usd-chris-arnold/

https://www.linkedin.com/posts/chris-arnold-624301203_global-cooling-fabrics-activity-6998275402792144896-8QWw/

https://www.linkedin.com/pulse/3-cagr-cyclic-olefin-polymer-cop-market-size-worth-usd-chris-arnold/

Facts & Factors
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Email:ย sales@fnfresearch.com
Web:ย https://www.fnfresearch.com

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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