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PUBLISHER: IMARC | PRODUCT CODE: 1467901
PUBLISHER: IMARC | PRODUCT CODE: 1467901
Decorative Coatings Market Report by Technology, Product, Resin Type, Coating Type, Application, and Region 2024-2032
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The global decorative coatings market size reached US$ 70.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 97.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.61% during 2024-2032.
Decorative coatings are used on the interior and exterior surfaces of different structures to enhance their aesthetics and protect them against moisture, ultraviolet (UV) radiations, corrosion, blistering, chalking, fading, and peeling. They have anti-slip, anti-graffiti, anti-microbial, urine repellant, and scratch and fire-resistant properties. Besides this, as they offer bright colors to metal and plastic substrates and assist in light absorption and insulation, decorative coatings are utilized in the commercial, industrial, and residential sectors around the world.
Decorative Coatings Market Trends:
Rapid infrastructural development across the globe represents one of the key factors stimulating the growth of the market. Moreover, leading players operating in the industry are focusing on product innovations to offer a better customer experience. They are also engaging in partnerships and collaborations to increase their brand presence. Apart from this, decorative coatings find extensive applications in mobile phones, computers, cameras, watches, door handles, eyewear, furniture, automotive parts, and bathroom equipment. They are also utilized in transparent glass-ceramic cookers and packaging materials that are employed in the food and beverage (F&B) industry. In addition, water-based decorative coating additives aid in color tinting or enhancing the luster of textiles with fabric dyes and preventing oxidation of metal substrates using rust inhibitors. Moreover, there is a considerable rise in the number of people using adornment made from plastics or paper machetes on account of the increasing costs of gold and other precious metals. This, along with the rising demand for eco-friendly decorative coatings, is driving the market. Furthermore, increasing renovations and refurbishments of homes and offices, coupled with the increasing trend of do-it-yourself (DIY) among individuals, are impelling the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global decorative coatings market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on technology, product, resin type, coating type and application.
Breakup by Technology:
Waterborne Coatings
Solvent-borne Coatings
Powder Coatings
Breakup by Product:
Primer
Enamel
Emulsions
Others
Breakup by Resin Type:
Acrylic
Polyurethane
Alkyd
Vinyl
Epoxy
Others
Breakup by Coating Type:
Interior
Exterior
Breakup by Application:
Residential
Commercial
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akzo Nobel N.V., Arkema S.A, Ashland Global Holdings Inc., Asian Paints Limited, Axalta Coating Systems Ltd., BASF SE, Berger Paints India Limited, Clariant AG, Eastman Chemical Company, Kansai Paint Co. Ltd., KCC Corporation, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc. and The Sherwin-Williams Company.
Key Questions Answered in This Report
- 1. What was the size of the global decorative coatings market in 2023?
- 2. What is the expected growth rate of the global decorative coatings market during 2024-2032?
- 3. What are the key factors driving the global decorative coatings market?
- 4. What has been the impact of COVID-19 on the global decorative coatings market?
- 5. What is the breakup of the global decorative coatings market based on the technology?
- 6. What is the breakup of the global decorative coatings market based on the product?
- 7. What is the breakup of the global decorative coatings market based on the application?
- 8. What are the key regions in the global decorative coatings market?
- 9. Who are the key players/companies in the global decorative coatings market?
Product Code: SR112024A5997
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Decorative Coatings Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Technology
- 6.1 Waterborne Coatings
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Solvent-borne Coatings
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Powder Coatings
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Product
- 7.1 Primer
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Enamel
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Emulsions
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Resin Type
- 8.1 Acrylic
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Polyurethane
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Alkyd
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Vinyl
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Epoxy
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Coating Type
- 9.1 Interior
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Exterior
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Application
- 10.1 Residential
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Commercial
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Akzo Nobel N.V.
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Arkema S.A
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.2.3 Financials
- 16.3.2.4 SWOT Analysis
- 16.3.3 Ashland Global Holdings Inc.
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.3.4 SWOT Analysis
- 16.3.4 Asian Paints Limited
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.5 Axalta Coating Systems Ltd.
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 BASF SE
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.6.4 SWOT Analysis
- 16.3.7 Berger Paints India Limited
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.7.3 Financials
- 16.3.7.4 SWOT Analysis
- 16.3.8 Clariant AG
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 Financials
- 16.3.9 Eastman Chemical Company
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.9.4 SWOT Analysis
- 16.3.10 Kansai Paint Co. Ltd.
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.10.4 SWOT Analysis
- 16.3.11 KCC Corporation
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.11.3 Financials
- 16.3.12 Nippon Paint Holdings Co. Ltd.
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.12.3 Financials
- 16.3.12.4 SWOT Analysis
- 16.3.13 PPG Industries Inc.
- 16.3.13.1 Company Overview
- 16.3.13.2 Product Portfolio
- 16.3.13.3 Financials
- 16.3.13.4 SWOT Analysis
- 16.3.14 RPM International Inc.
- 16.3.14.1 Company Overview
- 16.3.14.2 Product Portfolio
- 16.3.14.3 Financials
- 16.3.14.4 SWOT Analysis
- 16.3.15 The Sherwin-Williams Company
- 16.3.15.1 Company Overview
- 16.3.15.2 Product Portfolio
- 16.3.15.3 Financials
- 16.3.15.4 SWOT Analysis
- 16.3.1 Akzo Nobel N.V.
Product Code: SR112024A5997
List of Figures
- Figure 1: Global: Decorative Coatings Market: Major Drivers and Challenges
- Figure 2: Global: Decorative Coatings Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Decorative Coatings Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Decorative Coatings Market: Breakup by Technology (in %), 2023
- Figure 5: Global: Decorative Coatings Market: Breakup by Product (in %), 2023
- Figure 6: Global: Decorative Coatings Market: Breakup by Resin Type (in %), 2023
- Figure 7: Global: Decorative Coatings Market: Breakup by Coating Type (in %), 2023
- Figure 8: Global: Decorative Coatings Market: Breakup by Application (in %), 2023
- Figure 9: Global: Decorative Coatings Market: Breakup by Region (in %), 2023
- Figure 10: Global: Decorative Coatings (Waterborne Coatings) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Decorative Coatings (Waterborne Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Decorative Coatings (Solvent-borne Coatings) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Decorative Coatings (Solvent-borne Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Decorative Coatings (Powder Coatings) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Decorative Coatings (Powder Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Decorative Coatings (Primer) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Decorative Coatings (Primer) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Decorative Coatings (Enamel) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Decorative Coatings (Enamel) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Decorative Coatings (Emulsions) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Decorative Coatings (Emulsions) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Decorative Coatings (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Decorative Coatings (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Decorative Coatings (Acrylic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Decorative Coatings (Acrylic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Decorative Coatings (Polyurethane) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Decorative Coatings (Polyurethane) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Decorative Coatings (Alkyd) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Decorative Coatings (Alkyd) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Decorative Coatings (Vinyl) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Decorative Coatings (Vinyl) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Decorative Coatings (Epoxy) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Decorative Coatings (Epoxy) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Global: Decorative Coatings (Other Resin Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Global: Decorative Coatings (Other Resin Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Global: Decorative Coatings (Interior) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Global: Decorative Coatings (Interior) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Global: Decorative Coatings (Exterior) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Global: Decorative Coatings (Exterior) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Global: Decorative Coatings (Residential) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Global: Decorative Coatings (Residential) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Global: Decorative Coatings (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Global: Decorative Coatings (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: North America: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: North America: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: United States: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: United States: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Canada: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Canada: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Asia-Pacific: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Asia-Pacific: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: China: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: China: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Japan: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Japan: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: India: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: India: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: South Korea: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: South Korea: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Australia: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Australia: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Indonesia: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Indonesia: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Others: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Others: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Europe: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Europe: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Germany: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Germany: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: France: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: France: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: United Kingdom: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: United Kingdom: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Italy: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Italy: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Spain: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Spain: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Russia: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Russia: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Others: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Others: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Latin America: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 83: Latin America: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 84: Brazil: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 85: Brazil: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 86: Mexico: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 87: Mexico: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 88: Others: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 89: Others: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 90: Middle East and Africa: Decorative Coatings Market: Sales Value (in Million US$), 2018 & 2023
- Figure 91: Middle East and Africa: Decorative Coatings Market: Breakup by Country (in %), 2023
- Figure 92: Middle East and Africa: Decorative Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 93: Global: Decorative Coatings Industry: SWOT Analysis
- Figure 94: Global: Decorative Coatings Industry: Value Chain Analysis
- Figure 95: Global: Decorative Coatings Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Decorative Coatings Market: Key Industry Highlights, 2018-2023
- Table 2: Global: Decorative Coatings Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 3: Global: Decorative Coatings Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 4: Global: Decorative Coatings Market Forecast: Breakup by Resin Type (in Million US$), 2024-2032
- Table 5: Global: Decorative Coatings Market Forecast: Breakup by Coating Type (in Million US$), 2024-2032
- Table 6: Global: Decorative Coatings Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 7: Global: Decorative Coatings Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 8: Global: Decorative Coatings Market: Competitive Structure
- Table 9: Global: Decorative Coatings Market: Key Players
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