Decorative Paints & Coatings Market Overview
The total global market for the Decorative Paints & Coatings Market was valued at USD in 2023 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2030. The report analyzed by Maximize Market Research, on the Decorative Paints & Coatings market, covers an extensive regional analysis and competitive landscape.
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Decorative Paints & Coatings Market Report Scope and Research Methodology
The portfolio, technology adoption, financial standing, merger and acquisition, joint ventures and strategic alliances are involved in the competitive environment for the Decorative Paints & Coatings market. The report is an in-depth analysis of the Decorative Paints & Coatings market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Decorative Paints & Coatings market. The bottom-up approach was used to understand the Decorative Paints & Coatings market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities and challenges of the Decorative Paints & Coatings market.
The Decorative Paints & Coatings Market report portrays the scope of the industry, including the segmentation by product type and end-use industry, and examines various emerging opportunities while analyzing supply chain dynamics with market size estimates, growth, and competition including soil survey. The research method gathers large amounts of data into a brief survey using primary and secondary data collection, rigorous research methods, quality assurance procedures, and ethical considerations, and provides users gain insights that can be used for informed decisions in the Decorative Paints & Coatings industry.
Decorative Paints & Coatings Market Regional Insights
Regional analysis is conducted to assess the status of the Decorative Paints & Coatings market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Decorative Paints & Coatings market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
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
Water-based paints, which are well-known for their low volatile organic compounds (VOCs) and environmental friendliness, dominated the decorative paints and coatings market in 2023 based on technology types. As environmental laws grew, water-based paints became increasingly popular in both residential and commercial applications. Despite worries about volatile organic compounds (VOCs), solvent-based paints are widely used in industrial applications due to their exceptional durability and adherence, especially in the automotive and machinery sectors. Preferred for their longevity and corrosion resistance, powder coatings are mostly 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 2023?
- 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 are the different segments of the Decorative Paints & Coatings Market?
- What growth strategies are the players considering to increase their presence in Decorative Paints & Coatings ?
- What are the upcoming industry applications and trends for the Decorative Paints & Coatings Market?
- What segments are covered in 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?
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Key Offerings:
- Market Size, Share, Size & Forecast by Different Segment
- 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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