Global Decorative Paints and Coatings Market Future Growth, Research Trends And Analysis

Decorative Paints & Coatings Market Report Overivew

The Decorative Paints & Coatings Market Research Report covers a detailed analysis of strategy, micro and macro market trends and scenarios, pricing analysis, and short-term market circumstances, as well as an in-depth look at the main rivals. The report covers future trends that are expected to drive the development of the Decorative Paints & Coatings market.

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The Decorative Paints & Coatings Market size was valued at USD 73.94 Billion in 2023 and the total Decorative Paints & Coatings revenue is expected to grow at a CAGR of 5.73 % from 2024 to 2030, reaching nearly USD 109.21 Billion by 2030.

Decorative Paints & Coatings Market Report Scope and Research Methodology

The global Decorative Paints & Coatings market report delineates both past and present growth trajectories, offering insights into the market's Compound Annual Growth Rate (CAGR), size, forecasts, revenue share, and pricing trends. Within the report, industry-specific challenges, lucrative opportunities, and technological advancements are expounded upon, aiding key players in enhancing their revenue and fostering growth. The report not only captures prevailing trends but also anticipates those driving the evolution of the Decorative Paints & Coatings market. Encompassing a competitive landscape, the report delves into prospective technical and financial aspects within the Decorative Paints & Coatings industry. It also encompasses comprehensive company profiles, encompassing details like capacity, manufacturing, pricing, costs, revenue, and relevant statistics. Utilizing a bottom-up approach, the report estimates the Decorative Paints & Coatings market size in terms of both value and volume.

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Decorative Paints & Coatings Market Regional Insights

The Decorative Paints & Coatings market study includes company profiles from various regions, as well as information on their business strategies and statistics. The analysis of dynamics and the Decorative Paints & Coatings market size has been provided at local, regional and global levels.

Decorative Paints & Coatings Market Segmentation

by Resin Type

Acrylic
Alkyd
Polyurethane
Others

by Product Type

Emulsions
Wood Coating
Enamels
Distempers
Others

by Technology Type

Water-based Paints
Solvent-based Paints
Powder Coatings
Specialty Coatings

Based on technology types, water-based paints held a dominant market share in the decorative paints and coatings market in 2023. Owing to growing environmental laws, these paints, which are renowned for their low volatile organic compounds (VOCs) and eco-friendliness, are widely used in both residential and commercial applications. Despite worries about volatile organic compound (VOC) emissions, solvent-based paints are widely used in industrial applications due to their exceptional durability and adherence, especially in the automotive and equipment sectors. Highly valued for their longevity and ability to withstand corrosion, powder coatings are primarily used in metal finishing applications in a variety of industries, such as architecture, appliances, and automobiles. Adoption in industries including healthcare, food processing, and infrastructure is fueled by specialty coatings, which come in a variety of formulas including anti-graffiti, antimicrobial, and heat-resistant coatings. Specialty coatings are designed for niche applications where certain performance criteria are critical.

by End-Use Industry

Residential
Commercial
Industrial
Automotive
Furniture & Woodwork

Decorative Paints & Coatings Market Key Players

Major Contributors in the Decorative Paints & Coatings Industry in North America:
1. Sherwin-Williams Company - Headquarters: Cleveland, Ohio, USA
2. PPG Industries, Inc. - Headquarters: Pittsburgh, Pennsylvania, USA
3. RPM International Inc. - Headquarters: Medina, Ohio, USA
4. Axalta Coating Systems Ltd. - Headquarters: Philadelphia, Pennsylvania, USA
5. Benjamin Moore & Co. - Headquarters: Montvale, New Jersey, USA

Leading Figures in the European Decorative Paints & Coatings Sector:
1. Akzo Nobel N.V. - Headquarters: Amsterdam, Netherlands
2. BASF SE - Headquarters: Ludwigshafen, Germany
3. DAW SE - Headquarters: Ober-Ramstadt, Germany
4. Hempel A/S - Headquarters: Copenhagen, Denmark
5. Jotun Group - Headquarters: Sandefjord, Norway
6. Akzo Nobel N.V. - Headquarters: Amsterdam, Netherlands

Key players driving the Asia-Pacific Decorative Paints & Coatings Market:
1. Nippon Paint Holdings Co., Ltd. - Headquarters: Osaka, Japan
2. Berger Paints India Limited - Headquarters: Kolkata, India
3. Guangdong Carpoly Chemical Group Co., Ltd. - Headquarters: Guangzhou, Guangdong, China
4. Shanghai Coatings Co., Ltd. - Headquarters: Shanghai, China
5. SKSHU Paint Co., Ltd. - Headquarters: Guangzhou, Guangdong, China

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Key questions answered in the Decorative Paints & Coatings Market are:

What are the Decorative Paints & Coatings Market segments?
Who are the top players in the Decorative Paints & Coatings industry?
What is the expected Decorative Paints & Coatings Market size by 2029?
What was the Decorative Paints & Coatings Market size in 2022?
Which region held the largest Decorative Paints & Coatings market share in 2022?

Key Offerings:

Market Overview
Market Share
Market Size
Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments, sub-segments and region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Table of content for the Decorative Paints & Coatings Market includes:

Global Decorative Paints & Coatings Market: Research Methodology
Global Decorative Paints & Coatings Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Decorative Paints & Coatings Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

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