Decorative Coatings Market Worth $ 91.6 Billion in 2026


CHICAGO, October 8, 2021 / PRNewswire / – According to New Market Research Report Decorative Coatings Market Type of resin (acrylic, alkyd), technology (water-based, solvent-based, powder), type of user (DIY, professional), type of coating (interior, exterior), application (residential, non residential) and region – Global forecast for 2026“, published by MarketsandMarkets ™, the size of the decorative coatings market is expected to reach $ 91.6 billion by 2026.The size of the decorative coatings market is expected to increase from $ 71.3 billion in 2021 to $ 91.6 billion in 2026, at a CAGR of 5.1%. Growing demand for decorative coatings from the construction industry to drive the market.

Download the PDF brochure:

Browse the table of contents in depth at “Decorative coatings market

331 – Tables
58 – Figures
384 – Pages

See the detailed table of contents here:

Water-based technology is the fastest growing segment of the overall decorative coatings market.

The main type of technology used for decorative coatings is water-based technology, which accounted for 76.0% of the overall market, in terms of value, in 2020. The conventional solvent-based coatings market has lost its dominance. due to the increasing use of solvents. free coatings. . This trend is due to various rules and legislations. Greater emphasis is placed on a higher functionality coating for interior and exterior applications. For the exterior, aesthetic appearance and durability are maximized, as well as durability for asset protection through improvements in polymer design and properties such as resistance to dirt absorption, which is essential in countries with higher pollution levels in tropical climates. For the interior segment, the trend is towards water-based coatings where advanced polymer systems are formulated into low odor, low VOC coatings with low odor thresholds.

Request sample pages:

APAC is the largest decorative coatings market during the forecast period.

APAC is the largest decorative coatings market with a market share of 37.2% estimated at $ 24.7 billion in 2020. It has grown faster than global and mature markets due to relatively higher growth of the economy, especially in China and India. China is the largest part of the APAC market, accounting for nearly 42.0% of the volume. Including the following two largest markets, India and Indonesia, the top three markets represent more than 82.0% of the volume of the APAC region.

The pace of economic growth in the APAC region is expected to stabilize in the medium term; the region should retain its leadership position in the years to come. To meet the shift in focus towards domestic demand, construction spending in this region is expected to increase in both residential and non-residential (commercial, industrial and infrastructure) sectors, thus driving the decorative coatings market. In addition, consumers in this region are more and more aware of recent trends and designs in interior decoration and improving their living standards, which leads to an increase in the consumption of decorative coatings.

The major players presented in the Decorative Coatings Market report are PPG Industries Inc. (US), AkzoNobel NV (Netherlands), The Sherwin-Williams Company (United States), BASF SE (Germany) and Asian Paints Limited (India).

Get 10% Free Personalization on This Report:

Browse the adjacent market: Coatings Adhesives Sealants and Elastomers Market Research Reports and Consulting

Associated reports:

Paints and coatings market by resin (acrylic, alkyd, epoxy, polyurethane, polyester), technology (water-based, solvent-based, powder), application (architecture [Residential, Non-residential], Industrial) and Region

Industrial coatings market by resin (polyurethane, epoxy, acrylic, alkyd), technology (solvent-based, water-based, powder), end-use industry (general industry, protection, automotive, aerospace, wood, packaging) and region

About MarketsandMarkets ™

MarketsandMarkets ™ provides quantified B2B research on 30,000 high growth niche opportunities / threats that will impact 70% to 80% of global business revenues. Currently serving 7,500 clients worldwide, including 80% of global Fortune 1000 companies as clients. Almost 75,000 senior executives from eight industries around the world approach MarketsandMarkets ™ for their issues related to revenue decisions.

Our 850 full-time analysts and SMEs at MarketsandMarkets ™ monitor high-growth global markets according to the “Growth Engagement Model – GEM”. GEM aims to proactively collaborate with clients to identify new opportunities, identify the most important clients, write “Attack, Avoid and Defend” strategies, identify additional revenue streams for the company and its competitors. MarketsandMarkets ™ now offers 1,500 MicroQuadrants (positioning the best players among leaders, emerging companies, innovators, strategic players) each year in emerging high growth segments. MarketsandMarkets ™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them bring their innovations / disruptions to market quickly by providing them with cutting edge research.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for a deeper understanding of unmet information as well as market size and forecasts of niche markets.


Sir. Ashish Mehra
Markets and Markets ™ INC.
630 Dundee Road
Office 430
Northbrook, Illinois 60062
United States: + 1-888-600-6441
E-mail: [email protected]
Visit our website:
Source of content:

SOURCE Markets and Markets

Source link

Leave A Reply

Your email address will not be published.