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Decorative Coatings Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

Decorative Coatings Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Decorative Coatings Market: By Resin Type (Acrylic, Alkyd, and Polyurethane), By Product Type (Emulsions, Enamel, and Wood Coatings), By Technology (Water Based, and Solvent Based), By Application (Residential and Non-Residential), and Geography

 

 

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Report

Description

Decorative Coatings Market size was valued at USD 70.8 billion in 2021 and is poised to growing at a CAGR of 4.9% from 2022-28. Alteration and repair of residential, non-residential, commercial, and infrastructural structures are examples of building activities. According to PWC, worldwide construction output would increase by 85 percent by 2030, reaching USD 15.5 trillion. During the anticipated years, China, the United States, and India would contribute up to 57 percent of the industry’s overall growth. The recovery of the main economies is credited with this expansion. Per capita paint consumption is also driven by rising standards of living, increased disposable income, and evolving interior design trends. These variables have a beneficial impact on the decorative coatings market’s growth. The paints and coatings sector is heavily influenced by regulatory policies. Uncertainty can be created across the value chain as a result of potential regulatory changes. The time it takes for manufacturers at each node to accept the new rule and adopt new technology is referred to as this uncertainty. Raw material producers, formulators, channel partners, and end-users may be affected by various time-consuming regulatory changes in different locations. Decorative coatings manufacturers must constantly modify their processes to meet with new laws and reduce VOC emissions as a growing number of governments impose severe regulatory policies.

Decorative Coatings Market

MARKET SUMMARY
-
4.9%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 4.9%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Decorative Coatings Market

  • The report on global Decorative Coatings Market gives historical, current, and future market sizes (US$ Bn) on the basis of resin type, product type, technology, application and geography.
  • Decorative Coatings Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the global decorative coatings market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in global decorative coatings market activities.
Key Players
  • PPG Industries (U.S.)
  • AkzoNobel N.V. (Netherlands)
  • Sherwin-Williams Company (U.S.)
  • Asian Paints (India)
  • Masco Corporation (U.S.)
Decorative Coatings Market Dynamics

Based on resin type, the global decorative coatings market is segmented into acrylics, alkyds, and polyurethane. Acrylics segment is expected to dominate the market due to its peculiar characteristics such as resistance to chalking, optical clarity, resistance to sunlight, rigid with good strength, and excellent dimensional stability.Moreover, launch of newer products in various countries enables the growth of decorative coatings market over the forecast years.

Asia-Pacific Got Significant Share

Decorative Coatings Market

Asia Pacific accounted for major revenue share in global decorative coatings due to increased demand of decorative coatings from the growing population and emerging opportunities. U.S accounted for major revenue share due to increased application of decorative coatings in construction industry. Europe exhibits a significant growth in decorative coatings market due to increased application of decorative coatings in wind turbine industries. Latin America shows a significant growth in market owing to increased offshore and onshore application. Middle East and Africa decorative coatings market is also expected to rise in the forecast period due to country’s regulatory policy and increased government initiated plans.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Features of the Report

  • The decorative coatings market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Decorative Coatings Market Segmentation

segmentation-block-image

Resin Type

    • Acrylic
    • Alkyd
    • Polyurethane
segmentation-block-image

Product Type

    • Emulsions
    • Enamel
    • Wood Coatings
segmentation-block-image

By Application

    • Residential
    • Non-Residential
Location

GEOGRAPHY

Frequently Asked Questions

The decorative coatings market is projected to expand at a CAGR of 4.9% during the forecast period

PPG Industries (U.S.), AkzoNobel N.V. (Netherlands), Sherwin-Williams Company (U.S.), Asian Paints (India) and Masco Corporation (U.S.).

North America is the fastest-growing region in the decorative coatings market

Report

Table Of Content

  1. Executive Summary
  2. Europe Decorative Coatings Market Introduction

2.1. Europe Decorative Coatings Market – Taxonomy

2.2. Europe Decorative Coatings Market –Definitions

2.2.1. By Resin Type

2.2.2. By Product Type

2.2.3. By Technology

2.2.4. By Application

  1. Europe Decorative Coatings Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Europe Decorative Coatings Market Dynamics – Factors Impact Analysis

3.6. Europe Decorative Coatings Market – Application  Innovations

  1. Europe Decorative Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Oppurtunity Analysis

  1. Europe Decorative Coatings Market, By Resin Type, 2014 – 2018 and Forecast, 2019 – 2025

5.1. Acrylic

5.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

5.1.3. Market Opportunity Analysis

5.2. Alkyd

5.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

5.2.3. Market Opportunity Analysis

5.3. Polyurethane

5.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

5.3.3. Market Opportunity Analysis

  1. Europe Decorative Coatings Market, By Product Type, 2014 – 2018 and Forecast, 2019 – 2025

6.1. Emulsion

6.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

6.1.3. Market Opportunity Analysis

6.2. Enamel

6.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

6.2.3. Market Opportunity Analysis

6.3. Wood Coating

6.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

6.3.3. Market Opportunity Analysis

  1. Europe Decorative Coatings Market, By Technology Type, 2014 – 2018 and Forecast, 2019 – 2025

7.1. Water-Based

7.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

7.1.3. Market Opportunity Analysis

7.2. Solvent Based

7.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

7.2.3. Market Opportunity Analysis

  1. Europe Decorative Coatings Market, By Application Type, 2014 – 2018 and Forecast, 2019 – 2025

8.1. Residential

8.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

8.1.3. Market Opportunity Analysis

8.2. Non-Residential

8.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

8.2.3. Market Opportunity Analysis

  1. Europe Decorative Coatings Market Forecast, By country, 2014 – 2018 and Forecast, 2019 – 2025

9.1. Germany

9.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.1.3. Market Opportunity Analysis

9.2. UK

9.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.2.3. Market Opportunity Analysis

9.3. France

9.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.3.3. Market Opportunity Analysis

9.4. Russia

9.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.4.3. Market Opportunity Analysis

9.5. Italy

9.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.5.3. Market Opportunity Analysis

9.6. Rest of Europe

9.6.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

9.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.6.3. Market Opportunity Analysis

9.7. Europe Decorative Coatings Market – Opportunity Analysis Index, By Resin Type, By Product Type, By Technology, By Application, and Country, 2018 – 2025

  1. Germany Decorative Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

10.1. By Resin Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Acrylic

10.1.2. Alkyd

10.1.3. Polyurethane

10.2. By Product Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

10.2.1. Emulsion

10.2.2. Enamel

10.2.3. Wood Coatings

10.3. By Technology Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

10.3.1. Water-Based

10.3.2. Solvent-Based

10.4. By Application Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

10.4.1. Residential

10.4.2. Non-Residential

10.5. Germany Decorative Coatings Polymers Market – Opportunity Analysis Index, By Resin Type , By Product Type, By Technology and By Application, 2019 – 2025

10.6. Germany Decorative Coatings Polymers Market Dynamics – Trends

  1. UK Decorative Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

11.1. By Resin Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Acrylic

11.1.2. Alkyd

11.1.3. Polyurethane

11.2. By Product Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

11.2.1. Emulsion

11.2.2. Enamel

11.2.3. Wood Coatings

11.3. By Technology Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

11.3.1. Water-Based

11.3.2. Solvent-Based

11.4. By Application Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

11.4.1. Residential

11.4.2. Non-Residential

11.5. UK Decorative Coatings Polymers Market – Opportunity Analysis Index, By Resin Type , By Product Type, By Technology and By Application, 2019 – 2025

11.6. UK Decorative Coatings Polymers Market Dynamics – Trends

  1. France Decorative Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

12.1. By Resin Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

12.1.1. Acrylic

12.1.2. Alkyd

12.1.3. Polyurethane

12.2. By Product Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

12.2.1. Emulsion

12.2.2. Enamel

12.2.3. Wood Coatings

12.3. By Technology Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

12.3.1. Water-Based

12.3.2. Solvent-Based

12.4. By Application Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

12.4.1. Residential

12.4.2. Non-Residential

12.5. France Decorative Coatings Polymers Market – Opportunity Analysis Index, By Resin Type , By Product Type, By Technology and By Application, 2019 – 2025

12.6. France Decorative Coatings Polymers Market Dynamics – Trends

  1. Russia Decorative Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

13.1. By Resin Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

13.1.1. Acrylic

13.1.2. Alkyd

13.1.3. Polyurethane

13.2. By Product Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

13.2.1. Emulsion

13.2.2. Enamel

13.2.3. Wood Coatings

13.3. By Technology Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

13.3.1. Water-Based

13.3.2. Solvent-Based

13.4. By Application Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

13.4.1. Residential

13.4.2. Non-Residential

13.5. Russia Decorative Coatings Polymers Market Opportunity Analysis Index, By Resin Type , By Product Type, By Technology and By Application, 2019 – 2025

13.6. Russia Decorative Coatings Polymers Market Dynamics – Trends

  1. Italy Decorative Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

14.1. By Resin Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

14.1.1. Acrylic

14.1.2. Alkyd

14.1.3. Polyurethane

14.2. By Product Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

14.2.1. Emulsion

14.2.2. Enamel

14.2.3. Wood Coatings

14.3. By Technology Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

14.3.1. Water-Based

14.3.2. Solvent-Based

14.4. By Application Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

14.4.1. Residential

14.4.2. Non-Residential

14.5. Italy Decorative Coatings Polymers Market – Opportunity Analysis Index, By Resin Type , By Product Type, By Technology and By Application, 2019 – 2025

14.6. Italy Decorative Coatings Polymers Market Dynamics – Trends

  1. Rest of Europe Decorative Coatings Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

15.1. By Resin Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

15.1.1. Acrylic

15.1.2. Alkyd

15.1.3. Polyurethane

15.2. By Product Type Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

15.2.1. Emulsion

15.2.2. Enamel

15.2.3. Wood Coatings

15.3. By Technology Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

15.3.1. Water-Based

15.3.2. Solvent-Based

15.4. By Application Analysis (2014 – 2018) and Forecast (2018 – 2025) by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%), and Market Share (%)

15.4.1. Residential

15.4.2. Non-Residential

15.5. Rest of Europe Decorative Coatings Polymers Market – Opportunity Analysis Index, By Resin Type , By Product Type, By Technology and By Application, 2019 – 2025

15.6. Rest of Europe Decorative Coatings Polymers Market Dynamics – Trends

  1. Competition Landscape

16.1. Strategic Dashboard of Top Market Players

16.2. Company Profiles (Introduction, Financial Analysis, Application  & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

16.2.1. PPG Industries (U.S.)

16.2.2. AkzoNobel N.V. (Netherlands)

16.2.3. Sherwin-Williams Company (U.S.)

16.2.4. Asian Paints (India)

16.2.5. Masco Corporation (U.S.)

16.2.6. Kansai Paints Co., Ltd. (Japan)

16.2.7. DuluxGroup Ltd. (Australia)

16.2.8. Jotun A/S (Norway)

16.2.9. DAW SE (Germany)

16.2.10. Nippon Paint Co., Ltd. (Japan).

  1. Research Methodology
  2. Key Assumptions and Acronyms
Report

Company Profile

  • PPG Industries (U.S.)
  • AkzoNobel N.V. (Netherlands)
  • Sherwin-Williams Company (U.S.)
  • Asian Paints (India)
  • Masco Corporation (U.S.)
  • Kansai Paints Co., Ltd. (Japan)
  • DuluxGroup Ltd. (Australia)
  • Jotun A/S (Norway)
  • DAW SE (Germany)
  • Nippon Paint Co., Ltd. (Japan).

Description

Decorative Coatings Market size was valued at USD 70.8 billion in 2021 and is poised to growing at a CAGR of 4.9% from 2022-28. Alteration and repair of residential, non-residential, commercial, and infrastructural structures are examples of building activities. According to PWC, worldwide construction output would increase by 85 percent by 2030, reaching USD 15.5 trillion. During the anticipated years, China, the United States, and India would contribute up to 57 percent of the industry’s overall growth. The recovery of the main economies is credited with this expansion. Per capita paint consumption is also driven by rising standards of living, increased disposable income, and evolving interior design trends. These variables have a beneficial impact on the decorative coatings market’s growth. The paints and coatings sector is heavily influenced by regulatory policies. Uncertainty can be created across the value chain as a result of potential regulatory changes. The time it takes for manufacturers at each node to accept the new rule and adopt new technology is referred to as this uncertainty. Raw material producers, formulators, channel partners, and end-users may be affected by various time-consuming regulatory changes in different locations. Decorative coatings manufacturers must constantly modify their processes to meet with new laws and reduce VOC emissions as a growing number of governments impose severe regulatory policies.

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