Decorative Coatings Market Is Expected To See Growth Exponentially By 2032 | PPG Industries Inc., AkzoNobel, Sherwin-Williams, Valspar

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the decorative coatings market report by The Business Research Company, the rise in urbanization all over the globe is expected to drive the growth of the decorative coatings market.

The global decorative coatings market size grew from $82.68 billion in 2022 to $89.32 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The decorative coatings market size is expected to grow to $113.83 billion in 2027 at a CAGR of 6.2%.

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Major competitors in the decorative coatings market include PPG Industries Inc., AkzoNobel, Sherwin-Williams, Valspar, Asian Paints Ltd., Berger Paints Ltd., Cabot Corporation, DAW SE, Jotun, Masco, Brillux GmbH & Co. KG, BASF SE, Diamond Vogel, Kansai Paint Co. Ltd., Kelly-Moore Paints, and RPM International Inc.

The decorative coatings market is segmented -
• By Product Type: Emulsion, Wood Coatings, Enamels, and Other Product Types
• By Resin Type: Acrylic, Alkyd, Vinyl, Polyurethane, and Other Resin Types
• By Formulation: Water Based, Solvent Based, Powder Based
• By Application: Residential, Non-Residential
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the decorative coatings market in 2022.

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The decorative coatings are applied to buildings and structures for protection, durability, and decoration purposes. Decorative coatings, also known as architectural coatings, consist of paints and coatings used to coat buildings and homes that are designed for a specific use, such as to protect against the wear and tear of a building's walls.

The Table Of Content For The Decorative Coatings Market Include:
1. Executive Summary
2. Decorative Coatings Market Characteristics
3. Decorative Coatings Market Trends And Strategies
4. Decorative Coatings Market - Macro Economic Scenario
5. Decorative Coatings Market Size And Growth
6. Decorative Coatings Market Segmentation
……
26. Africa Decorative Coatings Market
27. Decorative Coatings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Decorative Coatings Market
29. Decorative Coatings Market Future Outlook And Potential Analysis
30. Appendix

The "Global Decorative Coatings Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies decorative coatings and camperificant trends and strategies that companies can leverage for business expansion.

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