Los Angeles, CA -- (SBWIRE) -- 06/21/2019 -- Decorative or architectural Paints are the paints and finishes that are used on residential and commercial buildings. They are basically employed to decorate rooms by adding colors and make them look fresh and attractive. They also serve as protecting agents from UV radiation, bacteria, corrosion, and moisture.
Asia Pacific occupies a substantial share in global decorative paints & coatings market due to the presence of numerous developing countries such as China, India, Vietnam and Bangladesh, which have been investing largely in construction sector. Despite funding gaps in Indonesia, Vietnam and Philippines the nonresidential construction industry is expected to grow at a faster pace owing to the government projects such as sea ports, transport and power. Asia Pacific is followed by the Americas, wherein Brazil, Argentina and Mexico drive the demand for decorative paints & coatings in both the residential and the commercial housing sectors.
The global Decorative Paints market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
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This report studies the Decorative Paints market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Decorative Paints in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
AkzoNobel
PPG Industries
Nippon Paint
The Sherwin-Williams Company
BASF
DOW
Arkema
Asian Paints
Kansai Paints
Dulux
Caparol
3M
MASCO
SK Kaken
KCC Corporation
DAI NIPPON TORYO
Fujikura Kasei
Brillux
Benjamin Moore
By the product type, the market is primarily split into
Solvent-based
Water-based
By the end users/application, this report covers the following segments
Non-residential Constructions
Residential Construction
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