Uploaded on Mar 4, 2024
According to the latest research report by IMARC Group, The global decorative coatings market size reached US$ 67.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 87.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028. More Info:- https://www.imarcgroup.com/decorative-coatings-market
Decorative Coatings Market Growth, Demand and Challenges of the Key Industry Players 2023-28
Global Decorative Coatings Market Research and Forecast Report 2023-2028 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . A cc o r d i ng t o t h e l a t e s t r e p o r t b y I M A R C Gr o u p , t i t l e d " D e c o r a t i ve C o a t i n g s Ma r k e t : G l o b a l I n d u s t r y T r e n d s , S h a r e , S i z e , Gr o w th , O p p o r t u n i t y a n d F o r e c as t 2 0 2 3 - 20 2 8 , " t h e g l o b a l d e c o r a t i v e c oa t i n g s m a r ke t s i z e r e a c h ed U S $ 6 7 . 6 B i l l i o n i n 2 0 2 2 . D ec o r a t i ve c o a t i n gs p r o v i d e a b r i g h t c o l o r t o m e t a l a nd p l a s t i c s u b s t ra t e s . T h e y a r e Report ap p l i e d t o t h e i n t e r i o r a n d e x te r i o r su r f a c es o f r e s i d e n t i a l , c o mm e r c i a l , i n s t i t u t i o n a l , an d i n d u s t r i a l bu i l d i n g s . B a s ed o n t he i r u se f o r a e s t h e t i c a nd p r o te c t i v e p u rp o s e s , t he y ca n b e c l a s s i f i e d i n t o s u r f a c e p r e p a r a to r y p r od u c t s , s uc h a s p u t t y a n d p r i m e r , a n d Highlight and pa i n t s u t i l i z e d f o r a es th e t i c a n d d e f e n s i v e p u rp o s e s , n a m e l y , t o p c o a t a n d b as e c oa t . T he t op a n d b a s e c o a t d i s p l ay a es t h e t i c p r o pe r t i e s a n d o f f e r w e a t h e r r e s i s t a n c e , w as h a b i l i t y , an t i - f u ng a l , a n d an t i - d a mp e n i n g p r o p e r t i e s t o t h e s u r f ac e . T h e y a r e w i d e l y Description us e d i n m a n y a p p l i c a t i o n s , i n c l ud i n g au t o mo t i v e i n t e r i o r a n d e x te r i o r c o m po n e n ts a n d co n s u me r i t e ms , s u ch a s s ma r t p ho n e s , c o m pu t e rs , c am e r a s , j e w e l r y , w a t c h e s , ba t h r o o m e q u i p me n t , d o o r ha n d l e s , a n d e y ew e a r . T h e y p r o t e c t t h e s u r f a c e f r o m co r r o s i on , b a c t e r i a , m o i s t u r e , an d U V r a d i a t i on . R eq u e s t f o r a P D F sa m p le o f th i s r ep o r t : h t t p s : / /w w w . i ma r c g r o u p . co m / d ec o r a t i v e - c o a t i n g s - ma r k e t / r e q ue s t s a mp l e Report Description Gl o b a l D e c o ra t i v e C o a t in g s M a r k e t T r e n d s : T he g l o b a l ma r k e t i s m a j o r l y d r i v e n b y t he i n c r e as i n g d e m an d f o r e n v i ro n m e n t a l l y f r i e n d l y d e c o r a t i v e c oa t i n g s . I n l i n e w i t h t h i s , t h e r i s i n g d e ma n d f o r du r a b l e c o a t i ng s w i t h b e t t e r p e r f o r ma n c e a n d a es t h e t i c a p pe a l i s s i g n i f i c an t l y c o n t r i b u t i n g t o t h e ma r k e t g r o w th . A p a r t f r om t h i s , t he k e y p l a y e r s a re f o cu s i n g o n a do p t i n g a d v a nc e d te c h n o l og i e s , s u c h a s w a t e r b o rn e , so l v e n t -b o r n e , a n d U V - cu r e d , w h i c h a r e e x p e c t e d t o c a t a l yz e th e m a r ke t . M o r eo v e r , m u l t i p l e m a n u f a c t u r e r s a r e d e v e l op i n g ec o - f r i en d l y an d V OC - f r e e p r o d uc t s f o r c u s t o m er s , w h i c h a r e a n t i c i pa t e d to p r op e l t h e m a rk e t e xp a n s i o n . B e s i d e s , t h e e sc a l a t i n g n e ed f o r bu i l d i n g a n d c o ns t r u c t i o n m a t e r i a l s a n d r a p i d t e c hn o l o g i c a l a dv a n c e me n t s , su c h a s N a no - T i O 2 p h o t o c a t a l ys t s a n d g r e e n c o a t i n g s , a re f a v o r i n g t h e m a r k e t . A dd i t i o n a l l y , o n g o i n g p r o d u c t de v e l op m e n t t o en h a n ce t h e pe r f o rm a n c e o f d ec o r a t i v e c o a t i n g s i s l i ke l y t o s t r e n g t h e n th e ma r k e t . O t h e r f a c to r s , i n c l u d i n g r a p i d u r b a n i z a t i o n , s t r i ng e n t re g u l a t i o n s o n re d u c i n g V O C c o n t en t i n c o a t i n g s an d pa i n t s , t h e i nc r e a s i ng r e s i d e n t i a l c o n s t r u c t i o n a n d r e no v a t i o n a c t i v i t i e s , an d t h e r i s i n g i n f r a s t r u c t u r a l d ev e l o p m en t a c t i v i t i e s , a r e a l s o e x pe c t e d t o i m pe l t h e g r o w t h o f t h e ma r k e t . L o o k i n g fo r w ar d , t h e m ar k e t i s a n t ic i p a t e d t o r e a ch a v a l u e o f U S $ 87 . 5 B i l l i o n b y 2 0 28 , ex h i b i t i n g a C A GR o f 4 . 1% d u r i n g 2 0 2 3 -2 0 2 8 . V i e w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w ww . i m a r c g ro u p . co m / d e co r a t i ve - c o a t i n g s -m a r ke t Breakup by Technology: • Waterborne Coatings • Solvent-borne Coatings • Powder Coatings Breakup by Product: • Pr imer Report • Enamel • Emuls ions Segmentation • Others Breakup by Resin Type: • Acryl ic • Polyurethane • Alkyd • Vinyl • Epoxy • Others Breakup by Coating Type: • Interior • Exter ior Report Breakup by Application: • Residential Segmentation • Commercial Breakup by Region: • North America • Asia-Pacifi c • Europe • Latin America • Middle East and Afr ica • Akzo Nobel N.V. • Arkema S.A • Ashland Global Holdings Inc . • Asian Paints L imited • Axal ta Coat ing Systems Ltd. Competitive • BASF SE Landscape • Berger Paints India L imited • Clar iant AG with Key • Eastman Chemical Company Players • Kansai Pa int Co. Ltd. • KCC Corporat ion • Nippon Paint Holdings Co. Ltd. • PPG Industr ies Inc . • RPM Internat ional Inc. • The Sherwin-Wi l l iams Company. What was the size of the global decorative coatings market in 2022? What is the expected growth rate of the global decorative coatings market during 2023-2028? What are the key factors driving the global decorative coatings market? Key What has been the impact of COVID-19 on the global Questions decorative coatings market? Answered in What is the breakup of the global decorative coatings market based on the technology? the Report What is the breakup of the global decorative coatings market based on the product? What is the breakup of the global decorative coatings market based on the application? What are the key regions in the global decorative coatings market? Who are the key players/companies in the global decorative coatings market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l D e c o r a t i v e C o a t i n g s M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y T e c h n o l o g y 6 . 1 W a t e r b o r n e C o a t i n g s 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 S o l v e n t - b o r n e C o a t i n g s 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 P o w d e r C o a t i n g s 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y P r o d u c t 7 . 1 P r i m e r 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 E n a m e l 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 E m u l s i o n s 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t 7 . 4 O t h e r s 7 . 4 . 1 M a r k e t T r e n d s Table of 7 . 4 . 2 M a r k e t F o r e c a s t8 M a r k e t B r e a k u p b y R e s i n T y p e 8 . 1 A c r y l i c 8 . 1 . 1 M a r k e t T r e n d s Contents 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 P o l y u r e t h a n e 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 8 . 3 A l k y d 8 . 3 . 1 M a r k e t T r e n d s 8 . 3 . 2 M a r k e t F o r e c a s t 8 . 4 V i n y l 8 . 4 . 1 M a r k e t T r e n d s 8 . 4 . 2 M a r k e t F o r e c a s t 8 . 5 E p o x y 8 . 5 . 1 M a r k e t T r e n d s 8 . 5 . 2 M a r k e t F o r e c a s t 8 . 6 O t h e r s 8 . 6 . 1 M a r k e t T r e n d s 8 . 6 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : h t t p s : / / w w w. i m a rc g ro u p . c o m / d e c o r a t i v e - c o a t i n g s - m a r ke t / t o c Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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