Decorative Coatings Market by Resin Type, Technology, Coating Type, Product Type, User Type, Application

List of Tables

The Global Decorative Coatings Market is forecasted to grow significantly, with a projected USD 80.88 billion in 2023 at a CAGR of 6.80% and expected to reach a staggering USD 128.62 billion by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Decorative Coatings Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Decorative Coatings Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Resin Type, market is studied across Acrylic Resin, Alkyd Resin, Polyurethane Resin, and Vinyl Resin. The Acrylic Resin commanded largest market share of 55.11% in 2022, followed by Polyurethane Resin.

Based on Technology, market is studied across Powder Coatings, Solventborne Coatings, and Waterborne Coatings. The Waterborne Coatings commanded largest market share of 48.90% in 2022, followed by Solventborne Coatings.

Based on Coating Type, market is studied across Exterior and Interior. The Interior commanded largest market share of 56.70% in 2022, followed by Exterior.

Based on Product Type, market is studied across Emulsions, Enamels, and Wood Coatings. The Wood Coatings is further studied across Stains and Varnishes. The Emulsions commanded largest market share of 46.04% in 2022, followed by Enamels.

Based on User Type, market is studied across DIY and Professional. The Professional commanded largest market share of 89.66% in 2022, followed by DIY.

Based on Application, market is studied across Non-Residential and Residential. The Non-Residential is further studied across Commercial, Industrial, and Infrastructure. The Residential is further studied across New Construction and Remodel & Repaint. The Residential commanded largest market share of 58.65% in 2022, followed by Non-Residential.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.56% in 2022, followed by Asia-Pacific.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Decorative Coatings Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Decorative Coatings Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Decorative Coatings Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Decorative Coatings Market?

4. What is the competitive strategic window for opportunities in the Global Decorative Coatings Market?

5. What are the technology trends and regulatory frameworks in the Global Decorative Coatings Market?

6. What is the market share of the leading vendors in the Global Decorative Coatings Market?

7. What modes and strategic moves are considered suitable for entering the Global Decorative Coatings Market?

Product Code: MRR-EC2E133E32C2

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Decorative Coatings Market, by Resin Type, 2022 vs 2030
4.3. Decorative Coatings Market, by Technology, 2022 vs 2030
4.4. Decorative Coatings Market, by Coating Type, 2022 vs 2030
4.5. Decorative Coatings Market, by Product Type, 2022 vs 2030
4.6. Decorative Coatings Market, by User Type, 2022 vs 2030
4.7. Decorative Coatings Market, by Application, 2022 vs 2030
4.8. Decorative Coatings Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising number of renovation and remodeling activities in the residential sector
  - 5.1.1.2. Growing demand from the automotive and electronics industry to enhance durability and performance in extreme weather
  - 5.1.1.3. Escalating demand for eco-friendly and waterborne decorative coatings
- 5.1.2. Restraints
  - 5.1.2.1. Price volatility of raw materials used in decorative coating manufacturing
- 5.1.3. Opportunities
  - 5.1.3.1. Recent advancements and launch of improved decorative coatings
  - 5.1.3.2. Increase in R&D activities and rapid expansion of production facilities
- 5.1.4. Challenges
  - 5.1.4.1. Performance issues and environment effects of solvent-borne coatings
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Decorative Coatings Market, by Resin Type

6.1. Introduction
6.2. Acrylic Resin
6.3. Alkyd Resin
6.4. Polyurethane Resin
6.5. Vinyl Resin

7. Decorative Coatings Market, by Technology

7.1. Introduction
7.2. Powder Coatings
7.3. Solventborne Coatings
7.4. Waterborne Coatings

8. Decorative Coatings Market, by Coating Type

8.1. Introduction
8.2. Exterior
8.3. Interior

9. Decorative Coatings Market, by Product Type

9.1. Introduction
9.2. Emulsions
9.3. Enamels
9.4. Wood Coatings
- 9.4.1. Stains
- 9.4.2. Varnishes

10. Decorative Coatings Market, by User Type

10.1. Introduction
10.2. DIY
10.3. Professional

11. Decorative Coatings Market, by Application

11.1. Introduction
11.2. Non-Residential
- 11.2.1. Commercial
- 11.2.2. Industrial
- 11.2.3. Infrastructure
11.3. Residential
- 11.3.1. New Construction
- 11.3.2. Remodel & Repaint

12. Americas Decorative Coatings Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Decorative Coatings Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Decorative Coatings Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
- 15.3.1. Merger & Acquisition
  - 15.3.1.1. Asian Paints New Acquisition To Expand Home Decor Biz
  - 15.3.1.2. Kansai Helios Completed Its Acquisition of CWS
  - 15.3.1.3. JK Cement Enters Paint Segment, Acquires 60% Stake In Acro Paints In Rs 153-Crore Deal
  - 15.3.1.4. Sherwin-Williams to Acquire Italian Wood Coatings Company Industria Chimica Adriatica S.p.A.
  - 15.3.1.5. AkzoNobel Completes Grupo Orbis Acquisition To Boost Investment In Growth In Latin America
- 15.3.2. Agreement, Collaboration, & Partnership
  - 15.3.2.1. Hartley Italia and ICRO Coatings Announce Strategic Partnership
  - 15.3.2.2. Aparna Unispace Partners With Jotun Paints For An Expanded Product Portfolio
- 15.3.3. Award, Recognition, & Expansion
  - 15.3.3.1. Berger Paints Scouts Land In Odisha For New Manufacturing Plant
  - 15.3.3.2. Evonik Increases Additive Capacities for Architectural Paints
  - 15.3.3.3. Evonik Increases Additive Capacities For Architectural Paints

16. List of Company Mentioned

17. Appendix

17.1. Discussion Guide
17.2. License & Pricing