Industry Overview
According to the HTF Market Report, the Decorative Paints & Coatings market is expected to see a growth of 6.00% and may reach a market size of USD100.0Billion by 2031, currently valued at USD70.0Billion.Decorative paints & coating is primarily associated with the use of building & construction of new houses and offices or their renovation in order to improve aesthetics. It enhances the design of the interior and exterior space which creates comfort living and aesthetic beauty. It has different functional qualities such as light absorption, insulation, reflection and anti-skid properties in order to protect a wall from the external harsh environment. The rapid pace of industrial development, rise in disposable income and increasing interest of the global population towards architecture are driving the global paint and coating market.
The chemical industry is a building block of the world's economy, driving innovation in sectors like pharmaceuticals and agriculture. It covers the production of base materials, including chemicals, polymers, and specialty compounds, integral to practically all products and processes. Companies in this sector are primary actors in supply chains, ensuring raw materials for manufacturing, construction, and consumer goods. With a focus on sustainability, the industry is increasingly investing in green chemistry and circular economy initiatives to reduce environmental impact. This industry will continue to grow with technological advancements, regulatory compliance, and market demand for more sustainable and innovative solutions; hence, it is energetic and a significant contributor in the business arena.
Decorative Paints & Coatings Market Size in (USD Billion) CAGR Growth Rate 6.00%
| Study Period | 2019-2031 |
| Market Size (2023): | USD70.0Billion |
| Market Size (2031): | USD100.0Billion |
| CAGR (2023 - 2031): | 6.00% |
| Fastest Growing Region | Asia Pacific |
| Dominating Region | North America |
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Key Player Analysis
The key players in the Decorative Paints & Coatings are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as PPG Industries (United States) , AkzoNobel N.V. (Netherlands), Sherwin-Williams Company (United States), Asian Paints (India), Masco Corporation (United States), Kansai Paints Co., Ltd. (Japan) , DuluxGroup Ltd. (Australia) , Jotun A/S (Norway) , DAW SE (Germany), Nippon Paint Co. are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation is driving significant advancements in product formulation and the introduction of sustainable and eco-friendly products.Additionally, these industry leaders are actively acquiring smaller companies to broaden their regional presence and strengthen their market share. These acquisitions not only diversify product portfolios but also provide access to new technologies and markets, fostering growth within the Decorative Paints & Coatings through operational streamlining and cost reduction.
Moreover, there is a clear shift toward green investments, with companies allocating more resources to sustainable practices and the development of environmentally friendly products. This response to increasing consumer demand for sustainable solutions and stricter environmental regulations positions these companies as leaders in green chemistry, further driving market growth.
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach. We also include recent years' innovation and strategies followed by companies who are growing in the market:
- PPG Industries (United States)
- AkzoNobel N.V. (Netherlands)
- Sherwin-Williams Company (United States)
- Asian Paints (India)
- Masco Corporation (United States)
- Kansai Paints Co.
- Ltd. (Japan)
- DuluxGroup Ltd. (Australia)
- Jotun A/S (Norway)
- DAW SE (Germany)
- Nippon Paint Co.
Decorative Paints & Coatings Market Segmentation by Players
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Regional Insights
The chemical industry exhibits significant regional variation, driven by factors such as resource availability, regulatory environments, and economic conditions. In North America, the industry is maintained by abundant natural resources, particularly shale gas, which provides a competitive advantage in petrochemical production. The U.S. remains a key player, with ongoing investments in advanced manufacturing technologies and sustainable practices positioning the region as a leader in innovation.In Europe, stringent environmental regulations and a strong emphasis on sustainability are shaping the chemical industry. The European Green Deal is pushing companies toward greener production methods, fostering growth in bio-based chemicals and recycling initiatives. Despite these opportunities, the region faces challenges from high energy costs and regulatory pressures, which are driving companies to seek efficiencies and explore new markets.
Asia-Pacific is the fastest-growing region, fuelled by rapid industrialization, urbanization, and a growing middle class. China dominates the regional market, supported by substantial investments in infrastructure and innovation. India and Southeast Asia are also emerging as key players, with increasing demand for chemicals in agriculture, construction, and electronics sectors.
Overall, regional dynamics in the chemical industry are shaped by local market conditions, regulatory landscapes, and the global push for sustainability, leading to diverse growth opportunities across different markets.
This report also splits the market by region
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia Pacific
Dominating Region
North America
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Market Segmentation
Segmentation by Type
- Wood Coating
- Emulsion
- Primer
- Enamel
- Others
Decorative Paints & Coatings Market Segmentation by Type
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Segmentation by Application
- Residential Construction
- Non-Residential Construction
Decorative Paints & Coatings Market Segmentation by Application
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Regulatory Overview
The chemical industry is based on a regulatory framework that makes sure the industry does not harm the people, or the environment, or breach international standards. These regulations run from production to handling, storage, and disposal. The key legislations generally include the EU's REACH system and the US TSCA, which have also put stringent testing, reporting, and labeling requirements for chemical substances. Compliance with the above legislation requires that companies implement good safety management systems, conduct periodic audits, and monitor environmental performance continually. Apart from that, industry players also have to be abreast of changing legislation and newly emerging global standards on hazardous substances, waste management, and sustainability undertakings. Non-compliance can lead to substantial penalties, reputational damage, and operational discontinuations, which make adherence a key business issue.Decorative Paints & Coatings Market Dynamics
Market Growth Drivers:The Decorative Paints & Coatings Market is experiencing significant growth due to various factors.
- Potential Growth In Emerging Market
Influencing Trend:
The Decorative Paints & Coatings Market is growing rapidly due to various factors.
- New Technological Advances Are Aiding the Production of Products
Opportunities:
The Decorative Paints & Coatings has several opportunities, particularly in developing countries where industrialization is growing.
- Potential Growth In Emerging Market
Challenges:
The market for fluid power systems faces several obstacles despite its promising growth possibilities.
- Survival Of Small Players & New Entrants
Report Infographics:
|
Report Features
|
Details
|
|
Base Year
|
2023
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|
Based Year Market Size
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USD70.0Billion
|
|
Historical Period
|
2019
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|
CAGR (2023 to 2030)
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6.00%
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|
Forecast Period
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2031
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|
Forecasted Period Market Size (2030)
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USD100.0Billion
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|
Scope of the Report
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Wood Coating, Emulsion, Primer, Enamel, Others, Residential Construction, Non-Residential Construction
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Regions Covered
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North America, Europe, Asia Pacific, Latin America, and MEA
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|
Companies Covered
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PPG Industries (United States) , AkzoNobel N.V. (Netherlands), Sherwin-Williams Company (United States), Asian Paints (India), Masco Corporation (United States), Kansai Paints Co., Ltd. (Japan) , DuluxGroup Ltd. (Australia) , Jotun A/S (Norway) , DAW SE (Germany), Nippon Paint Co.
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|
Customization Scope
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15% Free Customization (For EG)
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Delivery Format
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PDF and Excel through Email
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Report Coverage
The study on the Decorative Paints & Coatings market provides a thorough examination of the sector. Important company profiles, new product releases, significant mergers, acquisitions, and collaborations, as well as the incidence of osteoarthritis in important nations, are also highlighted in the research.
Decorative Paints & Coatings - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Decorative Paints & Coatings Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Decorative Paints & Coatings Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Decorative Paints & Coatings Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Potential Growth in Emerging Market
-
3.2 Available Opportunities
- 3.2.1 Potential Growth in Emerging Market
-
3.3 Influencing Trends
- 3.3.1 New Technological Advances Are Aiding the Production of Products
-
3.4 Challenges
- 3.4.1 Survival of Small Players & New Entrants
- 3.5 Regional Dynamics
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Chapter 4 : Global Decorative Paints & Coatings Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Decorative Paints & Coatings Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Decorative Paints & Coatings : Competition Benchmarking & Performance Evaluation
- 5.1 Global Decorative Paints & Coatings Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Decorative Paints & Coatings Revenue 2023
- 5.3 Global Decorative Paints & Coatings Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Ansoff Matrix
- 5.6 FPNV Positioning Matrix
Chapter 6: Global Decorative Paints & Coatings Market: Company Profiles
- 6.1 PPG Industries (United States)
- 6.1.1 PPG Industries (United States) Company Overview
- 6.1.2 PPG Industries (United States) Product/Service Portfolio & Specifications
- 6.1.3 PPG Industries (United States) Key Financial Metrics
- 6.1.4 PPG Industries (United States) SWOT Analysis
- 6.1.5 PPG Industries (United States) Development Activities
- 6.2 AkzoNobel N.V. (Netherlands)
- 6.3 Sherwin-Williams Company (United States)
- 6.4 Asian Paints (India)
- 6.5 Masco Corporation (United States)
- 6.6 Kansai Paints Co.
- 6.7 Ltd. (Japan)
- 6.8 DuluxGroup Ltd. (Australia)
- 6.9 Jotun A/S (Norway)
- 6.10 DAW SE (Germany)
- 6.11 Nippon Paint Co.
- 6.12 Ltd. (Japan)
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Chapter 7 : Global Decorative Paints & Coatings by Type & Application (2019-2031)
-
7.1 Global Decorative Paints & Coatings Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Wood Coating
- 7.1.2 Emulsion
- 7.1.3 Primer
- 7.1.4 Enamel
- 7.1.5 Others
- 7.1.6
-
7.2 Global Decorative Paints & Coatings Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Residential Construction
- 7.2.2 Non-Residential Construction
- 7.3 Global Decorative Paints & Coatings Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Decorative Paints & Coatings Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 8.1 North America Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Wood Coating
- 8.2.2 Emulsion
- 8.2.3 Primer
- 8.2.4 Enamel
- 8.2.5 Others
- 8.2.6
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8.3 North America Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Residential Construction
- 8.3.2 Non-Residential Construction
- 8.4 North America Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 9.1 LATAM Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Wood Coating
- 9.2.2 Emulsion
- 9.2.3 Primer
- 9.2.4 Enamel
- 9.2.5 Others
- 9.2.6
-
9.3 LATAM Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Residential Construction
- 9.3.2 Non-Residential Construction
- 9.4 LATAM Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 10.1 West Europe Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Wood Coating
- 10.2.2 Emulsion
- 10.2.3 Primer
- 10.2.4 Enamel
- 10.2.5 Others
- 10.2.6
-
10.3 West Europe Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Residential Construction
- 10.3.2 Non-Residential Construction
- 10.4 West Europe Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Wood Coating
- 11.2.2 Emulsion
- 11.2.3 Primer
- 11.2.4 Enamel
- 11.2.5 Others
- 11.2.6
-
11.3 Central & Eastern Europe Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Residential Construction
- 11.3.2 Non-Residential Construction
- 11.4 Central & Eastern Europe Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Wood Coating
- 12.2.2 Emulsion
- 12.2.3 Primer
- 12.2.4 Enamel
- 12.2.5 Others
- 12.2.6
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12.3 Northern Europe Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Residential Construction
- 12.3.2 Non-Residential Construction
- 12.4 Northern Europe Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Wood Coating
- 13.2.2 Emulsion
- 13.2.3 Primer
- 13.2.4 Enamel
- 13.2.5 Others
- 13.2.6
-
13.3 Southern Europe Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Residential Construction
- 13.3.2 Non-Residential Construction
- 13.4 Southern Europe Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 14.1 East Asia Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Wood Coating
- 14.2.2 Emulsion
- 14.2.3 Primer
- 14.2.4 Enamel
- 14.2.5 Others
- 14.2.6
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14.3 East Asia Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Residential Construction
- 14.3.2 Non-Residential Construction
- 14.4 East Asia Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Wood Coating
- 15.2.2 Emulsion
- 15.2.3 Primer
- 15.2.4 Enamel
- 15.2.5 Others
- 15.2.6
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15.3 Southeast Asia Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Residential Construction
- 15.3.2 Non-Residential Construction
- 15.4 Southeast Asia Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 16.1 South Asia Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Wood Coating
- 16.2.2 Emulsion
- 16.2.3 Primer
- 16.2.4 Enamel
- 16.2.5 Others
- 16.2.6
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16.3 South Asia Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Residential Construction
- 16.3.2 Non-Residential Construction
- 16.4 South Asia Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 17.1 Central Asia Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Wood Coating
- 17.2.2 Emulsion
- 17.2.3 Primer
- 17.2.4 Enamel
- 17.2.5 Others
- 17.2.6
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17.3 Central Asia Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Residential Construction
- 17.3.2 Non-Residential Construction
- 17.4 Central Asia Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 18.1 Oceania Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Wood Coating
- 18.2.2 Emulsion
- 18.2.3 Primer
- 18.2.4 Enamel
- 18.2.5 Others
- 18.2.6
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18.3 Oceania Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Residential Construction
- 18.3.2 Non-Residential Construction
- 18.4 Oceania Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Decorative Paints & Coatings Market Breakdown by Country, Type & Application
- 19.1 MEA Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Wood Coating
- 19.2.2 Emulsion
- 19.2.3 Primer
- 19.2.4 Enamel
- 19.2.5 Others
- 19.2.6
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19.3 MEA Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Residential Construction
- 19.3.2 Non-Residential Construction
- 19.4 MEA Decorative Paints & Coatings Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA Decorative Paints & Coatings Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA Decorative Paints & Coatings Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Decorative Paints & Coatings Market is growing at a steady pace over the last few years and is expected to grow at a CAGR of 6.00% from 2023 to 2031 to reach a market size of 6.00% USD100.0 billion
The Decorative Paints & Coatings Market is growing at a CAGR of 6.00% over the forecasted period 2023 - 2031.
The changing dynamics and trends such as New Technological Advances Are Aiding The Production Of Products are seen as major Game Changer in Global Decorative Paints & Coatings Market.
The leaders in the Global Decorative Paints & Coatings Market such as PPG Industries (United States) , AkzoNobel N.V. (Netherlands), Sherwin-Williams Company (United States), Asian Paints (India), Masco Corporation (United States), Kansai Paints Co., Ltd. (Japan) , DuluxGroup Ltd. (Australia) , Jotun A/S (Norway) , DAW SE (Germany), Nippon Paint Co., Ltd. (Japan) are targeting innovative and differentiated growth drivers some of them are Potential Growth In Emerging Market
Some of the major roadblocks that industry players have identified are Survival Of Small Players & New Entrants.
Some of the opportunities that Analyst at HTF MI have identified in Decorative Paints & Coatings Market are:
- Potential Growth In Emerging Market
New entrants, including competitors from unrelated industries along with players such as PPG Industries (United States) , AkzoNobel N.V. (Netherlands), Sherwin-Williams Company (United States), Asian Paints (India), Masco Corporation (United States), Kansai Paints Co., Ltd. (Japan) , DuluxGroup Ltd. (Australia) , Jotun A/S (Norway) , DAW SE (Germany), Nippon Paint Co., Ltd. (Japan) Instituting a robust process in Global Decorative Paints & Coatings Market.
Research paper of Global Decorative Paints & Coatings Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Residential Construction, Non-Residential Construction.
The Global Decorative Paints & Coatings Market Study is segmented by Wood Coating, Emulsion, Primer, Enamel, Others, .
The Global Decorative Paints & Coatings Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - 2023; Base year: 2023; Forecast period: 2025 to 2031
Decorative paints & coating is primarily associated with the use of building & construction of new houses and offices or their renovation in order to improve aesthetics. It enhances the design of the interior and exterior space which creates comfort living and aesthetic beauty. It has different functional qualities such as light absorption, insulation, reflection and anti-skid properties in order to protect a wall from the external harsh environment. The rapid pace of industrial development, rise in disposable income and increasing interest of the global population towards architecture are driving the global paint and coating market.
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