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Decorative coatings paint or a layer is used on the surface of interiors or exteriors to strengthen the performance and to increase its artistic beauty. It protects the surface under uncertain conditions such as extreme wild climate, fluctuating temperature, pollution, corrosion, and UV rays.
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Decorative Coatings Market The Decorative Coatings Market is predicted to reach $113.68 billion with a CAGR of 4.23% by 2030. Market Key Segments - By Product Type Next Move Strategy Consulting
Table Of Content Market Overview 01 Market Segmentation 02 Regional Analysis 03 Key Market Players 04 Key Highlights 05 Next Move Strategy Consulting
Market Overview • Decorative coatings paint or a layer is used on the surface of interiors or exteriors to strengthen the performance and to increase its artistic beauty. • It protects the surface under uncertain conditions such as extreme wild climate, fluctuating temperature, pollution, corrosion, and UV rays. • These coatings are mostly applied on metals, wood, and walls. Decorative coatings are available in various attractive colours & designs and it can be further customized accordingly. • It covers almost every sector such as real estate, healthcare, corporate, hypermarket, supermarket, malls, and so on. • The demand for decorative coatings is significantly enhanced owing to rapid modernization & urbanization along with various government initiatives such as development of smart cities, industrial corridors, infrastructure projects, and reconstruction of existing cities in developing economies like China, India, Brazil, and others. • Moreover, the growth of eco-friendly decorative coatings with more durability that comes with esthetical designs with better performance is further expected to drive the growth of the decorative coatings market. Next Move Strategy Consulting
Market Segmentation By Product Type • Emulsions • Wood Coating • Enamels • Distempers • Others By User Type • DIY • Professional By Technology • Water borne • Solvent borne • Powder By Application • Architectural • Automotive • Domestic Appliances • Medical • Sporting Goods • Jewellery • Cosmetics • Aerospace By Substrate • Metal • Plastic • Glass • Others By Resin Type • Acrylic, Alkyd • Polyurethane • Epoxy • Polyester • Others By Coating Type • Interior • Exterior Next Move Strategy Consulting
Regional Analysis Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia North America • The U.S. • Canada • Mexico Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries Next Move Strategy Consulting
Key Market Players • BASF SE • PPG Industries Inc. • The Sherwin-Williams Company • Akzo Nobel N.V. • Asian Paints Limited • Kansai Paint Co., Ltd. • The Valspar Corporation • Nippon Paints Co. Ltd • Tikkurila Oyj Next Move Strategy Consulting
Key Highlights • Market Growth : The decorative coatings market is experiencing steady growth, driven by rising demand in the residential and commercial sectors for aesthetics and protection. • Product Segmentation : The market is segmented into various types, including paints, varnishes, and coatings. Water-based coatings are gaining popularity due to their lower environmental impact. • Regional Insights : North America and Europe are significant markets due to established construction industries and consumer preference for high-quality finishes. • Sustainability Trends : Increasing awareness of environmental issues is prompting manufacturers to develop eco-friendly and low-VOC (volatile organic compounds) products. • Technological Innovations : Advances in technology, such as the development of smart coatings with self-cleaning properties, are creating new opportunities in the market. • End-user Applications : Key end-user segments include residential, commercial, and industrial applications, with residential renovations and new construction driving significant demand. Next Move Strategy Consulting
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