For generating such brilliant Decorative Coatings market research report, principal attributes such as highest level of spirit, practical solutions, dedicated research and analysis, innovation, talent solutions, integrated approaches, most advanced technology and commitment plays a key role. All of these features are strictly applied while building this market report for a client. It presents a definite solution to obtain market insights with which businesses can think about market place clearly and thereby take important decisions for growth of the business.
The universal Decorative Coatings market report includes all the company profiles of the major players and brands. Decorative Coatings marketing report describes in-depth and comprehensive market study along with current and forthcoming opportunities that emphasizes the future market investment. It becomes simple to illustrate the commerce strategies for the businesses of small, medium as well as large size with the help of this industry report. The market insights obtained through this market research eases the understanding of the market landscape, related issues that may interrupt in the future, and ways to position specific brand brilliantly. Deliberately analyzed facts and figures of the Chemical and Materials industry and powerful business insights mentioned in the persuasive Decorative Coatings report are the key aspects to achieve long-term business growth.
Decorative coatings market will grow at a rate of 4.70% for the forecast period of 2021 to 2028. Rising growth of the construction industry is a vital factor driving the growth of decorative coatings market.
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Market Overview:
Decorative coatings encompass paint and coating materials that enhance both the physical robustness and visual allure of the surfaces they are applied to. These coatings serve a dual purpose by safeguarding against issues like corrosion, moisture, bacteria, and UV radiation. Available in a diverse range of colors, they possess a strong visual appeal when applied to various surfaces.
The expansion of eco-friendly coating systems holds significant importance in driving market growth. This expansion is accompanied by the development of more resilient coatings that offer superior performance and aesthetics. The global surge in urbanization and industrialization further contributes to this growth, while ongoing advancements and innovations in the field propel the market forward.
A growing demand for these products in the construction sector arises from their capacity to bolster surface durability and appearance, while simultaneously shielding against harsh external elements like UV radiation, extreme temperatures, acid rain, and foreign particles. This demand is evident across several countries including China, the U.S., Mexico, Qatar, UAE, India, Vietnam, and Singapore.
The market's upward trajectory is also influenced by the incorporation of outstanding properties such as moisture resistance, corrosion resistance, UV radiation resistance, bacteria resistance, and heat resistance. Additionally, the market experiences growth in regions with less stringent regulations, along with increased research and development endeavors. Investments in emerging markets add another layer of opportunity to the decorative coatings market, especially in the projected timeline from 2021 to 2028.
The major players covered in the decorative coatings market report are :
- 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 Corporation
- Clariant
- Eastman Chemical Company
- Tikkurila
- Cromology
- HEMPEL A/S
- Ashland
- RPM International Inc.
Decorative Coatings Market Country Level Analysis
Decorative coatings market is analysed and market size, volume information is provided by country, product, resin type, formulation, substrate, coat type and application as referenced above.
The countries covered in the decorative coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the decorative coatings market due to rising construction spending along with rapid economic development in China, India, Indonesia, South Korea, and Thailand and growing domestic producers along with increasing infrastructure sector in this region. Middle East and Africa (MEA) is the expected region in terms of growth in decorative coatings market due to increasing construction activities mainly in UAE and Qatar due to economic recovery, advanced real estate regulatory framework, and increasing infrastructure project in this region.
The country section of the decorative coatings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Decorative Coatings Market Share Analysis
The competitive environment of the decorative coatings market is presented with comprehensive information about each competitor. This information encompasses an overview of the company, its financial performance, revenue generation, market opportunities, commitment to research and development, recent endeavors to enter new markets, worldwide reach, manufacturing locations and resources, production capabilities, as well as an assessment of the company's strengths and areas for improvement. Additionally, details about product introductions, the range and diversity of products, and dominance in various applications are included. It's important to note that these data points specifically pertain to the strategic efforts of the companies within the decorative coatings market.
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Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Decorative Coatings Market
Chapter 3: Regional analysis of the Global Decorative Coatings Market industry
Chapter 4: Decorative Coatings Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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