Albany, NY -- (SBWIRE) -- 10/18/2016 -- The report entitle Global Decorative Coatings Market with Focus on Performance Coatings: Size, Trends & Forecast (2016-2020) provides an in-depth analysis of the global decorative coatings market and its segments, with detailed analysis of market size and growth both in terms of value and volume and market share by region. The report also provides the analysis of global performance coatings market by value and by segments.
The report includes a brief regional analysis covering market share by country, by segment and by distribution channels for following regions: Europe, North America China and Latin America.
Furthermore, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global decorative coatings market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
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The global decorative coatings market is highly fragmented with various players. AkzoNobel Coatings, PPG Industries Inc., Sherwin Williams and RPM International Inc. are some of the key players operating in the global decorative coatings market whose company profiling has been done in the report. This segment of the report summarizes business overview, financial overview and the business strategies of the companies.
- North America
- Latin America
- AkzoNobel Coatings
- PPG Industries Inc.
- RPM International Inc.
Architectural/decorative coatings market can be segmented into interior based water coatings, exterior based water coatings, solvent based coatings (interior as well as exterior) and lacquers etc. Performance coatings are one of the major segments of decorative coatings market. Performance coatings market is further segmented into: Industrial & powder Coatings, Automotive & Specialty Coatings and Marine & Protective Coatings.
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The global decorative coatings market has increased with healthy growth rates over the years and is expected to increase further during the forecasted period (2016-2020). The global decorative coatings market is supported by various growth drivers such as growing urbanization, growth in construction activities of both residential as well as commercial in Asian countries, high investments and growth in construction and furniture sector and high spending on decorative coatings in Western Europe and the US etc. Yet the market faces some challenges, such as environmental impact and stringent regulations, availability of substitutes, rising raw material prices and slowdown of emerging economies.
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