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Global Decorative Paints and Coatings Market Drivers, Restraints, Potential Growth Opportunities, Product Size, Application Estimation, Vendor Competitive Landscape, Trends and Forecast 2018-2025 Single Use License: US$ 4200 +1 (214) 884-6068

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Decorative Paints and Coatings Market Size, Status and Forecast 2018-2025 • The global decorative paints & coatings market size was estimated at USD 70.76 billion in 2017. The global decorative paints and coatings market demand is primarily supported by the ongoing boom in the construction industry. • Rising residential construction across Asia Pacific is a significant factor to contribute to the growth of global decorative paints and coatings market. Increase in demand for refurbishment activities across matured economies, after a period of low demand, is also a welcoming change for the decorative paint and coating industry. However, the volatility of raw material prices and fluctuations in currency exchange rates is likely to hamper the profitability. Overall, the global decorative paints and coatings market is projected to witness impressive growth with CAGR 5.8% over the forecast period, between 2018 and 2025. • Decorative paints and coatings, which is also a part of architectural coatings, are primarily applied to buildings and related structures such as commercial offices and complexes. Decorative paints & coatings are applied to the structures mainly for decoration and protection. These coatings exhibit numerous properties such as protection against UV radiation, extreme temperature, moisture, and microorganisms. Decorative paints and coatings offer several benefits such as light absorption, insulation, and reflection which helps to increase the durability of the structure.

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Decorative Paints and Coatings Market Size, Status and Forecast 2018-2025

• An analysis of the global decorative paints and coatings market types portrays the availability of primers, enamels, and emulsions among others. Different types of decorative paints and coatings are available, depending upon their usage. Primers are applied to form a base of the final coating whereas the enamel coating is applied to a certain part of the structure that is susceptible to stain and dirt. Emulsions are high-quality paints used for interior applications such as ceilings and surface walls. Cement paints, distempers are considered among other types used in commercial and residential applications. Among product types, emulsion is projected to account for more than 40% of the global decorative paints and coatings market share. • On the basis of technology, global decorative paints and coatings market is categorized into water-based and solvent-based coatings of which water-based is expected to rise with significant CAGR over the forecast period. Waterborne coatings offer superior characteristics such as heat resistance, abrasion and low toxic content as compared to its counterpart which is known to contain VOCs and other air pollutants. Browse the complete report on @ https:// www.adroitmarketresearch.com/industry-reports/decorative-paints-and-coatings-market

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Decorative Paints and Coatings Market Size, Status and Forecast 2018-2025 • Decorative paints and coatings are mainly applied in residential and commercial spaces where it is used to give a desirable finish coupled with increased durability of the structure. Demand for these coatings is strongly correlated with the growth of the global construction industry, especially the residential segment. The global construction industry presently is witnessing positive growth, after a low paced growth during the global recession. Asia Pacific is the key driver for the global construction industry with significant investment in new residential and infrastructure segments. Strong economic growth coupled with rising urbanization rate in the region is leading to the growth of residential construction. Hence, on the basis of end use, residential construction is projected to dominate the global decorative paints and coatings market with a market share of over 60% by 2025. • Upon a regional analysis of the global decorative paints and coatings market, Asia Pacific has emerged as the leading region with a volume share exceeding 40% in 2017. China and India are the key drivers for the demand owing to significant investments for residential and commercial construction. However, rising market saturation in China is projected to moderately impact the growth rate but India is expected to show staggering growth in coming years. Southeast Asia is also projected to witness healthy growth owing to ongoing structural reforms and increasing construction spending.

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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more.

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Global Decorative Paints and Coatings Market Size, Price Forecast 2025  

Global Decorative Paints and Coatings Market Size 2017 By Product (Primer, Enamel, Emulsions and Others), By Technology (Waterborne Coatings...

Global Decorative Paints and Coatings Market Size, Price Forecast 2025  

Global Decorative Paints and Coatings Market Size 2017 By Product (Primer, Enamel, Emulsions and Others), By Technology (Waterborne Coatings...

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