Decorative Coatings Market are the paint or coating materials used or applied for the enhancement of physical strength and aesthetic appeal of the surfaces they are applied to. They protect against corrosion, bacteria, moisture and even UV radiation. They are available in a number of different colours which makes the application of these coatings on the different sources appealing.
Global Decorative Coatings Market is set to rise from its initial estimated value of USD 26.97 billion in 2018 to an estimated value of USD 39.09 billion by 2026, registering a CAGR of 4.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased urbanization and industrialization worldwide. The overall spend on construction has increased which is expected to positively impact the decorative coatings market in the forecast period.
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Competitive Analysis: Global Decorative Coatings Market
Few of the major competitors currently working in the decorative coatings market are PPG Industries Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Axalta Coating Systems LLC, NIPSEA GROUP, Kansai Paint Co.Ltd., Bayer AG, KCC CORPORATION, Jotun, Koninklijke DSM N.V., BASF SE, Benjamin Moore & Co., Masco Corporation, DAW SE, The Arkema Group, Berger Paints India Limited, Cabot Corporation, Clariant, Eastman Chemical Company, Tikkurila, Cromology, HEMPEL A/S, Ashland, and RPM International Inc.
Key Pointers Covered in the Global Decorative Coatings Market Trends and Forecast to 2026
- Global Decorative Coatings Market New Sales Volumes
- Global Decorative Coatings Market Replacement Sales Volumes
- Global Decorative Coatings Market Installed Base
- Global Decorative Coatings Market By Brands
- Global Decorative Coatings Market Size
- Global Decorative Coatings Market Procedure Volumes
- Global Decorative Coatings Market Product Price Analysis
- Global Decorative Coatings Market Healthcare Outcomes
- Global Decorative Coatings Market Cost of Care Analysis
- Global Decorative Coatings Market Regulatory Framework and Changes
- Global Decorative Coatings Market Prices and Reimbursement Analysis
- Global Decorative Coatings Market Shares in Different Regions
- Recent Developments for Global Decorative Coatings Market Competitors
- Global Decorative Coatings Market Upcoming Applications
- Global Decorative Coatings Market Innovators Study
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Key Developments in the Market:
- In March 2016, The Sherwin-Williams Company announced the confirmation of an agreement with The Valspar Corporation regarding its acquisition. The acquisition will impact the global market expanding the market share and help improve the market strategy of The Sherwin-Williams Company.
- In September 2018, Akzo Nobel N.V. announced the acquisition of Xylazel S.A. with the acquisition creating a leader of decorative paints and coatings business in Spain in the shape of Akzo Nobel N.V.
Scope of the Decorative Coatings Market
- Global Decorative Coatings Market, By Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, Others), Product (Primer, Enamel, Emulsions, 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), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
- Global Decorative Coatings Market is set to rise from its initial estimated value of USD 26.97 billion in 2018 to an estimated value of USD 39.09 billion by 2026, registering a CAGR of 4.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased urbanization and industrialization worldwide. The overall spend on construction has increased which is expected to positively impact the decorative coatings market in the forecast period.
- Decorative coatings are the paint or coating materials used or applied for the enhancement of physical strength and aesthetic appeal of the surfaces they are applied to. They protect against corrosion, bacteria, moisture and even UV radiation. They are available in a number of different colours which makes the application of these coatings on the different sources appealing.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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