Chemical and Materials

Global Decorative Coatings Market Growth Prospects , Trends, Market Size, Segments, Outlook by Top key players PPG Industries Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Axalta Coating Systems LLC, NIPSEA GROUP

Global Decorative Coatings Market research analysis report serves a lot for your business and gives solution for the toughest business questions.

This market report highlights key market dynamics, current market scenario and future prospects of the sector.

It gives top to bottom examination of the market for estimating income, return on investment (ROI) and developing business strategies.

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

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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.

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.

Competitive Analysis: 

Global decorative coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of decorative coatings market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: 

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.

Market Drivers:

  • 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

Market Restraints:

  • 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

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

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Market Segmentation:

  • By Resin Type
    • Acrylic
    • Alkyd
    • Polyurethane
    • Epoxy
    • Polyester
    • Others
  • By Product
    • Primer
    • Enamel
    • Emulsions
    • Others
  • By Formulation
    • Water-Based
    • Solvent-Based
  • By Substrate
    • Metal
    • Plastic
    • Glass
    • Others
  • By Coat Type
    • Top Coat
    • Base Coat
    • Others
  • By Application
    • Architectural
    • Automotive
      • Door Handles
      • Push Buttons
      • Trim Mouldings
      • Wheels
      • Lighting & Reflectors
      • Others
    • Domestic Appliances
      • Home Equipment
        • Sanitary Fixtures
        • Cabinets
        • Furniture
        • Exterior Siding
        • Faucets
        • Window & Door
        • Others
      • Electronic Appliances
        • Mobile Phones
        • Headphones
        • Watches
        • Others
      • Medical
        • Medical Implants
        • Electronic Equipment
        • Orthopaedic Equipment
        • Eyewear
      • Sporting Goods
      • Jewellery
      • Cosmetics
      • Aerospace
    • By Geography
      • North America
        • S.
        • Canada
        • Mexico
      • South America
        • Brazil
        • Argentina
        • Rest of South America
      • Europe
        • Germany
        • France
        • United Kingdom
        • Italy
        • Spain
        • Russia
        • Turkey
        • Belgium
        • Netherlands
        • Switzerland
        • Rest of Europe
      • Asia-Pacific
        • Japan
        • China
        • South Korea
        • India
        • Australia
        • Singapore
        • Thailand
        • Malaysia
        • Indonesia
        • Philippines
        • Rest of Asia Pacific
      • Middle East & Africa
        • South Africa
        • Egypt
        • Saudi Arabia
        • United Arab Emirates
        • Israel
        • Rest of Middle East & Africa

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