Press release
Global Decorative Paints & Coatings Market Set to Grow at 5.73% CAGR, Valued at Nearly US$ 103.29 Billion by 2029
14.09.2023 : Decorative Paints & Coatings Market Report Scope and Research MethodologyThis comprehensive report offers a detailed analysis of the global Decorative Paints & Coatings Market, examining the market's potential to reach an estimated value of US$ 103.29 billion by 2029. It delves into the market's dynamics, drivers, restraints, and regional insights, providing valuable information for industry stakeholders.
Utilizing a rigorous research methodology, this report combines data from primary and secondary sources. Extensive interviews with key industry figures were conducted to ensure unbiased insights. The data collected was then synthesized to provide a comprehensive view of the Decorative Paints & Coatings Market.
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What are Decorative Paints & Coatings Market Dynamics?
Market Drivers:
Surging Construction Demand: The global Decorative Paints & Coatings Market is propelled by the escalating demand in the construction industry worldwide. As urbanization continues, the need for protective coatings to safeguard structures against environmental factors becomes imperative, driving the demand for innovative products.
Market Restraints:
Regulatory Constraints: Environmental concerns surrounding production processes have led governments to impose stringent regulations on major industry players. While these regulations are essential for sustainability, they present challenges for market growth.
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What is Decorative Paints & Coatings Market Segmentation?
by Resin Type
Acrylic
Alkyd
Polyurethane
Others
by Application
Residential Construction
Non-Residential Construction
by Product Type
Emulsions
Wood Coating
Enamels
Distempers
Others
by Technology
Water-Based
Solvent-Based
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Who are Decorative Paints & Coatings Market Key Players?
1. PPG Industries Inc.
2. Akzonobel N.V.
3. The Sherwin-Williams Company
4. Asian Paints Limited
5. Masco Corporation
6. DAW SE
7. Duluxgroup Ltd
8. Jotun A/S
9. Kansai Paints
10.Nippon Paints Co. Ltd
11.BASF Coatings GmbH
12.Benjamin Moore & Co. Inc.
13.Berger Paints India Ltd.
14.Cromology (Formerly Materis Paint)
15.Diamond Vogel
16.Dunn Edwards
17.Fujikura Kasei Co. Ltd.
18.Hempel A/S
19.KC Corporation Ltd
20.National Paints Factories Co.
21.Noroo Paint Co. Ltd
22.Pintuco S. A.
23.Ring International Holding
24.SK Kaken
25.Tikkurila OYJ
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Table of content for the Decorative Paints & Coatings Market includes:
Part 01: Executive Summary
Part 02: Scope of the Decorative Paints & Coatings Market Report
Part 03: Global Decorative Paints & Coatings Market Landscape
Part 04: Global Decorative Paints & Coatings Market Sizing
Part 05: Global Decorative Paints & Coatings Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Regional Insights:
Asia-Pacific Dominates: With rapid urbanization, rising disposable incomes, and a booming construction industry, Asia-Pacific emerges as the largest and fastest-growing market for Decorative Paints & Coatings. Notably, China plays a pivotal role in this growth, driven by its focus on eco-friendly products and robust construction activities.
North America Shows Promise: The region exhibits technological advancement and well-established industries, particularly in pharmaceuticals, oil & gas, and chemicals. Increased investments in research and development activities further contribute to the growth of the Decorative Paints & Coatings Market in North America.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic
perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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