世界の装飾コーティング市場 - 業界動向と2030年までの予測

装飾コーティング市場の分析と規模

環境に優しいコーティングシステムの増加は、市場の成長を加速させる重要な要因です。また、より優れた性能と美観を備えた耐久性のあるコーティングの増加、世界中での都市化と工業化の増加、市場の進歩と発展の増加、建物の表面の耐久性と外観を向上させるだけでなく、紫外線、極端な温度、酸性雨、異物などの厳しい天候や外部条件から保護することからこれらの製品の需要が高まっていること、中国、米国、メキシコ、カタール、UAE、インド、ベトナム、シンガポールを含むさまざまな国での建設用途での使用の増加、湿気、耐腐食性、紫外線、細菌、耐熱性などの優れた特性の増加は、装飾コーティング市場を牽引する主な要因です。

さらに、規制の少ない地域での成長の増加、市場における研究開発活動の増加、新興市場への投資の増加により、予測期間中に装飾コーティング市場に新たな機会がさらに創出されるでしょう。

データブリッジマーケットリサーチは、2022年に663.2億米ドルであった装飾コーティング市場は、2030年までに957.6億米ドルに達すると予想され、2023年から2030年の予測期間中に4.7％のCAGRで成長すると予測しています。  

住宅や商業施設の建設を含む大規模かつ多様な市場のため、「建築」が装飾コーティング市場の用途セグメントの大部分を占めています。

データブリッジマーケットリサーチがまとめた市場レポートには、市場価値、成長率、セグメンテーション、地理的範囲、主要企業などの市場シナリオに関する洞察に加えて、専門家による詳細な分析、地理的に表された企業別の生産量と生産能力、販売業者とパートナーのネットワークレイアウト、詳細かつ最新の価格動向分析、サプライチェーンと需要の不足分析も含まれています。

装飾コーティング市場の範囲とセグメンテーション

市場の定義

装飾コーティングには、主に美観の向上を目的として表面に塗布されるさまざまな材料と仕上げが含まれます。さまざまな業界やクリエイティブな分野で幅広く使用されています。建築分野では、これらのコーティングは建物を装飾し保護し、自動車分野では車両に美しさと保護を追加します。木工品や家具は、美観と保存の両方の点で装飾コーティングの恩恵を受けています。

装飾コーティング市場の動向

ドライバー

• 成長する建設業界

世界的な装飾コーティング市場は、建設業界の継続的な成長によって牽引されています。世界中の都市化、人口増加、インフラ開発プロジェクトの増加により、建築用途の装飾コーティングの需要が高まっています。これらのコーティングは、住宅用と商業用の両方の建物を保護し、美化するために不可欠であり、市場の成長に大きく貢献しています。

• 環境問題への懸念の高まり

The rising environmental consciousness among consumers and stringent government regulations are driving the adoption of eco-friendly decorative coatings. Water-based formulations, which have lower VOC emissions compared to solvent-based counterparts, are gaining popularity. Companies investing in sustainable and low-VOC coatings are positioned to meet consumer preferences and comply with environmental regulations, thus driving market growth.

• Increasing Innovation and Technological Advancement

Advancements in coating technologies are propelling the market forward. Innovations in paint formulations, such as self-cleaning coatings, anti-microbial coatings, and coatings with enhanced durability, are creating new opportunities for manufacturers. These innovations cater to various application areas, from residential homes to healthcare facilities, driving demand for specialized coatings.

Opportunities

• Emerging Markets

The decorative coatings market offers significant growth opportunities in emerging economies with rising middle-class populations and increased disposable incomes. As more consumers in these regions seek aesthetically pleasing and durable coatings, manufacturers can tap into these markets to expand their customer base and revenue.

• Customization and Personalization

Consumer preferences for customized and personalized coatings are growing. Manufacturers can capitalize on this trend by offering a wide range of colors, finishes, and textures. Customization allows companies to meet the unique demands of consumers, including interior designers and architects, and can differentiate them in a competitive market.

Restraints/Challenges

• Raw Material Price Volatility

The decorative coatings industry is sensitive to fluctuations in raw material prices, especially those derived from petrochemicals. Rapid price changes can affect production costs and profit margins for manufacturers. Maintaining stable pricing in the face of raw material price volatility is a significant challenge.

• Regulatory Compliance Costs

Meeting stringent environmental and safety regulations, particularly regarding VOC emissions, can be costly for manufacturers. Compliance necessitates investments in research, development, and technology to produce low-VOC coatings. These compliance costs can put pressure on profitability and limit the market entry of smaller players.

• Intense Competition

The decorative coatings market is highly competitive, with numerous established players. Entering or expanding within this market presents challenges related to market saturation and the need for product differentiation. Companies must invest in research and marketing to distinguish themselves and gain market share.

• Supply Chain Disruptions

The industry is vulnerable to supply chain disruptions caused by factors such as natural disasters, geopolitical tensions, and transportation issues. These disruptions can lead to delays in production and increased costs, impacting manufacturer’s ability to meet customer demand and maintain profitability. Robust supply chain management is crucial to mitigate these challenges.

This decorative coatings market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the decorative coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Development

• In September 2023, Grasim Industries Ltd, an Aditya Birla group company, is set to launch its new paints venture, Birla Opus, in the fourth quarter of FY24 with a committed investment of ₹10,000 crore ($1.34 billion). The move marks their entry into the high-growth Indian decorative paints market. With advanced research and manufacturing facilities across multiple Indian states, the firm aims to become a strong contender in the industry. The estimated value of India's decorative paints sector is ₹70,000 crore, driven by increasing consumer demand and government initiatives. Grasim's entry adds competition to established players like Asian Paints and Berger Paints

Global Decorative Coatings Market Scope

The decorative coatings market is segmented on the basis of product, resin type, formulation, substrate, coat type, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Primer
• Enamel
• Emulsions
• Others

Resin Type

• Acrylic
• Alkyd
• Polyurethane
• Epoxy
• Polyester
• Others

Formulation

• Water-Based
• Solvent-Based

Substrate

• Metal
• Plastic
• Glass
• Others

Coat Type

• Top Coat
• Base Coat
• Others

Application

• Architectural
• Automotive
• Domestic Appliances
• Medical
• Sporting Goods
• Jewellery
• Cosmetics
• Aerospace

Decorative Coatings Market Regional Analysis/Insights

The decorative coatings market is analysed and market size insights and trends are provided by product, resin type, formulation, substrate, coat type, and application are referenced above

The countries covered in the decorative coatings market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America in South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and the Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and the Rest of Asia-Pacific in Asia-Pacific, and U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and the Rest of the Middle East and Africa in Middle East and Africa

Asia-Pacific dominates the decorative coatings market due to rising construction spending along with rapid economic development in China, India, Indonesia, South Korea, and Thailand and growing domestic producers along with increasing infrastructure sector in this region during the forecast period.

Middle East and Africa is expected to witness the fastest growth during the forecast period due to increasing construction activities mainly in U.A.E. and Qatar due to economic recovery, advanced real estate regulatory framework, and increasing infrastructure projects in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Decorative Coatings Market Share Analysis

The decorative coatings market competitive landscape provides details by competitors. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the company's focus related to the decorative coatings market.

Some of the major players operating in the decorative coatings market are:

• PPG Industries Inc. (U.S.)
• Akzo Nobel N.V. (Netherlands)
• The Sherwin-Williams Company (U.S.)
• Axalta Coating Systems LLC (U.S.)
• NIPSEA GROUP (Singapore)
• Kansai Paint Co. Ltd. (Japan)
• Bayer AG (Germany)
• KCC CORPORATION (South Korea)
• Jotun (Norway)
• Koninklijke DSM N.V. (Netherlands)
• BASF SE (Germany)
• Benjamin Moore & Co. (U.S.)
• Masco Corporation (U.S.)
• DAW SE (Germany)
• The Arkema Group (France)
• Berger Paints India Limited (India)
• Cabot Corporation (U.S.)
• Clariant (Switzerland)
• イーストマンケミカルカンパニー（米国）
• ティックリラ（フィンランド）
• クロモロジー（フランス）
• HEMPEL A/S（デンマーク）
• アッシュランド（米国）
• RPMインターナショナル株式会社（米国）

SKU-28766