Decorative Coatings Markets, 2024-2030

Decorative coatings are the paints and coatings used to decorate the interior as well as exterior walls of home, office commercial complex. These coatings exhibit numerous properties such as protection against UV radiation, extreme temperature, moisture, and microorganisms. Decorative paints and coatings offer several benefits such as light absorption, insulation, and reflection which help to increase the durability of the structure. Decorative coatings promise, applied surface have the longest life span as possible. These coatings are highly useful for enhancing the sheet life, its usage and aesthetic value of the residential and commercial buildings. Major types of resins used for these coatings include alkyd, acrylic, polyurethanes and many more.

Decorative coatings are available in various attractive colors which give a well-finished look to the wall or any application. These types of coatings include wall paints, wood finishes, and enamel products. decorative coating has lower operating cost, high operating efficiencies, no VOC emissions, non-flammability, and low spark hazards.

The global decorative coatings market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global decorative coatings market is growing at a fast pace and increasing its geographical footprint rapidly. The global decorative coatings market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Asia Pacific region due to urbanization and expansion of building and constructions industry. The major growth driver for decorative coatings market is eco-friendliness of decorative coatings and rising per capita consumption.

Decorative coatings enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of decorative coatings market globally. The companies that lead global market are PPG Industries, Sherwin-Williams, AkzoNobel, Valspar Corporation, Asian Paints, Berger Paints, Jotun A/S, Masco Corporation, Benjamin Moore and Axalta Coating Systems.

Research Methodology

The research process includes the market segmentation of the global decorative coatings market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global decorative coatings market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (40%), Asia (40%), Europe (20%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global decorative coatings industry dynamics
• Estimation of the present global decorative coatings market size in terms of value and volume
• Global decorative coatings market breakup based on type and application
• Verified global decorative coatings market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global decorative coatings industry value chain.

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