The thriving construction industry and other major driving factors is expected to favor the rise in the global decorative paints market
Reports and Insights has published a new report titled, “Decorative Paints Market: Opportunity Analysis and Future Assessment 2022-2030”
Global Decorative Paints Market, By Product Type (Water based paints, Solvent based paints), By Formulation (Emulsion based paints, Distemper), By Paint Type (Interior Paints, Exterior Paints), By Sales Channel (Online, Offline), By Price (Premium, Medium, Economical), By End-Use (Residential, Non-residential) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
Decorative paints can be perceived as acrylic paints that are generally used when it is required to give unique textures and aesthetic designs in various interior and exterior applications. One of the major factors that is primarily expected to drive the market growth of decorative paints is the improved standard of living of people along with the soaring fascination of consumers in the direction of enhancing the aesthetic appeal of their residential buildings and homes, which is clearly projected to boost the demand of decorative paints and coatings in the near future.
Browse the full report at https://reportsandinsights.com/report/decorative-paints-market
Moreover, the middle class is increasing all over the world, particularly in emerging markets. This has an immediate impact on the decorative paints market, which benefits from the growing middle class spending in better housing. Owing to which, the global decorative paints market is projected to witness significant growth over the following years. In addition to that, governments and the regulatory bodies are also aiming their focus on enhancing the infrastructure all across the globe, and thus the thriving construction industry is also estimated to accelerate the growth of the global decorative paints market over the forecast period.
Having said that, the regulatory policies are also likely to have a considerable impact on the decorative paints & coatings industry. The potential variations in regulations may further create huge uncertainty across the value chain. Such factors are expected to act as a restraining factor and may slow down the growth of the global decorative paints market in the following years.
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Furthermore, several hazardous effects of lead in paints on the individuals coming in contact as well as on the environment has led numerous industries worldwide to divert their operations towards an environment-friendly replacement in the form of powder coatings. Said factors may pose challenges for the growth of the global decorative paints market in the coming years.
Reports and Insights Study identifies some of the key participating players in the decorative paints market globally are THE SHERWIN-WILLIAMS COMPANY, PPG INDUSTRIES INC., AKZONOBEL N.V., BASF SE, ASIAN PAINTS LIMITED, KANSAI PAINT CO., LTD., NIPPON PAINT HOLDINGS CO. LTD., Axalta, JOTUN A/S, HEMPEL A/S, DAW SE, DuluxGroup Limited, DIAMOND-VOGEL PAINT COMPANY, BENJAMIN MOORE & CO., BRILLUX GMBH & CO. KG, among others.
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Global Decorative Paints Market: Demand Analysis and Growth ForecastAs per the findings of a newly published market research report by IndustryARC, the decorative paints market size hovered around $76,655 million in 2018, and the market demand is projected to grow at a notable CAGR of around 5.30% during the forecast period of 2019 to 2025.
The report is titled “Decorative Paints Market: by product type (water based decorative paints, solvent based decorative paints), by application (commercial sector, residential sector), by price (premium range, medium range, distemper range) & geography – forecast (2019 - 2025).” This report covers Decorative Paints Market Size by product type and application, Decorative Paints Market share by top 5 companies and also the market share by start-ups during the forecast period.View Full Table of Contents of Decorative Paints Market:https://www.industryarc.com/Report/15893/decorative-paints-market.htmlReport Price (Single User): US $3850Decorative paints are a specific type of paints that are used on the interiors and exteriors of both not-for-profit and commercial buildings such as homes, schools, and office spaces.
Demand is also expected to peak during the festive seasons as compared to other periods owing to a sudden surge in household cleaning, and revamping.On an average, around 900,000 tons per annum of decorative paint is consumed globally and supplied by the major paint companies.
The rise in disposable income, and increasing construction and renewing the existing buildings are the factors driving the growth of the decorative paints market during the forecast period of 2019 to 2025.
Analyst of the report says that, architectural coatings application is dominating among other diverse applications such as commercial, and residential sectors; it is estimated to grow with a good CAGR around 5.6% during the forecast period 2019-2025.
Architectural coatings are the coatings applied on profitable and non-profitable buildings for both decorative and protective purposes.Global Decorative Paints Market: TrendsNew technological advances, such as nanostructured paintings, is driving the growth of the market.
Get FREE Sample Report Before Buying @ https://www.upmarketresearch.com/home/requested_sample/7476 UpMarketResearch offers a latest published report on “Global Decorative Paints and Coatings Market Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.
The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
Region-wise Analysis Global Decorative Paints and Coatings Market covers:North AmericaEuropeChinaJapanIndiaSoutheast AsiaOther regions (Central & South America, Middle East & Africa) The Major players reported in the market include:AkzoNobelThe Sherwin-Williams CompanyPPG IndustriesAsian PaintsKansai PaintsArkemaBASFBenjamin MooreBerger PaintsCromologyDunn-EdwardsNOROO Paint & CoatingsNuplex IndustriesRing InternationalTikkurila For More Information, Please Visit https://www.upmarketresearch.com/home/enquiry_before_buying/7476 Global Decorative Paints and Coatings Market: Product Segment Analysis:Solvent basingWater basing Global Decorative Paints and Coatings Market: Application Segment Analysis:Non-residentialResidential The Report covers in-depth analysis as follows:Chapter 1 Industry Overview of Decorative Paints and CoatingsChapter 2 Manufacturing Cost Structure Analysis of Decorative Paints and CoatingsChapter 3 Technical Data and Manufacturing Plants Analysis of Decorative Paints and CoatingsChapter 4 Global Decorative Paints and Coatings Overall Market OverviewChapter 5 Decorative Paints and Coatings Regional Market AnalysisChapter 6 Global 2013-2018E Decorative Paints and Coatings Segment Market Analysis (by Type)Chapter 7 Global 2013-2018E Decorative Paints and Coatings Segment Market Analysis (by Application)Chapter 8 Major Manufacturers Analysis of Decorative Paints and CoatingsChapter 9 Development Trend of Analysis of Decorative Paints and Coatings MarketChapter 10 Decorative Paints and Coatings Marketing Type AnalysisChapter 11 Consumers Analysis of Decorative Paints and CoatingsChapter 12 Conclusion of the Global Decorative Paints and Coatings Market Professional Survey Report 2017 Buy Decorative Paints and Coatings Market analysis & forecast 2018-2023 Report along with complete TOC @ https://www.upmarketresearch.com/buy/decorative-paints-and-coatings-market “Decorative Paints and Coatings Market Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
Decorative Paints & Coatings market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Decorative Paints & Coatings market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Decorative Paints & Coatings market is segmented into:PropyleneAlkydPolyurethane (PU)OtherDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/60554/global-japan-decorative-paints-coatings-2026-338Segment by Application, the Decorative Paints & Coatings market is segmented into:ResidentialBusinessRegional and Country-level Analysis:The Decorative Paints & Coatings market is analysed and market size information is provided by regions (countries).The key regions covered in the Decorative Paints & Coatings market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Decorative Paints & Coatings Market Share Analysis:Decorative Paints & Coatings market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
