The Decorative Paints & Coatings Market size was valued at USD 73.94 Billion in 2023 and the total Decorative Paints & Coatings revenue is expected to grow at a CAGR of 5.73 % from 2024 to 2030, reaching nearly USD 109.21 Billion by 2030.
Decorative Paints & Coatings Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Decorative Paints & Coatings Market .The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Decorative Paints & Coatings Market by thorough analysis, and projections are made up to 2030.
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Decorative Paints & Coatings Market Scope and Methodology:
The market for decorative paints and coatings is mostly driven by urbanisation and infrastructure development, with increasing urbanisation leading to a spike in construction activity. The Decorative Paints & Coatings Market, for example, has grown substantially as a result of India's Smart Cities Mission, particularly after the lockdown, when money utilisation nearly doubled. With the goal of creating 100 smart cities in India, the mission has emerged as a major force behind the market's growth. In order to address the issue of funding smart city infrastructure, the government has placed a strong emphasis on Public-Private Partnerships (PPP), which account for about 21% of smart city funding.
For example, the PPP deal between Sterlite Power and the Gurugram Metropolitan Development Authority (GMDA) for the establishment and upkeep of the fibre network in Gurugram Sub City
Decorative Paints & Coatings Market Regional Insights
The study thoroughly examines the markets in the Middle East, Africa, South America, Asia Pacific, Europe, and North America. Understanding the intricate dynamics of the global Decorative Paints & Coatings Market is an essential component of the regional analysis provided in the report. The report contains details about the import and export of goods, market size, and growth rate for all countries. Furthermore, the report has also presented an overview of the latest advancements in the international Decorative Paints & Coatings Market across different countries and regions.
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Decorative Paints & Coatings Market Segmentation
by Resin Type
Acrylic
Alkyd
Polyurethane
Others
by Product Type
Emulsions
Wood Coating
Enamels
Distempers
Others
by Technology Type
Water-based Paints
Solvent-based Paints
Powder Coatings
Specialty Coatings
by End-Use Industry
Residential
Commercial
Industrial
Automotive
Furniture & Woodwork
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Decorative Paints & Coatings Market Key Players
Major Contributors in the Decorative Paints & Coatings Industry in North America:
1. Sherwin-Williams Company - Headquarters: Cleveland, Ohio, USA
2. PPG Industries, Inc. - Headquarters: Pittsburgh, Pennsylvania, USA
3. RPM International Inc. - Headquarters: Medina, Ohio, USA
4. Axalta Coating Systems Ltd. - Headquarters: Philadelphia, Pennsylvania, USA
5. Benjamin Moore & Co. - Headquarters: Montvale, New Jersey, USA
Leading Figures in the European Decorative Paints & Coatings Sector:
1. Akzo Nobel N.V. - Headquarters: Amsterdam, Netherlands
2. BASF SE - Headquarters: Ludwigshafen, Germany
3. DAW SE - Headquarters: Ober-Ramstadt, Germany
4. Hempel A/S - Headquarters: Copenhagen, Denmark
5. Jotun Group - Headquarters: Sandefjord, Norway
6. Akzo Nobel N.V. - Headquarters: Amsterdam, Netherlands
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Key Offerings
• Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective
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