Global Decorative Paint and Coatings Market By Resin Type (Acrylic, Alkyd, Polyurethane, Polyester, Epoxy, Others), Raw Material (Pigments, Additives, Solvents), Application (Residential Construction, Non- Residential Construction), Product Type (Emulsions, Wood Coating, Enamels, Distempers, Primer, Others), Technology (Water- Based, Solvent- Based, High Solids, Powder), Distribution Channel (Online, Offline), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Decorative Paint and Coatings Market
Decorative paint and coatings market is expected to reach USD 161.2 billion by 2027 growing at a growth rate of 5.80% in the forecast period 2020 to 2027. Growth in automotive industry and increase in the industrialization is the factor for the decorative paint and coatings market in the forecast period of 2020 to 2027
Decorative paint and coatings are specially designed mainly for protection and decoration purposes in the buildings. They are the ability to protect the buildings against UV radiation, moisture, and microorganisms.
Increasing urbanization and rising home ownership are the factor for the market growth. Growing demand of decorative paints and coating from construction industry will also accelerate the market. Rising popularity of water-based decorative paints and coatings is also expected to enhance the demand for the decorative paint & coatings in the market. Growing consumption of nanocoating is also expected to enhance the demand for the decorative paint and coating in the forecast period of 2020 to 2027. On the other hand, volatility in the cost of the raw material is expected to hamper the market.
This decorative paint and coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 Data Bridge Market Research decorative paint and coatings market contact us for an Analyst Brief our team will help you take an informed market decision to achieve market growth.
Global Decorative Paint and Coatings Market Scope and Market Size
Decorative paint and coatings market is segmented on the basis of resin type, application, product type, technology, raw material and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of resin type, the decorative paints and coating market is segmented into acrylic, alkyd, polyurethane, polyester, epoxy, and other.
Based on raw material, the market is segmented into pigments, additives and solvents.
Decorative paints and coating market on the basis of application is segmented into residential construction and non- residential construction.
Based on product type, the decorative paints and coating market is divided into wood coating, distempers, distempers, primer, and other.
Technology segment of the decorative paints and coating market is divided into water- based, high solids, powder and solvent based.
Decorative paints and coating market is also segmented on the basis of distribution channel. The distribution channel segment is divided into online and offline.
Decorative Paint and Coatings Market Country Level Analysis
Decorative paint and coatings market is analysed and market size, volume information is provided by resin type, application, product type, technology, raw material and distribution channel as referenced above.
The countries covered in the decorative paint and coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region is expected to hold a dominant position amongst all of the regions worldwide, growing at the highest growth rate and holding the largest share in the market for the forecast period 2020 to 2027. This is due to increasing urbanization and increasing construction activity in the region.
The country section of the decorative paint and coatings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Decorative Paint and Coatings Market Share Analysis
Decorative paint and coatings market competitive landscape provides details by competitor. 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 companies’ focus related to decorative paint and coatings market.
The major players covered in the decorative paint and coatings market report are PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Asian Paints, Masco Corporation, DAW SE, DuluxGroup Ltd., Jotun, Kansai Paint Co.,Ltd., Nippon Paint (India) Company Limited., BASF Coatings, Berger Paints India Limited, Cromology, Diamond Vogel, Dunn-Edwards Corporation, Hempel A/S, National Paints Factories Co. Ltd., Tikkurila., among other players domestic and global. Market Share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Decorative Paint and Coatings Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.