Decorative Paints & Coatings Market Industry Outlook, Size, Growth Factors and Forecast 2024-2030

The Decorative Paints & Coatings Market size was valued at USD 73.94 Billion in 2023 and the total Decorative Paints & Coatings revenue is expected to grow at a CAGR of 5.73 % from 2024 to 2030, reaching nearly USD 109.21 Billion by 2030.

Decorative Paints & Coatings Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the "Decorative Paints & Coatings Market". The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Decorative Paints & Coatings market, with forecasts outspreading to the year 2030.

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Decorative Paints & Coatings Market Scope and Methodology:

The market research report Decorative Paints & Coatings provides comprehensive details on important factors, including those anticipated to drive the industry's growth and impending obstacles. Stakeholders will have a solid understanding of the investment potential in the Decorative Paints & Coatings market, the industry's competitive environment, and the products pushed by well-known brands. The research examines the sector's qualitative and quantitative aspects. Part of what the MMR probe looks into is a thorough analysis of the competition for the Decorative Paints & Coatings Market.

A lengthy list of needs is included in the study, along with a detailed explanation for each. When creating the Decorative Paints & Coatings Market, a wide range of primary and secondary information sources were taken into account, including official government documents, websites, annual reports, and expert and professional comments.

Decorative Paints & Coatings Market Regional Insights:

In this report, the market size, growth rate, import and export by region, and other pertinent facts are all carefully examined. It is simple to comprehend the Decorative Paints & Coatings market conditions in various nations thanks to the research's regional analysis. The Decorative Paints & Coatings market is composed of markets in North America, Europe, South America, Asia Pacific, and the Middle East.

Decorative Paints & Coatings Market Segmentation:

by Resin Type

Acrylic
Alkyd
Polyurethane
Others

by Product Type

Emulsions
Wood Coating
Enamels
Distempers
Others

by Technology Type

Water-based Paints
Solvent-based Paints
Powder Coatings
Specialty Coatings

Due to growing environmental laws, water-based paints and coatings-which are renowned for their low volatile organic compound (VOC) emissions and eco-friendliness-dominated the decorative paints and coatings market in 2023. Despite worries about volatile organic compound (VOC) emissions, solvent-based paints are widely used in industrial applications due to their exceptional durability and adherence, especially in the automotive and equipment sectors. Highly valued for their longevity and ability to withstand corrosion, powder coatings are primarily used in metal finishing applications in a variety of industries, such as architecture, appliances, and automobiles.

by End-Use Industry

Residential
Commercial
Industrial
Automotive
Furniture & Woodwork

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Decorative Paints & Coatings Market Key Players:

Major Contributors in the Decorative Paints & Coatings Industry in North America:

1. Sherwin-Williams Company - Headquarters: Cleveland, Ohio, USA
2. PPG Industries, Inc. - Headquarters: Pittsburgh, Pennsylvania, USA
3. RPM International Inc. - Headquarters: Medina, Ohio, USA
4. Axalta Coating Systems Ltd. - Headquarters: Philadelphia, Pennsylvania, USA
5. Benjamin Moore & Co. - Headquarters: Montvale, New Jersey, USA

Leading Figures in the European Decorative Paints & Coatings Sector:

1. Akzo Nobel N.V. - Headquarters: Amsterdam, Netherlands
2. BASF SE - Headquarters: Ludwigshafen, Germany
3. DAW SE - Headquarters: Ober-Ramstadt, Germany
4. Hempel A/S - Headquarters: Copenhagen, Denmark
5. Jotun Group - Headquarters: Sandefjord, Norway
6. Akzo Nobel N.V. - Headquarters: Amsterdam, Netherlands

Key players driving the Asia-Pacific Decorative Paints & Coatings Market:

1. Nippon Paint Holdings Co., Ltd. - Headquarters: Osaka, Japan
2. Berger Paints India Limited - Headquarters: Kolkata, India
3. Guangdong Carpoly Chemical Group Co., Ltd. - Headquarters: Guangzhou, Guangdong, China
4. Shanghai Coatings Co., Ltd. - Headquarters: Shanghai, China
5. SKSHU Paint Co., Ltd. - Headquarters: Guangzhou, Guangdong, China

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Key questions answered in the Decorative Paints & Coatings Market are:

What is Decorative Paints & Coatings?
What was the Decorative Paints & Coatings market size in 2024?
What is the growth rate of the Decorative Paints & Coatings Market?
Which are the factors expected to drive the Decorative Paints & Coatings market growth?
What is the CAGR at which the Decorative Paints & Coatings market will grow during the forecast period?
What are the different segments of the Decorative Paints & Coatings Market?
Which is the fastest growing region in the Decorative Paints & Coatings market?
What growth strategies are the players considering to increase their presence in Decorative Paints & Coatings?
What are the upcoming opportunities and trends for the Decorative Paints & Coatings Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Decorative Paints & Coatings Market?
Who are the leading companies and what are their portfolios in Decorative Paints & Coatings Market?
What segments are covered in the Decorative Paints & Coatings Market?
Who are the key players in the Decorative Paints & Coatings market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
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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