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Decorative Coatings Market is projected to reach USD 201.1 billion Latest Trends and Forecast to 2029 | PPG Industries (US), AkzoNobel N.V. (Netherlands)

09-08-2023 12:17 PM CET | Industry, Real Estate & Construction

Press release from: Exactitude Consultancy

Decorative Coatings

Decorative Coatings

Exactitude Consultancy Market Research states that Global Decorative Coatings Market growing at a CAGR of 5.5%, and it is expected to reach USD 201.1 billion by 2029, over the forecast period 2023-2029.

Decorative coatings, used in automotive, consumer products, and other industries, provide scratch-resistant and color-brightening protection. The global market is driven by economic growth, infrastructure investments, regulations, and increasing purchasing power, with green and environmentally friendly coatings also increasing.

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**Note: Version 2023 has been updated.

What does this report offer?

Market size (historical and future), market growth, technical trends, market share, market dynamics, competitive landscape, and key players are all factors to consider.

Top Market Trends
Rising Demand for Eco-Friendly Coatings:

The Decorative Coatings market is expected to grow in emerging economies like China and India due to rising demand for eco-friendly waterborne coatings, joint ventures, infrastructure development, and increased government spending.

Technological Advancements:

Decorative Coatings are evolving with Nano-TiO2 photocatalysts, green coatings, and drying time reduction, expanding market scope and improving performance through R&D activities.

Who are the key industry players?

PPG Industries (US), AkzoNobel N.V. (Netherlands), Sherwin-Williams (US), BASF SE (Germany) and Asian Paints (India)

Recent Developments:

In January 2022, Nippon Paint has made an announcement regarding the completion of the acquisition of Cromology, a leading manufacturer of architectural coatings in Europe and ranked fourth in the industry. The acquisition, which was conducted by Nippon Paint's subsidiary, DuluxGroup, involved a payment of USD 1.28 billion (equivalent to 8.3 billion yuan).

What precisely is market segmentation?

Decorative Coatings Market By Resin Type 2023-2029, (USD Million), (Kilotons)

Acrylic Resin

Alkyd Resin

Vinyl Resin

Polyurethane Resin

Decorative Coatings Market By Technology, 2023-2029, (USD Million), (Kilotons)

Waterborne Decorative Coatings

Solventborne Decorative Coatings

Powder Coatings

Decorative Coatings Market By Coating Type, 2022-2022 (USD Million), (Kilotons)

Interior

Exterior

Decorative Coatings Market By User Type, 2023-2022 (USD Million), (Kilotons)

DIY

Professional

Decorative Coatings Market By Product Type, 2023-2022 (USD Million), (Kilotons)

Emulsions

Wood Coating

Enamels

Decorative Coatings Market By Color Type, 2023-2022 (USD Million), (Kilotons)

White

Others

Decorative Coatings Market By Application, 2023-2029 (USD Million), (Kilotons)

Residential

Non-Residential

Decorative Coatings Keyword Analysis by Regions - Global Version

- North America (the United States, Canada, and Mexico)

- Europe (Germany, France, the United Kingdom, the Netherlands, Italy, the Nordic countries, Spain, Switzerland, and the remainder of Europe)

- Asia-Pacific (including China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the rest of APAC)

- South America (Brazil, Argentina, Chile, Colombia, and the remaining countries, among others)

- the Middle East and Africa (Saudi Arabia, UAE, Israel, Egypt, Turkey, Nigeria, South Africa, and the rest of the MEA)

This report contains detailed quantitative assessments of the Decorative Coatings market as well as recommendations for building strategies to assist market success and growth.

Table of Content:

1 Study Reporting
1.1 Decorative Coatings Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Decorative Coatings Market Size Growth Rate by Type
1.5 Market by Application

2 Executive Instantaneous
2.1 Global Decorative Coatings Market Size
2.1.1 Global Decorative Coatings Revenue
2.1.2 Global Decorative Coatings Production
2.2 Decorative Coatings Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Decorative Coatings Manufacturers
2.3.2.1 Decorative Coatings Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers «Keyword» Product Offered

2.3.2.3 Date of Manufacturers Enter into Decorative Coatings Market
2.4 Key Trends for Decorative Coatings Markets & Products

3 Market Size by Manufacturers
3.1 Decorative Coatings Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans

4 Decorative Coatings Production by Regions

4.1 Global Decorative Coatings Production by Regions
4.1.1 Global Decorative Coatings Production Market Share by Regions
4.1.2 Global Decorative Coatings Revenue Market Share by Regions
4.2 United States
4.2.1 United States Decorative Coatings Production
4.2.2 United States Decorative Coatings Revenue
4.2.3 Key Players in United States
4.2.4 United States Decorative Coatings Import & Export
4.3 Europe
4.3.1 Europe Decorative Coatings Production
4.3.2 Europe Decorative Coatings Revenue
5 Decorative Coatings Consumption by Regions
5.1 Global Decorative Coatings Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country

6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Decorative Coatings Breakdown Dada by Application
7.2.1 Global Decorative Coatings Consumption by Application

7.2.2 Global Decorative Coatings Consumption Market Share by Application

8 Manufacturers Profiles
9 Production Forecasts
9.1 Decorative Coatings Production and Revenue Forecast
9.1.1 Global Decorative Coatings Production Forecast
9.1.2 Global Decorative Coatings Revenue Forecast
9.2 Decorative Coatings Production and Revenue Forecast by Regions
9.2.1 Global Decorative Coatings Revenue Forecast by Regions
9.2.2 Global Decorative Coatings Production Forecast by Regions
9.3 Decorative Coatings Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Decorative Coatings Production Forecast by Type
9.4.2 Global Decorative Coatings Revenue Forecast by Type

10 Consumption Forecast
10.1 Decorative Coatings Consumption Forecast by Application
10.2 Decorative Coatings Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Decorative Coatings Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Decorative Coatings Consumption Forecast by Regions 2018-2025
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Decorative Coatings Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Decorative Coatings Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Decorative Coatings Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Decorative Coatings Sales Channels
11.2.2 Decorative Coatings Distributors
11.3 Decorative Coatings Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators

13 Key Findings in the Global Decorative Coatings Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continue….

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The study of the effects of the Russia-Ukraine War and COVID-19 on Decorative Coatings industry will be added to the final report.

The market for Decorative Coatings has been thoroughly researched for this research report using both primary and secondary sources. Along with a competitive analysis of the market, segmented by application, type, and geographical trends, it offers a comprehensive overview of the market's present and future goals. Additionally, a dashboard analysis of the previous and current performance of top organizations is provided. To ensure accurate and thorough information about the Decorative Coatings Market, a range of approaches and analysis are utilized in the study.

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About Us:

Exactitude Consultancy is a Market Research And consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

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