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Finance > Stock MarketDecorative Coatings Market Outline: Business Strategies Wholesale Dallas Cowboys Jersey , Industry Trend, Export,
Posted by priya6007 in Finance on August 24th, 2018


Decorative Coatings Market Overview to 2023


Decorative Coatings are widely used as a protectant and colorant for metal, wooden and concrete structures against bleaching, chalking and general deterioration. In the market, Decorative Coatings are available as water borne and solvent borne coatings. These coatings have major applications as enhancing the visual appeal of substrates in coating wall and ceilings, furniture Wholesale Arizona Cardinals Jersey , and wooden flooring of the buildings. Additionally, they are used as coatings for metal objects and plastic materials.


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Global Top Key Players:


Some of the prominent players operating in the Global Decorative Coatings Market are BASF SE (Germany), PPG Industries Inc. (U.S.), The Sherwin-Williams Company (U.S.), Akzo Nobel N.V. (the Netherlands), Asian Paints Limited (Switzerland), Kansai Paint Co., Ltd. (U.S.) Wholesale Atlanta Falcons Jersey , The Valspar Corporation (U.S.), Arkema S.A. (France), Nippon Paints Co. Ltd (Japan), and Tikkurila Oyj (Finalnd) among others.


Intended Audience

Decorative Coatings ManufacturersTraders and Distributors of Decorative CoatingsProduction Process IndustriesPotential InvestorsRaw Material SuppliersNationalized Laboratory

Regional Analysis:


The Global Decorative Coatings Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these Wholesale Baltimore Ravens Jersey , Asia Pacific is predicted to grow with the highest CAGR during the review period, 2017 to 2023 on account of expanding construction industry. The demand for Decorative Coatings is predicted to surge in numerous countries of the Middle East & Africa such as Iraq, the United Arab Emirates, Saudi Arabia, Iran, and Kuwait due to high adoption rate by the construction industry. Moreover, this region is firmly in the middle of the world’s fastest growing markets and allowed Dubai in particular, to turn itself into a global hub for aviation Wholesale Buffalo Bills Jersey , tourism and logistics.


North American Decorative Coatings Market is predicted to witness a tremendous growth on account of high consumption potential, increasing production capacities, and rising economic growth rate. As of 2016, the U.S accounted for one of the largest global market share in terms of value & volume and is estimated to grow with the moderate CAGR on account of growth in Decorative Coatings application in furniture sector. In Europe, the demand for Decorative Coatings is predicted to grow in various countries such as Italy, Germany, Spain, U.K Wholesale Carolina Panthers Jersey , France, and Russia on account of increasing expenditure in innovation and growing purchasing power of consumers.


Segmentation:


The Global Decorative Coatings Market is categorized on the basis of type, technology, application, and region. On the basis of type, the market is bifurcated into primer, enamel, emulsion Wholesale Chicago Bears Jersey , and others. On the basis of technology, the market is segmented into water borne and solvent borne. On the basis of application, the Decorative Coatings Market is categorized into residential, non-residential and others. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America Wholesale Cincinnati Bengals Jersey , and the Middle East & Africa.


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Moreover, presence of major Decorative Coatings manufacturers specifically in Germany is expected to give a momentum to the market growth. Latin American countries such as Argentina, Colombia, and Brazil are predicted to experience decline in the Decorative Coatings Market owing to the financial crisis where the regional debts has surpassed their incomes. Asia Pacific decorative coatings market is predicted to grow with the moderate CAGR due to developing construction industry and expanding middle class populace in India and China. Moreover, rising awareness about durable coatings and environmental concerns in various economies of Asia Pacific such as China, India, Malaysia, Thailand Wholesale Cleveland Browns Jersey , and Japan is expected to raise the demand for ecofriendly based decorative coatings which in turn is predicted to fuel the demand for decorative coatings over the forecast period, 2017 to 2023.

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