The Global Decorative Coatings Market is expected to exceed more than US$ 119.0 Billion by 2024 at a CAGR of 5.5% in the given forecast period.
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The scope of the report includes a detailed study of global and regional markets on Decorative Coatings Market with the reasons given for variations in the growth of the industry in certain regions.
Decorative coatings or architectural coatings are fluid paint covering available in energetic tones covered on the surface of interior and exterior of architectures. The main objective of these elements of covering are decorative or protective purpose and in addition for avoiding cracks, water drainage, moisture, protect from fungus, bacteria, UV radiation, corrosion, and enhancement of the structure. This market covers products such as interior and exterior wall paints, enamel products, wood finishes etc.
The Global Decorative Coatings Market is segmented on the lines of its technology, treatment, application and regional. Based on technology segmentation it covers Based on type analysis segmentation it covers primer, enamel, emulsion, and others. On the basis of technology analysis it includes water borne and solvent borne. On application analysis basis it consists of the Decorative Coatings Market is categorized into residential, non-residential and others.
The Global Decorative Coatings Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include BASF SE (Germany), Arkema S.A. (France), TikkurilaOyj (Finalnd) PPG Industries Inc. (U.S.), The Sherwin-Williams Company (U.S.), Akzo Nobel N.V. (the Netherlands), Kansai Paint Co., Ltd. (U.S.), The Valspar Corporation (U.S.), Nippon Paints Co. Ltd (Japan), and Asian Paints Limited (Switzerland). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Global Decorative Coatings Market has been segmented as below:
Decorative Coatings Market is segmented on the Basis of Type Analysis, Technology Analysis, Application Analysis and Regional Analysis.
By Type Analysishis market is segmented on the basis of Primer, Enamel, Emulsion and Others. By Technology Analysis this market is segmented on the basis of Water borne and Solvent borne.
By Application Analysis this market is segmented on the basis of Residential, Non-residential and Others. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
The major driving factors of Global Decorative Coatings Market are as follows:
- Surging in population globally
- Rise in disposable income and along with growing renovation and customization of colorants
- Growing knowledge about ecofriendly products
- Growth in expenditure of construction action
- Unexplored area of opportunities in emerging nation
The restraining factors of Global Decorative Coatings Market are as follows:
- Stringent government regulations
- Toxic organic chemicals has been banned globally
- Unstable raw materials prices
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This report provides:
1) An overview of the global market for Decorative Coatings Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Global Decorative Coatings Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Global Decorative Coatings Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Decorative Coatings Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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