Decorative Coatings Market Size, Share & Trends Analysis Report By Product (Primer, Enamel, Emulsion, Others), By Technology, By Application, By Region, And Segment Forecasts, 2024

Description

Decorative Coatings Market Growth & Trends:

The global decorative coatings market size is anticipated to reach USD 116.40 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 4.8% from 2024 to 2030. Rising construction spending in light of urbanization, population growth and government infrastructural plan will augment industry growth. Emerging economies in Southeast Asia including Malaysia, Thailand and Singapore are projected to witness a surge owing to increasing commercial establishments including shopping malls and business parks.

Waterborne coatings accounted for over 70% of global revenue and are expected to gain share over solventborne owing to its non-requirement of additives, hardeners or thinners resulting in cost advantage. In addition, the U.S. EPA and REACH promotes use of waterborne technology which is expected to stimulate market expansion over the next seven years.

Ongoing product development by various companies to manufacture cost-efficient and high performance coatings is further expected to drive demand over the next seven years. However, fluctuating raw material prices along with adverse environment impact of solventborne coatings is expected to restrict market growth over the next seven years. Introduction of nanocoatings along with green coatings is expected to open new opportunities for growth over the forecast period.

Decorative Coatings Market Report Highlights:

The emulsion dominated the market and accounted for a revenue share of 41.3% in 2023. The factor driving the dominance of emulsion paints is its environmentally friendly characteristics
The water-borne coatings dominated the market and accounted for the largest revenue share in 2023 due to increasing government regulations and growing consumer awareness regarding sustainability & eco-friendliness
The residential segment dominated the market and accounted for the largest revenue share in 2023 due to increasing consumer awareness regarding home aesthetics
The Asia Pacific decorative coatings market dominated the market with the largest revenue share of 38.7% in 2023

Product Code: 978-1-68038-684-4

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Decorative Coatings Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (Volume in Kilo Tons) (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Decorative Coatings Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Decorative Coatings Market: Product Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Decorative Coatings Market: Product Movement Analysis, 2023 & 2030 (USD Million)
4.3. Primer
- 4.3.1. Primer Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
4.4. Enamel
- 4.4.1. Enamel Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
4.5. Emulsion
- 4.5.1. Emulsion Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
4.6. Others
- 4.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)

Chapter 5. Decorative Coatings Market: Technology Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Decorative Coatings Market: Technology Movement Analysis, 2023 & 2030 (USD Million)
5.3. Water-borne Coatings
- 5.3.1. Water-borne Coatings Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
5.4. Solvent-borne Coatings
- 5.4.1. Solvent-borne Coatings Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
5.5. Powder Coatings
- 5.5.1. Powder Coatings Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)

Chapter 6. Decorative Coatings Market: Application Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Decorative Coatings Market: Application Movement Analysis, 2023 & 2030 (USD Million)
6.3. Residential
- 6.3.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
6.4. Commercial
- 6.4.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
6.5. Industrial
- 6.5.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
6.6. Infrastructure
- 6.6.1. Infrastructure Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)

Chapter 7. Decorative Coatings Market: Regional Estimates & Trend Analysis

7.1. Decorative Coatings Market Share, By Region, 2023 & 2030 (USD Million)
7.2. North America
- 7.2.1. North America Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.2.2. U.S.
  - 7.2.2.1. U.S. Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.2.3. Canada
  - 7.2.3.1. Canada Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.2.4. Mexico
  - 7.2.4.1. Mexico Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3. Europe
- 7.3.1. Europe Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.3.2. Germany
  - 7.3.2.1. Germany Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.3.3. UK
  - 7.3.3.1. UK Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.3.4. France
  - 7.3.4.1. France Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.3.5. Italy
  - 7.3.5.1. Italy Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.3.6. Spain
  - 7.3.6.1. Spain Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.4. Asia Pacific
- 7.4.1. Asia Pacific Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.4.2. China
  - 7.4.2.1. China Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.4.3. India
  - 7.4.3.1. India Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.4.4. Japan
  - 7.4.4.1. Japan Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.4.5. South Korea
  - 7.4.5.1. South Korea Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.5. Latin America
- 7.5.1. Latin America Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.5.2. Brazil
  - 7.5.2.1. Brazil Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.5.3. Argentina
  - 7.5.3.1. Argentina Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.6.2. Saudi Arabia
  - 7.6.2.1. Saudi Arabia Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.6.3. UAE
  - 7.6.3.1. UAE Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.6.4. Oman
  - 7.6.4.1. Oman Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.6.5. Kuwait
  - 7.6.5.1. Kuwait Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
- 7.6.6. Qatar
  - 7.6.6.1. Qatar Decorative Coatings Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
- 8.4.1. The Sherwin-Williams Company
  - 8.4.1.1. Participant's Overview
  - 8.4.1.2. Financial Performance
  - 8.4.1.3. Product Benchmarking
  - 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. PPG Industries
  - 8.4.2.1. Participant's Overview
  - 8.4.2.2. Financial Performance
  - 8.4.2.3. Product Benchmarking
  - 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. Akzo Nobel N.V.
  - 8.4.3.1. Participant's Overview
  - 8.4.3.2. Financial Performance
  - 8.4.3.3. Product Benchmarking
  - 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. BASF SE
  - 8.4.4.1. Participant's Overview
  - 8.4.4.2. Financial Performance
  - 8.4.4.3. Product Benchmarking
  - 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Jotun
  - 8.4.5.1. Participant's Overview
  - 8.4.5.2. Financial Performance
  - 8.4.5.3. Product Benchmarking
  - 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. Asian Paints
  - 8.4.6.1. Participant's Overview
  - 8.4.6.2. Financial Performance
  - 8.4.6.3. Product Benchmarking
  - 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. Kansai Paint Co.,Ltd.
  - 8.4.7.1. Participant's Overview
  - 8.4.7.2. Financial Performance
  - 8.4.7.3. Product Benchmarking
  - 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. RPM International
  - 8.4.8.1. Participant's Overview
  - 8.4.8.2. Financial Performance
  - 8.4.8.3. Product Benchmarking
  - 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Masco Corporation
  - 8.4.9.1. Participant's Overview
  - 8.4.9.2. Financial Performance
  - 8.4.9.3. Product Benchmarking
  - 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Axalta Coating Systems Ltd.
  - 8.4.10.1. Participant's Overview
  - 8.4.10.2. Financial Performance
  - 8.4.10.3. Product Benchmarking
  - 8.4.10.4. Recent Developments/ Strategic Initiatives
- 8.4.11. Nippon Paint (India) Private Limited
  - 8.4.11.1. Participant's Overview
  - 8.4.11.2. Financial Performance
  - 8.4.11.3. Product Benchmarking
  - 8.4.11.4. Recent Developments/ Strategic Initiatives

Decorative Coatings Market Size, Share & Trends Analysis Report By Product (Primer, Enamel, Emulsion, Others), By Technology, By Application, By Region, And Segment Forecasts, 2024 - 2030