SHARE THIS:
Link: https://www.marketsandmarkets.com/Market-Reports/decorative-paints-coatings-market-56221086.html

Decorative Paints & Coatings Market Expected to Account US$ 91.6 billion by 2026- Exclusive Report by MarketsandMarkets™

The Decorative Coatings market is projected to grow from USD 71.3 Billion in 2021 to USD 91.6 Billion by 2026, at a CAGR of 5.1% between 2021 and 2026. APAC is estimated to be the largest consumer of Decorative Coatings. The global Decorative Coatings market is driven by the growing demand for environmentally-friendly coating systems.

The key players operating in the market are PPG Industries Inc. (US), AkzoNobel N.V. (Netherlands), The Sherwin-Williams Company (US), BASF SE (Germany) and Asian Paints Limited (India). These players have adopted various strategies, such as mergers & acquisition, investment & expansion, and new product launch to grow in the market. Mergers & acquisitions is the key strategy adopted by the major players between 2016 and 2021. This strategy helped companies enhance their global presence.

Sherwin-Williams is a diversified paints and coatings company. It is a global leader in the manufacturing, development, distribution, and sale of protective coatings and related products for professional, industrial, commercial, and retail customers primarily in North and South America with additional operations in Caribbean region, Europe, Asia, and Australia. It has a strong customer base and operates in several countries of Europe, North America, and APAC. On seeing the products timeline of the organization, it has been seen that they are tirelessly adding the new developed product to their existing products line. As a part of its growth strategy and due to the growing demand for decorative paints in architectural, energy, and construction sectors, the company entered joint ventures with other manufacturers.

AkzoNobel N.V. is becoming one of the world’s leading decorative paints and coatings companies. The company is continuously focusing on market trends and new developments. For instance, it is highly focused on the production of waterborne paints, as according to the environmental regulations and new trends, the demand for solvent borne paints is expected to slow down soon, mainly in the European and Latin American regions. The company has built its position in the emerging markets i.e., APAC and EMEA. The sales revenue generated from different regions is accounted as followed 63% from EMEA region, 26% from APAC and 11% from South America. The company supplied 130, 000 liters of Decorative paint from their Dulux Professional range to the interior walls, pillars, and ceilings of Indonesia's new Yogyakarta International Airport, officially inaugurated in August.
read more..


Search for Decorative Paints & Coatings Market Expected to Account US$ 91.6 billion by 2026- Exclusive Report by MarketsandMarkets™ in the web..

Decorative Paints & Coatings Market Expected to Account US$ 91.6 billion by 2026- Exclusive Report by MarketsandMarkets™

Latest links

Best digital transformation services in Gurugram

Best digital transformation services in Gurugram

Qmoniqs Software is an award winning IT service company in Gurugram, India. The company mainly focus..

[[View rating and comments]]
submitted at 27.01.2023
Zelle Pay Helpline Support 1(406-278-8154) Number  USA (zellepaycareteam) · Benchling

Zelle Pay Helpline Support 1(406-278-8154) Number USA (zellepaycareteam) · Benchling

Zelle Pay Helpline Support 1(406-278-8154) Number USA (zellepaycareteam) is doing research with Ben..

[[View rating and comments]]
submitted at 27.01.2023
Classmill

Classmill

[[View rating and comments]]
submitted at 27.01.2023
X Games Aspen 2023 Live, StreaM | FrEE, Watch TV

X Games Aspen 2023 Live, StreaM | FrEE, Watch TV

The X Games Aspen 2023 live stream free tv series coming is back with an exciting 3-day event in Col..

[[View rating and comments]]
submitted at 27.01.2023
Move Your Stuff Safely By Hiring Interstate Removalists Sydney

Move Your Stuff Safely By Hiring Interstate Removalists Sydney

People often move from one state to another for a variety of reasons, like work, school, business, e..

[[View rating and comments]]
submitted at 27.01.2023
SAP TM (Transportation Management) Training Certification Course

SAP TM (Transportation Management) Training Certification Course

Master the state-of-the-art transportation management capabilities of SAP TM with Multisoft Virtual ..

[[View rating and comments]]
submitted at 27.01.2023
X Games Aspen 2023 Live Stream: How To Watch Free

X Games Aspen 2023 Live Stream: How To Watch Free

X Games Aspen 2023 Live Stream. You can watch it for free TV apps, Ruku, Apple TV, Amazon FireTV, LG..

[[View rating and comments]]
submitted at 27.01.2023
Khan Injury Law

Khan Injury Law

If you are the victim of and accident that was caused by another person's negligance, recklessness, ..

[[View rating and comments]]
submitted at 27.01.2023
353130B bearing, Railway bearings 150x250x180.6 for Niamey, 34.3 KG - en.tradebearings.com

353130B bearing, Railway bearings 150x250x180.6 for Niamey, 34.3 KG - en.tradebearings.com

high quantities 353130B Bearing dimension: 150x250x180.6, Enquiry for global 353130B Railway bearing..

[[View rating and comments]]
submitted at 27.01.2023
Google

Google

[[View rating and comments]]
submitted at 27.01.2023

Website Info

Category: Chemical & Materials
Found: 09.12.2022

Rate!!

Please write a comment:

User ratings