Global Decorative Paints Coatings Market
Decorative paints coatings are basically used for decoration purpose and to make the decorated material looks attractive. The main application of decorative paints is to enhance the appearance of furniture, household items and architectural features. Decorative paints can be applied on surfaces such as walls/floors/shelves/doors/windows etc. Key regions in decorative paints coatings are China and Europe. Key suppliers in decorative paints coatings include BASF SE, AkzoNobel and Ticona
The report covers the key Global Decorative paints coatings market trends, including production volumes, supply and demand forecasts, market size comparison among key regions and countries. The report also analyses key market factors that are likely to affect the growth of the Global Decorative paints coatings market over the forecast period.
The market size of decorative paints coatings is projected to grow at a CAGR of 4.2% during the forecast period. The increasing demand for decorative paints coatings is bolstering the growth associated with this market, while the rising prices of raw materials are poised to hinder the market growth. The players within this market are hereby poised to invest in alternate sources which could potentially yield a cost optimum product and hereby boost decorative paints coatings sales. The drivers for decorative paints coatings include the increasing demand for non-stick surfaces, environmental issues and higher end products.
Decorative paints market is a fast growing industry due to increasing demand of colors that are used in buildings, homes and offices. Growth of decorative paints market has been driven by the construction industry. Increase in focus on decorative interiors of buildings and its aesthetic value adding to decorative paints market. Also it has increased the use of colors in walls, ceilings and flooring materials including vinyl, acrylic and PVC. Businesses are focusing on innovations with new colors so that they can build their brand identity.
When completing a regional market analysis, it becomes clear that APAC controls a significant portion of the world market for decorative paints and coatings. This is mainly because there are more and more developing economies in this area. Additionally, nations like India, China, Indonesia, and Japan have made significant investments in the infrastructure and building sector. As was already said, a significant portion of the decorative paints and coatings market’s value chain is composed of the building industry, which accounts for the region’s relatively high demand for this chemical ingredient. Key players like AkzoNobel witnessed a substantial growth in revenue from North Asia in specific, followed by South Asia and East Asia: thus allowing the company to offset the revenue imbalance caused as a result of the pandemic.
Key players in decorative paints coatings market is focusing on innovation and product development. Key M&A in decorative paints coatings market: In November 2011, Sherwin-Williams acquired SPI Industries for $46 million. In May 2012, PPG acquired Pittard International for an undisclosed amount. In July 2012, Sherwin-Williams purchased Parkwood Industries Inc.As of 2022, it was noted that Asian Paints Limited to acquires White Teak Fenestration and Weatherseal Fenestration.
TABLE OF CONTENT
Global Decorative Paints Coatings Market Report
1 Market Introduction of Global Decorative Paints Coatings Market Report
2 Market Segmentation of Decorative Paints Coatings Market Report
2.1 Decorative Paints Coatings Market Segmentation By Region
2.2 Decorative Paints Coatings Market Segmentation By Type
2.3 Decorative Paints Coatings Market Segmentation By Crop Type
3 Cost Structure of Decorative Paints Coatings Market Report
4 Country Analysis of Decorative Paints Coatings Market Report
4.1 China
4.1.1 Decorative Paints Coatings Market Size in China
4.1.2 Decorative Paints Coatings Market Trends & Analysis in China
4.1.3 Key Decorative Paints Coatings companies in China
4.1.4 Regulatory Framework of Decorative Paints Coatings Market in China
4.2 Germany
4.2.1 Decorative Paints Coatings Market Size in Germany
4.2.2 Decorative Paints Coatings Market Trends & Analysis in Germany
4.2.3 Key Decorative Paints Coatings companies in Germany
4.2.4 Regulatory Framework of Decorative Paints Coatings Market in Germany
4.3 France
4.3.1 Decorative Paints Coatings Market Size in France
4.3.2 Decorative Paints Coatings Market Trends & Analysis in France
4.3.3 Key Decorative Paints Coatings companies in France
4.3.4 Regulatory Framework of Decorative Paints Coatings Market in France
4.4 Italy
4.4.1 Decorative Paints Coatings Market Size in Italy
4.4.2 Decorative Paints Coatings Market Trends & Analysis in Italy
4.4.3 Key Decorative Paints Coatings companies in Italy
4.4.4 Regulatory Framework of Decorative Paints Coatings Market in Italy
4.5 Netherland
4.5.1 Decorative Paints Coatings Market Size in Netherland
4.5.2 Decorative Paints Coatings Market Trends & Analysis in Netherland
4.5.3 Key Decorative Paints Coatings companies in Netherland
4.5.4 Regulatory Framework of Decorative Paints Coatings Market in Netherland
4.6 Russia
4.6.1 Decorative Paints Coatings Market Size in Russia
4.6.2 Decorative Paints Coatings Market Trends & Analysis in Russia
4.6.3 Key Decorative Paints Coatings companies in Russia
4.6.4 Regulatory Framework of Decorative Paints Coatings Market in Russia
4.7 Canada
4.7.1 Decorative Paints Coatings Market Size in Canada
4.7.2 Decorative Paints Coatings Market Trends & Analysis in Canada
4.7.3 Key Decorative Paints Coatings companies in Canada
4.7.4 Regulatory Framework of Decorative Paints Coatings Market in Canada
4.8 Mexico
4.8.1 Decorative Paints Coatings Market Size in Mexico
4.8.2 Decorative Paints Coatings Market Trends & Analysis in Mexico
4.8.3 Key Decorative Paints Coatings companies in Mexico
4.8.4 Regulatory Framework of Decorative Paints Coatings Market in Mexico
4.9 Singapore
4.9.1 Decorative Paints Coatings Market Size in Singapore
4.9.2 Decorative Paints Coatings Market Trends & Analysis in Singapore
4.9.3 Key Decorative Paints Coatings companies in Singapore
4.9.4 Regulatory Framework of Decorative Paints Coatings Market in Singapore
4.10 United Kingdom
4.10.1 Decorative Paints Coatings Market Size in United Kingdom
4.10.2 Decorative Paints Coatings Market Trends & Analysis in United Kingdom
4.10.3 Key Decorative Paints Coatings companies in United Kingdom
4.10.4 Regulatory Framework of Decorative Paints Coatings Market in United Kingdom
4.11 Switzerland
4.11.1 Market Size in Switzerland
4.11.2 Market Trends & Analysis in Switzerland
4.11.3 Key Decorative Paints Coatings companies in Switzerland
4.11.4 Regulatory Framework of Decorative Paints Coatings Market in Switzerland
4.12 Brazil
4.12.1 Market Size in Brazil
4.12.2 Market Trends & Analysis in Brazil
4.12.3 Key Decorative Paints Coatings companies in Brazil
4.12.4 Regulatory Framework of Decorative Paints Coatings Market in Brazil
4.13 USA
4.13.1 Market Size in US
4.13.2 Market Trends & Analysis in US
4.13.3 Key Decorative Paints Coatings companies in US
4.13.4 Regulatory Framework of Decorative Paints Coatings Market in US
4.14 Japan
4.14.1 Market Size in Japan
4.14.2 Market Trends & Analysis in Japan
4.14.3 Key Decorative Paints Coatings companies in Japan
4.14.4 Regulatory Framework of Decorative Paints Coatings Market in Japan
4.15 South Korea
4.15.1 Market Size in South Korea
4.15.2 Market Trends & Analysis in South Korea
4.15.3 Key Decorative Paints Coatings companies in South Korea
4.15.4 Regulatory Framework of Decorative Paints Coatings Market in South Korea
4.16 India
4.16.1 Market Size in India
4.16.2 Market Trends & Analysis in India
4.16.3 Key Decorative Paints Coatings companies in India
4.16.4 Regulatory Framework of Decorative Paints Coatings Market in India
4.17 Thailand
4.17.1 Market Size in Thailand
4.17.2 Market Trends & Analysis in Thailand
4.17.3 Key Decorative Paints Coatings companies in Thailand
4.17.4 Regulatory Framework of Decorative Paints Coatings Market in Thailand
4.18 Russia
4.18.1 Market Size in Russia
4.18.2 Market Trends & Analysis in Russia
4.18.3 Key Decorative Paints Coatings companies in Russia
4.18.4 Regulatory Framework of Decorative Paints Coatings Market in Russia
4.19 Malaysia
4.19.1 Market Size in Malaysia
4.19.2 Market Trends & Analysis in Malaysia
4.19.3 Key Decorative Paints Coatings companies in Malaysia
4.19.4 Regulatory Framework of Decorative Paints Coatings Market in Malaysia
4.20 Saudi Arabia
4.20.1 Market Size in Saudi Arabia
4.20.2 Market Trends & Analysis in Saudi Arabia
4.20.3 Key Decorative Paints Coatings companies in Saudi Arabia
4.20.4 Regulatory Framework of Decorative Paints Coatings Market in Saudi Arabia
5 Decorative Paints Coatings Market Trends
5.1 Decorative Paints Coatings Market Trends- Key Drivers
5.2 Decorative Paints Coatings Market Trends- Key Restraints
5.3 Decorative Paints Coatings Market Trends- Key Challenges
5.4 Porter’s Five Forces Analysis of Decorative Paints Coatings Market
5.5 PEST Analysis- Decorative Paints Coatings Market
6 Decorative Paints Coatings Market Forecast
6.1 Decorative Paints Coatings Market Forecast By Region
6.1.1 North America
6.1.2 Europe
6.1.3 APAC
6.1.4 Middle East
6.1.5 ROW
6.2 Decorative Paints Coatings Market Forecast By Type
6.2.1 Fertilizer
6.2.2 Pesticide
6.3 Decorative Paints Coatings Market Forecast By Crop Type
6.3.1 Fruits & Vegetables
6.3.2 Oilseed and Pulses
6.3.3 Cereals & Grains
6.3.4 Other
7 Supply Chain of the Decorative Paints Coatings Market Analysis
8 Opportunity Analysis
9 Scenario Analysis
10 Key Company Profiles
11 Strategic Conclusions – Decorative Paints Coatings Market Report
12 Abbreviations used in Decorative Paints Coatings Market Report
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