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.
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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Market Drivers and Restraints:
Increased urbanization and industrial worldwide driving the rise in construction is expected to drive the growth for decorative coatings market
Advancements and developments in the market is also expected to drive the market growth
Environment effects of solvent-borne coatings with VOC emissions involved in its production is expected to restrain the market growth
Vulnerability and fluctuation in the prices of raw materials is also expected to restrain the market growth
The major players covered in the 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.
MAJOR TOC OF THE REPORT
Chapter One: Decorative Coatings Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Decorative Coatings Market Competition, by Players
Chapter Four: Global Decorative Coatings Market Size by Regions
Chapter Five: North America Decorative Coatings Market Revenue by Countries
Chapter Six: Europe Decorative Coatings Market Revenue by Countries
Chapter Seven: Asia-Pacific Decorative Coatings Market Revenue by Countries
Chapter Eight: South America Decorative Coatings Market Revenue by Countries
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Decorative Coatings Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Decorative Coatings Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Decorative Coatings Market
A roadmap of growth opportunities available in the global Decorative Coatings Market with the identification of key factors
The exhaustive analysis of various trends of the global Decorative Coatings Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Decorative Coatings Market ?
What will the Decorative Coatings Market Demand and what will be Growth?
What are the latest opportunities for Decorative Coatings Market in the future?
What are the strengths of the key players?
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