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Decorative Coatings Market 2019 Impressively Grow in Future by Top Companies Analysis- PPG Industries Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Axalta Coating Systems LLC, NIPSEA GROUP

Decorative Coatings market report has been prepared by taking into account several aspects of marketing research and analysis which includes market size estimations, market dynamics, company & market best practices, entry level marketing strategies, positioning and segmentations, competitive landscaping, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, targeting key buying criteria, and in-depth benchmarking of vendor offerings. Hence the report has been provided with the comprehensive market insights and analysis that offers advanced perspective of the market place. The Decorative Coatings report also encompasses the key developments in the market with respect to current scenario and the forthcoming advancements.

Global Decorative Coatings Market is set to rise from its initial estimated value of USD 26.97 billion in 2018 to an estimated value of USD 39.09 billion by 2026, registering a CAGR of 4.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased urbanization and industrialization worldwide. The overall spend on construction has increased which is expected to positively impact the decorative coatings market in the forecast period. 

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Global Decorative Coatings Market, By Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, Others), Product (Primer, Enamel, Emulsions, Others), Formulation (Water-Based, Solvent-Based), Substrate (Metal, Plastic, Glass, Others), Coat Type (Top Coat, Base Coat, Others), Application (Architectural, Automotive, Domestic Appliances, Medical, Sporting Goods, Jewellery, Cosmetics, Aerospace), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 

Complete report on Global Decorative Coatings Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures 

Market Definition: Global Decorative Coatings Market 

Decorative coatings are the paint or coating materials used or applied for the enhancement of physical strength and aesthetic appeal of the surfaces they are applied to. They protect against corrosion, bacteria, moisture and even UV radiation. They are available in a number of different colours which makes the application of these coatings on the different sources appealing. 

Key Questions Answered in Global Decorative Coatings Market Report:- 

Our Report offers:- 

  • What will the market growth rate, Overview and Analysis by Type of Global Decorative Coatings Market in 2026?
  • What are the key factors driving, Analysis by Applications and Countries Global Decorative Coatings Market?
  • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Decorative Coatings Market?
  • Who are Opportunities, Risk and Driving Force of Global Decorative Coatings Market?
  • Who are the opportunities and threats faced by the vendors in Global Decorative Coatings Market? Business Overview by Type, Applications, Gross Margin and Market Share
  • What are the Global Decorative Coatings Market opportunities, market risk and market overview of the Market? 

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Top Key Players:

  • PPG Industries Inc.,
  • Akzo Nobel N.V.,
  • The Sherwin-Williams Company,
  • Axalta Coating Systems LLC,
  • NIPSEA GROUP,
  • Kansai Paint Co.Ltd.,
  • Bayer AG,
  • KCC CORPORATION,
  • Jotun,
  • Koninklijke DSM N.V.,
  • BASF SE,
  • Benjamin Moore & Co.,
  • Masco Corporation,
  • DAW SE,
  • The Arkema Group,
  • Berger Paints India Limited,
  • Cabot Corporation,
  • Clariant,
  • Eastman Chemical Company,
  • Tikkurila,
  • Cromology,
  • HEMPEL A/S,
  • Ashland,
  • RPM International Inc. 

Market Drivers: 

  • Increased urbanization and industrial worldwide driving the rise in construction is expected to drive the growth for decorative coatings market
  • Advancements and developments in the market is also expected to drive the market growth 

Market Restraints: 

  • Environment effects of solvent-borne coatings with VOC emissions involved in its production is expected to restrain the market growth
  • Vulnerability and fluctuation in the prices of raw materials is also expected to restrain the market growth 

Key Developments in the Market:

  • In March 2016, The Sherwin-Williams Company announced the confirmation of an agreement with The Valspar Corporation regarding its acquisition. The acquisition will impact the global market expanding the market share and help improve the market strategy of The Sherwin-Williams Company.
  • In September 2018, Akzo Nobel N.V. announced the acquisition of Xylazel S.A. with the acquisition creating a leader of decorative paints and coatings business in Spain in the shape of Akzo Nobel N.V.

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Customize report of “Global Decorative Coatings Market” as per customers requirement also available.

Market Segmentations:

Global Decorative Coatings Market is segmented on the basis of

  • Resin Type
  • Product
  • Formulation
  • Substrate
  • Coat Type
  • Application
  • Geography

Market Segmentations in Details:

By Resin Type

  • Acrylic
  • Alkyd
  • Polyurethane
  • Epoxy
  • Polyester
  • Others

By Product

  • Primer
  • Enamel
  • Emulsions
  • Others

By Formulation

  • Water-Based
  • Solvent-Based

By Substrate

  • Metal
  • Plastic
  • Glass
  • Others

By Coat Type

  • Top Coat
  • Base Coat
  • Others

By Application

  • Architectural
  • Automotive
  • Domestic Appliances
  • Medical
  • Sporting Goods
  • Jewellery
  • Cosmetics
  • Aerospace

By Geography

North America

  • S.
  • Canada,
  • Mexico

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Turkey
  • Belgium
  • Netherlands
  • Switzerland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • South Korea
  • India
  • Australia
  • Singapore
  • Thailand
  • Malaysia
  • Indonesia
  • Philippines
  • Rest of Asia Pacific

South America

  • Brazil
  • Rest of South America

Middle East & Africa

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

Competitive Analysis: Global Decorative Coatings Market

Global decorative coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of decorative coatings market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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