Global Decorative Paints and Coatings Market: size is expected to reach nearly US$ 92.4 Bn. by 2027 with the CAGR of 5.73% during the forecast period.
Global Decorative Paints and Coatings Market Overview: Increasing demand from construction industry worldwide is the major factor boosting the Global Decorative Paints & Coatings Market. Rapid urbanization across the global cell results in an increasing structure for various purposes like house, offices, and industries for the long-time protection of this construction from dust and moistures point and coating are necessary this makes global decorative paints & coatings market to gain the demand for a better and innovative product.
Global Decorative Paints and Coatings Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2027, published by Maximize Market Research, is the culmination of thorough primary and secondary research. The study completely examines analysed insights in light of the market, as well as its ever-changing trends, industry environment, and all of the market’s leading elements. This research approach was used to investigate the Global Decorative Paints and Coatings market, and the results were logically presented in this report.
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Global Decorative Paints and Coatings Market Scope:
Global Decorative Paints and Coatings Market 2021 research report 2027 includes crucial statistics and analytical insights to provide a comprehensive understanding of the market size, share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, technology, types, and application. The research will also include accessible opportunities in micro markets for stakeholders to invest, as well as a full analysis of the competitive landscape and significant competitors’ product offers.
The qualitative and quantitative data provided in the Global Decorative Paints and Coatings market study can help decision-makers understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas. The report also includes the competitive landscape of key players in the industry along with emerging trends in the Global Decorative Paints and Coatings market.
Global Decorative Paints and Coatings Market Segmentation: Based on the application segment, residential segment is fastest-growing application segment of the global decorative paints & coatings market. This growth is mainly attributed to increase in residential construction activities and rise in homeownership rates in emerging markets. The residential segment of the global decorative paints & coatings market has been further classified into new construction/new paint and reconstruction/repainting. New painting activities are mainly associated with new build residential constructions, whereas, repainting/reconstruction activities are associated with offering a new look to an old and dilapidated building.
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Global Decorative Paints and Coatings Market Key Players:
• PPG Industries Inc.
• Akzonobel N.V.
• The Sherwin-Williams Company
• Asian Paints Limited
• Masco Corporation
• DAW SE
• Duluxgroup Ltd
• Jotun A/S
• Kansai Paints
• Nippon Paints Co. Ltd
• BASF Coatings GmbH
• Benjamin Moore & Co. Inc.
• Berger Paints India Ltd.
• Cromology (Formerly Materis Paint)
• Diamond Vogel
• Dunn Edwards
• Fujikura Kasei Co. Ltd.
• Hempel A/S
• KC Corporation Ltd
• National Paints Factories Co.
• Noroo Paint Co. Ltd
• Pintuco S. A.
• Ring International Holding
• SK Kaken
• Tikkurila OYJ
In additional Global Decorative Paints and Coatings Market Share analysis of players, in-depth profiling, product/service and business overview, the study also concentrates on BCG matrix, heat map analysis, Competitive Benchmarking along with SWOT analysis to better correlate market competitiveness.
Global Decorative Paints and Coatings Market Regional Analysis:
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Global Decorative Paints and Coatings market in these countries, which covering North America, U.S, Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
COVID-19 Impact Analysis on Global Decorative Paints and Coatings Market:
COVID-19 has a thorough impact on the Global Decorative Paints and Coatings market in North America, Asia Pacific, the Middle East, Europe, and South America, according to the report. During this crisis, the paper presents a comprehensive examination of alternatives, challenging conditions, and difficult situations in the Global Decorative Paints and Coatings market. The study briefly discusses the benefits as well as the challenges of the COVID-19 in terms of funding and market expansion. In addition, the study includes a collection of principles that are intended to assist readers in deciding and planning a corporate strategy.
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