Decorative Coatings Market report provides data on patterns, improvements, target business sectors, materials, limits, and advancements. By thinking from the customer’s perspective, a team of researchers, forecasters, analysts and industry experts work carefully to design this industry analysis report. Furthermore, it works to determine the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. This gives more truthful understanding of the market landscape, issues that may affect the industry in the future, and how to best position specific brands. The Decorative Coatings Market report helps to expand a successful marketing strategy for the business and acts as a backbone to the business.
The Data within the whole Decorative Coatings Market report is demonstrated in a statistical format to offer a better understanding upon the dynamics. The market report makes businesses focus on the more vital aspects of the market.
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.
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Decorative coatings are the paint or coating materials used or applied for the enhancement of physical strength and aesthetic appeal of the surfaces they are applied to. They protect against corrosion, bacteria, moisture and even UV radiation. They are available in a number of different colours which makes the application of these coatings on the different sources appealing.
Drivers and Restraints of the Decorative Coatings market
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
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
Global Decorative Coatings Market Segmentation:
By Resin Type: Acrylic, Alkyd, Polyurethane, Epoxy, Polyester
By Formulation: Water-Based, Solvent-Based
By Substrate: Metal, Plastic, Glass
By Coat Type: Top Coat, Base Coat
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The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as 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.
Decorative Coatings report gives clear idea about strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. Company profiles of the key market competitors are analyzed with respect to company snapshot, geographical presence, product portfolio, and recent developments. This market report deals with plentiful aspects of the market. This market research report is across-the-board and object-oriented which is framed with the combination of a splendid industry experience, talent solutions, industry insight and most modern tools and technology.
To comprehend Decorative Coatings market dynamics in the world mainly, the worldwide Decorative Coatings market is analyzed across major global regions.
- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
Key Stakeholders/Global Reports:
Decorative Coatings Manufacturers
Decorative Coatings Distributors/Traders/Wholesalers
Decorative Coatings Subcomponent Manufacturers
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