Decorative Coatings Market Size And Forecast
The Global Decorative Coatings Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Decorative Coatings Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Decorative Coatings Market was valued at USD 63.65 Billion in 2019 and is projected to reach USD 86.08 Billion by 2027, growing at a CAGR of 3.86 % from 2020 to 2027.

What are Decorative Coatings?
Decorative coatings are liquid paints and coatings used to coat, enhance, and protect the interior or exterior surface of the structure. It can be applied to residential apartments on roof coatings, wall paints, or deck finishes, building, trims and fittings. The topcoat and base coat reflect aesthetic properties coupled with anti-fungal, weather resistance, washability, and anti-dampening properties to the surface. There are three different types of coating – emulsions, wood coatings, and enamels.

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Decorative coatings are significantly used as a protective agent and colorant for metal, wooden and concrete structures against bleaching, chalking, and deterioration. They improve working conditions, deliver consistent quality and performance, and improve cost-benefit ratios. These are predominantly used in metal and plastic industry, residential, commercial buildings, and in the automotive sector.

Global Decorative Coatings Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The rapid growth of the construction industry, demand for environmentally-friendly coating systems, and an increase in durable coatings with better performance and aesthetics are expected to fuel the growth of the global decorative coatings market. The reconstruction and renovation activities in the construction sector is likely to drive the demand for the forecast period.

Furthermore, rising awareness among the consumers about decorative ideas and designs and growing craze of interior decoration, and the rising population is the result of large-scale urbanization across the world is anticipated to propel the market growth. However, stringent regulations by various government bodies and time-consuming regulatory policies have restricted the use of toxic organic chemicals used in the production of decorative coatings, which is expected to restrain the overall market growth. Whereas, opportunities in less regulated regions, and investments in emerging markets offer favorable growth opportunities.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Decorative Coatings Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Decorative Coatings Market Competitive Landscape
The “Global Decorative Coatings Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Akzo Nobel N.V, PPG Industries Inc., Kansai Paint Co. Ltd., BASF Coatings GmbH, The Sherwin Williams Company, RPM International Inc., Axalta Coating Systems, Clariant, Nippon Paint, Celanese Corporation, and Others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Decorative Coatings Market, By Product
• Primer
• Enamel
• Emulsions
• Others

Decorative Coatings Market, By Technology
• Waterborne Coatings
• Solventborne Coatings
• Powder Coating
• Other

Decorative Coatings Market, By Application
• Residential
• Commercial
• Others

Decorative Coatings Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America

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