Decorative Coatings Market size is projected to reach USD 85.9 Billion by 2028 from an estimated USD 64.8 Billion in 2021, growing at a CAGR of 4.1% globally.
Decorative coatings are mostly used for decorative applications. However, exterior decorative coatings additionally provide protection from various environmental conditions. These coatings are applied to domestic appliances for greater looks and corrosion protection. Decorative coatings has wide range of applications in new constructions and remodeling of older buildings.
Decorative coatings are the paints and coatings used to coat buildings and homes. Most are designated for specific uses such as roof coatings, wall paints, or deck finishes. No matter its use, each architectural coating must provide certain decorative, durable, and protective functions.
Decorative coatings ensure that the buildings 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.
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Leading Key Players Covered in Decorative Coatings market:
- Asian Paints
- Berger Paints
- Benjamin Moore
- DAW SE
- RPM International
- The Sherwin-Williams Company
- PPG Industries
- Kansai Paints
These companies are devising key strategies such as acquisitions, merges, collaborations, partnerships, new product launches, regional expansions, and targeting untapped markets to gain competitive advantage over other players working in the market.
Introspective Market Research offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. Introspective Market Research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
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Segmentation of Decorative Coatings market:
- Wood Coatings
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Geographic Segment Covered in the Report
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
Key benefits of the report
- This study presents the analytical depiction of the global Decorative Coatings industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Decorative Coatings market share.
- The current market is quantitatively analyzed from 2022 to 2028 to highlight the Decorative Coatings market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Decorative Coatings market analysis based on the present and future competitive intensity of the market.
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