AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Decorative Coatings Market Volume & Revenue, Forecast to 2026 - ResearchAndMarkets.com

November 5, 2019

DUBLIN--(BUSINESS WIRE)--Nov 5, 2019--

The “Decorative Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026” report has been added to ResearchAndMarkets.com’s offering.

The report analyzes and forecasts the decorative coatings market at global and regional levels. The market has been forecast in terms of volume (thousand liters) and revenue (US$ Mn) from 2018 to 2026.

The study includes drivers and restraints of the global decorative coatings market. It also covers the expected impact of these drivers and restraints on the demand for decorative coatings during the forecast period. The report also highlights growth opportunities for the decorative coatings market at the global and regional levels.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global decorative coatings market. The Porter’s Five Forces model for the decorative coatings market has also been included to help understand the competition landscape. The study encompasses market attractiveness analysis, wherein segments have been benchmarked by resin, technology, and application based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global decorative coatings market by segmenting it in terms of by base resin, technology, application, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes current and future demand for decorative coatings in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The report also covers segmentation based on individual by resin, technology, and application of the market in all regions.

The study includes profiles of major companies operating in the global decorative coatings market. Some of the major companies operating in the decorative coatings market include 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.

Segment Highlights

Based on resin, the decorative coatings market has be segmented into acrylics, polyurethanes, alkyds, vinyl acetate emulsions, epoxies, and other resins such as polyester and fluropolymer. Advantages of acrylics include superior color retention, maintenance of film clarity, resistance to chalking, and gloss retention. In the decorative coatings market, acrylics binders with excellent pigment-binding capacity and water-resistance are preferred over other types of binders.

Polyurethanes are commonly used as decorative metal coatings. Polyurethane coatings offer flexibility in terms of finishes, which include high-gloss finish, semi-gloss finish, and matte finish. They are often used as a topcoat on epoxy primer. Key properties of polyurethanes are weather resistance, corrosion resistance, abrasion resistance, chemical resistance, and oil resistance. Expansion of the segment can be attributed to properties of polyurethanes such as high tensile strength and abrasion resistance.

In terms of technology, the decorative coatings market has been classified into water-borne, solvent-borne, UV-cured, and other technologies including powder-based and oil-based. The water-borne decorative coatings segment is estimated to expand rapidly during the forecast period due to their eco-friendly nature. Water-borne decorative coatings meet the standards imposed by the U.S. and European Union on VOC emissions. In addition to low toxicity, their high water content also makes water-borne coatings less flammable and reduces hazardous waste disposal.

Based on application, the decorative coatings market can be bifurcated into residential and non-residential. Decorative coatings are used in residential construction, which include new construction and repainting. Growing population and rising urbanization in emerging economies are anticipated to drive the decorative coatings market. Decorative coatings are primarily used in interior applications in residential constructions include coating for furniture, shelves, and decorative structures.

In terms of region, the decorative coatings market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of consumption, Asia Pacific is expected to create lucrative opportunities for the decorative coatings market during the forecast period. The market in countries in Asia Pacific, especially China and India, is expanding significantly, thus boosting the demand for building and construction materials, including decorative coatings. Rising population is a key factor fueling the decorative coatings market in the region. Furthermore, North America is projected to be highly lucrative region owing to the recovery of the construction industry. Major players operating in the decorative coatings market engage in acquisitions to increase their market share. This, in turn, is anticipated to propel the market.

Key Takeaways

Key Topics Covered

1. Preface

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

2. Assumptions and Research Methodology

2.1. Report Assumptions

2.2. Secondary Sources & Acronyms Used

2.3. Research Methodology

3. Executive Summary: Global Decorative Coatings Market

4. Market Overview

4.1. Introduction

4.2. Key Market Indicators/Definitions

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

4.4. Porters Five Forces Analysis

4.5. Value Chain Analysis

4.6. Decorative Coatings Market: SWOT Analysis

4.7. Global Decorative Coatings Market Analysis and Forecast, 2017-2026

4.7.1. Global Decorative Coatings Market Volume (Thousand Liters)

4.7.2. Global Decorative Coatings Market Value (US$ Mn)

5. Global Decorative Coatings Market Analysis and Forecast, by Resin

5.1. Introduction & Key Findings

5.2. Global Decorative Coatings Market Volume (Thousand Liters) and Value (US$ Mn) Forecast, by Resin, 2017-2026

5.2.1. Acrylics

5.2.2. Polyurethanes

5.2.3. Alkyds

5.2.4. Vinyl Acetate Emulsions

5.2.5. Epoxies

5.2.3. Others

5.3. Global Decorative Coatings Market Attractiveness, by Resin, 2017

6. Global Decorative Coatings Market Analysis and Forecast, by Technology

6.1. Introduction & Key Findings

6.2. Global Decorative Coatings Market Volume (Thousand Liters) and Value (US$ Mn) Forecast, by Technology, 2017-2026

6.2.1. Water-borne

6.2.2. Solvent-borne

6.2.3. UV-cured

6.2.4. Others

6.3. Global Decorative Coatings Market Attractiveness, by Technology, 2017

7. Global Decorative Coatings Market Analysis and Forecast, by Application

7.1. Introduction

7.2. Global Decorative Coatings Market Volume (Thousand Liters) and Value (US$ Mn) Forecast, by Application, 2017-2026

7.2.1. Residential

7.2.1.1. New Construction

7.2.1.2. Repainting

7.2.2. Non-residential

7.2.2.1. New Construction

7.2.2.2. Repainting

7.3. Global Decorative Coatings Market Attractiveness, by Application, 2017

8. Global Decorative Coatings Market Analysis and Forecast, by Region

8.1. Key Findings

8.2. Global Decorative Coatings Market Volume (Thousand Liters) and Value (US$ Mn) Forecast, by Region, 2017-2026

8.2.1. North America

8.2.2. Europe

8.2.3. Asia-Pacific

8.2.4. Latin America

8.2.5. Middle East & Africa

8.3. Global Decorative Coatings Market Attractiveness, By Region, 2017

9. North America Decorative Coatings Market Analysis and Forecast

10. Europe Decorative Coatings Market Analysis and Forecast

11. Asia-Pacific Decorative Coatings Market Analysis and Forecast

12. Latin America Decorative Coatings Market Analysis and Forecast

13. Middle East & Africa Decorative Coatings Market Analysis and Forecast

14. Competition Landscape

14.1. Market Players - Competition Matrix

14.2. Global Decorative Coatings Market Share Analysis, by Company, 2017

14.3. Company Profiles

14.2.1. AkzoNobel N.V.

14.2.2. PPG Industries Inc.

14.2.3. Kansai Paint Co. Ltd.

14.2.4. BASF Coatings GmbH

14.2.5. The Sherwin Williams Company

14.2.6. RPM International Inc.

14.2.7. Axalta Coating Systems

14.2.8. Clariant

14.2.9. Nippon Paint

14.2.10. Celanese Corporation

14.2.11. Kelly-Moore Paints

14.2.12. NIPSEA Group

For more information about this report visit https://www.researchandmarkets.com/r/f73exh

View source version on businesswire.com:https://www.businesswire.com/news/home/20191105005634/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: RETAIL HOME GOODS CONSTRUCTION & PROPERTY INTERIOR DESIGN

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/05/2019 07:37 AM/DISC: 11/05/2019 07:37 AM

http://www.businesswire.com/news/home/20191105005634/en