Global Decorative Coatings Market 2024-2028
Decorative Coatings Market 2024-2028
The decorative coatings market is forecasted to grow by USD 15.80 bn during 2023-2028, accelerating at a CAGR of 4.1% during the forecast period. The report on the decorative coatings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from emerging economies, growing construction industry, and advantages offered by waterborne coatings.
Technavio's decorative coatings market is segmented as below:
By Technology
- Waterborne coatings
- Solvent-borne coatings
- Powder coatings
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing focus on bio-based and eco-friendly products as one of the prime reasons driving the decorative coatings market growth during the next few years. Also, growing popularity of nanocoatings and development of self-cleaning and self-healing coatings will lead to sizable demand in the market.
The report on the decorative coatings market covers the following areas:
- Decorative Coatings Market sizing
- Decorative Coatings Market forecast
- Decorative Coatings Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading decorative coatings market vendors that include Akzo Nobel NV, Asian Paints Ltd., BASF SE, Benjamin Moore and Co., Carpoly Chemical Group Co. Ltd., Cloverdale Paint Inc., Cromology, DAW SE, Diamond Vogel, Fujikura Co. Ltd., Guangdong Maydos Building Materials Ltd. Co., Hempel AS, Jotun AS, Kansai Paint Co. Ltd., Lanco Paints, Masco Corp., PPG Industries Inc., RPM International Inc., STO Corp., and The Sherwin Williams Co.. Also, the decorative coatings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.